VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC) Price, Holdings, & News

ETF Overview

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.

Key Stats

• Today's Range: $23.34 to $23.36
• 50-Day Range: $23.26 to $24.48
• 52-Week Range: $23.25 to $25.55
• Volume: 13,093 shs
• Average Volume: 1.24 million shs
• Market Capitalization: $2.72 billion
• Assets Under Management: $2.61 billion
• Dividend Yield: 5.74%
• Net Expense Ratio: 0.30%
• Aggregate Rating: N/A

EMLC ETF - Frequently Asked Questions

How have EMLC shares performed this year?

VanEck J.P. Morgan EM Local Currency Bond ETF's stock was trading at $25.35 at the beginning of 2024. Since then, EMLC shares have decreased by 7.9% and is now trading at $23.35.
View the best growth stocks for 2024 here.

Who are VanEck J.P. Morgan EM Local Currency Bond ETF's major shareholders?

Top institutional investors of VanEck J.P. Morgan EM Local Currency Bond ETF include BNP Paribas Financial Markets (1.43%), ALM First Financial Advisors LLC (0.35%), Leuthold Group LLC (0.21%) and Janney Montgomery Scott LLC (0.11%).

How do I buy shares of VanEck J.P. Morgan EM Local Currency Bond ETF?

Shares of EMLC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of VanEck J.P. Morgan EM Local Currency Bond ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that VanEck J.P. Morgan EM Local Currency Bond ETF investors own include AT&T (T), NVIDIA (NVDA), Coca-Cola (KO), Advanced Micro Devices (AMD), CVS Health (CVS), Enterprise Products Partners (EPD) and Energy Transfer (ET).

Fund Details

• Issuer: Van Eck
• Fund Name: VanEck J.P. Morgan EM Local Currency Bond ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:EMLC
• Inception Date: 7/22/2010
• Fund Manager: Francis G. Rodilosso
• Web: www.vaneck.com
• Phone: +1-888-6588287

Fund Focus

• Asset Class: Fixed Income
• Benchmark: J.P. Morgan GBI-EMG Core Index
• Category: Sovereign
• Focus: Broad Sovereign
• Development Level: Emerging Markets
• Region: Emerging Markets
• Number of Holdings: 463

Fund Statistics

• Assets Under Management: $2.61 billion
• Average Daily Volume: $1.29 million
• Discount/Premium: -0.04%

Administrator, Advisor and Custodian

• Administrator: Van Eck Associates Corporation
• Advisor: Van Eck Associates Corporation
• Custodian: State Street Bank and Trust Company
• Distributor: Van Eck Securities Corporation
• Transfer Agent: State Street Bank and Trust Company
• Trustee: N/A
• Lead Market Maker: Jane Street

Options

• Optionable: Optionable
• Options Volume: 12
• Put Options: 1
• Call Options: 12
• Short Interest: 3,380,000 shs

Miscellaneous

• Outstanding Shares: 116,420,000
• Beta: 0.37
• Creation Unit: 200,000
• Creation Fee: $1,000.00