LEMB

iShares J.P. Morgan EM Local Currency Bond ETF

$41.77
+0.00%
Market closed. Last update: 11:58 AM ET

📎 Investment Objective

The iShares J.P. Morgan EM Local Currency Bond ETF seeks to track the investment results of an index composed of local currency-denominated emerging market bonds.

Overview

ETF tracking iShares J.P. Morgan EM Local Currency Bond ETF

Issuer BlackRock
Inception Date 2011-10-20
Market Cap $409.4M
Average Volume N/A
Dividend Yield N/A
52-Week Range $35.88 - $41.77
VWAP $41.77

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The iShares J.P. Morgan EM Local Currency Bond ETF seeks to track the investment results of an index composed of local currency-denominated emerging market bonds.

🎯 Investment Strategy

The ETF invests in a diversified portfolio of emerging market government and corporate bonds denominated in the local currencies of the issuing countries. The fund aims to provide exposure to the performance of the emerging markets fixed income market.

✨ Key Features

  • Exposure to a broad range of emerging market local currency-denominated bonds
  • Seeks to track the performance of the J.P. Morgan GBI-EM Global Diversified Index
  • Potential for income generation and diversification benefits
  • Relatively low expense ratio compared to actively managed emerging market bond funds

⚠️ Primary Risks

  • Emerging market risk: Investing in developing economies may involve greater volatility and political/economic instability
  • Currency risk: Fluctuations in local currencies can impact returns
  • Interest rate risk: Bond prices may decline as interest rates rise
  • Credit risk: Possibility of default or downgrade by bond issuers

👤 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 medium to long-term investment horizon and a moderate risk tolerance.