VanEck J. P. Morgan EM Local Currency Bond ETF (EMLC)
| Assets | $2.72B |
| Expense Ratio | 0.30% |
| PE Ratio | n/a |
| Shares Out | 114.42M |
| Dividend (ttm) | $1.51 |
| Dividend Yield | 6.35% |
| Ex-Dividend Date | Nov 1, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | -4.46% |
| Volume | 794,745 |
| Open | 23.73 |
| Previous Close | 23.83 |
| Day's Range | 23.73 - 23.77 |
| 52-Week Low | 23.58 |
| 52-Week High | 25.59 |
| Beta | 0.45 |
| Holdings | 451 |
| Inception Date | Jul 22, 2010 |
About EMLC
Fund Home PageThe VanEck J. P. Morgan EM Local Currency Bond ETF (EMLC) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund tracks an index of debt issued by emerging market governments and denominated in local currencies of the issuers. EMLC was launched on Jul 22, 2010 and is issued by VanEck.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 1, 2024 | $0.133 | Nov 6, 2024 |
| Oct 1, 2024 | $0.123 | Oct 4, 2024 |
| Sep 3, 2024 | $0.132 | Sep 6, 2024 |
| Aug 1, 2024 | $0.130 | Aug 6, 2024 |
| Jul 1, 2024 | $0.118 | Jul 5, 2024 |
| Jun 3, 2024 | $0.126 | Jun 6, 2024 |
News
EM Bonds Could Be Ideal 2025 Fixed Income Idea
Domestic bond yields shot higher Wednesday following Election Day. That could give some fixed income investors pause about riskier corners of the global bond market.
EMLC: This Bond ETF Has Been A Wealth Erosion Vehicle
EMLC, a bond ETF focused on emerging markets, has delivered negative returns over the past decade, while exposing investors to significant duration, currency, and credit risks. One of the main issues ...
Emerging Markets Stocks Tied With U.S. Equities Year To Date
Exclude China and broadly defined EM stocks are posting substantially softer results, based on a set of ETFs through Friday's close. US shares are effectively neck and next with EM so far in 2024.
Globalization Is Over. It's Time to Embrace the Winners.
As the world pulls in, emerging market bonds look like a once-in-a-generation opportunity. Here are the ETFs to buy.
EMLC: Forget Gold, Look To Foreign Currencies In 2024 - With A 6.4% Yield
In 2023, the US dollar has remained strong despite weak fundamentals compared to emerging markets and developed countries. The US Dollar appears likely to reverse in 2024 as real interest rates revers...
EMLC: Avoid As Dollar Strength Persists
VanEck J.P. Morgan EM Local Currency Bond ETF is a difficult buy due to the poor performance of emerging market bonds. The EMLC ETF provides exposure to a diversified portfolio of local currency bonds...
India Bonds Set To Join EM Bond Index
The most widely followed emerging markets' local currency benchmark will undergo its biggest reconstitution since China's inclusion in 2020, when India joins the index next year. India has the second ...
EMLC: Local Currency EM Debt ETF, Worst Fixed-Income Asset Class In Market
VanEck J.P. Morgan EM Local Currency Bond ETF invests in local currency emerging market debt. The fund compares unfavorably to its peers on most relevant metrics. Strong gains were possible when the d...
U.S. REITs Led Last Week's Broad-Based Rallies In Global Markets
Nearly all major asset classes experienced gains in the week through June 2, except for commodities, which saw a fractional decline. Vanguard Real Estate Index Fund rose 3.4% last week, marking its fi...
EMLC: More Of A Bet Against The U.S. Dollar
EMLC provides exposure to EM sovereign bonds. It pays a trailing 5.5% yield.
Peak Inflation May Hint At Peak Rates In Emerging Markets
Central banks across emerging markets have reacted to elevated inflation by significantly tightening monetary policy, in some cases, well ahead of the U.S. Federal Reserve and the European Central Ban...
EMLC: Compelling Value In EM Local Currency Bonds With A +7% Yield
EMLC invests in emerging market government bonds issued in their local currencies. Higher rates and a strong Dollar have pressured the segment this year, although we highlight attractive value with a ...
EM Sovereign Debt: Real Rates Come Into Play
Taming inflation has been a priority in developed markets this year. Positive real rates mean that local bond investors are being compensated for investing in bonds even after accounting for the effec...
Major Asset Classes: August 2022 Performance Review
US trading resumes tomorrow after a long Labor Day weekend, with the backdrop of risk-off sentiment dominating recent activity in the major asset classes. US stocks (VTI) posted a relatively middling ...
Spotting Opportunities And Risks Across The EM Investment Universe
In emerging markets valuations look attractive today after the losses across financial markets early this year. PIMCO's investment process is founded upon our macroeconomic outlook and our in-house co...
EMLC - Moving From Bearish To Neutral After A 21% Annualized Decline
Since our article, the fund is down over 7%, or more than 21% on an annualized basis.
Technical Tailwinds May Lift EMFX
Performance of emerging markets local currency bonds has been negatively impacted by the U.S. dollar's strength since mid-year, despite the higher real yields and upside growth surprises in many emerg...
Only U.S. Bonds Were Spared From Last Week's Widespread Losses
Vanguard Total US Bond Market (BND) bucked the trend and posted a fractional 0.05% weekly gain. There are signs in early trading today (Mon., Nov 29) that global markets are stabilizing after Friday's...