MFS Emerging Markets Debt Local Currency Fund (EMLMX)
| Fund Assets | 484.32M |
| Expense Ratio | 0.85% |
| Min. Investment | $0.00 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.24 |
| Dividend Yield | 4.01% |
| Dividend Growth | -22.91% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 5.92 |
| YTD Return | 14.03% |
| 1-Year Return | 7.40% |
| 5-Year Return | 9.70% |
| 52-Week Low | 5.21 |
| 52-Week High | 5.95 |
| Beta (5Y) | 0.39 |
| Holdings | 258 |
| Inception Date | Sep 15, 2011 |
About EMLMX
MFS Emerging Markets Debt Local Currency Fund R4 is a mutual fund focused on delivering total return with an emphasis on high current income, while also considering capital appreciation. The fund primarily invests in local currency-denominated sovereign debt issued by emerging market governments, such as Brazil, Mexico, South Africa, China, Colombia, Malaysia, India, and Peru. It employs a disciplined risk management approach that calibrates exposures to both country-specific and global risk factors. The investment process is fundamentally driven, with an emphasis on analyzing macroeconomic imbalances and sovereign credit risks to identify opportunities for alpha generation. The fund seeks to anticipate and position for macroeconomic adjustments, establishing positions in interest rates and currencies to capitalize on expected price movements. Serving institutional and eligible retirement plan investors, this fund plays a key role in diversifying fixed income portfolios and providing access to the economic growth prospects of emerging markets. Its benchmark is the JPMorgan GBI-EM Global Diversified Index, which ensures broad exposure across multiple regions while managing concentration risk.
Performance
EMLMX had a total return of 7.40% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.64%.
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 | $0.00617 | Sep 2, 2025 |
| Jul 31, 2025 | $0.00619 | Aug 1, 2025 |
| Jun 30, 2025 | $0.00619 | Jul 1, 2025 |
| May 30, 2025 | $0.01916 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02118 | May 1, 2025 |
| Mar 31, 2025 | $0.02436 | Apr 1, 2025 |