Monthly dividend ETF posts 13% return while Wall Street questions long-term sustainability of currency risk

VanEck J.P. Morgan EM Local Currency Bond ETF (NYSEARCA:EMLC | EMLC Price Prediction) pays a monthly distribution that currently translates to a trailing yield near 6.1%, a level that sits above the 10-year Treasury at 4.3%, and the Fed funds upper bound has been held at 3.75% since December.