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Morningstar

Ashmore Emerging Mkts Corp Inc A ECDAX

Morningstar Medalist Rating
Medalist Rating as of | See Ashmore Investment Hub
  • NAV / 1-Day Return 5.32  /  −0.17 %
  • Total Assets 57.9 Mil
  • Adj. Expense Ratio
    1.120%
  • Expense Ratio 1.120%
  • Distribution Fee Level Below Average
  • Share Class Type Front Load
  • Category Emerging Markets Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 4.63%
  • Effective Duration —

USD | NAV as of Apr 24, 2024 | 1-Day Return as of Apr 24, 2024, 11:37 PM GMT+0

Morningstar’s Analysis ECDAX

Will ECDAX 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 ECDAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the ECDAX 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 ECDAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit Ashmore Emerging Mkts Corp Inc A to a Morningstar Medalist Rating of Negative.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ECDAX

More ECDAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 9.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Petroleos de Venezuela SA 8.5%

4.93 2.9 Mil
Cash and Equivalents

CURRENCY CONTRACT - USD Purchased

2.12 1.3 Mil
Derivative

Savannah Energy PLC

1.25 748,390
Energy

Petroleos de Venezuela SA 9.75%

1.22 728,349
Government

CURRENCY CONTRACT - USD Purchased

1.20 717,015
Derivative

Mc Brazil Downstream Trading Sarl 7.25%

1.12 672,825
Corporate

Galaxy Pipeline Assets Bidco Ltd. 2.94%

1.09 650,937
Corporate

Akbank T.A.S. 9.3686%

1.00 597,600
Corporate

First Quantum Minerals Ltd. 8.625%

0.96 572,303
Corporate

Medco Bell Pte Ltd 6.375%

0.90 539,699
Corporate