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Trending ETFs

Name

As of 02/16/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.93

$3.82 B

5.45%

$0.49

0.99%

Vitals

YTD Return

-1.6%

1 yr return

10.2%

3 Yr Avg Return

-2.9%

5 Yr Avg Return

-0.3%

Net Assets

$3.82 B

Holdings in Top 10

14.6%

52 WEEK LOW AND HIGH

$9.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.99%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 38.10%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 02/16/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$8.93

$3.82 B

5.45%

$0.49

0.99%

PREMX - Profile

Distributions

  • YTD Total Return -1.6%
  • 3 Yr Annualized Total Return -2.9%
  • 5 Yr Annualized Total Return -0.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.48%
DIVIDENDS
  • Dividend Yield 5.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    T. Rowe Price Emerging Markets Bond Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Dec 30, 1994
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Samy Muaddi

Fund Description

The fund will normally invest at least 80% (and potentially all) of its net assets (including any borrowings for investment purposes) in debt securities of emerging market governments or companies located in emerging market countries. The fund’s investments in debt securities typically consist of a mix of both sovereign bonds and corporate bonds. The fund considers frontier markets to be a subset of emerging markets and any investments in frontier markets will be counted toward the fund’s 80% investment policy. The fund relies on a classification by either JP Morgan or the International Monetary Fund to determine which countries are emerging markets.

The fund ordinarily invests in the securities of at least three countries; however, it may invest in the securities of one country, including the U.S., for temporary defensive purposes.

The fund’s holdings may be denominated in U.S. dollars or non-U.S. dollar currencies, including emerging market currencies. The extent, if any, to which the fund attempts to

cushion the impact of foreign currency fluctuations on the U.S. dollar depends on market conditions. The fund’s holdings may include the lowest-rated bonds, including those in default, and there are no overall limits on the fund’s investments that are rated below investment-grade (BB or lower, or an equivalent rating), also known as “junk” bonds.

Although the fund expects to maintain an intermediate- to long-term weighted average maturity, there are no maturity restrictions on the overall portfolio or on individual securities. Security selection relies heavily on research, which analyzes political and economic trends as well as creditworthiness of particular issuers. The adviser seeks to favor bonds it expects will be upgraded.

While most assets will be invested in foreign bonds, the fund may use interest rate futures and forward foreign currency exchange contracts in keeping with its objective(s). Interest rate futures are primarily used as an efficient means of managing the fund’s exposure to interest rate changes and to adjust the fund’s duration. Forward foreign currency exchange contracts are primarily used to help protect the fund’s non-U.S. dollar denominated holdings from unfavorable changes in foreign currency exchange rates, although other currency hedging techniques may be used from time to time.

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PREMX - Performance

Return Ranking - Trailing

Period PREMX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.6% -2.8% 4.8% 76.55%
1 Yr 10.2% -4.4% 16.9% 24.76%
3 Yr -2.9%* -14.4% 3.0% 59.31%
5 Yr -0.3%* -8.1% 5.8% 83.75%
10 Yr 2.3%* -5.2% 4.8% 27.06%

* Annualized

Return Ranking - Calendar

Period PREMX Return Category Return Low Category Return High Rank in Category (%)
2023 7.3% -10.6% 17.8% 19.87%
2022 -21.4% -29.1% -2.4% 76.09%
2021 -6.7% -24.0% 2.7% 43.10%
2020 -0.3% -14.0% 9.7% 71.89%
2019 5.6% -6.4% 13.0% 83.03%

Total Return Ranking - Trailing

Period PREMX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.6% -2.8% 4.8% 76.55%
1 Yr 10.2% -4.4% 16.9% 24.76%
3 Yr -2.9%* -14.4% 3.0% 59.31%
5 Yr -0.3%* -8.1% 5.8% 83.75%
10 Yr 2.3%* -5.2% 4.8% 27.06%

* Annualized

Total Return Ranking - Calendar

Period PREMX Return Category Return Low Category Return High Rank in Category (%)
2023 13.3% -0.6% 20.0% 28.66%
2022 -17.3% -27.6% -1.7% 80.13%
2021 -2.5% -18.5% 7.4% 39.31%
2020 4.6% -7.8% 18.0% 59.07%
2019 11.3% -3.0% 23.0% 80.87%

NAV & Total Return History


PREMX - Holdings

Concentration Analysis

PREMX Category Low Category High PREMX % Rank
Net Assets 3.82 B 331 K 13.6 B 5.84%
Number of Holdings 357 4 1833 35.71%
Net Assets in Top 10 556 M -134 M 1.25 B 7.47%
Weighting of Top 10 14.56% 5.1% 100.3% 81.31%

Top 10 Holdings

  1. IVORY COAST GOVERNMENT INTERNATIONAL BOND 1.95%
  2. SENEGAL GOVERNMENT INTERNATIONAL BOND 1.77%
  3. PERUSAHAAN PENERBIT SBSN INDONESIA III 1.68%
  4. EXPORT-IMPORT BANK OF INDIA 1.55%
  5. PANAMA GOVERNMENT INTERNATIONAL BOND 1.53%
  6. JORDAN GOVERNMENT INTERNATIONAL BOND 1.45%
  7. ANGOLAN GOVERNMENT INTERNATIONAL BOND 1.39%
  8. SERBIA INTERNATIONAL BOND 1.10%
  9. T ROWE PRICE GOVERNMENT RESERVE INVESTMENT FUND 1.08%
  10. DOMINICAN REPUBLIC INTERNATIONAL BOND 1.06%

Asset Allocation

Weighting Return Low Return High PREMX % Rank
Bonds
97.25% 0.00% 113.64% 27.92%
Cash
2.68% 0.00% 22.42% 69.16%
Convertible Bonds
0.66% 0.00% 8.47% 30.49%
Stocks
0.12% -0.01% 84.72% 21.10%
Preferred Stocks
0.00% 0.00% 1.61% 44.81%
Other
-0.05% -16.42% 80.06% 70.13%

Stock Sector Breakdown

Weighting Return Low Return High PREMX % Rank
Utilities
0.00% 0.00% 11.41% 32.26%
Technology
0.00% 0.00% 30.64% 19.35%
Real Estate
0.00% 0.00% 2.39% 21.77%
Industrials
0.00% 0.00% 100.00% 25.81%
Healthcare
0.00% 0.00% 12.25% 26.61%
Financial Services
0.00% 0.00% 100.00% 26.61%
Energy
0.00% 0.00% 100.00% 4.84%
Communication Services
0.00% 0.00% 8.92% 33.87%
Consumer Defense
0.00% 0.00% 24.66% 24.19%
Consumer Cyclical
0.00% 0.00% 100.00% 27.42%
Basic Materials
0.00% 0.00% 100.00% 41.13%

Stock Geographic Breakdown

Weighting Return Low Return High PREMX % Rank
US
0.12% 0.00% 84.72% 16.88%
Non US
0.00% -0.01% 0.99% 11.69%

Bond Sector Breakdown

Weighting Return Low Return High PREMX % Rank
Government
69.89% 0.00% 99.79% 42.30%
Corporate
20.51% 0.00% 93.26% 40.00%
Cash & Equivalents
1.08% 0.00% 23.23% 60.71%
Securitized
0.00% 0.00% 2.41% 48.85%
Municipal
0.00% 0.00% 0.00% 41.64%
Derivative
-0.05% -6.36% 7.35% 62.99%

Bond Geographic Breakdown

Weighting Return Low Return High PREMX % Rank
US
87.38% -42.31% 99.19% 35.06%
Non US
9.87% 0.00% 132.49% 53.90%

PREMX - Expenses

Operational Fees

PREMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.99% 0.18% 35.56% 66.99%
Management Fee 0.70% 0.00% 1.10% 52.27%
12b-1 Fee N/A 0.00% 1.00% 0.75%
Administrative Fee 0.15% 0.02% 0.65% 61.32%

Sales Fees

PREMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PREMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.75% 2.00% 32.56%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PREMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 38.10% 0.00% 218.00% 26.87%

PREMX - Distributions

Dividend Yield Analysis

PREMX Category Low Category High PREMX % Rank
Dividend Yield 5.45% 0.00% 7.28% 43.51%

Dividend Distribution Analysis

PREMX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Quarterly Monthly Monthly

Net Income Ratio Analysis

PREMX Category Low Category High PREMX % Rank
Net Income Ratio 4.48% -2.28% 8.00% 32.56%

Capital Gain Distribution Analysis

PREMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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PREMX - Fund Manager Analysis

Managers

Samy Muaddi


Start Date

Tenure

Tenure Rank

Jun 30, 2020

1.92

1.9%

Mr. Muaddi has been chairman of the committee since 2015. Mr. Muaddi joined T. Rowe Price in 2006 and his investment experience dates from that time. Throughout the past five years, he has served as a credit analyst and portfolio manager (beginning in 2015). The Statement of Additional Information provides additional information about the portfolio manager’s compensation, other accounts managed by the portfolio manager, and the portfolio manager’s ownership of the fund’s shares.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 23.87 6.36 6.11