Ashmore Emerging Markets Corporate Income Fund Class A (ECDAX)
| Fund Assets | 17.61M |
| Expense Ratio | 1.19% |
| Min. Investment | $1,000 |
| Turnover | 52.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 8.37% |
| Dividend Growth | 55.23% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 21, 2026 |
| Previous Close | 5.45 |
| YTD Return | -2.14% |
| 1-Year Return | 2.61% |
| 5-Year Return | -10.54% |
| 52-Week Low | 5.14 |
| 52-Week High | 5.70 |
| Beta (5Y) | 0.29 |
| Holdings | 187 |
| Inception Date | May 12, 2011 |
About ECDAX
Ashmore Emerging Markets Corporate Income Fund Class A is a mutual fund specializing in corporate fixed-income securities from emerging market economies. Its primary aim is to maximize total return by investing in bonds and other debt instruments issued by corporations across more than 60 emerging market countries. The fund strategically focuses on the full range of credit qualities and can hold both U.S. dollar-denominated and local currency issues, with non-dollar/hard currency exposure typically capped at 20% of portfolio assets to manage currency risk. By tracking the JP Morgan CEMBI Broad Diversified index, the fund provides exposure to diversified corporate sectors within regions such as Latin America, Eastern Europe, Asia, Africa, and the Middle East. Market participants use this fund to diversify their fixed-income holdings and access growth-oriented credit opportunities in developing economies, while the fund’s monthly dividend distribution may provide consistent income for shareholders. Through its emphasis on corporate issuers, the Ashmore Emerging Markets Corporate Income Fund Class A plays a specialized role in connecting global investors to emerging market credit dynamics and diversifying their international bond portfolios.
Performance
ECDAX had a total return of 2.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.25%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FEDCX | Fidelity | Fidelity Series Emerging Markets Debt Fund | n/a |
Top 10 Holdings
25.58% of assets| Name | Symbol | Weight |
|---|---|---|
| Petroleos de Venezuela SA 8.5% | PDVSA.8.5 10.27.20 REGS | 9.64% |
| Cash Offset | n/a | 2.57% |
| Petroleos de Venezuela SA 9.75% | PDVSA.9.75 05.17.35 REGS | 2.48% |
| JSC National Company KazMunayGas 6.375% | KZOKZ.6.375 10.24.48 REGS | 2.05% |
| Bank of East Asia Ltd. (The) 4.875% | BNKEA.V4.875 04.22.32 EMTN | 1.67% |
| AngloGold Ashanti Holdings PLC 3.375% | ANGSJ.3.375 11.01.28 | 1.46% |
| Medco Maple Tree Pte Ltd. 8.96% | MEDCIJ.8.96 04.27.29 REGS | 1.45% |
| Greensaif Pipelines Bidco S.a r.l. 6.51% | GASBCM.6.51 02.23.42 REGS | 1.43% |
| EIG Pearl Holdings S.a r.l. 3.545% | EIGPRL.3.545 08.31.36 REGS | 1.42% |
| Ecopetrol S.A. 8.375% | ECOPET.8.375 01.19.36 | 1.40% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 21, 2026 | $0.18666 | Jan 21, 2026 |
| Dec 17, 2025 | $0.02404 | Dec 17, 2025 |
| Nov 21, 2025 | $0.01985 | Nov 21, 2025 |
| Oct 22, 2025 | $0.01997 | Oct 22, 2025 |
| Sep 24, 2025 | $0.03242 | Sep 24, 2025 |
| Aug 22, 2025 | $0.0274 | Aug 22, 2025 |