The case for a passive approach to investing in local-currency-denominated emerging-markets government debt looks compelling, and iShares JPMorgan Emerging Markets Local Government Bond ETF stands as an interesting option. The compounding benefits of low fees and the diversification of issuers at the portfolio level should help it deliver returns above the category average over the long term.
iShares JPMorgan EM Lcl Govt Bd ETF$Dist IEML
Morningstar’s Analysis IEML
Will IEML outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 12.2
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Secretaria Tesouro Nacional 0% | 1.65 | 65.9 Mil | Government |
Secretaria Tesouro Nacional 10% | 1.40 | 55.9 Mil | Government |
Secretaria Tesouro Nacional 0% | 1.39 | 55.4 Mil | Government |
South Africa (Republic of) 10.5% | 1.31 | 52.4 Mil | Government |
Secretaria Tesouro Nacional 10% | 1.18 | 47.2 Mil | Government |
South Africa (Republic of) 8% | 1.15 | 45.8 Mil | Government |
Mexico (United Mexican States) 5.75% | 1.11 | 44.4 Mil | Government |
South Africa (Republic of) 8.75% | 1.09 | 43.4 Mil | Government |
Secretaria Tesouro Nacional 10% | 1.04 | 41.5 Mil | Government |
Mexico (United Mexican States) 7.75% | 0.99 | 39.6 Mil | Government |