State Street® SPDR® Bloomberg Emerging Markets Local Bond ETF EBND

Medalist Rating as of | See State Street Investment Hub

Morningstar’s Analysis EBND

Will EBND outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

Senior Principal Jose Garcia-Zarate

Jose Garcia-Zarate

Senior Principal

Summary

Diversified access to local-currency emerging-markets bond issuers. The basket has a quality tilt. The case for a passive approach to investing in local-currency-denominated emerging-markets government debt has merit for investors with a long-term horizon, and this State Street exchange-traded fund stands as a solid strategy. The compound benefits of broad diversification and higher average credit quality of the ETF´s portfolio relative to other passive peers are points we value. However, there are cheaper passive options in the category, particularly in traditional index funds, and this partly erodes this fund's competitive edge.

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Portfolio Holdings EBND

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 6.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Secretaria Do Tesouro Nacional 10%

0.76 17M
Government

Secretaria Do Tesouro Nacional 10%

0.72 16M
Government

Mexico (United Mexican States) 8.5%

0.67 15M
Government

South Africa (Republic of) 8.75%

0.62 14M
Government

Mexico (United Mexican States) 7.75%

0.61 14M
Government

South Africa (Republic of) 9%

0.57 13M
Government

Colombia (Republic Of) 13.25%

0.57 13M
Government

Mexico (United Mexican States) 7.75%

0.56 13M
Government

Peru (Republic Of) 6.9%

0.55 12M
Government

South Africa (Republic of) 8.5%

0.55 12M
Government

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