T. Rowe Price Emerging Markets Bond Fund
PREMX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- The Gate, Level 15, Office 24Dubai,Dubai XXXXXXUnited Arab Emirates United States of America
- IPO Date
- Dec 30, 1994
- CIK
- 0000313212
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Emerging Markets Bond Fund (PREMX) is an open-end mutual fund that seeks high income and capital appreciation by investing at least 80% of its net assets in debt securities of emerging market governments, government agencies, and corporations; sovereign bonds; quasi-sovereign bonds; corporate bonds; and other fixed-income instruments, including up to 20% in non-investment-grade securities, with a portfolio allocation of approximately 95.58% in non-US bonds, 67.90% in government bonds, and 24.16% in corporate bonds. The fund normally maintains a portfolio with low credit quality and extended interest-rate sensitivity, targeting issuers across emerging markets such as Malaysia, South Africa, Ivory Coast, Panama, and Brazil, which comprise its top holdings at 7.86% of the portfolio. It is available to US investors with a minimum initial investment of $2,500, a net expense ratio of 0.93%, and total net assets of $4.99 billion. Launched on December 30, 1994, and domiciled in the United States, the fund operates primarily through T. Rowe Price Associates, Inc., headquartered in Baltimore, Maryland, with global reach across emerging market regions. Portfolio management is led by Samy Muaddi since June 30, 2020, with Richard Hall joining as co-manager on June 30, 2025. Among recent developments, T. Rowe Price launched the Emerging Markets Blue Economy Bond Strategy (T. Rowe Price Blue) on September 15, 2025, in partnership with the International Finance Corporation and Builders Vision, committing over $200 million initially to catalyze corporate blue bonds supporting ocean ecosystems and water resource initiatives in emerging markets. In September 2025, the firm increased its exposure to emerging and frontier market bonds, including local currency positions in Egypt, Nigeria, Turkey, and new issuers like Uzbekistan, amid a strategy to capitalize on higher yields and diversification from US assets. These initiatives reflect ongoing strategic expansions in sustainable and high-yield emerging markets debt segments.