VanEck Vectors J.P. Morgan Emerging Markets Local Currency Bond ETF delivers a diversified portfolio of emerging-market stocks at low cost, but its inflexible approach might not be nimble enough for this risky corner of the market.
VanEck J.P. Morgan EM Local Currency Bond ETF EMLC
Morningstar’s Analysis EMLC
Will EMLC outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the EMLC management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of EMLC’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 7.4
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Secretaria Do Tesouro Nacional 10% | 0.98 | 47M | Government |
South Africa (Republic of) 8.75% | 0.85 | 40M | Government |
Mexico (United Mexican States) 7.75% | 0.78 | 37M | Government |
Secretaria Do Tesouro Nacional 10% | 0.78 | 37M | Government |
Secretaria Do Tesouro Nacional 0% | 0.72 | 35M | Government |
South Africa (Republic of) 8.875% | 0.69 | 33M | Government |
Mexico (United Mexican States) 7.75% | 0.68 | 33M | Government |
Mexico (United Mexican States) 7.75% | 0.67 | 32M | Government |
Mexico (United Mexican States) 8.5% | 0.65 | 31M | Government |
Republic Of South Africa Bonds 03/32 8.25 | 0.62 | 30M | Government |