VanEck VIP Emerging Markets Bond Fund
VanEck VIP Trust

Portfolio moves

Net position changes between two of this fund's N-PORT snapshots. These are differences between point-in-time reports — not a trade log — and share counts can be affected by splits and other corporate actions.

Dec 31, 2025 → Mar 31, 2026

Expand a category to see the positions behind it, ranked by weight.

Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
South Africa, Parliament of 0 13,265,000 13,265,000 3.48% $737.00K
China Government Bond 0 3,500,000 3,500,000 2.98% $631.77K
REP OF POLAND 0 382,000 382,000 1.90% $401.78K
THAILAND KINGDOM OF 2.7% 06/17/2040 0 11,323,000 11,323,000 1.60% $339.33K
Bonos de la Tesoreria de la Republica en pesos 0 310,000,000 310,000,000 1.58% $335.61K
ROMANIA REPUBLIC OF 6.7% 02/25/2032 0 995,000 995,000 1.04% $220.11K
REPUB URUGUAY 0 234,000 234,000 1.01% $213.28K
Venezuela Government International Bond 0 517,000 517,000 1.01% $213.26K
Titulos de Tesoreria 0 810,000,000 810,000,000 1.00% $210.99K
SOUTH AFRICA REPUBLIC OF 8.5% 01/31/2037 0 3,801,000 3,801,000 0.99% $210.08K
ANGOL 9.375 03/31/33 144A 0 198,000 198,000 0.93% $196.12K
Star Energy Geothermal Darajat II / Star Energy Geothermal Salak 0 207,000 207,000 0.92% $193.96K
REPUBLIC OF ECUADOR 6.900000% 07/31/2035 0 199,000 199,000 0.83% $175.72K
Republic of Uganda Government Bonds 0 611,300,000 611,300,000 0.79% $167.53K
Republic of Kenya 0 181,000 181,000 0.78% $164.27K
Absa Bank Ltd 0 9,028,000 9,028,000 0.74% $157.10K
Federative Republic of Brazil 0 142,000 142,000 0.66% $139.23K
INDOFOOD CBP SUKSES MAKMUR TBK PT REG S SR UNSEC 3.398% 06-09-31 0 129,000 129,000 0.56% $118.75K
ALPEK SAB DE CV REG S SR UNSEC 3.25% 02-25-31 0 140,000 140,000 0.55% $117.59K
Republic of Angola 0 115,000 115,000 0.55% $116.11K
Republic of Guatemala 0 126,000 126,000 0.52% $110.42K
REP OF NIGERIA 0 111,000 111,000 0.51% $108.92K
Longfor Group Holdings Ltd. 0 137,000 137,000 0.51% $108.64K
PAKUWON JATI TBK PT 4.875000% 04/29/2028 0 110,000 110,000 0.50% $106.82K
Pan American Energy LLC/Argentina 0 96,000 96,000 0.45% $96.00K
China Government Bond 0 500,000 500,000 0.44% $92.36K
Barbados Government Bond 0 76,000 76,000 0.36% $77.24K
Bono del Tesoro Nacional Capitalizable en Pesos 0 70,242,000 70,242,000 0.26% $54.61K
Republic of Cote d'Ivoire 0 61,000 61,000 0.25% $53.72K
REPUBLIC OF PARAGUAY SR UNSECURED 144A 03/55 6.65 0 36,000 36,000 0.18% $37.45K
US DOLLARS 0 1 1 -0.01% -$1.29K
Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
MEXICAN BONOS MXN 8.0% 11-07-47 19,990,000 0 -19,990,000 0.00% -$956.92K
United Arab Emirates Government Bond 896,000 0 -896,000 0.00% -$686.53K
Presidencia da Republica 3,511,000 0 -3,511,000 0.00% -$620.75K
Republic of Indonesia 6,859,000,000 0 -6,859,000,000 0.00% -$428.03K
TURKIYE REP OF 504,000 0 -504,000 0.00% -$414.71K
SOUTH AFRICA REPUBLIC OF 7.25% 12/11/2055 144A 401,000 0 -401,000 0.00% -$398.19K
REP OF POLAND 344,000 0 -344,000 0.00% -$357.43K
KSA SUKUK LTD 349,000 0 -349,000 0.00% -$346.80K
THAILAND KINGDOM OF 1.585% 12/17/2035 10,523,000 0 -10,523,000 0.00% -$333.56K
United Arab Emirates Government Bond 280,000 0 -280,000 0.00% -$252.35K
Presidencia de la Republica de Chile 220,000,000 0 -220,000,000 0.00% -$244.03K
Hungary Government Bond 76,580,000 0 -76,580,000 0.00% -$240.13K
ROMANIAN GOVERNMENT INTERNATIONAL BOND MTN 7.625000% 01/17/2053 212,000 0 -212,000 0.00% -$234.23K
THAILAND GOVT 6,443,000 0 -6,443,000 0.00% -$227.92K
State of Kuwait 222,000 0 -222,000 0.00% -$222.26K
STATE OF ISRAEL 224,000 0 -224,000 0.00% -$208.30K
CZECH REPUBLIC GOVERNMENT BOND CZK 4.9% 04-14-34 3,780,000 0 -3,780,000 0.00% -$189.38K
URUGUAY REPUBLICA ORIENTAL DL 9.75% 07/20/2033 6,042,000 0 -6,042,000 0.00% -$173.73K
Morocco, Kingdom of 238,000 0 -238,000 0.00% -$173.61K
EGYPT GOVERNMENT INTERNATIONAL SR UNSECURED 144A 05/50 8.875 125,000 0 -125,000 0.00% -$127.02K
Gran Tierra Energy, Inc. 160,000 0 -160,000 0.00% -$112.67K
OMAN SULTANATE 6.25% 01/25/2031 144A 99,000 0 -99,000 0.00% -$106.06K
THAILAND KINGDOM OF 2.8% 06/17/2034 2,960,000 0 -2,960,000 0.00% -$103.14K
HUNGARY GOVT 36,200,000 0 -36,200,000 0.00% -$96.12K
KINGDOM OF JORDAN REGD 144A P/P 5.75000000 96,000 0 -96,000 0.00% -$94.25K
EDO Sukuk, Ltd., Sr. Unsecd. Note, Series 144A, 5.875%, 09/21/2033 86,000 0 -86,000 0.00% -$91.35K
URUGUAY REPUBLICA ORIENTAL DL 8.5% 03/15/2028 REGS 3,421,000 0 -3,421,000 0.00% -$89.52K
Presidencia de la Republica Dominicana 70,000 0 -70,000 0.00% -$70.21K
IRSA Inversiones y Representaciones SA 66,000 0 -66,000 0.00% -$65.97K
URUGUAY GOVERNMENT INTERNATION SR UNSECURED 10/35 8 2,415,000 0 -2,415,000 0.00% -$63.69K
CZECH REPUBLIC GOVERNMENT BOND CZK REG S 1.0% 06-26-26 1,300,000 0 -1,300,000 0.00% -$62.62K
Sandor-Palota 28,000,000 0 -28,000,000 0.00% -$61.53K
CHINA (PEOPLE'S) 55,000 0 -55,000 0.00% -$55.61K
TRANSPORT DE GAS DEL SUR SR UNSECURED 144A 11/35 7.75 45,000 0 -45,000 0.00% -$44.57K
REPUBLIC OF ECUADOR 6.900000% 07/31/2030 39,000 0 -39,000 0.00% -$38.59K
THAILAND KINGDOM OF 3.39% 06/17/2037 864,000 0 -864,000 0.00% -$31.95K
Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
Presidencia da Republica 3,246,000 4,866,000 1,620,000 3.83% $312.56K
PERU REPUBLIC OF 7.6% 08/12/2039 144A REGS 1,560,000 2,478,000 918,000 3.48% $229.69K
REPUBLIC OF PHILIPPINES SR UNSECURED 01/36 6.25 24,547,000 38,639,000 14,092,000 2.87% $192.10K
Sandor-Palota 110,250,000 188,100,000 77,850,000 2.64% $218.06K
Ministerio De Hacienda Y Credito Publico 1,766,000,000 2,010,000,000 244,000,000 2.52% $63.96K
Congolese International Bond 446,614 564,718 118,104 2.48% $107.31K
Urzad Rady Ministrow 869,000 1,830,000 961,000 2.22% $228.29K
VENZ 9.25 09/15/27 445,000 607,000 162,000 1.37% $142.84K
Siam Commercial Bank PCL/Cayman Islands 130,000 217,000 87,000 1.02% $85.84K
AES PANAMA GENERATION HOLDINGS SRL REG S SR SEC 1ST LIEN SF 4.375% 05-31-30 117,622 229,643 112,021 1.00% $102.00K
Star Energy Geothermal Wayang Windu Ltd. 91,800 202,088 110,288 0.96% $108.36K
Dominican Republic International Bond 89,000 200,000 111,000 0.95% $106.44K
Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
MEXICO UNITED MEXICAN STATES 7.75% 11/13/2042 17,750,000 15,480,000 -2,270,000 3.39% -$125.97K
TESORERIA PESOS 535,000,000 435,000,000 -100,000,000 2.35% -$131.22K
MALAYSIA GOVT OF 4.054% 04/18/2039 1,846,000 1,789,000 -57,000 2.12% -$19.77K
MALAYSIA GOVT 2,083,000 1,478,000 -605,000 1.72% -$150.50K
Presidencia da Republica 430,000 330,000 -100,000 1.59% -$105.85K
EXPORT-IMPORT BANK OF INDIA 5.5% 01-13-35 403,000 320,000 -83,000 1.54% -$95.99K
Czech Republic Government Bond 7,720,000 6,480,000 -1,240,000 1.47% -$79.01K
Plurinational State of Bolivia 479,000 319,349 -159,651 1.41% -$143.50K
REPUBLIC OF ECUADOR ZERO COUPON 07/31/2030 360,000 324,000 -36,000 1.28% -$35.68K
Invesco Treasury Portfolio, Institutional Class 781,555 245,982 -535,573 1.16% -$535.57K
Urzad Rady Ministrow 2,249,000 830,000 -1,419,000 0.99% -$410.33K
South Africa Government Bond 229,000 169,000 -60,000 0.82% -$73.28K
State Street Navigator Securities Lending Government Money Market Portfolio 689,799 149,573 -540,226 0.71% -$540.23K
Egypt Government International Bonds 211,000 169,000 -42,000 0.70% -$65.51K
REPUBLIC OF GHANA ZERO COUPON 01/03/2030 159,771 142,028 -17,743 0.57% -$21.54K
MALAYSIA GOVT OF 3.828% 07/05/2034 1,640,000 420,000 -1,220,000 0.50% -$309.52K
ARGENTINA 281,000 137,000 -144,000 0.43% -$103.64K
GEOPARK LTD REG S SR UNSEC 8.75% 01-31-30 191,000 70,000 -121,000 0.33% -$109.57K
Ciudad Autonoma De Buenos Aires/Government Bonds 7.80 11/26/2033 125,000 60,000 -65,000 0.29% -$66.11K
Secure International Finance Co Inc 34,588 32,118 -2,471 0.15% -$2.48K
Sri Lanka Government International Bonds 227,000 17,000 -210,000 0.06% -$160.54K
Secure International Finance Co Inc 11,529 10,706 -824 0.05% -$828
Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
ROMANIA REPUBLIC OF 6.625% 05/16/2036 REGS 422,000 422,000 0 1.98% -$20.92K
THAILAND GOVT 10,471,000 10,471,000 0 1.52% -$17.61K
TITULOS DE TESORERIA 11.000000% 08/22/2029 1,257,000,000 1,257,000,000 0 1.49% $1.01K
EXPORT-IMPORT BK INDIA REGD REG S 3.87500000 294,000 294,000 0 1.37% -$1.69K
TURKIYE REP OF 245,000 245,000 0 1.09% -$15.92K
ZAMBIA REP OF 246,764 246,764 0 1.09% -$12.06K
REPUBLIC OF GABO 200,000 200,000 0 0.89% $14.37K
REPUBLIC OF GABON 7.000000% 11/24/2031 214,000 214,000 0 0.84% $13.24K
TESORERIA PESOS 160,000,000 160,000,000 0 0.83% -$5.22K
KOREA TRSY BD 274,300,000 274,300,000 0 0.81% -$14.15K
Republic of Korea 274,200,000 274,200,000 0 0.76% -$17.56K
Zorlu Enerji Elektrik Uretim AS 162,000 162,000 0 0.67% $2.49K
3R LUX SARL REG S SR SEC 1ST LIEN 9.75% 02-05-31 137,000 137,000 0 0.66% -$342
KOREA TRSY BD 212,000,000 212,000,000 0 0.66% -$14.13K
MALAYSIA GOVT 576,000 576,000 0 0.65% -$151
Laos Government International Bonds 116,000 116,000 0 0.56% $870
GABON GOVERNMENT INTERNATIONAL BOND 144A LIFE SF 6.625% 02-06-31 131,000 131,000 0 0.52% $7.78K
PROVSF 8.1 12/11/34 144A 112,000 112,000 0 0.51% -$2.69K
Guatemala Government Bond 105,000 105,000 0 0.50% -$2.99K
Plurinational State of Bolivia 110,000 110,000 0 0.49% $864
REPUBLIC OF NIGERIA SR UNSECURED 144A 09/51 8.25 103,000 103,000 0 0.47% -$2.06K
Republic of El Salvador 85,000 85,000 0 0.42% -$4.19K
SINGAPORE REPUBLIC OF 2.75% 03/01/2035 106,000 106,000 0 0.40% -$1.47K
Medco Maple Tree Pte. Ltd. 79,000 79,000 0 0.38% -$1.22K
Republica de Angola 79,000 79,000 0 0.38% $259
The Democratic Socialist Republic of Sri Lanka 85,063 85,063 0 0.30% -$556
Republic of Costa Rica 61,000 61,000 0 0.29% -$1.94K
NWD Finance BVI Ltd 72,000 72,000 0 0.28% $20.52K
SINGAPORE REPUBLIC OF 3.375% 09/01/2033 71,000 71,000 0 0.28% -$634
Jamaica, The Government of 50,000 50,000 0 0.27% -$2.92K
Trinidad & Tobago Government International Bond 54,000 54,000 0 0.26% -$675
REPUBLIC OF KENYA SR UNSECURED 144A 10/38 8.8 43,000 43,000 0 0.19% -$4.04K
REPUBLIC OF NIGERIA SR UNSECURED 144A 01/36 8.6308 36,000 36,000 0 0.18% -$1.17K
Republic of Honduras 33,000 33,000 0 0.18% -$66
REPUB UZBEKISTAN 40,000 40,000 0 0.17% -$860
Barbados Government International Bond 35,000 35,000 0 0.17% -$1.34K
Bahamas Government International Bond 33,000 33,000 0 0.17% -$1.59K
Bahamas Government International Bond 34,000 34,000 0 0.15% -$1.10K
HTA GROUP LTD REGD 144A P/P 7.50000000 22,000 22,000 0 0.11% -$378
Digicel International Finance Ltd / Difl US LLC 22,000 22,000 0 0.11% -$440
Gabon, Government of 22,000 22,000 0 0.09% $1.38K
REPUBLIC OF BENIN 7.96% 02/13/2038 144A 8,000 8,000 0 0.04% -$447
Republic of El Salvador 82,000 82,000 0 0.01% $656

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