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Morningstar

Ashmore Emerging Mkts Lcl Ccy Bd C ELBCX

Morningstar Medalist Rating
Medalist Rating as of | See Ashmore Investment Hub
  • NAV / 1-Day Return 6.19  /  0.00
  • Total Assets 10.7 Mil
  • Adj. Expense Ratio
    1.770%
  • Expense Ratio 1.770%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category Emerging-Markets Local-Currency Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield —
  • Effective Duration —

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 11:58 PM GMT+0

Morningstar’s Analysis ELBCX

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

People Pillar

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

Ashmore Emerging Mkts Lcl Ccy Bd C's Average People Pillar and Process Pillar ratings are n't enough to prevent other weaknesses from sending this strategy 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 most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings ELBCX

More ELBCX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 125
  • Other Holdings 29
  • % Assets in Top 10 Holdings 29.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash

6.58
732,181
Cash and Equivalents

Secretaria Tesouro Nacional 10%

6.54
727,690
Government

Secretaria Tesouro Nacional 10%

3.62
402,029
Government

Secretaria Tesouro Nacional 0%

3.22
358,418
Government

Mexico (United Mexican States) 7.75%

2.94
326,416
Government

Indonesia (Republic of) 8.125%

2.93
325,947
Government

The Republic of Korea 3%

2.87
319,137
Government

Secretaria Tesouro Nacional 0%

2.72
302,224
Government

Secretaria Tesouro Nacional 0%

2.34
260,621
Government

South Africa (Republic of) 10.5%

1.85
205,496
Government