State Street SPDR Bloomberg Emerging Markets Local Bond ETF (EBND)Emerging-Markets Local-Currency Bond | Exchange Traded Fund | NYSEArca
20.85 USD
-0.09
(-0.430%) ⇩
(July 13, 2026, 3:59 p.m.
EDT)
|
Hot Take ↕ | July 11, 2026, 4:26 a.m. EDT
This emerging markets local bond ETF presents a classic case of a high-yield defensive asset caught in a secular downtrend. The most compelling signal is the long-term performance: despite a recent year-over-year recovery, the asset has lost nearly 24% of its value over the last nine years, dragging the price significantly below historical highs. This structural decline suggests the market views the underlying credit risks or currency exposures as persistent liabilities rather than temporary dislocations. The 5.79% dividend yield is attractive but acts more as a compensation for the capital loss risk than a true income floor. While the payout has been consistent recently, the yield is not high enough to offset the drag of the multi-year price erosion for a buy-and-hold strategy. The short-term outlook remains neutral; the price is hovering near its 52-week lows, offering some relative value, but there is no immediate catalyst driving a reversal. The statistical forecast models also lean slightly negative, reinforcing the lack of near-term momentum. Investors here are essentially buying a high coupon on a bond that has already lost significant principal, making it a hold for existing income portfolios but a poor entry point for capital appreciation. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.010053 |
| MSTL | 0.011063 |
| AutoETS | 0.012199 |
| AutoTheta | 0.012980 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 74% |
| H-stat | 0.70 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.760 |
| Excess Kurtosis | -0.29 |
As of July 11, 2026, 4:26 a.m. EDT: Options activity is virtually dormant with negligible open interest and volume across both calls and puts. Implied volatility is extremely low (near zero for September expirations), indicating a lack of speculative positioning or hedging demand. The market appears indifferent to near-term directional moves.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.53% | 5.80% | 5.66% | 5.25% |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-07-01 | 0.110 | 0.530120 |
| 2026-06-01 | 0.104 | 0.497132 |
| 2026-05-01 | 0.102 | 0.486641 |
| 2026-04-01 | 0.103 | 0.499031 |
| 2026-03-02 | 0.091 | 0.421882 |
| 2026-02-02 | 0.103 | 0.476631 |
| 2025-12-18 | 0.114 | 0.537736 |
| 2025-12-01 | 0.098 | 0.462482 |
| 2025-11-03 | 0.100 | 0.472144 |
| 2025-10-01 | 0.096 | 0.450493 |
| 2025-09-02 | 0.104 | 0.492191 |
| 2025-08-01 | 0.100 | 0.475511 |
| 2025-07-01 | 0.098 | 0.459878 |
| 2025-06-02 | 0.099 | 0.474365 |
| 2025-05-01 | 0.095 | 0.462737 |
| 2025-04-01 | 0.100 | 0.500501 |
| 2025-03-03 | 0.085 | 0.423729 |
| 2025-02-03 | 0.095 | 0.479072 |
| 2024-12-19 | 0.075 | 0.382653 |
| 2024-12-02 | 0.095 | 0.475238 |
| 2024-11-01 | 0.102 | 0.508982 |
| 2024-10-01 | 0.099 | 0.469194 |
| 2024-09-03 | 0.097 | 0.472019 |
| 2024-08-01 | 0.099 | 0.491315 |
| 2024-07-01 | 0.095 | 0.481256 |
| 2024-06-03 | 0.101 | 0.502738 |
| 2024-05-01 | 0.096 | 0.483384 |
| 2024-04-01 | 0.099 | 0.487205 |
| 2024-03-01 | 0.091 | 0.440252 |
| 2024-02-01 | 0.101 | 0.482330 |
| 2023-12-18 | 0.084 | 0.400763 |
| 2023-12-01 | 0.098 | 0.472517 |
| 2023-11-01 | 0.097 | 0.492886 |
| 2023-10-02 | 0.095 | 0.486680 |
| 2023-09-01 | 0.083 | 0.401354 |
| 2023-08-01 | 0.096 | 0.454545 |
| 2023-07-03 | 0.091 | 0.430871 |
| 2023-06-01 | 0.092 | 0.437055 |
| 2023-05-01 | 0.080 | 0.382775 |
| 2023-04-03 | 0.127 | 0.600189 |
| 2023-03-01 | 0.082 | 0.396518 |
| 2023-02-01 | 0.094 | 0.432383 |
| 2022-12-19 | 0.089 | 0.437561 |
| 2022-12-01 | 0.090 | 0.438810 |
| 2022-11-01 | 0.090 | 0.477961 |
| 2022-10-03 | 0.089 | 0.464267 |
| 2022-09-01 | 0.091 | 0.454773 |
| 2022-08-01 | 0.089 | 0.431202 |
| 2022-07-01 | 0.099 | 0.487685 |
| 2022-06-01 | 0.092 | 0.430108 |
| 2022-05-02 | 0.038 | 0.179839 |
| 2022-04-01 | 0.056 | 0.246914 |
| 2022-03-01 | 0.072 | 0.313862 |
| 2022-02-01 | 0.080 | 0.328812 |
| 2021-12-17 | 0.077 | 0.318182 |
| 2021-12-01 | 0.078 | 0.321252 |
| 2021-11-01 | 0.082 | 0.330512 |
| 2021-10-01 | 0.078 | 0.307571 |
| 2021-09-01 | 0.083 | 0.316190 |
| 2021-08-02 | 0.082 | 0.312500 |
| 2021-07-01 | 0.076 | 0.289745 |
| 2021-06-01 | 0.080 | 0.298063 |
| 2021-05-03 | 0.077 | 0.291115 |
| 2021-04-01 | 0.075 | 0.287687 |
| 2021-03-01 | 0.071 | 0.264334 |
| 2021-02-01 | 0.078 | 0.282302 |
| 2020-12-18 | 0.085 | 0.303463 |
| 2020-12-01 | 0.078 | 0.283327 |
| 2020-11-02 | 0.085 | 0.323933 |
| 2020-10-01 | 0.074 | 0.281155 |
| 2020-09-01 | 0.081 | 0.302691 |
| 2020-08-03 | 0.081 | 0.303598 |
| 2020-07-01 | 0.103 | 0.393130 |
| 2020-06-01 | 0.085 | 0.322826 |
| 2020-05-01 | 0.080 | 0.321156 |
| 2020-04-01 | 0.101 | 0.419958 |
| 2020-03-02 | 0.086 | 0.316992 |
| 2020-02-03 | 0.091 | 0.329591 |
| 2019-12-20 | 0.099 | 0.358826 |
| 2019-12-02 | 0.091 | 0.336166 |
| 2019-11-01 | 0.102 | 0.367303 |
| 2019-10-01 | 0.088 | 0.325564 |
| 2019-09-03 | 0.108 | 0.400593 |
| 2019-08-01 | 0.114 | 0.413643 |
| 2019-07-01 | 0.135 | 0.487013 |
| 2019-06-03 | 0.116 | 0.434620 |
| 2019-05-01 | 0.113 | 0.426094 |
| 2019-04-01 | 0.122 | 0.452522 |
| 2019-03-01 | 0.099 | 0.364641 |
| 2019-02-01 | 0.120 | 0.435414 |
| 2018-12-19 | 0.105 | 0.401837 |
| 2018-12-03 | 0.098 | 0.369393 |
| 2018-11-01 | 0.115 | 0.438931 |
| 2018-10-01 | 0.107 | 0.408865 |
| 2018-09-04 | 0.113 | 0.442270 |
| 2018-08-01 | 0.103 | 0.377704 |
| 2018-07-02 | 0.099 | 0.370925 |
| 2018-06-01 | 0.107 | 0.384477 |
| 2018-05-01 | 0.100 | 0.344353 |
| 2018-04-02 | 0.101 | 0.334437 |
| 2018-03-01 | 0.099 | 0.330661 |
| 2018-02-01 | 0.099 | 0.324059 |
| 2017-12-19 | 0.149 | 0.506114 |
| 2017-12-01 | 0.103 | 0.349271 |
| 2017-11-01 | 0.105 | 0.361197 |
| 2017-10-02 | 0.104 | 0.351233 |
| 2017-09-01 | 0.134 | 0.445923 |
| 2014-02-03 | 0.067 | 0.238859 |
| 2013-12-27 | 0.081 | 0.272086 |
| 2013-12-02 | 0.125 | 0.423298 |
| 2013-11-01 | 0.100 | 0.329815 |
| 2013-10-01 | 0.127 | 0.421088 |
| 2013-08-01 | 0.061 | 0.204561 |
| 2013-06-03 | 0.119 | 0.383747 |
| 2013-05-01 | 0.074 | 0.222623 |
| 2012-12-27 | 0.847 | 2.632070 |
| 2012-12-03 | 0.186 | 0.575317 |
| 2012-10-01 | 0.094 | 0.291744 |
| 2012-09-04 | 0.132 | 0.414053 |
| 2012-08-01 | 0.088 | 0.278481 |
| 2011-12-28 | 0.136 | 0.463373 |
| 2011-12-01 | 0.105 | 0.353893 |
| 2011-11-01 | 0.033 | 0.108481 |
| 2011-08-01 | 0.114 | 0.349586 |
| 2011-07-01 | 0.150 | 0.466128 |
| 2011-06-01 | 0.119 | 0.367624 |
| 2011-05-02 | 0.087 | 0.267199 |
| 2011-04-01 | 0.075 | 0.241080 |
| Attribute | Value |
|---|---|
| All Time High | 33.57 |
| All Time Low | 18.45 |
| Ask | 0.0 |
| Ask Size | 1,900 |
| Average Daily Volume10 Day | 340,270 |
| Average Daily Volume3 Month | 326,518 |
| Average Volume | 326,518 |
| Average Volume10Days | 340,270 |
| Beta3 Year | 1.23 |
| Bid | 0.0 |
| Bid Size | 800 |
| Category | Emerging-Markets Local-Currency Bond |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 20.92 |
| Day Low | 20.845 |
| Dividend Date | 1,392,076,800 |
| Dividend Yield | 5.79 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 20.8922 |
| Fifty Day Average Change | -0.04220009 |
| Fifty Day Average Change Percent | -0.0020198969 |
| Fifty Two Week Change Percent | -1.0396957 |
| Fifty Two Week High | 21.94 |
| Fifty Two Week High Change | -1.0900002 |
| Fifty Two Week High Change Percent | -0.049680952 |
| Fifty Two Week Low | 20.36 |
| Fifty Two Week Low Change | 0.48999977 |
| Fifty Two Week Low Change Percent | 0.024066785 |
| Fifty Two Week Range | 20.36 - 21.94 |
| First Trade Date Milliseconds | 1,298,557,800,000 |
| Five Year Average Return | 0.0084488 |
| Full Exchange Name | NYSEArca |
| Fund Family | State Street Investment Management |
| Fund Inception Date | 1,298,419,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index and in securities that the Adviser determines have economic characteristics that are substantially identical to the economic characteristics of the securities that comprise the index. The index is designed to measure the performance of the fixed-rate local currency sovereign debt of emerging market countries. It is non-diversified. |
| Long Name | State Street SPDR Bloomberg Emerging Markets Local Bond ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_127589578 |
| Nav Price | 20.90792 |
| Net Assets | 2,260,436,990.0 |
| Net Expense Ratio | 0.3 |
| Open | 20.92 |
| Pre Market Change | 0.0 |
| Pre Market Change Percent | 0.0 |
| Pre Market Price | 20.85 |
| Pre Market Time | 1,784,016,440 |
| Previous Close | 20.94 |
| Price Hint | 2 |
| Quote Source Name | Delayed Quote |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.0900002 |
| Regular Market Change Percent | -0.4298 |
| Regular Market Day High | 20.92 |
| Regular Market Day Low | 20.845 |
| Regular Market Day Range | 20.845 - 20.92 |
| Regular Market Open | 20.92 |
| Regular Market Previous Close | 20.94 |
| Regular Market Price | 20.85 |
| Regular Market Time | 1,783,972,796 |
| Regular Market Volume | 230,182 |
| Short Name | State Street SPDR Bloomberg Eme |
| Source Interval | 15 |
| Symbol | EBND |
| Three Year Average Return | 0.0450777 |
| Total Assets | 2,260,436,992 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 3.6066 |
| Trailing Three Month Returns | 3.6066 |
| Triggerable | 1 |
| Two Hundred Day Average | 21.1966 |
| Two Hundred Day Average Change | -0.34659958 |
| Two Hundred Day Average Change Percent | -0.016351659 |
| Type Disp | ETF |
| Volume | 230,182 |
| Yield | 0.0579 |
| Ytd Return | 0.33079 |