PGIM Emerging Markets Debt Local Currency Fund-Class R6 (EMDQX)
| Fund Assets | 35.94M |
| Expense Ratio | 0.65% |
| Min. Investment | $0.00 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 5.73% |
| Dividend Growth | -14.61% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 4.900 |
| YTD Return | 11.34% |
| 1-Year Return | 8.49% |
| 5-Year Return | 6.29% |
| 52-Week Low | 4.410 |
| 52-Week High | 4.920 |
| Beta (5Y) | n/a |
| Holdings | 699 |
| Inception Date | Mar 30, 2011 |
About EMDQX
PGIM Emerging Markets Debt Local Currency Fund is a mutual fund that primarily focuses on investing in debt securities from emerging market countries, with a significant emphasis on instruments denominated in local currencies. Its primary purpose is to seek total return by allocating at least 80% of its investable assets to a mix of local currency bonds and related fixed-income instruments from sovereign and corporate issuers within emerging economies. This strategy provides broad exposure to both credit and currency risks associated with these markets, offering potential diversification benefits and access to the growth dynamics of developing nations. The fund plays a distinct role in the market by allowing investors to tap into emerging market debt while seeking to benefit from movements in local currencies, rather than being limited to U.S. dollar-denominated assets. It is notably recognized for its diversified holdings and for providing regular income distributions, reflecting its status as a specialized tool for those seeking to integrate emerging market fixed income exposure into broader portfolios.
Performance
EMDQX had a total return of 8.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.48%.
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
48.84% of assets| Name | Symbol | Weight |
|---|---|---|
| Inr/Usd Fwd 20250917 221 | n/a | 6.55% |
| Usd/Zar Fwd 20250917 Barcus33 | n/a | 6.12% |
| Brl/Usd Fwd 20250702 5 | n/a | 6.08% |
| Brl/Usd Fwd 20250804 5 | n/a | 5.61% |
| Usd/Brl Fwd 20250702 5 | n/a | 5.54% |
| Mxn/Usd Fwd 20250917 Midlgb22 | n/a | 4.57% |
| Secretaria Do Tesouro Nacional 10% | BNTNF.10 01.01.27 NTNF | 4.34% |
| Eur/Usd Fwd 20250722 Mslngb2x | n/a | 3.81% |
| Myr/Usd Fwd 20250917 Barcus33 | n/a | 3.11% |
| Myr/Usd Fwd 20250917 Mslngb2x | n/a | 3.11% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.02562 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02537 | Jun 30, 2025 |
| May 30, 2025 | $0.02447 | May 30, 2025 |
| Apr 30, 2025 | $0.02295 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02418 | Mar 31, 2025 |
| Feb 28, 2025 | $0.01984 | Feb 28, 2025 |