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

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
5.01
+0.02 (0.40%)
Jul 3, 2025, 4:00 PM EDT
6.82%
Fund Assets 287.49M
Expense Ratio 1.02%
Min. Investment $2,500
Turnover n/a
Dividend (ttm) 0.29
Dividend Yield 5.79%
Dividend Growth 2.14%
Payout Frequency Monthly
Ex-Dividend Date Jun 30, 2025
Previous Close 4.99
YTD Return 10.77%
1-Year Return 11.21%
5-Year Return 5.34%
52-Week Low 4.53
52-Week High 5.04
Beta (5Y) 1.15
Holdings 333
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.

Fund Family Price Funds
Category Emerging-Markets Local-Currency Bond
Stock Exchange NASDAQ
Ticker Symbol PRELX
Index Index is not available on Lipper Database

Performance

PRELX had a total return of 11.21% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.07%.

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

Other Share Classes

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

Symbol Share Class Expense Ratio
TEIMX -i Class 0.69%
PAELX Advisor Class 1.10%
TRZFX -z Class n/a

Top 10 Holdings

28.52% of assets
Name Symbol Weight
UNITED STATES TREASURY NOTE/BOND n/a 4.53%
UNITED STATES TREASURY BILL B.0 05.15.25 3.86%
REPUBLIC OF POLAND GOVERNMENT BOND n/a 2.87%
BRAZIL NOTAS DO TESOURO NACIONAL SERIE F n/a 2.67%
INDONESIA TREASURY BOND n/a 2.56%
MEXICAN BONOS n/a 2.56%
REPUBLIC OF SOUTH AFRICA GOVERNMENT BOND SAGB.8.875 02.28.35 2035 2.42%
REPUBLIC OF SOUTH AFRICA GOVERNMENT BOND n/a 2.41%
INDIA GOVERNMENT BOND n/a 2.37%
CZECH REPUBLIC GOVERNMENT BOND n/a 2.28%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
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
Feb 28, 2025 $0.02217 Feb 28, 2025
Jan 31, 2025 $0.02549 Jan 31, 2025
Full Dividend History