T. Rowe Price Emerg Mkts Lcl Ccy Bd (PRELX)
| Fund Assets | 296.43M |
| Expense Ratio | 1.02% |
| Min. Investment | $0.00 |
| Turnover | 75.20% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 5.72% |
| Dividend Growth | 1.98% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 5.07 |
| YTD Return | 12.32% |
| 1-Year Return | 5.33% |
| 5-Year Return | 3.91% |
| 52-Week Low | 4.53 |
| 52-Week High | 5.09 |
| Beta (5Y) | 1.25 |
| Holdings | 310 |
| Inception Date | May 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.
Performance
PRELX had a total return of 5.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.16%.
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
26.11% of assets| Name | Symbol | Weight |
|---|---|---|
| CZECH REPUBLIC GOVERNMENT BOND | n/a | 3.57% |
| T. Rowe Price Government Reserve Fund | TRPGRIA | 3.50% |
| BRAZIL NOTAS DO TESOURO NACIONAL SERIE F | n/a | 3.37% |
| MEXICAN BONOS | MBONO.8.5 02.28.30 M | 2.65% |
| INDONESIA TREASURY BOND | INDOGB.6.625 05.15.33 FR65 | 2.53% |
| INDIA GOVERNMENT BOND | n/a | 2.24% |
| UNITED STATES TREASURY BILL | B.0 09.18.25 | 2.14% |
| THAILAND GOVERNMENT BOND | n/a | 2.12% |
| REPUBLIC OF SOUTH AFRICA GOVERNMENT BOND | SAGB.8.75 01.31.44 2044 | 2.10% |
| MALAYSIA GOVERNMENT BOND | n/a | 1.88% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02678 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02584 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02397 | Jun 30, 2025 |
| May 30, 2025 | $0.02508 | May 30, 2025 |
| Apr 30, 2025 | $0.02366 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0234 | Mar 31, 2025 |