Morningstar

MFS Emerging Markets Debt Local Currency Fund Class R3 EMLLX

Morningstar Medalist Rating
Medalist Rating as of | See MFS Investment Hub
  • NAV / 1-Day Return 5.97  /  +0.17 %
  • Total Assets 528.6M
  • Adj. Expense Ratio
    1.110%
  • Expense Ratio 1.110%
  • Distribution Fee Level Below 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 3.42%
  • Effective Duration 4.98 years

USD | NAV as of Jul 21, 2026 | 1-Day Return as of Jul 21, 2026, 10:46 PM GMT+0

Morningstar’s Analysis EMLLX

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

  • People Pillar

    The People Pillar is our evaluation of the EMLLX 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 EMLLX’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 R3 holds a quantitatively derived Gold Morningstar Medalist Rating. The rating reflects that it has scored particularly well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings EMLLX

More EMLLX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Currency Cash CASH_USD

10.74 61M
Cash and Equivalents

Cash Offset

6.37 36M
—

USD/CNH FWD 20260717 Purchased

6.24 35M
Derivative

USD/THB FWD 20260717 Purchased

5.40 31M
Derivative

USD/MYR NDF 20260715 Purchased

4.58 26M
Derivative

South Africa (Republic of) 8.75%

4.45 25M
Government

BRL/USD NDF 20260806 Purchased

4.04 23M
Derivative

Mexico (United Mexican States) 7.75%

3.51 20M
Government

Indonesia (Republic of) 5.88%

3.36 19M
Government

Malaysia (Government Of) 3.58%

3.34 19M
Government

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