About EMLDX
The Invesco Emerging Markets Local Debt Fund Class R5 is an actively managed mutual fund specializing in debt securities issued by governments and corporations in emerging markets. Its primary function is to provide investors with a "pure-play" exposure to local-currency emerging market bonds, aiming to generate total return by leveraging opportunities across a diverse range of countries and currencies. The fund integrates Environmental, Social, and Governance (ESG) considerations into its investment process, enhancing its focus on sustainability alongside financial return.
Key features of this fund include a disciplined investment methodology that combines top-down macroeconomic evaluation with bottom-up country-specific analysis, enabling the team to tactically allocate risk across interest rates and foreign exchange exposures. The majority of the portfolio is allocated to sovereign bonds from emerging markets, complemented by select corporate bonds and non-U.S. debt instruments. With over 200 holdings and exposure across regions such as Latin America, Eastern Europe, Asia, and Africa, the fund is designed to complement developed market fixed income portfolios by adding diversification, yield, and potential growth from dynamic global markets. Its portfolio is managed by a team with decades of international fixed income experience, helping to interpret shifting market dynamics within a global context.
Fund Family Invesco
Category Emerging-Markets Local-Currency Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol EMLDX
Index Index is not available on Lipper Database
EMLDX had a total return of 2.25% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.16%.
