VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC)

VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC) is an exchange-traded fund in the Emerging Markets Local Currency Bond category. It has $4.87B in assets, an expense ratio of 0.30% and a 6.15% dividend yield. The fund normally invests at least 80% of its total assets in securities that comprise the fund's benchmark index. The index is comprised of bonds issued by emerging market governments and denominated in the local currency of the issuer. It may concentrate its investments in a particular industry or group of industries to the extent that the index concentrates in an industry or group of industries. The fund is non-diversified.