Introduction
Emerging market bond fund is part of taxable bond mutual fund categories. This emerging market debt fund invests in debt securities of emerging market countries. It may invest in corporate and government bonds. This fund provides high yield for investors who seek income.
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| Best Emerging Markets Bond Mutual Funds 2012 |
These top emerging market bond mutual funds have no sales load and good long term track record. You can find the fund management, fund review, top holding, top sector, average maturity, yield, expense ratio, etc.
The 5 Best No Load Emerging Markets Bond Mutual Funds of 2012 are
- Fidelity New Markets Income (FNMIX)
- TCW Emerging Markets Income N (TGINX)
- PIMCO Emerging Markets Bond D (PEMDX)
- T. Rowe Price Emerging Market Bond (PREMX)
- GMO Emerging Country Debt III (GMCDX)
updated on 7/9/2012
1. Fidelity New Markets Income (Ticker: FNMIX)This Fidelity New Markets Income fund utilizes its assets to purchase debt securities of issuers in emerging markets. John H. Carlson is the fund manager since 1995. Its current yield is 5.38%. The total assets are $5.24 billion.
New: Best High Yield Bond Mutual Funds 2012
This emerging markets bond mutual fund is rated with 4 stars and silver rating. It has returned 14.33% over the past 3 year and 9.84% over the past 5 year. You can buy this fund with minimum initial investment of $2,500 for brokerage account and $1,000 for IRA (individual retirement account). The 3-year beta risk is 0.61.
2. TCW Emerging Markets Income N (TGINX)
The investment aim of TCW Emerging Markets Income fund is to provide high total return through current income and capital appreciation. It invests in bonds issued or guaranteed by companies, financial institutions and government entities in Emerging Market Countries. The fund managers are Penelope D. Foley, David I. Robbins, and Javier Segovia. This bond fund has a dividend yield of 5.64%.
This top emerging markets bond fund has managed to achieve great long term track record. It has 5 stars rating. It has a 5 year annualized return of 11.08%. The portfolio turnover rate is 137.9%. The expense ratio fee is 1.15%.
As of June 2012, the top 5 sectors are corporate bond (57.74%), government (17.24%), agency/quasi-agency (3.17%), asset-backed (1.21%), and convertible (0.33%).
3. PIMCO Emerging Markets Bond D (PEMDX)
The PIMCO Emerging Markets Bond fund uses its assets to buy fixed income instruments related to emerging market countries. It may invest in derivatives, options, futures contracts or swap. It may invest in investment grade and high yield bonds. The fund is managed by Ramin Toloui and Michael Gomez. Its yield is 4.10%. The expense ratio is 1.25% per year.
Ranked with 3 stars, this PEMDX fund can be purchased from 78 brokerages. They are Northwestern Mutual Investment Service, Pershing FundCenter, Dreyfus NTF, Scottrade NTF, Ameritas NTF P, etc. The 3 year average return is 12.89%. The other classes of this emerging market debt fund are Class A (PAEMX), Class B (PBEMX), Class D (PEMDX), Institutional Class (PEBIX), Admin Class (PEBAX), and Class P (PEMPX).
As of June 2012, the average effective duration is 5.93 years, and the average effective maturity is 10.25 years. The average credit quality is not rated currently.
4. T. Rowe Price Emerging Market Bond (PREMX)
Managed by Michael J. Conelius, T. Rowe Price Emerging Market Bond has a bronze rating by Morningstar analysts. This best bond fund invests mainly in debt securities of emerging market governments or companies located in emerging market countries. The fund CUSIP number is 77956H872. The expense ratio is 0.94%.
This taxable bond fund has a year to date return of 7.89%. The best 1 year total return was occurred in 2009 with 34.95%. The top 4 holdings are Russian Federation 7.5%, Reserve Invt-SBI, Brazil Federative Rep 10%, and Bolivarian Republic Venezuela 11.95%.
5. GMO Emerging Country Debt III (Ticker: GMCDX)
This GMO Emerging Country Debt fund is managed by Thomas F. Cooper and William Nemerever. The total assets are $1.6 billion. It also has annual expense ratio of 0.64%. The worst 1-year total returned was occurred in 2008 with -33.25%.
As of March 2012, the top 3 sectors are government bond, corporate bond, and asset backed.
Disclosure: No Position
Other Top No Load Funds:
Fund Performance
| No | Description | Ticker | Expenses | YTD Return % | 1 Year Return % | 3 Year Return % | 5 Year Return % | 10 Year Return % |
|---|---|---|---|---|---|---|---|---|
| 1 | Fidelity New Markets Income | FNMIX | Average | 8.49 | 11.79 | 14.33 | 9.84 | 12.79 |
| 2 | TCW Emerging Markets Income N | TGINX | Average | 8.85 | 3.95 | 16.11 | 11.08 | - |
| 3 | PIMCO Emerging Markets Bond D | PEMDX | Below Average | 6.72 | 9.07 | 12.89 | 7.99 | 11.85 |
| 4 | T. Rowe Price Emerging Market Bond | PREMX | Below Average | 7.89 | 6.53 | 13.1 | 7.71 | 11.99 |
| 5 | GMO Emerging Country Debt III | GMCDX | High | 9.84 | 11.58 | 22.86 | 9.04 | 14.89 |
| 6 | Payden Emerging Markets Bond | PYEMX | Low | 6.92 | 7.67 | 13.4 | 7.95 | 10.54 |
| 7 | Franklin Templeton Emerg Mkt Debt Opp | FEMDX | Average | 6.72 | 1.94 | 14.52 | 7.77 | - |
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