T. Rowe Price International Value Equity Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.1%
1 yr return
15.5%
3 Yr Avg Return
6.5%
5 Yr Avg Return
N/A
Net Assets
$10.9 B
Holdings in Top 10
18.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.66%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 21.70%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/01/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TROZX - Profile
Distributions
- YTD Total Return 5.1%
- 3 Yr Annualized Total Return 6.5%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.15%
- Dividend Yield 3.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameT. Rowe Price International Value Equity Fund
-
Fund Family NameTROWEPRICE
-
Inception DateMar 16, 2020
-
Shares OutstandingN/A
-
Share ClassZ
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerColin McQueen
Fund Description
The fund expects to primarily invest outside the U.S. and to diversify broadly, primarily among the world’s developed countries. The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in equity securities and invests at least 65% of its total assets in non-U.S. stocks, with an emphasis on large-cap stocks that have a strong track record of paying dividends or that are believed to be undervalued. Investments in emerging markets will be modest and focused on more mature developing countries. For purposes of determining whether the fund invests at least 65% of its total assets in non-U.S. stocks, the fund relies on the country assigned to a security by MSCI Inc., a third-party provider of benchmark indexes and data services, or another unaffiliated data provider.
The fund takes a value-oriented approach to investing by searching for attractively valued companies with the potential for improving earnings over time. Country and sector allocations are driven primarily by security selection and secondarily by an assessment of top-down, fundamental prospects. The fund relies on a global research team to identify companies that appear to be undervalued by various measures and may be temporarily out of favor but have good prospects for capital appreciation or dividend growth.
In selecting investments, the adviser generally favors companies with one or more of the following characteristics:
·low valuation on various earnings, book value, sales, and cash flow metrics, in absolute terms and/or relative to the company’s peers or its own historical norm;
·low valuation relative to a company’s growth potential;
·companies that may benefit from restructuring activity or other turnaround opportunities;
·a sound balance sheet and other positive financial characteristics; and
·above-average dividend yield and/or the potential to grow dividends.
The fund will typically have significant investments in developed European countries.
At times, the fund may have a significant portion of its assets invested in the same economic sector.
TROZX - Performance
Return Ranking - Trailing
Period | TROZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.1% | -3.2% | 8.9% | 27.69% |
1 Yr | 15.5% | -5.4% | 22.8% | 18.15% |
3 Yr | 6.5%* | -5.0% | 75.2% | 17.25% |
5 Yr | N/A* | -0.3% | 45.1% | 57.05% |
10 Yr | N/A* | -0.9% | 21.4% | 58.00% |
* Annualized
Return Ranking - Calendar
Period | TROZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 16.0% | 1.0% | 26.9% | 20.68% |
2022 | -11.2% | -27.8% | 166.1% | 32.08% |
2021 | 9.9% | -66.6% | 64.4% | 27.48% |
2020 | N/A | -23.1% | 17.3% | N/A |
2019 | N/A | 4.4% | 31.6% | N/A |
Total Return Ranking - Trailing
Period | TROZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.1% | -3.2% | 8.9% | 27.69% |
1 Yr | 15.5% | -5.4% | 22.8% | 18.15% |
3 Yr | 6.5%* | -5.0% | 75.2% | 17.25% |
5 Yr | N/A* | -0.3% | 45.1% | 52.06% |
10 Yr | N/A* | -0.9% | 21.4% | 55.60% |
* Annualized
Total Return Ranking - Calendar
Period | TROZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.2% | 5.4% | 31.0% | 17.28% |
2022 | -7.6% | -19.9% | 344.3% | 33.02% |
2021 | 13.7% | -0.2% | 75.3% | 29.39% |
2020 | N/A | -20.4% | 18.9% | N/A |
2019 | N/A | 11.2% | 32.1% | N/A |
NAV & Total Return History
TROZX - Holdings
Concentration Analysis
TROZX | Category Low | Category High | TROZX % Rank | |
---|---|---|---|---|
Net Assets | 10.9 B | 2.04 M | 46.7 B | 3.67% |
Number of Holdings | 142 | 2 | 3900 | 33.64% |
Net Assets in Top 10 | 1.98 B | 485 K | 14 B | 4.28% |
Weighting of Top 10 | 18.78% | 0.2% | 100.0% | 74.54% |
Top 10 Holdings
- ASTRAZENECA PLC 2.55%
- TOTALENERGIES SE 2.38%
- ING GROEP NV 2.00%
- TOYOTA MOTOR CORP 1.84%
- ROCHE HOLDING AG 1.78%
- AXA SA 1.74%
- SANOFI SA 1.73%
- ROLLS-ROYCE HOLDINGS PLC 1.65%
- HITACHI LTD 1.61%
- UNILEVER PLC 1.51%
Asset Allocation
Weighting | Return Low | Return High | TROZX % Rank | |
---|---|---|---|---|
Stocks | 97.63% | 0.99% | 104.96% | 46.79% |
Cash | 1.75% | 0.00% | 99.01% | 50.76% |
Preferred Stocks | 0.62% | 0.00% | 4.99% | 35.47% |
Other | 0.00% | -1.99% | 38.17% | 66.97% |
Convertible Bonds | 0.00% | 0.00% | 0.15% | 44.65% |
Bonds | 0.00% | 0.00% | 73.30% | 47.40% |
Stock Sector Breakdown
Weighting | Return Low | Return High | TROZX % Rank | |
---|---|---|---|---|
Financial Services | 22.37% | 0.00% | 42.76% | 34.26% |
Healthcare | 15.25% | 0.00% | 23.28% | 13.89% |
Industrials | 14.45% | 1.03% | 36.79% | 41.36% |
Consumer Cyclical | 10.01% | 0.00% | 27.46% | 44.75% |
Basic Materials | 8.29% | 0.00% | 30.76% | 54.63% |
Communication Services | 7.05% | 0.00% | 22.75% | 47.53% |
Technology | 6.65% | 0.00% | 24.16% | 50.00% |
Energy | 5.55% | 0.00% | 26.59% | 63.27% |
Consumer Defense | 4.20% | 0.00% | 31.84% | 82.41% |
Utilities | 3.58% | 0.00% | 27.46% | 39.51% |
Real Estate | 2.60% | 0.00% | 17.06% | 30.86% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TROZX % Rank | |
---|---|---|---|---|
Non US | 90.37% | 0.00% | 100.56% | 60.86% |
US | 7.26% | 0.00% | 99.97% | 33.03% |
TROZX - Expenses
Operational Fees
TROZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.66% | 0.01% | 7.03% | 83.18% |
Management Fee | 0.64% | 0.00% | 1.25% | 34.66% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.47% | N/A |
Sales Fees
TROZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
TROZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
TROZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 21.70% | 2.00% | 158.16% | 14.39% |
TROZX - Distributions
Dividend Yield Analysis
TROZX | Category Low | Category High | TROZX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.37% | 0.00% | 13.48% | 46.32% |
Dividend Distribution Analysis
TROZX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Quarterly | SemiAnnual |
Net Income Ratio Analysis
TROZX | Category Low | Category High | TROZX % Rank | |
---|---|---|---|---|
Net Income Ratio | 3.15% | 0.18% | 7.85% | 18.61% |
Capital Gain Distribution Analysis
TROZX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 15, 2023 | $0.574 | OrdinaryDividend |
Dec 15, 2022 | $0.574 | OrdinaryDividend |
Dec 17, 2020 | $0.340 | OrdinaryDividend |
TROZX - Fund Manager Analysis
Managers
Colin McQueen
Start Date
Tenure
Tenure Rank
Jul 01, 2019
2.92
2.9%
Colin McQueen is a portfolio manager in the Equity Division at T. Rowe Price, managing the International Value Equity Strategy. Mr. McQueen earned a B.Sc. in Economics from the University of Warwick and an M. Phil. in Economics from the University of Cambridge.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.2 | 29.68 | 7.66 | 0.54 |