| JPMorgan USD Emerging Markets Bond Fund (EMB) |
The iShares JPMorgan USD Emerging Markets Bond Fund seeks investment results that correspond generally to the price and yield performance, before fees and expenses, of the JPMorgan EMBI Global Core Index.
Fund Inception Date: 12/17/2007
| NAV as of 7/2/2009 | Price as of 7/2/2009 | ||
|---|---|---|---|
| Net Asset Value | $92.09 | Price | $93.74 |
| Change | $-0.14 | Change | $-0.11 |
| Change | -0.16% | Change | -0.12% |
| Profile as of 7/2/2009 | ||||
|---|---|---|---|---|
| Total Net Assets (000) | $267,050 | S&P | ||
| Shares Outstanding | 2,900,000 | Fund Rating | BB | |
| Management Fees | 0.60% | |||
| Acquired Fund Fees & Expenses‡ | 0.00% | |||
| Total Annual Fund Operating Expenses | 0.60% | |||
| Fundamentals | Fund as of 7/1/2009 | Index as of 6/30/2009 |
|---|---|---|
| Number of Holdings | 43 | 124 |
| Weighted Average Maturity | 12.71 yr | N/A |
| Weighted Average Coupon | 7.01% | N/A |
| Effective Duration | 6.78 | N/A |
| Yield | Fund as of 6/30/2009 | Index as of 6/30/2009 |
|---|---|---|
| Distribution Yield | 6.28% | N/A |
| 30-Day SEC Yield | 6.64% | N/A |
| Average Yield to Maturity | 7.44% | 0.00% |
| Top Holdings* (Daily) as of 7/1/2009
View All Holdings | ||||
|---|---|---|---|---|
| % of Fund | Name | Coupon | Maturity | Ratings (Moody's/S&P) |
| 10.78% | RUSSIAN (FEDERATION OF) | 7.50 | 3/31/2030 | Baa2 /BBB |
| 4.56% | PHILIPPINES (REPUBLIC OF THE) | 7.75 | 1/14/2031 | B1 /BB- |
| 4.50% | FEDERAL REP OF BRAZIL A-BOND | 8.00 | 1/15/2018 | Ba1 /BBB- |
| 4.42% | PETRONAS CAPITAL LTD | 7.00 | 5/22/2012 | A1 /A- |
| 4.29% | TURKEY (REPUBLIC OF) | 6.88 | 3/17/2036 | Ba3 /BB- |
| 4.26% | MALAYSIA | 7.50 | 7/15/2011 | A3 /A- |
| 4.17% | SOUTH AFRICA (REPUBLIC OF) | 7.38 | 4/25/2012 | Baa1 /BBB+ |
| 4.05% | TURKEY (REPUBLIC OF) | 7.25 | 3/15/2015 | Ba3 /BB- |
| 3.73% | MEX 5 5/8 01/15/17 | 5.62 | 1/15/2017 | Baa1 /BBB+ |
| 3.31% | INDONESIA REPUBLIC OF (GOVERNMENT) | 6.62 | 2/17/2037 | B1 /BB- |
| Top Sectors as of 7/1/2009 | Trading Information | ||||||||||||||||||||||||||||||||||
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| Quality Ratings as of 7/1/2009 | ||
|---|---|---|
| % of Fund (Moody's) | % of Fund (S&P) | |
| U.S. Gov't/Agency | 0.70 | 0.70 |
| Aaa/AAA | 0.00 | 0.00 |
| Aa1/AA+ | 0.00 | 0.00 |
| Aa2/AA | 0.00 | 0.00 |
| Aa3/AA- | 0.00 | 0.00 |
| A1/A+ | 5.13 | 0.70 |
| A2/A | 0.00 | 0.00 |
| A3/A- | 4.26 | 10.30 |
| Baa1/BBB+ | 14.18 | 12.11 |
| Baa2/BBB | 10.78 | 12.14 |
| Baa3/BBB- | 0.73 | 21.73 |
| Ba1/BB+ | 21.63 | 2.35 |
| Ba2/BB | 0.00 | 3.33 |
| Ba3/BB- | 8.34 | 24.18 |
| B1/B+ | 15.73 | 1.13 |
| B2/B | 4.29 | 0.00 |
| B3/B- | 0.00 | 2.14 |
| Caa1/CCC+ | 0.85 | 1.49 |
| Caa2/CCC | 0.00 | 0.00 |
| Caa3/CCC- | 0.00 | 0.00 |
| Ca/CC | 0.00 | 0.00 |
| C/C | 0.00 | 0.00 |
| CI | - | 0.00 |
| R | - | 0.00 |
| SD | - | 0.00 |
| D | - | 0.00 |
| Other/NR | 13.38 | 7.69 |
| Average | Baa3 | BBB- |
| Maturity as of 7/1/2009 | |
|---|---|
| Years | % of Fund |
| 0-1 | 0.00 |
| 1-5 | 16.15 |
| 5-10 | 34.62 |
| 10-15 | 0.66 |
| 15-20 | 5.82 |
| 20-25 | 16.63 |
| 25 and Over | 23.62 |
| Average | 12.71 yr |
Carefully consider the Funds' investment objectives, risk factors and charges and expenses before investing. This and other information can be found in the Funds' prospectuses, which may be obtained by calling 1-800-iShares (1-800-474-2737) or click here to view or download a prospectus. Read the prospectus carefully before investing.
Investing involves risk, including possible loss of principal.
‡ “Acquired Fund Fees and Expenses” 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. Acquired Fund Fees and Expenses are reflected in the prices of the acquired funds and thus included in the total returns of the Fund.
The iShares Funds ("Funds") are distributed by SEI Investments Distribution Co. (SEI). Barclays Global Fund Advisors (BGFA) serves as the investment advisor to the Funds. BGFA is a subsidiary of Barclays Global Investors, N.A., a majority-owned subsidiary of Barclays Bank PLC, none of which is affiliated with SEI.
Bonds and bond funds will decrease in value as interest rates rise.
In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations.
Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume.
J.P. Morgan is a servicemark of J.P. Morgan Securities Inc. and has been licensed for use by Barclays Global Investors, N.A. iShares Funds are not sponsored, endorsed, issued, sold or promoted by J.P. Morgan. Nor does this company make any representation regarding the advisability of investing in iShares Funds. Index data source: J.P. Morgan.
Shares of iShares Funds are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.
Certain sectors and markets perform exceptionally well based on current market conditions and iShares funds can benefit from that performance. Achieving such exceptional returns involves the risk of volatility and investors should not expect that such results will be repeated.
©2009 Barclays Global Investors. All rights reserved. iShares® is a registered trademark of Barclays Global Investors, N.A.. All other trademarks, servicemarks or registered trademarks are the property of their respective owners.
Investing involves risk, including possible loss of principal.
‡ “Acquired Fund Fees and Expenses” 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. Acquired Fund Fees and Expenses are reflected in the prices of the acquired funds and thus included in the total returns of the Fund.
The iShares Funds ("Funds") are distributed by SEI Investments Distribution Co. (SEI). Barclays Global Fund Advisors (BGFA) serves as the investment advisor to the Funds. BGFA is a subsidiary of Barclays Global Investors, N.A., a majority-owned subsidiary of Barclays Bank PLC, none of which is affiliated with SEI.
Bonds and bond funds will decrease in value as interest rates rise.
In addition to the normal risks associated with investing, international investments may involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles or from economic or political instability in other nations.
Emerging markets involve heightened risks related to the same factors as well as increased volatility and lower trading volume.
J.P. Morgan is a servicemark of J.P. Morgan Securities Inc. and has been licensed for use by Barclays Global Investors, N.A. iShares Funds are not sponsored, endorsed, issued, sold or promoted by J.P. Morgan. Nor does this company make any representation regarding the advisability of investing in iShares Funds. Index data source: J.P. Morgan.
Shares of iShares Funds are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns.
Certain sectors and markets perform exceptionally well based on current market conditions and iShares funds can benefit from that performance. Achieving such exceptional returns involves the risk of volatility and investors should not expect that such results will be repeated.
©2009 Barclays Global Investors. All rights reserved. iShares® is a registered trademark of Barclays Global Investors, N.A.. All other trademarks, servicemarks or registered trademarks are the property of their respective owners.
© Copyright 2009