Filter list by keyword Show All Show Fewer to of Total Sorry, no data available.

EMB

iShares J.P. Morgan USD Emerging Markets Bond ETF

How To Buy

NAV as of Nov 11, 2019 $112.21
52 WK: 102.33 - 115.02
1 Day NAV Change as of Nov 11, 2019 0.05 (0.04%)
NAV Total Return as of Nov 11, 2019 YTD: 13.08% YTD (year to date) is a period, starting from the beginning of the current calendar year, and continuing up to the present day.

Fees as stated in the prospectus Expense Ratio: 0.39%

Overview

Why EMB?

1. Exposure to U.S. dollar-denominated government bonds issued by emerging market countries

2. Access the sovereign debt of 30+ emerging market countries in a single fund

3. Use to seek higher yield and customize your emerging markets allocation

INVESTMENT OBJECTIVE

The iShares J.P. Morgan USD Emerging Markets Bond ETF seeks to track the investment results of an index composed of U.S. dollar-denominated, emerging market bonds.

Next: Previous:

Performance

Returns

Average Annual
Cumulative
Calendar Year

	1y	3y	5y	10y	Incept.
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.	11.38	3.93	5.12	6.13	6.16
Market Price (%) Market price return represents changes to the midpoint price and accounts for distributions from the fund. The midpoint is the average of the bid-ask prices at 4:00 PM ET (when NAV is normally determined for most funds).	11.33	3.85	5.07	5.94	6.15
Benchmark (%) Index: J.P. Morgan EMBI Global Core Index	11.88	4.44	5.66	6.88	6.89
After Tax Pre-Liq. (%) Return after taxes on distributions. Assumes fund shares have not been sold.	8.82	1.82	2.97	4.11	4.13
After Tax Post-Liq. (%) Return after taxes on distributions and sale of fund shares.	6.63	2.04	2.92	3.89	3.92

Missing average annual returns data

	YTD	1m	3m	6m	1y	3y	5y	10y	Incept.
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.	13.30	-0.61	1.43	5.57	11.38	12.25	28.36	81.37	102.43
Market Price (%) Market price return represents changes to the midpoint price and accounts for distributions from the fund. The midpoint is the average of the bid-ask prices at 4:00 PM ET (when NAV is normally determined for most funds).	12.60	-1.02	1.19	5.52	11.33	12.01	28.03	78.01	102.10
Benchmark (%) Index: J.P. Morgan EMBI Global Core Index	13.71	-0.57	1.56	5.85	11.88	13.92	31.67	94.60	119.42
After Tax Pre-Liq. (%) Return after taxes on distributions. Assumes fund shares have not been sold.	11.85	-0.76	0.97	4.56	8.82	5.55	15.77	49.61	61.07
After Tax Post-Liq. (%) Return after taxes on distributions and sale of fund shares.	7.84	-0.36	0.84	3.28	6.63	6.24	15.49	46.41	57.31

Missing cumulative returns data

	2014	2015	2016	2017	2018
Total Return (%) Total return represents changes to the NAV and accounts for distributions from the fund.	6.69	0.43	9.41	9.98	-5.67
Market Price (%) Market price return represents changes to the midpoint price and accounts for distributions from the fund. The midpoint is the average of the bid-ask prices at 4:00 PM ET (when NAV is normally determined for most funds).	5.88	1.07	9.27	10.26	-5.45
Benchmark (%) Index: J.P. Morgan EMBI Global Core Index	7.60	0.81	10.17	10.46	-5.17

Missing calendar year returns data

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.

Growth of Hypothetical $10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Performance chart data not available for display.

Growth of Hypothetical $10,000
Historical NAVs

iShares J.P. Morgan USD Emerging Markets Bond ETF ($)

The Hypothetical Growth of $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted, and numbers may reflect small variances due to rounding. Standardized performance and performance data current to the most recent month end may be found in the Performance section.

Historical NAVs

Historical Prices

Distributions

Ex-Date	Total Distribution	Income

Distributions Schedule

Record Date	Ex-Date	Payable Date	Total Distribution Current year distributions are not classified as “Income,” “Short-Term Capital Gains,” “Long-Term Capital Gains,” or “Return of Capital” until calendar year-end.	Income	ST Cap Gains	LT Cap Gains	Return of Capital

Premium/Discount

They’re simple, convenient and transparent. With all the ways they can be used, we think you stand to benefit.

Learn more Learn more

Key Facts

Net Assets as of Nov 11, 2019 $14,890,921,995

Inception Date Dec 17, 2007

Exchange NASDAQ

Asset Class Fixed Income

Benchmark Index J.P. Morgan EMBI Global Core Index

Bloomberg Index Ticker JPEICORE

Shares Outstanding as of Nov 11, 2019 132,700,000

Number of Holdings The number of holdings in the fund excluding cash positions and derivatives such as futures and currency forwards. as of Nov 11, 2019 477

Premium/Discount The amount the Fund is trading above or below the reported NAV expressed as a percentage of the NAV. When the fund's market price is greater than the fund’s NAV, it is said to be trading at a "Premium" and the percentage is expressed as a positive number. When the fund's market price is less than the fund’s NAV, it is said to be trading at a "Discount" and the percentage is expressed as a negative number. as of Nov 11, 2019 0.05%

CUSIP 464288281

Closing Price as of Nov 11, 2019 112.27

Mid-Point Price The midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 pm eastern time for most funds). as of Nov 11, 2019 112.28

Options Available Yes

20 Day Avg. Volume The average number of shares traded in a security across all U.S. exchanges over the last 20 trading days. as of Nov 12, 2019 3,142,370.75

Daily Volume The number of shares traded in a security across all U.S. exchanges on the date indicated. as of Nov 11, 2019 1,273,478.00

NAIC Designated (Schedule D Eligible)

Portfolio Characteristics

Equity Beta (3y) Beta is a measure of the tendency of securities to move with the market as a whole. A beta of 1 indicates that the security's price will move with the market. A beta less than 1 indicates the security tends to be less volatile than the market, while a beta greater than 1 indicates the security is more volatile than the market.<br/><br/>Calculated vs. S&P 500 as of Oct 31, 2019 0.15

Standard Deviation (3y) Standard deviation measures how dispersed returns are around the average. A higher standard deviation indicates that returns are spread out over a larger range of values and thus, more volatile. as of Oct 31, 2019 6.03%

12m Trailing Yield The yield an investor would have received if they had held the fund over the last twelve months assuming the most recent NAV. The 12-Month yield is calculated by assuming any income distributions over the past twelve months and dividing by the sum of the most recent NAV and any capital gain distributions made over the past twelve months. as of Nov 11, 2019 5.41%

30 Day SEC Yield A standard calculation of yield introduced by the SEC in order to provide fairer comparison among funds. This yield reflects the interest earned after deducting the fund's expenses during the most recent 30-day period by the average investor in the fund. Negative 30-Day SEC Yield results when accrued expenses of the past 30 days exceed the income collected during the past 30 days. as of Nov 11, 2019 4.38%

Weighted Avg Coupon The average coupon rate of the underlying bonds in the fund, weighted by each bond's face value. as of Nov 11, 2019 5.49%

Effective Duration Effective Duration measures the sensitivity of the price of a bond with or without embedded options to changes in interest rates, taking into account the likelihood of the bond being called, put and/or sunk prior to its final maturity date while incorporating after-tax impacts on the bond. The options-based duration model used by BlackRock employs certain assumptions and may differ from other fund complexes. Effective Duration is measured at the individual bond level, aggregated to the portfolio level, and adjusted for leverage, hedging transactions and non-bond holdings, including derivatives. as of Nov 11, 2019 7.90 yrs

Weighted Avg Maturity The average length of time to the repayment of principal for the securities in the fund. This metric considers the likelihood that bonds will be called or prepaid before the scheduled maturity date. as of Nov 11, 2019 12.68 yrs

Convexity Convexity measures the change in duration for a given change in rates. Positive convexity indicates that duration lengthens when rates fall and contracts when rates rise; negative convexity indicates that duration contracts when rates fall and increases when rates rise. as of Nov 11, 2019 0.60

Option Adjusted Spread The weighted average incremental yield earned over similar duration US Treasuries, measured in basis points. This metric considers the likelihood that bonds will be called or prepaid before the scheduled maturity date. as of Nov 11, 2019 280

Average Yield to Maturity The discount rate that equates the present value of a bond’s cash flows with its market price (including accrued interest). The Fund Average Yield to Maturity is the weighted average of the fund’s individual bond holding yields based on Net Asset Value (‘NAV’). The measure does not include fees and expenses. For callable bonds, this yield is the yield-to-worst. as of Nov 11, 2019 4.84%

This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Sustainability Characteristics

ESG metrics help investors evaluate companies based on environmental, social, and governance risks and opportunities — and the companies’ ability to manage them. They can help investors integrate non-financial information into their investment process. Learn more.

MSCI ESG Quality Score The fund's overall MSCI ESG Quality Score measures the ability of underlying holdings to manage key medium- to long-term risks and opportunities arising from environmental, social, and governance factors. The MSCI ESG Quality Score is calculated as the weighted average of the underlying holding's ESG Scores. It is provided on a 0-10 scale, with 0 and 10 being the respective lowest and highest possible fund scores. MSCI rates underlying holdings according to their exposure to 37 industry specific ESG risks and their ability to manage those risks relative to peers. These issuer-level ESG ratings correspond to an issuer-level ESG Score. as of Nov 01, 2019 3.8

MSCI ESG Quality Score - Peer Rank The MSCI ESG Quality Score - Peer Rank is a percentile rank (1-100) that measures how the fund's MSCI ESG Quality Score ranks relative to other funds in the same peer group. as of Nov 01, 2019 57.64%

MSCI ESG % Coverage Percent by weight of a fund's holdings that have ESG Data. as of Nov 01, 2019 93.50%

Fund Lipper Global Classification The fund peer group as defined by the Lipper Global Classification. as of Nov 01, 2019 Bond Emerging Markets Global HC

MSCI Weighted Average Carbon Intensity
(Tons CO2E/$M SALES) The MSCI Weighted Average Carbon Intensity measures a fund's exposure to carbon intensive companies. This figure represents the estimated greenhouse gas emissions per $1 million in sales across the fund’s holdings. The figure is a sum of the normalized security weight multiplied by the security Carbon Intensity. This allows for comparisons between funds of different sizes. as of Nov 01, 2019 1,221.08

Fund Lipper Global Classification Size The number of funds used to calculate the MSCI ESG Quality Score - Peer Rank. This is based on the Lipper Global Classification and reflects the funds that are in the MSCI ESG Fund Metrics coverage universe. as of Nov 01, 2019 314

All data is from MSCI Fund Metrics as of Nov 01, 2019, based on holdings as of Aug 31, 2019.

For newly launched funds, sustainability characteristics are typically available 6 months after launch.

To be included in MSCI ESG Fund Metrics, 65% of the fund’s underlying holdings (excluding cash positions) must be covered by MSCI ESG Research, the fund’s holdings date must be less than one year old, and the fund must have at least ten securities.

Inclusion of Sustainability Characteristics is not indicative of a fund’s investment objective, nor is it an implication that a fund employs an ESG-related portfolio management strategy.

Fees

as of current prospectus

Management Fee	0.39%
Acquired Fund Fees and Expenses Acquired Fund Fees and Expenses (“AFFE”) reflect the Fund's pro rata share of the indirect fees and expenses incurred by investing in one or more acquired funds, such as mutual funds, business development companies, or other pooled investment vehicles. AFFE are reflected in the prices of the acquired funds and thus included in the total returns of the Fund.	0.00%
Foreign Taxes and Other Expenses	0.00%
Expense Ratio As stated in the Fund’s current prospectus.	0.39%

on Sep 30, 2019

Management Fee The Fund’s management fee is subject to breakpoints that are tied to aggregate assets under management across certain groups of iShares ETFs. Breakpoints take effect immediately after asset levels change. On any given day the management fee, and thus the Expense Ratio, may be higher or lower than what is shown in the Fund’s prospectus. For additional information on fees and expenses, please see the Fund’s prospectus.	0.39%
Acquired Fund Fees and Expenses Acquired Fund Fees and Expenses (“AFFE”) reflect the Fund's pro rata share of the indirect fees and expenses incurred by investing in one or more acquired funds, such as mutual funds, business development companies, or other pooled investment vehicles. AFFE are reflected in the prices of the acquired funds and thus included in the total returns of the Fund.	0.00%
Foreign Taxes and Other Expenses	0.00%
Expense Ratio The Expense Ratio reflects the Fund’s management fee, and any applicable acquired fund fees and expenses, and foreign taxes and other expenses, calculated on the date set forth above. On any given day these fees may be higher or lower than what is shown in the Fund's prospectus.	0.39%

as of Nov 11, 2019

Issuer	Weight (%)
QATAR (STATE OF)	3.61
TURKEY (REPUBLIC OF)	3.60
RUSSIAN FEDERATION	3.58
PHILIPPINES (REPUBLIC OF)	3.35
COLOMBIA (REPUBLIC OF)	3.31

Issuer	Weight (%)
BRAZIL FEDERATIVE REPUBLIC OF (GOVERNMENT)	3.17
SAUDI ARABIA (KINGDOM OF)	2.92
INDONESIA (REPUBLIC OF)	2.82
EGYPT (ARAB REPUBLIC OF)	2.77
ECUADOR REPUBLIC OF (GOVERNMENT)	2.67

ISIN	Name	Sector	Location	CUSIP	Asset Class	SEDOL	Market Value	Weight (%)	Price	Maturity	Coupon (%)	Currency	Market Currency	FX Rate	Duration	Notional Value	YTM (%)	Mod. Duration	Yield to Worst (%)	Par Value

Name	Asset Class	Asset Class	Weight (%)	Price	Market Value	Notional Value	Sector	SEDOL	ISIN	Coupon (%)	Maturity	Location	Currency	Market Currency	YTM (%)	Yield to Worst (%)	Duration	Mod. Duration	FX Rate	Par Value

Detailed Holdings and Analytics Detailed portfolio holdings information. Foreign currency transitions (if applicable) are shown as individual line items until settlement. Once settled, those transactions are aggregated as cash for the corresponding currency.

Holdings are subject to change.

Exposure Breakdowns

Geography
Sector
Maturity
Credit Quality

as of Nov 11, 2019

% of Market Value

Type	Fund

Show All Show Fewer

Geographic exposure relates principally to the domicile of the issuers of the securities held in the product, added together and then expressed as a percentage of the product’s total holdings. However, in some instances it can reflect the location where the issuer of the securities carries out much of their business. Bonds are included in US bond indices when the securities are denominated in U.S. dollars regardless of the domicile of the issuer.

as of Nov 11, 2019

% of Market Value

Type	Fund

Show All Show Fewer

as of Nov 11, 2019

% of Market Value

Type	Fund

Show All Show Fewer

The maturity breakdown above is based on Weighted Average Life (WAL). WAL is the average length of time to the repayment of principal for the securities in the fund. This metric considers the likelihood that bonds will be called or prepaid before the scheduled maturity date.

as of Nov 11, 2019

% of Market Value

Type	Fund

Show All Show Fewer

Credit quality ratings on underlying securities of the fund are received from S&P, Moody’s and Fitch and converted to the equivalent S&P major rating category. This breakdown is provided by BlackRock and takes the median rating of the three agencies when all three agencies rate a security the lower of the two ratings if only two agencies rate a security and one rating if that is all that is provided. Unrated securities do not necessarily indicate low quality. Below investment-grade is represented by a rating of BB and below. Ratings and portfolio credit quality may change over time.

Allocations are subject to change.

It took 17 years for global bond ETF assets to reach $1 trillion. BlackRock believes assets will double, to $2 trillion, by 2024.

For financial professionals only

Read why Read why

Price Yield Calculator

The calculator provides clients with an indication of an ETF's yield and duration for a given market price. The ACF Yield is the discount rate that equates the ETF's aggregate cash flows (i.e., the sum of the cash flows of the ETF's holdings) to a given ETF price. The cash flows are based on the yield to worst methodology in which a bond's cash flows are assumed to occur at the call date (if applicable) or maturity, whichever results in the lowest yield for that bond holding. For a given ETF price, this calculator will estimate the corresponding ACF Yield and spread to the relevant government reference security yield. Note that the ACF Yield will differ from the ETF's "Weighted Avg YTM For more information on Aggregate Cash Flow Yield, see info here. The Aggregate Cash Flow (“ACF”) Yield is the discount rate that equates the aggregate cash flows of the ETF's individual fund holdings (specifically the cash flows corresponding to the lower of the yield to call or yield to maturity of a given security) to a stated market price. In contrast, the weighted average yield to maturity is a market value weighted average of the yields of the ETF's individual holdings based on the prior day's net asset value. The ACF Yield allows an investor to compare the yield and spread for varying ETF market prices in order to help understand the impact of intraday market movements. The ACF of the ETF is the sum of the individual bond cash flows “to worst” (i.e. either to call or to maturity, whichever results in the lowest yield for the ETF). The ACF Yield does not make any adjustments based on the cost incurred to acquire an ETF or the impact of the ETF’s management fee.

		As of 11/11/19 These figures are for Yield to Worst
Price		$112.27
Discount rate that equates the present value of the Aggregate Cash Flows using the yield to worst (i.e., the cash flows of the bond to the call date or maturity, whichever results in the lowest yield) for each individual bond holding. Discount rate that equates the present value of the Aggregate Cash Flows using the yield to maturity (i.e., the cash flows of the bond to the final maturity) of each individual bond holding.		5.35%
Modified Duration The modified duration of the "to worst" aggregate cash flows of the fund based on the ACF yield and ETF market price. Unlike Effective Duration, the Modified Duration metric does not account for projected changes in the bond cash flows due to a change in interest rates.		7.70 years
Spread of ACF Yield (5.35%) over 10.00 yr Treasury Yield (1.93%) As of 11/11/19 is + 342 bps The difference of the calculated ACF Yield of the fund and the yield of the relevant U.S. Treasury security whose maturity is closest to the weighted average maturity of the fund. The spread value is updated as of the COB from previous trading day.
Data error, please try again later

Results generated are for illustrative purposes only and are not representative of any specific investments outcome. For standardized performance, please click the ‘returns’ tab above.

Literature

How to Buy iShares ETFs

There are many ways to access iShares ETFs. Learn how you can add them to your portfolio.

Learn More Learn More

Performance

Performance

Returns

Growth of Hypothetical $10,000 The growth of hypothetical $10,000 chart reflects a hypothetical $10,000 investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted.

Distributions

Premium/Discount

Key Facts

Key Facts

Portfolio Characteristics

Portfolio Characteristics

Sustainability Characteristics

Sustainability Characteristics

Fees

Fees

Holdings

Holdings

Exposure Breakdowns

Exposure Breakdowns

Price Yield Calculator

Price Yield Calculator

Literature

Literature

How to Buy iShares ETFs

How to Buy iShares ETFs