T. Rowe Price Emerging Markets Local Currency Bond Fund (PRELX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
5.26
+0.03 (0.57%)
Feb 10, 2026, 8:10 AM EST
Fund Assets390.38M
Expense Ratio1.02%
Min. Investment$0.00
Turnover75.20%
Dividend (ttm)0.30
Dividend Yield5.77%
Dividend Growth4.75%
Payout FrequencyMonthly
Ex-Dividend DateJan 30, 2026
Previous Close5.23
YTD Return3.07%
1-Year Return19.98%
5-Year Return9.59%
52-Week Low4.38
52-Week High5.26
Beta (5Y)1.14
Holdings187
Inception DateMay 27, 2011

About PRELX

Under normal conditions, at least 80% of the fund's net assets (including any borrowings for investment purposes) will be invested in bonds that are denominated in emerging markets currencies, and in derivative instruments that provide investment exposure to such securities. It generally invests in securities where the combination of fixed-income returns and currency exchange rates appears attractive or, if the currency trend is unfavorable, where the adviser believes the currency risk can be minimized through hedging. The fund is non-diversified.

Fund Family T. Rowe Price
Category Emerging-Markets Local-Currency Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PRELX
Index Index is not available on Lipper Database

Performance

PRELX had a total return of 19.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.69%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
TEIMX-i Class0.69%
PAELXAdvisor Class1.10%
TRZFX-z Classn/a

Top 10 Holdings

29.85% of assets
NameSymbolWeight
T. Rowe Price Gov. ReserveTRPGRIA5.91%
Czech (Republic of) 2%CZGB.2 10.13.33 1033.77%
Secretaria Do Tesouro Nacional 10%BNTNF.10 01.01.31 NTNF3.52%
Cash Offsets For Shorts & Derivativesn/a3.20%
Mexican Bonosn/a2.92%
Thailand (Kingdom Of) 1.585%THAIGB.1.585 12.17.352.63%
Republic Of South Africa Government Bondn/a2.20%
Indonesia (Republic of) 6.625%INDOGB.6.625 05.15.33 FR651.92%
Malaysia (Government Of) 4.642%MGS.4.642 11.07.33 03181.89%
Romania (Republic Of) 5%ROMGB.5 02.12.29 10Y1.89%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jan 30, 2026$0.02751Jan 30, 2026
Dec 31, 2025$0.02758Dec 31, 2025
Nov 28, 2025$0.02424Nov 28, 2025
Oct 31, 2025$0.02808Oct 31, 2025
Sep 30, 2025$0.02354Sep 30, 2025
Aug 29, 2025$0.02678Aug 29, 2025
Full Dividend History