iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Holds 619 Dollar-Denominated Sovereign and Quasi-Sovereign Bonds

Sonal Goyal

27 October 2026 05:28 PM AEDT

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) Holds 619 Dollar-Denominated Sovereign and Quasi-Sovereign Bonds

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Key Highlights

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) had net assets of about $13.00 billion and a NAV of $91.38 as of Oct 26, 2026.
The fund tracks the J.P. Morgan Emerging Markets Bond Index Global Diversified Core with an expense ratio of 0.39%.
Its 30-day SEC yield was 6.56%, with monthly distributions.

The iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) tracks U.S. dollar-denominated emerging market bonds. As of Oct 26, 2026, net assets were about $13.00 billion and NAV was $91.38 per share.

Index and Investment Approach

The fund follows the J.P. Morgan Emerging Markets Bond Index Global Diversified Core and has traded since Dec 17, 2007. It charges 0.39% and pays monthly.

Portfolio Composition

Sovereign debt dominates the 619 holdings. Argentina government bonds account for three of the five largest lines (1.09%, 0.66% and 0.65%), alongside an Ecuador bond (0.76%) and a Ghana bond (0.56%). Effective duration was 6.32 years and the option adjusted spread 204.34 bps.

Yield and Distributions

The fund reported a 30-day SEC yield of 6.56% as of Oct 23, 2026 and a 12-month trailing yield of 5.39%. Distributions are paid monthly. The most recent distribution was $0.443576 per share, with an ex-date of Oct 1, 2026 and payment on Oct 6, 2026. iShares notes that distribution yield and trailing yield can vary from period to period for reasons such as tax treatment and changes in fund shares outstanding.

Portfolio Characteristics

As of Oct 23, 2026 the portfolio held 619 securities. Weighted average coupon was 5.61, weighted average maturity 10.47 years, effective duration 6.32 years and average yield to maturity 7.06%, with an option adjusted spread of 204.34 bps and convexity of 0.70.

Concentration and Holdings Profile

619 securities were held as of Oct 23, 2026. The five largest positions listed on the fund page totalled about 3.72% of assets, leaving roughly 96.28% across the remaining holdings. That is a low level of concentration, with exposure spread thinly across many issuers. iShares notes that holdings are subject to change and that the weights shown are calculated from vendor prices, which may differ from the fund’s own valuation prices.

Fund Details at a Glance

The iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) is an index-based fixed income fund that began trading on Dec 17, 2007. Its benchmark is the J.P. Morgan Emerging Markets Bond Index Global Diversified Core, and it pays distributions monthly. As of Oct 26, 2026 it had 142.3 million shares outstanding and net assets of $13,003,410,424. An annual fee of 0.39% works out to $39 for every $10,000 held, before any brokerage commissions.

Risk Disclosures Noted by iShares

Fixed income risks include interest-rate and credit risk: when interest rates rise, the value of debt securities typically declines, and credit risk is the possibility that an issuer cannot make principal and interest payments. Non-investment-grade debt securities may be subject to greater market fluctuations, risk of default or loss of income and principal than higher-rated securities. International investing involves risks including foreign currency, limited liquidity, less government regulation and the possibility of substantial volatility due to adverse political, economic or other developments, which are often heightened in emerging markets or concentrations of single countries. Shares of ETFs are bought and sold at market price rather than NAV and are not individually redeemed from the fund, and brokerage commissions will reduce returns. Investing involves risk, including possible loss of principal.

Costs and Trading Details

The expense ratio is 0.39%. The fund is listed on Nasdaq with 142.3 million shares outstanding and net assets of $13,003,410,424 as of Oct 26, 2026. The closing price was $91.65 as of Oct 23, 2026, against a NAV of $91.38 on Oct 26, and the premium/discount was 0.14. The 30-day median bid/ask spread was 0.01% and 30-day average volume was 9,617,847 shares.

Final Takeaway

iShares J.P. Morgan USD Emerging Markets Bond ETF (NASDAQ:EMB) reported net assets of about $13.00 billion and 619 holdings, with its index, fees and distribution schedule as set out above. The monthly distribution schedule, 0.39% expense ratio and 0.01% median bid/ask spread are the main cost and income details reported for the fund.

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