MFS Emerging Markets Debt Local Currency Fund (EMLCX)
| Fund Assets | 488.54M |
| Expense Ratio | 1.85% |
| Min. Investment | $1,000 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 2.73% |
| Dividend Growth | -37.25% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 5.92 |
| YTD Return | 14.08% |
| 1-Year Return | 10.76% |
| 5-Year Return | 6.54% |
| 52-Week Low | 5.18 |
| 52-Week High | 5.94 |
| Beta (5Y) | n/a |
| Holdings | 274 |
| Inception Date | Sep 15, 2011 |
About EMLCX
MFS Emerging Markets Debt Local Currency Fund is a mutual fund that seeks to deliver total return with a primary emphasis on high current income, while also considering capital appreciation. This fund predominantly invests in debt instruments issued by governments and entities economically tied to emerging market countries, with holdings denominated in local currencies. The portfolio is actively managed with a disciplined risk management approach, focusing on calibrating exposures to both country-specific and global risks. The investment process is fundamentally driven, aiming to identify opportunities stemming from macroeconomic imbalances and sovereign risk within emerging markets. The fund’s benchmark, the JPMorgan GBI-EM Global Diversified Index, measures the performance of local currency bonds across a wide range of emerging economies. Typical sectors impacted include government finance, infrastructure, and economic development in Latin America, Asia, Africa, the Middle East, and Eastern Europe. The fund provides investors with diversified exposure to emerging market sovereign debt, playing a significant role in portfolios seeking income and diversification away from developed market bonds.
Performance
EMLCX had a total return of 10.76% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.26%.
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
39.02% of assets| Name | Symbol | Weight |
|---|---|---|
| Currency Cash CASH_USD | n/a | 6.18% |
| USD/MYR NDF 20251010 Purchased | n/a | 5.18% |
| USD/THB FWD 20251017 Purchased | n/a | 4.99% |
| Mexico (United Mexican States) 7.75% | MBONO.7.75 11.23.34 M | 4.13% |
| Secretaria Do Tesouro Nacional 10% | BNTNF.10 01.01.27 NTNF | 3.78% |
| Ministerio de Hacienda y Credito Publico 11% | COLTES.11 08.22.29 B | 3.45% |
| China (People's Republic Of) 2.88% | CGB.2.88 02.25.33 INBK | 3.27% |
| Malaysia (Government Of) 3.58% | MGS.3.582 07.15.32 0122 | 3.14% |
| South Africa (Republic of) 8.25% | SAGB.8.25 03.31.32 2032 | 2.48% |
| South Africa (Republic of) 8.88% | SAGB.8.875 02.28.35 2035 | 2.43% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.00144 | Oct 1, 2025 |
| Aug 29, 2025 | $0.00131 | Sep 2, 2025 |
| Jul 31, 2025 | $0.00144 | Aug 1, 2025 |
| Jun 30, 2025 | $0.00151 | Jul 1, 2025 |
| May 30, 2025 | $0.01446 | Jun 2, 2025 |
| Apr 30, 2025 | $0.01656 | May 1, 2025 |