EBNDSPDR Bloomberg Emerging Markets Local Bond ETF
EBND Fund Description
EBND tracks a market-value-weighted index of fixed-rate, local-currency sovereign debt from emerging-market countries. Holdings must have a year or more remaining in maturity.
EBND Factset Analytics Insight
EBND provides a rather plain-vanilla exposure to emerging-market sovereign debts. The fund tracks a broad, market-value-weighted index of bonds maturing in more than one year that are denominated in local currencies, excluding securities rated B or lower. The exclusion of the ultra-short-term end of the market makes it a relatively incomplete view of the broad market. EBND's market-value weighting scheme means the largest—and generally most liquid—bonds get the heftiest allocations. Nevertheless, institutions are unlikely to get better executions even if they work closely with market makers. In all, EBND is accessible, but due to the nature of the underlying securities it is typically not a viable trading vehicle.
EBND Summary Data
EBND Portfolio Data
EBND Index Data
EBND Portfolio Management
EBND Tax Exposures
EBND Fund Structure
EBND Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EBND. EBND is rated a N/A out of 5.
EBND Sector/Industry Breakdown