Ashmore Emerging Markets Low Duration Fund Class C (ESDCX)
| Fund Assets | 10.18M |
| Expense Ratio | 1.67% |
| Min. Investment | $1,000 |
| Turnover | 50.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 3.25% |
| Dividend Growth | 5.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Oct 26, 2024 |
| Previous Close | 8.81 |
| YTD Return | 4.35% |
| 1-Year Return | 6.97% |
| 5-Year Return | n/a |
| 52-Week Low | 8.49 |
| 52-Week High | 8.86 |
| Beta (5Y) | n/a |
| Holdings | 51 |
| Inception Date | Jun 15, 2020 |
About ESDCX
The fund seeks to achieve its objective by investing principally in short-term debt instruments of, and derivative instruments related to, Sovereign, Quasi-Sovereign and Corporate issuers of Emerging Market Countries denominated exclusively in Hard Currencies (i.e., the U.S. dollar or any currency of a nation in the G-7). The fund normally seeks to maintain a weighted average portfolio duration of between 1 and 3 years and an Investment Grade weighted average credit rating. It has no restrictions on individual security duration.
Performance
ESDCX had a total return of 6.97% in the past year. Since the fund's inception, the average annual return has been -0.90%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FEDCX | Fidelity | Fidelity Series Emerging Markets Debt Fund | n/a |
Top 10 Holdings
25.01% of assets| Name | Symbol | Weight |
|---|---|---|
| Pt Mineral Industri Indonesia (Persero) - IDASAL 4.75 05/15/25 REGS | IDASAL | 3.96% |
| Petroleos Mexicanos - PEMEX 5.35 02/12/28 | PEMEX | 3.49% |
| Samba Funding Limited - SNBAB 2.75 10/02/24 | SNBAB | 3.31% |
| Bimbo Bakeries USA, Inc. - BIMBOA 6.05 01/15/29 REGS | BIMBOA | 2.08% |
| Alpha Star Holding VIII Ltd. - DAMACR 8.375 04/12/27 | DAMACR | 2.05% |
| OTP Bank Nyrt - OTPHB V7.5 05/25/27 EMTN | OTPHB | 2.05% |
| Kasikornbank Public Company Limited (Hong Kong Branch) - KBANK 5.458 03/07/28 | KBANK | 2.03% |
| HDFC Bank Ltd. - HDFCB 5.686 03/02/26 EMTN | HDFCB | 2.02% |
| Standard Chartered PLC - STANLN V7.776 11/16/25 REGS | STANLN | 2.01% |
| SK On Co., Ltd. - SKONKR 5.375 05/11/26 | SKONKR | 2.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Oct 26, 2024 | $0.02668 | Oct 26, 2024 |
| Sep 25, 2024 | $0.02583 | Sep 25, 2024 |
| Aug 23, 2024 | $0.02968 | Aug 23, 2024 |
| Jul 24, 2024 | $0.02812 | Jul 24, 2024 |
| Jun 21, 2024 | $0.0241 | Jun 21, 2024 |
| May 24, 2024 | $0.0297 | May 24, 2024 |