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PREMX T. Rowe Price Emerging Markets Bond

  • Fund
  • PREMX
  • Price as of: Aug 08, 2016
  • $12.68
  • + $0.04
  • + 0.32%
  • Category
  • Emerging Markets Bonds

PREMX - Profile

Vitals

  • YTD Return 11.0%
  • 3 Yr Annualized Return 5.9%
  • 5 Yr Annualized Return 5.1%
  • Net Assets $4.89 B
  • Holdings in Top 10 16.6%

52 WEEK LOW AND HIGH

$12.68
$11.00
$12.68

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.93%

SALES FEES

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

BROKERAGE FEES

  • Turnover 61.50%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$1,000

Investment Themes

CATEGORY

Emerging Markets Bonds
  • Fund Type Open End Mutual Fund
  • Investment Style Emerging Markets Bond

Distributions

  • YTD Total Return 11.0%
  • 3 Yr Annualized Total Return 5.9%
  • 5 Yr Annualized Total Return 5.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 6.13%
DIVIDENDS
  • Dividend Yield 0.8%
  • 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 J. Conelius

Fund Description

The T. Rowe Price Emerging Markets Bond Fund (PREMX) is a low-cost, actively managed fund designed to provide a high total return from income and capital appreciation. The fund invests in U.S. dollar-denominated bonds issued by emerging-market nations and corporations. PREMX engages in credit research to find the best opportunities for both yield and rising prices.

PREMX makes an ideal choice for investors looking to spice up their fixed-income portfolios. The fund is managed by T. Rowe Price.

PREMX - Performance

Return Ranking - Trailing

Period PREMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 11.0% -16.1% 241.2% 30.61% 2
1 Yr 13.1% -22.3% 16.8% 1.16% 1
3 Yr 5.9% * -6.9% 7.7% 7.98% 1
5 Yr 5.1% * -5.7% 8.6% 14.69% 1
10 Yr 7.0% * 1.6% 9.4% 36.23% 2

* Annualized


Return Ranking - Calendar

Period PREMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -5.5% -26.3% 3.0% 20.68% 2
2014 N/A -2.1% -0.1% N/A N/A
2013 N/A -12.4% -11.1% N/A N/A
2012 N/A 12.4% 12.5% N/A N/A
2011 N/A 0.1% 1.2% N/A N/A

Total Return Ranking - Trailing

Period PREMX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 11.0% -16.1% 241.2% 31.14% 2
1 Yr 13.1% -25.4% 16.8% 1.16% 1
3 Yr 5.9% * -7.7% 7.5% 6.84% 1
5 Yr 5.1% * -5.7% 8.3% 12.99% 1
10 Yr 7.0% * 1.6% 9.2% 33.33% 2

* Annualized


Total Return Ranking - Calendar

Period PREMX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -5.5% -26.3% 3.0% 22.00% 2
2014 N/A -2.1% -0.1% N/A N/A
2013 N/A -10.7% -10.7% N/A N/A
2012 N/A 13.4% 15.3% N/A N/A
2011 N/A 0.4% 2.0% N/A N/A

NAV & Total Return History

PREMX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

PREMX Category Low Category High PREMX % Rank Quintile
Net Assets 4.89 B 2.46 M 5.35 B 0.58% 1
Number of Holdings 427 2 914 4.07% 1
Net Assets in Top 10 804 M -5.02 M 1.75 B 0.87% 1
Weighting of Top 10 16.6% 0.0% 279.7% 26.16% 5

Top 10 Holdings

  1. Petroleos Mexicanos 6.5% 2.46%
  2. Foederative Republik Brasilien, Bras 10% 2.00%
  3. Pt Pertamina Persero 5.625% 1.84%
  4. Brazil Federative Rep 4.25% 1.69%
  5. Petroleos De Venezuela Sa 8.5% 1.67%
  6. Russian Fedn 4.5% 1.48%
  7. Petroleos Mexicanos 5.5% 1.46%
  8. Brazil Federative Rep 5% 1.41%
  9. Indonesia Rep 3.75% 1.31%
  10. Serbia Rep 4.875% 1.30%

Asset Allocation

Weighting Category Low Category High PREMX % Rank Quintile
Bonds
91.12% 0.00% 119.20% 13.66% 3
Cash
8.39% -87.13% 112.67% 13.95% 3
Convertible Bonds
0.31% 0.00% 1.55% 1.16% 1
Other
0.19% -13.73% 16.75% 18.60% 4
Preferred Stocks
0.00% 0.00% 1.40% 1.16% 1
Stocks
0.00% -1.55% 99.95% 3.20% 2

Bond Sector Breakdown

Weighting Category Low Category High PREMX % Rank Quintile
Government
59.06% 0.00% 103.20% 12.50% 3
Corporate
31.65% 0.00% 91.17% 12.21% 3
Cash & Equivalents
8.39% -48.84% 112.67% 13.37% 3
Municipal
0.50% 0.00% 2.73% 4.94% 2
Securitized
0.32% 0.00% 23.66% 5.81% 2
Derivative
-0.14% -20.04% 28.56% 8.14% 5

Bond Geographic Breakdown

Weighting Category Low Category High PREMX % Rank Quintile
Non US
90.03% 0.00% 202.66% 15.70% 3
US
1.09% -143.41% 64.68% 9.30% 2

PREMX - Expenses

Operational Fees

PREMX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.93% 0.29% 35.45% 51.45% 1
Management Fee 0.74% 0.28% 1.30% 6.69% 2
12b-1 Fee 0.00% 0.00% 1.00% 5.61% 1
Administrative Fee 0.15% 0.01% 0.65% 5.56% 4

Sales Fees

PREMX Fees (% of AUM) Category Low Category High PREMX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

PREMX Fees (% of AUM) Category Low Category High PREMX Rank Quintile
Max Redemption Fee 2.00% 0.75% 2.00% 1.00% 2

Turnover 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 Low Category High PREMX Rank Quintile
Turnover 61.50% 15.00% 605.00% 16.62% 3

PREMX - Distributions

Dividend Yield Analysis

PREMX Category Low Category High PREMX % Rank Quintile
Dividend Yield 0.8% 0.00% 3.24% 3.32% 1

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

PREMX Category Low Category High PREMX % Rank Quintile
Net Income Ratio 6.13% -0.29% 8.90% 11.05% 1

Capital Gain Distribution Analysis

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

PREMX - Managers

Michael J. Conelius

Lead Manager

Start Date

Dec 30, 1994

Tenure

21.6

Tenure Rank

0.2%

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.


Tenure Analysis

Category Low

0.0

Category High

22.3

Category Average

3.85

Category Mode

1.6