PAIKX Fees and Costs — T. Rowe Price Emerging Markets Bond Fund, Advisor Class
Data updated: 2026-08-27
The net expense ratio is 1.15%: a 0.64% management fee, a 0.25% 12b-1 fee plus 2.08% other expenses, less a 1.82% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $92K in broker commissions, 0.0018% of average net assets, and portfolio turnover was 53%.
PAIKX Fees and Expenses
Annual operating expenses and sales charges of PAIKX. Prospectus, as of February 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 0.25% |
| Other expenses | 2.08% |
| Gross expense ratio | 2.97% |
| Fee waiver | −1.82% |
| Net expense ratio | 1.15% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PAIKX Costs Over Time
On $10,000 invested in PAIKX, assuming 5% a year before costs, total costs come to $718 over 5 years, cutting the return by 1.21% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.15%) | $121 | $376 | $651 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $19 | $66 |
| Total costs | $121 | $395 | $718 |
| Value after costs | $10,379 | $11,181 | $12,045 |
| Impact on return, per year | 1.21% | 1.21% | 1.21% |
PAIKX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0018%
- Total broker commissions: $92K
- Bought from dealers (principal trades, not a cost): $5.2B
- Portfolio turnover (prospectus): 53%
- Securities lending: none during the year
PAIKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $43K | 46.37% |
| J.P. MORGAN SECURITIES LLC | $21K | 22.91% |
| BOFA SECURITIES, INC. | $16K | 17.14% |
| MORGAN STANLEY & CO. LLC | $8K | 8.92% |
| Citigroup Inc. | $4K | 3.92% |
| Deutsche Bank Securities Inc. | $685 | 0.75% |
PAIKX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $703.2M | 16.30% |
| BARCLAYS CAPITAL INC. | $634.5M | 14.70% |
| Citigroup Inc. | $586.1M | 13.58% |
| HSBC Securities (USA) Inc. | $576.7M | 13.37% |
| JEFFERIES LLC | $444.8M | 10.31% |
| GOLDMAN SACHS & CO. LLC | $392.1M | 9.09% |
| MORGAN STANLEY & CO. LLC | $323.4M | 7.50% |
| Deutsche Bank Securities Inc. | $263.5M | 6.11% |
| BOFA SECURITIES, INC. | $238.0M | 5.52% |
| SANTANDER US CAPITAL MARKETS LLC | $152.3M | 3.53% |
T. Rowe Price Emerging Markets Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TREZX | Z Class | 0.00% | — |
| PRXIX | I Class | 0.64% | — |
| PREMX | T. Rowe Price Emerging Markets Bond Fund | 0.95% | — |
| PAIKX | Advisor Class | 1.15% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.