OEMNX

About OEMNX

Invesco Emerging Markets Local Debt Fund Class R is an actively managed mutual fund focused on **total return** from **local‑currency sovereign and quasi-sovereign bonds** across developing economies. The strategy invests at least 80% of assets in debt securities economically tied to emerging markets, combining **top‑down macro views** with **bottom‑up country research** to allocate across interest rates and foreign currencies over a 9–18 month horizon. Portfolio management emphasizes diversified exposure to government bonds and currency positions, with risk managed relative to the **J.P. Morgan GBI‑EM Global Diversified** benchmark. The fund has been led by experienced managers within Invesco’s Global Debt team and incorporates **ESG considerations** as a risk‑management tool in emerging markets. It targets the **emerging‑markets local‑currency bond** segment, providing access to **relative yield** opportunities and diversification versus developed‑market fixed income, with performance historically influenced by local rate cycles and currency movements. Class R shares are generally designed for **retirement and employee benefit plans**, aligning the vehicle with institutional plan platforms and retirement-focused investors.