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
BenchmarkJPM GBI-EM Global Core TR USD
CategorySovereign
FocusBroad Sovereign
Development LevelEmerging Markets
RegionEmerging Markets
Fund Statistics
Assets Under Management$9.78 billion
Average Daily Volume$2.64 million
Discount/Premium-0.94%
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, December 3rd. Stockholders of record on Tuesday, December 4th will be paid a dividend of $0.1761 per share on Friday, December 7th. This represents a $2.11 annualized dividend and a dividend yield of 6.45%. The ex-dividend date of this dividend is Monday, December 3rd. This is an increase from VanEck Vectors J.P. Morgan EM Local Currency Bond ETF's previous monthly dividend of $0.08. 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?
Media headlines about EMLC stock have been trending very positive on Thursday, InfoTrie reports. The research group identifies positive and negative media coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF earned a media sentiment score of 3.6 on InfoTrie's scale. They also assigned news headlines about the company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near future.
Are investors shorting VanEck Vectors J.P. Morgan EM Local Currency Bond ETF?
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF saw a increase in short interest in November. As of November 30th, there was short interest totalling 2,366,840 shares, an increase of 118.3% from the November 15th total of 1,084,350 shares. Based on an average daily trading volume, of 2,342,318 shares, the days-to-cover ratio is presently 1.0 days. View VanEck Vectors J.P. Morgan EM Local Currency Bond ETF's Current Options Chain.
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 number of of retail and institutional investors. Top institutional investors include Sei Investments Co. (12.22%), Hsbc Holdings PLC (4.80%), Personal Capital Advisors Corp (2.25%), Valmark Advisers Inc. (4.22%), Morningstar Investment Services LLC (3.28%) and Mirae Asset Global Investments Co. Ltd. (3.08%).
Which major 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 BlackRock Inc., Mirae Asset Global Investments Co. Ltd., Almanack Investment Partners LLC., IFP Advisors Inc, Legacy Private Trust Co., TIAA FSB, IndexIQ Advisors LLC and Hudock Capital Group LLC.
Which major 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 Hsbc Holdings PLC, Cantor Fitzgerald Investment Adviser L.P., SG Americas Securities LLC, Miracle Mile Advisors LLC, Wells Fargo & Company MN, Personal Capital Advisors Corp, JPMorgan Chase & Co. and JPMorgan Chase & Co..
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, Scottrade, 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 $32.75.
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.
