Key stats
About VanEck China Bond ETF
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Inception date
Nov 10, 2014
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
CBON is the first ETF to provide access to China-issued bonds traded on the interbank bond or exchange-traded bond markets. The fund invests in fixed-rate, CNY-denominated, investment-grade bonds with maturities of 1 month to 10 years. Chinese bonds are available to local investors, as well as qualified non-Chinese investors through a qualified foreign institutional investor status (RQFII or QFII). The fund could invest in interbank, policy bank, and government-sponsored bonds, as well as government and corporate bonds. The fund sets sector capping of 20% government, 30% agency and 50% credit sector. Within the credit sector, the fund applies a 50% limit for the industry sector (utility, financial, industrial) and an issuer cap of 4.5%. After the determining sector and issuer weights, securities are weighted in proportion to their market capitalization. The index is rebalanced monthly. Prior to May 31, 2024, the fund tracked the ChinaBond China High Quality Bond Index.
Classification
What's in the fund
Exposure type
Government
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CBON trades at 22.33 USD today, its price has risen 0.11% in the past 24 hours. Track more dynamics on CBON price chart.
CBON net asset value is 22.41 today — it's risen 1.64% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CBON assets under management is 17.97 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CBON price has risen by 1.02% over the last month, and its yearly performance shows a 1.96% increase. See more dynamics on CBON price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.64% over the last month, showed a 1.69% increase in three-month performance and has increased by 4.77% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.64% over the last month, showed a 1.69% increase in three-month performance and has increased by 4.77% in a year.
CBON fund flows account for −6.67 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CBON invests in bonds. See more details in our Analysis section.
CBON expense ratio is 0.50%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CBON isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CBON technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CBON shows the buy signal. See more of CBON technicals for a more comprehensive analysis.
Today, CBON technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CBON shows the buy signal. See more of CBON technicals for a more comprehensive analysis.
Yes, CBON pays dividends to its holders with the dividend yield of 1.89%.
CBON trades at a premium (0.29%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CBON shares are issued by Van Eck Associates Corp.
CBON follows the FTSE Chinese Broad Bond 0-10 Years Diversified Select Index - CNY - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 10, 2014.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.