T. Rowe Price Global Industrials Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-0.6%
1 yr return
12.6%
3 Yr Avg Return
0.9%
5 Yr Avg Return
10.5%
Net Assets
$207 M
Holdings in Top 10
38.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.90%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 39.70%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/17/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TRGAX - Profile
Distributions
- YTD Total Return -0.6%
- 3 Yr Annualized Total Return 0.9%
- 5 Yr Annualized Total Return 10.5%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.49%
- Dividend Yield 0.6%
- Dividend Distribution Frequency None
Fund Details
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Legal NameT. Rowe Price Global Industrials Fund
-
Fund Family NameTROWEPRICE
-
Inception DateMay 03, 2017
-
Shares OutstandingN/A
-
Share ClassI
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CurrencyUSD
-
Domiciled CountryUS
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ManagerJason Adams
Fund Description
The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in securities issued by companies in the industrials sector. Under normal conditions, the fund will invest at least 40% of its net assets (unless foreign market conditions are not deemed favorable by the investment adviser, in which case the fund would invest at least 30% of its net assets) in securities issued by companies organized or located outside the U.S. or doing a substantial amount of business outside the U.S. The fund normally invests in at least five different countries, some of which may be located in emerging markets.
Stock selection is based on intensive fundamental research that assesses industry trends and companies’ long-term prospects. The fund may purchase securities issued by companies of any size but generally seeks companies the portfolio manager believes are growing market share, benefitting from high barriers to entry, pursuing continuous operational improvement, and allocating capital well. The portfolio manager may consider, among other factors, a company’s growth potential, valuation, cash flows and overall financial condition, strength of processes, and competitive position in its industry. The fund may purchase value stocks that possess the ability to improve margins and growth rates or have some other company-specific catalyst expected to unlock value. The fund may also seek reasonably priced growth stocks with strong competitive positions and above-market earnings growth in attractive industries. The fund invests in a wide variety of industries within the industrials sector, which include, but are not limited to:
·aerospace and defense;
·building products and equipment;
·automobiles and automobile components;
·machinery;
·construction and engineering;
·electrical components and equipment;
·industrial technology;
·business services;
·transportation; and
·manufacturing and industrial conglomerates
TRGAX - Performance
Return Ranking - Trailing
Period | TRGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.6% | -19.0% | 11.8% | 70.27% |
1 Yr | 12.6% | -30.2% | 45.7% | 70.27% |
3 Yr | 0.9%* | -18.8% | 14.6% | 72.97% |
5 Yr | 10.5%* | -8.7% | 19.0% | 40.54% |
10 Yr | N/A* | 5.1% | 12.9% | N/A |
* Annualized
Return Ranking - Calendar
Period | TRGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 28.5% | -8.7% | 54.7% | 13.51% |
2022 | -23.3% | -42.9% | 8.8% | 67.57% |
2021 | 12.6% | -9.5% | 32.9% | 56.76% |
2020 | 27.6% | -14.7% | 70.9% | 21.62% |
2019 | 27.6% | 13.2% | 39.8% | 48.57% |
Total Return Ranking - Trailing
Period | TRGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -0.6% | -19.0% | 11.8% | 70.27% |
1 Yr | 12.6% | -30.2% | 45.7% | 70.27% |
3 Yr | 0.9%* | -18.8% | 14.6% | 72.97% |
5 Yr | 10.5%* | -8.7% | 19.0% | 40.54% |
10 Yr | N/A* | 5.1% | 12.9% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | TRGAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 29.2% | -7.8% | 55.3% | 13.51% |
2022 | -21.4% | -39.2% | 10.0% | 62.16% |
2021 | 15.1% | 2.3% | 33.7% | 81.08% |
2020 | 30.4% | -13.6% | 71.2% | 21.62% |
2019 | 31.3% | 14.8% | 40.9% | 31.43% |
NAV & Total Return History
TRGAX - Holdings
Concentration Analysis
TRGAX | Category Low | Category High | TRGAX % Rank | |
---|---|---|---|---|
Net Assets | 207 M | 12 M | 18.3 B | 67.57% |
Number of Holdings | 87 | 24 | 388 | 24.32% |
Net Assets in Top 10 | 80.1 M | 7.5 M | 5.64 B | 67.57% |
Weighting of Top 10 | 38.74% | 13.4% | 77.9% | 75.68% |
Top 10 Holdings
- TESLA INC 5.78%
- T ROWE PRICE GOVERNMENT RESERVE INVESTMENT FUND - Collateral 5.68%
- AIRBUS SE 4.42%
- BOEING CO/THE 4.39%
- SIEMENS AG 4.21%
- GENERAL ELECTRIC CO 3.94%
- HONEYWELL INTERNATIONAL INC 3.11%
- CSX CORP 2.81%
- INGERSOLL RAND INC 2.23%
- CANADIAN PACIFIC KANSAS CITY LTD 2.18%
Asset Allocation
Weighting | Return Low | Return High | TRGAX % Rank | |
---|---|---|---|---|
Stocks | 96.45% | 85.36% | 100.04% | 94.59% |
Cash | 7.54% | 0.14% | 14.51% | 16.22% |
Preferred Stocks | 1.33% | 0.00% | 9.47% | 10.81% |
Other | 0.00% | 0.00% | 0.44% | 45.95% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 27.03% |
Bonds | 0.00% | 0.00% | 0.00% | 27.03% |
Stock Sector Breakdown
Weighting | Return Low | Return High | TRGAX % Rank | |
---|---|---|---|---|
Industrials | 72.88% | 9.02% | 99.28% | 64.86% |
Consumer Cyclical | 16.39% | 0.00% | 60.78% | 27.03% |
Technology | 7.54% | 0.00% | 38.28% | 43.24% |
Basic Materials | 2.94% | 0.00% | 16.73% | 29.73% |
Communication Services | 0.25% | 0.00% | 35.43% | 24.32% |
Utilities | 0.00% | 0.00% | 12.67% | 40.54% |
Real Estate | 0.00% | 0.00% | 7.67% | 37.84% |
Healthcare | 0.00% | 0.00% | 7.75% | 43.24% |
Financial Services | 0.00% | 0.00% | 19.45% | 43.24% |
Energy | 0.00% | 0.00% | 3.53% | 48.65% |
Consumer Defense | 0.00% | 0.00% | 3.96% | 37.84% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TRGAX % Rank | |
---|---|---|---|---|
US | 52.91% | 22.35% | 100.04% | 94.59% |
Non US | 43.54% | 0.00% | 63.01% | 13.51% |
TRGAX - Expenses
Operational Fees
TRGAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.90% | 0.08% | 2.39% | 24.32% |
Management Fee | 0.69% | 0.03% | 0.85% | 70.27% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.15% | 0.25% | N/A |
Sales Fees
TRGAX 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% | 1.00% | N/A |
Trading Fees
TRGAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | 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.
TRGAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 39.70% | 2.00% | 205.00% | 42.86% |
TRGAX - Distributions
Dividend Yield Analysis
TRGAX | Category Low | Category High | TRGAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.57% | 0.00% | 7.90% | 70.27% |
Dividend Distribution Analysis
TRGAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Quarterly | Quarterly |
Net Income Ratio Analysis
TRGAX | Category Low | Category High | TRGAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.49% | -1.16% | 1.35% | 51.35% |
Capital Gain Distribution Analysis
TRGAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 19, 2023 | $0.108 | OrdinaryDividend |
Dec 19, 2022 | $0.385 | OrdinaryDividend |
Dec 18, 2018 | $0.070 | OrdinaryDividend |