FMP
VanEck J.P. Morgan EM Local Currency Bond ETF
EMLC
AMEX
The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of bonds issued by emerging market governments and denominated in the local currency of the issuer. It may concentrate its investments in a particular industry or group of industries to the extent that the index concentrates in an industry or group of industries. The fund is non-diversified.
23.91 USD
-0.015 (-0.06275%)
Latest EMLC News
ETF Trends
Jul 2, 2024
Emerging Market Bonds Could Have Pleasant Surprises in Store
Conventional fixed income wisdom holds that high interest rates in the U.S. are problematic for emerging market debt and related ETFs. That scenario has played out this year, particularly for emerging market bonds denominated in local currencies.
ETF Trends
May 1, 2024
With EM Bonds, Selectivity Matters
Emerging markets bonds, both of the dollar-denominated and local currency varietals, have followed broad measures of domestic debt lower this year. However, some corners of the developing fixed income space show signs of strength.
ETF Trends
Apr 8, 2024
Emerging Markets Bonds Might Have Gains in Store
Dollar-denominated emerging markets are outpacing broader measures of U.S. bonds, including the Bloomberg U.S. Aggregate Bond Index, on a year-to-date basis, but local currency haven't joined the party as of yet. Some market observers believe that scenario is poised to change.
ETF Trends
Feb 26, 2024
A Surprisingly Sturdy Corner of the Bond Market
Over the past several years, emerging market debt denominated in local currencies has been a resilient corner of the bond market. Over that span, the VanEck J.P.
ETF Trends
Feb 17, 2024
EM Government Bonds Reap the Rewards of Fiscal Responsibility
By William Sokol, Director of Product Management Over the last five years, EM local currency debt has outperformed G7 government debt despite COVID, unprecedented Fed tightening, a strong dollar rally, wars in Ukraine and Gaza, and a slowing China.
Seeking Alpha
Dec 31, 2023
EMLC: Forget Gold, Look To Foreign Currencies In 2024 - With A 6.4% Yield
In 2023, the US dollar has remained strong despite weak fundamentals compared to emerging markets and developed countries. The US Dollar appears likely to reverse in 2024 as real interest rates reverse. Higher commodity prices may significantly accelerate that shift in favor of emerging markets. Most emerging market countries in EMLC have superior fiscal responsibility and trade balances compared to the US and Europe.
ETF Trends
Dec 16, 2023
Income Investing Playbook 2024: Navigating the New Interest Rate Regime
Yields have reset higher across fixed income markets, leaving bonds well positioned in a range of different economic and interest rate scenarios in 2024. Introduction to Income Investing Income investing is a strategy that aims to generate a steady stream of income from investments, typically through interest payments or dividends.
ETF Trends
Dec 11, 2023
Emerging Market Bonds Could Be 2024 Fixed Income Winners
Domestic aggregate bond strategies are on pace for decent showings this year. And there is mounting speculation that the Federal Reserve will lower interest rates next year, perhaps multiple times.
Seeking Alpha
Oct 27, 2023
EMLC: Avoid As Dollar Strength Persists
VanEck J.P. Morgan EM Local Currency Bond ETF is a difficult buy due to the poor performance of emerging market bonds. The EMLC ETF provides exposure to a diversified portfolio of local currency bonds issued by sovereign entities in emerging markets. The fund has a focus on comparatively robust emerging markets and offers potential benefits of diversification and higher yields, but also comes with higher risk.
Seeking Alpha
Oct 26, 2023
India Bonds Set To Join EM Bond Index
The most widely followed emerging markets' local currency benchmark will undergo its biggest reconstitution since China's inclusion in 2020, when India joins the index next year. India has the second largest bond market among emerging markets, second only to China, and is rated investment grade by all major rating agencies.
