iShares J.P. Morgan EM Local Currency Bond ETF

Frequently Asked Questions About LEMB

What does LEMB invest in?

This iShares J.P. Morgan exchange-traded fund (ETF) is engineered to mirror the investment performance of an underlying index. This index is specifically composed of government bonds originating from developing economies, with the key characteristic that these bonds are issued in the native currencies of those nations.

What is the expense ratio of LEMB?

iShares J.P. Morgan EM Local Currency Bond ETF (LEMB) charges an expense ratio of 0.30%. This is the annual fee deducted from fund assets to cover management and operations.

What is LEMB's dividend yield?

LEMB's trailing-twelve-month yield is 3.59%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of LEMB?

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

What is the credit quality of LEMB?

LEMB'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 LEMB?

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