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$5.17 billion
Average Daily Volume$3.85 million
Discount/Premium-0.35%
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 declared a monthly dividend on Monday, July 2nd. Stockholders of record on Tuesday, July 3rd will be given a dividend of $0.0887 per share on Monday, July 9th. This represents a $1.06 annualized dividend and a dividend yield of 6.24%. The ex-dividend date of this dividend is Monday, July 2nd. View VanEck Vectors J.P. Morgan EM Local Currency Bond ETF's Dividend History.
What is the consensus analysts' recommendation for VanEck Vectors J.P. Morgan EM Local Currency Bond ETF?
0 Wall Street analysts have issued "buy," "hold," and "sell" ratings for VanEck Vectors J.P. Morgan EM Local Currency Bond ETF in the last year. There are currently for the stock, resulting in a consensus recommendation of "N/A."
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 decrease in short interest in June. As of June 29th, there was short interest totalling 3,421,755 shares, a decrease of 43.6% from the June 15th total of 6,072,045 shares. Based on an average daily volume of 4,964,584 shares, the days-to-cover ratio is presently 0.7 days. View VanEck Vectors J.P. Morgan EM Local Currency Bond ETF's Current Options Chain.
Has VanEck Vectors J.P. Morgan EM Local Currency Bond ETF been receiving favorable news coverage?
News stories about EMLC stock have been trending somewhat positive on Thursday, according to Accern Sentiment Analysis. The research group rates the sentiment of press coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF earned a coverage optimism score of 0.14 on Accern's scale. They also assigned news coverage about the company an impact score of 46.18 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.
Who are VanEck Vectors J.P. Morgan EM Local Currency Bond ETF's major shareholders?
Which institutional investors are selling VanEck Vectors J.P. Morgan EM Local Currency Bond ETF stock?
Which institutional investors are buying VanEck Vectors J.P. Morgan EM Local Currency Bond ETF stock?
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 $17.05.
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.
