Key stats
About BondBloxx JP Morgan USD Emerging Markets 1-10 Year Bond ETF
Home page
Inception date
Jun 30, 2022
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
Bondbloxx Investment Management Corp.
Distributor
Foreside Fund Services LLC
XEMD provides exposure to a basket of emerging market sovereign and quasi-sovereign bonds denominated in USD. The underlying index will include both investment-grade and high-yield securities with 1 to 10 years until maturity. Eligible countries must pass certain economic criteria. Convertible bonds are not eligible. By holding USD-denominated rather than local-currency debt, the fund eliminates direct currency risk for US investors but increases credit risk, as the strengthening dollar or weakening local currency could make debt harder to service. Each issuer must have at least USD 500 million outstanding, and bonds need at least 2.5 years remaining to maturity. The underlying index is market value-weighted and is rebalanced monthly on the last business day of the month.
Classification
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government80.30%
Corporate18.21%
Cash1.49%
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