Market Vectors Emerging Markets Local Currency Bond ETF (the Fund) seeks to replicate as closely as possible, the price and yield performance of the J.P. Morgan GBI-EMG Core Index (the Index). The Index provides direct exposure to local currency bonds issued by emerging market governments. The Index tracks regularly traded, liquid, fixed-rate, domestic currency debt issues by emerging market governments. The Fund invests at least 80% of its total assets in securities that comprise the Index. The Fund may also utilize convertible securities and derivative instruments, such as swaps, options, warrants, futures contracts, currency forwards, structured notes and participation notes to seek performance that corresponds to the Index. Van Eck Associates Corporation acts as the adviser of the Fund.
Basic Details
Issuer Van Eck
Fund NameVanEck Vectors J.P. Morgan EM Local Currency Bond ETF
Tax ClassificationRegulated Investment Company
SymbolNYSEARCA:EMLC
Inception Date7/22/2010
Fund ManagerFrancis G. Rodilosso
Phone+1-888-6588287
Fund Focus
Asset ClassFixed Income
BenchmarkJ.P. Morgan GBI-EMG Core Index
CategorySovereign
FocusBroad Sovereign
Development LevelEmerging Markets
RegionEmerging Markets
Fund Statistics
Assets Under Management$4.33 billion
Average Daily Volume$2.11 million
Discount/Premium-0.05%
ETF Expenses
Management Fee0.27%
Other Expenses0.13%
Total Expenses0.40%
Fee Waiver-0.10%
Net Expenses0.30%
Administrator, Advisor and Custodian
AdministratorVan Eck Associates Corporation
AdvisorVan Eck Associates Corporation
CustodianThe Bank of New York Mellon Corporation
DistributorVan Eck Securities Corporation
Transfer AgentThe Bank of New York Mellon Corporation
Trustee
Lead Market MakerJane Street
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC) Frequently Asked Questions
What is VanEck Vectors J.P. Morgan EM Local Currency Bond ETF's stock symbol?
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "EMLC."
How often does VanEck Vectors J.P. Morgan EM Local Currency Bond ETF pay dividends? What is the dividend yield for VanEck Vectors J.P. Morgan EM Local Currency Bond ETF?
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF announced a monthly dividend on Monday, February 3rd. Investors of record on Tuesday, February 4th will be given a dividend of $0.1672 per share on Friday, February 7th. This represents a $2.01 annualized dividend and a yield of 6.07%. The ex-dividend date is Monday, February 3rd. This is a boost from VanEck Vectors J.P. Morgan EM Local Currency Bond ETF's previous monthly dividend of $0.16. View VanEck Vectors J.P. Morgan EM Local Currency Bond ETF's Dividend History.
Has VanEck Vectors J.P. Morgan EM Local Currency Bond ETF been receiving favorable news coverage?
News coverage about EMLC stock has trended neutral this week, according to InfoTrie Sentiment Analysis. The research group identifies negative and positive press coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF earned a coverage optimism score of 0.0 on InfoTrie's scale. They also assigned headlines about the company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for VanEck Vectors J.P. Morgan EM Local Currency Bond ETF.
What other stocks do shareholders of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF own?
Who are VanEck Vectors J.P. Morgan EM Local Currency Bond ETF's major shareholders?
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Charles Schwab Investment Advisory Inc. (7.90%), Bank of America Corp DE (6.01%), UBS Group AG (4.44%), Sei Investments Co. (4.32%), Personal Capital Advisors Corp (3.92%) and Citigroup Inc. (2.40%).
Which institutional investors are selling VanEck Vectors J.P. Morgan EM Local Currency Bond ETF stock?
EMLC stock was sold by a variety of institutional investors in the last quarter, including Citigroup Inc., Jane Street Group LLC, Goldman Sachs Group Inc., Charles Schwab Investment Advisory Inc., Raymond James & Associates, Alliancebernstein L.P., Windham Capital Management LLC and UBS Asset Management Americas Inc..
Which institutional investors are buying VanEck Vectors J.P. Morgan EM Local Currency Bond ETF stock?
EMLC stock was purchased by a variety of institutional investors in the last quarter, including Public Sector Pension Investment Board, Toronto Dominion Bank, Envestnet Asset Management Inc., W.E. Donoghue & Co. LLC, Personal Capital Advisors Corp, MD Financial Management Inc., Almanack Investment Partners LLC. and Manning & Napier Group LLC.
How do I buy shares of VanEck Vectors J.P. Morgan EM Local Currency Bond ETF?
Shares of EMLC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.
What is VanEck Vectors J.P. Morgan EM Local Currency Bond ETF's stock price today?
One share of EMLC stock can currently be purchased for approximately $33.04.
How big of a company is VanEck Vectors J.P. Morgan EM Local Currency Bond ETF?
What is VanEck Vectors J.P. Morgan EM Local Currency Bond ETF's official website?
How can I contact VanEck Vectors J.P. Morgan EM Local Currency Bond ETF?
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF's mailing address is 335 Madison Avenue 19th Floor, New York, 10017, United States. The company can be reached via phone at +1-888-6588287.
MarketBeat Community Rating for VanEck Vectors J.P. Morgan EM Local Currency Bond ETF (NYSEARCA EMLC)
MarketBeat's community ratings are surveys of what our community members think about VanEck Vectors J.P. Morgan EM Local Currency Bond ETF and other stocks. Vote "Outperform" if you believe EMLC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe EMLC will underperform the S&P 500 over the long term. You may vote once every thirty days.
