T. Rowe Price Emerging Markets Bond Fund

Frequently Asked Questions About PREMX

What does PREMX invest in?

This fund aims to allocate at least 80%—and potentially all—of its total capital (including any borrowed funds) to debt instruments. These investments will be in bonds issued by governments or companies located within emerging market economies. Its portfolio of debt typically comprises a mix of both sovereign bonds and corporate bonds. The fund's advisor includes frontier markets as a component of emerging markets, meaning any investments made in frontier markets will contribute towards the 80% allocation requirement. This is a non-diversified fund.

What is the expense ratio of PREMX?

T. Rowe Price Emerging Markets Bond Fund (PREMX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

What is PREMX's dividend yield?

PREMX's trailing-twelve-month yield is 5.98%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PREMX?

Effective duration measures PREMX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PREMX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of PREMX?

PREMX's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of PREMX?

Yield to maturity (YTM) is the total return you'd earn from PREMX if every bond in the portfolio is held to maturity at the current price. PREMX's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.