EMBAX Performance — VanEck Emerging Markets Bond Fund, Class A
Data updated: 2025-11-21
EMBAX returned +9.24% over one year to Sep 2025. Over one year the fund beat its Emerging Markets Bond category average: $100 grew to $109, against $108 for the category. Volatility over the past 12 months was 6.51% a year. In the 12 months to Sep 2025 the fund lost a net $12.7M, and assets reached $69.46M.
EMBAX Growth of $100
What $100 invested in VanEck Emerging Markets Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Bond category average over the same months.
| Period | EMBAX | Category average |
|---|---|---|
| 1 year (Oct 2024 – Sep 2025) | $109 | $108 |
| 3 years (Oct 2022 – Sep 2025) | $144 | $137 |
| 5 years (Oct 2020 – Sep 2025) | $125 | $115 |
| Since data start (Jul 2019 – Sep 2025) | $132 | $118 |
EMBAX Trailing Returns
Total returns to Sep 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +9.24% |
3- and 5-year figures withheld: not verified.
EMBAX Annual Returns
Calendar-year total returns of VanEck Emerging Markets Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Sep) | +15.05% |
| 2024 | +2.52% |
| 2023 | +10.91% |
| 2022 | −7.74% |
| 2021 | −4.58% |
| 2020 | +11.42% |
| 2019 (Jul–Dec) | +2.67% |
EMBAX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +2.2% | +1.4% | −0.3% | +1.2% | +1.8% | +3.7% | −0.1% | +2.6% | +1.7% | — | — | — |
| 2024 | −1.0% | +0.1% | +0.7% | −1.4% | +1.7% | +0.3% | +1.8% | +2.5% | +3.2% | −2.6% | −0.7% | −1.8% |
| 2023 | +5.0% | −2.8% | +1.5% | +0.6% | −0.9% | +2.7% | +1.6% | −2.7% | −2.3% | −1.4% | +5.8% | +3.9% |
| 2022 | −1.4% | −2.0% | −0.7% | −5.0% | +0.4% | −6.6% | +2.9% | +1.5% | −6.3% | −2.5% | +10.1% | +2.8% |
| 2021 | −0.8% | −0.8% | −2.1% | +3.1% | +1.5% | −0.7% | −1.0% | +0.9% | −2.7% | −0.1% | −2.0% | +0.1% |
| 2020 | +0.7% | −0.8% | −19.9% | +3.5% | +10.3% | +6.9% | +4.9% | +2.5% | −1.9% | −0.1% | +4.8% | +3.3% |
| 2019 | — | — | — | — | — | — | +2.1% | −5.9% | +2.3% | +0.3% | 0.0% | +4.1% |
EMBAX Risk
Risk measures from monthly returns over Oct 2024 – Sep 2025.
- 1-year volatility (annualised): 6.51%
- Best month: +3.71% (Jun 2025)
- Worst month: −2.60% (Oct 2024)
EMBAX Fund Flows
Monthly money in and out of VanEck Emerging Markets Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$12.7M
- 12-month gross sales (incl. reinvestments): $26.3M
- Sales ÷ redemptions: 0.67×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Sep 2025 | $4.1M | $903K | $3.2M |
| Aug 2025 | $2.0M | $964K | $987K |
| Jul 2025 | $2.6M | $3.7M | −$1.1M |
| Jun 2025 | $1.6M | $784K | $770K |
| May 2025 | $2.2M | $1.4M | $774K |
| Apr 2025 | $1.4M | $1.3M | $48K |
| Mar 2025 | $1.7M | $2.6M | −$912K |
| Feb 2025 | $1.4M | $9.6M | −$8.2M |
| Jan 2025 | $1.5M | $7.8M | −$6.3M |
| Dec 2024 | $2.2M | $2.1M | $80K |
| Nov 2024 | $2.4M | $2.0M | $306K |
| Oct 2024 | $3.3M | $5.8M | −$2.4M |
EMBAX Assets Under Management
Net assets of VanEck Emerging Markets Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2025-09-30 | $69.46M |
| 2025-06-30 | $64.84M |
| 2025-03-31 | $60.21M |
| 2024-12-31 | $74.63M |
| 2024-09-30 | $82.21M |
| 2024-06-30 | $77.66M |
| 2024-03-31 | $76.50M |
| 2023-12-31 | $84.82M |
| 2023-09-30 | $78.69M |
| 2023-06-30 | $71.64M |
| 2023-03-31 | $35.90M |
| 2022-12-31 | $9.50M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.