Key stats
About SPDR Bloomberg Emerging Markets Local Bond ETF
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Inception date
Feb 23, 2011
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
SSgA Funds Management, Inc.
Distributor
State Street Corp. (Fund Distributor)
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 largestand generally most liquidbonds 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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government99.15%
Cash0.71%
Corporate0.13%
Mutual fund0.01%
Stock breakdown by region
Asia51.27%
Europe19.60%
Latin America14.26%
North America6.20%
Africa4.67%
Middle East4.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history