MFS Emerging Markets Debt Local Currency Fund (EMLBX)
| Fund Assets | 472.90M |
| Expense Ratio | 1.85% |
| Min. Investment | $1,000 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 3.47% |
| Dividend Growth | -18.01% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 5.84 |
| YTD Return | 12.35% |
| 1-Year Return | 7.18% |
| 5-Year Return | 4.83% |
| 52-Week Low | 5.19 |
| 52-Week High | 5.85 |
| Beta (5Y) | n/a |
| Holdings | 307 |
| Inception Date | Sep 15, 2011 |
About EMLBX
MFS Emerging Markets Debt Local Currency Fund is an actively managed mutual fund focusing on debt instruments issued by governments and related entities in emerging market countries, with investments made primarily in the local currencies of these nations. The fund’s main objective is to achieve total return with an emphasis on generating high current income, while also considering opportunities for capital appreciation. It employs a disciplined risk management strategy, balancing exposures to both country-specific and global risk factors, and utilizes a fundamentally driven investment process—analyzing macroeconomic imbalances and sovereign risks to identify potential sources of excess return. The fund’s portfolio typically includes sovereign and government-related bonds from a diverse range of regions such as Latin America, Asia, Africa, Eastern Europe, and the Middle East, providing broad exposure to the economic dynamics of emerging markets. As a benchmark, it tracks the JPMorgan Government Bond Index Emerging Markets Global Diversified, which reflects the local currency bond markets of developing economies. The fund is managed by experienced portfolio managers and is designed for investors seeking both income and diversification through access to emerging market fixed income assets.
Performance
EMLBX had a total return of 7.18% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.37%.
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
42.28% of assets| Name | Symbol | Weight |
|---|---|---|
| Secretaria Do Tesouro Nacional 10% | BNTNF.10 01.01.27 NTNF | 5.43% |
| USD/MYR NDF 20250711 Purchased | n/a | 5.34% |
| USD/THB FWD 20250718 Purchased | n/a | 5.14% |
| Currency Cash CASH_USD | n/a | 4.95% |
| South Africa (Republic of) 8.88% | SAGB.8.875 02.28.35 2035 | 4.32% |
| Mexico (United Mexican States) 7.75% | MBONO.7.75 11.23.34 M | 4.10% |
| Ministerio de Hacienda y Credito Publico 11% | COLTES.11 08.22.29 B | 3.69% |
| China (People's Republic Of) 2.88% | CGB.2.88 02.25.33 INBK | 3.21% |
| Malaysia (Government Of) 3.58% | MGS.3.582 07.15.32 0122 | 3.07% |
| CZK/USD FWD 20250718 Purchased | n/a | 3.02% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.00144 | Aug 1, 2025 |
| Jun 30, 2025 | $0.00151 | Jul 1, 2025 |
| May 30, 2025 | $0.01448 | Jun 2, 2025 |
| Apr 30, 2025 | $0.01659 | May 1, 2025 |
| Mar 31, 2025 | $0.01974 | Apr 1, 2025 |
| Feb 28, 2025 | $0.0218 | Mar 3, 2025 |