ETF Spotlight on iShares JPMorgan USD Emerging Markets Bond (NYSEArca: EMB), part of an ongoing series.
Assets: $3.3 billion.
Objective: The iShares JPMorgan USD Emerging Markets Bond Fund tries to reflect the performance of the JPMorgan EMBI Global Core Index, which is a broad, diverse U.S. dollar denominated emerging markets debt benchmark that follows debt instruments in emerging market countries.
Holdings: The fund holds fixed and floating-rate instruments issued by sovereign and quasi-sovereign entities. Top bond holdings include: Republic of Philippines 4.37%, Federation of Russia 3.75% and Republic of Turkey 3.66%.