TREZX Performance — T. Rowe Price Emerging Markets Bond Fund, Z Class
Data updated: 2026-08-27
TREZX returned +4.17% year to date and +13.82% over one year to Jun 2026. Annualised returns are +12.07% over 3 years and +3.77% over 5 years. The fund beat its Emerging Markets Bond category average: $100 invested three years ago grew to $141, against $130 for the category, and to $114 over one year, against $110. Volatility over the past three years was 6.38% a year. In the 12 months to Jun 2026 the fund took in a net $1.0B, and assets reached $6.25B.
TREZX Growth of $100
What $100 invested in T. Rowe Price Emerging Markets Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Emerging Markets Bond category average over the same months.
| Period | TREZX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $114 | $110 |
| 3 years (Jul 2023 – Jun 2026) | $141 | $130 |
| 5 years (Jul 2021 – Jun 2026) | $120 | $116 |
| Since data start (Mar 2020 – Jun 2026) | $145 | $123 |
TREZX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +4.17% |
| 1 year | +13.82% |
| 3 years (annualised) | +12.07% |
| 5 years (annualised) | +3.77% |
TREZX Annual Returns
Calendar-year total returns of T. Rowe Price Emerging Markets Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +4.17% |
| 2025 | +15.35% |
| 2024 | +7.20% |
| 2023 | +14.22% |
| 2022 | −16.44% |
| 2021 | −1.54% |
| 2020 (Mar–Dec) | +20.06% |
TREZX 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 | +1.4% | +1.1% | −3.2% | +2.9% | +1.2% | +0.7% | — | — | — | — | — | — |
| 2025 | +1.9% | +1.5% | −1.1% | −0.8% | +1.4% | +2.6% | +1.4% | +1.7% | +2.1% | +2.3% | +0.7% | +0.7% |
| 2024 | −0.9% | +0.8% | +2.1% | −1.4% | +1.7% | +0.4% | +1.9% | +2.1% | +2.0% | −1.7% | +1.3% | −1.2% |
| 2023 | +3.8% | −2.5% | +0.6% | +0.5% | −0.5% | +2.7% | +1.9% | −1.1% | −2.7% | +0.5% | +5.6% | +4.9% |
| 2022 | −3.2% | −5.5% | +0.4% | −5.5% | −0.9% | −8.1% | +3.1% | −0.3% | −7.5% | +0.8% | +9.2% | +1.0% |
| 2021 | −1.0% | −2.0% | −1.0% | +3.0% | +1.2% | +0.5% | +0.4% | +1.3% | −2.0% | −0.4% | −2.6% | +1.3% |
| 2020 | — | — | −4.3% | +1.6% | +6.4% | +3.9% | +4.0% | +1.7% | −2.7% | +0.2% | +5.9% | +2.5% |
TREZX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 6.38%
- 3-year Sharpe ratio: 1.19 (vs 4.5% risk-free rate)
- Best month: +5.60% (Nov 2023)
- Worst month: −3.16% (Mar 2026)
TREZX Fund Flows
Monthly money in and out of T. Rowe Price Emerging Markets Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $1.0B
- 12-month gross sales (incl. reinvestments): $2.0B
- Sales ÷ redemptions: 2.09×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $118.2M | $68.1M | $50.1M |
| May 2026 | $343.3M | $78.7M | $264.6M |
| Apr 2026 | $129.0M | $84.9M | $44.1M |
| Mar 2026 | $336.3M | $89.1M | $247.1M |
| Feb 2026 | $116.6M | $49.9M | $66.7M |
| Jan 2026 | $382.9M | $97.8M | $285.1M |
| Dec 2025 | $102.7M | $102.0M | $638K |
| Nov 2025 | $82.4M | $69.0M | $13.4M |
| Oct 2025 | $91.2M | $71.4M | $19.9M |
| Sep 2025 | $89.6M | $75.8M | $13.8M |
| Aug 2025 | $121.8M | $76.3M | $45.6M |
| Jul 2025 | $67.4M | $83.9M | −$16.4M |
TREZX Assets Under Management
Net assets of T. Rowe Price Emerging Markets Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $6.25B |
| 2026-03-31 | $5.70B |
| 2025-12-31 | $5.21B |
| 2025-09-30 | $5.07B |
| 2025-06-30 | $4.86B |
| 2025-03-31 | $4.96B |
| 2024-12-31 | $4.92B |
| 2024-09-30 | $4.63B |
| 2024-06-30 | $4.06B |
| 2024-03-31 | $4.06B |
| 2023-12-31 | $4.11B |
| 2023-09-30 | $3.82B |
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.