Key stats
About iShares J.P. Morgan EM Local Currency Bond
Home page
Inception date
Oct 18, 2011
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
BlackRock Fund Advisors
Distributor
BlackRock Investments LLC
LEMB provides access to the local-currency emerging-market sovereign debt space. LEMB targets investment-grade, fixed-rate, bullet-maturity EM sovereign bonds denominated in local currencies, with remaining maturity of six months or greater. The index further imposes a 15% cap and 4% floor on country exposure to achieve greater diversification. Since LEMB holds debts denominated in local currencies without currency hedges, investors must also consider FX volatilities. This fund may be for those looking for broad and diversified exposure to EM sovereign debt denominated in local currencies. The index is rebalanced on the last weekday of the month. LEMB changed its underlying index from the Bloomberg Barclays Emerging Markets Broad Local Currency Bond Index to the J.P. Morgan GBI-EM Global Diversified 15% Cap 4% Floor Index on 6/1/2017. The change affects the country's membership in the index. LEMB updated its underlying index, the previous floor was 4.5%.
Classification
What's in the fund
Exposure type
Government
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
LEMB trades at 39.18 USD today, its price has fallen −0.38% in the past 24 hours. Track more dynamics on LEMB price chart.
LEMB net asset value is 38.81 today — it's risen 1.50% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
LEMB assets under management is 303.11 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
LEMB price has risen by 1.38% over the last month, and its yearly performance shows a 7.61% increase. See more dynamics on LEMB price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.50% over the last month, showed a 4.16% increase in three-month performance and has increased by 5.92% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.50% over the last month, showed a 4.16% increase in three-month performance and has increased by 5.92% in a year.
LEMB fund flows account for −146.43 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
LEMB invests in bonds. See more details in our Analysis section.
LEMB expense ratio is 0.30%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, LEMB isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, LEMB technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating LEMB shows the buy signal. See more of LEMB technicals for a more comprehensive analysis.
Today, LEMB technical analysis shows the strong buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating LEMB shows the buy signal. See more of LEMB technicals for a more comprehensive analysis.
LEMB trades at a premium (0.21%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
LEMB shares are issued by BlackRock, Inc.
LEMB follows the J.P. Morgan GBI-EM Global 15 cap 4.5 floor. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 18, 2011.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.