Skip to Content

T. Rowe Price Overseas Stock TROSX

Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 13.04  /  +0.62 %
  • Total Assets 24.6 Bil
  • Adj. Expense Ratio
    0.780%
  • Expense Ratio 0.780%
  • Distribution Fee Level Below Average
  • Share Class Type No Load
  • Category Foreign Large Blend
  • Investment Style Large Blend
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.25%
  • Turnover 7%

USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:23 PM GMT+0

Morningstar’s Analysis TROSX

Will TROSX outperform in future?

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

T. Rowe Price Overseas Stock Is Under Review Because of an Upcoming Manager Transition

null William Samuel Rocco

William Samuel Rocco

Analyst Note

T. Rowe Price recently announced that Ray Mills will give up his lead manager position on T. Rowe Price Overseas Stock and retire from the firm at the end of 2024. Elias Chrysostomou will replace Mills as the lead manager on this strategy at that time. The manager transition should be quite smooth. Chrysostomou has been contributing to this strategy as a financial-services analyst since he joined T. Rowe Price in 2019. He became an associate manager on this strategy in October 2023, and he will be promoted to comanager on April 1. Therefore, he will have ample knowledge of the strategy's process and portfolio by the time he takes over as the sole skipper on Jan. 1, 2025. Meanwhile, Chrysostomou is a seasoned investment professional. He previously worked at UBS Asset Management and Lazard Asset Management, and he has spent 22 years in the investment field overall. Most of his experience has been as an international financials analyst. But he served as a comanager on a global financials fund for roughly two years while he was at UBS, and he served as a comanager on an international financials paper portfolio for roughly one year at T. Rowe Price. And he will benefit from a sizable and strong support team when he is running the strategy on his own just as he and Mills do now. All that provides some grounds for optimism, but Mills has been at the helm as manager of the mutual fund and SMA versions of this strategy since they opened in late 2006 and early 2000, respectively, and he has delivered strong results over time. Thus, his departure at the end of 2024 is significant, and this strategy's Morningstar Analyst Rating has been placed under review.

Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings TROSX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 17.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Nestle SA

2.67 634.4 Mil
Consumer Defensive

Siemens AG

2.55 604.0 Mil
Industrials

Taiwan Semiconductor Manufacturing Co Ltd

1.83 434.1 Mil
Technology

ASML Holding NV

1.79 425.0 Mil
Technology

Unilever PLC

1.64 390.3 Mil
Consumer Defensive

TotalEnergies SE

1.56 371.1 Mil
Energy

Munchener Ruckversicherungs-Gesellschaft AG

1.49 354.0 Mil
Financial Services

AXA SA

1.43 339.5 Mil
Financial Services

Sanofi SA

1.43 339.2 Mil
Healthcare

Roche Holding AG

1.42 337.5 Mil
Healthcare