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Trending ETFs

T. Rowe Price Emerging Markets Bond Fund

mutual fund
PAIKX
Dividend policy
Active
Price as of:
$11.25 -0.03 0%
primary theme
Emerging Markets Bond
share class
No Load (PREMX) Primary Inst (PRXIX) Adv (PAIKX) Inst (TREZX)
PAIKX (Mutual Fund)

T. Rowe Price Emerging Markets Bond Fund

Dividend policy
Active
Price as of:
$11.25 -0.03 0%
primary theme
Emerging Markets Bond
share class
No Load (PREMX) Primary Inst (PRXIX) Adv (PAIKX) Inst (TREZX)
PAIKX (Mutual Fund)
T. Rowe Price Emerging Markets Bond Fund
Dividend policy
Active
Price as of:
$11.25 -0.03 0%
primary theme
Emerging Markets Bond
share class
No Load (PREMX) Primary Inst (PRXIX) Adv (PAIKX) Inst (TREZX)

PAIKX - Snapshot

Vitals

  • YTD Return -2.9%
  • 3 Yr Annualized Return 1.1%
  • 5 Yr Annualized Return 3.9%
  • Net Assets $4.95 B
  • Holdings in Top 10 18.7%

52 WEEK LOW AND HIGH

$11.28
$9.62
$11.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.33%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 58.20%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification

  • Primary Theme Emerging Markets Bond
  • Fund Type Open End Mutual Fund
  • Investment Style Emerging Markets Bond

Compare PAIKX to Popular Emerging Markets Bond Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

MFS Emerging Markets Debt Fund

Fund

$14.81

-0.20%

$8.71 B

4.10%

$0.61

blocked
blocked
blocked

-3.64%

0.83%

TCW Emerging Markets Income Fund

Fund

$8.20

-0.24%

$7.41 B

4.28%

$0.35

blocked
blocked
blocked

-3.64%

0.85%

Fidelity Advisor® New Markets Income Fund

Fund

$14.55

-0.21%

$6.15 B

3.92%

$0.57

blocked
blocked
blocked

-3.64%

0.81%

T. Rowe Price Emerging Markets Bond Fund

Fund

$11.26

-0.18%

$4.95 B

4.58%

$0.52

blocked
blocked
blocked

-2.85%

0.90%

GMO Emerging Country Debt Fund

Fund

$25.99

-0.23%

$4.17 B

7.44%

$1.94

blocked
blocked
blocked

-1.70%

0.54%

Compare PAIKX to Popular Emerging Markets Bond ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

iShares J.P. Morgan USD Emerging Markets Bond ETF

EMB | ETF

$110.86

-0.25%

$17.46 B

3.89%

$4.32

blocked
blocked
blocked

-4.18%

0.39%

VanEck Vectors J.P. Morgan EM Local Currency Bond ETF

EMLC | ETF

$31.38

-0.13%

$3.22 B

4.94%

$1.55

blocked
blocked
blocked

-5.65%

0.36%

Vanguard Emerging Markets Government Bond Index Fund

VWOB | ETF

$78.71

-0.14%

$2.93 B

4.11%

$3.24

blocked
blocked
blocked

-4.13%

0.25%

Invesco Emerging Markets Sovereign Debt ETF

PCY | ETF

$27.38

-0.55%

$2.73 B

4.48%

$1.23

blocked
blocked
blocked

-4.65%

0.50%

SPDR® Bloomberg Barclays Emerging Markets Local Bond ETF

EBND | ETF

$26.58

0.00%

$1.20 B

3.67%

$0.97

blocked
blocked
blocked

-5.20%

0.30%

PAIKX - Profile

Distributions

  • YTD Total Return -2.9%
  • 3 Yr Annualized Total Return 1.1%
  • 5 Yr Annualized Total Return 3.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 4.86%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    T. Rowe Price Emerging Markets Bond Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Aug 28, 2015
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Michael Conelius

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 corporate and sovereign bonds. The advisor 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 is non-diversified.

PAIKX - Performance

Return Ranking - Trailing

Period PAIKX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.9% -13.2% 0.8% 31.93%
1 Yr 18.8% -12.5% 48.4% 47.18%
3 Yr 1.1%* -6.7% 9.1% 68.91%
5 Yr 3.9%* -2.9% 9.6% 62.46%
10 Yr 4.0%* -2.2% 7.0% 47.59%

* Annualized

Return Ranking - Calendar

Period PAIKX Return Category Return Low Category Return High Rank in Category (%)
2020 -0.3% -20.2% 99.4% 70.77%
2019 5.6% -9.9% 13.5% 84.16%
2018 -11.8% -31.2% 73.9% 69.78%
2017 1.7% -9.1% 14.2% 93.71%
2016 7.4% -9.2% 219.0% 27.76%

Total Return Ranking - Trailing

Period PAIKX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.9% -13.2% 0.8% 31.93%
1 Yr 18.8% -13.3% 48.4% 39.83%
3 Yr 1.1%* -6.7% 9.1% 65.10%
5 Yr 3.9%* -2.9% 9.6% 57.61%
10 Yr 4.0%* -2.2% 6.7% 44.83%

* Annualized

Total Return Ranking - Calendar

Period PAIKX Return Category Return Low Category Return High Rank in Category (%)
2020 -0.3% -20.2% 99.4% 70.77%
2019 5.6% -9.9% 13.6% 84.46%
2018 -11.8% -31.2% 0.0% 85.36%
2017 2.4% 0.0% 17.0% 96.69%
2016 7.4% -9.2% 242.1% 42.97%

NAV & Total Return History

PAIKX - Holdings

Concentration Analysis

PAIKX Category Low Category High PAIKX % Rank
Net Assets 4.95 B 443 K 17.5 B 6.27%
Number of Holdings 350 3 1478 28.85%
Net Assets in Top 10 946 M -112 M 1.54 B 4.67%
Weighting of Top 10 18.72% 0.4% 99.8% 58.33%

Top 10 Holdings

  1. Petroleos Mexicanos 6.5% 3.02%
  2. Perusahaan Penerbit SBSN Indonesia III 4.55% 2.43%
  3. Mexico City Airport Trust 5.5% 2.37%
  4. Petrobras Global Finance B.V. 8.75% 2.18%
  5. Ukraine (Republic of) 7.75% 1.72%
  6. PT Pertamina (Persero) 5.62% 1.50%
  7. Dominican Republic 6.85% 1.48%
  8. Bahamas (Commonwealth of) 6% 1.40%
  9. Argentina (Republic of) 0.12% 1.38%
  10. Turkey (Republic of) 6% 1.35%

Asset Allocation

Weighting Return Low Return High PAIKX % Rank
Bonds 		95.79% 0.00% 127.74% 31.59%
Cash 		3.26% -34.45% 102.06% 74.73%
Convertible Bonds 		0.95% 0.00% 10.74% 22.53%
Stocks 		0.00% -0.61% 9.03% 79.67%
Preferred Stocks 		0.00% 0.00% 0.01% 74.18%
Other 		0.00% -4.95% 2.36% 72.53%

Bond Sector Breakdown

Weighting Return Low Return High PAIKX % Rank
Government 		75.85% 0.00% 99.82% 34.34%
Corporate 		20.90% 0.00% 93.54% 42.31%
Cash & Equivalents 		3.26% 0.00% 100.00% 75.82%
Derivative 		0.00% 0.00% 59.19% 87.36%
Securitized 		0.00% 0.00% 2.70% 75.82%
Municipal 		0.00% 0.00% 0.00% 74.18%

Bond Geographic Breakdown

Weighting Return Low Return High PAIKX % Rank
Non US 		92.18% 0.00% 438.46% 56.87%
US 		3.61% -314.11% 46.81% 6.87%

PAIKX - Expenses

Operational Fees

PAIKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.33% 0.04% 40.50% 45.07%
Management Fee 0.74% 0.00% 1.50% 60.60%
12b-1 Fee 0.25% 0.00% 1.00% 48.28%
Administrative Fee 0.15% 0.01% 0.65% 74.45%

Sales Fees

PAIKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PAIKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.50% 2.00% 55.81%

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.

PAIKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 58.20% 0.00% 302.00% 34.56%

PAIKX - Distributions

Dividend Yield Analysis

PAIKX Category Low Category High PAIKX % Rank
Dividend Yield 0.00% 0.00% 3.06% 74.18%

Dividend Distribution Analysis

PAIKX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

PAIKX Category Low Category High PAIKX % Rank
Net Income Ratio 4.86% -0.61% 10.00% 34.35%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

PAIKX - Fund Manager Analysis

Managers

Michael Conelius

Start Date

Tenure

Tenure Rank

Dec 30, 1994

26.27

26.3%

Michael Conelius is a portfolio manager in the Fixed Income Division at T. Rowe Price. Mr. Conelius is lead manager of T. Rowe Price's Emerging Markets Bond and Emerging Markets Corporate Bond Strategies. He is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T. Rowe Price International Ltd. Prior to joining the firm in 1988, he was a consultant for Booz Allen Hamilton. Mr. Conelius earned a B.S. in finance from Towson University and an M.S. in finance from Loyola University Maryland. Mr. Conelius has also earned the Chartered Financial Analyst designation.

Samy Muaddi

Start Date

Tenure

Tenure Rank

Jun 30, 2020

0.75

0.8%

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 26.27 5.59 4.94

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