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45.39000 USD
0.091
0.20%
Last update May 21, 2:50 PM BST
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Day range
45.39000
45.39000
Previous close
45.48100
Open
45.39000
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iShares J.P. Morgan EM Corporate Bond ETF
45.39
0.09
0.20%

Overview

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Description

The iShares J.P. Morgan EM Corporate Bond ETF is an exchange-traded fund that seeks to track the performance of the J.P. Morgan CEMBI Broad Diversified Core Index. This index comprises U.S. dollar-denominated bonds issued by corporations and quasi-sovereign entities in emerging markets, providing targeted exposure to this segment of the global fixed-income landscape. The fund's portfolio features diversified holdings across issuers such as Standard Chartered PLC, Ecopetrol SA, Saudi Arabian Oil Co., Bangkok Bank Public Co Ltd, and OCP SA, spanning sectors like energy, banking, mining, and technology from regions including Latin America, Asia, the Middle East, and Africa. With an expense ratio of 0.50%, it offers investors a cost-effective vehicle for accessing higher-yield emerging market corporate debt, which typically carries greater credit and geopolitical risks compared to developed market bonds. The ETF pays dividends approximately 12 times per year, reflecting the income-generating nature of its underlying bonds, and maintains a market capitalization around $414 million. It plays a key role in fixed-income portfolios by enabling diversification into emerging economies' corporate debt markets without direct bond selection. This fund does not pursue an ESG or sustainable investment strategy.

About

Address
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Instrument type
ETF
Country
United Kingdom
MIC code
XLON
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Trading Hours (Monday - Friday):

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