MVIS EM Aggregate Bond Index

The modified market cap-weighted index tracks the performance of emerging markets sovereign bonds and corporate bonds denominated in USD, EUR or local emerging markets currencies. To be included in the index bonds must be issued by an emerging markets sovereign or quasi-sovereign issuer or a corporate issuer whose primary country of risk is deemed to be an emerging market country. Derived from MVIS EM Aggregate Bond Index (MVEMAG) are four sub-indices. The index is a unique benchmark and the first index for emerging market debt that includes the four major categories of emerging markets bonds. MVEMAG has been licensed to underlie financial products with currently USD 14.99 million in assets under management.

Index Fundamentals

The tables below show fundamental data of the MVIS Bond Index.
Descriptive values are updated on a daily basis. The chart shows historical values on a monthly basis.

Average Yield to Maturity4.70
Average Modified Duration6.30
Average Years to Maturity9.67
Average Coupon5.53
Yield to Worst4.65
Current Yield5.25

Rating and Maturity Breakdown

The tables below show Bloomberg Composite Rating breakdown and Maturity breakdown of the index components.
The data are updated on a daily basis.

RatingCountWeight
High Yield919 26.81%
Investment Grade1,440 53.01%
Not Rated647 20.18%
MaturityCountWeight
0 - 3 Years810 19.69%
3 - 5 Years728 20.27%
5 - 7 Years394 13.15%
7 - 10 Years488 19.58%
10 - 15 Years120 7.07%
15 - 20 Years92 5.17%
20+ Years374 15.07%
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