Key stats
About iShares J.P. Morgan USD Emerging Markets Bond ETF
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Inception date
Dec 17, 2007
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
EMB was one of the first emerging-market debt ETFs to be launched, as such, it tends to enjoy strong assets and liquidity. Like many peer funds, but in contrast with our benchmark, EMB holds USD-denominated rather than local-currency debt. This eliminates direct currency risk for US investors, but raises the possibility that a strengthening dollar or weakening local currency could make the debt harder to service, increasing credit risk. Each issuer must have at least outstanding and bonds need at least 2 years remaining to maturity. The fund typically favors longer maturities than our benchmark and tends to lean toward riskier paper, both of which increase yield. One of EMB`s strongest selling points is its strong liquidity, making it the de facto choice for traders.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government82.57%
Corporate17.30%
Cash0.13%
Stock breakdown by region
Latin America27.68%
Middle East21.41%
Europe16.33%
Asia14.96%
North America10.44%
Africa9.18%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history