About DEDAX
Macquarie Emerging Markets Debt Corporate Fund Class A is a mutual fund focused on providing current income, with a secondary objective of capital appreciation, primarily through investments in emerging markets corporate debt. The fund invests at least 80% of its assets in interest-bearing debt instruments issued by corporations in developing economies, with holdings denominated in both OECD and emerging market currencies. The fund's strategy emphasizes a disciplined research process, combining in-depth corporate analysis with sovereign and macroeconomic assessments, to navigate the diverse and often less efficient markets of emerging countries.
This fund typically maintains a diversified portfolio, with a vast majority allocated to bonds and a minor proportion in cash and other instruments, providing exposure to a range of industries and regions—Latin America, Eastern Europe, Asia, Africa, and the Middle East. Managed by a team of seasoned specialists, the fund leverages rigorous credit and environmental, social, and governance (ESG) evaluations to manage risk and identify opportunities within the global emerging markets debt universe. Macquarie Emerging Markets Debt Corporate Fund Class A plays a significant role for investors seeking access to the yield potential and diversification offered by corporate bonds in emerging economies.
Fund Family Nomura
Category Emerging Markets Bond
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol DEDAX
Share Class Class A
Index Index is not available on Lipper Database
DEDAX had a total return of 5.95% in the past year, including dividends.
Since the fund's inception, the average annual return has been 4.25%.
