Goldman Sachs Access Emerging Markets USD Bond ETF

Frequently Asked Questions About GEMD

What does GEMD invest in?

The fund seeks to invest at least 80% of its assets in securities included in its underlying index. The index is a rules-based index that is designed to measure the performance of investment grade and high yield bonds issued by emerging market governments or quasi-government entities denominated in U.S. dollars (“USD”) that meet certain liquidity, governance and fundamental screening criteria.

What is the expense ratio of GEMD?

Goldman Sachs Access Emerging Markets USD Bond ETF (GEMD) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations.

What is GEMD's dividend yield?

GEMD's trailing-twelve-month yield is 5.77%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of GEMD?

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

What is the credit quality of GEMD?

GEMD'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 GEMD?

Yield to maturity (YTM) is the total return you'd earn from GEMD if every bond in the portfolio is held to maturity at the current price. GEMD'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.