DCDEX — DuPont Capital Emerging Markets Debt Fund

Data updated: 2021-03-19

DCDEX — DuPont Capital Emerging Markets Debt Fund. Money Market · $7.36M AUM · 0.89% expense ratio. Holdings, fees, performance and SEC filings.

DCDEX Fund Overview

DCDEX — DuPont Capital Emerging Markets Debt Fund is a US mutual fund managed by FundVantage Trust, categorised as Money Market. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

  • Type: US mutual fund
  • Manager: FundVantage Trust
  • Category: Money Market
  • Assets under management: $7.36M
  • 1-year return: -1.5%
  • Ticker: DCDEX
  • SEC CIK: 0001388485
  • SEC series ID: S000033688
  • Share class ID: C000103746

DCDEX Investment Objective and Strategy

DuPont Capital Emerging Markets Debt Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by FundVantage Trust.

Investment objective

"The DuPont Capital Emerging Markets Debt Fund (the ""Emerging Markets Debt Fund"" or the ""Fund"") seeks high total return from current income and capital appreciation."

Principal investment strategy

"The Fund will normally invest at least 80% of its net assets (plus any borrowings made for investment purposes) in a portfolio of emerging markets debt instruments issued or guaranteed by government entities, financial institutions, and companies in emerging market countries. These debt instruments may be denominated in U.S. Dollars or a foreign currency (typically the currency of an emerging markets country). The term ""emerging markets"" includes any country: (i) having an ""emerging stock market"" as defined by the International Finance Corporation; (ii) with low- to middle-income economies according to the International Bank for Reconstruction and Development (the ""World Bank""); (iii) listed in World Bank publications as developing; or (iv) determined by the Adviser to be an emerging market.

Currently, these countries generally include every country in the world except Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States. The Fund is considered to be ""non-diversified"" which means that it may invest in fewer securities than a ""diversified"" fund. The Fund will invest predominantly in sovereign debt securities issued or guaranteed by governments of emerging market countries, their agencies or instrumentalities, or other government-related entities. The Fund's investments may also include, among other things, corporate debt securities, convertible securities, securities issued by supranational organizations, floating rate commercial loans, securitized loan participations, Rule 144A securities, U.S.

and non-U.S. currencies, forward currency contracts and other foreign currency transactions, and derivatives related to these types of securities and instruments. The Fund may also invest in money market and short-term debt securities and cash equivalents. The Fund may invest in debt securities of any credit rating (including unrated securities) and may invest without limit in higher risk, below-investment grade debt securities, commonly referred to as ""high yield"" securities or ""junk bonds."" Such securities may include those that are in default with respect to the payment of principal or interest. The Adviser does not manage the Fund to have a specific average portfolio maturity or duration. In constructing the portfolio, the Adviser applies a disciplined investment process that integrates top-down global analysis and bottom-up country research together with active risk management to systematically analyze emerging market debt instruments and to create a portfolio of emerging market debt instruments of countries that have a global competitive advantage and attractive valuation.

The Adviser will consider factors such as liquidity, volatility, tax implications, interest rate sensitivity, counterparty risks, economic factors, and currency exchange rates. The Adviser attempts to build a portfolio with a focus on total return and capital appreciation that it believes will achieve excess returns over a full market cycle. The Adviser may sell a security when it believes the security is approaching full valuation, changing circumstances affect the original reasons for its purchase or more attractive opportunities are identified."

DCDEX Performance

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

PeriodTotal return
1 year-1.5%

DCDEX Risk Information

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

  • 1-year volatility (annualised): 20.2%

DCDEX Costs and Fees

DCDEX costs about $89 per $10,000 invested per year in fund expenses.

  • Net expense ratio: 0.89%
  • Gross expense ratio: 3.67%
  • Portfolio turnover: 5%
  • Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)

DCDEX Cashflows

Over the 12 months to 2021-01, DuPont Capital Emerging Markets Debt Fund had net inflows of $381.91K, from monthly SEC N-PORT filings.

MonthNet flow
2021-01$208.64K
2020-12$65.78K
2020-11$1.00K
2020-10$0
2020-09$0
2020-08$0

DCDEX Debt Constituents

No individual debt constituents are reported in DuPont Capital Emerging Markets Debt Fund's latest SEC N-PORT filing.

DCDEX Prospectus and SEC Filings

Official DuPont Capital Emerging Markets Debt Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Money Market funds tracked on ABC INVEST:

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.