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.
T. Rowe Price International Discovery PRIDX
NAV / 1-Day Return
98.60
/
1.23
%
Total Assets
10.8 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.190%
Expense Ratio
1.190%
Fee Level
Below Average
Longest Manager Tenure
1.19
years
Category
Foreign Small/Mid Growth
Investment Style
Mid GrowthMin. Initial Investment
2,500
Status
Limited
TTM Yield
0.07%
Turnover
27%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PRIDX 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 PRIDX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PRIDX 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 PRIDX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Still a superior source of exposure to foreign smaller-cap stocks.
