TRECX Performance — T. Rowe Price Emerging Markets Corporate Bond Fund
Data updated: 2026-08-27
TRECX returned +1.76% year to date and +6.60% over one year to Jun 2026. Annualised returns are +7.56% over 3 years and +1.78% over 5 years. The fund beat its International Intermediate Corporate Bond category average: $100 invested three years ago grew to $124, against $122 for the category, and to $107 over one year, against $106. Volatility over the past three years was 4.40% a year. In the 12 months to Jun 2026 the fund lost a net $29.1M, and assets reached $314.58M.
TRECX Growth of $100
What $100 invested in T. Rowe Price Emerging Markets Corporate Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the International Intermediate Corporate Bond category average over the same months.
| Period | TRECX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $107 | $106 |
| 3 years (Jul 2023 – Jun 2026) | $124 | $122 |
| 5 years (Jul 2021 – Jun 2026) | $109 | $110 |
| Since data start (Jul 2019 – Jun 2026) | $122 | $121 |
TRECX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.76% |
| 1 year | +6.60% |
| 3 years (annualised) | +7.56% |
| 5 years (annualised) | +1.78% |
TRECX Annual Returns
Calendar-year total returns of T. Rowe Price Emerging Markets Corporate Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.76% |
| 2025 | +8.65% |
| 2024 | +7.31% |
| 2023 | +7.44% |
| 2022 | −12.33% |
| 2021 | −1.66% |
| 2020 | +6.88% |
| 2019 (Jul–Dec) | +3.76% |
TRECX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +1.0% | +0.4% | −2.6% | +2.1% | +0.6% | +0.2% | — | — | — | — | — | — |
| 2025 | +0.8% | +1.7% | −0.3% | −0.7% | +0.7% | +1.5% | +1.1% | +1.3% | +1.3% | +0.3% | 0.0% | +0.6% |
| 2024 | +0.4% | +0.6% | +1.4% | −1.1% | +1.5% | +0.8% | +1.3% | +1.6% | +1.8% | −0.8% | +0.2% | −0.6% |
| 2023 | +3.2% | −1.8% | −0.2% | +0.6% | −0.3% | +0.9% | +1.4% | −0.7% | −1.1% | −1.6% | +3.8% | +3.1% |
| 2022 | −2.6% | −3.2% | −1.5% | −2.4% | −1.2% | −4.3% | +0.4% | +1.2% | −4.9% | −1.9% | +5.8% | +2.1% |
| 2021 | −0.1% | −0.3% | −0.8% | +0.6% | +0.5% | +0.7% | −0.2% | +1.0% | −0.9% | −1.3% | −1.6% | +0.7% |
| 2020 | +1.3% | −0.2% | −14.2% | +5.1% | +4.2% | +3.0% | +2.6% | +1.2% | −0.5% | +0.7% | +3.4% | +1.7% |
| 2019 | — | — | — | — | — | — | +1.0% | +0.3% | +0.5% | +0.7% | +0.3% | +0.9% |
TRECX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 4.40%
- 3-year Sharpe ratio: 0.70 (vs 4.5% risk-free rate)
- Best month: +3.84% (Nov 2023)
- Worst month: −2.60% (Mar 2026)
TRECX Fund Flows
Monthly money in and out of T. Rowe Price Emerging Markets Corporate Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$29.1M
- 12-month gross sales (incl. reinvestments): $58.3M
- Sales ÷ redemptions: 0.67×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $4.8M | $12.7M | −$7.8M |
| May 2026 | $5.6M | $7.8M | −$2.1M |
| Apr 2026 | $3.7M | $5.0M | −$1.3M |
| Mar 2026 | $7.6M | $6.0M | $1.6M |
| Feb 2026 | $5.4M | $5.3M | $58K |
| Jan 2026 | $3.7M | $6.6M | −$2.9M |
| Dec 2025 | $3.3M | $4.2M | −$941K |
| Nov 2025 | $3.8M | $4.1M | −$310K |
| Oct 2025 | $5.1M | $6.0M | −$959K |
| Sep 2025 | $4.5M | $10.0M | −$5.5M |
| Aug 2025 | $5.8M | $10.9M | −$5.2M |
| Jul 2025 | $5.1M | $8.8M | −$3.7M |
TRECX Assets Under Management
Net assets of T. Rowe Price Emerging Markets Corporate Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $314.58M |
| 2026-03-31 | $321.03M |
| 2025-12-31 | $330.60M |
| 2025-09-30 | $334.51M |
| 2025-06-30 | $341.45M |
| 2025-03-31 | $236.05M |
| 2024-12-31 | $247.93M |
| 2024-09-30 | $268.79M |
| 2024-06-30 | $277.09M |
| 2024-03-31 | $292.67M |
| 2023-12-31 | $319.18M |
| 2023-09-30 | $344.02M |
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.