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Trending ETFs

T. Rowe Price Emerging Markets Bond Fund

mutual fund
PREMX
Dividend policy
Active
Price as of:
$11.27 -0.04 0%
primary theme
Emerging Markets Bond
PREMX (Mutual Fund)

T. Rowe Price Emerging Markets Bond Fund

Dividend policy
Active
Price as of:
$11.27 -0.04 0%
primary theme
Emerging Markets Bond
PREMX (Mutual Fund)
T. Rowe Price Emerging Markets Bond Fund
Dividend policy
Active
Price as of:
$11.27 -0.04 0%
primary theme
Emerging Markets Bond

PREMX - Snapshot

Vitals

  • YTD Return -2.8%
  • 3 Yr Annualized Return 2.9%
  • 5 Yr Annualized Return 4.3%
  • Net Assets $5.04 B
  • Holdings in Top 10 19.1%

52 WEEK LOW AND HIGH

$11.31
$9.90
$11.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.90%

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 PREMX to Popular Emerging Markets Bond Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$14.83

-0.27%

$9.09 B

4.06%

$0.60

blocked
blocked
blocked

-3.51%

0.83%

$8.18

-0.37%

$7.74 B

4.39%

$0.36

blocked
blocked
blocked

-3.88%

0.85%

$14.61

-0.21%

$6.26 B

3.82%

$0.56

blocked
blocked
blocked

-3.25%

0.81%

$11.27

-0.35%

$5.04 B

4.56%

$0.52

blocked
blocked
blocked

-2.76%

0.90%

$26.10

-0.34%

$4.31 B

7.40%

$1.94

blocked
blocked
blocked

-1.29%

0.54%

Compare PREMX to Popular Emerging Markets Bond ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$111.09

-0.23%

$19.11 B

3.85%

$4.29

blocked
blocked
blocked

-5.03%

0.39%

$31.74

+0.06%

$3.38 B

4.88%

$1.55

blocked
blocked
blocked

-5.74%

0.36%

$78.84

-0.25%

$3.09 B

4.11%

$3.25

blocked
blocked
blocked

-4.92%

0.25%

$27.49

-0.22%

$2.81 B

4.40%

$1.22

blocked
blocked
blocked

-5.76%

0.50%

$26.74

+0.04%

$1.25 B

3.63%

$0.97

blocked
blocked
blocked

-5.67%

0.30%

PREMX - Profile

Distributions

  • YTD Total Return -2.8%
  • 3 Yr Annualized Total Return 2.9%
  • 5 Yr Annualized Total Return 4.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 4.87%
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
    Dec 30, 1994
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • 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.


PREMX - Performance

Return Ranking - Trailing

Period PREMX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.8% -58.7% 15.1% 35.16%
1 Yr 21.0% -12.5% 58.4% 20.55%
3 Yr 2.9%* -5.0% 10.3% 60.51%
5 Yr 4.3%* -2.9% 9.6% 51.75%
10 Yr 4.4%* -2.6% 7.1% 32.26%

* Annualized

Return Ranking - Calendar

Period PREMX Return Category Return Low Category Return High Rank in Category (%)
2020 -0.3% -20.2% 99.4% 70.79%
2019 5.6% -9.9% 13.5% 81.95%
2018 -11.8% -31.2% 73.9% 68.67%
2017 1.7% -9.1% 14.2% 93.61%
2016 7.4% -9.2% 219.0% 26.28%

Total Return Ranking - Trailing

Period PREMX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.8% -58.7% 15.1% 35.16%
1 Yr 21.0% -13.3% 58.4% 17.81%
3 Yr 2.9%* -5.2% 10.3% 56.25%
5 Yr 4.3%* -2.9% 9.6% 47.37%
10 Yr 4.4%* -2.6% 6.8% 29.68%

* Annualized

Total Return Ranking - Calendar

Period PREMX Return Category Return Low Category Return High Rank in Category (%)
2020 -0.3% -20.2% 99.4% 70.79%
2019 5.6% -9.9% 17.3% 82.52%
2018 -11.8% -31.2% 0.7% 83.73%
2017 1.7% 0.0% 17.0% 98.08%
2016 7.4% -9.2% 242.1% 40.88%

NAV & Total Return History


PREMX - Holdings

Concentration Analysis

PREMX Category Low Category High PREMX % Rank
Net Assets 5.04 B 240 K 19.1 B 5.80%
Number of Holdings 351 3 1478 22.25%
Net Assets in Top 10 946 M -115 M 1.65 B 4.29%
Weighting of Top 10 19.11% 0.4% 99.8% 55.71%

Top 10 Holdings

  1. Petroleos Mexicanos 6.5% 3.08%
  2. Perusahaan Penerbit SBSN Indonesia III 4.55% 2.49%
  3. Mexico City Airport Trust 5.5% 2.42%
  4. TYM1 UST 10YR FUT JUN 21 2.28%
  5. TYM1 UST 10YR FUT JUN 21 2.28%
  6. TYM1 UST 10YR FUT JUN 21 2.28%
  7. TYM1 UST 10YR FUT JUN 21 2.28%
  8. TYM1 UST 10YR FUT JUN 21 2.28%
  9. TYM1 UST 10YR FUT JUN 21 2.28%
  10. TYM1 UST 10YR FUT JUN 21 2.28%

Asset Allocation

Weighting Return Low Return High PREMX % Rank
Bonds
97.82% -1.76% 124.35% 19.03%
Cash
1.22% -27.75% 102.06% 81.50%
Convertible Bonds
0.97% 0.00% 10.74% 23.32%
Stocks
0.00% -0.61% 8.23% 54.42%
Preferred Stocks
0.00% 0.00% 0.01% 38.61%
Other
0.00% -4.95% 5.03% 40.75%

Bond Sector Breakdown

Weighting Return Low Return High PREMX % Rank
Government
75.85% 0.00% 99.75% 33.24%
Corporate
20.90% 0.00% 94.28% 41.82%
Cash & Equivalents
3.26% 0.00% 100.00% 74.26%
Derivative
0.00% 0.00% 59.76% 67.83%
Securitized
0.00% 0.00% 2.70% 43.16%
Municipal
0.00% 0.00% 0.00% 38.34%

Bond Geographic Breakdown

Weighting Return Low Return High PREMX % Rank
Non US
94.13% 0.00% 438.46% 45.31%
US
3.69% -314.11% 49.20% 4.29%

PREMX - Expenses

Operational Fees

PREMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.90% 0.04% 40.50% 72.10%
Management Fee 0.74% 0.00% 1.50% 58.84%
12b-1 Fee N/A 0.00% 1.00% 0.75%
Administrative Fee 0.15% 0.01% 0.65% 67.14%

Sales Fees

PREMX 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

PREMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.50% 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 58.20% 0.00% 302.00% 32.78%

PREMX - Distributions

Dividend Yield Analysis

PREMX Category Low Category High PREMX % Rank
Dividend Yield 0.00% 0.00% 2.57% 43.01%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

PREMX Category Low Category High PREMX % Rank
Net Income Ratio 4.87% -0.61% 10.00% 31.69%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

PREMX - Fund Manager Analysis

Managers

Michael Conelius


Start Date

Tenure

Tenure Rank

Dec 30, 1994

26.35

26.4%

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

0.83

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
0.07 26.35 5.65 1.33