T. Rowe Price Emerg Mkts Lcl Ccy Bd Adv (PAELX)
| Fund Assets | 466.54M |
| Expense Ratio | 1.10% |
| Min. Investment | $0.00 |
| Turnover | 81.80% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 6.11% |
| Dividend Growth | 7.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 5.01 |
| YTD Return | 0.79% |
| 1-Year Return | 6.36% |
| 5-Year Return | 8.16% |
| 52-Week Low | 4.85 |
| 52-Week High | 5.24 |
| Beta (5Y) | 0.45 |
| Holdings | 204 |
| Inception Date | May 26, 2011 |
About PAELX
T. Rowe Price Emerging Markets Local Currency Bond Fund is a mutual fund focusing on emerging markets, primarily investing in bonds denominated in local currencies. Its primary function is to provide high income and capital appreciation, offering exposure to the diverse economic landscapes of emerging markets like Latin America, Eastern Europe, Africa, the Middle East, and Asia. The fund actively manages a portfolio of local-currency bonds issued by sovereigns and other entities, aiming to capitalize on local interest rate cycles and currency dynamics. It plays a significant role in the financial market by providing investors with a specialized opportunity to engage with emerging economies, which can be pivotal for portfolio diversification and strategic global investment strategies.
Performance
PAELX had a total return of 6.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.44%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FSEDX | Fidelity | Fidelity Series Em Mk Dbt Lcl Ccy | n/a |
Top 10 Holdings
27.23% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Gov. Reserve | TRPGRIA | 5.25% |
| Secretaria Do Tesouro Nacional 10% | BNTNF.10 01.01.31 NTNF | 4.91% |
| Cash Offsets For Shorts & Derivatives | n/a | 3.23% |
| South Africa (Republic of) 8.75% | SAGB.8.75 01.31.44 2044 | 2.56% |
| Hungary (Republic Of) 6% | HGBR.3.5 12.23.24 29 | 2.10% |
| Mexican Bonos | n/a | 2.08% |
| Secretaria Do Tesouro Nacional 10% | BNTNF.10 01.01.35 NTNF | 1.91% |
| Indonesia (Republic of) 6.375% | INDOGB.6.375 04.15.32 FR91 | 1.88% |
| Secretaria Do Tesouro Nacional 10% | BNTNF.10 01.01.29 NTNF | 1.69% |
| India (Republic of) 7.26% | IGB.7.26 02.06.33 | 1.62% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02652 | Jun 30, 2026 |
| May 29, 2026 | $0.0273 | May 29, 2026 |
| Apr 30, 2026 | $0.02734 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02972 | Mar 31, 2026 |
| Feb 27, 2026 | $0.01929 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0265 | Jan 30, 2026 |