An electroluminescent device comprises a cathode and an anode; and, located therebetween, a light-emitting layer (LEL) comprising at least one hole transporting co-host and at least one electron transporting co-host, together with at least one phosphorescent emitter, and wherein the triplet energy of each of the co-host materials is greater than the triplet energy of the phosphorescent emitter, and further containing an exciton blocking layer comprising a hole transporting material with triplet energy greater or equal to 2.5 eV adjacent the emitting layer on the anode side. The invention provides devices that emit light with high luminous efficiency at low voltage.