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Morningstar

T. Rowe Price Emerg Mkts Lcl Ccy Bd Adv PAELX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 4.76  /  0.05 %
  • Total Assets 384.0 Mil
  • Adj. Expense Ratio
    1.100%
  • Expense Ratio 1.100%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Emerging-Markets Local-Currency Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 6.09%
  • Effective Duration 5.32 years

USD | NAV as of Sep 22, 2023 | 1-Day Return as of Sep 22, 2023, 10:19 PM GMT+0

Morningstar’s Analysis PAELX

Will PAELX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PAELX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PAELX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of PAELX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A strong management team and sound investment process underpin T. Rowe Price Emerg Mkts Lcl Ccy Bd Adv's Morningstar Medalist Rating of Silver.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PAELX

More PAELX Holdings
  • Current Portfolio Date
  • Equity Holdings 1
  • Bond Holdings 139
  • Other Holdings 11
  • % Assets in Top 10 Holdings 24.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Cash & Cash Equivalents

5.01
20,344,901
Cash and Equivalents

T. Rowe Price Gov. Reserve

4.82
19,567,390
Cash and Equivalents

Secretaria Tesouro Nacional 10%

3.68
14,937,318
Government

Mexico (United Mexican States) 8.5%

3.22
13,092,768
Government

Indonesia (Republic of) 8.75%

2.58
10,501,867
Government

Romania (Republic Of) 5%

2.50
10,142,604
Government

South Africa (Republic of) 8.875%

2.38
9,653,310
Government

Malaysia (Government Of) 4.232%

2.27
9,213,438
Government

Secretaria Tesouro Nacional 10%

2.11
8,567,201
Government

China (People's Republic Of) 3.13%

1.99
8,096,237
Government