NAV drops 2 cents yesterday, but stock price down 40 cents. Either someone is dumping or we are being shorted. Can't see any great change in actual currency exchange rates, or in bond prices, so NAV should repeat the same pattern today. Good buying opportunity to pick up some ELD at a discount to NAV.
even if it's an ETF a small discount to NAV when emerging markets are getting hammered by rising political and inflation risks in certain areas of the world is natural. I think the next couple of months will provide an attractive entry point under 50