|Bid||29.23 x 100|
|Ask||29.29 x 100|
|Day's Range||29.19 - 29.28|
|52 Week Range||25.73 - 30.68|
|PE Ratio (TTM)||N/A|
|Expense Ratio (net)||0.46%|
As the emerging market local debt assets (EBND) (ELD) continue to evolve and expand, investors are increasingly looking for opportunities in the space to enhance returns.
During the past two decades, EM (emerging markets) local debt has evolved to become the largest and most liquid debt market within the emerging market bond space.
One bond fund manager worried about global market uncertainty ahead of a wave of fall bond issuance in emerging and frontier markets says he reduced holdings in Argentina and Ecuador, and sold positions in four other countries. David Dowsett, co-head of emerging markets at BlueBay Asset Management, a division of RBC Global Asset Management, manager of the RBC BlueBay Emerging Market Select Bond Fund (RBESX) and RBC BlueBay Diversified Credit Fund (RBTRX), expects that the traditional wave of September new issuance will be robust, due to low U.S. Treasury yields and strong demand for emerging and frontier market bonds.
Yield-hungry investors are exploring other avenues for income in the bond market and that includes emerging markets debt. For example, the iShares J.P. Morgan USD Emerging Markets Bond ETF (NYSEArca: EMB ...
The bull market in bonds just won't quit. Every year in recent memory, the majority of analysts have predicted the end of the rally in bonds, and every year they've been proven wrong.
Big stock market names are betting European and emerging market stocks offer better value than US equities. But they're not talking enough about bonds.
Emerging market bond ETFs denominated in local currencies are among the best-performing fixed-income ETFs year-to-date. They’ve come a long way from the massive hit they faced last November when the U.S. elected Trump as the new president. That sell-off then centered on renewed concerns about inflation, higher rates and a strong dollar under the new administration.
Broad emerging market ETFs have faced a steep correction in recent weeks, triggered largely by the outcome of the U.S. presidential election last month and the ongoing strengthening of the dollar.