T. Rowe Price Emerging Markets Bond's high-conviction approach has been to the detriment of risk mitigation over the past few years, putting a dent in our confidence in the investment process. Together with an upcoming change of its longtime lead manager, it supports a Morningstar Analyst Rating of Neutral across all share classes.
Will PAIKX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PAIKX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PAIKX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PAIKX’s parent organization’s priorities and whether they’re in line with investors’ interests.