VanEck J. P. Morgan EM Local Currency Bond ETVanEck J. P. Morgan EM Local Currency Bond ETVanEck J. P. Morgan EM Local Currency Bond ET

VanEck J. P. Morgan EM Local Currency Bond ET

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Key stats


Assets under management (AUM)
‪2.61 B‬USD
Fund flows (1Y)
‪−203.51 M‬USD
Dividend yield (indicated)
6.47%
Discount/Premium to NAV
−0.2%

About VanEck J. P. Morgan EM Local Currency Bond ET


Issuer
Van Eck Associates Corp.
Brand
VanEck
Expense ratio
0.30%
Home page
Inception date
Jul 22, 2010
Index tracked
J.P. Morgan Government Bond Index Emerging Markets Global Core Index
Management style
Passive
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. Take note: Similar to other funds in the emerging markets space, 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.

Classification


Asset Class
Fixed income
Category
Government, treasury
Focus
Broad credit
Niche
Broad maturities
Strategy
Vanilla
Weighting scheme
Tiered
Selection criteria
Market value
What's in the fund
Exposure type
StocksBonds, Cash & Other
Government
Stocks0.00%
Non-Energy Minerals0.00%
Bonds, Cash & Other100.00%
Government98.93%
Agency0.55%
Corporate0.38%
Cash0.14%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
SellBuy
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Summary
Neutral
SellBuy
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Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.