EMBD


Emerging Markets Bond ETFActive

Morningstar Rating™ - Overall rating out of 226 Emerging Markets Bond funds, based on risk-adjusted returns as of 06/30/2024

Reasons to Consider 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.

Key Information As of 07/12/24

Inception Date 06/01/20
Total Expense Ratio 0.39%
Net Assets $150.52 million
NAV $22.63
Fact Sheet View the document

ETF 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.

ETF Objective

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

Trading Details As of 07/12/24

Ticker EMBD
Bloomberg IOPV Ticker EMBDIV
CUSIP 37954Y350
ISIN US37954Y3505
Primary Exchange NYSE Arca
Shares Outstanding 6,650,000
Number of Holdings 203
30-Day Median Bid-Ask Spread 0.31%
NAIC Designation Preliminary 3.C as of 03/31/24

Distributions As of 07/12/24

30-Day SEC Yield 6.12%
12-Month Trailing Yield 5.58%
Distribution Yield 4.99%
Distribution Frequency Monthly

ETF Prices As of 07/12/24

NAV $22.63 Daily Change $0.01 0.04%
Market Price $22.76 Daily Change -$0.01 -0.04%

Performance History

As of recent month & quarter-end (06/30/24)
As of recent month & quarter-end (06/30/24)
Fund NAV Market Price Benchmark
1 Year 9.06% 8.38% 9.02%
3 Years -0.99% -1.11% -2.94%
Since Inception 2.31% 2.30% 0.31%
1 Year 9.06% 8.38% 9.02%
3 Years -0.99% -1.11% -2.94%
Since Inception 2.31% 2.30% 0.31%
Year-to-Date 2.62% 2.19% 2.13%
1 Month 0.70% -0.02% 0.66%
3 Months 0.62% 0.43% 0.30%
Since Inception 9.75% 9.74% 1.27%
Year-to-Date 2.62% 2.19% 2.13%
1 Month 0.70% -0.02% 0.66%
3 Months 0.62% 0.43% 0.30%
Since Inception 9.75% 9.74% 1.27%

Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). 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, when observed, is unusual and investors should not expect such performance to be repeated.

Top Holdings As of 07/12/24

Net Assets (%) Security Type Name SEDOL Market Price ($) Shares Held Market Value ($)
2.02 Treasury Note T 5 10/31/25 BMWPY04 1.01 3,000,000 3,040,292.12
1.42 Bond - Foreign CDEL 5.95 01/08/34 BNT9DH6 1.02 2,100,000 2,134,569.02
1.40 Bond - Foreign POLAND 5 1/2 04/04/53 BN7B125 1.00 2,100,000 2,102,272.50
1.40 Bond - Foreign PERU 8 3/4 11/21/33 2172833 1.24 1,700,000 2,101,064.68
1.28 Bond - Foreign SOAF 5 7/8 04/20/32 BMB0734 0.96 2,000,000 1,922,830.19
1.21 Bond - Foreign ESKOM 6.35 08/10/28 BF2F610 1.01 1,800,000 1,823,649.73
1.20 Bond - Foreign REPHUN 6 1/4 09/22/32 BPXYFH5 1.06 1,700,000 1,804,035.07
1.14 Bond - Foreign ANGOL 8 3/4 04/14/32 BP2R4G7 0.95 1,800,000 1,707,675.49
1.07 Bond - Foreign SOAF 7.3 04/20/52 BMB0723 0.95 1,700,000 1,608,700.20
1.05 Bond - Foreign MEX 6.35 02/09/35 BNM9D06 1.05 1,500,000 1,580,942.74
0.97 Bond - Foreign IVYCST 6 1/8 06/15/33 BYW5KQ6 0.91 1,600,000 1,460,188.55
0.96 Bond - Foreign CDEL 3 09/30/29 BKPGX25 0.90 1,600,000 1,447,410.83
0.96 Bond - Foreign MOROC 2 3/8 12/15/27 BMHCD58 0.90 1,600,000 1,443,098.58
0.93 Bond - Foreign KSA 3 3/4 01/21/55 BKVBFR3 0.74 1,900,000 1,397,307.55
0.89 Bond - Foreign MEX 4 3/4 04/27/32 BMXPS56 0.95 1,400,000 1,333,324.39
0.88 Bond - Foreign ROMANI 3 02/27/27 BNGFD66 0.95 1,400,000 1,326,553.85
0.87 Cash CASH 1.00 1,304,652 1,304,652.00
0.86 Bond - Foreign GCCAMM 3.614 04/20/32 BNZHZN4 0.86 1,500,000 1,295,668.58
0.85 Bond - Foreign OMAN 6 1/4 01/25/31 BMXYFP2 1.07 1,200,000 1,285,462.21
0.84 Bond - Foreign CDEL 3 5/8 08/01/27 BD09JJ9 0.97 1,300,000 1,262,840.58
0.84 Bond - Foreign IDASAL 6.53 11/15/28 BFMVHJ3 1.05 1,200,000 1,262,404.36
0.83 Mutual Fund GLOBAL X 1-3 MONTH T-BILL BS096K4 100.21 12,500 1,252,632.50
0.83 Bond - Foreign CCUCI 3.35 01/19/32 BMVFJF5 0.89 1,400,000 1,248,500.87
0.83 Bond - Foreign PETMK 4.55 04/21/50 BMD2JQ5 0.89 1,400,000 1,247,880.56
0.83 Bond - Foreign COSTAR 6 1/8 02/19/31 BJLPZ01 1.04 1,200,000 1,244,884.66
0.82 Bond - Foreign REPHUN 6 1/8 05/22/28 BNNT8Q6 1.03 1,200,000 1,240,361.05
0.82 Bond - Foreign ENAPCL 6.15 05/10/33 BRJQTX3 1.02 1,200,000 1,228,402.88
0.81 Bond - Foreign OMAN 5 3/8 03/08/27 BF04YK4 1.02 1,200,000 1,220,098.04
0.81 Bond - Foreign PEMEX 6.84 01/23/30 BMBTPL5 0.93 1,300,000 1,212,508.33
0.80 Bond - Foreign TURKEY 6 1/8 10/24/28 BFZYKC3 1.00 1,200,000 1,203,141.68
0.79 Bond - Foreign ENAPCL 5 1/4 11/06/29 BD3S2R2 1.00 1,200,000 1,194,704.87
0.79 Bond - Foreign PEMEX 5.95 01/28/31 BLNBRW7 0.85 1,400,000 1,193,608.01
0.79 Bond - Foreign BRAZIL 6 10/20/33 BN6QD25 0.99 1,200,000 1,193,038.63
0.79 Bond - Foreign PANAMA 7 1/2 03/01/31 BSNTYN0 1.08 1,100,000 1,190,431.43
0.79 Bond - Foreign ADGB 2 1/2 04/16/25 BLGVN48 0.99 1,200,000 1,182,580.62
0.78 Bond - Foreign EGYPT 5 7/8 02/16/31 BLH1TJ4 0.83 1,400,000 1,166,283.39
0.76 Bond - Foreign BRAZIL 4 1/2 05/30/29 BJ6R944 0.96 1,200,000 1,149,480.03
0.76 Bond - Foreign SOAF 4.85 09/30/29 BKRQ5R2 0.95 1,200,000 1,136,123.27
0.75 Bond - Foreign DOMREP 4 1/2 01/30/30 BJV2X64 0.95 1,200,000 1,134,563.08
0.75 Bond - Corporate JPM 1.578 04/22/27 BKVKLQ1 0.94 1,200,000 1,132,772.51
0.75 Bond - Foreign EGYPT 5.8 09/30/27 BMGCCJ6 0.94 1,200,000 1,129,689.29
0.74 Bond - Foreign DOMREP 4 7/8 09/23/32 BJP84G5 0.93 1,200,000 1,114,781.25
0.73 Bond - Foreign ARGENT 5 01/09/38 BNC1841 0.46 2,400,000 1,105,082.61
0.73 Bond - Corporate JPM 3.96 01/29/27 BHQTTL3 1.00 1,100,000 1,100,751.66
0.73 Bond - Foreign PEMEX 7.69 01/23/50 BMYVTL6 0.78 1,400,000 1,096,569.22
0.70 Bond - Foreign EGYPT 7 5/8 05/29/32 BMHWV98 0.87 1,200,000 1,047,311.58
0.69 Bond - Foreign BHRAIN 6 3/4 09/20/29 BFB5LX8 1.04 1,000,000 1,044,803.48
0.69 Bond - Foreign BIMBOA 6.05 01/15/29 BRBRPY7 1.04 1,000,000 1,037,822.40
0.68 Bond - Foreign DOMREP 6 07/19/28 BF2WX32 1.03 1,000,000 1,030,255.49
0.68 Treasury Bond T 4 1/2 02/15/44 BPG5RX5 1.02 1,000,000 1,018,791.21
0.68 Bond - Foreign PLUSCM 6.24 07/03/36 BRT4MK5 1.02 1,000,000 1,017,004.35
0.68 Bond - Foreign ADGB 4 7/8 04/30/29 BRJQKF2 1.02 1,000,000 1,015,526.15
0.67 Treasury Note T 4 1/8 03/31/29 BQV12R4 1.01 1,000,000 1,012,606.31
0.67 Bond - Foreign BGOSK 5 3/8 05/22/33 BNC3K29 1.01 1,000,000 1,007,785.29
0.67 Bond - Foreign PHILIP 6 3/8 10/23/34 B55JJ76 1.12 900,000 1,005,816.73
0.66 Bond - Foreign ADGB 2 1/8 09/30/24 BKPGWV7 1.00 1,000,000 998,936.41
0.66 Bond - Foreign TRITOB 6.4 06/26/34 BPBPCV3 1.00 1,000,000 998,177.27
0.66 Bond - Foreign REPHUN 5 1/4 06/16/29 BMY36F5 0.99 1,000,000 994,691.28
0.66 Treasury Bond T 4 1/4 02/15/54 BS2G1C0 0.99 1,000,000 993,841.00
0.65 Bond - Foreign TURKEY 4 1/4 04/14/26 BVYNZS4 0.98 1,000,000 982,049.18
0.65 Bond - Foreign ENAPCL 3 3/4 08/05/26 BD1F1C3 0.98 1,000,000 979,368.96
0.65 Treasury Bond T 4 1/8 08/15/53 BRT3QH7 0.97 1,000,000 971,795.58
0.64 Bond - Foreign CHILE 4 01/31/52 BNSMDK9 0.80 1,200,000 965,289.12
0.64 Bond - Foreign KZOKZ 6 3/8 10/24/48 BFM6YV9 0.96 1,000,000 959,452.97
0.64 Bond - Foreign COLOM 3 7/8 04/25/27 BYX7RT3 0.96 1,000,000 959,029.62
0.63 Bond - Foreign PEMEX 6 1/2 01/23/29 BHNZPJ4 0.95 1,000,000 953,336.87
0.63 Bond - Foreign SOAF 4.3 10/12/28 BYYHFB0 0.95 1,000,000 946,161.20
0.62 Bond - Foreign NTBKKK 1 5/8 09/15/27 BNYDCZ4 0.93 1,000,000 928,588.31
0.61 Bond - Foreign TABRED 2 1/2 10/21/27 BMTM5K5 0.91 1,000,000 912,854.19
0.60 Bond - Foreign BRAZIL 7 1/8 05/13/54 BMH2J83 1.01 900,000 905,663.50
0.60 Bond - Foreign QATAR 4.4 04/16/50 BL6KL96 0.90 1,000,000 899,991.89
0.60 Bond - Foreign FRIDPT 5.315 04/14/32 BNYNN06 1.00 900,000 896,200.39
0.59 Bond - Foreign MEX 6.4 05/07/54 BQB5NN9 0.99 900,000 891,968.90
0.58 Bond - Foreign ARGENT 4 1/8 07/09/35 BNC1788 0.41 2,100,000 871,047.76
0.56 Bond - Foreign OMAN 6 08/01/29 BHNV376 1.05 800,000 843,722.11
0.56 Bond - Foreign ORBIA 2 7/8 05/11/31 BMBVMW1 0.84 1,000,000 841,908.55
0.54 Bond - Corporate BAC 4.948 07/22/28 BNDK8X6 1.02 800,000 819,118.07
0.54 Bond - Foreign ECOPET 5 7/8 05/28/45 BMQXLW5 0.73 1,100,000 807,368.42
0.53 Bond - Foreign ECUA 3 1/2 07/31/35 BMGR2G8 0.53 1,500,000 796,280.77
0.52 Bond - Foreign INDON 4.55 01/11/28 BNNSSB8 0.99 800,000 788,953.77
0.52 Bond - Foreign SOAF 4.85 09/27/27 BD35XS1 0.99 800,000 788,696.51
0.52 Bond - Foreign EXIMBK 3 7/8 02/01/28 BYW9648 0.98 800,000 785,302.18
0.51 Bond - Foreign ADGB 3 1/8 10/11/27 BF0M765 0.96 800,000 768,880.58
0.51 Bond - Foreign CHILE 3.24 02/06/28 BFYTTF5 0.96 800,000 766,276.29
0.50 Bond - Foreign PANAMA 3 7/8 03/17/28 BYSXF47 0.95 800,000 756,215.83
0.50 Bond - Foreign ARAMCO 3 1/2 04/16/29 BK0MP44 0.94 800,000 755,856.15
0.50 Bond - Foreign COLOM 4 1/2 03/15/29 BGV7K78 0.94 800,000 753,956.07
0.50 Bond - Foreign DOMREP 7.05 02/03/31 BQXTZM2 1.07 700,000 750,589.44
0.49 Bond - Foreign SERBIA 6 1/2 09/26/33 BPTJVP4 1.04 700,000 730,865.53
0.48 Bond - Foreign COLOM 5.2 05/15/49 BGC21T1 0.73 1,000,000 728,228.21
0.48 Bond - Foreign BNCE 2.72 08/11/31 BMYXTZ6 0.91 800,000 724,556.83
0.47 Bond - Foreign COLOM 3 1/4 04/22/32 BN7N9J4 0.79 900,000 713,416.22
0.46 Bond - Foreign KSA 4 3/8 04/16/29 BHN6649 0.99 700,000 693,805.51
0.46 Bond - Foreign PTTGC 2.98 03/18/31 BNNHLV6 0.87 800,000 693,161.91
0.46 Bond - Foreign OMAN 4 3/4 06/15/26 BZB1G08 0.99 700,000 691,116.46
0.45 Bond - Foreign GGBRBZ 7 1/4 04/16/44 BLMZ548 1.12 600,000 669,832.17
0.44 Bond - Foreign REPHUN 6 3/4 09/25/52 BPXYFD1 1.11 600,000 665,963.34
0.44 Bond - Foreign PETMK 3 1/2 04/21/30 BMD2JR6 0.94 700,000 656,698.23
0.43 Bond - Foreign REPHUN 2 1/8 09/22/31 BNZJFF2 0.81 800,000 647,301.10
0.43 Bond - Foreign VALEBZ 3 3/4 07/08/30 BMVPRC8 0.91 700,000 639,624.38
0.42 Bond - Foreign PHILIP 5 1/2 01/17/48 BQBFM09 1.05 600,000 628,433.48
0.41 Bond - Foreign SGCAZE 6 7/8 03/24/26 BD05CV0 1.03 600,000 617,812.53
0.41 Bond - Foreign MEX 4.4 02/12/52 BNSP0K7 0.77 800,000 616,575.76
0.41 Bond - Foreign NGERIA 7 5/8 11/28/47 BF2RBB1 0.77 800,000 615,642.28
0.41 Bond - Foreign SOAF 5 7/8 09/16/25 BDS54C7 1.02 600,000 612,421.14
0.40 Bond - Foreign PANAMA 3.87 07/23/60 BJVN8G2 0.60 1,000,000 601,135.38
0.40 Bond - Foreign TURKEY 4 3/4 01/26/26 BMDJ3V9 1.00 600,000 600,965.43
0.40 Bond - Foreign PERU 5 5/8 11/18/50 B63ZT39 1.00 600,000 600,218.91
0.40 Bond - Foreign PETMK 3 1/2 03/18/25 BWCH433 1.00 600,000 599,616.63
0.40 Bond - Foreign ROMANI 5 1/4 11/25/27 BMBN001 1.00 600,000 597,991.79
0.39 Bond - Foreign KSA 4 1/2 04/17/30 BFNRZX0 0.99 600,000 593,002.54
0.39 Bond - Foreign PERU 3.55 03/10/51 BMV33J1 0.74 800,000 588,670.27
0.39 Bond - Foreign PARGUY 4.95 04/28/31 BL6FQ07 0.98 600,000 588,660.09
0.39 Bond - Foreign NGERIA 7.696 02/23/38 BF3TZV4 0.84 700,000 585,435.00
0.39 Bond - Foreign QATAR 3 3/4 04/16/30 BL6BZF3 0.97 600,000 581,476.66
0.38 Bond - Foreign QATAR 4.817 03/14/49 BH3JG26 0.96 600,000 578,316.72
0.38 Bond - Foreign ROMANI 4 02/14/51 BMVZ933 0.72 800,000 576,450.55
0.38 Bond - Foreign ADGB 3 1/8 09/30/49 BKPGWX9 0.72 800,000 574,428.16
0.38 Bond - Foreign NGERIA 9.248 01/21/49 BGT0PS5 0.95 600,000 570,100.60
0.38 Bond - Foreign JBYCMX 2 1/2 10/14/31 BNG6XN6 0.81 700,000 563,928.95
0.37 Bond - Foreign UKRAIN 7.253 03/15/35 BMJ17V7 0.28 2,000,000 562,500.00
0.37 Bond - Foreign INTLWT 5.95 12/15/39 BF19226 0.97 579,636 560,591.25
0.37 Bond - Foreign ARGENT 3 1/2 07/09/41 BNC1852 0.40 1,400,000 555,332.07
0.36 Bond - Foreign ADNOUH 4.6 11/02/47 BD6JB75 0.90 600,000 540,048.56
0.35 Bond - Foreign AZERBJ 3 1/2 09/01/32 BF243X8 0.87 600,000 524,714.93
0.35 Bond - Foreign ADGB 5 1/2 04/30/54 BRJQKD0 1.04 500,000 520,155.52
0.34 Bond - Foreign ROMANI 3 02/14/31 BMVVYM5 0.86 600,000 514,996.73
0.34 Bond - Foreign DOMREP 5.95 01/25/27 BYX80W0 1.03 500,000 513,789.42
0.34 Bond - Foreign GHANA 8 1/8 03/26/32 BJ1DHP4 0.51 1,000,000 512,528.00
0.34 Bond - Foreign EGYPT 7 1/2 01/31/27 BD31HH6 1.01 500,000 507,077.20
0.34 Bond - Foreign MEX 2.659 05/24/31 BN8ZSV4 0.84 600,000 505,340.71
0.34 Bond - Foreign GHANA 7 3/4 04/07/29 BMTR0M7 0.51 1,000,000 505,330.00
0.34 Bond - Foreign CKHH 4 3/4 04/21/28 BRJQHZ1 1.01 500,000 504,197.82
0.33 Bond - Foreign REPHUN 5 1/2 03/26/36 BQRD616 1.00 500,000 501,693.89
0.33 Bond - Foreign REPHUN 5 1/2 06/16/34 BMZ0K20 0.99 500,000 495,579.60
0.33 Bond - Foreign KENINT 8 1/4 02/28/48 BF2J2B4 0.82 600,000 492,960.97
0.33 Bond - Foreign KSA 2 1/4 02/02/33 BMFDCG7 0.82 600,000 491,241.11
0.32 Bond - Foreign ECUA 2 1/2 07/31/40 BMGR2K2 0.48 1,000,000 483,460.18
0.32 Bond - Foreign EIGPRL 4.387 11/30/46 BMX5H71 0.80 600,000 482,019.75
0.32 Bond - Foreign TURKEY 5 3/4 05/11/47 BD3N0C8 0.79 600,000 476,433.90
0.29 Bond - Foreign PERU 2.783 01/23/31 BMGFFR4 0.88 500,000 437,822.72
0.28 Bond - Foreign PEMEX 10 02/07/33 BQGHJ10 1.07 400,000 428,035.33
0.28 Bond - Foreign SHJGOV 6 1/2 11/23/32 BMTY4N7 1.06 400,000 422,416.82
0.28 Bond - Foreign COSTAR 6.55 04/03/34 BNW12W7 1.05 400,000 421,741.94
0.28 Bond - Foreign PRXNA 4.987 01/19/52 BPCQJS1 0.83 500,000 416,033.65
0.28 Bond - Foreign EGYPT 8.7002 03/01/49 BGSGVT7 0.83 500,000 413,240.65
0.27 Bond - Foreign INDON 5.65 01/11/53 BNNMQT4 1.02 400,000 409,670.67
0.27 Bond - Foreign NTBKKK 5 1/2 06/06/30 BSWYNQ2 1.02 400,000 407,017.17
0.27 Bond - Foreign JORDAN 5 3/4 01/31/27 BYWVG66 1.01 400,000 403,182.60
0.27 Bond - Foreign GHANA 6 3/8 02/11/27 BKT5SX4 0.50 800,000 400,144.00
0.27 Bond - Foreign URUGUA 4 3/8 01/23/31 BHXJX58 1.00 400,000 399,144.38
0.27 Bond - Foreign PANAMA 3 3/4 03/16/25 BWC9V16 1.00 400,000 398,642.61
0.26 Bond - Foreign QATAR 3.4 04/16/25 BL6BZC0 0.99 400,000 397,805.02
0.26 Bond - Foreign UKRAIN 7 3/8 09/25/34 BF226G6 0.28 1,400,000 394,735.60
0.26 Bond - Foreign PLNIJ 4 1/8 05/15/27 BF3W9X3 0.98 400,000 391,141.53
0.25 Bond - Foreign NGERIA 7.143 02/23/30 BF2XXP7 0.92 400,000 369,080.50
0.24 Bond - Foreign TURKEY 6 5/8 02/17/45 BJW06D5 0.91 400,000 362,689.93
0.23 Bond - Corporate SASOL 5 1/2 03/18/31 BNNLH09 0.88 400,000 351,330.75
0.23 Bond - Foreign SRILAN 6 3/4 04/18/28 BFWRZN1 0.59 600,000 351,301.15
0.23 Bond - Foreign RAILBZ 4.2 01/18/32 BK9RV20 0.87 400,000 349,173.26
0.23 Bond - Foreign EIGPRL 3.545 08/31/36 BMX5H82 0.87 400,000 348,605.50
0.23 Bond - Foreign SRILAN 7.55 03/28/30 BJ7PMW6 0.58 600,000 345,664.17
0.23 Bond - Foreign PRXNA 3.832 02/08/51 BNBRK44 0.69 500,000 345,584.26
0.22 Bond - Foreign PHILIP 3.7 02/02/42 BYWYT99 0.83 400,000 333,708.79
0.22 Bond - Foreign PERU 3 01/15/34 BNTYXY8 0.82 400,000 329,432.61
0.22 Bond - Foreign REPHUN 3 1/8 09/21/51 BN6KY68 0.65 500,000 327,448.73
0.22 Bond - Foreign COLOM 3 1/8 04/15/31 BM8HHM7 0.81 400,000 325,111.17
0.21 Bond - Foreign PARGUY 5 04/15/26 BD2MDP0 1.00 314,000 314,676.58
0.21 Bond - Foreign EGYPT 7.903 02/21/48 BYWJDR0 0.78 400,000 311,022.74
0.21 Bond - Foreign OMAN 5 5/8 01/17/28 BFWM9S9 1.03 300,000 310,467.39
0.21 Bond - Foreign SENEGL 6 3/4 03/13/48 BF2LTP3 0.78 400,000 310,094.88
0.20 Bond - Foreign GHANA 8.627 06/16/49 BF5L3S1 0.50 600,000 301,092.00
0.20 Bond - Foreign PANAMA 6.4 02/14/35 BP0XN37 0.99 300,000 296,663.75
0.19 Bond - Foreign UKRAIN 6.876 05/21/31 BNNR0J7 0.28 1,000,000 282,500.00
0.19 Bond - Foreign BHRAIN 5 1/4 01/25/33 BN4N9S6 0.93 300,000 278,780.08
0.17 Bond - Foreign ROMANI 3 5/8 03/27/32 BNGFH97 0.87 300,000 261,245.06
0.15 Bond - Foreign PHILIP 5.95 10/13/47 BPTH590 1.09 200,000 217,651.48
0.14 Bond - Foreign PERTIJ 6.45 05/30/44 BMW3NT0 1.07 200,000 213,607.55
0.14 Bond - Foreign MOROC 6 1/2 09/08/33 BQXR5C6 1.06 200,000 211,808.79
0.14 Bond - Foreign RAIZBZ 6.45 03/05/34 BMFF9Y0 1.04 200,000 208,803.63
0.14 Bond - Foreign DPWDU 5 1/2 09/13/33 BP5JT43 1.03 200,000 205,355.39
0.14 Bond - Foreign GHANA 8.95 03/26/51 BJ1DJB4 0.51 400,000 204,347.60
0.14 Bond - Foreign FRIDPT 6.2 04/14/52 BNYNMZ4 1.02 200,000 203,880.02
0.13 Bond - Foreign DPWDU 4.848 09/26/28 BFCMGH7 1.00 200,000 200,159.16
0.13 Bond - Foreign BRAZIL 6 1/8 01/22/32 BS853W5 0.99 200,000 198,983.71
0.13 Bond - Foreign MEX 4.15 03/28/27 BF083X2 0.99 200,000 197,432.91
0.13 Bond - Foreign TENGIZ 4 08/15/26 BDCPB11 0.97 200,000 194,981.46
0.13 Bond - Foreign PERU 2.392 01/23/26 BMGFFS5 0.96 200,000 192,939.78
0.13 Bond - Foreign URUGUA 5.1 06/18/50 BNB7S17 0.96 200,000 192,880.33
0.13 Bond - Foreign DOMREP 6.4 06/05/49 BGLJW45 0.96 200,000 191,683.88
0.12 Bond - Foreign QATAR 4 5/8 06/02/46 BZ6CSL1 0.94 200,000 187,041.42
0.12 Bond - Foreign BRAZIL 3 3/4 09/12/31 BMD7M49 0.88 200,000 176,170.38
0.11 Bond - Foreign DPWDU 4.7 09/30/49 BJLBK60 0.85 200,000 170,574.60
0.11 Bond - Foreign HYUELE 2 3/8 01/19/31 BMV7YQ7 0.85 200,000 170,441.75
0.11 Bond - Foreign PKSTAN 7 3/8 04/08/31 BNDLS51 0.83 200,000 166,059.75
0.11 Bond - Foreign EGYPT 8 7/8 05/29/50 BMQC081 0.82 200,000 163,637.22
0.11 Bond - Foreign CHILE 3.86 06/21/47 BDT5NK7 0.79 200,000 158,611.94
0.10 Bond - Foreign TGPERU 4 1/4 04/30/28 B7ZRB45 0.98 160,000 156,832.26
0.10 Bond - Foreign SHJGOV 4 3/8 03/10/51 BMV3380 0.71 200,000 142,830.68
0.09 Bond - Foreign MOROC 4 12/15/50 BMHFZL7 0.70 200,000 139,109.60
0.09 Bond - Foreign ELSALV 7.1246 01/20/50 BJBLT29 0.69 200,000 137,559.09
0.09 Bond - Foreign ECUA 6 07/31/30 BMGR2C4 0.68 200,000 136,369.50
0.09 Bond - Foreign PANAMA 4 1/2 04/01/56 BK8TZM5 0.67 200,000 134,582.36
0.08 Bond - Foreign UKRAIN 7 3/4 09/01/28 BYSRS62 0.30 400,000 119,705.20
-0.03 Cash OTHER PAYABLE & RECEIVABLES 1.00 -48,323 -48,323.05
Holdings are subject to change. "Cash" denotes U.S. dollars.

ETF Characteristics As of 07/12/24

Macaulay Duration 7.5 Years
Modified Duration 7.25 Years
Yield to Maturity 6.57%
Issuer Type Breakdown
Government 68.51%
Corporate 30.47%
Other 1.02%

Source: new windowAltaVista Research, LLC

The Morningstar Rating™ for funds, or “star rating”, is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales load. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three- year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods.

As of 06/30, EMBD was rated against the following numbers of Emerging Markets Bond funds over the following time periods: 226 during the last 3 years. With respect to these Emerging Markets Bond funds, EMBD received a Morningstar Rating of 4 stars. Past performance is not indicative of future results.

© 2023 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

Preliminary National Association of Insurance Commissioners (NAIC) Designation refers to the NAIC Securities Valuation Office’s (SVO’s) opinion as to what NAIC Designation it believes the Fund would receive if owned by an insurance company and reported to the SVO. NAIC Designations are to be used solely by the state insurance regulators and by the insurance industry for financial solvency monitoring and not for purposes of investment decision-making.

The Securities Valuation Office of the National Association of Insurance Commissioners (NAIC) assigns credit quality designations to securities held by state-regulated insurance companies. NAIC Designations are opinions of credit quality that range from NAIC 1, being the highest quality, to NAIC 6, being the lowest quality. “P” is a valuation indicator used to classify perpetual preferred stock. NAIC designations allow ETFs to be reported as bonds or preferred stock (as appropriate) on NAIC Schedule D and are used to set Risk-Based Capital (RBC) requirements. NAIC designations only measure credit risk and do not measure other risks or factors that may affect repayment, such as volatility/interest rate, prepayment, extension or liquidity risk. Refer to official NAIC publication and guidance for official NAIC policies and definitions.

Preliminary NAIC Designations are the intellectual property of the National Association of Insurance Commissioners (NAIC) and are redistributed here under License. A Preliminary NAIC Designation is an opinion of the NAIC Securities Valuation Office (SVO) of the probable credit quality designation that would be assigned by the SVO to an investment if purchased by an insurance company and reported to the SVO. A Preliminary NAIC Designations is only one of the regulatory factors considered by the SVO as part of its analysis of probable regulatory treatment under the Regulatory Treatment Analysis Service. A full discussion of such other regulatory factors is set forth in the RTAS Letter provided to Global X. A Preliminary NAIC Designation cannot be used to report the ETF to state insurance regulators. However, the purchasing insurance company may obtain an NAIC Designation for the ETF by filing the security and final documents for the ETF with the SVO. The indication of probable regulatory treatment indicated by a Preliminary NAIC Designation is not a recommendation to purchase the ETF and is not intended to convey approval or endorsement of the ETF Sponsor or the ETF by the NAIC.

NAIC Designations are the intellectual property of the National Association of Insurance Commissioners (NAIC) and are redistributed here under License. An NAIC Designation is a proprietary symbol used by the NAIC Securities Valuation Office (SVO) to denote a category or band of credit risk (i.e., the likelihood of repayment in accordance with a written contract) for an issuer or for a security. NAIC Designations may be notched up or down to reflect the position of a specific liability in the issuer’s capital structure and/or the existence of other non-payment risk in the specific security. Under NAIC reporting rules, shares of an ETF are presumed to be reportable as common stock. The SVO may classify an ETF as a bond or preferred stock and assign it an NAIC Designation if it meets defined criteria. For a discussion of these criteria please call the SVO or refer to the Purposes and Procedures Manual of the NAIC Securities Valuation Office. The assignment of an NAIC Designation is not a recommendation to purchase the ETF and is not intended to convey approval or endorsement of the ETF Sponsor or the ETF by the NAIC.

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.

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.

Since the Fund’s shares did not trade in the secondary market until several days after the Fund’s inception, for the period from inception to the first day of secondary market trading in Shares, the NAV of the Fund is used to calculate market returns.

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.