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 07/23/21

Key Facts

Ticker EMBD
Inception Date 06/01/20
CUSIP 37954Y350
ISIN US37954Y3505
Bloomberg IOPV Ticker EMBDIV
Primary Exchange NYSE Arca
Number of Holdings 238

Stats & Fees

Net Assets $129,064,922
Net Asset Value (NAV) $26.89
Shares Outstanding 4,800,000
Total Expense Ratio 0.39%

Distributions

30-Day SEC Yield 3.06%
12-Month Trailing Yield 5.17%
Distribution Yield 3.85%
Distribution Frequency Monthly

Fund Prices As of 07/23/21

NAV $26.89 Daily Change $0.01 0.04%
Market Price $26.97 Daily Change $0.01 0.02%
30-Day Median Bid-Ask Spread 0.11%

Performance History

As of recent month & quarter-end (06/30/21)
As of recent month & quarter-end (06/30/21)
Fund NAV Market Price Benchmark
1 Year 9.40% 9.02% 7.45%
Since Inception 12.04% 12.40% 9.94%
1 Year 9.40% 9.02% 7.45%
Since Inception 12.04% 12.40% 9.94%
Year-to-Date -0.98% -1.15% -1.03%
1 Month 0.52% 0.44% 0.87%
3 Months 3.10% 3.05% 4.49%
Since Inception 13.07% 13.47% 10.77%
Year-to-Date -0.98% -1.15% -1.03%
1 Month 0.52% 0.44% 0.87%
3 Months 3.10% 3.05% 4.49%
Since Inception 13.07% 13.47% 10.77%

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 07/23/21

Macauley Duration 9.8 Years
Yield to Maturity 4.54%
Issuer Type Breakdown
Government 55.28%
Corporate 41.66%
Other 3.06%

Source: AltaVista Research, LLC

Top Holdings As of 07/23/21

Net Assets (%) Ticker Name SEDOL Market Price ($) Shares Held Market Value ($)
2.00 CASH 1.00 2,583,177 2,583,176.73
1.40 FABUH Float 08/08/23 BJX8J62 1.00 1,800,000 1,807,351.20
1.20 ESKOM 6.35 08/10/28 BF2F610 1.11 1,400,000 1,548,400.00
1.17 GRUPOS 5 1/2 04/29/26 BDGKYR9 1.08 1,400,000 1,508,514.00
1.17 IVYCST 6 1/8 06/15/33 BYW5KQ6 1.07 1,400,000 1,503,768.00
1.06 PEMEX 5.95 01/28/31 BLNBRW7 0.98 1,400,000 1,365,700.00
0.98 RUSSIA 5 1/4 06/23/47 BD57MZ5 1.27 1,000,000 1,269,954.00
0.96 KALLPA 4 1/8 08/16/27 BF53JC3 1.03 1,200,000 1,236,000.00
0.95 IDASAL 6.53 11/15/28 BFMVHJ3 1.22 1,000,000 1,224,250.00
0.95 EIBKOR Float 04/27/23 BMV7285 1.02 1,200,000 1,219,481.93
0.91 IDASAL 5.45 05/15/30 BMDSLJ0 1.17 1,000,000 1,170,000.00
0.88 MOROC 4 12/15/50 BMHFZL7 0.94 1,200,000 1,129,149.60
0.86 PENOMX 4 3/4 08/06/50 BLD5008 1.12 1,000,000 1,115,000.00
0.83 TGPERU 4 1/4 04/30/28 B7ZRB45 1.08 1,000,000 1,075,010.00
0.82 NGERIA 6 1/2 11/28/27 BF2RB55 1.06 1,000,000 1,062,500.00
0.81 QATAR 4.817 03/14/49 BH3JG26 1.30 800,000 1,043,712.00
0.81 CDEL 3 09/30/29 BKPGX25 1.04 1,000,000 1,041,857.19
0.80 PANAMA 3.87 07/23/60 BJVN8G2 1.03 1,000,000 1,032,680.00
0.79 OCPMR 5 1/8 06/23/51 BKMGKM7 1.02 1,000,000 1,024,316.00
0.79 TENGIZ 3 1/4 08/15/30 BLCBBX7 1.02 1,000,000 1,019,600.00
0.79 MS Float 10/24/23 BYQ74P5 1.01 1,000,000 1,014,725.99
0.78 GS Float 02/23/23 BD1DDF4 1.01 1,000,000 1,008,378.16
0.78 BTOWBZ 4 3/8 12/20/30 BMC6Q01 1.00 1,000,000 1,004,500.00
0.78 KDB Float 02/18/23 BK52BS5 1.00 1,000,000 1,001,632.29
0.77 T 0 1/8 02/28/23 BLKH0W9 1.00 1,000,000 999,414.06
0.77 PROMIG 3 3/4 10/16/29 BJXP6K6 1.00 1,000,000 996,750.00
0.76 OCPMR 6 7/8 04/25/44 BLT1XS9 1.23 800,000 983,416.00
0.75 COLOM 3 1/8 04/15/31 BM8HHM7 0.97 1,000,000 969,000.00
0.75 CHIPEC 0 01/25/28 BMH58C9 0.80 1,200,000 964,500.00
0.74 SHJGOV 4 3/8 03/10/51 BMV3380 0.95 1,000,000 953,800.00
0.74 SGCAZE 6 7/8 03/24/26 BD05CV0 1.19 800,000 951,232.00
0.70 RUSSIA 4 3/8 03/21/29 BD4B195 1.13 800,000 906,480.00
0.70 NGERIA 8.747 01/21/31 BGT0PT6 1.13 800,000 904,032.00
0.70 TRANSM 4.7 04/16/34 BJ06B85 1.13 800,000 903,720.00
0.69 OMAN 6 3/4 10/28/27 BMYVTK5 1.12 800,000 896,032.00
0.69 RUSSIA 4 1/4 06/23/27 BF4TVM6 1.12 800,000 895,800.00
0.69 AITOCU 6 11/18/48 BFFJQR5 1.13 788,995 888,613.20
0.68 CDEL 3 5/8 08/01/27 BD09JJ9 1.09 800,000 872,792.00
0.67 QATAR 3.4 04/16/25 BL6BZC0 1.09 800,000 870,000.00
0.66 SOAF 4.85 09/27/27 BD35XS1 1.07 800,000 855,728.00
0.66 QNBK Float 05/02/22 BGRX6J4 1.00 850,000 852,235.50
0.66 SENEGL 6 1/4 05/23/33 BZ11YY8 1.06 800,000 845,712.00
0.65 ARAMCO 2 7/8 04/16/24 BK0MNZ1 1.05 800,000 840,526.40
0.65 EGYPT 8.7002 03/01/49 BGSGVT7 1.05 800,000 840,000.00
0.65 UKRAIN 7 3/8 09/25/32 BF226G6 1.05 800,000 836,320.00
0.64 UKRAIN 7.253 03/15/33 BMJ17V7 1.04 800,000 829,076.80
0.63 EGYPT 7.0529 01/15/32 BJV9CF7 1.02 800,000 816,984.00
0.63 MS Float 05/08/24 BYWC119 1.02 800,000 813,690.40
0.63 SENEGL 6 3/4 03/13/48 BF2LTP3 1.02 800,000 812,192.00
0.61 MOROC 2 3/8 12/15/27 BMHCD58 0.99 800,000 788,640.00
0.61 KWIPKK 4.229 10/29/26 BKPTPX9 0.98 800,000 786,000.00
0.60 TURKEY 5 1/8 02/17/28 BFWJ979 0.98 800,000 780,000.00
0.60 COLOM 3 1/4 04/22/32 BN7N9J4 0.97 800,000 774,840.00
0.60 PEMEX 7.69 01/23/50 BMYVTL6 0.97 800,000 772,200.00
0.59 PRXNA 3.832 02/08/51 BNBRK44 0.94 800,000 755,563.90
0.58 EGYPT 8 7/8 05/29/50 BMQC081 1.07 700,000 749,000.00
0.56 BIMBOA 4.7 11/10/47 BF4ZDY0 1.20 600,000 720,800.61
0.55 INTLWT 5.95 12/15/39 BF19226 1.19 599,358 714,105.09
0.53 MEX 4 3/4 04/27/32 BMXPS56 1.15 600,000 689,142.00
0.53 MEX 5 04/27/51 BMXPS67 1.15 600,000 689,106.00
0.53 ARGENT 1 1/8 07/09/35 BNC1788 0.33 2,100,000 685,671.00
0.52 NGERIA 7 5/8 11/21/25 BGT0PW9 1.12 600,000 674,940.00
0.52 PERU 4 1/8 08/25/27 BZ3CC12 1.12 600,000 672,006.00
0.52 SASOL 6 1/2 09/27/28 BG8F4Q2 1.12 600,000 669,300.00
0.52 VIETNM 4.8 11/19/24 BSL6P96 1.11 600,000 667,953.28
0.51 ADGB 3 1/8 10/11/27 BF0M765 1.10 600,000 660,018.00
0.51 ROMANI 4 7/8 01/22/24 BJ3VGH1 1.10 600,000 659,100.00
0.51 INDON 3 1/2 01/11/28 BF0RYY7 1.10 600,000 658,374.05
0.51 PETMK 3 1/2 04/21/30 BMD2JR6 1.10 600,000 657,452.41
0.51 QATAR 3 1/4 06/02/26 BDDRJ90 1.09 600,000 656,232.00
0.51 ADGB 3 1/8 05/03/26 BYYXBW1 1.09 600,000 656,100.00
0.51 EXIMBK 3 7/8 02/01/28 BYW9648 1.09 600,000 653,005.42
0.51 BHRAIN 6 1/4 11/14/24 BL5DD34 1.09 600,000 652,500.00
0.51 PANAMA 3 3/4 03/16/25 BWC9V16 1.09 600,000 651,564.00
0.50 PKSTAN 8 1/4 04/15/24 BLMP1Z1 1.08 600,000 649,572.00
0.50 OMAN 6 1/4 01/25/31 BMXYFP2 1.08 600,000 645,798.00
0.50 PETRPE 4 3/4 06/19/32 BZ3ZZ12 1.07 600,000 644,100.00
0.50 PETRPE 5 5/8 06/19/47 BZ3ZZB2 1.07 600,000 643,506.00
0.50 SHARSK 3.854 04/03/26 BHND6H3 1.07 600,000 642,000.00
0.49 PEMEX 6 1/2 03/13/27 BG10BH4 1.06 600,000 637,140.00
0.49 QATAR 3 7/8 04/23/23 BFX2LZ9 1.06 600,000 635,724.00
0.49 PEMEX 6.49 01/23/27 BN2YTH0 1.06 600,000 635,520.00
0.49 EGYPT 7 5/8 05/29/32 BMQC4V2 1.06 600,000 634,500.00
0.49 ARGENT 2 01/09/38 BNC1841 0.40 1,600,000 632,048.00
0.48 CHILE 3 1/2 01/25/50 BKKGS47 1.04 600,000 623,598.00
0.48 ECUA 0 1/2 07/31/40 BMGR2K2 0.62 1,000,000 623,510.00
0.48 PEMEX 6 1/2 01/23/29 BHNZPJ4 1.03 600,000 616,674.00
0.48 SOAF 4.3 10/12/28 BYYHFB0 1.03 600,000 616,332.00
0.48 SHARSK 2.942 06/10/27 BM9SDL0 1.02 600,000 614,106.00
0.47 PHILIP 3.2 07/06/46 BMBSMP5 1.02 600,000 611,861.01
0.47 BANCO 3 7/8 02/08/22 B75D228 1.02 600,000 609,276.00
0.47 GHANA 7 3/4 04/07/29 BMTRDT5 1.02 600,000 609,000.00
0.47 GHANA 7 3/4 04/07/29 BMTR0M7 1.02 600,000 609,000.00
0.47 PETMK 2.112 03/23/28 BKPP7F3 1.01 600,000 607,887.63
0.47 FABUH Float 07/08/24 BGMG245 1.01 600,000 603,300.00
0.46 ARAMCO 3 1/4 11/24/50 BLD4BG8 0.98 600,000 588,168.00
0.45 IFHBH 3 7/8 08/15/29 BK6YK94 0.97 600,000 582,006.00
0.45 COLOM 4 1/8 02/22/42 BN7N9P0 0.96 600,000 576,276.00
0.45 ARENRJ 4 5/8 10/15/39 BKQQYH6 1.02 567,000 575,505.00
0.43 T 2 3/8 05/15/51 BMHV4V8 1.10 500,000 550,937.50
0.41 ARGENT 2 1/2 07/09/41 BNC1852 0.38 1,400,000 527,786.00
0.41 OMAN 5 5/8 01/17/28 BFWM9S9 1.05 500,000 524,375.00
0.39 PEMEX 6.35 02/12/48 BGPYW91 0.85 600,000 508,410.00
0.37 ADNOUH 4.6 11/02/47 BD6JB75 1.19 400,000 474,260.00
0.37 QATAR 4 1/2 04/23/28 BFYY529 1.18 400,000 473,904.00
0.37 KSA 4 1/2 04/17/30 BFNRZX0 1.18 400,000 471,720.00
0.36 QATAR 4 03/14/29 BJVGBQ2 1.15 400,000 461,152.00
0.36 PARGUY 4.95 04/28/31 BL6FQ07 1.15 400,000 460,400.00
0.36 URUGUA 4 3/8 10/27/27 BYRPDX9 1.15 400,000 459,652.00
0.36 DPWDU 4.848 09/26/28 BFCMGH7 1.15 400,000 459,116.00
0.35 REPHUN 5 3/8 03/25/24 BKX4SH1 1.13 400,000 450,008.00
0.35 DOMREP 5.95 01/25/27 BYX80W0 1.12 400,000 449,604.00
0.35 KUWIB 3 1/2 03/20/27 BF1TGW4 1.12 400,000 446,548.80
0.34 KLAB 4 7/8 09/19/27 BF16830 1.11 400,000 444,500.00
0.34 KENINT 8 1/4 02/28/48 BF2J2B4 1.11 400,000 442,328.00
0.34 UKRAIN 7 3/4 09/01/26 BYSRS62 1.10 400,000 439,606.40
0.34 DOMREP 6 1/2 02/15/48 BF2FTH7 1.10 400,000 439,404.00
0.34 IDASAL 4 3/4 05/15/25 BMDSLL2 1.10 400,000 439,400.00
0.34 MEX 3 3/4 01/11/28 BYWP538 1.10 400,000 439,004.00
0.34 PEMEX 6 7/8 08/04/26 BYWD0M6 1.10 400,000 438,400.00
0.34 ARAMCO 3 1/2 04/16/29 BK0MP44 1.09 400,000 436,849.60
0.34 KSA 3 1/4 10/26/26 BYQ6MG9 1.09 400,000 435,488.00
0.34 UKRAIN 7 3/4 09/01/24 BZ09DX5 1.09 400,000 435,442.40
0.34 PHILIP 4.2 01/21/24 BJ0KZ63 1.09 400,000 435,056.00
0.34 EGYPT 7.6003 03/01/29 BGSGVS6 1.09 400,000 434,632.00
0.34 TENGIZ 4 08/15/26 BDCPB11 1.09 400,000 434,000.00
0.33 JORDAN 5 3/4 01/31/27 BYWVG66 1.08 400,000 431,000.00
0.33 BPCLIN 4 3/8 01/18/27 BYW1CD5 1.07 400,000 426,248.00
0.33 ADGB 2 1/2 04/16/25 BLGVN48 1.06 400,000 425,200.00
0.33 OMAN 6 08/01/29 BHNV376 1.06 400,000 425,040.00
0.33 BCOCPE 5 1/4 09/22/29 BQVBHX5 1.06 400,000 424,400.00
0.33 OMAN 5 3/8 03/08/27 BF04YK4 1.05 400,000 419,808.00
0.33 BANBOG 4 3/8 08/03/27 BD9MLZ9 1.05 400,000 419,600.00
0.32 ANGOL 8 1/4 05/09/28 BG206C3 1.05 400,000 418,776.00
0.32 ENAPCL 4 1/2 09/14/47 BF3VLX4 1.04 400,000 417,949.10
0.32 LAMEBZ 4 3/4 10/20/30 BLH4F51 1.04 400,000 417,728.00
0.32 SASOL 5 1/2 03/18/31 BNNLH09 1.04 400,000 417,600.00
0.32 AZERBJ 3 1/2 09/01/32 BF243X8 1.04 400,000 414,968.80
0.32 PEMEX 6.84 01/23/30 BMBTPL5 1.03 400,000 411,672.00
0.32 TURKEY 5.6 11/14/24 BKDLT13 1.03 400,000 411,480.00
0.32 PTTGC 2.98 03/18/31 BNNHLV6 1.02 400,000 408,375.68
0.32 PERU 2.783 01/23/31 BMGFFR4 1.02 400,000 408,216.00
0.32 SHARSK 3.234 10/23/29 BJNPR70 1.02 400,000 407,280.00
0.32 IOCMXW 5 05/07/28 BL6HVJ7 1.02 400,000 407,000.00
0.31 ARAMCO 1 5/8 11/24/25 BNM5296 1.01 400,000 403,952.00
0.31 CHILE 2.45 01/31/31 BMJ1DZ3 1.01 400,000 403,524.00
0.31 OMAN 6 3/4 01/17/48 BFWM9T0 1.01 400,000 402,400.00
0.31 AFRFIN 2 7/8 04/28/28 BLPKDS0 1.01 400,000 402,000.00
0.31 TNEMAK 3 5/8 06/28/31 BLD2ZY8 1.00 400,000 400,800.00
0.31 INRCON 3 1/4 03/22/28 BNNLHG5 0.99 400,000 396,286.00
0.31 T 0 3/8 11/30/25 BLH34N9 0.99 400,000 395,640.62
0.31 CFELEC 3 7/8 07/26/33 BP92799 0.99 400,000 395,500.00
0.31 GHANA 8.95 03/26/51 BJ1DJB4 0.98 400,000 393,615.20
0.30 EGYPT 7.903 02/21/48 BYWJDR0 0.98 400,000 392,231.20
0.30 EGYPT 5 7/8 02/16/31 BLH1TJ4 0.96 400,000 385,592.00
0.30 GHANA 8.627 06/16/49 BF5L3S1 0.96 400,000 383,500.00
0.30 TURKEY 6 5/8 02/17/45 BJW06D5 0.96 400,000 382,160.00
0.30 TURKEY 5 1/4 03/13/30 BKLJ975 0.95 400,000 381,988.00
0.29 COLOM 4 1/8 05/15/51 BM8M272 0.93 400,000 373,532.00
0.28 SRILAN 6 3/4 04/18/28 BFWRZN1 0.61 600,000 363,786.00
0.26 REPHUN 7 5/8 03/29/41 B4MXDK5 1.68 200,000 335,878.00
0.24 PERU 8 3/4 11/21/33 2172833 1.58 200,000 315,026.00
0.23 BHRAIN 5 1/4 01/25/33 BN4N9S6 0.97 300,000 289,872.00
0.22 PHILIP 6 3/8 10/23/34 B55JJ76 1.42 200,000 283,640.00
0.22 PERU 5 5/8 11/18/50 B63ZT39 1.40 200,000 279,142.00
0.22 ECUA 0 1/2 07/31/35 BMGR2G8 0.70 400,000 279,004.00
0.21 QATAR 5.103 04/23/48 BFYY518 1.34 200,000 268,874.00
0.20 PERTIJ 6.45 05/30/44 BMW3NT0 1.32 200,000 263,673.44
0.20 KSA 5 1/4 01/16/50 BHN66T4 1.31 200,000 262,124.00
0.19 PETMK 4.55 04/21/50 BMD2JQ5 1.24 200,000 248,289.75
0.19 QATAR 4.4 04/16/50 BL6KL96 1.24 200,000 247,564.00
0.19 SRILAN 7.55 03/28/30 BJ7PMW6 0.61 400,000 242,108.00
0.19 INDTLL 5 1/2 08/19/24 BMBNL08 0.97 250,000 241,925.00
0.19 RUSSIA 5.1 03/28/35 BJ9SC78 1.21 200,000 241,000.00
0.19 KZOKZ 5 3/8 04/24/30 BFM6WP9 1.19 200,000 238,268.00
0.18 URUGUA 4 3/8 01/23/31 BHXJX58 1.17 200,000 233,344.00
0.18 KSA 4 3/8 04/16/29 BHN6649 1.16 200,000 231,684.00
0.18 NGERIA 9.248 01/21/49 BGT0PS5 1.15 200,000 230,004.80
0.18 PANAMA 4 1/2 05/15/47 BDVJS35 1.15 200,000 229,198.00
0.18 INDON 4 3/4 01/08/26 BYVT4F6 1.14 200,000 228,832.32
0.18 PETBRA 6 3/4 06/03/50 BMX3612 1.14 200,000 228,626.00
0.18 OMAN 7 3/8 10/28/32 BN4LSF0 1.14 200,000 228,340.00
0.18 KZOKZ 4 3/4 04/19/27 BZ0X423 1.14 200,000 228,115.20
0.18 DOMREP 6 07/19/28 BF2WX32 1.14 200,000 227,802.00
0.18 RUSSIA 4 3/4 05/27/26 BDF1291 1.14 200,000 227,638.00
0.18 DOMREP 6.85 01/27/45 BV0L861 1.14 200,000 227,502.00
0.18 ARAMCO 4 1/4 04/16/39 BK0MNW8 1.14 200,000 227,475.20
0.18 PARGUY 5 04/15/26 BD2MDP0 1.14 200,000 227,302.00
0.18 QATAR 3 3/4 04/16/30 BL6BZF3 1.14 200,000 227,254.80
0.17 BHRAIN 7 01/26/26 BYSZ800 1.12 200,000 224,640.00
0.17 BHRAIN 7 10/12/28 BDFD907 1.11 200,000 222,820.00
0.17 EGYPT 7 1/2 01/31/27 BD31HH6 1.11 200,000 222,080.00
0.17 INDOIS 4.35 09/10/24 BQQCCT4 1.10 200,000 220,600.00
0.17 PEMEX 6 7/8 10/16/25 BMDZ1G8 1.10 200,000 220,460.00
0.17 ANGOL 9 1/2 11/12/25 BZ97T10 1.10 200,000 220,362.00
0.17 KENINT 6 7/8 06/24/24 BNG7XW8 1.10 200,000 219,800.00
0.17 DOMREP 5 1/2 01/27/25 BV0L827 1.09 200,000 218,960.00
0.17 PHILIP 3.7 02/02/42 BYWYT99 1.09 200,000 218,310.00
0.17 COLOM 4 1/2 01/28/26 BYTX353 1.09 200,000 217,434.00
0.17 PETMK 3 1/2 03/18/25 BWCH433 1.08 200,000 216,733.07
0.17 AZERBJ 4 3/4 03/18/24 BKRC075 1.08 200,000 216,290.00
0.17 CHILE 3.24 02/06/28 BFYTTF5 1.08 200,000 216,102.00
0.17 COLOM 5.2 05/15/49 BGC21T1 1.08 200,000 215,722.00
0.17 TURKEY 7 1/4 12/23/23 BGK3KK0 1.08 200,000 215,500.00
0.17 ROMANI 4 3/8 08/22/23 B7V13H8 1.07 200,000 214,900.00
0.17 UKRAIN 7 3/4 09/01/23 BYSRJ25 1.07 200,000 214,886.00
0.17 PTTGC 4.3 03/18/51 BNKCTQ5 1.07 200,000 214,635.82
0.17 KSA 2.9 10/22/25 BMF0514 1.07 200,000 214,060.00
0.17 ECOPET 5 7/8 05/28/45 BMQXLW5 1.07 200,000 213,200.00
0.17 EGYPT 5 7/8 06/11/25 BYZYTX0 1.06 200,000 212,500.00
0.16 ROMANI 4 02/14/51 BMVZ933 1.06 200,000 212,271.20
0.16 KSA 3 3/4 01/21/55 BKVBFR3 1.06 200,000 212,000.00
0.16 MEXCAT 3 7/8 04/30/28 BFB5MM4 1.06 200,000 211,600.00
0.16 EGYPT 7 5/8 05/29/32 BMHWV98 1.06 200,000 211,500.00
0.16 KALLPA 4 7/8 05/24/26 BYSYR00 1.06 200,000 211,000.00
0.16 SOAF 4.85 09/30/29 BKRQ5R2 1.05 200,000 210,308.00
0.16 MUBAUH 2 1/2 05/21/26 BMFFSY3 1.05 200,000 210,000.00
0.16 DPWDU 3.908 05/31/23 BDB4XC4 1.05 200,000 209,906.00
0.16 OMAN 4 7/8 02/01/25 BHNV3B0 1.04 200,000 208,972.80
0.16 COLOM 5 06/15/45 BVHFBK1 1.04 200,000 208,860.00
0.16 INDON 2.95 01/11/23 BFNN453 1.04 200,000 207,042.00
0.16 BRAZIL 2 7/8 06/06/25 BMFV937 1.03 200,000 205,900.00
0.16 PKSTAN 6 7/8 12/05/27 BFD9P70 1.03 200,000 205,500.00
0.16 ADGB 3 1/8 09/30/49 BKPGWX9 1.03 200,000 205,256.00
0.16 OMAN 4 1/8 01/17/23 BFWV2P4 1.02 200,000 204,896.80
0.16 TURKEY 6 1/8 10/24/28 BFZYKC3 1.02 200,000 204,572.00
0.16 ARAMCO 2 3/4 04/16/22 BK0MP66 1.02 200,000 203,269.60
0.16 NGERIA 7 5/8 11/28/47 BF2RBB1 1.01 200,000 201,298.80
0.16 QNBK Float 02/12/22 BKT16K5 1.00 200,000 200,473.60
0.16 KDB Float 03/09/24 BMTYMC2 1.00 200,000 199,842.00
0.16 DOMREP 5 7/8 01/30/60 BJV2XC0 1.00 200,000 199,802.00
0.16 TURKEY 3 1/4 03/23/23 B84CN86 1.00 200,000 199,760.00
0.15 CFELEC 3.348 02/09/31 BMD81M3 0.99 200,000 198,002.00
0.15 KSA 2 1/4 02/02/33 BMFDCG7 0.98 200,000 195,233.20
0.15 MOROC 3 12/15/32 BMHLJ13 0.98 200,000 195,000.00
0.15 COLOM 3 01/30/30 BKLWBB2 0.97 200,000 194,500.00
0.14 SHJGOV 4 07/28/50 BLC8L38 0.90 200,000 180,740.80
0.13 ELSALV 7.1246 01/20/50 BJBLT29 0.82 200,000 163,000.00
0.11 DPWDU 6.85 07/02/37 B1Z7R67 1.36 100,000 135,516.40
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.