• Ticker:- EMLC;true;GBIEMCOR;
  • Ticker Group:- ETFFI_IB;false;;
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EM Local Currency Bond ETF EMLC

  • Full Name: Market Vectors®
    Emerging Markets Local Currency Bond ETF (EMLC)

    Management Style: Sampling

    Underlying Index: The J.P. Morgan GBI-EMG Core Index (GBIEMCOR)

    Index Provider: J.P. Morgan

    Index Description: GBIEMCOR provides direct exposure to local currency bonds issued by emerging market governments. As such, the Fund is subject to the risks of investing in emerging market debt securities.

  •  
      

    • Fund Ticker

      EMLC
    • Exchange

      NYSE Arca
    • Commencement

      07/22/2010
    • ETF Structure

      Physical
    • Administrator

      Van Eck Associates
    • Custodian

      Bank of New York Mellon
    • Index Ticker

      GBIEMCOR
    • Index Rebalancing

      Monthly
    • Preliminary NAIC
      Designation7

      2
  •  
    as of 08/01/14

    • 30-Day SEC Yield1

      4.38%
    • Total Net Assets

      $866.0M
    • Number of Holdings

      231
    • Options

      Available
    • Gross Expense Ratio2

      0.48%
    • Net Expense Ratio/TER2

      0.47%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      08/29/2014
  • Country Weightings (%)
    as of 06/30/14

    • Country

      % of Net Assets
    • POLAND

      9.9
    • BRAZIL

      9.7
    • SOUTH AFRICA

      9.6
    • MALAYSIA

      8.7
    • RUSSIA

      7.7
    • TURKEY

      7.6
    • INDONESIA

      6.4
    • THAILAND

      5.9
    • MEXICO

      5.4
    • HUNGARY

      4.6
    • SUPRA-NATIONAL

      3.8
    • COLOMBIA

      3.5
    • ROMANIA

      3.1
    • NIGERIA

      3.0
    • CHILE

      3.0
    • PERU

      3.0
    • PHILIPPINES

      3.0
    • GERMANY

      0.6
    • SWEDEN

      0.4
    • NETHERLANDS

      0.4
    • Other

      0.8
  • Portfolio Composition (%)
    as of 06/30/14

    • % of Net Assets
    • Stocks

      0.00
    • Bonds

      99.22
    • Other

      0.00
    • Cash

      0.78
  • Currency Exposure (%)
    as of 06/30/14

    • Brazilian Real

      9.98
    • Polish Zloty

      9.92
    • Mexican Peso

      9.82
    • South African Rand

      9.72
    • Malaysian Ringgit

      8.72
    • Russian Ruble

      7.69
    • Turkish Lira

      7.63
    • Indonesian Rupiah

      6.37
    • Thai Baht

      5.85
    • Hungarian Forint

      4.85
    • Colombian Peso

      3.52
    • New Romanian Leu

      3.06
    • Nigeria Naira

      3.03
    • Chilean Peso

      3.03
    • Peruvian New Sol

      3.01
    • Philippines Peso

      3.00
    • Other

      0.78
  • Credit Quality (%)
    as of 06/30/14

    Composite % of Net Assets
    Investment Grade AAA 4.39
    AA 3.40
    A 19.15
    BBB 41.14
    Non-Investment Grade BB 8.99
    Total Investment Grade 68.08
    Total Non-Investment Grade 8.99
    Not rated 22.93
    Composite Rating: An evenly weighted blend of a security's Moody's, S&P, Fitch and DBRS ratings. Not Rated indicates that a security is rated by fewer than two of the four rating agencies. This composite is not intended to be a credit opinion.
  • 3-YR Risk Measures*
    as of 06/30/14

    • Beta vs. S&P 500 Index

      0.70
    • Correlation vs. S&P 500 Index

      0.66
    • Volatility (Standard Deviation)

      12.78
    • Sharpe Ratio

      0.07

    Source: Van Eck Global, FactSet

    *Beta is a measure of sensitivity to market movements. Correlation measures the extent of linear association between the ETF performance and the index performance. Volatility is the annualized standard deviation of the ETF's monthly returns. Sharpe ratio measures risk-adjusted return, and represents the ETF's return less the risk free rate divided by the standard deviation. See S&P 500 Index definition.6

  • Sector Weightings (%)
    as of 06/30/14

    • Sector

      % of Net Assets
    • Government

      85.8
    • Utilities

      8.4
    • Financial

      3.4
    • Industrial

      1.6
    • Consumer, Non-cyclical

      0.1
    • Other

      0.8