Key stats
About WisdomTree Emerging Markets Local Debt Fund
Home page
Inception date
Aug 9, 2010
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
WisdomTree Asset Management, Inc.
Distributor
Foreside Fund Services LLC
ELD is an actively-managed fund that picks and chooses among all types of debtsovereign and corporateissued in over 10 different emerging markets. Thanks to its active structure, ELD's portfolio tilts are fluid: country and currency exposure will ebb and flow. The strategy aims to provide broad coverage of emerging debt markets, so country weightings are capped at 20%. The portfolio aims to have an effective duration of between 2 to 10 years, meaning longer-term debt is largely outside its purview. It's worth noting that the fund uses currency forwards to improve liquidity when trading illiquid securities. One word of caution: ELD owns derivatives, which opens investors up to potential counterparty risk.
Related funds
Classification
What's in the fund
Exposure type
Government
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
ELD trades at 27.66 USD today, its price has fallen −1.02% in the past 24 hours. Track more dynamics on ELD price chart.
ELD net asset value is 27.68 today — it's risen 1.49% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
ELD assets under management is 72.01 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
ELD price has risen by 0.49% over the last month, and its yearly performance shows a 3.91% increase. See more dynamics on ELD price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.49% over the last month, showed a 4.54% increase in three-month performance and has increased by 8.66% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.49% over the last month, showed a 4.54% increase in three-month performance and has increased by 8.66% in a year.
ELD fund flows account for −6.72 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
ELD invests in bonds. See more details in our Analysis section.
ELD expense ratio is 0.55%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, ELD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, ELD technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ELD shows the buy signal. See more of ELD technicals for a more comprehensive analysis.
Today, ELD technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating ELD shows the buy signal. See more of ELD technicals for a more comprehensive analysis.
Yes, ELD pays dividends to its holders with the dividend yield of 5.38%.
ELD trades at a premium (0.23%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
ELD shares are issued by WisdomTree, Inc.
ELD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 9, 2010.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.