PGIM Emerging Markets Debt Local Currency Fund-Class A (EMDAX)

Fund Assets	40.96M
Expense Ratio	1.158%
Min. Investment	$1,000
Turnover	47.00%
Dividend (ttm)	0.30
Dividend Yield	6.24%
Dividend Growth	15.29%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	4.810
YTD Return	1.58%
1-Year Return	4.81%
5-Year Return	11.89%
52-Week Low	4.670
52-Week High	5.110
Beta (5Y)	0.49
Holdings	837
Inception Date	Mar 30, 2011

About EMDAX

The PGIM Emerging Markets Debt Local Currency Fund Class A is a mutual fund focused on providing total return by investing primarily in local-currency denominated debt securities within emerging markets. Its principal strategy involves allocating at least 80% of its assets to fixed-income instruments and currencies issued by sovereign and corporate entities in emerging economies. These investments typically include bonds, debt securities, and derivatives aimed at capturing opportunities from both interest rate movements and currency fluctuations in developing markets. The fund is managed by a team with deep expertise in emerging market debt and currency strategies, seeking to balance risk and reward in regions such as Latin America, Asia, EMEA (Europe, Middle East, and Africa), and beyond. By focusing on local currency debt, the fund provides exposure to both credit markets and the potential appreciation of emerging market currencies against the U.S. dollar. This makes the fund a specialized vehicle for investors looking to diversify portfolios with assets that may behave differently from traditional U.S. fixed-income or equity investments. The fund distributes dividends monthly and is designed to appeal to those seeking income and diversification through access to emerging market local debt markets.

• Fund Family: PGIM
• Category: Emerging-Markets Local-Currency Bond
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: EMDAX
• Share Class: Class A
• Index: Index is not available on Lipper Database

Performance

EMDAX had a total return of 4.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.68%.

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

Other Share Classes

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

Symbol	Share Class	Expense Ratio
EMDQX	Class R6	0.65%
EMDZX	Class Z	0.72%
EMDCX	Class C	1.88%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02574	Sep 30, 2026
Aug 31, 2026	$0.02587	Aug 31, 2026
Jul 31, 2026	$0.02592	Jul 31, 2026
Jun 30, 2026	$0.02609	Jun 30, 2026
May 29, 2026	$0.02615	May 29, 2026
Apr 30, 2026	$0.02524	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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