ELD

WisdomTree Emerging Markets Local Debt Fund
C

--
*Unless otherwise stated, data provided by FactSet.

ELD Fund Description

ELD is actively managed and invests in both investment- and noninvestment-grade government and corporate bonds denominated in local currencies.

ELD Factset Analytics Insight

ELD is an actively-managed fund that picks and chooses among all types of debt—sovereign and corporate—issued in over 10 different emerging markets. Thanks to its active structure, ELD's portfolio tilts are fluid: country and currency exposure will ebb and flow. The strategy aims to provide broad coverage of emerging debt markets, so country weightings are capped at 20%. The portfolio aims to have an effective duration of between 2 to 10 years, meaning longer-term debt is largely outside its purview. It's worth noting that the fund uses currency forwards to improve liquidity when trading illiquid securities. The fund sees sizeable daily trading volume with small spreads, but underlying liquidity is inconsistent and may cause issues with block trades. The fund charges a lower fee than many actively-managed ETFs, but one that is still high for an ex-US debt ETF. One word of caution: ELD owns derivatives, which opens investors up to potential counterparty risk.

ELD MSCI ESG Analytics Insight

WisdomTree Emerging Markets Local Debt Fund has an MSCI ESG Fund Rating of BBB based on a score of 4.93 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. WisdomTree Emerging Markets Local Debt Fund ranks in the 39th percentile within its peer group and in the 81st percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.

ELD CHARTS AND PERFORMANCE

Price Chart ($)
Total Return Chart (%)
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
  • 1 Month
  • 3 Months
  • YTD
  • 1 Year
  • 3 Years
  • 5 Years
  • Max
COMPARE
RESET
Select ETFs to compare their performance:
PERFORMANCE [as of 08/21/19] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
ELD -3.68% 4.60% 6.70% 10.50% 1.69% -0.92% --
ELD (NAV) -3.31% 4.70% 6.94% 10.41% 1.68% -1.00% --
No Underlying Index -- -- -- -- -- -- --
N/A -- -- -- -- -- -- --
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

ELD Summary Data

WisdomTree
08/09/10
Open-Ended Fund
0.55%
$197.67M
$1.86M
0.35%

ELD Portfolio Data

--
--
--
08/27/19
3

ELD Index Data

No Underlying Index
Proprietary
Proprietary
N/A

ELD Portfolio Management

0.55%
--
--
--

ELD Tax Exposures

20.00% / 39.60%
--
Ordinary income
No

ELD Fund Structure

Open-Ended Fund
Yes
No
75% / 25%
N/A
N/A
Low
Daily
Cboe Book Viewer
TOP OF BOOK
LAST 10 TRADES
Bats BZX Real-time Quote -
Daily Spread
Premium/Discount
Volume

ELD Factset Analytics Block Liquidity

As of 08/22/19
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of ELD. ELD is rated a N/A out of 5.

ELD Tradability

52,409
$1.86M
33,492
$1.18M
0.35%
$0.13
-0.11%
0.89% / -0.98%
None
39.48%
100,000
0.33
0.04%
--
11
$34.77
N/A

ELD Top 10 Holdings

8.10%
1.71%
0.24%
10.05%

ELD Performance Statistics

--
--
--
--
--

ELD MSCI ESG Ratings

BBB
4.93 / 10
81.42
38.64
--
--
3.92

ELD HOLDINGS STATISTICS

--
--
--
--
--
3
--

ELD AVG LIFE MATURITY DISTRIBUTION

--
--
--
--
--
--
--

ELD OAS BREAKDOWN

--
--
--
--
--
--
--
--
--
--