Summary
Invesco Emerging Markets ex-China Fund Class A is a mutual fund. It does not trade on an exchange: you buy it from the fund company at a price set once a day. Positions inside: 63. The ten largest make up 52% of the fund.
- Positions
- 63
- Dividend yield
- 15.61%
What speaks for it
Nothing stands out in its favour.
What to watch
- The ten largest positions make up 52% of the fund, so its result rests on a few names.
- In the last five years its price once dropped by 42% from its high.
A fund has no Bulios Score and no Fair Price of its own - both are computed from the results of a single company. This page shows what is inside the fund and what it costs instead.
Price
Performance
- 1 month
- -6.3%
- 3 months
- +0.1%
- This year
- +33%
- 1 year
- +17%
- 3 years
- +49%
- 5 years
- +8.6%
- 10 years
- +49%
- Avg. market cap
- $561.5B
- P/E
- 12.2x
- Forward P/E
- 10.3x
- P/S
- 1.6x
- P/B
- 2.0x
- P/FCF
- 10.8x
- EV/EBITDA
- 7.5x
- Dividend yield
- 1.45%
- ROIC
- 17.5%
- ROE
- 27.2%
- Gross margin
- 48.4%
- Operating margin
- 32.5%
- Net margin
- 23.0%
- Payout ratio
- 17.6%
- Net debt/EBITDA
- -0.2x
- Beta
- 1.13
Weighted average of the 50 largest companies, which make up 97% of the fund. Banks and insurers are left out of the gross margin, the ROIC and the EBITDA figures.
What is inside?
Concentrated- 1 23Taiwan Semiconductor Manufacturing Company Limited 2330.TW 18%
- 2 00Samsung Electronics Co., Ltd. 005930.KS 10%
- 3 00SK hynix Inc. 000660.KS 4.1%
- 4 24MediaTek Inc. 2454.TW 3.7%
- 5 KBKasikornbank Public Company Limited KBANK.BK 3.1%
- 6 23Yageo Corporation 2327.TW 2.6%
- 7 23Hon Hai Precision Industry Co., Ltd. 2317.TW 2.6%
- 8 PBPetróleo Brasileiro S.A. - Petrobras PBR-A 2.5%
- 9 HDHDFC Bank Limited HDB 2.5%
- 10 00Samsung Electronics Co., Ltd. 005935.KS 2.3%
Positions in the fund: 63. The ten largest make up 52% of it.
Composition as of Oct 17, 2026.
Where is it spread?
By company size
- Mega cap 41%
- Large cap 48%
- Mid cap 10%
- Small cap 0.6%
By the company's market value: Mega cap from $200B, Large cap from $10B, Mid cap from $2B, Small cap from $300M, Micro cap below $300M. Counted from the companies that make up 95% of the fund.
Largest size group: Large cap (48%).
What does it cost me?
We do not know the costs of this fund.
How has it done?
Growing slowly- A year on average, 10 years
- +4.1%
- Deepest drop
- -42%
- Yearly volatility
- 32%
Average yearly growth over the last ten years: 4.1%. Deepest drop in these years: 42% below the earlier high.
Does it pay dividends?
Yes, it pays out- Yield
- 15.61%
- Payments a year
- 1
- Last payment
- $7.39
Over the last 12 months it paid $7.39 per share, which is 15.61% of today's price. The last payment was $7.39 on Dec 11, 2025.
How expensive are the companies inside?
Rather cheap- P/E of the companies inside
- 12.2
- Average Bulios Score
- 73 out of 100
Weight by Bulios Fair Price
- Undervalued 27%
- Fairly valued 9.8%
- Overvalued 63%
On average the companies inside trade for 12.2 times their yearly profit. By Fair Price, 63% of the rated weight comes out as overvalued.
Counted from its largest companies (50), which make up 97% of the fund. Each company counts by its weight. We use the metrics, the Bulios Score and the Fair Price of the companies themselves.
Can I buy it as an ETF?
A mutual fund is bought from the fund company. These ETFs hold much of the same and trade on an exchange, so an ordinary broker carries them.
| Fund | Domicile | Size | 1-year change | Dividends | ||
|---|---|---|---|---|---|---|
SY SYGEMF.JO Sygnia Itrix MSCI Emerging Markets 50 ETF Units ZAR | South Africa | 0.48% | - | +21% | Reinvests | 45% |
AI AIA iShares Asia 50 ETF | United States | 0.50% | $4.48B | +34% | Pays out | 41% |
FF FFEM Fidelity Covington Trust - Fidelity Fundamental Emerging Markets ETF | United States | 0.60% | $66.3M | +20% | Pays out | 40% |
EM EMEQ Nomura Focused Emerging Markets Equity ETF | United States | 0.85% | $70.0M | +54% | Pays out | 40% |
EM EMXC iShares MSCI Emerging Markets ex China ETF | United States | 0.25% | $24.5B | +31% | Pays out | 39% |
27 277540.KS KIM ACE ASIA TOP50 ETF | South Korea | 0.70% | $17.4M | +28% | Reinvests | 39% |