Ashmore Emerging Markets Total Return Fund (EMKIX)

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Ashmore Emerging Markets Total Return Fund (EMKIX) is up 2.0% since the beginning of the year. EMKIX is currently trading at $5 per share. Investors who bought $1,000 worth of EMKIX shares 5 years ago would now be looking at an investment worth $958.

Ashmore Emerging Markets Total Return Fund (EMKIX) has returned 1.98% so far this year and 9.98% over the past 12 months. Over the last ten years, EMKIX has returned 0.55% per year, falling short of the S&P 500 Index benchmark, which averaged 13.26% annually.

Based on dividend-adjusted daily data since Oct 28, 2011, EMKIX's average daily return is 0.00%, while the average monthly return is -0.01%.

Historically, 55% of months were positive and 45% were negative. The best month was Nov 2022 with a return of +9.0%, while the worst month was Mar 2020 at -19.2%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 6 months.

On a daily basis, EMKIX closed higher 42% of trading days. The best single day was Mar 25, 2020 with a return of +3.9%, while the worst single day was Mar 9, 2020 at -5.4%.

Ashmore Emerging Markets Total Return Fund has an annualized alpha of -3.02%, beta of 0.19, and R2 of 0.19 versus S&P 500 Index. Calculated based on daily prices since October 28, 2011.

• This fund participated in 71.38% of S&P 500 Index downside but only 28.81% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.19 may look defensive, but with R2 of 0.19 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
• R2 of 0.19 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

EMKIX has a high expense ratio of 1.02%, indicating above-average management fees.

EMKIX ranks 64 for risk / return — above 64% of mutual funds peers on PortfoliosLab. Its historical combined result is above most peers.

Ashmore Emerging Markets Total Return Fund provided a 7.23% dividend yield over the last twelve months, with an annual payout of $0.38 per share.

The table displays the monthly dividend distributions for Ashmore Emerging Markets Total Return Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the Ashmore Emerging Markets Total Return 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 Total Return Fund was 47.14%, occurring on Oct 21, 2022. The portfolio has not yet recovered.

The current Ashmore Emerging Markets Total Return Fund drawdown is 18.33%.

The chart below shows the rolling one-month volatility.