EMLC
VanEck Vectors J.P. Morgan EM Local Currency Bond ETFEMLC 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 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. Similar to other funds in the emerging markets space, it is difficult for those looking to trade size, as much of the portfolio doesn't trade during US hours. Effective February 28, 2020 the methodology for the underlying index was modified to include China exposure and to take a tiered approach to weighting. Minimum country exposure is limited to between 1% and 3% and then market value weighted within the country.
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 4.82 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 36th percentile within its peer group and in the 84th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
EMLC Charts And Performance
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EMLC Summary Data
EMLC Portfolio Data
EMLC Index Data
EMLC Portfolio Management
EMLC Tax Exposures
EMLC Fund Structure
EMLC Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EMLC. EMLC is rated a 5 out of 5.
EMLC Tradability
EMLC Top 10 Holdings[View All]
EMLC Performance Statistics
EMLC MSCI ESG Ratings
EMLC Holdings Statistics
EMLC Avg Life Maturity Distribution
EMLC OAS Breakdown
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.