T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio
Data updated: 2024-03-12
C000111135 — T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio. Holdings, fees, performance and SEC filings.
C000111135 Fund Overview
T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio is a US mutual fund managed by T. Rowe Price Multi-Sector Account Portfolios, Inc., categorised as Intermediate Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: T. Rowe Price Multi-Sector Account Portfolios, Inc.
- Category: Intermediate Corporate Bond
- Assets under management: $3.26M
- 1-year return: 6.5%
- SEC CIK: 0001533490
- SEC series ID: S000036336
- Share class ID: C000111135
C000111135 Investment Objective and Strategy
T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by T. Rowe Price Multi-Sector Account Portfolios, Inc..
Investment objective
The fund seeks high current income and,
Principal investment strategy
The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in debt securities issued by corporations located in or conducting the predominant part of their business activities in the emerging market countries of Latin America, Asia, Europe, Africa, and the Middle East. The fund considers frontier markets to be a subset of emerging markets and any investments in frontier markets will be counted toward the funds 80% investment policy. The fund relies on a classification by either JP Morgan or the International Monetary Fund to determine which countries are emerging markets. There are no overall limits on the funds investments that are rated below investment-grade (BB or lower, or an equivalent rating) by established credit rating agencies or are not rated by any credit rating agency but deemed to be below investment-grade by T.
Rowe Price. Investments in below investment-grade bonds, also known as junk bonds in the U.S. bond market, should be considered speculative. The funds holdings may include the lowest-rated bonds, including those in default. While it is expected that the securities held by the fund will primarily be U.S. dollar-denominated, the fund may also hold securities denominated in emerging market currencies and other non-U.S. currencies. The fund does not generally attempt to cushion the impact of non-U.S. currency fluctuations against the U.S. dollar. Although the fund expects to generally maintain an intermediate- to long-term weighted average maturity, there are no maturity restrictions on the overall portfolio or on individual securities purchased by the fund. The fund is nondiversified, meaning it may invest a greater portion of its assets in fewer issuers than is permissible for a diversified fund.
The fund may sell holdings for a variety of reasons, such as to alter geographic or currency exposure, to adjust the portfolios average maturity, duration, or credit quality or to shift assets into and out of higher-yielding or lower-yielding securities, or to alter geographic or currency exposure.
C000111135 Holdings
Top 10 holdings of T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| T Rowe Price Government Reserve Investment Fund | 6.49% |
| Emirates NBD Bank PJSC | 6.11% |
| Banco de Bogota SA | 6.06% |
| Saudi Electricity Global Sukuk Co 2 | 5.91% |
| AES Andes SA | 5.90% |
| Bank Negara Indonesia Persero Tbk PT | 5.86% |
| Sable International Finance Ltd | 5.80% |
| Vivo Energy Investments BV | 5.76% |
| Axian Telecom | 5.75% |
| Bangkok Bank PCL/Hong Kong | 5.46% |
C000111135 Portfolio Allocation
Asset-class allocation of T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 92.4% |
| Cash & Equivalents | 6.5% |
C000111135 Performance
Total returns for C000111135 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 6.5% |
| 3 years (annualised) | -1.9% |
C000111135 Risk Information
Risk metrics for C000111135, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.1%
C000111135 Costs and Fees
C000111135 costs about $3 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.03%
- Gross expense ratio: 0.03%
- Portfolio turnover: 36%
- Brokerage commissions: 0.13 bps of average net assets (SEC N-CEN)
C000111135 Cashflows
Over the 12 months to 2023-12, T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio had net inflows of $726.06K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-12 | $540.24K |
| 2023-11 | $17.03K |
| 2023-10 | $17.44K |
| 2023-09 | $17.41K |
| 2023-08 | $16.22K |
| 2023-07 | $17.85K |
C000111135 Debt Constituents
Largest debt holdings of T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Emirates NBD Bank PJSC | 6.11% |
| Banco de Bogota SA | 6.06% |
| Saudi Electricity Global Sukuk Co 2 | 5.91% |
| AES Andes SA | 5.90% |
| Bank Negara Indonesia Persero Tbk PT | 5.86% |
| Sable International Finance Ltd | 5.80% |
| Vivo Energy Investments BV | 5.76% |
| Axian Telecom | 5.75% |
| Bangkok Bank PCL/Hong Kong | 5.46% |
| Globo Comunicacao e Participacoes SA | 5.27% |
C000111135 Prospectus and SEC Filings
Official T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-04-27
- Prospectus (485BPOS) — filed 2022-04-28
- Prospectus (485BPOS) — filed 2021-04-28
- Portfolio holdings (N-PORT) — filed 2024-02-26
- Portfolio holdings (N-PORT) — filed 2023-11-28
- Portfolio holdings (N-PORT) — filed 2023-08-28
- Annual census (N-CEN) — filed 2024-03-12
- Annual census (N-CEN) — filed 2023-03-15
Related Funds
Other Intermediate Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.