Morningstar

T. Rowe Price Latin America Fund I Class RLAIX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 24.29  /  −0.78 %
  • Total Assets 435.6M
  • Adj. Expense Ratio
    1.080%
  • Expense Ratio 1.080%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Focused Region
  • Investment Style Large Blend
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 3.38%
  • Turnover 34%

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 12:59 AM GMT+0

Morningstar’s Analysis RLAIX

Will RLAIX outperform in the 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.

Leadership change tempers team view, but process strength remains.

Senior Analyst Kongkon Gogoi

Kongkon Gogoi

Senior Analyst

Summary

T. Rowe Price Latin America remains a solid strategy, though the retirement of longtime manager Verena Wachnitz has reduced our conviction in the team supporting it. The strategy, which includes a separately managed account as well as a mutual fund, still stands out in a relatively limited opportunity set, but the change in leadership makes the team less proven than before.

by Kongkon Gogoi
Rated on Published on

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Portfolio Holdings RLAIX

More RLAIX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 51.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
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