EBND

The transition to a greener economy is evident, and the rise of ESG as an important framework to analyze material non-financial factors has proven its worth.Increasing tensions between China and the U.S. may lead to further regionalization of the world.All in, while the COVID-19 pandemic has certainly tested the EM corporate asset class, issuers in our universe have performed well and the asset class has shown maturity and resilience.

SPDR Bloomberg Barclays Emerging Markets Local Bond ETF (EBND) - $0.0738.30-Day SEC Yield of 3.28% as of Sept.30.Payable Oct 07; for shareholders of record Oct 02; ex-div Oct 01.

Despite a growing economic and technological decoupling between China and the West, the financial divide is actually shrinking.China's bond market - now the second largest in the world - has seen increased foreign participation, especially in its government bond market, where foreign ownership now exceeds 9%, up from a negligible level just a few years ago.The unknowns of the post-COVID-19 landscape demand greater attention to portfolio construction, and investors may wish to consider alternative paths to a more efficient portfolio and a diversified stream of returns.