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T. Rowe Price Emerg Mkts Lcl Ccy Bd
PRELX•NASDAQ
Financial ServicesAsset Management - Bonds
$4.86
$0.01(0.21%)
T. Rowe Price Emerg Mkts Lcl Ccy Bd (PRELX) Stock Overview
Explore T. Rowe Price Emerg Mkts Lcl Ccy Bd’s financial performance, market position, analyst ratings, and future outlook.
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Company Profile
Under normal conditions, at least 80% of the fund's net assets (including any borrowings for investment purposes) will be invested in bonds that are denominated in emerging markets currencies, and in derivative instruments that provide investment exposure to such securities. It generally invests in securities where the combination of fixed-income returns and currency exchange rates appears attractive or, if the currency trend is unfavorable, where the adviser believes the currency risk can be minimized through hedging. The fund is non-diversified.
Headquarters
Baltimore, MD 21202
Founded
2011