EMLC

VanEck J. P. Morgan EM Local Currency Bond ETF

$25.58

+0.00%

Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC) seeks to track the performance of the J.P. Morgan GBI-EM Global Core Index, which provides exposure to bonds denominated in the local currencies of emerging market countries.

Overview

ETF tracking VanEck J. P. Morgan EM Local Currency Bond ETF

Category Emerging Markets

Issuer VanEck

Inception Date 2010-07-23

Market Cap $3.8B

Average Volume N/A

Dividend Yield 4.92%

52-Week Range $22.98 - $25.69

VWAP $25.60

Performance

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Price Chart

Investment Summary

📎 Investment Objective

🎯 Investment Strategy

EMLC invests primarily in bonds issued by emerging market governments and government-related entities. The fund aims to replicate the performance of the underlying index by holding the same securities in similar proportions.

✨ Key Features

Provides exposure to a diversified portfolio of emerging market local currency-denominated bonds
Tracks the J.P. Morgan GBI-EM Global Core Index, a widely followed benchmark for EM local currency debt
Low expense ratio of 0.00%
Suitable for investors seeking exposure to emerging market fixed income

⚠️ Primary Risks

Emerging market risk: Investing in emerging markets can be subject to greater political, economic, and currency volatility
Interest rate risk: Bond prices may decline as interest rates rise
Currency risk: Fluctuations in exchange rates between the U.S. dollar and local currencies can affect returns
Liquidity risk: The bonds held by the fund may have lower liquidity compared to developed market bonds

👤 Best For

EMLC may be suitable for investors seeking exposure to emerging market fixed income as part of a diversified portfolio. Investors should have a medium to long-term investment horizon and be comfortable with the risks associated with investing in emerging market debt.