WisdomTree Emerging Market Local Debt Fund
Find Ratings Reports- Last Ratings Update:02/29/2024
- Price as of 02/29/2024 :$27.33
- Net Assets:$0 Million
- NAV:$27.45
- Premium-0.44%
- Peer Rank:44 of 104
- Investment Rating:C-
- Performance:D+
- RiskB-
We rate WisdomTree Emg Mkts Local Debt Fd at C-. Positive factors that influence this rating include a low price volatility and low expense structure. The fund invests approximately 95% of its assets in bonds and may be considered for investors seeking an Emerging Market Income strategy.
Total return ranks below peers over the last three years. The WisdomTree Emg Mkts Local Debt Fd has returned an annual rate of 0.26% since inception. More recently, the fund has generated a total return of 0.69% in the last five years, -0.70% in the last three years, and 9.96% in the last year. How does that compare to other equity funds? In the last five years, it has outperformed 17% of them. It has also outpaced 32% of its competitors on a three year basis and 49% of them over the last year for the period ending 2/29/2024. On a year to date basis, ELD has returned -1.21%.
Downside risk has been below average. ELD has a draw down risk of -27.21%, which is the largest price decline experienced over the last three years. This fund has a three year standard deviation of 11.2%. This fund has had moderate volatility in its monthly performance over the last 36 months.
Low expense ratio helps performance. As ELD is an exchange traded fund, it has no front end or back end load.
The WisdomTree Emg Mkts Local Debt Fd is managed by David Nieman at WisdomTree Asset Management Inc. This fund is one of 65 WisdomTree Asset Management Inc exchange-traded funds launched since 6/16/2006 that we track.