Invesco Emerging Markets Local Debt Fund Class A (OEMAX)
| Fund Assets | 103.20M |
| Expense Ratio | 1.23% |
| Min. Investment | $1,000 |
| Turnover | 114.00% |
| Dividend (ttm) | 0.42 |
| Dividend Yield | 6.88% |
| Dividend Growth | 21.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 6.06 |
| YTD Return | 3.50% |
| 1-Year Return | 18.75% |
| 5-Year Return | 8.03% |
| 52-Week Low | 5.03 |
| 52-Week High | 6.06 |
| Beta (5Y) | n/a |
| Holdings | 290 |
| Inception Date | Jun 30, 2010 |
About OEMAX
Invesco Emerging Markets Local Debt Fund Class A is an actively managed mutual fund focused on **local-currency sovereign debt** and associated foreign exchange exposures across emerging markets. The fund’s primary objective is **total return**, combining income from government bonds with potential gains from movements in local interest rates and currencies. It employs a **top‑down macro** framework alongside **bottom‑up country analysis** to allocate risk between duration and FX, seeking diversified drivers of return while managing downside risk. The portfolio is predominantly invested in **emerging market sovereign bonds**, complemented by selective derivatives and cash for liquidity and currency management. Recent holdings have included bonds from countries such as **Poland, South Africa, Malaysia, India, Türkiye, Indonesia, Colombia, and Mexico**, reflecting broad geographic exposure to local rate and FX cycles. The strategy integrates **ESG considerations** into its process and is positioned as a **pure‑play EM local bond** solution intended to complement developed‑market fixed income allocations. As a front‑load share class, it offers access to the team’s long-standing **international fixed-income** expertise dating back to the mid‑1990s.
Performance
OEMAX had a total return of 18.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.02%.
Top 10 Holdings
50.88% of assets| Name | Symbol | Weight |
|---|---|---|
| Usd/Cop Cfwd2026318 | n/a | 8.83% |
| Brl/Usd Cfwd202623 | n/a | 5.06% |
| Brl/Usd Cfwd202615 | n/a | 5.03% |
| Usd/Brl Cfwd202615 | n/a | 5.01% |
| Thb/Usd Cfwd2026318 | n/a | 5.01% |
| Inr/Usd Cfwd2026318 | n/a | 4.76% |
| Mexican Bonos Mbono 8 1/2 02/28/30 Ugb | n/a | 4.63% |
| Short-Term Investment Trust - Invesco Treasury Portfolio | TRPXX | 4.48% |
| COLOMBIAN TES COLTES 11 08/22/29 GB | COLTES.11 08.22.29 B | 4.16% |
| REPUBLIC OF POLAND GOVERNMENT BOND POLGB 1 3/4 04/25/32 GB | POLGB.1.75 04.25.32 0432 | 3.91% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0356 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0356 | Dec 31, 2025 |
| Nov 28, 2025 | $0.0356 | Nov 28, 2025 |
| Oct 31, 2025 | $0.0355 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0356 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0356 | Aug 29, 2025 |