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EMLC
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF

Fund Description

The VanEck Vectors® 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.

 
 

  • 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
  • 2019 Preliminary NAIC Designation7

    3

 
as of 08/19/19

  • 30-Day SEC Yield1

    6.31%
  • Total Net Assets

    $5.1B
  • Number of Holdings

    284
  • Options

    Available
  • Gross Expense Ratio2

    0.46%
  • Net Expense Ratio/TER2

    0.30%
  • Distribution Frequency

    Monthly
  • Next Distribution Date

    08/30/2019
1,2,7 See Important Disclosure

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) 0.91 6.31 9.65 6.68 3.15 -0.80 -- 1.18
EMLC (Share Price) 0.20 5.58 8.80 5.85 2.76 -0.92 -- 1.10
GBIEMCOR (Index) 1.03 6.67 9.23 7.34 3.77 -0.14 -- 1.92
Performance Differential (NAV - Index) -0.12 -0.36 0.42 -0.66 -0.62 -0.66 -- -0.74
1 MO 3 MO YTD 1 YR 3 YR 5 YR 10 YR LIFE
07/22/10
EMLC (NAV) 5.75 5.35 8.68 8.25 3.06 -1.16 -- 1.09
EMLC (Share Price) 5.75 5.76 8.58 8.67 2.93 -1.11 -- 1.09
GBIEMCOR (Index) 5.73 5.29 8.12 8.61 3.67 -0.53 -- 1.82
Performance Differential (NAV - Index) 0.02 0.06 0.56 -0.36 -0.61 -0.63 -- -0.73

Performance History:Cumulative Total Return (%) Annual End as of 12/31/18

1 YR 3 YR 5 YR 10 YR LIFE
07/22/10
EMLC (NAV) -7.69 14.45 -7.79 -- 1.34
EMLC (Share Price) -7.67 14.59 -7.58 -- 1.44
GBIEMCOR (Index) -6.90 17.37 -4.61 -- 8.66
Performance Differential (NAV - Index) -0.79 -2.92 -3.18 -- -7.32

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
08/01/2019 08/02/2019 08/07/2019 $0.1815 -- -- -- $0.1815
07/01/2019 07/02/2019 07/08/2019 $0.1700 -- -- -- $0.1700
06/03/2019 06/04/2019 06/07/2019 $0.1896 -- -- -- $0.1896
04/24/2019 04/25/2019 04/30/2019 $0.1822 -- -- -- $0.1822
04/01/2019 04/02/2019 04/05/2019 $0.1832 -- -- -- $0.1832
03/01/2019 03/04/2019 03/07/2019 $0.1569 -- -- -- $0.1569
02/01/2019 02/04/2019 02/07/2019 $0.1842 -- -- -- $0.1842
12/27/2018 12/28/2018 01/03/2019 $0.1821 -- -- -- $0.1821
12/03/2018 12/04/2018 12/07/2018 $0.1761 -- -- -- $0.1761
11/01/2018 11/02/2018 11/07/2018 $0.1768 -- -- -- $0.1768
10/01/2018 10/02/2018 10/05/2018 $0.1686 -- -- -- $0.1686
09/04/2018 09/05/2018 09/10/2018 $0.1722 -- -- -- $0.1722
08/01/2018 08/02/2018 08/07/2018 $0.1862 -- -- -- $0.1862
07/02/2018 07/03/2018 07/09/2018 $0.1774 -- -- -- $0.1774
06/01/2018 06/04/2018 06/07/2018 $0.1922 -- -- -- $0.1922
04/24/2018 04/25/2018 04/30/2018 $0.1076 -- -- $0.0748 $0.1824
04/02/2018 04/03/2018 04/06/2018 $0.1082 -- -- $0.0752 $0.1834
03/01/2018 03/02/2018 03/07/2018 $0.1027 -- -- $0.0713 $0.1740
02/01/2018 02/02/2018 02/07/2018 $0.1024 -- -- $0.0712 $0.1736
12/27/2017 12/28/2017 01/03/2018 $0.1672 -- -- -- $0.1672
12/01/2017 12/04/2017 12/07/2017 $0.1704 -- -- -- $0.1704
11/01/2017 11/02/2017 11/07/2017 $0.1842 -- -- -- $0.1842
10/02/2017 10/03/2017 10/06/2017 $0.1788 -- -- -- $0.1788
09/01/2017 09/06/2017 09/08/2017 $0.1700 -- -- -- $0.1700
08/01/2017 08/03/2017 08/07/2017 $0.1736 -- -- -- $0.1736
07/03/2017 07/06/2017 07/10/2017 $0.1682 -- -- -- $0.1682
06/01/2017 06/05/2017 06/07/2017 $0.1788 -- -- -- $0.1788
05/01/2017 05/03/2017 05/05/2017 $0.1644 -- -- -- $0.1644
04/03/2017 04/05/2017 04/07/2017 -- -- -- $0.1604 $0.1604
03/01/2017 03/03/2017 03/07/2017 -- -- -- $0.1520 $0.1520
02/01/2017 02/03/2017 02/07/2017 -- -- -- $0.1600 $0.1600
12/28/2016 12/30/2016 01/04/2017 $0.0697 -- -- $0.0917 $0.1614
12/01/2016 12/05/2016 12/07/2016 $0.0658 -- -- $0.0866 $0.1524
11/01/2016 11/03/2016 11/07/2016 $0.0710 -- -- $0.0934 $0.1644
10/03/2016 10/05/2016 10/07/2016 $0.0621 -- -- $0.0819 $0.1440
09/01/2016 09/06/2016 09/08/2016 $0.0691 -- -- $0.0909 $0.1600
08/01/2016 08/03/2016 08/05/2016 $0.0571 -- -- $0.0753 $0.1324
07/01/2016 07/06/2016 07/08/2016 $0.0613 -- -- $0.0807 $0.1420
06/01/2016 06/03/2016 06/07/2016 $0.0751 -- -- $0.0989 $0.1740
05/02/2016 05/04/2016 05/06/2016 $0.0768 -- -- $0.1012 $0.1780
04/01/2016 04/05/2016 04/07/2016 -- -- -- $0.1448 $0.1448
03/01/2016 03/03/2016 03/07/2016 -- -- -- $0.1462 $0.1462
02/01/2016 02/03/2016 02/05/2016 -- -- -- $0.1720 $0.1720
12/29/2015 12/31/2015 01/05/2016 -- -- -- $0.1670 $0.1670
12/01/2015 12/03/2015 12/07/2015 -- -- -- $0.1634 $0.1634
11/02/2015 11/04/2015 11/06/2015 -- -- -- $0.1698 $0.1698
10/01/2015 10/05/2015 10/07/2015 -- -- -- $0.1700 $0.1700
09/01/2015 09/03/2015 09/08/2015 -- -- -- $0.1800 $0.1800
08/03/2015 08/05/2015 08/07/2015 -- -- -- $0.1746 $0.1746
07/01/2015 07/06/2015 07/08/2015 -- -- -- $0.1800 $0.1800
06/01/2015 06/03/2015 06/05/2015 -- -- -- $0.1780 $0.1780
05/01/2015 05/05/2015 05/07/2015 -- -- -- $0.1940 $0.1940
04/01/2015 04/06/2015 04/08/2015 -- -- -- $0.1812 $0.1812
03/02/2015 03/04/2015 03/06/2015 -- -- -- $0.1960 $0.1960
02/02/2015 02/04/2015 02/06/2015 -- -- -- $0.1722 $0.1722
12/29/2014 12/31/2014 01/05/2015 $0.1419 -- -- $0.0491 $0.1910
12/01/2014 12/03/2014 12/05/2014 $0.1504 -- -- $0.0520 $0.2024
11/03/2014 11/05/2014 11/07/2014 $0.1486 -- -- $0.0514 $0.2000
10/01/2014 10/03/2014 10/07/2014 $0.1486 -- -- $0.0514 $0.2000
09/02/2014 09/04/2014 09/08/2014 $0.1634 -- -- $0.0566 $0.2200
08/01/2014 08/05/2014 08/07/2014 $0.1582 -- -- $0.0548 $0.2130
07/01/2014 07/03/2014 07/08/2014 $0.1634 -- -- $0.0566 $0.2200
06/02/2014 06/04/2014 06/06/2014 $0.1634 -- -- $0.0566 $0.2200
04/24/2014 04/28/2014 04/30/2014 $0.0722 -- -- $0.1519 $0.2240
04/01/2014 04/03/2014 04/07/2014 $0.0728 -- -- $0.1532 $0.2260
03/03/2014 03/05/2014 03/07/2014 $0.0631 -- -- $0.1329 $0.1960
02/03/2014 02/05/2014 02/07/2014 $0.0709 -- -- $0.1491 $0.2200
12/27/2013 12/31/2013 01/03/2014 $0.1924 -- -- $0.0276 $0.2200
12/02/2013 12/04/2013 12/06/2013 $0.1924 -- -- $0.0276 $0.2200
11/01/2013 11/05/2013 11/07/2013 $0.1924 -- -- $0.0276 $0.2200
10/01/2013 10/03/2013 10/07/2013 $0.1820 -- -- $0.0260 $0.2080
09/03/2013 09/05/2013 09/09/2013 $0.1700 -- -- $0.0244 $0.1944
08/01/2013 08/05/2013 08/07/2013 $0.1700 -- -- $0.0244 $0.1944
07/01/2013 07/03/2013 07/08/2013 $0.1750 -- -- $0.0250 $0.2000
06/03/2013 06/05/2013 06/07/2013 $0.1957 -- -- $0.0280 $0.2236
04/24/2013 04/26/2013 04/30/2013 $0.1920 -- -- -- $0.1920
04/01/2013 04/03/2013 04/05/2013 $0.1900 -- -- -- $0.1900
03/01/2013 03/05/2013 03/07/2013 $0.1940 -- -- -- $0.1940
02/01/2013 02/05/2013 02/07/2013 $0.1840 -- -- -- $0.1840
12/27/2012 12/31/2012 01/03/2013 $0.1660 -- -- $0.0160 $0.1820
12/03/2012 12/05/2012 12/07/2012 $0.1660 -- -- $0.0160 $0.1820
11/01/2012 11/05/2012 11/07/2012 $0.1660 -- -- $0.0160 $0.1820
10/01/2012 10/03/2012 10/05/2012 $0.1660 -- -- $0.0160 $0.1820
09/04/2012 09/07/2012 09/10/2012 $0.1733 -- -- $0.0167 $0.1900
08/01/2012 08/03/2012 08/07/2012 $0.1733 -- -- $0.0167 $0.1900
07/02/2012 07/05/2012 07/09/2012 $0.1733 -- -- $0.0167 $0.1900
06/01/2012 06/05/2012 06/07/2012 $0.1551 -- -- $0.0149 $0.1700
05/01/2012 05/03/2012 05/07/2012 $0.1733 -- -- $0.0167 $0.1900
04/02/2012 04/04/2012 04/09/2012 $0.1861 -- -- $0.0039 $0.1900
03/01/2012 03/05/2012 03/07/2012 $0.2008 -- -- $0.0042 $0.2050
02/01/2012 02/03/2012 02/07/2012 $0.1763 -- -- $0.0037 $0.1800
12/28/2011 12/30/2011 01/04/2012 $0.2050 -- -- -- $0.2050
12/01/2011 12/05/2011 12/07/2011 $0.1900 -- -- -- $0.1900
11/01/2011 11/03/2011 11/07/2011 $0.2228 -- -- -- $0.2228
10/03/2011 10/05/2011 10/07/2011 $0.2350 -- -- -- $0.2350
09/01/2011 09/06/2011 09/08/2011 $0.2506 -- -- -- $0.2506
08/01/2011 08/03/2011 08/05/2011 $0.2378 -- -- -- $0.2378
07/01/2011 07/06/2011 07/08/2011 $0.2400 -- -- -- $0.2400
06/01/2011 06/03/2011 06/07/2011 $0.2674 -- -- -- $0.2674
05/02/2011 05/04/2011 05/06/2011 $0.2440 -- -- -- $0.2440
04/01/2011 04/05/2011 04/07/2011 $0.2670 -- -- -- $0.2670
03/01/2011 03/03/2011 03/07/2011 $0.2258 -- -- -- $0.2258
02/01/2011 02/03/2011 02/07/2011 $0.2150 -- -- -- $0.2150
12/29/2010 12/31/2010 01/05/2011 $0.1880 -- -- -- $0.1880
12/01/2010 12/03/2010 12/07/2010 $0.2100 -- -- -- $0.2100
11/01/2010 11/03/2010 11/05/2010 $0.2000 -- -- -- $0.2000
10/01/2010 10/05/2010 10/07/2010 $0.1600 -- -- -- $0.1600
09/01/2010 09/03/2010 09/08/2010 $0.2160 -- -- -- $0.2160

*All registered investment companies are obliged to distribute portfolio gains to shareholders at yearend regardless of performance. Trading VanEck 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 VanEck Vectors ETFs on the record date. Distributions are paid to shareholders on the payment date. Past distributions are not indicative of future distributions.

Certain distributions may constitute a return of capital, which will have the effect of reducing your cost basis in the Fund’s shares and thereby increasing the amount of capital gain, if any, or decreasing the amount of capital loss, if any, that you will realize when selling or exchanging Fund shares. The final determination of the tax characteristics cannot be determined until after each Fund’s yearend and are reported to shareholders on Form 1099-DIV. The form is mailed to shareholders shortly after calendar yearend specifying how the distributions paid by the Fund during the prior calendar year should be characterized for purposes of reporting the distribution on a shareholder’s tax return.

The tax treatment and characterization of the Fund’s distributions may vary significantly from time to time depending on whether the Fund has gains or losses on the securities in its portfolio. The Fund’s distributions will normally reflect past and projected net investment income, and may include income from dividends and interest, capital gains and/or a return of capital. The final composition of the tax characteristics of the distributions cannot be determined with certainty until after the end of the year, and will be reported to shareholders at that time. The amount of distributions will vary, depending on a number of factors. As portfolio and market conditions change, the rate of dividends may change. There can be no assurance that the Fund will be able to declare a dividend distribution in each period. Past performance is no guarantee of future results.

Click here to access more detailed yearend tax information.

Growth of hypothetical $10,000 investment as of 07/31/2019

3 Months | 6 Months | 1 Year | 3 Years | 5 Years |
  TO  

Calendar Year Returns (%) as of 12/31/2018

NAV History
as of 07/31/19

Best & Worst
Quarter Returns (%)
as of 06/30/19

  • Best quarter

    1Q'16 +10.73%
  • Worst quarter

    2Q'18 -11.04%
Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.