Ashmore Emerging Markets Corporate Income Fund (EMCIX)
The fund seeks to achieve its objective by investing principally in debt instruments of corporate issuers, which may be denominated in any currency, including the local currency of the issuer. A Corporate issuer is an issuer located in an Emerging Market Country or an issuer deriving at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed in one or more Emerging Market Countries or that has at least 50% of its assets in one or more Emerging Market Countries.
Fund Info
US0448205049
044820504
Dec 7, 2010
$1,000,000
Expense Ratio
EMCIX has a high expense ratio of 1.01%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Ashmore Emerging Markets Corporate Income Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Ashmore Emerging Markets Corporate Income Fund had a return of -0.52% year-to-date (YTD) and 8.36% in the last 12 months. Over the past 10 years, Ashmore Emerging Markets Corporate Income Fund had an annualized return of 3.60%, while the S&P 500 had an annualized return of 11.24%, indicating that Ashmore Emerging Markets Corporate Income Fund did not perform as well as the benchmark.
EMCIX
-0.52%
-1.18%
2.39%
8.36%
-1.28%
3.60%
^GSPC (Benchmark)
-0.66%
-3.44%
3.10%
22.14%
12.04%
11.24%
Monthly Returns
The table below presents the monthly returns of EMCIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 1.88% | 0.78% | 1.29% | -0.71% | 1.39% | 0.75% | 2.21% | 1.91% | 1.30% | -1.14% | 0.75% | -0.49% | 10.30% |
| 2023 | 6.70% | -3.18% | -0.87% | -0.43% | -2.25% | 0.54% | 0.20% | 0.47% | -1.09% | 2.15% | 2.28% | 2.11% | 6.47% |
| 2022 | -2.74% | -6.69% | -3.03% | -2.00% | -1.77% | -7.46% | 1.15% | 0.52% | -6.61% | -2.37% | 6.76% | 3.04% | -20.05% |
| 2021 | -0.69% | 0.94% | -0.79% | 1.31% | 1.02% | 0.53% | -1.48% | 1.02% | -2.04% | -2.59% | -2.16% | -0.32% | -5.23% |
| 2020 | 2.06% | -0.72% | -19.67% | 4.00% | 6.74% | 4.73% | 3.73% | 2.04% | -1.08% | 0.44% | 4.66% | 3.47% | 7.76% |
| 2019 | 3.07% | 0.44% | 0.53% | 1.13% | 0.08% | 2.73% | 0.88% | -2.76% | 1.54% | 1.40% | -0.14% | 1.77% | 11.07% |
| 2018 | 1.16% | -1.41% | -0.83% | -0.27% | -2.68% | -0.88% | 2.36% | -1.62% | 1.57% | 0.39% | -0.97% | -0.72% | -3.95% |
| 2017 | 3.98% | 1.39% | -0.70% | 2.82% | 1.04% | -0.42% | 1.71% | 1.81% | 1.19% | 1.41% | -0.46% | 0.49% | 15.11% |
| 2016 | -3.50% | 1.25% | 5.29% | 2.58% | 0.62% | 2.10% | 3.91% | 1.92% | 1.28% | 1.83% | -0.47% | 1.92% | 20.12% |
| 2015 | -1.72% | 1.94% | 1.69% | 6.77% | 1.56% | -1.76% | -1.01% | -4.25% | -3.35% | 3.67% | 0.15% | -4.63% | -1.55% |
| 2014 | 0.04% | 1.23% | 1.14% | 0.39% | 2.76% | 2.03% | -0.27% | -0.88% | -1.60% | 0.46% | -1.91% | -7.29% | -4.21% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 85, EMCIX is among the top 15% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Ashmore Emerging Markets Corporate Income Fund (EMCIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Ashmore Emerging Markets Corporate Income Fund provided a 6.75% dividend yield over the last twelve months, with an annual payout of $0.38 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.38 | $0.38 | $0.31 | $0.55 | $0.43 | $0.47 | $0.55 | $0.53 | $0.59 | $0.69 | $0.76 | $0.85 |
Dividend yield | 6.75% | 6.71% | 5.64% | 9.91% | 5.67% | 5.52% | 6.61% | 6.58% | 6.66% | 8.37% | 10.19% | 10.15% |
Monthly Dividends
The table displays the monthly dividend distributions for Ashmore Emerging Markets Corporate Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | |||||||||||
| 2024 | $0.05 | $0.04 | $0.05 | $0.03 | $0.03 | $0.02 | $0.02 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.38 |
| 2023 | $0.04 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.03 | $0.31 |
| 2022 | $0.06 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.14 | $0.55 |
| 2021 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.05 | $0.43 |
| 2020 | $0.05 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.47 |
| 2019 | $0.05 | $0.05 | $0.04 | $0.05 | $0.06 | $0.04 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $0.04 | $0.55 |
| 2018 | $0.05 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.04 | $0.04 | $0.03 | $0.53 |
| 2017 | $0.06 | $0.06 | $0.05 | $0.05 | $0.05 | $0.04 | $0.06 | $0.05 | $0.05 | $0.05 | $0.04 | $0.03 | $0.59 |
| 2016 | $0.08 | $0.06 | $0.06 | $0.07 | $0.02 | $0.05 | $0.07 | $0.05 | $0.06 | $0.05 | $0.05 | $0.07 | $0.69 |
| 2015 | $0.07 | $0.06 | $0.06 | $0.07 | $0.06 | $0.06 | $0.07 | $0.06 | $0.06 | $0.08 | $0.06 | $0.06 | $0.76 |
| 2014 | $0.10 | $0.05 | $0.10 | $0.11 | $0.05 | $0.10 | $0.09 | $0.06 | $0.05 | $0.05 | $0.05 | $0.05 | $0.85 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Ashmore Emerging Markets Corporate Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Ashmore Emerging Markets Corporate Income Fund was 33.64%, occurring on Oct 21, 2022. The portfolio has not yet recovered.
The current Ashmore Emerging Markets Corporate Income Fund drawdown is 13.49%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.64% | Jul 1, 2021 | 331 | Oct 21, 2022 | — | — | — |
| -26.15% | Feb 26, 2020 | 19 | Mar 23, 2020 | 172 | Nov 24, 2020 | 191 |
| -17.47% | Jul 10, 2014 | 389 | Jan 25, 2016 | 148 | Aug 24, 2016 | 537 |
| -6.92% | May 13, 2013 | 30 | Jun 24, 2013 | 142 | Jan 15, 2014 | 172 |
| -6.7% | Jan 29, 2018 | 99 | Jun 19, 2018 | 219 | May 3, 2019 | 318 |
Volatility
Volatility Chart
The current Ashmore Emerging Markets Corporate Income Fund volatility is 1.04%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.