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ADLCX Aberdeen Emerg Mkts Dbt Lcl Ccy C

  • Fund
  • ADLCX
  • Price as of: Aug 23, 2012
  • $9.49
  • - $0.00
  • - 0.00%
  • Category
  • Emerging Markets Bonds

ADLCX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $11.2 M
  • Holdings in Top 10 36.3%

52 WEEK LOW AND HIGH

$9.49
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.90%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 58.38%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

Closed to new investors as of 2016-07-18

STANDARD (TAXABLE)

$1,000

IRA

$1,000

Investment Themes

CATEGORY

Emerging Markets Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Emerging-Markets Local-Currency Bond

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 6.30%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name Aberdeen Emerging Markets Debt Local Currency Fund
  • Fund Family Name Aberdeen
  • Inception Date May 02, 2011
  • Shares Outstanding N/A
  • Share Class C
  • Currency USD
  • Domiciled Country United States
  • Manager Kevin Daly

Fund Description

The fund invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in debt securities that are denominated in the currency of an emerging market country. It will focus on the entire emerging markets local debt universe, investing in conventional and index-linked bonds, interest rates swaps, foreign exchange, conventional bonds and inflation-linked sovereign and quasi-sovereign bonds. It may invest in securities of any maturity. The fund is non-diversified.

ADLCX - Performance

Return Ranking - Trailing

Period ADLCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -16.1% 13.9% 69.48% 5
1 Yr -5.3% -22.3% 31.5% 68.51% 4
3 Yr N/A * -7.4% 14.3% N/A N/A
5 Yr N/A * -4.7% 6.2% N/A N/A
10 Yr N/A * 1.6% 12.9% N/A N/A

* Annualized


Return Ranking - Calendar

Period ADLCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 0.0% -25.2% 22.4% 15.79% 2
2017 0.0% -19.7% 35.5% 66.46% 5
2016 0.0% -25.7% 219.0% 59.94% 4
2015 8.8% -26.3% 13.9% 2.33% 1
2014 N/A -20.6% 16.6% N/A N/A

Total Return Ranking - Trailing

Period ADLCX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.0% -16.1% 13.9% 68.90% 5
1 Yr -2.6% -25.4% 31.5% 55.39% 3
3 Yr N/A * -7.4% 14.3% N/A N/A
5 Yr N/A * -5.1% 6.2% N/A N/A
10 Yr N/A * 1.6% 12.7% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period ADLCX Return Category Return Low Category Return High Rank in Category (%) Quintile
2018 0.0% -21.7% 22.4% 17.48% 2
2017 0.0% -16.0% 35.5% 67.71% 5
2016 0.0% -25.8% 224.9% 66.35% 4
2015 10.1% -26.3% 19.4% 1.66% 1
2014 N/A -28.1% 26.9% N/A N/A

NAV & Total Return History

ADLCX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

ADLCX Category Low Category High ADLCX % Rank Quintile
Net Assets 11.2 M 2.02 M 9.26 B 34.30% 5
Number of Holdings 60 2 1082 26.74% 5
Net Assets in Top 10 4.05 M -162 M 1.56 B 31.10% 5
Weighting of Top 10 36.3% 0.0% 342.5% 10.17% 2

Top 10 Holdings

  1. Poland(Rep Of) 5.75% 4.83%
  2. Russian Federation 7.05% 4.48%
  3. Brazil Federative Rep 10% 4.47%
  4. Republic Of Colombia 7.5% 3.53%
  5. India(Govt Of) 8.12% 3.51%
  6. Peru Rep 6.95% 3.39%
  7. Turkey(Rep Of) 10.4% 3.32%
  8. Indonesia(Rep Of) 8.375% 3.08%
  9. Sth Africa(Rep Of) 10.5% 2.90%
  10. Indonesia(Rep Of) 9% 2.75%

Asset Allocation

Weighting Category Low Category High ADLCX % Rank Quintile
Bonds
89.37% 0.00% 122.39% 23.84% 4
Cash
10.31% -105.39% 100.00% 10.17% 2
Other
0.32% -1.73% 12.96% 12.21% 2
Stocks
0.00% -0.74% 100.27% 7.85% 5
Preferred Stocks
0.00% 0.00% 2.48% 3.20% 5
Convertible Bonds
0.00% 0.00% 7.33% 9.88% 5

Bond Sector Breakdown

Weighting Category Low Category High ADLCX % Rank Quintile
Government
80.22% -2.12% 103.49% 7.27% 2
Cash & Equivalents
10.31% -104.31% 100.00% 9.30% 2
Corporate
7.15% 0.00% 92.35% 29.94% 4
Derivative
0.00% -11.77% 21.31% 10.47% 4
Securitized
0.00% 0.00% 35.33% 7.85% 5
Municipal
0.00% 0.00% 1.92% 3.78% 5

Bond Geographic Breakdown

Weighting Category Low Category High ADLCX % Rank Quintile
Non US
89.37% -86.34% 139.62% 19.19% 3
US
0.00% -54.54% 113.05% 25.00% 5

ADLCX - Expenses

Operational Fees

ADLCX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 2.90% 0.29% 1595.87% 10.76% 5
Management Fee 0.80% 0.00% 1.30% 5.81% 4
12b-1 Fee 1.00% 0.00% 1.00% 0.45% 5
Administrative Fee 0.08% 0.01% 0.60% 8.02% 3

Sales Fees

ADLCX Fees (% of AUM) Category Low Category High ADLCX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load 1.00% 0.75% 5.50% 7.94% 5

Trading Fees

ADLCX Fees (% of AUM) Category Low Category High ADLCX Rank Quintile
Max Redemption Fee 2.00% 0.75% 2.00% 1.00% 5

Turnover 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.

ADLCX Fees (% of AUM) Category Low Category High ADLCX Rank Quintile
Turnover 58.38% 4.00% 436.00% 17.20% 2

ADLCX - Distributions

Dividend Yield Analysis

ADLCX Category Low Category High ADLCX % Rank Quintile
Dividend Yield 0.0% 0.00% 3.24% 77.64% 5

Dividend Distribution Analysis

ADLCX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

ADLCX Category Low Category High ADLCX % Rank Quintile
Net Income Ratio 6.30% -0.29% 8.90% 9.01% 1

Capital Gain Distribution Analysis

ADLCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency N/A Annually Monthly Annually

ADLCX - Managers

Kevin Daly

Manager

Start Date

May 02, 2011

Tenure

5.25

Tenure Rank

7.1%

Currently, Portfolio Manager on Emerging Markets Fixed Income Team (since 2007); previously, Credit Market Analyst for Standard & Poor’s London (1997-2007).


Edwin Gutierrez

Manager

Start Date

May 02, 2011

Tenure

5.25

Tenure Rank

7.1%

Edwin Gutierrez is Head of Emerging Market Sovereign Debt. Edwin joined Aberdeen following the acquisition of Deutsche Asset Management’s London and Philadelphia fixed income businesses in 2005, where he held the same role since joining Deutsche in 2000. Previously, Edwin worked as an emerging debt portfolio manager at Invesco Asset Management and as a Latin American economist at LGT Asset Management. Edwin graduated with an MS in International Affairs from Georgetown University and a BA in International Political Economy from the University of California, Berkeley.


Brett Diment

Lead Manager

Start Date

May 02, 2011

Tenure

5.25

Tenure Rank

7.1%

Brett Diment is the head of emerging markets on the fixed income team. Brett joined Aberdeen via the acquisition of Deutsche Asset Management's London and Philadelphia fixed income businesses in 2005 where he previously held the same role since 1999. Brett joined Deutsche Asset Management in 1991 as a graduate and began researching emerging markets in 1995. Brett graduated with a BSc from the London School of Economics.


Andrew Stanners

Manager

Start Date

May 02, 2011

Tenure

5.25

Tenure Rank

7.1%

N/A


Viktor Szabó

Manager

Start Date

May 02, 2011

Tenure

5.25

Tenure Rank

7.1%

Viktor Szabó is a portfolio manager on the emerging markets debt team. Viktor joined Aberdeen in July 2009 following the acquisition of certain asset management businesses from Credit Suisse Asset Management. Previously, Viktor worked for Credit Suisse Asset Management Hungary (2008 - 2009) as country chief investment officer. Prior to that, Viktor worked for the National Bank of Hungary from 2000 till 2008, ultimately, serving as the head of market analysis team. Viktor holds an MSc in Economics from the Corvinus University of Budapest and is a CFA Charterholder. CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.


Tenure Analysis

Category Low

0.0

Category High

24.3

Category Average

4.8

Category Mode

4.3