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Trending ETFs

EMERGING MARKETS DEBT FUND

mutual fund
AEYDX
Payout Change
Pending
Price as of:
$8.88 +0.0 +0.0%
primary theme
Emerging Markets Bond
AEYDX (Mutual Fund)

EMERGING MARKETS DEBT FUND

Payout Change
Pending
Price as of:
$8.88 +0.0 +0.0%
primary theme
Emerging Markets Bond
AEYDX (Mutual Fund)

EMERGING MARKETS DEBT FUND

Payout Change
Pending
Price as of:
$8.88 +0.0 +0.0%
primary theme
Emerging Markets Bond

Name

As of 05/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.88

$634 M

4.37%

$0.39

0.81%

Vitals

YTD Return

0.2%

1 yr return

7.8%

3 Yr Avg Return

-1.9%

5 Yr Avg Return

1.3%

Net Assets

$634 M

Holdings in Top 10

33.2%

52 WEEK LOW AND HIGH

$8.9
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.81%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 51.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.88

$634 M

4.37%

$0.39

0.81%

AEYDX - Profile

Distributions

  • YTD Total Return 0.2%
  • 3 Yr Annualized Total Return -1.9%
  • 5 Yr Annualized Total Return 1.3%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 3.97%
DIVIDENDS
  • Dividend Yield 4.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    EMERGING MARKETS DEBT FUND
  • Fund Family Name
    American Century Investments
  • Inception Date
    Jul 30, 2014
  • Shares Outstanding
    2631119
  • Share Class
    Y
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    John Lovito

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets in fixed income instruments of issuers that are economically tied to emerging markets. The fund will invest in debt instruments issued by foreign governments and corporations. Investments are made in instruments denominated in U.S. dollars and in local emerging markets currency. 
The fund considers an emerging market to be any country that is located outside the following developed countries list, which is subject to change: Australia, Austria, Belgium, Bermuda, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Luxembourg, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States. In determining an issuer’s location, the portfolio managers may consider various factors including, among others, where the issuer is headquartered, where the issuer’s principal operations are located, where a majority of the issuer’s revenues are derived, where the principal trading market is located and the country in which the issuer was legally organized. The weight given to each of these factors will vary depending on the circumstances in a given case. 
The fund may invest without limitation in both investment grade and high-yield (“junk bonds”) debt securities. An “investment grade” security is one that has been rated in one of the four highest categories used by a nationally recognized statistical rating organization or determined by the investment advisor to be of comparable credit quality. A “high-yield” security is one that has been rated below the four highest categories used by a nationally recognized statistical rating organization, or determined by the investment advisor to be of similar quality. 
The average duration of the fund varies based on the portfolio managers’ forecast of interest rates and, under normal market conditions is not expected to exceed ten years. Duration is an indication of the relative sensitivity of a security’s market value to changes in interest rates. The longer a security’s duration, the more sensitive it will be to changes in interest rates. Duration is different from maturity in that it attempts to measure the interest rate sensitivity of a security, as opposed to its expected final maturity. 
In addition to the debt securities described above, the fund may also invest in bank loans.
The fund also invests in derivative instruments. The fund may use foreign currency exchange contracts to shift its investment exposure from one currency into another, for hedging purposes or to enhance returns. The fund may invest in futures contracts, options and swap agreements (such as interest rate swaps) to manage duration, credit exposure and country exposure. The fund may also invest in collateralized debt obligations, including collateralized loan obligations, mortgage- or asset-backed securities and other similarly structured investments.
The portfolio managers may engage in hedging of portfolio positions, which usually involves entering into a derivative transaction that has the opposite characteristics of the position being hedged. The net effect of these two positions is to reduce or eliminate the exposure created by the first position. 
To determine whether to buy or sell a security, the portfolio managers consider, among other things, various fund requirements and standards, along with economic conditions, alternative investments, interest rates and whether to alter geographic or currency exposure.
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AEYDX - Performance

Return Ranking - Trailing

Period AEYDX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -4.5% 8.6% 69.44%
1 Yr 7.8% -3.9% 24.6% 73.09%
3 Yr -1.9%* -14.3% 4.3% 52.41%
5 Yr 1.3%* -9.0% 6.6% 37.27%
10 Yr N/A* -6.0% 4.9% N/A

* Annualized

Return Ranking - Calendar

Period AEYDX Return Category Return Low Category Return High Rank in Category (%)
2023 3.2% -10.6% 17.8% 77.41%
2022 -15.3% -29.1% -2.4% 28.87%
2021 -5.2% -24.0% 2.7% 18.66%
2020 2.8% -14.0% 9.7% 21.45%
2019 7.9% -6.4% 13.0% 61.25%

Total Return Ranking - Trailing

Period AEYDX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.2% -4.5% 8.6% 69.44%
1 Yr 7.8% -3.9% 24.6% 73.09%
3 Yr -1.9%* -14.3% 4.3% 52.41%
5 Yr 1.3%* -9.0% 6.6% 37.27%
10 Yr N/A* -6.0% 4.9% N/A

* Annualized

Total Return Ranking - Calendar

Period AEYDX Return Category Return Low Category Return High Rank in Category (%)
2023 9.3% -0.6% 20.0% 81.73%
2022 -12.7% -27.6% -1.7% 45.02%
2021 -1.1% -18.5% 7.4% 15.85%
2020 7.1% -7.8% 18.0% 24.36%
2019 12.6% -3.0% 23.0% 63.10%

NAV & Total Return History


AEYDX - Holdings

Concentration Analysis

AEYDX Category Low Category High AEYDX % Rank
Net Assets 634 M 565 K 14.4 B 32.56%
Number of Holdings 422 4 1779 31.23%
Net Assets in Top 10 209 M -134 M 1.25 B 23.92%
Weighting of Top 10 33.23% 5.1% 101.4% 18.79%

Top 10 Holdings

  1. Fixed Income Clearing Corp 5.29 02/01/2024 9.58%
  2. Czech Republic Government Bond 0.25 02/10/2027 3.89%
  3. Republic of South Africa Government Bond 8.50 01/31/2037 3.54%
  4. Indonesia Treasury Bond 6.50 02/15/2031 3.38%
  5. Thailand Government Bond 1.59 12/17/2035 2.88%
  6. Mexican Bonos 5.50 03/04/2027 2.17%
  7. Republic of Poland Government Bond 2.50 07/25/2027 2.09%
  8. Colombian TES 7.00 06/30/2032 1.94%
  9. Mexican Bonos 10.00 11/20/2036 1.88%
  10. Hungary Government Bond 4.50 03/23/2028 1.88%

Asset Allocation

Weighting Return Low Return High AEYDX % Rank
Bonds
87.20% 0.00% 100.14% 88.70%
Other
11.96% -9.56% 88.17% 4.32%
Cash
0.61% 0.00% 23.05% 97.67%
Preferred Stocks
0.23% 0.00% 3.04% 5.65%
Stocks
0.00% -0.01% 95.28% 97.67%
Convertible Bonds
0.00% 0.00% 8.47% 99.66%

Bond Sector Breakdown

Weighting Return Low Return High AEYDX % Rank
Government
45.93% 0.00% 99.79% 75.84%
Corporate
17.46% 0.00% 93.26% 50.34%
Cash & Equivalents
0.61% 0.00% 23.23% 63.79%
Derivative
0.27% -1.03% 7.35% 21.26%
Securitized
0.00% 0.00% 2.41% 98.99%
Municipal
0.00% 0.00% 0.00% 98.99%

Bond Geographic Breakdown

Weighting Return Low Return High AEYDX % Rank
US
53.62% -42.31% 100.14% 62.46%
Non US
33.58% 0.00% 132.49% 40.86%

AEYDX - Expenses

Operational Fees

AEYDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.81% 0.02% 32.92% 79.33%
Management Fee 0.76% 0.00% 1.10% 75.75%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.02% 0.65% N/A

Sales Fees

AEYDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.75% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

AEYDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

AEYDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 51.00% 0.00% 218.00% 39.85%

AEYDX - Distributions

Dividend Yield Analysis

AEYDX Category Low Category High AEYDX % Rank
Dividend Yield 4.37% 0.00% 22.22% 48.84%

Dividend Distribution Analysis

AEYDX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Quarterly Monthly Monthly

Net Income Ratio Analysis

AEYDX Category Low Category High AEYDX % Rank
Net Income Ratio 3.97% -2.28% 8.00% 56.12%

Capital Gain Distribution Analysis

AEYDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

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AEYDX - Fund Manager Analysis

Managers

John Lovito


Start Date

Tenure

Tenure Rank

Jul 29, 2014

7.84

7.8%

Mr. Lovito, Senior Vice President and Senior Portfolio Manager, joined American Century Investments in 2009. He has shared primary responsibility for the management of the fund since 2010 and has served on teams managing fixed-income investments since joining American Century. Prior to joining American Century Investments in 2009, he spent seven years at Lehman Brothers Asset Management, most recently as managing director and head of global fixed-income strategies. He previously served as senior vice president and team leader for international fixed-income at Lehman Brothers Asset Management. He has a bachelor’s degree in economics and an MBA in finance from Fordham University.

Thomas Youn


Start Date

Tenure

Tenure Rank

Mar 01, 2018

4.25

4.3%

Thomas Youn, Portfolio Manager and Senior Corporate Analyst, has served on teams managing fixed-income investments for American Century Investments since joining in 2014. Prior to joining American Century Investments, he was a credit research analyst with Lord, Abbett & Co., LLC. He has a bachelor’s degree in biology from Brown University and an MBA from The University of Chicago Booth School of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 23.87 6.39 6.11