EMLC
VanEck J.P. Morgan EM Local Currency Bond ETF
EMLC
VanEck J.P. Morgan EM Local Currency Bond ETF
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NAV$23.70
as of December 04, 2024 -
Total Net Assets$2.65B
as of December 04, 2024 -
Inception Date07/22/2010
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Gross Expense Ratio0.31%
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Net Expense Ratio0.30%
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30-Day SEC Yield6.31%
Fund Description
The VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC®) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the J.P. Morgan GBI-EM Global Core Index (GBIEMCOR), which is comprised of bonds issued by emerging market governments and denominated in the local currency of the issuer.
Overview
Fund Highlights
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Seeks to replicate the J.P. Morgan GBI-EM Global Core Index
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Access to local bond markets in emerging economies
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Higher yields versus developed markets, with potential for currency appreciation