MFS Emerging Markets Debt Local Currency Fund Class R6 (EMLNX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
5.72
+0.03 (0.53%)
Aug 1, 2025, 4:00 PM EDT
0.53%
Fund Assets468.63M
Expense Ratio0.78%
Min. Investment$0.00
Turnover59.00%
Dividend (ttm)0.26
Dividend Yield4.47%
Dividend Growth-14.77%
Payout FrequencyMonthly
Ex-Dividend DateJul 31, 2025
Previous Close5.69
YTD Return10.23%
1-Year Return8.75%
5-Year Return7.56%
52-Week Low5.18
52-Week High5.82
Beta (5Y)n/a
Holdings277
Inception DateDec 3, 2012

About EMLNX

MFS Emerging Markets Debt Local Currency Fund R6 is an actively managed mutual fund specializing in sovereign debt securities issued by emerging market governments. Its primary objective is to achieve total return, focusing on high current income with a secondary consideration for capital appreciation. The fund's strategy centers on investing in local currency-denominated bonds from a broad range of emerging market countries, employing a disciplined risk management approach that assesses both global and country-specific risk exposures. The portfolio is fundamentally driven, analyzing macroeconomic balances and sovereign risks to identify investment opportunities and anticipate necessary policy or market adjustments. Holdings typically include debt from countries like Brazil, Mexico, South Africa, China, and India, reflecting significant exposure to diverse currencies and interest rate environments. The fund is benchmarked against the JPMorgan GBI-EM Global Diversified Index, which ensures a diversified representation across emerging markets by capping individual country weights. MFS Emerging Markets Debt Local Currency Fund R6 plays a critical role in the financial market by providing investors with access to emerging market fixed income, contributing diversification and the potential for yield enhancement in multi-asset portfolios. The fund is suited for institutional and eligible retirement investors, offering R6 shares without front-end sales charges and maintaining competitive expense ratios.

Fund Family MFS
Category Emerging-Markets Local-Currency Bond
Stock Exchange NASDAQ
Ticker Symbol EMLNX
Share Class R6
Index Index is not available on Lipper Database

Performance

EMLNX had a total return of 8.75% in the past year, including dividends. Since the fund's inception, the average annual return has been -0.10%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FSEDXFidelityFidelity Series Em Mk Dbt Lcl Ccyn/a

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
EMLIXI0.85%
EMLMXR40.85%
EMLAXA1.10%
EMLLXR31.10%

Top 10 Holdings

44.31% of assets
NameSymbolWeight
Secretaria Do Tesouro Nacional 10%BNTNF.10 01.01.27 NTNF7.21%
Currency Cash CASH_USDn/a5.93%
USD/MYR NDF 20250711 Purchasedn/a5.25%
USD/THB FWD 20250718 Purchasedn/a5.19%
Mexico (United Mexican States) 7.75%MBONO.7.75 11.23.34 M4.19%
South Africa (Republic of) 8.88%SAGB.8.875 02.28.35 20353.94%
China (People's Republic Of) 2.88%CGB.2.88 02.25.33 INBK3.29%
Ministerio de Hacienda y Credito Publico 11%COLTES.11 08.22.29 B3.13%
Malaysia (Government Of) 3.58%MGS.3.582 07.15.32 01223.12%
India (Republic of) 7.18%IGB.7.18 07.24.373.06%

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2025$0.00658Aug 1, 2025
Jun 30, 2025$0.00658Jul 1, 2025
May 30, 2025$0.0195Jun 2, 2025
Apr 30, 2025$0.0215May 1, 2025
Mar 31, 2025$0.02464Apr 1, 2025
Feb 28, 2025$0.02664Mar 3, 2025
Full Dividend History