Morningstar

T. Rowe Price Emerging Markets Local Currency Bond Fund PRELX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 5.02  /  −0.20 %
  • Total Assets 466.5M
  • Adj. Expense Ratio
    0.920%
  • Expense Ratio 0.960%
  • Distribution Fee Level Above Average
  • 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 6.28%
  • Effective Duration 5.28 years

USD | NAV as of Jul 17, 2026 | 1-Day Return as of Jul 17, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PRELX

Will PRELX outperform in the 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 PRELX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PRELX 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 PRELX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

T. Rowe Price Emerg Mkts Lcl Ccy Bd holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PRELX

More PRELX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

T. Rowe Price Gov. Reserve

5.25 24M
Cash and Equivalents

Secretaria Do Tesouro Nacional 10%

4.91 23M
Government

Cash Offsets For Shorts & Derivatives

3.23 15M
Cash and Equivalents

South Africa (Republic of) 8.75%

2.56 12M
Government

Hungary (Republic Of) 6%

2.10 10M
Government

Mexican Bonos

2.08 10M
Government

Secretaria Do Tesouro Nacional 10%

1.91 9M
Government

Indonesia (Republic of) 6.375%

1.88 9M
Government

Secretaria Do Tesouro Nacional 10%

1.69 8M
Government

India (Republic of) 7.26%

1.62 7M
Government

Sponsor Center