• 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 09/19/14

    • 30-Day SEC Yield1

      4.36%
    • Total Net Assets

      $901.0M
    • Number of Holdings

      239
    • Options

      Available
    • Gross Expense Ratio2

      0.52%
    • Net Expense Ratio/TER2

      0.47%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      09/30/2014
  • View All Indices » View All ETFs » Performance History: Average Annual Total Returns* (%)

    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    07/22/10
    EMLC (NAV) 0.20 0.31 5.46 7.54 0.15 -- -- 3.65
    EMLC (Share Price) 0.37 0.65 5.68 8.29 -0.04 -- -- 3.68
    GBIEMCOR (Index) 0.38 0.47 5.34 8.48 0.95 -- -- 4.54
    Performance Differential (NAV - Index) -0.18 -0.16 0.12 -0.94 -0.80 -- -- -0.89
    After Tax Held -- -- -- 5.15 -- -- -- 1.84
    After Tax Sold -- -- -- 4.23 -- -- -- 2.10
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    07/22/10
    EMLC (NAV) 1.03 4.37 6.22 4.40 0.94 -- -- 4.00
    EMLC (Share Price) 1.04 4.60 6.09 5.66 0.74 -- -- 3.94
    GBIEMCOR (Index) 1.02 4.32 5.92 4.81 1.72 -- -- 4.88
    Performance Differential (NAV - Index) 0.01 0.05 0.30 -0.41 -0.78 -- -- -0.88
    After Tax Held -- -- -- 2.02 -- -- -- 2.14
    After Tax Sold -- -- -- 2.43 -- -- -- 2.35
  • Distribution History

    Anticipated Frequency: Monthly Dividend Income & Annual Capital Gains
    Ex-Date Record
    Date
    Payable Date Dividend
    Income
    Short-Term
    Capital Gains
    Long-Term
    Capital Gains
    Return of Capital Total Distributions
    09/02/2014 09/04/2014 09/08/2014 $0.1100 None None None $0.1100
    08/01/2014 08/05/2014 08/07/2014 $0.1065 None None None $0.1065
    07/01/2014 07/03/2014 07/08/2014 $0.1100 None None None $0.1100
    06/02/2014 06/04/2014 06/06/2014 $0.1100 None None None $0.1100
    04/24/2014 04/28/2014 04/30/2014 $0.1120 None None None $0.1120
    04/01/2014 04/03/2014 04/07/2014 $0.1130 None None None $0.1130
    03/03/2014 03/05/2014 03/07/2014 $0.0980 None None None $0.0980
    02/03/2014 02/05/2014 02/07/2014 $0.1100 None None None $0.1100
    12/27/2013 12/31/2013 01/03/2014 $0.1100 None None $0.0138 $0.1238
    12/02/2013 12/04/2013 12/06/2013 $0.1100 None None $0.0138 $0.1238
    11/01/2013 11/05/2013 11/07/2013 $0.1100 None None $0.0138 $0.1238
    10/01/2013 10/03/2013 10/07/2013 $0.1040 None None $0.0130 $0.1170
    09/03/2013 09/05/2013 09/09/2013 $0.0972 None None $0.0122 $0.1094
    08/01/2013 08/05/2013 08/07/2013 $0.0972 None None $0.0122 $0.1094
    07/01/2013 07/03/2013 07/08/2013 $0.1000 None None $0.0125 $0.1125
    06/03/2013 06/05/2013 06/07/2013 $0.1118 None None $0.0140 $0.1258
    04/24/2013 04/26/2013 04/30/2013 $0.0960 None None None $0.0960
    04/01/2013 04/03/2013 04/05/2013 $0.0950 None None None $0.0950
    03/01/2013 03/05/2013 03/07/2013 $0.0970 None None None $0.0970
    02/01/2013 02/05/2013 02/07/2013 $0.0920 None None None $0.0920
    12/27/2012 12/31/2012 01/03/2013 $0.0910 None None $0.0080 $0.0990
    12/03/2012 12/05/2012 12/07/2012 $0.0910 None None $0.0080 $0.0990
    11/01/2012 11/05/2012 11/07/2012 $0.0910 None None $0.0080 $0.0990
    10/01/2012 10/03/2012 10/05/2012 $0.0910 None None $0.0080 $0.0990
    09/04/2012 09/07/2012 09/10/2012 $0.0950 None None $0.0083 $0.1033
    08/01/2012 08/03/2012 08/07/2012 $0.0950 None None $0.0083 $0.1033
    07/02/2012 07/05/2012 07/09/2012 $0.0950 None None $0.0083 $0.1033
    06/01/2012 06/05/2012 06/07/2012 $0.0850 None None $0.0075 $0.0925
    05/01/2012 05/03/2012 05/07/2012 $0.0950 None None $0.0083 $0.1033
    04/02/2012 04/04/2012 04/09/2012 $0.0950 None None $0.0020 $0.0970
    03/01/2012 03/05/2012 03/07/2012 $0.1025 None None $0.0021 $0.1046
    02/01/2012 02/03/2012 02/07/2012 $0.0900 None None $0.0019 $0.0919
    12/28/2011 12/30/2011 01/04/2012 $0.1025 None None None $0.1025
    12/01/2011 12/05/2011 12/07/2011 $0.0950 None None None $0.0950
    11/01/2011 11/03/2011 11/07/2011 $0.1114 None None None $0.1114
    10/03/2011 10/05/2011 10/07/2011 $0.1175 None None None $0.1175
    09/01/2011 09/06/2011 09/08/2011 $0.1253 None None None $0.1253
    08/01/2011 08/03/2011 08/05/2011 $0.1189 None None None $0.1189
    07/01/2011 07/06/2011 07/08/2011 $0.1200 None None None $0.1200
    06/01/2011 06/03/2011 06/07/2011 $0.1337 None None None $0.1337
    05/02/2011 05/04/2011 05/06/2011 $0.1220 None None None $0.1220
    04/01/2011 04/05/2011 04/07/2011 $0.1335 None None None $0.1335
    03/01/2011 03/03/2011 03/07/2011 $0.1129 None None None $0.1129
    02/01/2011 02/03/2011 02/07/2011 $0.1075 None None None $0.1075
    12/29/2010 12/31/2010 01/05/2011 $0.0940 None None None $0.0940
    12/01/2010 12/03/2010 12/07/2010 $0.1050 None None None $0.1050
    11/01/2010 11/03/2010 11/05/2010 $0.1000 None None None $0.1000
    10/01/2010 10/05/2010 10/07/2010 $0.0800 None None None $0.0800
    09/01/2010 09/03/2010 09/08/2010 $0.1080 None None None $0.1080

    All registered investment companies, including Van Eck Associates Corporation, are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading Market Vectors ETFs will also generate tax consequences and transaction expenses. The information provided is not intended to be tax advice. Tax consequences of dividend distributions may vary by individual taxpayer. There is no guarantee that dividends will be paid. To receive a distribution, you must have been a registered shareholder of the relevant Market Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distribution are not indicative of future distributions.

    Go here for Additional Distributions Details and Supplemental Tax Information, including PDF downloads.

  • Growth of Hypothetical $10,000 Investment as of 08/31/2014

    3 Months
     TO 
  • Calendar Year Returns (%) as of 12/31/2013

  • NAV History
    as of 08/31/14

  • Best & Worst
    Quarter Returns (%)
    as of 06/30/14

    • Best Quarter

      1Q'12+8.68%
    • Worst Quarter

      3Q'11-8.92%
    Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.