About OEMIX
Invesco Emerging Markets Local Debt Fund Class R6 is an actively managed mutual fund focused on **total return** from a mix of emerging markets local-currency sovereign bonds and currencies. The strategy blends top‑down macro views with bottom‑up country analysis, allocating across interest rate and foreign exchange exposures to capture opportunities in local markets while referencing the J.P. Morgan GBI‑EM Global Diversified benchmark. The portfolio spans a broad set of issuers and instruments, including government bonds from countries such as Colombia, Poland, Malaysia, Indonesia, India, Mexico, South Africa, and Türkiye, alongside currency forwards to manage FX risk and positioning. As of the latest fund materials, the vehicle holds hundreds of positions with a mid‑single‑digit effective duration, reflecting balanced interest rate sensitivity in the local debt segment. The fund integrates **ESG considerations** within its investment process and distributes income **monthly**, aligning with its role as a diversifying sleeve within global fixed income allocations seeking exposure to emerging market rates and currencies. It operates within the Morningstar category for **Emerging‑Markets Local‑Currency Bond** strategies.
Fund Family Invesco
Category Emerging-Markets Local-Currency Bond
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol OEMIX
Index Index is not available on Lipper Database
OEMIX had a total return of 20.94% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.29%.
