T Rowe Price Emerg Mkts Local Currency Bd (PRELX)
5.08
0.00 (0.00%)
USD |
Aug 24 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.92% | 466.15M | -- | 82.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 139.68M | 7.78% |
Basic Info
| Investment Strategy | |
| The Fund seeks to provide high income and capital appreciation. Under normal conditions, at least 80% of the funds net assets will be invested in bonds that are denominated in emerging markets currencies, and in derivative instruments that provide investment exposure to such securities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond Emerging Markets Global LC |
| Peer Group | Emerging Markets Local Currency Debt Fds |
| Global Macro | Bond Emerging Markets |
| US Macro | Emerging Markets Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Emerging Markets Local Currency Debt Fds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
81
-88.73M
Peer Group Low
137.39M
Peer Group High
1 Year
% Rank:
29
139.68M
-32.90M
Peer Group Low
990.18M
Peer Group High
3 Months
% Rank:
76
-192.51M
Peer Group Low
463.51M
Peer Group High
3 Years
% Rank:
49
-99.87M
Peer Group Low
2.566B
Peer Group High
6 Months
% Rank:
26
-70.64M
Peer Group Low
432.27M
Peer Group High
5 Years
% Rank:
79
-192.66M
Peer Group Low
2.857B
Peer Group High
YTD
% Rank:
28
-23.91M
Peer Group Low
586.69M
Peer Group High
10 Years
% Rank:
22
-1.484B
Peer Group Low
3.887B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of August 25, 2026.
Asset Allocation
As of June 30, 2026.
| Type | % Net |
|---|---|
| Cash | 2.47% |
| Stock | 0.14% |
| Bond | 94.80% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 2.59% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
Brazil, Federative Republic of (Government) 10% 01-JAN-2031
|
4.60% | -- | -- |
| T Rowe Price Government Money Fund | 3.00% | 1.00 | 0.00% |
|
Other Assets less Liabilities
|
2.63% | -- | -- |
|
South Africa, Republic of (Government) 8.75% 31-JAN-2044
|
2.55% | -- | -- |
|
Brazil, Federative Republic of (Government) 10% 01-JAN-2029
|
2.49% | -- | -- |
|
Hungary (Government) 4.5% 23-MAR-2028
|
2.09% | -- | -- |
|
United Mexican States (Mexico) (Government) 8.5% 28-FEB-2030
|
2.06% | -- | -- |
| United States of America USGB 0.0 09/24/2026 FIX USD Government | 1.99% | 99.70 | 0.01% |
|
Indonesia, Republic of (Government) 6.375% 15-APR-2032
|
1.76% | -- | -- |
|
Indonesia, Republic of (Government) 7.5% 15-APR-2040
|
1.48% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.50% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | 0.00% |
| General Availability | |
| Available for Insurance Product | -- |
| Available for RRSP | -- |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 2500.00 None |
| Minimum Subsequent Investment | 100.00 None |
Projected Income
| Type | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Qualified Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Normal
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Qualified
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
LT Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Ordinary Income
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Non-Qual
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ST Cap Gains
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Interest
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Tax-Exempt
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
ROC
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Other
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
|
Total
|
-- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- | -- |
As of July 31, 2026.
Basic Info
| Investment Strategy | |
| The Fund seeks to provide high income and capital appreciation. Under normal conditions, at least 80% of the funds net assets will be invested in bonds that are denominated in emerging markets currencies, and in derivative instruments that provide investment exposure to such securities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond Emerging Markets Global LC |
| Peer Group | Emerging Markets Local Currency Debt Fds |
| Global Macro | Bond Emerging Markets |
| US Macro | Emerging Markets Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Emerging Markets Local Currency Debt Fds |
| Fund Owner Firm Name | T. Rowe Price |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (8-24-26) | 6.30% |
| 30-Day SEC Yield (7-31-26) | 6.42% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 221 |
| Bond | |
| Yield to Maturity (6-30-26) | 6.40% |
| Effective Duration | 5.16 |
| Average Coupon | 6.46% |
| Calculated Average Quality | 4.021 |
| Effective Maturity | 7.669 |
| Nominal Maturity | 7.669 |
| Number of Bond Holdings | 162 |
As of June 30, 2026
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:PRELX", "name") |
| Broad Asset Class: =YCI("M:PRELX", "broad_asset_class") |
| Broad Category: =YCI("M:PRELX", "broad_category_group") |
| Prospectus Objective: =YCI("M:PRELX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |