XEMD

BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF

$44.33
+0.00%
Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF seeks to track the performance of a diversified portfolio of U.S. dollar-denominated emerging market bonds with maturities between 1 and 10 years.

Overview

ETF tracking BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF

Issuer Other
Inception Date 2022-06-30
Market Cap $443.3M
Average Volume N/A
Dividend Yield 5.06%
52-Week Range $40.57 - $44.62
VWAP $44.33

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF seeks to track the performance of a diversified portfolio of U.S. dollar-denominated emerging market bonds with maturities between 1 and 10 years.

🎯 Investment Strategy

The ETF invests in a representative sample of bonds included in the JP Morgan USD Emerging Markets 1-10 Year Bond Index, which measures the performance of U.S. dollar-denominated emerging market sovereign and quasi-sovereign fixed and floating-rate debt instruments with maturities between 1 and 10 years.

✨ Key Features

  • Exposure to a diversified portfolio of U.S. dollar-denominated emerging market bonds
  • Focus on bonds with maturities between 1 and 10 years, potentially reducing interest rate risk compared to longer-dated bonds
  • Seeks to track the performance of the JP Morgan USD Emerging Markets 1-10 Year Bond Index
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Emerging market risk: Emerging markets may be subject to greater political, economic, and social instability, and may lack the market depth, liquidity, and regulatory oversight of more developed markets.
  • Interest rate risk: Bond prices may decline due to rising interest rates, potentially impacting the fund's performance.
  • Credit risk: The fund is exposed to the creditworthiness of the underlying bond issuers, and a default or downgrade could negatively affect the fund's value.
  • Currency risk: As the fund invests in U.S. dollar-denominated bonds, it is subject to the risk of fluctuations in the U.S. dollar relative to other currencies.

👤 Best For

The BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF may be suitable for investors seeking exposure to a diversified portfolio of U.S. dollar-denominated emerging market bonds with maturities between 1 and 10 years, as part of a broader fixed income allocation. Investors should be comfortable with the risks associated with emerging market debt and be willing to hold the investment for the medium to long term.