AEMMX Performance — Emerging Markets Fund, A Class
Data updated: 2026-07-29
AEMMX returned +33.15% year to date and +70.58% over one year to May 2026. Annualised returns are +29.13% over 3 years and +6.46% over 5 years. The fund beat its Emerging Markets Equity category average: $100 invested three years ago grew to $215, against $186 for the category, and to $171 over one year, against $149. Volatility over the past three years was 17.32% a year. In the 12 months to May 2026 the fund lost a net $681.8M, and assets reached $2.03B.
AEMMX Growth of $100
What $100 invested in Emerging Markets Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Equity category average over the same months.
| Period | AEMMX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $171 | $149 |
| 3 years (Jun 2023 – May 2026) | $215 | $186 |
| 5 years (Jun 2021 – May 2026) | $137 | $145 |
| Since data start (Sep 2019 – May 2026) | $198 | $202 |
AEMMX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +33.15% |
| 1 year | +70.58% |
| 3 years (annualised) | +29.13% |
| 5 years (annualised) | +6.46% |
AEMMX Annual Returns
Calendar-year total returns of Emerging Markets Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | +33.15% |
| 2025 | +34.94% |
| 2024 | +11.28% |
| 2023 | +5.14% |
| 2022 | −28.35% |
| 2021 | −6.30% |
| 2020 | +24.71% |
| 2019 (Sep–Dec) | +12.43% |
AEMMX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +9.7% | +5.5% | −9.7% | +17.2% | +8.7% | — | — | — | — | — | — | — |
| 2025 | +0.7% | +0.1% | −0.1% | +0.7% | +3.9% | +7.8% | +1.1% | +3.9% | +7.0% | +4.5% | −1.5% | +2.8% |
| 2024 | −2.2% | +4.8% | +2.9% | −2.0% | +2.1% | +4.7% | 0.0% | +1.6% | +4.2% | −3.4% | −1.7% | +0.2% |
| 2023 | +8.9% | −9.0% | +3.4% | −1.7% | −3.1% | +4.5% | +6.0% | −6.3% | −3.7% | −3.5% | +7.8% | +3.6% |
| 2022 | −3.5% | −6.7% | −4.1% | −8.6% | +0.8% | −5.6% | −1.5% | −0.9% | −11.9% | −1.3% | +14.6% | −1.9% |
| 2021 | +3.2% | 0.0% | −2.6% | +1.2% | +1.5% | +1.0% | −5.5% | +3.1% | −5.3% | +1.8% | −5.5% | +1.3% |
| 2020 | −4.1% | −3.4% | −17.2% | +9.1% | +2.4% | +8.6% | +10.5% | +1.6% | +0.3% | +2.6% | +6.7% | +8.8% |
| 2019 | — | — | — | — | — | — | — | — | +1.7% | +4.4% | −0.8% | +6.8% |
AEMMX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 17.32%
- 3-year Sharpe ratio: 1.42 (vs 4.5% risk-free rate)
- Best month: +17.20% (Apr 2026)
- Worst month: −9.73% (Mar 2026)
AEMMX Fund Flows
Monthly money in and out of Emerging Markets Fund, from SEC Form N-PORT.
- 12-month net flow: −$681.8M
- 12-month gross sales (incl. reinvestments): $334.2M
- Sales ÷ redemptions: 0.33×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $36.0M | $76.2M | −$40.2M |
| Apr 2026 | $21.0M | $56.2M | −$35.3M |
| Mar 2026 | $33.2M | $78.4M | −$45.2M |
| Feb 2026 | $33.9M | $126.7M | −$92.8M |
| Jan 2026 | $32.3M | $70.1M | −$37.8M |
| Dec 2025 | $70.2M | $72.1M | −$1.9M |
| Nov 2025 | $17.8M | $31.9M | −$14.2M |
| Oct 2025 | $20.4M | $77.3M | −$56.9M |
| Sep 2025 | $21.2M | $203.5M | −$182.3M |
| Aug 2025 | $11.5M | $100.3M | −$88.9M |
| Jul 2025 | $12.4M | $46.0M | −$33.6M |
| Jun 2025 | $24.4M | $77.2M | −$52.8M |
AEMMX Assets Under Management
Net assets of Emerging Markets Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $2.03B |
| 2026-02-28 | $1.87B |
| 2025-11-30 | $1.72B |
| 2025-08-31 | $1.79B |
| 2025-05-31 | $1.74B |
| 2025-02-28 | $1.71B |
| 2024-11-30 | $1.78B |
| 2024-08-31 | $1.90B |
| 2024-05-31 | $1.95B |
| 2024-02-29 | $2.11B |
| 2023-11-30 | $2.14B |
| 2023-08-31 | $2.31B |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.