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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
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government59.75%
Corporate38.48%
Cash1.60%
Mutual fund0.17%
Stock breakdown by region
Asia100.00%
North America0.00%
Latin America0.00%
Europe0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CBON invests in bonds. The fund's major sectors are Government, with 59.75% stocks, and Corporate, with 38.48% of the basket. The assets are mostly located in the Asia region.
CBON last dividends amounted to 0.03 USD. The month before, the issuer paid 0.03 USD in dividends, which shows a 5.56% increase.
CBON assets under management is 17.93 M USD. It's risen 1.40% over the last month.
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.
Yes, CBON pays dividends to its holders with the dividend yield of 1.89%. The last dividend (May 6, 2025) amounted to 0.03 USD. The dividends are paid monthly.
CBON shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Nov 10, 2014, and its management style is Passive.
CBON expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
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.
CBON invests in bonds.
CBON price has risen by 1.02% over the last month, and its yearly performance shows a 2.50% increase. See more dynamics on CBON price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.62% over the last month, showed a 2.31% increase in three-month performance and has increased by 4.83% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.62% over the last month, showed a 2.31% increase in three-month performance and has increased by 4.83% in a year.
CBON trades at a premium (0.41%) meaning the ETF is trading at a higher price than the calculated NAV.