Franklin Templeton Emerg Mkt Debt Opp (Ticker: FEMDX)
The investment objective of Franklin Templeton Emerging Market Debt Opportunities fund is to provide high total return. This mutual fund invests >80% of net assets in debt securities of emerging market countries and developing countries recognized by the World Bank, the International Finance Corporation, and the United Nations. It may invest in below investment grade bonds and defaulted debt securities.
Fund Profile
FT Emerg Mkt Debt Opp |
- Fund Inception Date: May 24, 2006
- Ticker Symbol: FEMDX
- CUSIP: 353533813
- Beta (3yr): 0.41
- Rank in category (YTD): 61%
- Category: Emerging Markets Bond
- Distribution Rate: 5.75%
- Capital Gains: 0%
- Expense Ratio: 1.00%
- Net Assets: $ 445.27 million
- Number of Years Up: 4 years
- Number of Years Down: 1 year
- Average Duration: 2.86 years
- Annual Turnover Rate: 29%