EMTL

State Street DoubleLine Emerging Markets Fixed Income ETF

$43.47
+0.00%
Market closed. Last update: 11:59 AM ET

📎 Investment Objective

The SPDR DoubleLine Emerging Markets Fixed Income ETF (EMTL) seeks to provide investment results that correspond generally to the performance of the Bloomberg Emerging Markets USD Aggregate Bond Index, which measures the performance of U.S. dollar-denominated fixed-income securities issued by emerging market governments and government-related entities.

Overview

ETF tracking State Street DoubleLine Emerging Markets Fixed Income ETF

Issuer Other
Inception Date 2016-04-14
Market Cap $93.4M
Average Volume N/A
Dividend Yield 4.27%
52-Week Range $41.99 - $44.04
VWAP $43.47

Performance

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Investment Summary

📎 Investment Objective

The SPDR DoubleLine Emerging Markets Fixed Income ETF (EMTL) seeks to provide investment results that correspond generally to the performance of the Bloomberg Emerging Markets USD Aggregate Bond Index, which measures the performance of U.S. dollar-denominated fixed-income securities issued by emerging market governments and government-related entities.

🎯 Investment Strategy

The ETF employs a passive management approach, seeking to track the performance of its benchmark index. It invests primarily in a portfolio of emerging market fixed-income securities, including government bonds, corporate bonds, and other debt instruments, that are denominated in U.S. dollars.

✨ Key Features

  • Provides exposure to a diversified portfolio of emerging market fixed-income securities
  • Tracks the performance of the Bloomberg Emerging Markets USD Aggregate Bond Index
  • Invests in a range of debt instruments, including government and corporate bonds
  • Passively managed to replicate the index's performance

⚠️ Primary Risks

  • Emerging market risk: Investments in emerging markets may be subject to greater political, economic, and social instability, and increased volatility
  • Interest rate risk: The value of the fund's investments may decline when interest rates rise
  • Credit risk: The issuer of a debt security may fail to make timely payments of interest and principal
  • Currency risk: The fund's investments may be denominated in foreign currencies, which can fluctuate against the U.S. dollar

👤 Best For

This ETF may be suitable for investors seeking exposure to the fixed-income markets of emerging economies, as part of a diversified investment portfolio. It may be particularly attractive to investors with a long-term investment horizon and a moderate to high risk tolerance.