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Morningstar

T. Rowe Price Latin America PRLAX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 19.82  /  0.25 %
  • Total Assets 403.9 Mil
  • Adj. Expense Ratio
    1.460%
  • Expense Ratio 1.460%
  • Distribution Fee Level High
  • Share Class Type No Load
  • Category Latin America Stock
  • Investment Style Large Blend
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.69%
  • Turnover 32%

USD | NAV as of Sep 29, 2023 | 1-Day Return as of Sep 29, 2023, 10:17 PM GMT+0

Morningstar’s Analysis PRLAX

Will PRLAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRLAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PRLAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of PRLAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An appealing source of Latin America exposure for the long run.

Senior Analyst William Samuel Rocco

William Samuel Rocco

Senior Analyst

Summary

T. Rowe Price Latin America’s personnel and other strengths remain intact. The Morningstar Analyst Rating for its institutional share class is raised to Gold from Silver—owing to changes in the competitive landscape in its Morningstar Category—while its no-load share class remains at Silver.

by William Samuel Rocco
Rated on Published on

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Portfolio Holdings PRLAX

More PRLAX Holdings
  • Current Portfolio Date
  • Equity Holdings 52
  • Bond Holdings 0
  • Other Holdings 3
  • % Assets in Top 10 Holdings 47.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Itau Unibanco Holding SA Participating Preferred

8.05
34,953,459
Financial Services

Wal - Mart de Mexico SAB de CV

5.82
25,244,589
Consumer Defensive

B3 SA - Brasil Bolsa Balcao

5.36
23,269,023
Financial Services

Bank Bradesco SA Participating Preferred

4.95
21,499,878
Financial Services

Grupo Financiero Banorte SAB de CV Class O

4.65
20,177,950
Financial Services

Raia Drogasil SA

4.06
17,600,952
Healthcare

Grupo Mexico SAB de CV

3.88
16,822,116
Basic Materials

Fomento Economico Mexicano SAB de CV ADR

3.69
16,016,380
Consumer Defensive

Ambev SA ADR

3.66
15,885,754
Consumer Defensive

Localiza Rent A Car SA

3.39
14,727,481
Industrials