About OEMIX
Invesco Emerging Markets Local Debt Fund Class R6 is a mutual fund that seeks total return by investing in local currency sovereign debt securities issued by emerging market governments. The fund employs a combination of top-down macroeconomic analysis and bottom-up country evaluation to identify investment opportunities across emerging market bonds and currencies. With an effective duration of approximately 6 years, the fund maintains exposure to government bonds from countries including Mexico, Colombia, Poland, Malaysia, Indonesia, India, South Africa, and Turkey. The strategy generates returns through local yields, capital appreciation from yield curve movements and credit standing changes, and foreign exchange movements. The fund targets income generation and long-term growth while providing portfolio diversification benefits and yield enhancement relative to developed market fixed income. As an actively managed fund, it integrates Environmental, Social, and Governance considerations into its investment process. Class R6 shares are designed for retirement plans meeting certain standards and institutional investors, with no sales charge and performance measured at net asset value.
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 6.93% in the past year, including dividends.
Since the fund's inception, the average annual return has been 0.76%.
