EBND

SPDR Bloomberg Emerging Markets Local Bond ETF

$21.27
+0.00%
Market closed. Last update: 10:58 PM ET

📎 Investment Objective

The SPDR Bloomberg Emerging Markets Local Bond ETF (EBND) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Emerging Markets Local Currency Government Bond Index.

Overview

ETF tracking SPDR Bloomberg Emerging Markets Local Bond ETF

Issuer State Street
Inception Date 2011-02-24
Market Cap $2.1B
Average Volume N/A
Dividend Yield 4.57%
52-Week Range $19.47 - $21.57
VWAP $21.27

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The SPDR Bloomberg Emerging Markets Local Bond ETF (EBND) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Bloomberg Emerging Markets Local Currency Government Bond Index.

🎯 Investment Strategy

The fund invests in a portfolio of emerging market government bonds denominated in the local currencies of the issuing countries. The portfolio is designed to track the performance of the underlying index, which measures the performance of fixed-rate local currency emerging market sovereign debt.

✨ Key Features

  • Exposure to a diversified portfolio of emerging market government bonds
  • Tracks the Bloomberg Emerging Markets Local Currency Government Bond Index
  • Invests in bonds denominated in the local currencies of the issuing countries
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Emerging market risk: Investments in emerging markets may be subject to greater political, economic, and social instability, and greater volatility in prices of securities
  • Currency risk: The fund's performance may be affected by changes in exchange rates between the U.S. dollar and the local currencies of the underlying bonds
  • Interest rate risk: Bond prices may decline due to rising interest rates
  • Liquidity risk: The bonds held by the fund may have limited trading volume, making them difficult to sell at desired prices

👤 Best For

This ETF may be suitable for investors seeking exposure to emerging market fixed income as part of a diversified portfolio. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the risks associated with emerging market investments.