Baltimore, October 1st ( PR Newswire ) – T. Rowe Price, a global investment management firm and a leading institution in the field of retirement investments, announced today the addition of T. Rowe Price Dynamic Emerging Markets Bond ETF (code: TDEM). The firm stated that this new actively managed fixed-income ETF is aimed at helping investors seize opportunities across the entire emerging markets bond sector, and it has begun trading on NASDAQ today.
T. Rowe Price Dynamic Emerging Markets Bond ETF adopts an active management approach, with the goal of providing stable returns over a long period of time. By allocating to sovereign bonds, corporate bonds, and local currency bonds from emerging markets, it seeks to achieve both income generation and capital appreciation. The company states that this fund leverages the forward-looking methods of T. Rowe Price's emerging markets team, in-depth fundamental research, and cross-departmental collaboration to support proactive, top-down asset allocation decisions. The fee rate for TDEM is 0.45%.
TDEM is managed by a team of experienced investors:
- Leonard Kwan, CFA ® – Portfolio Manager for the Dynamic Emerging Markets Bond strategy, and also Co-Portfolio Manager for the Asia Credit Bond strategy. With 29 years of investment experience, 12 of which were spent at T. Rowe Price.
- Samy Muaddi, CFA ® – Head of Fixed Income for Emerging Markets; Portfolio Manager for the Emerging Markets Bond strategy, as well as Co-Portfolio Manager for the Global High Income strategy, with 20 years of investment experience at T. Rowe Price.
- Richard Hall —— Emerging Markets Bond is a portfolio manager with 19 years of investment experience, of which 14 years were spent at T. Rowe Price.
With this launch, the company will have introduced 9 actively managed ETF products to the market by 2026. Currently, the total number of its actively managed ETF products has reached 39, covering fixed income, equity, multi-asset, digital assets, and thematic strategies. The company states that these ETF products are supported by the rigorous fundamental research capabilities of T. Rowe Price investment analysts and portfolio managers, who strive to bring better investment results to clients by asking better questions.
Quotation:
Leonard Kwan, Dynamic Emerging Markets Bond ETF Portfolio Managers:
The complexity of investing in emerging markets requires active management to address the divergences in growth, inflation, and currency trends. With over 30 years of experience in emerging markets, TDEM offers an innovative approach aimed at delivering higher returns and dynamically capturing opportunities in relative value. It reflects our commitment to providing investors with differentiated, high-confidence, actively managed fixed-income investment channels.
Tim Coyne, Global ETF Supervisor:
"T. Rowe Price Dynamic Emerging Markets Bond ETF provides investors with an actively managed, flexible fixed-income strategy designed to address the breadth and complexity of emerging market debt. In our view, this asset class requires active management based on in-depth fundamental research. TDEM offers a yield-oriented allocation tool that can help investors diversify their portfolios."
Regarding T. Rowe Price
T. Rowe Price (Nasdaq GS ticker: TROW) is a leading global asset management company that, as of August 31, 2026, managed $1.90 trillion in client assets, of which approximately two-thirds were related to retirement. The company is renowned for its nearly 90 years of investment excellence, its leadership in the retirement sector, and its independent proprietary research. It leverages this long-accumulated experience to ask better questions and thereby drive better investment decisions. T. Rowe Price is built on a culture of integrity and putting customer interests first, helping millions of investors around the world achieve growth in a constantly changing market.
Please visit troweprice.com / newsroom to obtain news and public policy comments.
Before making an investment, please carefully consider your investment objectives, risks, as well as costs and expenses. For the prospectus that contains this and other information, or if there is an available summary prospectus, please visit troweprice.com. Please read it carefully.
ETF is traded at market prices, rather than at net asset value (NAV). Investors usually have to bear the cost of the price difference between buying and selling. There may be brokerage commissions associated with buying and selling shares, which can reduce returns.











