MFS Emerging Markets Debt Local Currency Fund (EMLIX)
| Fund Assets | 484.32M |
| Expense Ratio | 0.85% |
| Min. Investment | $0.00 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 4.04% |
| Dividend Growth | -22.95% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 5.80 |
| YTD Return | 12.98% |
| 1-Year Return | 7.88% |
| 5-Year Return | 8.99% |
| 52-Week Low | 5.16 |
| 52-Week High | 5.85 |
| Beta (5Y) | n/a |
| Holdings | 258 |
| Inception Date | Sep 15, 2011 |
About EMLIX
MFS Emerging Markets Debt Local Currency Fund Class I is an actively managed mutual fund focused on generating total return, with a primary emphasis on high current income and a secondary goal of capital appreciation. The fund primarily invests at least 80% of its assets in debt instruments issued by entities tied to emerging market countries and denominated in local currencies. These countries span regions such as Latin America, Asia, Africa, the Middle East, and Eastern Europe. The investment approach is fundamentally driven, utilizing disciplined risk management to balance exposures to both country-specific and broader global risk factors. The fund’s portfolio typically emphasizes government and government-related bonds but can also include corporate debt instruments and derivatives linked to rates and currencies. By targeting local currency emerging market bonds, the fund offers exposure to both the interest rate and currency movements in these dynamic economies. With an inception date of September 2011 and a moderate expense ratio, this fund serves as a vehicle for investors seeking diversified access to emerging markets fixed income, often complementing traditional global bond allocations in a broader investment portfolio.
Performance
EMLIX had a total return of 7.88% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.47%.
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
41.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Currency Cash CASH_USD | n/a | 6.06% |
| USD/MYR NDF 20251010 Purchased | n/a | 5.26% |
| USD/THB FWD 20251017 Purchased | n/a | 5.08% |
| South Africa (Republic of) 8.88% | SAGB.8.875 02.28.35 2035 | 4.50% |
| Mexico (United Mexican States) 7.75% | MBONO.7.75 11.23.34 M | 4.04% |
| Ministerio de Hacienda y Credito Publico 11% | COLTES.11 08.22.29 B | 3.74% |
| Secretaria Do Tesouro Nacional 10% | BNTNF.10 01.01.27 NTNF | 3.70% |
| China (People's Republic Of) 2.88% | CGB.2.88 02.25.33 INBK | 3.37% |
| Malaysia (Government Of) 3.58% | MGS.3.582 07.15.32 0122 | 3.17% |
| INR/USD NDF 20250807 Purchased | n/a | 2.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.00611 | Sep 2, 2025 |
| Jul 31, 2025 | $0.00612 | Aug 1, 2025 |
| Jun 30, 2025 | $0.00614 | Jul 1, 2025 |
| May 30, 2025 | $0.01899 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02099 | May 1, 2025 |
| Mar 31, 2025 | $0.02409 | Apr 1, 2025 |