iShares J.P. Morgan USD Emerging Markets Bond ETF (EMB) is an exchange-traded fund that seeks to track the investment results of the J.P. Morgan EMBI Global Core Index, composed of U.S. dollar-denominated bonds issued by emerging market sovereign entities with at least $1 billion outstanding and a minimum of two years remaining to maturity; the fund provides exposure to investment-grade and high-yield debt from countries including Turkey, Brazil, Mexico, Saudi Arabia, Dominican Republic, Philippines, Romania, Argentina, Colombia, and Egypt, among others, with top holdings typically representing over 3% each of the portfolio.
The ETF, managed by BlackRock under its iShares brand, offers monthly distributions, charges an expense ratio of 0.39%, and focuses on fixed income asset class investments without pursuing sustainable, impact, or ESG strategies.
Launched on December 17, 2007, EMB trades on the Nasdaq and is issued from BlackRock's headquarters in New York.
In recent developments, the ETF has maintained steady portfolio rebalancing aligned with the underlying index, including periodic updates to reflect changes in emerging market sovereign debt issuances and maturities; BlackRock, as the issuer, completed the acquisition of ElmTree Funds in 2025 to expand its real estate offerings, though this does not directly impact EMB operations.