SPDR Bloomberg Emerging Markets Local Bond ETF Price & Performance (EBND)

Emerging market local currency bond ETFs have posted gains this month, outpacing both their dollar-denominated peers and U.S. bond ETFs. The SPDR Bloomberg Emerging Markets Local Bond ETF rose 1.5% in April, buoyed by a softer U.S. dollar and increased investor interest in developing-nation currencies.12

Despite a 61% drop in trading volume, institutional investors have significantly increased their stakes in the SPDR Bloomberg Emerging Markets Local Bond ETF. Recent filings show notable additions from several firms, reflecting continued confidence in emerging market debt even as the ETF’s share price remained steady last week.34

The First Trust Emerging Markets Local Currency Bond ETF has announced a $0.1425 dividend, underlining stable income for investors. The ETF’s price held at $27.58, mirroring the resilience seen across emerging market bond funds, which have generally outperformed their U.S. peers in the past month.56