VanEck Emerging Markets High Yield Bond ETF
HYEM
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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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.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 666 Third Avenue, 9th Floor New York NY United States of America 10017
- IPO Date
- May 14, 2012
- CIK
- 0001137360
- Website
- vaneck.com
- Similar Companies
- Business
- VanEck Emerging Markets High Yield Bond ETF (HYEM) is an exchange-traded fund that seeks to replicate, before fees and expenses, the price and yield performance of the ICE BofA Diversified High Yield US Emerging Markets Corporate Plus Index (EMLH). The fund provides exposure to U.S. dollar-denominated, below-investment-grade bonds issued by non-sovereign emerging markets issuers in major domestic and Eurobond markets, including high-yield corporate bonds from sectors such as financials, energy, materials, and telecommunications; key holdings encompass issuers from Argentina (e.g., Provincia De Buenos Aires, YPF SA), Brazil (e.g., Samarco Mineracao), Colombia (e.g., Ecopetrol SA, Grupo Nutresa), Mexico (e.g., Petroleos Mexicanos), and others across Latin America, Asia, Europe, and Africa. HYEM targets investors seeking high-yield fixed income diversification beyond U.S. high-yield bonds, with a focus on emerging markets corporates offering yield pickup and relatively higher credit quality; as of December 2025, it maintains a 30-day SEC yield of approximately 6.79%, total net assets of $436 million, and an expense ratio of 0.40%. Launched on May 8, 2012, HYEM is issued and managed by VanEck, a global investment manager founded in 1955 and headquartered in New York City with additional offices in Europe and Asia-Pacific. The fund operates primarily in U.S. markets via NYSE Arca listing (ticker: HYEM), serving institutional and retail investors focused on emerging markets debt; geographic exposure spans issuers domiciled or operating in over 30 emerging countries, with heaviest allocations to Latin America (e.g., Argentina, Brazil, Colombia, Mexico), Asia (e.g., China, India, Indonesia), and select Middle East/Africa regions. In recent developments, VanEck has pursued strategic expansions in its emerging markets fixed income lineup, including the August 2025 announcement to convert its Emerging Markets Bond Fund—a related actively managed mutual fund—into the VanEck Emerging Markets Bond ETF, expected around October 2025, to broaden investor access amid strong historical outperformance (e.g., 4.1% annualized over five years versus benchmarks). Concurrently, VanEck announced broader ETF product line adjustments in 2025, such as stock splits (e.g., Environmental Services ETF) and liquidations of underperforming funds like RNEW and SMI based on assets, liquidity, and investor interest, reflecting ongoing portfolio optimization without direct impact on HYEM. These moves align with VanEck's focus on high-conviction emerging markets strategies amid favorable yields and low defaults in the sector during 2025.