T. Rowe Price Emerging Markets Bond Fund (PREMX)

Net Asset Value
1 Day
Overall Morningstar Rating
Emerging markets bond
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide high income and capital appreciation. 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. Fund holdings may be denominated in U.S. dollars or non-U.S. dollar currencies, including emerging market currencies. While most assets will be invested in bonds, it may enter into forward currency exchange contracts in keeping with the fund's objectives. The fund is non-diversified.


1 month-4.93% 3 years+3.91%
3 months-6.19% 5 years+5.53%
1 year+0.24% Since inception+11.07%
Data through --

Peer Comparisonvs. Emerging markets bond

Performance 5-yr return+5.53%+6.26%
Expense ratio0.94%1.23%
Risk 5 year sharpe ratio0.870.74
Net assets$4.4B$666.0M
Average market cap--$16.6B
Average P/E--15.0
Portfolio turnover46%46%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyT. Rowe Price
Fund manager & tenureMichael Conelius / 19 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00


Fixed income94.64%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Russian Federation 7.5%4.65%
-- Petroleos De Venezuela Sa 8.5%2.54%
-- Brazil(Fed Rep Of) 10%2.49%
-- Vereinigte Mexikanische 7.75%2.27%
-- Argentina (Rep Of) 8.75%1.59%
-- Indonesia Rep 3.75%1.49%
-- Brazil(Fed Rep Of) 6%1.47%
-- South Africa Rep 5.875%1.22%
-- Ukraine(Rep Of) 6.58%1.20%
-- Brazil(Fed Rep Of)1.19%

To view my watchlist

Not a member yet?

Sign up now for a free account

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.