MFS Emerging Markets Debt Local Currency Fund Class A (EMLAX)

Fund Assets	530.70M
Expense Ratio	1.11%
Min. Investment	$1,000
Turnover	82.00%
Dividend (ttm)	0.24
Dividend Yield	4.10%
Dividend Growth	7.14%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	5.88
YTD Return	0.44%
1-Year Return	3.70%
5-Year Return	12.00%
52-Week Low	5.78
52-Week High	6.22
Beta (5Y)	0.49
Holdings	274
Inception Date	Sep 15, 2011

About EMLAX

MFS Emerging Markets Debt Local Currency Fund Class A is an actively managed mutual fund focused on generating total return with an emphasis on high current income, while also considering capital appreciation. Its primary investment strategy involves allocating at least 80% of its net assets to debt instruments from issuers tied economically to emerging market countries, denominated in local currencies. The fund’s portfolio predominantly features government and government-related bonds, but also includes positions in corporate debt, offering broad exposure across Latin America, Asia, Eastern Europe, Africa, and the Middle East. By investing in local-currency emerging market debt, the fund provides exposure to both interest rate and currency movements in developing economies—potentially enhancing portfolio diversification and yield compared to traditional developed-market fixed income. The fund benchmarks its performance against the JPMorgan Government Bond Index Emerging Markets Global Diversified, reflecting its goal to capture the return potential of sovereign emerging market debt. With a professional management team and a disciplined risk management approach, the fund plays a significant role for investors seeking access to the opportunities and risks inherent in global emerging market fixed income markets.

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

Performance

EMLAX had a total return of 3.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.69%.

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
EMLNX	R6	0.79%
EMLIX	I	0.86%
EMLMX	R4	0.86%
EMLLX	R3	1.11%

Top 10 Holdings

52.57% of assets

Name	Symbol	Weight
Currency Cash CASH_USD	n/a	8.66%
USD/MYR NDF 20261015 Purchased	n/a	6.38%
Cash Offset	n/a	5.98%
Mexico (United Mexican States) 7.75%	MBONO.7.75 05.29.31 M	5.91%
THB/USD FWD 20261015 Purchased	n/a	5.55%
Indonesia (Republic of) 5.88%	INDOGB.5.875 03.15.31 109	4.78%
CNH/USD FWD 20261016 Purchased	n/a	3.89%
BRL/USD NDF 20260806 Purchased	n/a	3.85%
South Africa (Republic of) 8.75%	SAGB.8.75 01.31.44 2044	3.80%
BRL/USD NDF 20260806 Purchased	n/a	3.78%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 31, 2026	$0.022	Sep 1, 2026
Jul 31, 2026	$0.02199	Aug 3, 2026
Jun 30, 2026	$0.02205	Jul 1, 2026
May 29, 2026	$0.02205	Jun 1, 2026
Apr 30, 2026	$0.02005	May 1, 2026
Mar 31, 2026	$0.02001	Apr 1, 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:

Sep 30, 2026

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