# EDGAR Filing Document

**Accession Number:** 0000811976
**File Stem:** 0001752724-25-196009
**Filing Date:** 2025-8
**Character Count:** 48377
**Document Hash:** 5ea9abcd512e9f5ef54498bc5bc124e8
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-196009.hdr.sgml**: 20250821

**ACCESSION NUMBER**: 0001752724-25-196009

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250821

**DATE AS OF CHANGE**: 20250821

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VanEck VIP Trust
- **CENTRAL INDEX KEY:** 0000811976

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05083
- **FILM NUMBER:** 251239193

**BUSINESS ADDRESS:**
- **STREET 1:** 666 THIRD AVENUE, 9TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 212-293-2000

**MAIL ADDRESS:**
- **STREET 1:** 666 THIRD AVENUE, 9TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VAN ECK VIP TRUST
- **DATE OF NAME CHANGE:** 20100503

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VAN ECK WORLDWIDE INSURANCE TRUST
- **DATE OF NAME CHANGE:** 19950328

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VAN ECK INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### VanEck VIP Emerging Markets Bond Fund (Series ID: S000009220)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000025035 | Initial Class |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** VanEck VIP Trust

- **b. Investment Company Act file number:** 811-05083

- **c. CIK number of Registrant:** 0000811976

- **d. LEI of Registrant:** 549300B6PVLDT5B57N02

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 666 THIRD AVENUE, 9TH FLOOR

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 212-293-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** VanEck VIP Emerging Markets Bond Fund

- **b. EDGAR series identifier (if any):** S000009220

- **c. LEI of Series:** 549300GUMMWRY4ZP1766

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $19004166.46

**Total Liabilities:** $587865.44

**Net Assets:** $18416301.02

**Cash Not Reported:** $40165.58

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** -1.76000000 | **1-Year:** -67.20000000 | **5-Year:** -633.48000000 | **10-Year:** -363.69000000 | **30-Year:** -96.49000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** -12.10000000 | **1-Year:** -318.51000000 | **5-Year:** -987.11000000 | **10-Year:** -600.66000000 | **30-Year:** -31.42000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000025035 | 1.20%                | 1.71%                | 3.76%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-257392.38              | $342933.38                                 |
| Month 2  | $-38849.74               | $243194.78                                 |
| Month 3  | $-106016.22              | $630410.77                                 |

### Schedule of Portfolio Investments

| Name                                      | Title                                                                       | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |    Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| INDONESIA GOVERNMENT                      | Indonesia Treasury Bond                                                     | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 9225000000 | PA      | $572967.11    | 3.11%             | 2030-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ZAMBIA GOVERNMENT BOND                    | Zambia Government Bond                                                      | CUSIP: 000000000<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |    2735000 | PA      | $89328.95     | 0.49%             | 2036-05-31      | Fixed         | 14.00%                | No            |                  2 | On Loan: No      |
| CORPORACION GEO SA DE CV                  | Corp GEO SAB de CV                                                          | CUSIP: 000000000<br>LEI: 54930004KSSRAZ2P6765 | Long             | DBT              | CORP              | MX        |     120000 | PA      | $795.60       | 0.00%             | 2020-06-30      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ghana Government International Bonds      | Ghana Government International Bonds                                        | CUSIP: 000000000<br>LEI: 213800PP4399SNNXZ126 | Long             | DBT              | NUSS              | GH        |     177514 | PA      | $149159.97    | 0.81%             | 2030-01-03      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                  | Thailand Government Bond                                                    | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |     864000 | PA      | $31544.21     | 0.17%             | 2037-06-17      | Fixed         | 3.39%                 | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                     | China Government Bond                                                       | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    4500000 | PA      | $632189.42    | 3.43%             | 2027-02-21      | Fixed         | 1.75%                 | No            |                  2 | On Loan: No      |
| MEDCO MAPLE TREE PTE LTD                  | Medco Maple Tree Pte Ltd                                                    | CUSIP: 000000000<br>LEI: 254900T5AQZNR0THA508 | Long             | DBT              | CORP              | SG        |      79000 | PA      | $82478.05     | 0.45%             | 2029-04-27      | Fixed         | 8.96%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                       | Korea Treasury Bond                                                         | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |  274300000 | PA      | $203743.79    | 1.11%             | 2030-03-10      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| KYRGYZ REP INTL BOND                      | Kyrgyz Republic International Bond                                          | CUSIP: 50158LAA6<br>LEI: N/A                  | Long             | DBT              | NUSS              | KG        |      45000 | PA      | $44392.55     | 0.24%             | 2030-06-03      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| INDONESIA GOVERNMENT                      | Indonesia Treasury Bond                                                     | CUSIP: 000000000<br>LEI: 529900FWX0GRR7WG5W79 | Long             | DBT              | NUSS              | ID        | 1886000000 | PA      | $119541.15    | 0.65%             | 2030-09-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| BONOS DE TESORERIA                        | Peru Government Bond                                                        | CUSIP: 000000000<br>LEI: 254900STKLK2DBJJZ530 | Long             | DBT              | NUSS              | PE        |     371000 | PA      | $111457.02    | 0.61%             | 2039-08-12      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                  | Brazil Notas do Tesouro Nacional Serie F                                    | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    2615000 | PA      | $397279.16    | 2.16%             | 2035-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| TRIDENT ENERGY FINANCE                    | Trident Energy Finance PLC                                                  | CUSIP: 89616MAB6<br>LEI: 9845004ECK3FYO64I382 | Long             | DBT              | CORP              | GB        |      91000 | PA      | $91371.95     | 0.50%             | 2029-11-30      | Fixed         | 12.50%                | No            |                  2 | On Loan: —       |
| ECOPETROL SA                              | Ecopetrol SA                                                                | CUSIP: 279158AS8<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     146000 | PA      | $150716.55    | 0.82%             | 2033-01-13      | Fixed         | 8.88%                 | No            |                  2 | On Loan: No      |
| Republic of Cameroon                      | Republic of Cameroon International Bond                                     | CUSIP: 000000000<br>LEI: 54930021BO6NHYGBBV24 | Long             | DBT              | NUSS              | CM        |      37333 | PA      | $37189.67     | 0.20%             | 2025-11-19      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| TRINIDAD & TOBAGO                         | Trinidad & Tobago Government International Bond                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | TT        |      54000 | PA      | $54144.72     | 0.29%             | 2031-01-14      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| HUNGARY GOVERNMENT BOND                   | Hungary Government Bond                                                     | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |   76580000 | PA      | $235029.41    | 1.28%             | 2026-10-21      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                   | Mexican Bonos                                                               | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    3630000 | PA      | $160450.21    | 0.87%             | 2042-11-13      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| SECURE INTERNATIONAL FIN                  | Secure International Finance Co Inc                                         | CUSIP: 81373LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | GY        |      39529 | PA      | $39727.06     | 0.22%             | 2029-06-03      | Fixed         | 10.00%                | No            |                  3 | On Loan: No      |
| State Street Global Advisors              | State Street Navigator Securities Lending Government Money Market Portfolio | CUSIP: 857509301<br>LEI: 5493008BJIBKQ5KTIF74 | Long             | STIV             | RF                | US        |     504248 | NS      | $504248.00    | 2.74%             |  |  |  | No            |                  1 | On Loan: No      |
| GEOPARK LTD                               | Geopark Ltd                                                                 | CUSIP: 000000000<br>LEI: 529900ZR5QI19AH4KZ07 | Long             | DBT              | CORP              | BM        |     159000 | PA      | $140044.02    | 0.76%             | 2030-01-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| TURKIYE GOVERNMENT BOND                   | Turkiye Government Bond                                                     | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    4338000 | PA      | $102972.44    | 0.56%             | 2028-11-08      | Fixed         | 31.08%                | No            |                  2 | On Loan: No      |
| EDO SUKUK LTD                             | EDO Sukuk Ltd                                                               | CUSIP: 28135J2A4<br>LEI: 5493000LZIE4T625R469 | Long             | DBT              | CORP              | KY        |      86000 | PA      | $88258.27     | 0.48%             | 2033-09-21      | Fixed         | 5.88%                 | No            |                  2 | On Loan: —       |
| REPUBLIC OF ECUADOR                       | Ecuador Government International Bond                                       | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     274000 | PA      | $198800.70    | 1.08%             | 2030-07-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ZAMBIA GOVERNMENT BOND                    | Zambia Government Bond                                                      | CUSIP: 000000000<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |    1120000 | PA      | $38799.28     | 0.21%             | 2031-12-27      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| HUNGARY GOVERNMENT BOND                   | Hungary Government Bond                                                     | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |   56630000 | PA      | $148215.03    | 0.80%             | 2032-11-24      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH OF BAHAMAS                   | Bahamas Government International Bond                                       | CUSIP: 056732AP5<br>LEI: 549300W13SXC7EKNJC20 | Long             | DBT              | NUSS              | BS        |      33000 | PA      | $33561.00     | 0.18%             | 2036-06-24      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| UGANDA GOVERNMENT BOND                    | Republic of Uganda Government Bonds                                         | CUSIP: 000000000<br>LEI: 549300NF1DEFHG8XLQ11 | Long             | DBT              | NUSS              | UG        |  330000000 | PA      | $83599.98     | 0.45%             | 2033-02-03      | Fixed         | 14.38%                | No            |                  2 | On Loan: No      |
| POLAND GOVERNMENT BOND                    | Republic of Poland Government Bond                                          | CUSIP: 000000000<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |    2296000 | PA      | $664370.24    | 3.61%             | 2033-10-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                   | Mexican Bonos                                                               | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    6360000 | PA      | $281577.58    | 1.53%             | 2047-11-07      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Czech Republic                            | Czech Republic Government Bond                                              | CUSIP: 000000000<br>LEI: 3157007EFDLQABN47912 | Long             | DBT              | NUSS              | CZ        |    1300000 | PA      | $60535.46     | 0.33%             | 2026-06-26      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| SAUDI INTERNATIONAL BOND                  | Saudi Government International Bond                                         | CUSIP: 000000000<br>LEI: 635400FMICXSM3SI3H65 | Long             | DBT              | NUSS              | SA        |     438000 | PA      | $514823.83    | 2.80%             | 2032-03-05      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                     | Sri Lanka Government International Bond                                     | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |      85063 | PA      | $58571.98     | 0.32%             | 2035-06-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GABON                         | Gabon Government International Bond                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | GA        |     200000 | PA      | $183223.78    | 0.99%             | 2029-02-18      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                  | Thailand Government Bond                                                    | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |    6907000 | PA      | $212562.83    | 1.15%             | 2035-12-17      | Fixed         | 1.59%                 | No            |                  2 | On Loan: No      |
| Sri Lanka Government International Bonds  | Sri Lanka Government International Bonds                                    | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |     182000 | PA      | $125320.06    | 0.68%             | 2035-06-15      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| BONOS TESORERIA PESOS                     | Bonos de la Tesoreria de la Republica en pesos                              | CUSIP: 000000000<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |  160000000 | PA      | $173778.08    | 0.94%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Costa Rica Government International Bonds | Costa Rica Government International Bonds                                   | CUSIP: 000000000<br>LEI: 549300S1EK2VN6XVJP58 | Long             | DBT              | NUSS              | CR        |      61000 | PA      | $62859.89     | 0.34%             | 2031-02-19      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                  | Thailand Government Bond                                                    | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |   10471000 | PA      | $327845.89    | 1.78%             | 2028-04-17      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Ecuador Government International Bonds    | Ecuador Government International Bonds                                      | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |     275000 | PA      | $200265.96    | 1.09%             | 2035-07-31      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| GRAN TIERRA ENERGY INC                    | Gran Tierra Energy Inc                                                      | CUSIP: 000000000<br>LEI: 549300IH2S17MAIUCM32 | Long             | DBT              | CORP              | US        |     160000 | PA      | $121890.35    | 0.66%             | 2029-10-15      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Czech Republic                            | Czech Republic Government Bond                                              | CUSIP: 000000000<br>LEI: 3157007EFDLQABN47912 | Long             | DBT              | NUSS              | CZ        |    2070000 | PA      | $98401.58     | 0.53%             | 2025-09-17      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Ecuador Government International Bonds    | Ecuador Government International Bonds                                      | CUSIP: 000000000<br>LEI: 5299003Y2U5XK0A35H71 | Long             | DBT              | NUSS              | EC        |      96000 | PA      | $60667.14     | 0.33%             | 2040-07-31      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Republic of Congo                         | Congolese International Bond                                                | CUSIP: 000000000<br>LEI: 529900BXT90HR4QTB688 | Long             | SN               | NUSS              | CG        |     293664 | PA      | $251695.67    | 1.37%             | 2029-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Bolivia Government International Bonds    | Bolivia Government International Bonds                                      | CUSIP: 000000000<br>LEI: 529900TGIRPY3SZXEB56 | Long             | DBT              | NUSS              | BO        |      15000 | PA      | $10575.00     | 0.06%             | 2028-03-20      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PHILIPPINES                   | Philippine Government International Bond                                    | CUSIP: 718286BM8<br>LEI: 529900RAHBALMYIJ3T08 | Long             | DBT              | NUSS              | PH        |   24547000 | PA      | $426678.60    | 2.32%             | 2036-01-14      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Republic of Angola                        | Angolan Government International Bond                                       | CUSIP: 035198AB6<br>LEI: 549300QHR2R3J8JSGK83 | Long             | DBT              | NUSS              | AO        |      79000 | PA      | $74577.85     | 0.40%             | 2028-05-09      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| BARBADOS GOVT OF                          | Barbados Government International Bond                                      | CUSIP: 067070AK8<br>LEI: 529900UD1KUUS4SFD905 | Long             | DBT              | NUSS              | BB        |      35000 | PA      | $35185.52     | 0.19%             | 2035-06-26      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| ZAMBIA GOVERNMENT BOND                    | Zambia Government Bond                                                      | CUSIP: 000000000<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |     315000 | PA      | $11065.99     | 0.06%             | 2031-09-20      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| OMAN GOV INTERNTL BOND                    | Oman Government International Bond                                          | CUSIP: 68205LAS2<br>LEI: 549300SZ20F0QTKNQC75 | Long             | DBT              | NUSS              | OM        |      99000 | PA      | $105274.31    | 0.57%             | 2031-01-25      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GABON                         | Gabon Government International Bond                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | GA        |     214000 | PA      | $170621.61    | 0.93%             | 2031-11-24      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CZECH REPUBLIC                            | Czech Republic Government Bond                                              | CUSIP: 000000000<br>LEI: 3157007EFDLQABN47912 | Long             | DBT              | NUSS              | CZ        |    1830000 | PA      | $91993.92     | 0.50%             | 2034-04-14      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| Singapore Government Bonds                | Singapore Government Bonds                                                  | CUSIP: 000000000<br>LEI: 549300ZSV6VOGFH1ER70 | Long             | DBT              | NUSS              | SG        |     106000 | PA      | $87153.43     | 0.47%             | 2035-03-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| ROMANIA                                   | Romanian Government International Bond                                      | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     296000 | PA      | $350906.10    | 1.91%             | 2032-07-11      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| HUNGARY GOVERNMENT BOND                   | Hungary Government Bond                                                     | CUSIP: 000000000<br>LEI: 5299003F3UFKGCCMAP43 | Long             | DBT              | NUSS              | HU        |   36200000 | PA      | $91282.92     | 0.50%             | 2030-08-21      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Czech Republic                            | Czech Republic Government Bond                                              | CUSIP: 000000000<br>LEI: 3157007EFDLQABN47912 | Long             | DBT              | NUSS              | CZ        |    7860000 | PA      | $320490.56    | 1.74%             | 2033-10-13      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                  | Republic of South Africa Government Bond                                    | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |   10562000 | PA      | $485358.81    | 2.64%             | 2044-01-31      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                       | Malaysia Government Bond                                                    | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |    1851000 | PA      | $422607.36    | 2.29%             | 2031-04-15      | Fixed         | 2.63%                 | No            |                  2 | On Loan: No      |
| SIAM COMMERCIAL BANK CAY                  | Siam Commercial Bank PCL/Cayman Islands                                     | CUSIP: 000000000<br>LEI: 54930068OELHUBHH1U03 | Long             | DBT              | CORP              | TH        |     130000 | PA      | $129080.70    | 0.70%             | 2029-02-11      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| POLAND GOVERNMENT BOND                    | Republic of Poland Government Bond                                          | CUSIP: 000000000<br>LEI: 259400R9L8QEP0TPXS31 | Long             | DBT              | NUSS              | PL        |     707000 | PA      | $190286.89    | 1.03%             | 2034-10-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF PARAGUAY                      | Paraguay Government International Bond                                      | CUSIP: 000000000<br>LEI: 529900UXKJTJPCU0HK83 | Long             | DBT              | NUSS              | PY        |  669000000 | PA      | $80994.58     | 0.44%             | 2031-02-09      | Fixed         | 7.90%                 | No            |                  2 | On Loan: No      |
| KINGDOM OF MOROCCO                        | Morocco Government International Bond                                       | CUSIP: 000000000<br>LEI: 529900F3MBW9XY5K1X07 | Long             | DBT              | NUSS              | MA        |      53000 | PA      | $57316.04     | 0.31%             | 2030-09-30      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| NOTA DO TESOURO NACIONAL                  | Brazil Notas do Tesouro Nacional Serie F                                    | CUSIP: 000000000<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |    2278000 | PA      | $368126.36    | 2.00%             | 2031-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| HONDURAS GOVERNMENT                       | Honduras Government International Bond                                      | CUSIP: 000000000<br>LEI: 5493002DW1JNBNG17615 | Long             | DBT              | NUSS              | HN        |      22000 | PA      | $22041.25     | 0.12%             | 2027-01-19      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SEPLAT ENERGY PLC                         | SEPLAT Energy PLC                                                           | CUSIP: 81733MAA3<br>LEI: 029200711C4S4CB2E982 | Long             | DBT              | CORP              | NG        |     161000 | PA      | $160184.29    | 0.87%             | 2030-03-21      | Fixed         | 9.13%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF EL SALVADOR                   | El Salvador Government International Bond                                   | CUSIP: 283875CD2<br>LEI: 529900AKDMUSFSDOM949 | Long             | DBT              | NUSS              | SV        |      82000 | PA      | $1886.00      | 0.01%             | 2030-04-17      | Fixed         | 0.25%                 | No            |                  2 | On Loan: No      |
| Singapore Government Bonds                | Singapore Government Bonds                                                  | CUSIP: 000000000<br>LEI: 549300ZSV6VOGFH1ER70 | Long             | DBT              | NUSS              | SG        |      71000 | PA      | $60697.03     | 0.33%             | 2033-09-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Brazil Government International Bonds     | Brazil Government International Bonds                                       | CUSIP: 105756CE8<br>LEI: 254900ZFY40OYEADAP90 | Long             | DBT              | NUSS              | BR        |     290000 | PA      | $262084.46    | 1.42%             | 2031-09-12      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| UGANDA GOVERNMENT BOND                    | Republic of Uganda Government Bonds                                         | CUSIP: 000000000<br>LEI: 549300NF1DEFHG8XLQ11 | Long             | DBT              | NUSS              | UG        |  912000000 | PA      | $226731.73    | 1.23%             | 2034-06-22      | Fixed         | 14.25%                | No            |                  2 | On Loan: No      |
| Romania Government International Bonds    | Romania Government International Bonds                                      | CUSIP: 000000000<br>LEI: 315700IASY927EDWBK92 | Long             | DBT              | NUSS              | RO        |     172000 | PA      | $174213.94    | 0.95%             | 2053-01-17      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| AES PANAMA GENERATION HL                  | AES Panama Generation Holdings SRL                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | PA        |     118546 | PA      | $108622.16    | 0.59%             | 2030-05-31      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                               | Ivory Coast Government International Bond                                   | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |      16216 | PA      | $15492.99     | 0.08%             | 2032-12-31      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| BONOS TESORERIA PESOS                     | Bonos de la Tesoreria de la Republica en pesos                              | CUSIP: 000000000<br>LEI: 549300FLZTJM5YJF8D34 | Long             | DBT              | NUSS              | CL        |  240000000 | PA      | $268093.94    | 1.46%             | 2033-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NWD FINANCE (BVI) LTD                     | NWD Finance BVI Ltd                                                         | CUSIP: 000000000<br>LEI: 25490076V8K09HMNCT88 | Long             | DBT              | CORP              | VG        |     236000 | PA      | $90684.40     | 0.49%             | 2025-07-30      | Variable      | 10.13%                | No            |                  2 | On Loan: —       |
| MALAYSIA GOVERNMENT                       | Malaysia Government Bond                                                    | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |    1640000 | PA      | $398923.38    | 2.17%             | 2034-07-05      | Fixed         | 3.83%                 | No            |                  2 | On Loan: No      |
| NWD FINANCE (BVI) LTD                     | NWD Finance BVI Ltd                                                         | CUSIP: 000000000<br>LEI: 25490076V8K09HMNCT88 | Long             | DBT              | CORP              | VG        |     334000 | PA      | $95445.92     | 0.52%             | 2026-03-22      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| 3R LUX SARL                               | 3R Lux SARL                                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |     137000 | PA      | $138647.48    | 0.75%             | 2031-02-05      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF GABON                         | Gabon Government International Bond                                         | CUSIP: 362420AE1<br>LEI: N/A                  | Long             | DBT              | NUSS              | GA        |      22000 | PA      | $17545.07     | 0.10%             | 2031-11-24      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Petroleos del Peru SA                     | Petroleos del Peru SA                                                       | CUSIP: 000000000<br>LEI: 549300ZMGDLC9JT2OR80 | Long             | DBT              | CORP              | PE        |     219000 | PA      | $170033.67    | 0.92%             | 2032-06-19      | Fixed         | 4.75%                 | No            |                  2 | On Loan: —       |
| BOLIVIA GOVERNMENT                        | Bolivian Government International Bond                                      | CUSIP: 000000000<br>LEI: 529900TGIRPY3SZXEB56 | Long             | DBT              | NUSS              | BO        |      19000 | PA      | $13228.75     | 0.07%             | 2030-03-02      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ZAMBIA GOVERNMENT BOND                    | Zambia Government Bond                                                      | CUSIP: 000000000<br>LEI: 213800DMLAZ6LGMMD849 | Long             | DBT              | NUSS              | ZM        |    7217000 | PA      | $261773.54    | 1.42%             | 2031-01-25      | Fixed         | 13.00%                | No            |                  2 | On Loan: No      |
| CHINA GOVERNMENT BOND                     | China Government Bond                                                       | CUSIP: 000000000<br>LEI: 300300CHN201808MOF68 | Long             | DBT              | NUSS              | CN        |    1000000 | PA      | $141728.24    | 0.77%             | 2027-03-15      | Fixed         | 2.28%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                  | Uruguay Government International Bond                                       | CUSIP: 760942BF8<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    6042000 | PA      | $159829.98    | 0.87%             | 2033-07-20      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| UAE International Government Bonds        | UAE International Government Bonds                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | NUSS              | AE        |     280000 | PA      | $246818.91    | 1.34%             | 2031-10-19      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| FORTUNE STAR BVI LTD                      | Fortune Star BVI Ltd                                                        | CUSIP: 000000000<br>LEI: 2549008CU8NYQQRSNU62 | Long             | DBT              | CORP              | VG        |      95000 | PA      | $91557.85     | 0.50%             | 2027-01-27      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| MEX BONOS DESARR FIX RT                   | Mexican Bonos                                                               | CUSIP: 000000000<br>LEI: 254900EGTWEU67VP6075 | Long             | DBT              | NUSS              | MX        |    2800000 | PA      | $122821.69    | 0.67%             | 2053-07-31      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF ARGENTINA                     | Argentine Republic Government International Bond                            | CUSIP: 000000000<br>LEI: 549300KPBYGYF7HCHO27 | Long             | DBT              | NUSS              | AR        |     176000 | PA      | $163295.06    | 0.89%             | 2030-07-09      | Fixed         | 0.13%                 | No            |                  2 | On Loan: No      |
| Invesco Treasury Portfolio                | Invesco Treasury Portfolio                                                  | CUSIP: 825252406<br>LEI: 5493004B3TM8ZIDDDC39 | Long             | EC               | RF                | US        |    1023844 | NS      | $1023844.00   | 5.56%             |  |  |  | No            |                  1 | On Loan: No      |
| REPUBLIC OF UZBEKISTAN                    | Republic of Uzbekistan International Bond                                   | CUSIP: 000000000<br>LEI: 213800L6VDKUM3TCM927 | Long             | DBT              | NUSS              | UZ        |      40000 | PA      | $35352.60     | 0.19%             | 2031-10-19      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| IVORY COAST                               | Ivory Coast Government International Bond                                   | CUSIP: 000000000<br>LEI: 254900ICW11T82O6H590 | Long             | DBT              | NUSS              | CI        |     171000 | PA      | $171703.60    | 0.93%             | 2040-10-17      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| REPUBLIC OF SRI LANKA                     | Sri Lanka Government International Bond                                     | CUSIP: 000000000<br>LEI: 254900IG6Y30I2QE2R92 | Long             | DBT              | NUSS              | LK        |      64225 | PA      | $57401.09     | 0.31%             | 2030-01-15      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| ECOPETROL SA                              | Ecopetrol SA                                                                | CUSIP: 279158AV1<br>LEI: 254900IDGKCJICKBPA66 | Long             | DBT              | CORP              | CO        |     139000 | PA      | $134206.10    | 0.73%             | 2036-01-19      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| DOMINICAN REPUBLIC                        | Dominican Republic International Bond                                       | CUSIP: 000000000<br>LEI: 254900EHU7Q8FGVPI369 | Long             | DBT              | NUSS              | DO        |      89000 | PA      | $89752.05     | 0.49%             | 2036-06-01      | Fixed         | 6.60%                 | No            |                  2 | On Loan: No      |
| KOREA TREASURY BOND                       | Korea Treasury Bond                                                         | CUSIP: 000000000<br>LEI: 549300O0QCVSQGPGDT58 | Long             | DBT              | NUSS              | KR        |  212000000 | PA      | $172643.13    | 0.94%             | 2033-12-10      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Republic of South Africa                  | Republic of South Africa Government Bond                                    | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    3527000 | PA      | $160111.85    | 0.87%             | 2048-02-28      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| HTA GROUP LTD                             | HTA Group Ltd/Mauritius                                                     | CUSIP: 40435WAC4<br>LEI: 213800WEFU8O8X6EPU13 | Long             | DBT              | CORP              | MU        |      22000 | PA      | $22595.10     | 0.12%             | 2029-06-04      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| THAILAND GOVERNMENT BOND                  | Thailand Government Bond                                                    | CUSIP: 000000000<br>LEI: 254900PHJ6MSKT6C7026 | Long             | DBT              | NUSS              | TH        |   11542000 | PA      | $405443.23    | 2.20%             | 2045-06-17      | Fixed         | 2.98%                 | No            |                  2 | On Loan: No      |
| MALAYSIA GOVERNMENT                       | Malaysia Government Bond                                                    | CUSIP: 000000000<br>LEI: 254900GSIL471JOBYY43 | Long             | DBT              | NUSS              | MY        |    1563000 | PA      | $373590.84    | 2.03%             | 2030-05-15      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| STAR ENERGY GEOTHERMAL                    | Star Energy Geothermal Wayang Windu Ltd                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | DBT              | CORP              | VG        |      98568 | PA      | $100466.72    | 0.55%             | 2033-04-24      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| BENIN INTL GOV BOND                       | Benin Government International Bond                                         | CUSIP: 08205QAA6<br>LEI: 635400Q11P6AE5A5Y230 | Long             | DBT              | NUSS              | BJ        |       8000 | PA      | $7596.82      | 0.04%             | 2038-02-13      | Fixed         | 7.96%                 | No            |                  2 | On Loan: No      |
| REPUBLICA ORIENT URUGUAY                  | Uruguay Government International Bond                                       | CUSIP: 000000000<br>LEI: 549300RDR012H2V82H43 | Long             | DBT              | NUSS              | UY        |    3421000 | PA      | $85390.37     | 0.46%             | 2028-03-15      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| FRIGORIFICO CONCEPCION                    | Frigorifico Concepcion SA                                                   | CUSIP: 000000000<br>LEI: 529900Q6VZVL47QJCQ91 | Long             | DBT              | CORP              | PY        |     186000 | PA      | $144675.94    | 0.79%             | 2028-07-21      | Fixed         | 7.70%                 | No            |                  2 | On Loan: —       |
| Government of Jamaica                     | Jamaica Government International Bond                                       | CUSIP: 470160BQ4<br>LEI: 529900Y93KNSXZI8KK56 | Long             | DBT              | NUSS              | JM        |      21333 | PA      | $21360.00     | 0.12%             | 2025-07-09      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| AMBIPAR LUX SARL                          | Ambipar Lux Sarl                                                            | CUSIP: 02319WAB7<br>LEI: 9845008C0E14F9BDEK55 | Long             | DBT              | CORP              | LU        |      76000 | PA      | $72015.05     | 0.39%             | 2033-02-05      | Fixed         | 10.88%                | No            |                  2 | On Loan: —       |
| Republic of South Africa                  | Republic of South Africa Government Bond                                    | CUSIP: 000000000<br>LEI: 378900AAFB4F17004C49 | Long             | DBT              | NUSS              | ZA        |    9214000 | PA      | $450662.99    | 2.45%             | 2040-01-31      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| TURKIYE GOVERNMENT BOND                   | Turkiye Government Bond                                                     | CUSIP: 000000000<br>LEI: 5493000PCHOG3B6S3Q85 | Long             | DBT              | NUSS              | TR        |    6484000 | PA      | $154830.48    | 0.84%             | 2027-02-10      | Fixed         | 32.60%                | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-24

**Name of Applicant:** VanEck VIP Trust

**Signature:** James Parker

**Name of Signer:** James Parker

**Title:** Assistant Treasurer