VanEck J. P. Morgan EM Local Currency Bond ETF (EMLC)

NYSEARCA: EMLC · IEX Real-Time Price · USD
25.17
+0.13 (0.54%)
Jun 5, 2023, 12:14 PM EDT - Market open
0.54%
Assets $3.20B
Expense Ratio 0.30%
PE Ratio n/a
Shares Out 128.32M
Dividend (ttm) $1.44
Dividend Yield 5.72%
Ex-Dividend Date Jun 1, 2023
Payout Ratio n/a
1-Year Return -2.46%
Volume 459,034
Open 25.03
Previous Close 25.03
Day's Range 25.03 - 25.18
52-Week Low 22.38
52-Week High 25.63
Beta 0.38
Holdings 393
Inception Date Jul 22, 2010

About EMLC

Fund Home Page

The 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 managed by VanEck.

Asset Class Fixed Income
Category Emerging-Markets Local-Currency Bond
Region Emerging-Broad
Stock Exchange NYSEARCA
Ticker Symbol EMLC
Issuer VanEck
Index Tracked J.P. Morgan Government Bond Emerging Markets Global Core Index

Dividends

Ex-Dividend Amount Pay Date
Jun 1, 2023 $0.1293 Jun 7, 2023
Apr 24, 2023 $0.1231 Apr 28, 2023
Apr 3, 2023 $0.1246 Apr 10, 2023
Mar 1, 2023 $0.1096 Mar 7, 2023
Feb 1, 2023 $0.1203 Feb 7, 2023
Dec 28, 2022 $0.1213 Dec 30, 2022
Full Dividend History

News

Surprising Source of Refuge Amid Banking Crises

It's not a sequel to the global financial crisis, but 2023 has brought a surprising number of bank collapses, including Silicon Valley Bank (SVB) and Signature Bank of New York, among others. Times li...

1 month ago - ETF Trends

Bull vs. Bear: Should Your EM Debt Allocation Include China?

Bull vs. Bear is a weekly feature where the VettaFi writers' room takes opposite sides for a debate on controversial stocks, strategies, or market ideas — with plenty of discussion of ETF ideas to pla...

3 months ago - ETF Trends

EMLC: Question and Answer

By William Sokol Director of Product Management The investment case for EM local currency bonds generally comes down to yield and diversification benefits within a portfolio, in our view. Emerging mar...

3 months ago - ETF Trends
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Emerging Market Bond ETFs Are on the Mend

As the markets rebound, fixed-income investors can consider picking up some emerging market bond-related exchange traded funds. Morgan Stanley strategists led by Simon Waever advised in a note that sh...

Other symbols: EBNDEMBPCYVWOB
10 months ago - ETF Trends

After Drubbings, Emerging Markets Bonds Are Worth a Look

Historically, one of the bond segments that fixed income investors look to avoid when the Federal Reserve raises interest rates is emerging markets debt. That advice is proving accurate this year, and...

1 year ago - ETF Trends

Still a Case for Emerging Markets Debt

With U.S. interest rates rising and domestic bond funds slumping as a result, it's easy for investors to assume that all fixed income strategies should be ignored this year. Believe it or not, there r...

1 year ago - ETF Trends

How Russia Reductions Will Affect EM Bond ETFs

In the wake of Russia's invasion of Ukraine, Western nations levied punitive economic sanctions against Russia, making the country's financial markets essentially off-limits to major investment banks,...

Other symbols: HYEM
1 year ago - ETF Trends

Global Bond Benchmarks Say “Nyet” to Russian Debt

FTSE Russell and MSCI — the index providers for some of the largest emerging markets exchange traded funds — are leveling harsh treatment of Russian stocks as that country escalates armed conflict wit...

1 year ago - ETF Trends
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Sanctions Throw ETF Custody Into New Territory

The latest sanctions on Russia's central bank are leaving custodians with tough questions.

1 year ago - ETFcom

EM Bonds Could Be Way to Deal With Fed Tightening

As the Federal Reserve closes in on the start of a new interest rate tightening regime — one that could bring as many as four hikes, perhaps more — fixed income investors are understandably pensive. A...

1 year ago - ETF Trends

EM Local Currency Bonds Ready for Redemption in 2022

Plenty of emerging markets assets languished last year. Amid dollar strength and rising interest rates in some developing economies, local currency bonds were part of that ominous trend.

1 year ago - ETF Trends

Income Investors Might Want to Consider These EM Bonds

With the Federal Reserve expected to hike interest rates multiple times this year, 2022 could be another tricky year for fixed income investors when it comes to U.S. government debt and other conserva...

1 year ago - ETF Trends

Emerging Market Debt Offers Diversification

With rates rising in the U.S., investors should consider looking abroad for bond exposure.

Other symbols: AGGEMBEMHYHYEMHYG
1 year ago - ETFcom
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Emerging Markets Improvement Could Be Excellent for EMLC

It's been another trying year for investors holding emerging markets assets, including bonds. On the upside, 2021 disappointment could give way to pleasant surprises in 2022, perhaps setting the stage...

1 year ago - ETF Trends

Time to Take Technical Look at Emerging Markets Debt ETF

Amid a slump in emerging markets currencies and central banks in many of those nations rushing to boost interest rates, the VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEArca: EMLC) is a prime ex...

1 year ago - ETF Trends

EM Rate Hikes Could Be Promising for This Bond ETF

Emerging markets central banks are beating their developed market counterparts to hiking interest rates, and while that might be a turn-off for investors considering developing markets debt, it doesn'...

1 year ago - ETF Trends

Central Bank Tightening Could Boost This Bond ETF

Here in the U.S., fixed income investors are dealing with a rough 2021 and are pondering the impact of a 2022 interest rate hike by the Federal Reserve. Some global central banks are already hiking ra...

1 year ago - ETF Trends

Will EM Central Bank Policy Benefit This VanEck ETF?

The Federal Reserve isn't the only central bank deploying various monetary policy tools to help an economy contend with the effects of the coronavirus pandemic. Various emerging market central banks a...

1 year ago - ETF Trends

Declining Treasury Yields May Lead to EM Bond Opportunities

Declining 10-year Treasury yields are viewed as positives for an array of asset classes. Emerging markets debt may be joining that list because as yields on U.S. government debt decline, the yield gap...

1 year ago - ETF Trends

Rate Hikes Could Actually Benefit This Bond ETF

Rate hikes usually force yields higher on bonds currently on the market, meaning prices move the opposite direction. However, rate increases can serve the purpose of supporting the local currency, ind...

2 years ago - ETF Trends

Assessing Benefits, Risks of Embracing EM Bonds for Income

Amid low domestic bond yields, advisors and investors are being compelled to get creative when it comes to generating fixed income. That effort can include emerging markets sovereign debt, which is ac...

2 years ago - ETF Trends

Looking for a Rebound Play? Try EM Currencies with the EMLC ETF

One international play on an economic rebound is the VanEck Vectors Emerging Markets Local Currency Bond ETF (EMLC). Investors may have been walking on eggshells around emerging markets since the pand...

2 years ago - ETF Trends

An Emerging Markets Bond ETF for the Weak Dollar World

Treasury yields are still elevated and the dollar is still weak. However, both assets recently rallied, indicating there's room to the downside.

2 years ago - ETF Trends

How Emerging Markets Debt Can Help You Fight Domestic Inflation

In modest allocations, emerging markets assets are functional in retirement portfolios and that's particularly true on the fixed income side. Enter the VanEck Vectors Emerging Markets Local Currency B...

2 years ago - ETF Trends

Big Picture – Emerging Markets Rock!

Many EMs continue to show textbook adjustment of their trade balances, which leads to positive feedback loops in the economy.

3 years ago - ETF Trends