Ashmore Emerging Markets Local Currency Bond Fund Institutional (ELBIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
7.05
-0.01 (-0.14%)
Jul 9, 2025, 4:00 PM EDT
6.17%
Fund Assets 9.39M
Expense Ratio 0.80%
Min. Investment $1,000,000
Turnover 59.00%
Dividend (ttm) 0.31
Dividend Yield 4.33%
Dividend Growth n/a
Payout Frequency n/a
Ex-Dividend Date Jan 22, 2025
Previous Close 7.06
YTD Return 12.46%
1-Year Return 11.25%
5-Year Return 11.08%
52-Week Low 6.37
52-Week High 7.10
Beta (5Y) 0.39
Holdings 233
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.

Fund Family Ashmore
Category Emerging-Markets Local-Currency Bond
Stock Exchange NASDAQ
Ticker Symbol ELBIX
Share Class Institutional Class Shares
Index Index is not available on Lipper Database

Performance

ELBIX had a total return of 11.25% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.18%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
ELBAX Class A 1.05%
ELBCX Class C 1.80%

Top 10 Holdings

31.60% of assets
Name Symbol Weight
United States Treasury Bills - B 0 07/10/25 B 9.25%
Secretaria Do Tesouro Nacional - BLTN 0 01/01/30 LTN BLTN 4.59%
Secretaria Do Tesouro Nacional - BLTN 0 07/01/27 LTN BLTN 4.13%
Mexico (United Mexican States) - MBONO 7.75 05/29/31 M MEX 3.79%
India (Republic of) - IGB 7.18 07/24/37 IGB 1.93%
Secretaria Do Tesouro Nacional - BLTN 0 01/01/28 LTN BLTN 1.77%
South Africa (Republic of) - SAGB 8.75 01/31/44 2044 SOAF 1.65%
India (Republic of) - IGB 7.18 08/14/33 IGB 1.53%
Indonesia (Republic of) - INDOGB 7.125 06/15/38 FR98 INDON 1.50%
Poland (Republic of) - POLGB 6 10/25/33 1033 POLAND 1.47%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Jan 22, 2025 $0.15404 Jan 22, 2025
Oct 25, 2024 $0.08715 Oct 25, 2024
Jul 24, 2024 $0.0643 Jul 24, 2024
Apr 24, 2024 $0.11171 Apr 24, 2024
Dec 20, 2023 $0.10946 Dec 20, 2023
Oct 24, 2023 $0.18612 Oct 24, 2023
Full Dividend History