Fixed Income

LEMB

iShares J.P. Morgan EM Local Currency Bond ETF

Overview

Important Information: Capital at Risk. The value of investments and the income from them can fall as well as rise and are not guaranteed. Investors may not get back the amount originally invested.
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Performance

Performance

Growth of Hypothetical 10,000

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Distributions

Record Date Ex-Date Payable Date
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  From
31-Mar-2019
To
31-Mar-2020
From
31-Mar-2020
To
31-Mar-2021
From
31-Mar-2021
To
31-Mar-2022
From
31-Mar-2022
To
31-Mar-2023
From
31-Mar-2023
To
31-Mar-2024
Total Return (%)

as of Mar 31, 2024

-10.63 13.40 -9.38 -2.02 1.75
Benchmark (%)

as of Mar 31, 2024

-10.21 13.53 -9.13 -1.50 0.83
  1Y 3Y 5Y 10y Incept.
1.75 -3.33 -1.75 -1.46 -0.62
Benchmark (%) 0.83 -3.36 -1.65 -1.09 -0.26
  YTD 1m 3M 6M 1Y 3Y 5Y 10y Incept.
-1.78 -0.07 -1.78 4.76 1.75 -9.66 -8.45 -13.72 -7.47
Benchmark (%) -2.87 -0.04 -2.87 2.19 0.83 -9.75 -7.99 -10.34 -3.17
  2019 2020 2021 2022 2023
Total Return (%) 6.70 2.67 -10.01 -10.50 7.68
Benchmark (%) 6.84 3.25 -9.72 -10.33 8.28
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

 

Effective January 14, 2021, all iShares fixed income ETFs will migrate from using 3pm ET security prices to 4pm ET security prices in the NAV calculation. This change does not affect the investment strategies or liquidity of iShares ETFs, but may result in temporary tracking error as the index is currently using 3pm security prices.

Key Facts

Key Facts

Net Assets of Fund
as of May 24, 2024
USD 429,462,354
Exchange
NYSE Arca
Asset Class
Fixed Income
Bloomberg Index Ticker
GBIE1545
Distribution Frequency
Annual
Domicile
United States
Closing Price US
36.35
Volume - 1d US
as of May 24, 2024
19,225.00
Fund Inception Date
Oct 18, 2011
Base Currency
USD
Benchmark Index
J.P. Morgan GBI-EM Global Diversified 15% Cap 4.5% Floor Index
ISIN
US4642865178
Use of Income
Distributing
CUSIP
464286517
30 Day Avg. Volume US
45,412.00

Portfolio Characteristics

Portfolio Characteristics

Number of Holdings
as of May 24, 2024
331
12m Trailing Yield
as of May 23, 2024
1.35%
Average Yield to Maturity
as of May 24, 2024
7.56%
Weighted Avg Maturity
as of May 24, 2024
7.02 yrs
Convexity
as of May 24, 2024
0.44
Equity Beta (3y)
as of Apr 30, 2024
0.29
Standard Deviation (3y)
as of Apr 30, 2024
8.82%
Weighted Avg Coupon
as of May 24, 2024
6.18
Effective Duration
as of May 24, 2024
4.91 yrs
Option Adjusted Spread
as of May 24, 2024
60

Sustainability Characteristics

Sustainability Characteristics

Sustainability Characteristics provide investors with specific non-traditional metrics. Alongside other metrics and information, these enable investors to evaluate funds on certain environmental, social and governance characteristics. Sustainability Characteristics do not provide an indication of current or future performance nor do they represent the potential risk and reward profile of a fund. They are provided for transparency and for information purposes only. Sustainability Characteristics should not be considered solely or in isolation, but instead are one type of information that investors may wish to consider when assessing a fund.

This fund does not seek to follow a sustainable, impact or ESG investment strategy. The metrics do not change the fund’s investment objective or constrain the fund’s investable universe, and there is no indication that a sustainable, impact or ESG investment strategy will be adopted by the fund. For more information regarding the fund's investment strategy, please see the fund's prospectus.

Review the MSCI methodologies behind Sustainability Characteristics using the links below.

MSCI ESG Fund Rating (AAA-CCC)
as of May 19, 2024
BBB
MSCI ESG Quality Score (0-10)
as of May 19, 2024
4.56
Fund Lipper Global Classification
as of May 19, 2024
Bond Emerging Markets Global LC
MSCI Weighted Average Carbon Intensity (Tons CO2E/$M SALES)
as of -
-
MSCI ESG % Coverage
as of May 19, 2024
99.08
MSCI ESG Quality Score - Peer Percentile
as of May 19, 2024
37.12
Funds in Peer Group
as of May 19, 2024
264
MSCI Weighted Average Carbon Intensity % Coverage
as of May 19, 2024
0.00
All data is from MSCI ESG Fund Ratings as of May 19, 2024, based on holdings as of Apr 30, 2024. As such, the fund’s sustainable characteristics may differ from MSCI ESG Fund Ratings from time to time.

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities.

Fees

Fees

as of current prospectus
Management Fee 0.30
Acquired Fund Fees and Expenses 0.00
Foreign Taxes and Other Expenses 0.00
Expense Ratio 0.30

Holdings

Holdings

as of May 24, 2024
Issuer Weight (%)
CHINA PEOPLES REPUBLIC OF (GOVERNMENT) 14.69
MEXICO (UNITED MEXICAN STATES) (GOVERNMENT) 7.23
INDONESIA (REPUBLIC OF) 6.35
MALAYSIA (GOVERNMENT) 5.85
BRAZIL FEDERATIVE REPUBLIC OF (GOVERNMENT) 5.62
Issuer Weight (%)
THAILAND KINGDOM OF (GOVERNMENT) 5.00
CHILE (REPUBLIC OF) 4.69
SOUTH AFRICA (REPUBLIC OF) 4.65
HUNGARY (GOVERNMENT) 4.54
CZECH REPUBLIC 4.52
Name Sector Asset Class Market Value Weight (%) Notional Value Par Value CUSIP ISIN SEDOL Price Location Exchange Currency Duration YTM (%) FX Rate Maturity Coupon (%) Mod. Duration Yield to Call (%) Yield to Worst (%) Real Duration Real YTM (%) Market Currency Accrual Date Effective Date
Holdings are subject to change



The values shown for “market value,” “weight,” and “notional value” (the “calculated values”) are based off of a price provided by a third-party pricing vendor for the portfolio holding and do not reflect the impact of systematic fair valuation (“the vendor price”). The vendor price is not necessarily the price at which the Fund values the portfolio holding for the purposes of determining its net asset value (the “valuation price”). Holdings data shown reflects the investment book of record, which may differ from the accounting book of record used for the purposes of determining the Net Assets of the Fund. Additionally, where applicable, foreign currency exchange rates with respect to the portfolio holdings denominated in non-U.S. currencies for the valuation price will be generally determined as of the close of business on the New York Stock Exchange, whereas for the vendor price will be generally determined as of 4 p.m. London. The calculated values may have been different if the valuation price were to have been used to calculate such values. The vendor price is as of the most recent date for which a price is available and may not necessarily be as of the date shown above.

Please see the “Determination of Net Asset Value” section of each Fund’s prospectus for additional information on the Fund’s valuation policies and procedures.

Exposure Breakdowns

Exposure Breakdowns

as of May 24, 2024

% of Market Value

Type Fund
as of May 24, 2024

% of Market Value

Type Fund
Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the location where the issuer of the securities carries out much of their business.
as of May 24, 2024

% of Market Value

Type Fund
The maturity breakdown above is based on Weighted Average Life (WAL). WAL is the average length of time to the repayment of principal for the securities in the fund. This metric considers the likelihood that bonds will be called or prepaid before the scheduled maturity date.

as of May 24, 2024

% of Market Value

Type Fund
as of May 24, 2024

% of Market Value

Type Fund
Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security, the lower of the two ratings if only two agencies rate a security, and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.
Allocations are subject to change.

Listings

Listings

Exchange Ticker Currency Listing Date SEDOL Bloomberg Ticker
NYSE Arca LEMB USD Oct 20, 2011 - LEMB
Bolsa Mexicana De Valores LEMB MXN Oct 20, 2011 B7SFDJ5 LEMB* MM
Santiago Stock Exchange LEMB CLP Nov 15, 2021 BMHVX11 -

Literature

Literature