VanEck China Bond ETF
CBON
New York Stock Exchange Arca- -
USD
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- -
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 666 Third Avenue, 9th Floor New York NY United States of America 10017
- IPO Date
- Nov 11, 2014
- CIK
- 0001137360
- Website
- vaneck.com
- Similar Companies
- Business
- VanEck China Bond ETF (CBON) is an exchange-traded fund that seeks to replicate, before fees and expenses, the price and yield performance of the FTSE Chinese Broad Bond 0-10 Diversified Select Index (CFIICNDS). The fund provides investors with access to fixed-rate, Renminbi (RMB)-denominated bonds issued in the People's Republic of China by governmental, quasi-governmental (such as policy banks including China Development Bank, Agricultural Development Bank of China, and Export-Import Bank of China), and investment-grade credit issuers (such as China Petrochemical Corp, China Everbright Bank Co Ltd, Bank of Communications Co Ltd, State Grid Corp of China, and China Petroleum & Chemical Corp); its portfolio emphasizes high credit quality with maturities ranging from 0 to 10 years, low correlation to other asset classes, and exposure to China's onshore bond market, the world's second largest. Launched on November 10, 2014, and domiciled in the United States, CBON is managed by VanEck and headquartered at 666 Third Avenue, New York, New York; it operates globally with primary exposure to Chinese issuers (99.15% country weighting as of November 30, 2025), targets institutional and retail investors seeking emerging markets fixed income, and maintains total net assets of approximately $18.17 million as of December 12, 2025, with a net expense ratio of 0.50% (contractually capped until September 1, 2026). Recent developments include ongoing monthly distributions, such as $0.0298 per share in November 2025 yielding a 30-day SEC yield of 1.19% as of December 12, 2025; a benchmark adjustment to the current FTSE index effective March 15, 2024, reflecting changes in index methodology; and VanEck's broader product line management, including closures of unrelated ETFs announced in September 2025, underscoring continued focus on core emerging markets bond offerings amid China's RMB-denominated market dynamics.