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

MUTF · Mutual Fund · Delayed Price · Currency is USD
4.690
-0.020 (-0.42%)
Jun 14, 2024, 8:01 PM EDT
-5.44%
Fund Assets 310.66M
Expense Ratio 1.02%
Min. Investment $2,500
Turnover 107.60%
Dividend (ttm) 0.29
Dividend Yield 6.13%
Dividend Growth 3.22%
Payout Frequency Monthly
Ex-Dividend Date May 30, 2024
Previous Close 4.710
YTD Return -5.35%
1-Year Return -0.17%
5-Year Return -4.83%
52-Week Low 4.600
52-Week High 5.110
Beta (5Y) 1.11
Holdings 304
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 T. Rowe Price
Category Emerging-Markets Local-Currency Bond
Performance Rating Average
Risk Rating Average
Stock Exchange MUTF
Ticker Symbol PRELX
Index Index is not available on Lipper Database

Performance

PRELX had a total return of -0.17% in the past year. Since the fund's inception, the average annual return has been -5.67%, including dividends.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol Provider Name Expense Ratio
FGKPX Fidelity Fidelity SAI Emerging Markets Low Volatility Index Fund 0.25%
FCNSX Fidelity Fidelity Series Canada Fund 0.01%
FSUVX Fidelity Fidelity SAI U.S. Low Volatility Index Fund 0.11%

Other Share Classes

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

Symbol Share Class Expense Ratio
TEIMX -i Class 0.70%
PAELX Advisor Class 1.10%
TRZFX -z Class n/a

Top 10 Holdings

26.74% of assets
Name Symbol Weight
T. Rowe Price Government Reserve Fund n/a 3.20%
MEXICAN BONOS MBONO 8.5 11.18.38 M 3.04%
BRAZIL NOTAS DO TESOURO NACIONAL SERIE F n/a 3.01%
REPUBLIC OF SOUTH AFRICA GOVERNMENT BOND n/a 2.78%
INDONESIA TREASURY BOND n/a 2.60%
CZECH REPUBLIC GOVERNMENT BOND CZGB 2 10.13.33 103 2.55%
REPUBLIC OF POLAND GOVERNMENT BOND POLGB 2.5 07.25.27 0727 2.51%
MALAYSIA GOVERNMENT BOND n/a 2.42%
CHINA GOVERNMENT BOND CGB 3.13 11.21.29 1915 2.40%
REPUBLIC OF SOUTH AFRICA GOVERNMENT BOND SAGB 8.75 01.31.44 2044 2.23%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
May 30, 2024 $0.0262 May 31, 2024
Apr 29, 2024 $0.02328 Apr 30, 2024
Mar 27, 2024 $0.0244 Mar 28, 2024
Feb 28, 2024 $0.02203 Feb 29, 2024
Jan 30, 2024 $0.02246 Jan 31, 2024
Dec 28, 2023 $0.02481 Dec 29, 2023
Full Dividend History