T. Rowe Price Emerging Markets Bond Fund (PREMX)
T. Rowe Price Emerging Markets Bond Fund operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $9.52, down 0.31% on the session, giving a market capitalisation of $6.11B. Its beta of 0.95 implies it has historically moved less than the broad market.
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.
T. Rowe Price Emerging Markets Bond Fund is most often compared with the following Financial Services names: