Ashmore Emerging Markets Local Currency Bond Fund Class A (ELBAX)
| Fund Assets | 10.10M |
| Expense Ratio | 1.02% |
| Min. Investment | $1,000 |
| Turnover | 79.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 4.24% |
| Dividend Growth | 102.31% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Oct 25, 2024 |
| Previous Close | 6.28 |
| YTD Return | -1.21% |
| 1-Year Return | 9.01% |
| 5-Year Return | -4.89% |
| 52-Week Low | 6.10 |
| 52-Week High | 6.71 |
| Beta (5Y) | n/a |
| Holdings | 243 |
| Inception Date | May 12, 2011 |
About ELBAX
The fund seeks to achieve its objective by investing principally in debt instruments of Sovereign and Quasi-Sovereign issuers of Emerging Market Countries that are denominated in the local currency of the issuer. Sovereigns are governments of Emerging Market Countries. Quasi-Sovereigns are governmental entities, agencies and other issuers the obligations of which are guaranteed by an emerging market government and issuers otherwise represented in the J.P. Morgan Government Bond Index-Emerging Markets Global Diversified or a similar index as determined by the Investment Manager. The fund is non-diversified.
Performance
ELBAX had a total return of 9.01% in the past year. Since the fund's inception, the average annual return has been -1.90%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSEDX | Fidelity | Fidelity Series Em Mk Dbt Lcl Ccy | n/a |
Top 10 Holdings
27.89% of assets| Name | Symbol | Weight |
|---|---|---|
| Secretaria Tesouro Nacional - BLTN 0 01/01/30 LTN | BLTN | 4.47% |
| Secretaria Tesouro Nacional - BLTN 0 07/01/27 LTN | BLTN | 4.08% |
| Secretaria Tesouro Nacional - BNTNF 10 01/01/27 NTNF | BLTN | 3.26% |
| Barnes Group Inc. | B | 2.96% |
| Korea (Republic Of) - KTB 3 09/10/24 2409 | KOREA | 2.68% |
| Mexico (United Mexican States) - MBONO 7.75 05/29/31 M | MEX | 2.61% |
| Turkey (Republic of) - TURKGB 26.2 10/05/33 | TURKEY | 2.03% |
| Peru (Republic Of) - PERUGB 6.15 08/12/32 | PERU | 2.02% |
| South Africa (Republic of) - SAGB 8.25 03/31/32 2032 | SOAF | 1.96% |
| Poland (Republic of) - POLGB 6 10/25/33 1033 | POLAND | 1.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 25, 2024 | $0.08583 | Oct 25, 2024 |
| Jul 24, 2024 | $0.05951 | Jul 24, 2024 |
| Apr 24, 2024 | $0.10861 | Apr 24, 2024 |
| Dec 20, 2023 | $0.10938 | Dec 20, 2023 |
| Oct 24, 2023 | $0.17959 | Oct 24, 2023 |
| Jan 21, 2022 | $0.0874 | Jan 21, 2022 |