Morningstar

PGIM Emerging Markets Debt Local Currency Fund-Class A EMDAX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 4.86  /  +0.21 %
  • Total Assets 41.8M
  • Adj. Expense Ratio
    1.130%
  • Expense Ratio 1.130%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Emerging-Markets Local-Currency Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 5.65%
  • Effective Duration 6.57 years

USD | NAV as of Jul 22, 2026 | 1-Day Return as of Jul 22, 2026, 12:11 AM GMT+0

Morningstar’s Analysis EMDAX

Will EMDAX outperform in the 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 EMDAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

PGIM Emerging Markets Dbt Lcl Ccy A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings EMDAX

More EMDAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 25.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Brl/Usd Fwd 20260804 Barcus33

6.48 3M
Derivative

Usd/Brl Fwd 20260702 Barcus33

6.45 3M
Derivative

Usd/Php Fwd 20260916 Citius33

5.46 2M
Derivative

Myr/Usd Fwd 20260917 00235

5.16 2M
Derivative

Usd/Zar Fwd 20260916 Mslngb2x

4.55 2M
Derivative

Idr/Usd Fwd 20260916 Scseus31

4.51 2M
Derivative

Mexico (United Mexican States) 8.5%

4.40 2M
Government

Usd/Zar Fwd 20260916 955

4.07 2M
Derivative

Inr/Usd Fwd 20260916 Mslngb2x

3.91 2M
Derivative

Cnh/Usd Fwd 20260916 Mslngb2x

3.64 2M
Derivative

Sponsor Center