EMBD


Emerging Markets Bond ETF Active

Fund Summary

The Global X Emerging Markets Bond ETF (EMBD) is an actively managed fund sub-advised by Mirae Asset Global Investments (USA) LLC that seeks a high level of total return, consisting of both income and capital appreciation, by investing in emerging market debt. EMBD primarily invests in emerging market debt securities denominated in U.S. dollars, however, the Fund may also invest in those denominated in applicable local foreign currencies. Securities may include fixed-rate and floating-rate debt instruments issued by sovereign, quasi-sovereign, and corporate entities from emerging market countries.

EMBD’s portfolio managers incorporate both top-down macro views consistent with the firm’s Investment Committee and bottom-up fundamental research to evaluate the investment attractiveness of select countries and companies that are believed to offer superior risk-adjusted returns. The portfolio managers determine country allocation primarily based on economic indicators, industry structure, terms of trade, political environment and geopolitical issues.  In addition, the portfolio managers conduct relative valuation analysis on sovereign and corporate issues to tactically identify potential opportunities to enhance the Fund’s risk-adjusted returns. The portfolio managers may dynamically adjust the top-down and bottom-up strategies of the Fund to better reflect market developments.

Fund Objective

The Global X Emerging Markets Bond ETF (EMBD) seeks a high level of total return consisting of both income and capital appreciation.

Why EMBD?

Experienced Portfolio Managers

EMBD’s portfolio managers have extensive track records in actively-managed emerging market debt strategies.

Competitive Cost

At a 0.39% Total Expense Ratio, EMBD offers the outperformance potential and risk management of active portfolio managers, at a competitive cost.

High Yield Potential

By targeting emerging market debt securities, EMBD aims to offer high yields with low correlations to other fixed income securities.

Fund Details As of 04/15/21

Key Facts

Ticker EMBD
Inception Date 06/01/20
CUSIP 37954Y350
ISIN US37954Y3505
Bloomberg IOPV Ticker EMBDIV
Primary Exchange NYSE Arca
Number of Holdings 222

Stats & Fees

Net Assets $106,413,049
Net Asset Value (NAV) $26.60
Shares Outstanding 4,000,000
Total Expense Ratio 0.39%

Distributions

30-Day SEC Yield 2.93%
Distribution Frequency Monthly

Fund Prices As of 04/15/21

NAV $26.60 Daily Change $0.11 0.40%
Market Price $26.82 Daily Change $0.25 0.94%
30-Day Median Bid-Ask Spread 0.19%

Performance History

As of recent month & quarter-end (03/31/21)
Fund NAV Market Price Benchmark
Year-to-Date -3.95% -4.08% -5.28%
1 Month -0.97% -0.48% -1.07%
3 Months -3.95% -4.08% -5.28%
Since Inception 9.68% 10.11% 6.01%
Year-to-Date -3.95% -4.08% -5.28%
1 Month -0.97% -0.48% -1.07%
3 Months -3.95% -4.08% -5.28%
Since Inception 9.68% 10.11% 6.01%

Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.

The performance data quoted represents past performance. Past performance does not guarantee future results. The 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 their original cost and current performance may be lower or higher than the performance quoted. High short-term performance of the Fund, when observed, is unusual and investors should not expect such performance to be repeated.

Fund Characteristics As of 04/16/21

Macauley Duration 9.8 Years
Yield to Maturity 4.60%
Issuer Type Breakdown
Government 57.18%
Corporate 36.26%
Other 6.56%

Source: AltaVista Research, LLC

Top Holdings As of 04/16/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
1.70 FABUH Float 08/08/23 BJX8J62 1.00 1,800,000 1,808,100.00
1.66 CASH 1.00 1,766,686 1,766,685.55
1.23 ESKOM 6.35 08/10/28 BF2F610 1.10 1,200,000 1,314,240.00
1.18 QATAR 4.817 03/14/49 BH3JG26 1.25 1,000,000 1,253,994.00
1.14 EIBKOR Float 04/27/23 BMV7285 1.02 1,200,000 1,219,536.00
1.07 OMAN 7 3/8 10/28/32 BN4LSF0 1.14 1,000,000 1,141,400.00
0.99 NGERIA 6 1/2 11/28/27 BF2RB55 1.06 1,000,000 1,055,892.00
0.98 PENOMX 4 3/4 08/06/50 BLD5008 1.05 1,000,000 1,048,750.00
0.96 TENGIZ 3 1/4 08/15/30 BLCBBX7 1.02 1,000,000 1,020,000.00
0.95 MS Float 10/24/23 BYQ74P5 1.02 1,000,000 1,017,316.93
0.94 GS Float 02/23/23 BD1DDF4 1.01 1,000,000 1,007,500.38
0.94 KDB Float 02/18/23 BK52BS5 1.00 1,000,000 1,001,545.93
0.94 T 0 1/8 05/31/22 BLB6SN2 1.00 1,000,000 1,000,273.44
0.94 T 0 1/8 02/28/23 BLKH0W9 1.00 1,000,000 999,335.94
0.93 CHIPEC 0 01/25/28 BMH58C9 0.83 1,200,000 990,000.00
0.91 OCPMR 6 7/8 04/25/44 BLT1XS9 1.22 800,000 974,616.00
0.89 SGCAZE 6 7/8 03/24/26 BD05CV0 1.19 800,000 954,432.00
0.89 INDTLL 5 1/2 08/19/24 BMBNL08 0.95 1,000,000 953,000.00
0.88 SHJGOV 4 3/8 03/10/51 BMV3380 0.94 1,000,000 937,660.00
0.85 REPHUN 5 3/8 03/25/24 BKX4SH1 1.13 800,000 907,920.00
0.85 REPHUN 5 3/4 11/22/23 BGM1BT8 1.13 800,000 904,368.00
0.84 OMAN 6 3/4 10/28/27 BMYVTK5 1.12 800,000 899,000.00
0.80 QNBK Float 05/02/22 BGRX6J4 1.00 850,000 852,259.30
0.80 OMAN 6 08/01/29 BHNV376 1.06 800,000 851,184.00
0.80 AITOCU 6 11/18/48 BFFJQR5 1.07 792,819 850,298.89
0.80 SOAF 4.85 09/27/27 BD35XS1 1.06 800,000 848,000.00
0.79 ARAMCO 2 7/8 04/16/24 BK0MNZ1 1.06 800,000 844,636.63
0.79 IVYCST 6 1/8 06/15/33 BYW5KQ6 1.05 800,000 840,112.00
0.78 CDEL 3 09/30/29 BKPGX25 1.04 800,000 831,069.77
0.76 MS Float 05/08/24 BYWC119 1.02 800,000 813,057.00
0.74 PEMEX 7.69 01/23/50 BMYVTL6 0.99 800,000 788,056.00
0.74 T 0 3/8 11/30/25 BLH34N9 0.98 800,000 786,218.75
0.74 MOROC 2 3/8 12/15/27 BMHCD58 0.98 800,000 784,256.00
0.73 KWIPKK 4.229 10/29/26 BKPTPX9 0.97 800,000 779,400.00
0.73 EGYPT 5 7/8 02/16/31 BLH1TJ4 0.97 800,000 776,596.80
0.70 EGYPT 8 7/8 05/29/50 BMQC081 1.07 700,000 748,833.40
0.65 INTLWT 5.95 12/15/39 BF19226 1.16 600,000 693,840.00
0.64 PARGUY 4.95 04/28/31 BL6FQ07 1.14 600,000 686,400.00
0.64 DOMREP 6.85 01/27/45 BV0L861 1.14 600,000 682,860.00
0.64 MEX 4 3/4 04/27/32 BMXPS56 1.13 600,000 677,700.00
0.63 EQPTRC 5 05/18/25 BMFHGX4 1.12 600,000 669,750.00
0.63 MEX 5 04/27/51 BMXPS67 1.11 600,000 667,830.00
0.62 RUSSIA 4 3/8 03/21/29 BD4B195 1.11 600,000 666,000.00
0.62 ROMANI 4 7/8 01/22/24 BJ3VGH1 1.11 600,000 665,640.00
0.62 MOROC 4 12/15/50 BMHFZL7 0.94 700,000 660,371.60
0.62 PKSTAN 8 1/4 04/15/24 BLMP1Z1 1.10 600,000 660,000.00
0.62 BHRAIN 6 1/4 11/14/24 BL5DD34 1.10 600,000 658,500.00
0.62 CROATI 5 1/2 04/04/23 B946QT7 1.09 600,000 656,191.20
0.61 ADGB 3 1/8 05/03/26 BYYXBW1 1.09 600,000 654,750.00
0.61 CDEL 3 5/8 08/01/27 BD09JJ9 1.09 600,000 654,100.79
0.61 PANAMA 3 3/4 03/16/25 BWC9V16 1.09 600,000 654,006.00
0.61 QATAR 3.4 04/16/25 BL6BZC0 1.09 600,000 653,400.00
0.61 PANAMA 4 09/22/24 BQV61S3 1.09 600,000 653,256.00
0.61 PETMK 3 1/2 04/21/30 BMD2JR6 1.08 600,000 647,215.08
0.60 SHARSK 3.854 04/03/26 BHND6H3 1.07 600,000 642,888.00
0.60 EXIMBK 3 7/8 02/01/28 BYW9648 1.07 600,000 642,027.37
0.60 EGYPT 7 5/8 05/29/32 BMQC4V2 1.07 600,000 640,183.20
0.60 QATAR 3 7/8 04/23/23 BFX2LZ9 1.07 600,000 639,180.00
0.60 PEMEX 6.49 01/23/27 BN2YTH0 1.06 600,000 638,700.00
0.60 PEMEX 6 1/2 03/13/27 BG10BH4 1.06 600,000 636,000.00
0.60 ADGB 2 1/2 04/16/25 BLGVN48 1.06 600,000 635,250.00
0.59 EGYPT 8.7002 03/01/49 BGSGVT7 1.06 600,000 633,000.00
0.59 OMAN 5 5/8 01/17/28 BFWM9S9 1.05 600,000 632,250.00
0.59 CHILE 3 1/2 01/25/50 BKKGS47 1.05 600,000 629,316.00
0.59 ADGB 2 1/8 09/30/24 BKPGWV7 1.05 600,000 627,150.00
0.58 PEMEX 6 1/2 01/23/29 BHNZPJ4 1.03 600,000 620,808.00
0.58 OMAN 4 1/8 01/17/23 BFWV2P4 1.03 600,000 617,808.00
0.58 BANCO 3 7/8 02/08/22 B75D228 1.02 600,000 613,938.00
0.58 SHARSK 2.942 06/10/27 BM9SDL0 1.02 600,000 613,620.00
0.57 UKRAIN 7 3/8 09/25/32 BF226G6 1.02 600,000 612,338.40
0.57 CHILE 2.45 01/31/31 BMJ1DZ3 1.02 600,000 609,756.00
0.57 SOAF 4.3 10/12/28 BYYHFB0 1.01 600,000 607,812.00
0.57 FABUH Float 07/08/24 BGMG245 1.00 600,000 602,604.00
0.54 ARENRJ 4 5/8 10/15/39 BKQQYH6 1.02 567,000 576,922.50
0.54 ARGENT 0 1/8 07/09/35 BNC1788 0.30 1,900,000 574,788.00
0.53 ECUA 0 1/2 07/31/40 BMGR2K2 0.57 1,000,000 570,000.00
0.53 ARAMCO 3 1/4 11/24/50 BLD4BG8 0.95 600,000 567,577.01
0.50 SHJGOV 4 07/28/50 BLC8L38 0.89 600,000 535,620.00
0.49 PEMEX 6.35 02/12/48 BGPYW91 0.88 600,000 525,276.00
0.47 ADGB 0 3/4 09/02/23 BMZMQT5 1.00 500,000 502,248.00
0.46 RUSSIA 5 1/4 06/23/47 BD57MZ5 1.24 400,000 495,298.40
0.46 EQPTRC 5 7/8 05/18/30 BMFG2Q6 1.22 400,000 488,400.00
0.45 IDASAL 6.53 11/15/28 BFMVHJ3 1.21 400,000 483,200.00
0.44 QATAR 4 1/2 04/23/28 BFYY529 1.17 400,000 468,000.00
0.44 KSA 4 1/2 04/17/30 BFNRZX0 1.16 400,000 464,706.40
0.44 IDASAL 5.45 05/15/30 BMDSLJ0 1.16 400,000 464,480.00
0.43 URUGUA 4 3/8 10/27/27 BYRPDX9 1.15 400,000 458,004.00
0.43 QATAR 4 03/14/29 BJVGBQ2 1.14 400,000 456,420.00
0.43 NGERIA 7 5/8 11/21/25 BGT0PW9 1.14 400,000 455,500.00
0.43 DOMREP 5.95 01/25/27 BYX80W0 1.14 400,000 454,800.00
0.42 BIMBOA 4.7 11/10/47 BF4ZDY0 1.13 400,000 452,796.00
0.42 MEX 4 1/8 01/21/26 BYMLCD5 1.12 400,000 447,204.00
0.42 VIETNM 4.8 11/19/24 BSL6P96 1.12 400,000 447,158.15
0.42 PERU 4 1/8 08/25/27 BZ3CC12 1.12 400,000 447,004.00
0.42 EQPTRC 5 05/18/25 BMFG2R7 1.12 400,000 446,500.00
0.41 KUWIB 3 1/2 03/20/27 BF1TGW4 1.11 400,000 442,212.80
0.41 RUSSIA 4 1/4 06/23/27 BF4TVM6 1.11 400,000 442,000.00
0.41 DOMREP 6 1/2 02/15/48 BF2FTH7 1.10 400,000 440,400.00
0.41 EQPTRC 4 1/4 11/03/26 BYNCF38 1.10 400,000 439,450.40
0.41 BHRAIN 6 1/4 11/14/24 BMZ81W1 1.10 400,000 439,080.00
0.41 PHILIP 4.2 01/21/24 BJ0KZ63 1.10 400,000 438,579.32
0.41 ALFAA 5 1/4 03/25/24 BKXNST0 1.10 400,000 438,000.00
0.41 KLAB 4 7/8 09/19/27 BF16830 1.09 400,000 436,500.00
0.41 QATAR 3 1/4 06/02/26 BDDRJ90 1.09 400,000 436,200.00
0.41 PEMEX 6 7/8 08/04/26 BYWD0M6 1.09 400,000 435,500.00
0.41 IDASAL 4 3/4 05/15/25 BMDSLL2 1.09 400,000 434,000.00
0.41 MEX 3 3/4 01/11/28 BYWP538 1.08 400,000 432,492.00
0.41 TENGIZ 4 08/15/26 BDCPB11 1.08 400,000 432,000.00
0.40 KSA 3 1/4 10/26/26 BYQ6MG9 1.08 400,000 431,000.00
0.40 ARAMCO 3 1/2 04/16/29 BK0MP44 1.08 400,000 430,847.97
0.40 KENINT 8 1/4 02/28/48 BF2J2B4 1.07 400,000 429,164.00
0.40 UKRAIN 7 3/4 09/01/26 BYSRS62 1.07 400,000 428,946.40
0.40 UKRAIN 7 3/4 09/01/24 BZ09DX5 1.07 400,000 426,504.00
0.40 PETRPE 4 3/4 06/19/32 BZ3ZZ12 1.06 400,000 423,880.00
0.40 JORDAN 5 3/4 01/31/27 BYWVG66 1.06 400,000 423,324.00
0.39 OMAN 5 3/8 03/08/27 BF04YK4 1.05 400,000 420,096.00
0.39 BPCLIN 4 3/8 01/18/27 BYW1CD5 1.05 400,000 419,918.46
0.39 SENEGL 6 1/4 05/23/33 BZ11YY8 1.05 400,000 419,592.00
0.39 PEMEX 6.84 01/23/30 BMBTPL5 1.04 400,000 416,860.00
0.38 SHARSK 3.234 10/23/29 BJNPR70 1.02 400,000 408,832.00
0.38 SASOL 5 1/2 03/18/31 BNNLH09 1.02 400,000 408,200.00
0.38 LAMEBZ 4 3/4 10/20/30 BLH4F51 1.02 400,000 406,520.00
0.38 OMAN 6 3/4 01/17/48 BFWM9T0 1.01 400,000 405,635.20
0.38 ARAMCO 1 5/8 11/24/25 BNM5296 1.01 400,000 404,914.81
0.38 PANAMA 3.87 07/23/60 BJVN8G2 1.01 400,000 404,912.00
0.38 TURKEY 5.6 11/14/24 BKDLT13 1.01 400,000 403,340.00
0.38 AZERBJ 3 1/2 09/01/32 BF243X8 1.01 400,000 402,616.00
0.38 GHANA 8.95 03/26/51 BJ1DJB4 1.01 400,000 402,320.00
0.38 PERU 2.783 01/23/31 BMGFFR4 1.01 400,000 402,004.00
0.37 ROMANI 4 02/14/51 BMVZ933 0.99 400,000 397,480.00
0.37 SRILAN 6 3/4 04/18/28 BFWRZN1 0.66 600,000 393,852.00
0.37 PEMEX 5.95 01/28/31 BLNBRW7 0.98 400,000 393,760.00
0.37 COLOM 4 1/8 05/15/51 BM8M272 0.98 400,000 392,276.00
0.36 TURKEY 6 5/8 02/17/45 BJW06D5 0.95 400,000 378,480.00
0.35 TURKEY 5 1/8 02/17/28 BFWJ979 0.95 400,000 378,000.00
0.35 TURKEY 5 1/4 03/13/30 BKLJ975 0.93 400,000 372,428.00
0.35 PRXNA 3.832 02/08/51 BNBRK44 0.92 400,000 367,912.23
0.34 ARGENT 0 1/8 01/09/38 BNC1841 0.37 1,000,000 367,320.00
0.31 REPHUN 7 5/8 03/29/41 B4MXDK5 1.63 200,000 325,594.40
0.30 PERU 8 3/4 11/21/33 2172833 1.58 200,000 316,000.00
0.28 BHRAIN 5 1/4 01/25/33 BN4N9S6 0.98 300,000 293,286.00
0.26 PHILIP 6 3/8 10/23/34 B55JJ76 1.39 200,000 277,836.00
0.25 PERU 5 5/8 11/18/50 B63ZT39 1.35 200,000 270,656.00
0.25 SRILAN 7.55 03/28/30 BJ7PMW6 0.66 400,000 262,500.00
0.24 QATAR 5.103 04/23/48 BFYY518 1.29 200,000 258,678.00
0.24 KSA 5 1/4 01/16/50 BHN66T4 1.27 200,000 254,500.00
0.24 PERTIJ 6.45 05/30/44 BMW3NT0 1.27 200,000 253,982.91
0.23 TELVIS 5 1/4 05/24/49 BJR46J8 1.21 200,000 241,940.00
0.23 PETMK 4.55 04/21/50 BMD2JQ5 1.21 200,000 241,132.00
0.22 KZOKZ 5 3/8 04/24/30 BFM6WP9 1.20 200,000 239,100.00
0.22 RUSSIA 5.1 03/28/35 BJ9SC78 1.18 200,000 235,333.60
0.22 URUGUA 4 3/8 01/23/31 BHXJX58 1.18 200,000 235,002.00
0.22 NGERIA 9.248 01/21/49 BGT0PS5 1.16 200,000 231,500.00
0.21 KZOKZ 4 3/4 04/19/27 BZ0X423 1.14 200,000 228,444.00
0.21 NGERIA 8.747 01/21/31 BGT0PT6 1.14 200,000 228,000.00
0.21 DOMREP 6 07/19/28 BF2WX32 1.14 200,000 227,500.00
0.21 PARGUY 5 04/15/26 BD2MDP0 1.14 200,000 227,400.00
0.21 COLOM 5.2 05/15/49 BGC21T1 1.13 200,000 225,644.00
0.21 BHRAIN 7 10/12/28 BDFD907 1.13 200,000 225,508.00
0.21 PANAMA 4 1/2 05/15/47 BDVJS35 1.12 200,000 224,760.00
0.21 QATAR 3 3/4 04/16/30 BL6BZF3 1.12 200,000 224,760.00
0.21 RUSSIA 4 3/4 05/27/26 BDF1291 1.12 200,000 224,540.00
0.21 KENINT 6 7/8 06/24/24 BNG7XW8 1.11 200,000 222,156.00
0.21 ECOPET 5 7/8 05/28/45 BMQXLW5 1.11 200,000 221,680.00
0.21 COLOM 4 1/2 01/28/26 BYTX353 1.11 200,000 221,002.00
0.21 INDOIS 4.35 09/10/24 BQQCCT4 1.10 200,000 220,862.00
0.21 OINLIN 5 3/8 04/17/24 BLM7V68 1.10 200,000 220,662.50
0.21 DOMREP 5 1/2 01/27/25 BV0L827 1.10 200,000 220,560.00
0.21 EGYPT 7 1/2 01/31/27 BD31HH6 1.10 200,000 220,468.00
0.21 ARAMCO 4 1/4 04/16/39 BK0MNW8 1.10 200,000 220,430.95
0.21 SASOL 6 1/2 09/27/28 BG8F4Q2 1.10 200,000 220,332.00
0.20 ADGB 3 1/8 10/11/27 BF0M765 1.09 200,000 218,000.00
0.20 AZERBJ 4 3/4 03/18/24 BKRC075 1.09 200,000 217,638.00
0.20 CHILE 3.24 02/06/28 BFYTTF5 1.09 200,000 217,502.00
0.20 EGYPT 7.6003 03/01/29 BGSGVS6 1.09 200,000 217,500.00
0.20 SENEGL 6 1/4 07/30/24 BPDBQB7 1.09 200,000 217,496.00
0.20 URUGUA 4 1/2 08/14/24 BCZQFJ0 1.09 200,000 217,252.00
0.20 ONGCIN 4 5/8 07/15/24 BP3YP97 1.09 200,000 217,068.00
0.20 PETMK 3 1/2 03/18/25 BWCH433 1.09 200,000 217,034.84
0.20 IDASAL 4 3/4 05/15/25 BLCVMS9 1.09 200,000 217,000.00
0.20 ROMANI 4 3/8 08/22/23 B7V13H8 1.08 200,000 216,754.00
0.20 INDON 3 1/2 01/11/28 BF0RYY7 1.08 200,000 216,744.79
0.20 OMAN 6 1/4 01/25/31 BMXYFP2 1.08 200,000 215,516.00
0.20 ICICI 3.8 12/14/27 BF4KYF3 1.07 200,000 214,079.78
0.20 PHILIP 3.7 02/02/42 BYWYT99 1.07 200,000 213,824.84
0.20 EGYPT 7 5/8 05/29/32 BMHWV98 1.07 200,000 213,394.40
0.20 EGYPT 5 7/8 06/11/25 BYZYTX0 1.06 200,000 212,630.00
0.20 UKRAIN 7 3/4 09/01/23 BYSRJ25 1.06 200,000 212,547.20
0.20 KSA 2.9 10/22/25 BMF0514 1.06 200,000 212,501.20
0.20 EXIMBK 3 3/8 08/05/26 BD08BH8 1.06 200,000 212,184.25
0.20 TURKEY 7 1/4 12/23/23 BGK3KK0 1.06 200,000 211,341.20
0.20 DPWDU 3.908 05/31/23 BDB4XC4 1.06 200,000 211,000.00
0.20 OMAN 4 7/8 02/01/25 BHNV3B0 1.05 200,000 210,282.00
0.20 PKSTAN 6 7/8 12/05/27 BFD9P70 1.05 200,000 209,828.00
0.20 BRAZIL 5 5/8 02/21/47 BYM8140 1.04 200,000 208,984.00
0.20 MUBAUH 2 1/2 05/21/26 BMFFSY3 1.04 200,000 208,784.00
0.20 SOAF 4.85 09/30/29 BKRQ5R2 1.04 200,000 208,633.60
0.20 EGYPT 6.588 02/21/28 BF0VM34 1.04 200,000 208,524.80
0.20 MEXCAT 3 7/8 04/30/28 BFB5MM4 1.04 200,000 208,500.00
0.19 INDON 2.95 01/11/23 BFNN453 1.04 200,000 207,272.70
0.19 GHANA 7 3/4 04/07/29 BMTRDT5 1.03 200,000 205,480.00
0.19 GHANA 7 3/4 04/07/29 BMTR0M7 1.03 200,000 205,480.00
0.19 EGYPT 7.0529 01/15/32 BJV9CF7 1.03 200,000 205,225.60
0.19 KSA 3 3/4 01/21/55 BKVBFR3 1.02 200,000 204,971.20
0.19 ARAMCO 2 3/4 04/16/22 BK0MP66 1.02 200,000 204,625.22
0.19 KUWIB 2 3/4 03/20/22 BF1TFY9 1.02 200,000 204,200.00
0.19 BRAZIL 2 7/8 06/06/25 BMFV937 1.02 200,000 204,192.00
0.19 NGERIA 7 5/8 11/28/47 BF2RBB1 1.02 200,000 203,000.00
0.19 QNBK Float 02/12/22 BKT16K5 1.00 200,000 200,516.00
0.19 COLOM 3 01/30/30 BKLWBB2 1.00 200,000 200,154.00
0.19 KDB Float 03/09/24 BMTYMC2 1.00 200,000 199,708.00
0.19 ADGB 3 1/8 09/30/49 BKPGWX9 1.00 200,000 199,500.00
0.19 EGYPT 7.903 02/21/48 BYWJDR0 1.00 200,000 199,360.00
0.19 TURKEY 6 1/8 10/24/28 BFZYKC3 0.99 200,000 198,244.00
0.19 GHANA 8.627 06/16/49 BF5L3S1 0.99 200,000 197,472.40
0.18 TURKEY 3 1/4 03/23/23 B84CN86 0.98 200,000 195,256.00
0.18 ELSALV 7.1246 01/20/50 BJBLT29 0.97 200,000 194,500.00
0.18 CFELEC 3.348 02/09/31 BYWC119 0.97 200,000 194,352.00
0.18 CFELEC 3.348 02/09/31 BMD81M3 0.97 200,000 194,352.00
0.18 KSA 2 1/4 02/02/33 BMFDCG7 0.95 200,000 190,282.00
0.18 BRAZIL 4 3/4 01/14/50 BK71V79 0.93 200,000 186,818.00
0.16 ARGENT 0 1/8 07/09/41 BNC1852 0.35 500,000 173,465.00
0.13 DPWDU 6.85 07/02/37 B1Z7R67 1.34 100,000 133,875.00
Holdings are subject to change.


Investing involves risk, including the possible loss of principal. 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.

High yield bonds involve greater risks of default or downgrade and are more volatile than investment grade securities, due to the speculative nature of their investments. EMBD is actively managed, which could increase its transaction costs (thereby lowering its performance) and could increase the amount of taxes you owe by generating short-term gains, which may be taxed at a higher rate. EMBD is non-diversified.

As an actively managed Fund, EMBD does not seek to replicate a specified index and is subject to increased credit and default risk, where there is an inability or unwillingness by the issuer of a fixed income security to meet its financial obligations, debt extension risk, where an issuer may exercise its right to pay principal on an obligation later than expected, as well as interest rate/maturity risk, where the value of the Fund’s fixed income assets will decline because of rising interest rates.

EMBD may invest in securities denominated in foreign currencies. Because the Fund’s NAV is determined in U.S. dollars, the EMBD’s NAV could decline if currencies of the underlying securities depreciate against the U.S. dollar or if there are delays or limits on repatriation of such currencies. Currency exchange rates can be very volatile and can change quickly and unpredictably.

Shares of ETFs are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Brokerage commissions will reduce returns. The market price returns are based on the official closing price of an ETF share or, if the official closing price isn’t available, the midpoint between the national best bid and national best offer (“NBBO”) as of the time the ETF calculates current NAV per share, and do not represent the returns you would receive if you traded shares at other times. NAVs are calculated using prices as of 4:00 PM Eastern Time. Indices are unmanaged and do not include the effect of fees, expenses or sales charges. One cannot invest directly in an index.

Carefully consider the Fund’s investment objectives, risks, and charges and expenses before investing. This and other information can be found in the Fund’s summary or full prospectuses. Please read the prospectus carefully before investing.

Global X Management Company LLC serves as an advisor to Global X Funds. The Funds are distributed by SEI Investments Distribution Co. (SIDCO), which is not affiliated with Global X Management Company LLC or Mirae Asset Global Investments. Global X Funds are not sponsored, endorsed, issued, sold or promoted by JPMorgan, nor does JPMorgan make any representations regarding the advisability of investing in the Global X Funds. Neither SIDCO, Global X nor Mirae Asset Global Investments are affiliated with JPMorgan.