Morningstar

Ashmore Emerging Mkts Lcl Ccy Bd A ELBAX

Morningstar Medalist Rating
Medalist Rating as of | See Ashmore Investment Hub
  • NAV / 1-Day Return 6.71  /  +0.15 %
  • Total Assets 10.2 Mil
  • Adj. Expense Ratio
    1.020%
  • Expense Ratio 1.020%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Emerging-Markets Local-Currency Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 7.06%
  • Effective Duration —

USD | NAV as of Sep 28, 2024 | 1-Day Return as of Sep 28, 2024, 12:12 AM GMT+0

Morningstar’s Analysis ELBAX

Will ELBAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable ELBAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ELBAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of ELBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Ashmore Emerging Mkts Lcl Ccy Bd A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ELBAX

More ELBAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

CURRENCY CONTRACT - MYR Purchased

5.72 560,945
Derivative

PAYB IRS_CCP MXN 10.14% Receive

5.57 546,597
Government

CURRENCY CONTRACT - USD Purchased

5.49 538,326
Derivative

CURRENCY CONTRACT - USD Purchased

5.28 518,128
Derivative

United States Treasury Bills 0%

4.98 488,625
Government

CURRENCY CONTRACT - BRL Purchased

4.91 482,125
Derivative

CURRENCY CONTRACT - PLN Purchased

4.83 474,160
Derivative

Secretaria Tesouro Nacional 0%

4.15 407,416
Government

Secretaria Tesouro Nacional 0%

4.11 403,576
Government

CURRENCY CONTRACT - USD Purchased

3.58 351,183
Derivative

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