About OEMNX
Invesco Emerging Markets Local Debt Fund Class R is a mutual fund that seeks total return through investments in local currency emerging market sovereign debt. It employs a strategy combining top-down macro analysis with bottom-up country selection to identify opportunities across emerging markets bonds and currencies. The fund primarily allocates to securities from countries such as Poland, Malaysia, Indonesia, India, South Africa, Mexico, and Turkiye, focusing on government bonds denominated in local currencies. This approach aims to capture yields from high-interest-rate environments in emerging economies while navigating currency fluctuations and interest rate changes. As a non-diversified fund, it concentrates investments in a targeted portfolio of debt securities, typically holding over 150 positions. Invesco Emerging Markets Local Debt Fund Class R serves investors interested in fixed income exposure to developing regions, integrating environmental, social, and governance considerations in its process. Managed by Invesco, it provides access to this specialized asset class within the broader financial markets.
Fund Family Invesco
Category Emerging-Markets Local-Currency Bond
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol OEMNX
Index Index is not available on Lipper Database
OEMNX had a total return of 4.01% in the past year, including dividends.
Since the fund's inception, the average annual return has been 1.55%.
