T. Rowe Price Emerging Markets Local Currency Bond Fund I Class (TEIMX)
| Fund Assets | 413.27M |
| Expense Ratio | 0.69% |
| Min. Investment | $0.00 |
| Turnover | 75.20% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 6.05% |
| Dividend Growth | 4.03% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 5.26 |
| YTD Return | 3.10% |
| 1-Year Return | 20.33% |
| 5-Year Return | 11.37% |
| 52-Week Low | 4.36 |
| 52-Week High | 5.26 |
| Beta (5Y) | 0.36 |
| Holdings | 187 |
| Inception Date | Dec 17, 2015 |
About TEIMX
The T. Rowe Price Emerging Markets Local Currency Bond Fund I Class is a mutual fund focused on generating high income and capital appreciation by investing primarily in bonds denominated in the local currencies of emerging market countries. The portfolio consists of fixed-rate and floating-rate bonds issued by governments, government agencies, and supranational entities across diverse emerging economies. By denominating investments in local currencies rather than U.S. dollars, the fund offers exposure to both emerging market interest rates and foreign currency movements, which can diversify risk and potentially act as a hedge against U.S. dollar weakness. The fund also utilizes derivatives—including swaps and credit default swaps—to manage risk or access specific exposures, and is permitted to take both long and short currency positions for active currency management. Integrating environmental, social, and governance (ESG) factors into its research process, the fund aims to identify opportunities and risks at both the country and issuer levels. With a nondiversified structure, the fund can concentrate holdings, allowing for targeted investment themes within its global mandate. This fund serves investors seeking to capture the income and growth potential of emerging markets through debt instruments while accepting the additional risks associated with currency fluctuations and developing economies.
Performance
TEIMX had a total return of 20.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.68%.
Top 10 Holdings
29.85% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Gov. Reserve | TRPGRIA | 5.91% |
| Czech (Republic of) 2% | CZGB.2 10.13.33 103 | 3.77% |
| Secretaria Do Tesouro Nacional 10% | BNTNF.10 01.01.31 NTNF | 3.52% |
| Cash Offsets For Shorts & Derivatives | n/a | 3.20% |
| Mexican Bonos | n/a | 2.92% |
| Thailand (Kingdom Of) 1.585% | THAIGB.1.585 12.17.35 | 2.63% |
| Republic Of South Africa Government Bond | n/a | 2.20% |
| Indonesia (Republic of) 6.625% | INDOGB.6.625 05.15.33 FR65 | 1.92% |
| Malaysia (Government Of) 4.642% | MGS.4.642 11.07.33 0318 | 1.89% |
| Romania (Republic Of) 5% | ROMGB.5 02.12.29 10Y | 1.89% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02874 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02883 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02532 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02935 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02466 | Sep 30, 2025 |
| Aug 29, 2025 | $0.028 | Aug 29, 2025 |