Market Vectors LatAm Aggregate Bond ETF (NYSEArca: BONO)
30-Day SEC Yield: 5.4%
Effective Duration: 5.14 years
Comment: BONO will not be BONO for long. It is expected that the ETF’s ticker will change to EMAG next month and the fund will move to an index that provides investors exposure to dollar- and euro-denominated emerging markets corporates, dollar- and euro-denominated sovereigns as well as local currency sovereigns and corporates.