T. Rowe Price Emerg Mkts Lcl Ccy Bd Z (TRZFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
5.10
+0.02 (0.39%)
At close: Dec 3, 2025
8.97%
Fund Assets333.45M
Expense Ration/a
Min. Investment$2,500
Turnover75.20%
Dividend (ttm)0.34
Dividend Yield6.70%
Dividend Growth1.52%
Payout FrequencyMonthly
Ex-Dividend DateNov 28, 2025
Previous Close5.08
YTD Return19.06%
1-Year Return16.95%
5-Year Returnn/a
52-Week Low4.25
52-Week High5.10
Beta (5Y)n/a
Holdings323
Inception Daten/a

About TRZFX

T. Rowe Price Emerging Markets Local Currency Bond Fund Z Class is a mutual fund specializing in sourcing high income and capital appreciation through investments in bonds denominated in emerging markets currencies. Managed by T. Rowe Price, the fund typically allocates at least 80% of its net assets to bonds issued by governments, government agencies, and supranational organizations within developing economies, as well as derivatives linked to these securities. This strategy provides investors with exposure to both fixed-income returns and currency movements specific to emerging markets, allowing for diverse opportunities relative to more developed fixed-income markets. The fund emphasizes attractive combinations of bond yields and currency trends, utilizing hedging where currency risk is deemed unfavorable. With a non-diversified approach, it may include lower-rated bonds, even those in default, offering a comprehensive participation in the dynamic and often higher-yielding emerging markets debt sector. T. Rowe Price Emerging Markets Local Currency Bond Fund Z Class plays a significant role in portfolios seeking diversification, yield enhancement, and geographic exposure outside of developed markets fixed-income securities.

Fund Family T. Rowe Price
Category Emerging-Markets Local-Currency Bond
Stock Exchange NASDAQ
Ticker Symbol TRZFX
Share Class -z Class

Performance

TRZFX had a total return of 16.95% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.38%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
TEIMX-i Class0.69%
PAELXAdvisor Class1.10%

Top 10 Holdings

31.29% of assets
NameSymbolWeight
T. Rowe Price Government Reserve FundTRPGRIA10.06%
CZECH REPUBLIC GOVERNMENT BONDCZGB.2 10.13.33 1033.44%
NOTA DO TESOURO NACIONAL - BRAZIL NOTAS DO TESOURO NACIONAL SERIE Fn/a3.44%
MEXICO - MEXICAN BONOSMBONO.8.5 02.28.30 M2.65%
REPUBLIC OF SOUTH AFRICA GOVERNMENT BONDSAGB.8.75 01.31.44 20442.23%
INDONESIA TREASURY BONDINDOGB.6.625 05.15.33 FR652.21%
REPUBLIC OF SOUTH AFRICA GOVERNMENT BONDSAGB.8.75 02.28.48 20481.93%
THAILAND GOVERNMENT BONDTHAIGB.1.585 12.17.351.89%
INDIA GOVERNMENT BONDIGB.7.26 02.06.331.88%
REPUBLIC OF POLAND GOVERNMENT BONDPOLGB.2.75 10.25.29 10291.54%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Nov 28, 2025$0.02778Nov 28, 2025
Oct 31, 2025$0.03224Oct 31, 2025
Sep 30, 2025$0.02719Sep 30, 2025
Aug 29, 2025$0.03077Aug 29, 2025
Jul 31, 2025$0.02969Jul 31, 2025
Jun 30, 2025$0.02753Jun 30, 2025
Full Dividend History