EMLC icon

VanEck JP Morgan EM Local Currency Bond ETF

24.47 USD
-0.03
0.12%
At close Apr 30, 4:00 PM EDT
1 day
-0.12%
5 days
0.66%
1 month
2.56%
3 months
3.03%
6 months
1.41%
Year to date
5.70%
1 year
3.21%
5 years
-15.30%
10 years
-40.43%
0
Funds holding %
of 7,425 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

4,129% more call options, than puts

Call options by funds: $592K | Put options by funds: $14K

23% more repeat investments, than reductions

Existing positions increased: 81 | Existing positions reduced: 66

6% more first-time investments, than exits

New positions opened: 38 | Existing positions closed: 36

2.23% less ownership

Funds ownership: 65.95% [Q3] → 63.71% (-2.23%) [Q4]

3% less funds holding

Funds holding: 235 [Q3] → 228 (-7) [Q4]

14% less funds holding in top 10

Funds holding in top 10: 7 [Q3] → 6 (-1) [Q4]

16% less capital invested

Capital invested by funds: $1.96B [Q3] → $1.64B (-$312M) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for EMLC.

Financial journalist opinion

Based on 3 articles about EMLC published over the past 30 days

Positive
Seeking Alpha
2 days ago
EMLC: A High-Yield Hedge Against The End Of U.S. Dollar Hegemony
Emerging market local currency bonds, such as EMLC, offer US investors a hedge against US dollar volatility. EMLC has a low correlation with most major asset classes, providing portfolio diversification and a positive yield of 6.1%. Emerging markets generally exhibit better deficit spending and debt leverage than the US, accompanied by higher GDP growth.
EMLC: A High-Yield Hedge Against The End Of U.S. Dollar Hegemony
Neutral
Zacks Investment Research
5 days ago
3 Factors Why Greenback May Remain Low Now: ETFs to Win
The greenback has been beaten-down this year, with some analysts expecting further lows.
3 Factors Why Greenback May Remain Low Now: ETFs to Win
Positive
Zacks Investment Research
1 week ago
EM Local Bonds Outpace Dollar Peers: Winning ETFs in Focus
Emerging-market (EM) local-currency bonds have outperformed their dollar-denominated peers in 2025, even as they offer yields lower than those of US Treasuries. The strong start to the year marks their best performance since 2022, thanks to growing expectations of rate cuts in developing nations and a cooling of global inflation.
EM Local Bonds Outpace Dollar Peers: Winning ETFs in Focus
Positive
Seeking Alpha
2 months ago
Foreign Stocks, Commodities Lead Major Asset Classes This Year
Global equities ex-US are the leaders, along with a broad measure of commodities, based on a set of ETFs through Friday's close. Vanguard FTSE Developed Markets ETF has rallied 7.2% so far this year.
Foreign Stocks, Commodities Lead Major Asset Classes This Year
Neutral
ETF Trends
5 months ago
EM Bonds Could Be Ideal 2025 Fixed Income Idea
Domestic bond yields shot higher Wednesday following Election Day. That could give some fixed income investors pause about riskier corners of the global bond market.
EM Bonds Could Be Ideal 2025 Fixed Income Idea
Negative
Seeking Alpha
6 months ago
EMLC: This Bond ETF Has Been A Wealth Erosion Vehicle
EMLC, a bond ETF focused on emerging markets, has delivered negative returns over the past decade, while exposing investors to significant duration, currency, and credit risks. One of the main issues with EMLC is the depreciation of local currencies against the U.S. dollar, which has further eroded investor returns compared to USD-denominated bond ETFs like EMB. EMLC's high expense ratio and inadequate yield spread compared to Treasuries make it expensive, with significant risks from emerging market currency devaluation.
EMLC: This Bond ETF Has Been A Wealth Erosion Vehicle
Neutral
Seeking Alpha
6 months ago
Emerging Markets Stocks Tied With U.S. Equities Year To Date
Exclude China and broadly defined EM stocks are posting substantially softer results, based on a set of ETFs through Friday's close. US shares are effectively neck and next with EM so far in 2024.
Emerging Markets Stocks Tied With U.S. Equities Year To Date
Positive
ETF Trends
7 months ago
EM Bonds Could Be Ready for Their Close-Up
Broadly speaking, exchange traded funds focusing on dollar-denominated and local currency emerging markets debt are performing admirably this year. With the Federal Reserve poised to soon lower rates, more of the same could be in store.
EM Bonds Could Be Ready for Their Close-Up
Positive
ETF Trends
9 months ago
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.
Emerging Market Bonds Could Have Pleasant Surprises in Store
Positive
ETF Trends
11 months ago
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.
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