China and India are still in positive territory for the year 1. For investors in search of yield, navigating the emerging market fixed-income universe requires similar flexibility. With the Federal Reserve easing its way back to normalizing interest rates, emerging market bonds are likely to be able to adjust more smoothly than they have in the past. Indecision around a Federal Reserve rate-hike has been somewhat of a distraction for markets but until that uncertainty is lifted, monthly distributions help to make high-quality emerging market bonds an attractive investment opportunity.
1 Bloomberg data as of 8/31/2015 in CAD