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VanEck China Bond ETFVanEck China Bond ETFVanEck China Bond ETF

VanEck China Bond ETF

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Overview
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CBON chart



Key stats


Assets under management (AUM)
‪18.03 M‬ USD
Fund flows (1Y)
—
Dividend yield (indicated)
1.84%
Discount/Premium to NAV
—
Shares outstanding
‪800.00 K‬
Expense ratio
0.50%

About VanEck China Bond ETF


Issuer
Van Eck Associates Corp.
Brand
VanEck
Home page
vaneck.com
Inception date
Nov 10, 2014
Structure
Open-Ended Fund
Index tracked
FTSE Chinese Broad Bond 0-10 Years Diversified Select Index - CNY - Benchmark TR Net
Replication method
Physical
Management style
Passive
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.
ISIN
US92189F3799
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.

Broaden your horizons with more funds linked to CBON via country, focus, and more.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Investment grade
Niche
Intermediate
Strategy
Vanilla
Geography
China
Weighting scheme
Tiered
Selection criteria
Market value

CBON analysis


What's in the fund
Exposure type
Bonds, Cash & Other
Government
Corporate
Stock breakdown by region
100%
Top 10 holdings

CBON news



Seasonals


Displays a symbol's price movements over previous years to identify recurring trends.

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 assets under management is ‪18.03 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.
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.
Yes, CBON pays dividends to its holders with the dividend yield of 1.84%.
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.