Key stats
About VanEck J. P. Morgan EM Local Currency Bond ET
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Inception date
Jul 22, 2010
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Van Eck Associates Corp.
Distributor
Van Eck Securities Corp.
EMLC holds sovereign debt issued by emerging market governments. EMLC's holdings are denominated in the local currencies of issuance, giving investors pure exposure to the markets it covers at the cost of added FX volatility. The bulk of EMLC is in debt expiring in 10 years or less, so investors needing longer-dated issues should look elsewhere. EMLC aims to cover the emerging markets space in a balanced manner. No country holds more than about a tenth of the overall portfolio weight. Take note: Similar to other funds in the emerging markets space, much of the portfolio doesn't trade during US hours. Effective February 28, 2020, the methodology for the underlying index was modified to include China exposure and to take a tiered approach to weighting. Minimum country exposure is limited to between 1% and 3% and then market value-weighted within the country.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government98.64%
Corporate0.73%
Agency0.37%
Cash0.27%
Miscellaneous−0.01%
Stock breakdown by region
Asia40.97%
Europe24.41%
Latin America19.28%
North America9.70%
Africa5.63%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EMLC invests in bonds. The fund's major sectors are Government, with 98.64% stocks, and Corporate, with 0.73% of the basket. The assets are mostly located in the Asia region.
EMLC last dividends amounted to 0.12 USD. The month before, the issuer paid 0.13 USD in dividends, which shows a 4.09% decrease.
EMLC assets under management is 3.10 B USD. It's risen 10.38% over the last month.
EMLC fund flows account for 257.99 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, EMLC pays dividends to its holders with the dividend yield of 6.08%. The last dividend (Jun 5, 2025) amounted to 0.12 USD. The dividends are paid monthly.
EMLC shares are issued by Van Eck Associates Corp. under the brand VanEck. The ETF was launched on Jul 22, 2010, and its management style is Passive.
EMLC expense ratio is 0.30% meaning you'd have to pay 0.30% of your investment to help manage the fund.
EMLC follows the J.P. Morgan Government Bond Index Emerging Markets Global Core Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EMLC invests in bonds.
EMLC price has risen by 1.52% over the last month, and its yearly performance shows a 3.17% increase. See more dynamics on EMLC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.91% over the last month, showed a 4.59% increase in three-month performance and has increased by 9.58% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.91% over the last month, showed a 4.59% increase in three-month performance and has increased by 9.58% in a year.
EMLC trades at a premium (0.26%) meaning the ETF is trading at a higher price than the calculated NAV.