Skip to Content
Morningstar

T. Rowe Price Latin America I RLAIX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 21.56  /  1.03 %
  • Total Assets 434.7 Mil
  • Adj. Expense Ratio
    1.090%
  • Expense Ratio 1.090%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Latin America Stock
  • Investment Style Large Blend
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 3.16%
  • Turnover 32%

USD | NAV as of Nov 30, 2023 | 1-Day Return as of Nov 30, 2023, 11:22 PM GMT+0

Morningstar’s Analysis RLAIX

Will RLAIX 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 RLAIX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the RLAIX 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 RLAIX’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

Unlock our full analysis with Morningstar Investor

Portfolio Holdings RLAIX

More RLAIX Holdings
  • Current Portfolio Date
  • Equity Holdings 49
  • Bond Holdings 0
  • Other Holdings 3
  • % Assets in Top 10 Holdings 47.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Itau Unibanco Holding SA Participating Preferred

8.04
32,483,159
Financial Services

Wal - Mart de Mexico SAB de CV

6.11
24,653,785
Consumer Defensive

Grupo Financiero Banorte SAB de CV Class O

5.19
20,966,332
Financial Services

B3 SA - Brasil Bolsa Balcao

4.95
19,994,201
Financial Services

Bank Bradesco SA Participating Preferred

4.37
17,666,198
Financial Services

Grupo Mexico SAB de CV

4.09
16,532,440
Basic Materials

Fomento Economico Mexicano SAB de CV ADR

3.91
15,772,175
Consumer Defensive

MercadoLibre Inc

3.74
15,104,254
Consumer Cyclical

Raia Drogasil SA

3.68
14,875,366
Healthcare

Localiza Rent A Car SA

3.28
13,230,135
Industrials