MVIS EM Corporate Bond (USD&EUR) Index

The MVIS EM Corporate Bond (USD&EUR) Index (MVEMCD) tracks the performance of Emerging Markets corporate bonds denominated in USD or EUR. MVEMCD is a modified market cap-weighted index, and is derived from the MVIS EM Aggregate Bond Index (MVEMAG), which 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 MVEMAG index, bonds must be issued by either an emerging markets sovereign, a quasi-sovereign issuer, or a corporate issuer whose primary country of risk is deemed to be an emerging market country.

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 Maturity3.75
Average Modified Duration5.82
Average Years to Maturity9.75
Average Coupon4.78
Yield to Worst3.52
Current Yield4.54

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 Yield792 35.76%
Investment Grade1,378 56.36%
Not Rated217 7.88%
MaturityCountWeight
0 - 3 Years718 22.80%
3 - 5 Years591 20.75%
5 - 7 Years297 14.02%
7 - 10 Years342 16.91%
10 - 15 Years55 3.09%
15 - 20 Years45 3.28%
20+ Years339 19.15%
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