Highlights

  • CEMB targets US dollar corporate Debt from emerging markets.
  • The published expense ratio is 0.50%.
  • The fund's distribution frequency is monthly.

iShares J.P. Morgan EM Corporate Bond ETF (Cboe BZX:CEMB) seeks exposure to US dollar corporate debt from emerging markets. With net asset value of USD 43.88 per share as of 2 November 2026, the fund reported net Assets of USD 397,130,741 as of 2 November 2026. Its Investment approach centres on tracking the J.P. Morgan CEMBI Broad Diversified Core Index.

Corporate Borrowers Define the Exposure

The corporate emphasis puts company balance sheets at the centre of this emerging market allocation. Borrowers may operate across different economies, but a shared sensitivity to financing conditions can still connect their bonds. US dollar denomination describes the contractual currency of the debt. It does not remove the business risks arising from the countries where issuers earn Revenue or hold assets.

Portfolio Composition and Exposure

CEMB reported 1,185 holdings as of 2 November 2026. This count describes the portfolio at that date and can change as securities enter or leave the fund. It does not indicate that each position carries the same weight.

The published exposure breakdown as of 2 November 2026 included Industrial at 42.95% and Financial Institutions at 26.22%. These allocations show where a meaningful part of the portfolio's exposure was concentrated. The percentages can change with market values and portfolio adjustments.

Effective duration was 4.21 years as of 2 November 2026, while weighted average Maturity was 7.23 years as of 2 November 2026. Duration indicates sensitivity to Interest Rate changes; maturity describes the timing of principal repayments. These measures address different features of a bond portfolio.

Fees and Distribution Policy

CEMB lists an expense ratio of 0.50%. This is an ongoing fund cost, rather than a charge covering every expense of buying or selling shares. Brokerage charges and the difference between buying and selling prices can add to an investor's transaction costs. Fund shares trade on Cboe BZX at market prices, which may differ from net asset value.

The stated distribution frequency is monthly. That schedule describes the timing framework for payments and does not establish a fixed amount. Distributions depend on the fund's available income and applicable distribution decisions. A cash payment also needs to be considered alongside changes in the value of the investment.

Key Insights

Country conditions, refinancing pressure and weaker corporate cash flows can affect repayment capacity. Dollar debt can become harder to service when an issuer earns mainly in a depreciating local currency. CEMB combines emerging market exposure with corporate Credit analysis, making issuer quality and country concentration central to understanding the portfolio.