---
ticker: "LEMB"
name: "iShares J.P. Morgan EM Local Currency Bond ETF"
url: "https://etf.net/etf/LEMB"
grade: "A"
score: 76
graded_at: "2026-10-12"
category: "Emerging Markets Bonds (Local Currency)"
category_rank: "2 of 7"
methodology: "https://etf.net/methodology"
---

# LEMB: iShares J.P. Morgan EM Local Currency Bond ETF

Grade **A**, Score 76 of 100. Rank 2 of 7 in Emerging Markets Bonds (Local Currency).

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 80 | 1 of 7 |
| Mission | 96 | 2 of 7 |
| Risk | 57 | 3 of 7 |
| Tradability | 60 | 3 of 7 |
| Holdings | 71 | 2 of 7 |
| Durability | 76 | 1 of 7 |

## Top holdings

The fund holds 484 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | PARAGUAY REPUBLIC OF (GOVERNMENT) RegS 8.50% 04/04/2038 | 1.78% |
| 2 | — | Uruguay (Oriental Republic Of) 8.00% 10/29/2035 | 1.68% |
| 3 | — | Serbia (Republic Of) 7.00% 10/26/2031 | 1.46% |
| 4 | — | PARAGUAY REPUBLIC OF (GOVERNMENT) RegS 8.50% 03/04/2035 | 1.30% |
| 5 | — | DOMINICAN REPUBLIC (GOVERNMENT) RegS 10.50% 03/15/2037 | 1.30% |
| 6 | — | Uruguay (Oriental Republic Of) 9.75% 07/20/2033 | 1.26% |
| 7 | — | DOMINICAN REPUBLIC (GOVERNMENT) RegS 10.75% 06/01/2036 | 1.12% |
| 8 | — | PARAGUAY REPUBLIC OF (GOVERNMENT) RegS 7.90% 02/09/2031 | 0.97% |
| 9 | — | Turkey (Republic Of) 30.00% 09/12/2029 | 0.97% |
| 10 | — | Serbia (Republic Of) 4.50% 08/20/2032 | 0.88% |
| 11 | — | Uruguay (Oriental Republic Of) 8.25% 05/21/2031 | 0.82% |
| 12 | — | Brazil Federative Republic of (Gov 10.00% 01/01/2031 | 0.82% |
| 13 | — | Turkey (Republic Of) 26.20% 10/05/2033 | 0.81% |
| 14 | — | Serbia (Republic Of) 5.25% 07/27/2035 | 0.79% |
| 15 | — | DOMINICAN REPUBLIC (GOVERNMENT) RegS 11.25% 09/15/2035 | 0.77% |
| 16 | — | Serbia (Republic Of) 5.88% 02/08/2028 | 0.74% |
| 17 | — | DOMINICAN REPUBLIC (GOVERNMENT) RegS 13.63% 02/03/2033 | 0.73% |
| 18 | — | Chile (Republic Of) 6.00% 04/01/2033 | 0.67% |
| 19 | — | Peru (Republic Of) 6.85% 08/12/2035 | 0.64% |
| 20 | — | Turkey (Republic Of) 31.08% 11/08/2028 | 0.62% |
| 21 | — | Brazil Federative Republic of (Gov 0.00% 01/01/2029 | 0.59% |
| 22 | — | Peru (Republic Of) 7.30% 08/12/2033 | 0.58% |
| 23 | — | Peru (Republic Of) 5.40% 08/12/2034 | 0.54% |
| 24 | — | South Africa (Republic Of) 8.75% 02/28/2048 | 0.53% |
| 25 | — | Colombia (Republic Of) 13.25% 02/09/2033 | 0.52% |
| 26 | — | Brazil Federative Republic of (Gov 0.00% 07/01/2029 | 0.51% |
| 27 | — | Peru (Republic Of) 6.90% 08/12/2037 | 0.51% |
| 28 | — | South Africa (Republic Of) 8.88% 02/28/2035 | 0.47% |
| 29 | — | Mexico (United Mexican States) (Go 8.50% 02/28/2030 | 0.47% |
| 30 | — | UZBEKISTAN (REPUBLIC OF) RegS 12.25% 04/13/2029 | 0.47% |

Source: etf.net, https://etf.net/etf/LEMB. Please cite the page URL.