TECIX Fees and Costs — T. Rowe Price Emerging Markets Corporate Bond Fund, I Class
Data updated: 2026-08-27
The net expense ratio is 0.69%: a 0.64% management fee plus 0.17% other expenses, less a 0.12% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $5K in broker commissions, 0.0017% of average net assets, and portfolio turnover was 90%.
TECIX Fees and Expenses
Annual operating expenses and sales charges of TECIX. Prospectus, as of February 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.64% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.17% |
| Gross expense ratio | 0.81% |
| Fee waiver | −0.12% |
| Net expense ratio | 0.69% |
| 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 |
TECIX Costs Over Time
On $10,000 invested in TECIX, assuming 5% a year before costs, total costs come to $435 over 5 years, cutting the return by 0.73% 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 0.69%) | $72 | $227 | $395 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $73 | $239 | $435 |
| Value after costs | $10,427 | $11,338 | $12,327 |
| Impact on return, per year | 0.73% | 0.73% | 0.73% |
TECIX 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): 0.0017%
- Total broker commissions: $5K
- Bought from dealers (principal trades, not a cost): $554.8M
- Portfolio turnover (prospectus): 90%
- Securities lending: none during the year
TECIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Citigroup Inc. | $2K | 32.60% |
| J.P. MORGAN SECURITIES LLC | $1K | 19.74% |
| BOFA SECURITIES, INC. | $882 | 17.11% |
| GOLDMAN SACHS & CO. LLC | $815 | 15.81% |
| MORGAN STANLEY & CO. LLC | $585 | 11.35% |
| Deutsche Bank Securities Inc. | $175 | 3.39% |
TECIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $62.2M | 14.79% |
| HSBC Securities (USA) Inc. | $60.2M | 14.32% |
| BARCLAYS CAPITAL INC. | $56.8M | 13.51% |
| J.P. MORGAN SECURITIES LLC | $54.1M | 12.86% |
| Citigroup Inc. | $44.3M | 10.54% |
| JEFFERIES LLC | $36.9M | 8.78% |
| MORGAN STANLEY & CO. LLC | $36.3M | 8.64% |
| BOFA SECURITIES, INC. | $25.4M | 6.05% |
| Deutsche Bank Securities Inc. | $24.4M | 5.79% |
| STANDARD CHARTERED SECURITIES (NORTH AMERICA) LLC | $19.9M | 4.72% |
T. Rowe Price Emerging Markets Corporate 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 |
|---|---|---|---|
| TECZX | Z Class | 0.00% | — |
| TECIX | I Class | 0.69% | — |
| TRECX | T. Rowe Price Emerging Markets Corporate Bond Fund | 0.88% | — |
| PACEX | Advisor Class | 1.16% | — |
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.