SPDR Bloomberg Emerging Markets Local Bond ETF

Frequently Asked Questions About EBND

What does EBND invest in?

The SPDR Bloomberg Emerging Markets Local Bond ETF (EBND) aims to replicate the price and yield performance of the Bloomberg EM Local Currency Government Diversified Index, before considering fees and expenses. This fund provides investors with exposure to fixed-rate government debt issued by developing nations, denominated in their respective local currencies. The underlying index includes sovereign bonds, also in local currencies, from both highly-rated and lower-rated emerging market countries globally (excluding the U.S.), as long as they have at least one year remaining until maturity. The index undergoes rebalancing on the final business day of every month.

What is the expense ratio of EBND?

SPDR Bloomberg Emerging Markets Local Bond ETF (EBND) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations.

What is EBND's dividend yield?

EBND's trailing-twelve-month yield is 5.90%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of EBND?

Effective duration measures EBND's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. EBND's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of EBND?

EBND's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of EBND?

Yield to maturity (YTM) is the total return you'd earn from EBND if every bond in the portfolio is held to maturity at the current price. EBND's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.