MFS Emerging Markets Debt Local Currency Fund (EMLLX)
| Fund Assets | 484.32M |
| Expense Ratio | 1.10% |
| Min. Investment | $0.00 |
| Turnover | 59.00% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 3.79% |
| Dividend Growth | -24.05% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 5.84 |
| YTD Return | 12.84% |
| 1-Year Return | 7.33% |
| 5-Year Return | 8.68% |
| 52-Week Low | 5.19 |
| 52-Week High | 5.90 |
| Beta (5Y) | n/a |
| Holdings | 258 |
| Inception Date | Sep 15, 2011 |
About EMLLX
MFS Emerging Markets Debt Local Currency Fund R3 Shares is an actively managed mutual fund specializing in sovereign and quasi-sovereign debt securities issued by emerging market governments and denominated in local currencies. The fund’s primary objective is to achieve total return, with an emphasis on generating high current income while also considering capital appreciation. Its investment process is driven by a disciplined risk management framework, focusing on both country-specific and global risk factors. Portfolio managers fundamentally analyze macroeconomic imbalances and sovereign risks within emerging markets to identify investment opportunities, aiming to capitalize on interest rate and currency movements. The fund typically invests in a diversified basket of government bonds from regions such as Latin America, Asia, Africa, and Eastern Europe, and its benchmark is the JPMorgan GBI-EM Global Diversified Index, which also emphasizes diversification by capping individual country weights. With a history dating back to 2011, this fund plays a significant role in offering institutional and eligible investors access to the yield and diversification benefits of local currency emerging market debt within the broader fixed income landscape.
Performance
EMLLX had a total return of 7.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.33%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSEDX | Fidelity | Fidelity Series Em Mk Dbt Lcl Ccy | n/a |
Top 10 Holdings
41.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Currency Cash CASH_USD | n/a | 6.06% |
| USD/MYR NDF 20251010 Purchased | n/a | 5.26% |
| USD/THB FWD 20251017 Purchased | n/a | 5.08% |
| South Africa (Republic of) 8.88% | SAGB.8.875 02.28.35 2035 | 4.50% |
| Mexico (United Mexican States) 7.75% | MBONO.7.75 11.23.34 M | 4.04% |
| Ministerio de Hacienda y Credito Publico 11% | COLTES.11 08.22.29 B | 3.74% |
| Secretaria Do Tesouro Nacional 10% | BNTNF.10 01.01.27 NTNF | 3.70% |
| China (People's Republic Of) 2.88% | CGB.2.88 02.25.33 INBK | 3.37% |
| Malaysia (Government Of) 3.58% | MGS.3.582 07.15.32 0122 | 3.17% |
| INR/USD NDF 20250807 Purchased | n/a | 2.46% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.00495 | Sep 2, 2025 |
| Jul 31, 2025 | $0.00499 | Aug 1, 2025 |
| Jun 30, 2025 | $0.00501 | Jul 1, 2025 |
| May 30, 2025 | $0.01797 | Jun 2, 2025 |
| Apr 30, 2025 | $0.02001 | May 1, 2025 |
| Mar 31, 2025 | $0.02314 | Apr 1, 2025 |