EMLCX Fees and Costs — MFS Emerging Markets Debt Local Currency Fund, Class C
Data updated: 2026-09-24
The net expense ratio is 1.86%: a 0.75% management fee, a 1.00% 12b-1 fee plus 0.25% other expenses, less a 0.14% fee waiver. This share class carries a deferred sales charge of up to 1.00%. In fiscal 2025 the fund paid $26K in broker commissions, 0.0054% of average net assets, and portfolio turnover was 82%.
EMLCX Fees and Expenses
Annual operating expenses and sales charges of EMLCX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 1.00% |
| Other expenses | 0.25% |
| Gross expense ratio | 2.00% |
| Fee waiver | −0.14% |
| Net expense ratio | 1.86% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 1.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
EMLCX Costs Over Time
On $10,000 invested in EMLCX, assuming 5% a year before costs, total costs come to $1,147 over 5 years, cutting the return by 1.96% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Sales charges | $103 | $0 | $0 |
| Fund expenses (net expense ratio 1.86%) | $195 | $604 | $1,038 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $0 | $30 | $106 |
| Total costs | $299 | $636 | $1,147 |
| Value after costs | $10,201 | $10,940 | $11,616 |
| Impact on return, per year | 2.99% | 1.96% | 1.96% |
EMLCX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0054%
- Total broker commissions: $26K
- Bought from dealers (principal trades, not a cost): $1.5B
- Portfolio turnover (prospectus): 82%
- Securities lending: none during the year
EMLCX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $20K | 79.92% |
| BofA Securities, Inc. | $5K | 20.08% |
EMLCX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BofA Securities, Inc. | $720.4M | 55.11% |
| HSBC Securities (USA) Inc. | $133.5M | 10.21% |
| J.P. Morgan Securities LLC | $92.0M | 7.04% |
| Santander Securities LLC | $85.4M | 6.54% |
| Deutsche Bank Securities Inc. | $68.7M | 5.26% |
| Standard Chartered Securities (North America) LLC | $65.2M | 4.98% |
| Goldman Sachs & Co. LLC | $48.3M | 3.70% |
| Scotia Capital (USA) Inc. | $38.6M | 2.96% |
| Citigroup Global Markets Inc. | $29.4M | 2.25% |
| ING Financial Markets LLC | $25.6M | 1.96% |
MFS Emerging Markets Debt Local Currency Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| EMLNX | Class R6 | 0.79% | none |
| EMLIX | Class I | 0.86% | none |
| EMLMX | Class R4 | 0.86% | none |
| EMLAX | Class A | 1.11% | 4.25% |
| EMLLX | Class R3 | 1.11% | none |
| EMLKX | Class R2 | 1.36% | none |
| EMLBX | Class B | 1.86% | none |
| EMLCX | Class C | 1.86% | none |
| EMLJX | Class R1 | 1.86% | none |
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.