AEMPX — AllianzGI Emerging Markets Opportunities Fund

AEMPX Fund Overview

AEMPX — AllianzGI Emerging Markets Opportunities Fund is a US mutual fund managed by Virtus Investment Trust, categorised as Emerging Markets Large Cap Blend / Core Industrials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Virtus Investment Trust
• Category: Emerging Markets Large Cap Blend / Core Industrials Equity
• Assets under management: $232.28M
• 1-year return: 15.1%
• Ticker: AEMPX
• SEC CIK: 0000867297
• SEC series ID: S000012942
• Share class ID: C000066149

AEMPX Investment Objective and Strategy

AllianzGI Emerging Markets Opportunities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Virtus Investment Trust.

Investment objective

The Fund seeks maximum long-term capital appreciation.

Principal investment strategy

The Fund seeks to achieve its investment objective by normally investing at least 80% of its net assets (plus borrowings made for investment purposes) in securities of companies that are tied economically to countries with emerging securities marketsthat is, countries with securities markets that are, in the opinion of the portfolio managers, less sophisticated than more developed markets in terms of participation by investors, analyst coverage, liquidity and/or regulation. The Fund will normally invest primarily in companies located in the countries represented in the Funds benchmark, the MSCI Emerging Markets Index (Emerging Market Countries), and have exposure to at least 5 Emerging Market Countries. The portfolio managers seek to invest in emerging markets equities which they believe are benefiting from change not yet fully reflected in the market.

Members of the portfolio management team believe that behavioral biases of investors contribute to market inefficiencies. Their quantitative investment process begins with a proprietary investment-return forecasting model which combines behavioral factors (which seek to capitalize on human behavioral biases (i.e., systematic tendencies) from financial analysts, company management and investors), with intrinsic and valuation factors (which are expected to provide tangible measures of a companys true worth). The portfolio managers integrate this multi-factor approach with a proprietary risk model to form the basis of portfolio construction, with constraints at the individual security, country and industry levels to manage exposures relative to the benchmark. Additionally, all investment recommendations are thoroughly vetted on an individual company level to confirm the investment rationale and suitability before a purchase or sale.

The Fund normally invests primarily in common stocks, either directly or indirectly through depositary receipts. In addition to common stocks, equity securities in which the Fund may invest include, without limitation, preferred stocks, convertible securities and warrants. The Fund may invest in issuers of any size market capitalization, including smaller capitalization companies. The Fund may utilize foreign currency exchange contracts, options, stock index futures contracts and other derivative instruments. The Fund may also use participatory notes (P-Notes) or other equity-linked notes to gain exposure to issuers in certain countries. Although the Fund did not invest significantly in derivative instruments as of the most recent fiscal year end, it may do so at any time.

AEMPX Holdings

Top 10 holdings of AllianzGI Emerging Markets Opportunities Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.

View all AEMPX holdings

AEMPX Portfolio Allocation

Asset-class allocation of AllianzGI Emerging Markets Opportunities Fund by percentage of net assets, from the latest SEC N-PORT filing.

AEMPX Performance

Total returns for AEMPX (as of 2026-10-01), from SEC filings.

AEMPX Risk Information

Risk metrics for AEMPX, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 15.5%

AEMPX Costs and Fees

AEMPX costs about $104 per $10,000 invested per year in fund expenses.

• Net expense ratio: 1.04%
• Gross expense ratio: 1.23%
• Portfolio turnover: 146%
• Brokerage commissions: 17.19 bps of average net assets (SEC N-CEN)

AEMPX Cashflows

Over the 12 months to 2026-06, AllianzGI Emerging Markets Opportunities Fund had net outflows of $21.16M, from monthly SEC N-PORT filings.

AEMPX Debt Constituents

No individual debt constituents are reported in AllianzGI Emerging Markets Opportunities Fund's latest SEC N-PORT filing.

AEMPX Prospectus and SEC Filings

Official AllianzGI Emerging Markets Opportunities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2025-10-22
• Prospectus (485BPOS) — filed 2024-10-24
• Prospectus (485BPOS) — filed 2023-10-24
• Portfolio holdings (N-PORT) — filed 2026-08-28
• Portfolio holdings (N-PORT) — filed 2026-06-01
• Portfolio holdings (N-PORT) — filed 2026-02-26
• Annual census (N-CEN) — filed 2026-09-11
• Annual census (N-CEN) — filed 2025-09-12

Related Funds

Other Emerging Markets Large Cap Blend / Core Industrials Equity funds tracked on ABC INVEST:

• Dodge & Cox Emerging Markets Stock Fund (DODEX)
• Emerging Markets Portfolio (SNEMX)
• SPDR MSCI Emerging Markets Fossil Fuel Reserves Free ETF (EEMX)
• ABS Insights Emerging Markets Fund (IEMIX)
• FlexShares Emerging Markets Quality Low Volatility Index Fund (QLVE)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.