CBON ETF — VanEck China Bond ETF

VanEck China Bond ETF (CBON)

Updated October 16, 2026.

CBON is an ETF. its distribution rate is 1.20%, its trailing-12-month yield is 1.43%, its expense ratio is 0.50%. Dividend Vision Distribution Safety Score™ is 62/100 (Generally safe). Total return is 33.3% over the past 11.9 years, 322.9 points behind SPY at 356.2%.

VanEck China Bond ETF is an ETF that tracks an index of fixed-rate, Renminbi-denominated bonds issued by Chinese government, quasi-governmental, and credit entities with maturities between zero and ten years. The fund distributes monthly income at a modest current distribution rate and carries an expense ratio of 0.50%. This fund appeals to income investors seeking exposure to Chinese fixed income markets.

CBON performance versus SPY

Price and return data through 2026-10-16.

Total return is 33.3% over the past 11.9 years, 322.9 points behind SPY at 356.2%. Over the past year its total return — price change plus distributions reinvested — is 9.5%. Its deepest 1-year drawdown was 1.3%.

CBON key facts

Distribution Safety Score™

62 · Generally safe

Safety-Adjusted Yield

0.74%

Issuer

VanEck

Asset type

ETF

Asset class

Fixed Income

Inception date

11/10/2014

Expense ratio

0.50%

Distribution rate

1.20%

Distribution frequency

Monthly

Trailing yield

1.43%

Last close

$24.09 (as of 2026-10-16)

AUM

$28,893,059

Average volume

60620.0

Dividend

$0.024

Ex-dividend date

10/01/2026

Payment date

10/06/2026

Beta

0.26

How Dividend Vision calculates yield and returns

Distribution rate (1.20%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (1.43%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: VanEck; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

CBON risks and drawbacks

CBON's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 1.3%.

Who may consider CBON — and who may not

It is a weaker fit for investors hunting double-digit covered-call yields; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on CBON

• All tickers starting with C

Tagged: Fixed Income.

Frequently asked questions

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