CEMBiShares J.P. Morgan EM Corporate Bond ETF
CEMB Fund Description
CEMB tracks an index of US-dollar-denominated bonds issued by corporations based in emerging markets.
CEMB Factset Analytics Insight
CEMB targets USD-denominated corporate debt issued by companies in emerging market countries, regardless of credit quality. The index holds securities with five or more years remaining to maturity initially, and two or more years remaining to maturity at each rebalance. The index uses a proprietary market-value-based weighting scheme to distribute weights more evenly across countries. While all the bonds in CEMB are denominated in USD, investors are still subject to some currency risk, as currency fluctuations will affect issuers’ ability to meet payment obligations. CEMB changed its underlying index from the Morningstar Emerging Markets Corporate Bond Index to the J.P. Morgan CEMBI Broad Diversified Core Index on June 1, 2017. The change has limited impact on the composition of the portfolio, and overall economic exposure remains similar.
CEMB MSCI ESG Analytics Insight
iShares J.P. Morgan EM Corporate Bond ETF has an MSCI ESG Fund Rating of BB based on a score of 3.76 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. iShares J.P. Morgan EM Corporate Bond ETF ranks in the 9th percentile within its peer group and in the 78th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
CEMB Portfolio Data
CEMB Index Data
CEMB Portfolio Management
CEMB Tax Exposures
CEMB Fund Structure
CEMB Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of CEMB. CEMB is rated a N/A out of 5.