EMLDX Performance — Invesco Emerging Markets Local Debt Fund, Class R5
Data updated: 2026-09-29
EMLDX returned +1.23% year to date and +9.16% over one year to Jul 2026. Annualised returns are +5.38% over 3 years and +2.88% over 5 years. Against its Emerging Markets Bond category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $117, against $126 for the category, and to $109 over one year, against $109. Volatility over the past three years was 9.61% a year. In the 12 months to Jul 2026 the fund took in a net $20.9M, and assets reached $105.94M.
EMLDX Growth of $100
What $100 invested in Invesco Emerging Markets Local Debt Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Bond category average over the same months.
| Period | EMLDX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $109 | $109 |
| 3 years (Aug 2023 – Jul 2026) | $117 | $126 |
| 5 years (Aug 2021 – Jul 2026) | $115 | $115 |
| Since data start (Aug 2019 – Jul 2026) | $116 | $123 |
EMLDX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.23% |
| 1 year | +9.16% |
| 3 years (annualised) | +5.38% |
| 5 years (annualised) | +2.88% |
EMLDX Annual Returns
Calendar-year total returns of Invesco Emerging Markets Local Debt Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | +1.23% |
| 2025 | +19.65% |
| 2024 | −4.70% |
| 2023 | +13.98% |
| 2022 | −8.57% |
| 2021 | −10.00% |
| 2020 | +3.90% |
| 2019 (Aug–Dec) | +2.86% |
EMLDX 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 | +2.5% | +1.7% | −7.4% | +3.0% | +1.4% | +0.5% | −0.1% | — | — | — | — | — |
| 2025 | +2.6% | +0.6% | +0.1% | +3.8% | +1.6% | +3.5% | −1.7% | +2.7% | +1.2% | +0.3% | +1.8% | +1.6% |
| 2024 | −1.6% | −0.2% | −0.6% | −2.8% | +2.3% | −1.9% | +2.3% | +2.8% | +3.7% | −5.7% | 0.0% | −2.7% |
| 2023 | +4.9% | −3.1% | +4.3% | +1.0% | −1.5% | +3.6% | +2.8% | −2.8% | −3.8% | −0.4% | +5.1% | +3.6% |
| 2022 | +0.2% | −2.7% | −0.8% | −5.8% | +2.1% | −4.6% | −0.9% | +0.5% | −4.7% | −0.3% | +7.1% | +1.7% |
| 2021 | −1.2% | −3.1% | −3.4% | +2.1% | +2.3% | −1.7% | −1.0% | +1.0% | −3.8% | −0.9% | −2.0% | +1.6% |
| 2020 | −0.7% | −3.4% | −12.0% | +5.4% | +5.6% | +0.7% | +3.0% | −1.0% | −1.7% | +0.7% | +5.1% | +3.5% |
| 2019 | — | — | — | — | — | — | — | −3.8% | +1.3% | +3.5% | −2.3% | +4.3% |
EMLDX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 9.61%
- 3-year Sharpe ratio: 0.09 (vs 4.5% risk-free rate)
- Best month: +5.12% (Nov 2023)
- Worst month: −7.39% (Mar 2026)
EMLDX Fund Flows
Monthly money in and out of Invesco Emerging Markets Local Debt Fund, from SEC Form N-PORT.
- 12-month net flow: $20.9M
- 12-month gross sales (incl. reinvestments): $48.9M
- Sales ÷ redemptions: 1.75×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $2.9M | $2.2M | $740K |
| Jun 2026 | $2.9M | $2.1M | $711K |
| May 2026 | $2.1M | $2.0M | $89K |
| Apr 2026 | $8.3M | $2.4M | $5.9M |
| Mar 2026 | $5.4M | $7.7M | −$2.3M |
| Feb 2026 | $4.8M | $1.6M | $3.2M |
| Jan 2026 | $7.4M | $2.1M | $5.3M |
| Dec 2025 | $5.5M | $2.1M | $3.4M |
| Nov 2025 | $2.2M | $1.5M | $745K |
| Oct 2025 | $3.0M | $1.5M | $1.5M |
| Sep 2025 | $1.9M | $873K | $1.0M |
| Aug 2025 | $2.5M | $1.8M | $618K |
EMLDX Assets Under Management
Net assets of Invesco Emerging Markets Local Debt Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $105.94M |
| 2026-04-30 | $104.74M |
| 2026-01-31 | $103.20M |
| 2025-10-31 | $90.27M |
| 2025-07-31 | $85.30M |
| 2025-04-30 | $81.14M |
| 2025-01-31 | $81.96M |
| 2024-10-31 | $88.52M |
| 2024-07-31 | $90.51M |
| 2024-04-30 | $89.11M |
| 2024-01-31 | $97.67M |
| 2023-10-31 | $98.17M |
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.