Morningstar

MFS Emerging Markets Debt Local Currency Fund Class R2 EMLKX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 6.04  /  +0.17 %
  • Total Assets 535.1M
  • Adj. Expense Ratio
    1.360%
  • Expense Ratio 1.360%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Medium
  • Category Emerging-Markets Local-Currency Bond
  • Credit Quality / Interest Rate Sensitivity —
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.46%
  • Effective Duration 4.98 years

USD | NAV as of Aug 18, 2026 | 1-Day Return as of Aug 18, 2026, 12:10 AM GMT+0

Morningstar’s Analysis EMLKX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

MFS Emerging Markets Debt Lcl Ccy R2 holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings EMLKX

More EMLKX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 27.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Currency Cash CASH_USD

7.72 41M
Cash and Equivalents

USD/MYR NDF 20260715 Purchased

6.36 34M
Derivative

Mexico (United Mexican States) 7.75%

5.74 31M
Government

USD/THB FWD 20260717 Purchased

5.57 30M
Derivative

USD/CNH FWD 20260717 Purchased

5.39 29M
Derivative

Cash Offset

5.06 27M
—

Indonesia (Republic of) 5.88%

4.77 26M
Government

BRL/USD NDF 20260806 Purchased

4.10 22M
Derivative

South Africa (Republic of) 8.75%

4.04 22M
Government

COP/USD NDF 20260804 Purchased

3.54 19M
Derivative

Sponsor Center