This one has been beat up. It’s hard to get income around the word. This ETF has an yield of over 8%. He thinks it is good timing. Relative to high yield bond markets in the US, it offers better risk/return metrics.
This has outperformed bond markets in the west. EM bonds are performing better than western government ones due to increasing credit quality, younger demographics and lower debt in EM markets. Sometimes dividends are paid internally through in increase in NAV and not paid in cash, sometimes externally. The former may be the case here. This is a very good place for income.
(A Top Pick July 22/16. Up 0.91%.) If you look at the developed world, and consider that more than $10 trillion worth of sovereign bonds yield negative rates, where is money going to flow? Emerging markets are moving up the credit scale. They don’t have quantitative easing or negative interest rate policies. Yields are good at around 5%.
Emerging markets have been underperforming for 5 years, and nobody seems to like them. He likes this one for the interesting credit quality. Looking at the world, which is divided roughly between Western markets and emerging markets, all the good things are happening in the emerging-market. Their currencies have been beaten up over the last 5 years, so they are incredibly cheap. Doesn’t think it will be a huge performer, but it will be a stable part of a globally balanced portfolio.
iShares Emerging Markets Local Currency Bond is a American stock, trading under the symbol LEMB-N on the NYSE Arca (LEMB). It is usually referred to as AMEX:LEMB or LEMB-N
In the last year, there was no coverage of iShares Emerging Markets Local Currency Bond published on Stockchase.
iShares Emerging Markets Local Currency Bond was recommended as a Top Pick by on . Read the latest stock experts ratings for iShares Emerging Markets Local Currency Bond.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
0 stock analysts on Stockchase covered iShares Emerging Markets Local Currency Bond In the last year. It is a trending stock that is worth watching.
On 2024-12-13, iShares Emerging Markets Local Currency Bond (LEMB-N) stock closed at a price of $36.58.
(A Top Pick Sep 06/18, Up 10%) He has been becoming more aggressive recently. This is seen as a safe haven during trade wars.