What is the performance of the T Rowe Price international stock fund?
The fund has returned 4.50 percent over the past year, 11.27 percent over the past three years, 10.19 percent over the past five years and 7.77 percent over the past decade. T. Rowe Price International Stock Fund has an expense ratio of 0.79 percent.
What industry classification does T Rowe Price use?
T. Rowe Price uses the current MSCI/S&P Global Industry Classification Standard (GICS) for sector and industry reporting. T. Rowe Price will adhere to all future updates to GICS.
What happened to Bob Smith of T Rowe Price?
Bob Smith retired on March 31, 2015, after managing the fund since 2007. Co-manager Clattenburg, who was promoted to lead manager, joined T. Rowe Price in 2005.
What is international stock fund?
International Stock Fund Invests in companies capable of achieving and sustaining above-average, long-term earnings growth. Favors companies with leading market position, technological leadership or proprietary advantage, and seasoned management.
About PRITX
A new manager, Richard Clattenburg, took the helm of the T. Rowe Price International Stock Fund as of the second quarter of 2015, upon the retirement of longtime manager Bob Smith. Clattenburg had been associate manager of the fund, working with Smith since 2010, so there is some continuity.
Rankings
U.S. News evaluated 440 Foreign Large Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Investment Strategy
The fund seeks long-term capital growth by investing primarily in well-established foreign companies with proven performance records. Because there is no mandate to focus on a particular region, managers have latitude to smooth volatility by avoiding potentially troubled regions or countries.
Management
Bob Smith retired on March 31, 2015, after managing the fund since 2007. Co-manager Clattenburg, who was promoted to lead manager, joined T.
Performance
The fund has returned 1.49 percent over the past year, 14.16 percent over the past three years, 10.41 percent over the past five years and 8.40 percent over the past decade.
Fees
T. Rowe Price International Stock Fund has an expense ratio of 0.77 percent.
Risk
In addition to the risk inherent in all equity investing, this fund has risks particular to non-U.S. stocks. With emerging-market stocks, specifically, there is risk of political uncertainty, unfavorable currency exchange rates or market illiquidity.
When did Clattenburg start investing?
Clattenburg has stuck with the process that has been in place since he began working on the fund in 2007. He takes a moderate approach to growth investing and pays more attention to valuations than most foreign large-growth managers, so the fund normally has more exposure to value and core stocks--and less exposure to growth equities--than most of his peers and the MSCI ACWI ex USA Growth Index. He also avoids sizable country and sector bets and pays ample attention to issue diversification.
Will PRITX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Will PRIDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Still a superior source of exposure to foreign smaller-cap stocks
T. Rowe Price International Discovery’s longtime skipper relinquished his management role at the end of 2020 as expected, but this strategy still enjoys significant personnel and process advantages over its rivals, and both of its share classes retain their Morningstar Analyst Ratings of Silver. The strategy remains closed to most new investors.
About TIDDX
The investment seeks long-term growth of capital through investments primarily in the common stocks of rapidly growing, small- to medium-sized companies outside the U.S. The managers expect to primarily invest outside the U.S. and to diversify broadly across a variety of industries in developed and emerging market countries throughout the world.
Rankings
U.S. News evaluated 138 Foreign Small/Mid Growth Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Performance
The fund has returned 7.55 percent over the past year, 23.07 percent over the past three years, 16.48 percent over the past five years, and 14.03 percent over the past decade.
Fees
Fees are Below Average compared to funds in the same category. T. Rowe Price International Discovery Fd has an expense ratio of 1.05 percent.
Risk
Risk is Above Average compared to funds in the same category according to Morningstar.
Investment Policy
The Fund seeks capital appreciation. The Fund invests in large-capitalization, dividend-paying companies outside the US. Style reflects a growth and value orientation.
Notes & Data Providers
Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. International stock quotes are delayed as per exchange requirements. Fundamental company data and analyst estimates provided by FactSet.
