EMLC

VanEck Vectors J.P. Morgan EM Local Currency Bond ETF
*Unless otherwise stated, data provided by FactSet.

EMLC Fund Description

EMLC tracks an index of debt issued by emerging market governments and denominated in local currencies of the issuers.

EMLC Factset Analytics Insight

EMLC is a large and liquid ETF that holds sovereign debt issued by emerging market governments. EMLC's holdings are denominated in the local currencies of issuance, giving investors pure exposure to the markets it covers at the cost of added FX volatility. The bulk of EMLC is in debt expiring in 10 years or less, so investors needing longer-dated issues should look elsewhere. EMLC aims to cover the emerging markets space in a balanced manner—no country holds more than about a tenth of the overall portfolio weight. That also means it departs significantly from our benchmark, and the fund's risk runs significantly higher. EMLC is an excellent trading vehicle, with brisk volume and small spreads. It is difficult, however, for those looking to trade in creation units, especially as much of the portfolio doesn't trade during US hours. EMLC charges a reasonable fee, and it tracks its index well, keeping costs in line with that fee.

EMLC MSCI ESG Analytics Insight

VanEck Vectors J.P. Morgan EM Local Currency Bond ETF has an MSCI ESG Fund Rating of BBB based on a score of 4.86 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.

The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. VanEck Vectors J.P. Morgan EM Local Currency Bond ETF ranks in the 37th percentile within its peer group and in the 80th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

EMLC Charts And Performance

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PERFORMANCE [as of 11/08/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
EMLC 1.90% 0.02% 7.42% 9.96% 2.12% -0.11% --
EMLC (NAV) 0.98% -0.12% 7.31% 8.95% 2.24% -0.07% --
J.P. Morgan EMBI Global Core Index -- -- -- -- -- -- --
Bloomberg Barclays EM Local Currency Government Index -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

EMLC Summary Data

VanEck
07/22/10
Open-Ended Fund
0.30%
$4.96B
$58.33M
0.03%

EMLC Portfolio Data

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12/02/19
270

EMLC Index Data

J.P. Morgan EMBI Global Core Index
Market Value
Market Value
Bloomberg Barclays EM Local Currency Government Index

EMLC Portfolio Management

0.30%
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EMLC Tax Exposures

20.00% / 39.60%
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Ordinary income
No

EMLC Fund Structure

Open-Ended Fund
No
Yes
100% / 0%
N/A
N/A
Low
Daily
Cboe Book Viewer
Top Of Book
Last 10 Trades
Bats BZX Real-time Quote -

EMLC Factset Analytics Block Liquidity

As of 11/11/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of EMLC. EMLC is rated a N/A out of 5.

EMLC Tradability

1,743,536
$58.33M
1,241,325
$41.19M
0.03%
$0.01
-0.02%
1.19% / -1.09%
None
30.45%
100,000
12.41
0.03%
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42,603
$33.53
N/A

EMLC Top 10 Holdings[View All]

6.30%
1.68%
1.54%
1.43%
1.42%
1.41%
1.28%
1.12%
1.08%
1.07%
18.33%

EMLC Performance Statistics

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EMLC MSCI ESG Ratings

BBB
4.86 / 10
80.21
36.69
0.08%
0.03%
286.35

EMLC Holdings Statistics

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270
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EMLC Avg Life Maturity Distribution

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EMLC OAS Breakdown

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