VanEck Sets EMLC’s November Distribution at $0.1413 Per Share

VanEck J.P. Morgan EM Local Currency Bond ETF (EMLC) set its November distribution at $0.1413 per share, payable Thursday, Nov. 5. The fund lists Monday, Nov. 2, as both the ex-dividend date and the record date.

The distribution is $0.0031 higher than the previous listed payment of $0.1382 per share, which was payable Oct. 6. The record date determines which shareholders are eligible for a distribution.

EMLC seeks to track the J.P. Morgan GBI-EM Global Core Index before fees and expenses. The index comprises emerging-market government bonds denominated in issuers’ local currencies. The ETF’s anticipated distribution frequency is monthly dividend income.

Another emerging-markets bond fund, EBND, also has a Nov. 5 payment date, with Nov. 2 as its ex-dividend and record date.