PRESX: T. Rowe Price European Stock

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PRESX T. Rowe Price European Stock

  • Fund
  • PRESX
  • Price as of: Dec 10, 2019
  • $21.59
    + $0.01 + 0.05%

Profile

PRESX - Profile

Vitals

  • YTD Return 22.7%
  • 3 Yr Annualized Return 8.0%
  • 5 Yr Annualized Return 1.2%
  • Net Assets $986 M
  • Holdings in Top 10 29.9%

52 WEEK LOW AND HIGH

$21.59
$17.19
$21.65

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.97%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 32.20%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Europe Stock

Distributions

  • YTD Total Return 22.7%
  • 3 Yr Annualized Total Return 8.0%
  • 5 Yr Annualized Total Return 1.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.09%
DIVIDENDS
  • Dividend Yield 2.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    T. Rowe Price European Stock Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Feb 28, 1990
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Dean Tenerelli

Fund Description

The T. Rowe Price European Stock Fund (PRESX) is a low-cost, actively managed fund that aims to increase invested capital. PRESX invests in both small- and large-cap stocks domiciled in developed Europe. At least five countries are represented in the portfolio. There are no market-cap or sector requirements. The fund uses various economic and fundamental analyses to find those stocks and nations with catalysts for growth.

PRESX makes an ideal core choice for investors looking to expand their portfolios into international stocks. The fund is managed by T. Rowe Price.


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Categories

Fund Company Quick Screens

PRESX - Fund Company Quick Screens


Performance

PRESX - Performance

Return Ranking - Trailing

Period PRESX Return Category Return Low Category Return High Rank in Category (%)
YTD 22.7% 0.0% 40.5% 27.85%
1 Yr 18.4% -14.3% 39.3% 15.19%
3 Yr 8.0%* -7.0% 16.4% 37.50%
5 Yr 1.2%* -5.1% 8.9% 59.68%
10 Yr 4.2%* -1.5% 6.9% 44.44%

* Annualized

Return Ranking - Calendar

Period PRESX Return Category Return Low Category Return High Rank in Category (%)
2018 -15.0% -39.7% 0.0% 16.00%
2017 23.1% 0.0% 36.7% 60.32%
2016 -13.1% -13.1% 6.4% 100.00%
2015 -2.5% -19.7% 9.3% 63.93%
2014 -7.5% -17.1% -4.4% 18.37%

Total Return Ranking - Trailing

Period PRESX Return Category Return Low Category Return High Rank in Category (%)
YTD 22.7% 0.0% 40.5% 27.85%
1 Yr 18.4% -14.3% 39.3% 26.58%
3 Yr 8.0%* -7.0% 17.1% 29.69%
5 Yr 1.2%* -5.1% 9.9% 67.74%
10 Yr 4.2%* -1.5% 8.1% 48.89%

* Annualized

Total Return Ranking - Calendar

Period PRESX Return Category Return Low Category Return High Rank in Category (%)
2018 -15.0% -39.7% 0.0% 16.00%
2017 23.1% 0.0% 38.4% 63.49%
2016 -13.1% -13.1% 8.9% 100.00%
2015 -2.5% -19.7% 11.5% 73.77%
2014 -7.5% -16.0% -4.0% 40.82%

NAV & Total Return History


Holdings

PRESX - Holdings

Concentration Analysis

PRESX Category Low Category High PRESX % Rank
Net Assets 986 M 4.32 M 19.7 B 21.52%
Number of Holdings 62 28 1330 45.57%
Net Assets in Top 10 280 M -20.4 M 2.98 B 21.52%
Weighting of Top 10 29.88% 7.0% 63.0% 78.48%

Top 10 Holdings

  1. Nestle SA 4.33%
  2. Roche Holding AG Dividend Right Cert. 3.94%
  3. Zurich Insurance Group AG 3.51%
  4. Cellnex Telecom SA 3.08%
  5. Novartis AG 3.03%
  6. Air Liquide SA 2.65%
  7. Total SA 2.51%
  8. Essilorluxottica 2.42%
  9. Eni SpA 2.21%
  10. Schneider Electric SE 2.20%

Asset Allocation

Weighting Return Low Return High PRESX % Rank
Stocks
96.06% 90.11% 133.44% 75.95%
Cash
3.94% -12.38% 7.23% 24.05%
Preferred Stocks
0.00% 0.00% 0.01% 40.51%
Other
0.00% 0.00% 3.95% 50.63%
Convertible Bonds
0.00% 0.00% 0.00% 32.91%
Bonds
0.00% -35.32% 0.12% 34.18%

Stock Sector Breakdown

Weighting Return Low Return High PRESX % Rank
Healthcare
17.73% 2.83% 27.72% 15.19%
Financial Services
13.72% 0.00% 23.15% 64.56%
Industrials
11.93% 1.69% 35.34% 88.61%
Basic Materials
8.61% 0.66% 18.73% 30.38%
Utilities
8.46% 0.00% 10.28% 2.53%
Consumer Cyclical
8.04% 0.00% 19.12% 65.82%
Consumer Defense
7.83% 1.42% 25.30% 70.89%
Energy
7.47% 0.00% 20.14% 18.99%
Technology
6.75% 2.66% 19.20% 70.89%
Communication Services
3.08% 0.00% 11.19% 48.10%
Real Estate
2.45% 0.00% 7.21% 35.44%

Stock Geographic Breakdown

Weighting Return Low Return High PRESX % Rank
Non US
94.20% 81.25% 133.45% 74.68%
US
1.86% -0.01% 14.57% 43.04%

Expenses

PRESX - Expenses

Operational Fees

PRESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.97% 0.07% 8.50% 82.28%
Management Fee 0.79% 0.06% 1.46% 40.51%
12b-1 Fee 0.00% 0.00% 1.00% 12.24%
Administrative Fee 0.15% 0.01% 0.25% 85.37%

Sales Fees

PRESX 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

PRESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 1.00% 2.00% 22.22%

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.

PRESX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 32.20% 6.00% 1311.00% 32.91%

Distributions

PRESX - Distributions

Dividend Yield Analysis

PRESX Category Low Category High PRESX % Rank
Dividend Yield 2.18% 0.00% 7.00% 24.05%

Dividend Distribution Analysis

PRESX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

PRESX Category Low Category High PRESX % Rank
Net Income Ratio 2.09% -0.21% 4.19% 16.46%

Capital Gain Distribution Analysis

PRESX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

PRESX - Fund Manager Analysis

Managers

Dean Tenerelli


Start Date

Tenure

Tenure Rank

Oct 10, 2005

14.15

14.2%

Mr. Tenerelli has been chairman of the committee since 2008.Dean Tenerelli is portfolio manager in the Equity Division at T. Rowe Price. He manages the Europe Equity Core Strategy, a position he has held since October 2005, and is chairman of its Investment Advisory Committee. He is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International, Inc. He joined the firm in 2000 as an equity research analyst and was appointed co-manager of the firm's Global Equity Strategy and International Stock Fund in 2004. Prior to joining T. Rowe Price, Mr. Tenerelli served as a director for Credit Suisse Asset Management, where he was a senior telecommunications analyst. Prior to Credit Suisse Asset Management, Mr. Tenerelli worked as assistant portfolio manager at Artisan Partners (1995–2000). He began his investment career in 1993 at Banesto Bolsa in Madrid as an equity analyst following Spanish equities. Mr. Tenerelli later became an international equity analyst, focused on Europe, for Waddell and Reed in Kansas City, MO. In 1995, he moved to Artisan Partners as an assistant portfolio manager. A graduate of Rutgers University with a B.A. in economics, Mr. Tenerelli earned an M.B.A. from Escuela Superior de Administracion y Direccion de Empresa and an M.A. in international management from American Graduate School of International Management (Thunderbird).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 22.09 8.71 12.92