PAELX
ActiveT. Rowe Price Emerging Markets Local Currency Bond Fund
Category: Intl Bond (388 funds)
Expense Ratio
1.10%
Annual Cost per $10K
$110.00
30-Year Fee Drag per $10K
$20,291
at 7% annual return
Fund Type
Mutual Fund
Active
Trailing 12-Month
+13.55%
Asset Allocation
US Bond
1%Intl Bond
89%Cash
10%Fee Comparison
PAELX
1.10%Intl Bond average
0.97%Intl Bond cheapest
0.01%Index benchmark
0.03%13% more expensive than category average
Historical Returns
Monthly total returns (dividends reinvested) from SEC N-PORT filings · As of December 2025 · Updated quarterly
+40.96%3Y
Compare to
Fee Impact Calculator
$
%
PAELX at 1.10%$279,157
At index rates (0.03%)$377,424
Zero fees (theoretical)$380,613
Total fee drag$101,456
Cost vs index fund−$98,267
Similar Funds (100)
Ranked by allocation similarity weighted by fund size · Returns (dividends reinvested) from SEC N-PORT filings · As of December 2025
| Ticker | Name | ER |
|---|---|---|
| PAELX | T. Rowe Price Emerging Markets Local Currency Bond Fund | 1.10% |
| VTIIX | VANGUARD TOTAL INTERNATIONAL BOND II INDEX FUND | 0.13% |
| EADOX | Eaton Vance Emerging Markets Debt Opportunities Fund | 1.06% |
| BNDX | VANGUARD TOTAL INTERNATIONAL BOND INDEX FUND | 0.07% |
| FGBMX | Fidelity New Markets Income Fund | 0.70% |
| TRMZX | T. Rowe Price International Bond Fund (USD Hedged) | 0.50% |
| TGEIX | TCW Emerging Markets Income Fund | 0.92% |
| PFUMX | Finisterre Emerging Markets Total Return Bond Fund$1M min | 0.86% |
| MEDAX | MFS Emerging Markets Debt Fund | 1.07% |
| DFGBX | DFA FIVE-YEAR GLOBAL FIXED INCOME PORTFOLIO$1M min | 0.21% |
| EBNGX | American Funds Emerging Markets Bond Fund | 0.55% |
| VEGBX | VANGUARD EMERGING MARKETS BOND FUND | 0.40% |
| PAEMX | PIMCO Emerging Markets Bond Fund | 1.19% |
| PRXIX | T. Rowe Price Emerging Markets Bond Fund | 0.69% |
| AGEIX | American Beacon Developing World Income Fund | 1.11% |
| EMB | iShares J.P. Morgan USD Emerging Markets Bond ETF | 0.39% |
| PCY | Invesco Emerging Markets Sovereign Debt ETF | 0.50% |
| CMBRX | Columbia Emerging Markets Bond Fund | 1.11% |
| TEIMX | T. Rowe Price Emerging Markets Local Currency Bond Fund | 0.69% |
| RPISX | T. Rowe Price International Bond Fund | 0.53% |
| FBNRX | Templeton Global Bond Fund | 0.59% |
| FSTQX | Fidelity Series International Developed Markets Bond Index Fund | 0.01% |
| EMHY | iShares J.P. Morgan EM High Yield Bond ETF | 0.50% |
| TEDNX | Nuveen Emerging Markets Debt Fund | 0.63% |
| GMCDX | GMO Emerging Country Debt Fund | 0.51% |
| CEMB | iShares J.P. Morgan EM Corporate Bond ETF | 0.50% |
| PYEIX | Payden Emerging Markets Bond Fund | 0.69% |
| IAADX | Transamerica Emerging Markets Debt | 0.74% |
| JEDAX | JPMorgan Emerging Markets Debt Fund | 0.65% |
| IAGG | iShares Core International Aggregate Bond ETF | 0.07% |
| FEDCX | Fidelity Series Emerging Markets Debt Fund | 0.01% |
| VWOB | VANGUARD EMERGING MARKETS GOVERNMENT BOND INDEX FUND | 0.15% |
| FLIA | Franklin International Aggregate Bond ETF | 0.25% |
| FEMDX | Franklin Emerging Market Debt Opportunities Fund | 1.02% |
| PDHQX | PGIM Emerging Markets Debt Hard Currency Fund | 0.65% |
| DLENX | DoubleLine Emerging Markets Fixed Income Fund | 0.93% |
| PAAA | PGIM AAA CLO ETF | 0.19% |
| PELAX | PIMCO Emerging Markets Local Currency and Bond Fund | 1.60% |
| SEDAX | SIIT EMERGING MARKETS DEBT FUND | 0.72% |
| HYEM | VanEck Emerging Markets High Yield Bond ETF | 0.40% |
| DEDAX | Nomura Emerging Markets Debt Corporate Fund | 1.05% |
| EMHC | SPDR Bloomberg Emerging Markets USD Bond ETF | 0.23% |
| EPIBX | EuroPac International Bond | 1.15% |
| EMLC | VanEck J.P. Morgan EM Local Currency Bond ETF | 0.30% |
| TGWIX | TCW Emerging Markets Local Currency Income Fund | 0.85% |
| EGRSX | Eaton Vance Global Macro Absolute Return Advantage Fund | 1.94% |
| FSEDX | Fidelity Series Emerging Markets Debt Local Currency Fund | 0.02% |
| EMTL | SPDR DoubleLine Emerging Markets Fixed Income ETF | 0.65% |
| SITEX | SIT Emerging Markets Debt Fund | 1.36% |
| SHRMX | Stone Ridge High Yield Reinsurance Risk Premium Fund | 1.91% |
| AEDGX | Emerging Markets Debt Fund | 0.02% |
| CLOI | VanEck CLO ETF | 0.36% |
| GAIPX | Goldman Sachs Emerging Markets Debt Fund | 0.83% |
| EBND | SPDR(R) Bloomberg Emerging Markets Local Bond ETF | 0.30% |
| TECIX | T. Rowe Price Emerging Markets Corporate Bond Fund | 0.74% |
| EMCB | WisdomTree Emerging Markets Corporate Bond Fund | 0.61% |
| TIBWX | Nuveen International Bond Fund | 0.60% |
| JEMB | Janus Henderson Emerging Markets Debt Hard Currency ETF | 0.52% |
| EMLNX | MFS Emerging Markets Debt Local Currency Fund | 0.78% |
| AMAPX | Amana Participation Fund | 0.59% |
| PGHY | Invesco Global ex-US High Yield Corporate Bond ETF | 0.35% |
| FTTRX | Templeton Global Total Return Fund | 0.84% |
| EMPIX | The Ambassador Fund | 1.46% |
| LCAMX | Leader Capital Short Term High Yield Bond Fund | 1.68% |
| EMDQX | PGIM Emerging Markets Debt Local Currency Fund | 0.65% |
| BWX | SPDR(R) Bloomberg International Treasury Bond ETF | 0.35% |
| FBIIX | Fidelity International Bond Index Fund | 0.06% |
| JPMB | JPMorgan USD Emerging Markets Sovereign Bond ETF | 0.39% |
| JPIB | JPMorgan International Bond Opportunities ETF | 0.50% |
| MBDBX | Emerging Markets Debt Portfolio | 1.15% |
| EEIAX | Eaton Vance Emerging Markets Local Income Fund | 1.26% |
| SEFIX | SIT International Fixed Income Fund | 1.04% |
| IGOV | iShares International Treasury Bond ETF | 0.35% |
| VSHCX | Virtus Stone Harbor Emerging Markets Debt Income Fund | 0.74% |
| ELD | WisdomTree Emerging Markets Local Debt Fund | 0.55% |
| VPVEMDV | PIMCO Emerging Markets Bond Portfolio | 1.28% |
| IHIAX | Federated Hermes Emerging Market Debt Fund | 1.19% |
| SPSK | SP Funds Dow Jones Global Sukuk ETF | 0.50% |
| DNIOX | Dunham International Opportunity Bond Fund | 1.75% |
| WIP | SPDR(R) FTSE International Government Inflation-Protected Bond ETF | 0.50% |
| EMKAX | Ashmore Emerging Markets Total Return Fund | 1.35% |
| PEMIX | PIMCO Emerging Markets Corporate Bond Fund$1M min | 1.03% |
| RBERX | RBC BlueBay Emerging Market Debt Fund | 0.77% |
| VVIQX | Voya VACS Series EMHCD Fund | 0.14% |
| LODMX | Lord Abbett Emerging Markets Bond Fund | 0.80% |
| LEMB | iShares J.P. Morgan EM Local Currency Bond ETF | 0.30% |
| SCEMX | DWS Emerging Markets Fixed Income Fund | 0.91% |
| PYCIX | Payden Emerging Markets Corporate Bond Fund | 0.85% |
| DELNX | DoubleLine Low Duration Emerging Markets Fixed Income Fund | 0.84% |
| DLELX | DoubleLine Emerging Markets Local Currency Bond Fund | 0.91% |
| EMBD | Global X Emerging Markets Bond ETF | 0.39% |
| WISEX | Wise Capital Fund | 0.89% |
| PYEAX | Payden Emerging Markets Local Bond Fund | 0.75% |
| EMBAX | VanEck Emerging Markets Bond Fund | 1.21% |
| PICB | Invesco International Corporate Bond ETF | 0.50% |
| FEMB | First Trust Emerging Markets Local Currency Bond ETF | 0.85% |
| MGHAX | NYLI Candriam Emerging Markets Debt Fund | 1.15% |
| ECDAX | Ashmore Emerging Markets Corporate Income Fund | 1.19% |
| PLMAX | PIMCO Emerging Markets Currency and Short-Term Investments Fund | 1.00% |
| WEDRX | William Blair Emerging Markets Debt Fund | 0.65% |
| BWZ | SPDR(R) Bloomberg Short Term International Treasury Bond ETF | 0.35% |
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