EMB
EMB
Notice Regarding Recent Distribution: On Dec. 18, 2018, iShares declared regularly scheduled year-end tax-adjustment distributions for certain U.S.-listed iShares ETFs. The iShares Emerging Market USD Emerging Markets Bond ETF (EMB) reported a distribution of $1.29, higher than the $0.45 distribution in November 2018 and $0.37 in mid-December 2017.
• The larger size of the most recent distribution relates to the treatment of Venezuela government and related bonds that defaulted in 2017.
• For tax purposes, EMB distributed the interest income on such defaulted bonds consistent with RIC requirements.
Notice Regarding Recent Distribution: On Dec. 18, 2018, iShares declared regularly scheduled year-end tax-adjustment distributions for certain U.S.-listed iShares ETFs. The iShares Emerging Market USD Emerging Markets Bond ETF (EMB) reported a distribution of $1.29, higher than the $0.45 distribution in November 2018 and $0.37 in mid-December 2017.
• The larger size of the most recent distribution relates to the treatment of Venezuela government and related bonds that defaulted in 2017.
• For tax purposes, EMB distributed the interest income on such defaulted bonds consistent with RIC requirements.
1y | 3y | 5y | 10y | Incept. | |
---|---|---|---|---|---|
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund. | -5.67 | 4.31 | 3.99 | 7.25 | 5.40 |
Market Price (%) Market price return represents changes to the midpoint price and accounts for distributions from the fund. The midpoint is the average of the bid-ask prices at 4:00 PM ET (when NAV is normally determined for most funds). | -5.45 | 4.44 | 4.04 | 6.38 | 5.44 |
Benchmark (%) Index: J.P. Morgan EMBI Global Core Index | -5.17 | 4.89 | 4.59 | 8.05 | 6.14 |
After Tax Pre-Liq. (%) Return after taxes on distributions. Assumes fund shares have not been sold. | -7.75 | 2.15 | 1.88 | 5.18 | 3.36 |
After Tax Post-Liq. (%) Return after taxes on distributions and sale of fund shares. | -3.34 | 2.37 | 2.12 | 4.86 | 3.34 |
YTD | 1m | 3m | 6m | 1y | 3y | 5y | 10y | Incept. | |
---|---|---|---|---|---|---|---|---|---|
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund. | -5.67 | 1.40 | -1.70 | 0.63 | -5.67 | 13.50 | 21.63 | 101.35 | 78.66 |
Market Price (%) Market price return represents changes to the midpoint price and accounts for distributions from the fund. The midpoint is the average of the bid-ask prices at 4:00 PM ET (when NAV is normally determined for most funds). | -5.45 | 1.91 | -1.14 | 1.08 | -5.45 | 13.92 | 21.91 | 85.62 | 79.48 |
Benchmark (%) Index: J.P. Morgan EMBI Global Core Index | -5.17 | 1.40 | -1.61 | 0.85 | -5.17 | 15.40 | 25.17 | 116.89 | 92.96 |
After Tax Pre-Liq. (%) Return after taxes on distributions. Assumes fund shares have not been sold. | -7.75 | 0.71 | -2.71 | -0.90 | -7.75 | 6.59 | 9.77 | 65.64 | 44.01 |
After Tax Post-Liq. (%) Return after taxes on distributions and sale of fund shares. | -3.34 | 0.83 | -1.00 | 0.38 | -3.34 | 7.27 | 11.05 | 60.68 | 43.65 |
2014 | 2015 | 2016 | 2017 | 2018 | |
---|---|---|---|---|---|
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund. | 6.69 | 0.43 | 9.41 | 9.98 | -5.67 |
Market Price (%) Market price return represents changes to the midpoint price and accounts for distributions from the fund. The midpoint is the average of the bid-ask prices at 4:00 PM ET (when NAV is normally determined for most funds). | 5.88 | 1.07 | 9.27 | 10.26 | -5.45 |
Benchmark (%) Index: J.P. Morgan EMBI Global Core Index | 7.60 | 0.81 | 10.17 | 10.46 | -5.17 |
Ex-Date | Total Distribution | Income |
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Management Fee | 0.40% |
Acquired Fund Fees and Expenses Acquired Fund Fees and Expenses (“AFFE”) reflect the Fund's pro rata share of the indirect fees and expenses incurred by investing in one or more acquired funds, such as mutual funds, business development companies, or other pooled investment vehicles. AFFE are reflected in the prices of the acquired funds and thus included in the total returns of the Fund. | 0.00% |
Foreign Taxes and Other Expenses | 0.00% |
Expense Ratio As stated in the Fund’s current prospectus. | 0.40% |
Issuer | Weight (%) |
---|---|
TURKEY (REPUBLIC OF) | 3.72 |
PHILIPPINES (REPUBLIC OF) | 3.48 |
RUSSIAN FEDERATION | 3.48 |
COLOMBIA (REPUBLIC OF) | 3.45 |
ARGENTINA REPUBLIC OF GOVERNMENT | 3.22 |
Issuer | Weight (%) |
---|---|
BRAZIL FEDERATIVE REPUBLIC OF (GOVERNMENT) | 3.18 |
DOMINICAN REPUBLIC (GOVERNMENT) | 2.93 |
INDONESIA (REPUBLIC OF) | 2.90 |
EGYPT (ARAB REPUBLIC OF) | 2.88 |
ECUADOR REPUBLIC OF (GOVERNMENT) | 2.85 |
ISIN | Name | Sector | Country | CUSIP | Asset Class | SEDOL | Market Value | Weight (%) | Price | Maturity | Coupon (%) | Currency | Market Currency | FX Rate | Duration | Notional Value | YTM (%) | Mod. Duration | Yield to Call (%) | Yield to Worst (%) | Par Value |
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Name | Asset Class | Asset Class | Weight (%) | Price | Market Value | Notional Value | Sector | SEDOL | ISIN | Coupon (%) | Maturity | Country | Currency | Market Currency | YTM (%) | Yield to Call (%) | Yield to Worst (%) | Duration | Mod. Duration | FX Rate | Par Value |
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The calculator provides clients with an indication of an ETF's yield and duration for a given market price. The ACF Yield is the discount rate that equates the ETF's aggregate cash flows (i.e., the sum of the cash flows of the ETF's holdings) to a given ETF price. The cash flows are based on the yield to worst methodology in which a bond's cash flows are assumed to occur at the call date (if applicable) or maturity, whichever results in the lowest yield for that bond holding. For a given ETF price, this calculator will estimate the corresponding ACF Yield and spread to the relevant government reference security yield. Note that the ACF Yield will differ from the ETF's "Weighted Avg YTM For more information on Aggregate Cash Flow Yield, see info here. The Aggregate Cash Flow (“ACF”) Yield is the discount rate that equates the aggregate cash flows of the ETF's individual fund holdings (specifically the cash flows corresponding to the lower of the yield to call or yield to maturity of a given security) to a stated market price. In contrast, the weighted average yield to maturity is a market value weighted average of the yields of the ETF's individual holdings based on the prior day's net asset value. The ACF Yield allows an investor to compare the yield and spread for varying ETF market prices in order to help understand the impact of intraday market movements. The ACF of the ETF is the sum of the individual bond cash flows “to worst” (i.e. either to call or to maturity, whichever results in the lowest yield for the ETF). The ACF Yield does not make any adjustments based on the cost incurred to acquire an ETF or the impact of the ETF’s management fee.
Results generated are for illustrative purposes only and are not representative of any specific investments outcome. For standardized performance, please click the ‘returns’ tab above.