Ashmore Emerging Markets Total Return Fund A Class (EMKAX)
| Fund Assets | 76.52M |
| Expense Ratio | 1.35% |
| Min. Investment | $1,000 |
| Turnover | 42.00% |
| Dividend (ttm) | 0.26 |
| Dividend Yield | 5.00% |
| Dividend Growth | 5.55% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 5.07 |
| YTD Return | 6.89% |
| 1-Year Return | 12.09% |
| 5-Year Return | -8.99% |
| 52-Week Low | 4.72 |
| 52-Week High | 5.07 |
| Beta (5Y) | n/a |
| Holdings | 442 |
| Inception Date | May 12, 2011 |
About EMKAX
Ashmore Emerging Markets Total Return Fund Class A is a mutual fund focused on maximizing total return through investments in debt instruments issued by sovereign, quasi-sovereign, and corporate entities within emerging market economies. The fund maintains a diversified portfolio with strategic allocations across local currency bonds, external debt, and a smaller share in corporate debt, aiming to balance income opportunities with global diversification. Its investment strategy typically involves holding a significant portion of assets in locally denominated bonds, while also actively managing exposure to external emerging market debt, enabling it to navigate changing economic and interest rate environments effectively. The fund’s average portfolio duration generally spans 2 to 10 years, reflecting an intermediate-term focus and sensitivity to interest rate movements. By allocating capital across regions such as Latin America, Eastern Europe, Africa, the Middle East, and Asia, Ashmore Emerging Markets Total Return Fund Class A plays a crucial role in providing access to the evolving credit markets of developing nations, supporting both income generation and risk diversification for investors seeking exposure to global fixed income outside developed markets.
Performance
EMKAX had a total return of 12.09% in the past year, including dividends. Since the fund's inception, the average annual return has been -1.88%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGYMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class C | 0.76% |
| FGWMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class M | 0.76% |
| FGBMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class Z | 0.76% |
| FGZMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class I | 0.76% |
| FNMIX | Fidelity | Fidelity New Markets Income Fund | 0.76% |
Top 10 Holdings
22.12% of assets| Name | Symbol | Weight |
|---|---|---|
| Petroleos de Venezuela SA - PDVSA 8.5 10/27/20 REGS | PDVSA | 9.11% |
| Secretaria Do Tesouro Nacional - BLTN 0 07/01/27 LTN | BLTN | 2.65% |
| Secretaria Do Tesouro Nacional - BLTN 0 01/01/30 LTN | BLTN | 1.83% |
| Secretaria Do Tesouro Nacional - BNTNF 10 01/01/27 NTNF | BLTN | 1.40% |
| South Africa (Republic of) - SAGB 8 01/31/30 2030 | SOAF | 1.25% |
| Mexico (United Mexican States) - MBONO 8.5 05/31/29 M | MEX | 1.23% |
| Malaysia (Government Of) - MGS 3.519 04/20/28 0223 | MALAYS | 1.18% |
| Mexico (United Mexican States) - MBONO 7.75 05/29/31 M | MEX | 1.18% |
| India (Republic of) - IGB 7.18 07/24/37 | IGB | 1.16% |
| China (People's Republic Of) - CGB 2.27 05/25/34 INBK | CGB | 1.14% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.01848 | Jun 20, 2025 |
| May 23, 2025 | $0.02212 | May 23, 2025 |
| Apr 23, 2025 | $0.02133 | Apr 23, 2025 |
| Mar 21, 2025 | $0.0209 | Mar 21, 2025 |
| Feb 21, 2025 | $0.0215 | Feb 21, 2025 |
| Jan 22, 2025 | $0.0308 | Jan 22, 2025 |