T. Rowe Price Emerging Markets Local Currency Bond Fund (PRELX)
| Fund Assets | 304.86M |
| Expense Ratio | 1.02% |
| Min. Investment | $500,000 |
| Turnover | 107.60% |
| Dividend (ttm) | 0.28 |
| Dividend Yield | 5.95% |
| Dividend Growth | 0.10% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 27, 2024 |
| Previous Close | 4.750 |
| YTD Return | -3.21% |
| 1-Year Return | -1.24% |
| 5-Year Return | -6.85% |
| 52-Week Low | 4.600 |
| 52-Week High | 5.090 |
| Beta (5Y) | 1.11 |
| Holdings | 185 |
| 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 -1.24% in the past year. Since the fund's inception, the average annual return has been -5.50%, including dividends.
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
31.39% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Gov. Reserve | n/a | 6.95% |
| South Africa (Republic of) 8.875% | SAGB 8.875 02.28.35 2035 | 4.34% |
| Czech (Republic of) 2% | CZGB 2 10.13.33 103 | 3.47% |
| Mexico (United Mexican States) 8.5% | MBONO 8.5 11.18.38 M | 2.97% |
| Indonesia (Republic of) 8.75% | INDOGB 8.75 05.15.31 FR73 | 2.55% |
| China (People's Republic Of) 3.13% | CGB 3.13 11.21.29 1915 | 2.50% |
| Malaysia (Government Of) 3.757% | MGS 3.757 05.22.40 0519 | 2.49% |
| Thailand (Kingdom Of) 1.585% | THAIGB 1.585 12.17.35 | 2.12% |
| Poland (Republic of) 6% | n/a | 2.01% |
| Colombia (Republic of) 6% | COLOM 6 04.28.28 REGS | 1.98% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | $0.0217 | Jun 28, 2024 |
| 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 |