ELD

WisdomTree Emerging Markets Local Debt Fund

$28.96

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The WisdomTree Emerging Markets Local Debt Fund (ELD) seeks to provide exposure to local currency-denominated emerging market debt.

Overview

ETF tracking WisdomTree Emerging Markets Local Debt Fund

Category Emerging Markets

Issuer WisdomTree

Inception Date 2010-08-09

Market Cap $76.7M

Average Volume N/A

Dividend Yield 4.42%

52-Week Range $25.27 - $29.07

VWAP $28.87

Performance

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Investment Summary

📎 Investment Objective

The WisdomTree Emerging Markets Local Debt Fund (ELD) seeks to provide exposure to local currency-denominated emerging market debt.

🎯 Investment Strategy

The fund invests in a portfolio of fixed income securities issued by governments and government-related entities in emerging market countries. It aims to track the performance of the WisdomTree Emerging Markets Local Debt Index, which measures the performance of such debt instruments.

✨ Key Features

Provides access to local currency-denominated emerging market bonds
Diversified exposure across multiple emerging market countries
Potential for higher yields compared to developed market bonds
Currency fluctuations may impact returns

⚠️ Primary Risks

Emerging market risk: Investing in developing economies may involve greater volatility and political/economic instability
Interest rate risk: Bond prices may decline as interest rates rise
Currency risk: Fluctuations in local currencies may affect the fund's performance
Credit risk: Issuers may default on their debt obligations

👤 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 appropriate for investors with a higher risk tolerance and a long-term investment horizon.