Ashmore Emerging Markets Local Currency Bond Fund Institutional (ELBIX)
| Fund Assets | 9.93M |
| Expense Ratio | 0.80% |
| Min. Investment | $1,000,000 |
| Turnover | 55.00% |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | n/a |
| Previous Close | 7.01 |
| YTD Return | 0.24% |
| 1-Year Return | 7.11% |
| 5-Year Return | 11.00% |
| 52-Week Low | 6.82 |
| 52-Week High | 7.33 |
| Beta (5Y) | 0.39 |
| Holdings | 203 |
| Inception Date | Dec 8, 2010 |
About ELBIX
Ashmore SICAV Emerging Markets Local Currency Bond Fund Institutional Class is a mutual fund designed to offer exposure to fixed-income securities from emerging market countries, with a primary focus on bonds denominated in local currencies. The fund invests mainly in debt instruments issued by sovereign, quasi-sovereign, and supranational entities, providing diversified access across a wide range of emerging economies, including regions such as Latin America, Eastern Europe, Africa, the Middle East, and Asia. By holding securities in local currencies, the fund seeks to capture both the yield potential and the currency movements of emerging markets, while also referencing the JP Morgan Government Bond Index Emerging Market Global Diversified as a benchmark for its investment process. The fund is actively managed, allowing flexibility to invest in benchmark and non-benchmark constituents in varying proportions. It plays a significant role for institutional investors seeking diversification away from developed markets and traditional hard-currency bonds, and aims to maximize total return through a combination of income and capital appreciation, acknowledging the volatility and unique risks associated with emerging market debt and currency exposure.
Performance
ELBIX had a total return of 7.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.04%.
Top 10 Holdings
29.67% of assets| Name | Symbol | Weight |
|---|---|---|
| UNITED STATES OF AMERICA - BUREAU OF THE PUBLIC DEBT - B 0 06/04/26 | B | 6.25% |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL - BLTN 0 01/01/30 LTN | BLTN | 3.98% |
| COLOMBIA, REPUBLIC OF - MINISTERO DE HACIENDA Y CREDITO PUBLICO - COLTES 6 04/28/28 B | COLOM | 3.25% |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO - MUDI 4 08/30/29 S | MEX | 3.10% |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO - MBONO 7.75 05/29/31 M | MEX | 2.62% |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY - SAGB 8.75 01/31/44 2044 | SOAF | 2.29% |
| BRAZIL, FEDERATIVE REPUBLIC OF - SECRETARIA DO TESOURO NACIONAL - BLTN 0 01/01/28 LTN | BLTN | 2.28% |
| SOUTH AFRICA, REPUBLIC OF - NATIONAL TREASURY - SAGB 8.875 02/28/35 2035 | SOAF | 2.13% |
| UNITED MEXICAN STATES - SECRETARIA DE HACIENDA Y CREDITO PUBLICO - MBONO 8.5 05/31/29 M | MEX | 1.98% |
| CENTRAL BANK OF NIGERIA - NGOMOB 0 01/12/27 350D | NGERIA | 1.78% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 22, 2026 | $0.0576 | Apr 22, 2026 |
| Dec 17, 2025 | $0.18902 | Dec 17, 2025 |
| Oct 22, 2025 | $0.22161 | Oct 22, 2025 |
| Jan 22, 2025 | $0.15404 | Jan 22, 2025 |
| Oct 25, 2024 | $0.08715 | Oct 25, 2024 |
| Jul 24, 2024 | $0.0643 | Jul 24, 2024 |