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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-EMG 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
    • Preliminary NAIC
      Designation7

      2
  •  
    as of 09/28/16

    • 30-Day SEC Yield1

      5.33%
    • Total Net Assets

      $2.2B
    • Number of Holdings

      234
    • Options

      Available
    • Gross Expense Ratio2

      0.51%
    • Net Expense Ratio/TER2

      0.47%
    • Distribution Frequency

      Monthly
    • Next Distribution Date

      09/30/2016
  • 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) -0.02 6.25 14.34 10.33 -2.06 -2.58 -- 0.20
    EMLC (Share Price) -0.60 6.19 14.21 10.09 -1.91 -2.74 -- 0.18
    GBIEMCOR (Index) -0.03 6.49 14.72 11.34 -1.35 -1.85 -- 0.99
    Performance Differential (NAV - Index) 0.01 -0.24 -0.38 -1.01 -0.71 -0.73 -- -0.79
    After Tax Held -0.17 5.69 12.86 8.91 -3.26 -3.93 -- -1.22
    After Tax Sold -0.01 3.53 8.08 5.81 -2.08 -2.43 -- -0.35
    Quarter End as of 06/30/16
    1 MO* 3 MO* YTD* 1 YR 3 YR 5 YR 10 YR LIFE
    07/22/10
    EMLC (NAV) 5.59 2.62 13.63 1.42 -3.46 -2.38 -- 0.10
    EMLC (Share Price) 6.09 2.89 14.11 2.17 -2.86 -2.37 -- 0.17
    GBIEMCOR (Index) 5.74 2.81 13.91 2.28 -2.88 -1.65 -- 0.90
    Performance Differential (NAV - Index) -0.15 -0.19 -0.28 -0.86 -0.58 -0.73 -- -0.80
    After Tax Held 5.37 2.02 12.51 0.42 -4.64 -3.73 -- -1.30
    After Tax Sold 3.16 1.47 7.68 0.77 -3.11 -2.27 -- -0.41
  • 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
    09/01/2016 09/06/2016 09/08/2016 $0.0800 -- -- -- $0.0800
    08/01/2016 08/03/2016 08/05/2016 $0.0662 -- -- -- $0.0662
    07/01/2016 07/06/2016 07/08/2016 $0.0710 -- -- -- $0.0710
    06/01/2016 06/03/2016 06/07/2016 $0.0870 -- -- -- $0.0870
    05/02/2016 05/04/2016 05/06/2016 $0.0890 -- -- -- $0.0890
    04/01/2016 04/05/2016 04/07/2016 $0.0724 -- -- -- $0.0724
    03/01/2016 03/03/2016 03/07/2016 $0.0731 -- -- -- $0.0731
    02/01/2016 02/03/2016 02/05/2016 $0.0860 -- -- -- $0.0860
    12/29/2015 12/31/2015 01/05/2016 -- -- -- $0.0835 $0.0835
    12/01/2015 12/03/2015 12/07/2015 -- -- -- $0.0817 $0.0817
    11/02/2015 11/04/2015 11/06/2015 -- -- -- $0.0849 $0.0849
    10/01/2015 10/05/2015 10/07/2015 -- -- -- $0.0850 $0.0850
    09/01/2015 09/03/2015 09/08/2015 -- -- -- $0.0900 $0.0900
    08/03/2015 08/05/2015 08/07/2015 -- -- -- $0.0873 $0.0873
    07/01/2015 07/06/2015 07/08/2015 -- -- -- $0.0900 $0.0900
    06/01/2015 06/03/2015 06/05/2015 -- -- -- $0.0890 $0.0890
    05/01/2015 05/05/2015 05/07/2015 -- -- -- $0.0970 $0.0970
    04/01/2015 04/06/2015 04/08/2015 -- -- -- $0.0906 $0.0906
    03/02/2015 03/04/2015 03/06/2015 -- -- -- $0.0980 $0.0980
    02/02/2015 02/04/2015 02/06/2015 -- -- -- $0.0861 $0.0861
    12/29/2014 12/31/2014 01/05/2015 $0.0709 -- -- $0.0246 $0.0955
    12/01/2014 12/03/2014 12/05/2014 $0.0752 -- -- $0.0260 $0.1012
    11/03/2014 11/05/2014 11/07/2014 $0.0743 -- -- $0.0257 $0.1000
    10/01/2014 10/03/2014 10/07/2014 $0.0743 -- -- $0.0257 $0.1000
    09/02/2014 09/04/2014 09/08/2014 $0.0817 -- -- $0.0283 $0.1100
    08/01/2014 08/05/2014 08/07/2014 $0.0791 -- -- $0.0274 $0.1065
    07/01/2014 07/03/2014 07/08/2014 $0.0817 -- -- $0.0283 $0.1100
    06/02/2014 06/04/2014 06/06/2014 $0.0817 -- -- $0.0283 $0.1100
    04/24/2014 04/28/2014 04/30/2014 $0.0361 -- -- $0.0759 $0.1120
    04/01/2014 04/03/2014 04/07/2014 $0.0364 -- -- $0.0766 $0.1130
    03/03/2014 03/05/2014 03/07/2014 $0.0316 -- -- $0.0664 $0.0980
    02/03/2014 02/05/2014 02/07/2014 $0.0354 -- -- $0.0746 $0.1100
    12/27/2013 12/31/2013 01/03/2014 $0.0962 -- -- $0.0138 $0.1100
    12/02/2013 12/04/2013 12/06/2013 $0.0962 -- -- $0.0138 $0.1100
    11/01/2013 11/05/2013 11/07/2013 $0.0962 -- -- $0.0138 $0.1100
    10/01/2013 10/03/2013 10/07/2013 $0.0910 -- -- $0.0130 $0.1040
    09/03/2013 09/05/2013 09/09/2013 $0.0850 -- -- $0.0122 $0.0972
    08/01/2013 08/05/2013 08/07/2013 $0.0850 -- -- $0.0122 $0.0972
    07/01/2013 07/03/2013 07/08/2013 $0.0875 -- -- $0.0125 $0.1000
    06/03/2013 06/05/2013 06/07/2013 $0.0978 -- -- $0.0140 $0.1118
    04/24/2013 04/26/2013 04/30/2013 $0.0960 -- -- -- $0.0960
    04/01/2013 04/03/2013 04/05/2013 $0.0950 -- -- -- $0.0950
    03/01/2013 03/05/2013 03/07/2013 $0.0970 -- -- -- $0.0970
    02/01/2013 02/05/2013 02/07/2013 $0.0920 -- -- -- $0.0920
    12/27/2012 12/31/2012 01/03/2013 $0.0830 -- -- $0.0080 $0.0910
    12/03/2012 12/05/2012 12/07/2012 $0.0830 -- -- $0.0080 $0.0910
    11/01/2012 11/05/2012 11/07/2012 $0.0830 -- -- $0.0080 $0.0910
    10/01/2012 10/03/2012 10/05/2012 $0.0830 -- -- $0.0080 $0.0910
    09/04/2012 09/07/2012 09/10/2012 $0.0867 -- -- $0.0083 $0.0950
    08/01/2012 08/03/2012 08/07/2012 $0.0867 -- -- $0.0083 $0.0950
    07/02/2012 07/05/2012 07/09/2012 $0.0867 -- -- $0.0083 $0.0950
    06/01/2012 06/05/2012 06/07/2012 $0.0775 -- -- $0.0075 $0.0850
    05/01/2012 05/03/2012 05/07/2012 $0.0867 -- -- $0.0083 $0.0950
    04/02/2012 04/04/2012 04/09/2012 $0.0930 -- -- $0.0020 $0.0950
    03/01/2012 03/05/2012 03/07/2012 $0.1004 -- -- $0.0021 $0.1025
    02/01/2012 02/03/2012 02/07/2012 $0.0881 -- -- $0.0019 $0.0900
    12/28/2011 12/30/2011 01/04/2012 $0.1025 -- -- -- $0.1025
    12/01/2011 12/05/2011 12/07/2011 $0.0950 -- -- -- $0.0950
    11/01/2011 11/03/2011 11/07/2011 $0.1114 -- -- -- $0.1114
    10/03/2011 10/05/2011 10/07/2011 $0.1175 -- -- -- $0.1175
    09/01/2011 09/06/2011 09/08/2011 $0.1253 -- -- -- $0.1253
    08/01/2011 08/03/2011 08/05/2011 $0.1189 -- -- -- $0.1189
    07/01/2011 07/06/2011 07/08/2011 $0.1200 -- -- -- $0.1200
    06/01/2011 06/03/2011 06/07/2011 $0.1337 -- -- -- $0.1337
    05/02/2011 05/04/2011 05/06/2011 $0.1220 -- -- -- $0.1220
    04/01/2011 04/05/2011 04/07/2011 $0.1335 -- -- -- $0.1335
    03/01/2011 03/03/2011 03/07/2011 $0.1129 -- -- -- $0.1129
    02/01/2011 02/03/2011 02/07/2011 $0.1075 -- -- -- $0.1075
    12/29/2010 12/31/2010 01/05/2011 $0.0940 -- -- -- $0.0940
    12/01/2010 12/03/2010 12/07/2010 $0.1050 -- -- -- $0.1050
    11/01/2010 11/03/2010 11/05/2010 $0.1000 -- -- -- $0.1000
    10/01/2010 10/05/2010 10/07/2010 $0.0800 -- -- -- $0.0800
    09/01/2010 09/03/2010 09/08/2010 $0.1080 -- -- -- $0.1080

    *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.

  • Calendar Year Returns (%) as of 12/31/2015

  • NAV History
    as of 08/31/16

  • Best & Worst
    Quarter Returns (%)
    as of 06/30/16

    • Best quarter

      1Q'16+10.73%
    • Worst quarter

      3Q'15-10.19%
    Best & Worst Quarter Returns are based on NAV, reflect the period since the Fund's inception, and are updated quarterly.