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Lipper
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Zacks Investment Research
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Standard & Poor's
3 / 5 Stars
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TheStreet.com
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U.S. News evaluated 77 Emerging Markets Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 11.15 percent over the past year.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 3.5% |
| 1 Year | 11.2% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
Summary
The investment seeks high income and capital appreciation. The fund normally invests at least 80% of net assets 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 it believes the currency risk can be minimized through hedging. The fund may invest in bonds of any credit. It is non-diversified.
Fees
Fees are Low compared to funds in the same category.
T. Rowe Price Emerging Markets Local Currency Bond Fund has an expense ratio of 1.20 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
