T. Rowe Price Japan
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
4.3%
1 yr return
0.2%
3 Yr Avg Return
-8.9%
5 Yr Avg Return
-5.3%
Net Assets
$510 M
Holdings in Top 10
38.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.96%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 26.90%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PRJPX - Profile
Distributions
- YTD Total Return 4.3%
- 3 Yr Annualized Total Return -8.9%
- 5 Yr Annualized Total Return -5.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.25%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameT. Rowe Price Japan Fund
-
Fund Family NameT. Rowe Price
-
Inception DateDec 30, 1991
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerArchibald Ciganer
Fund Description
The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in companies located (or with primary operations) in Japan. For purposes of determining whether the fund invests at least 80% of its net assets in Japanese companies, the fund relies on the country assigned to a security by MSCI Inc. or another unaffiliated data provider. The fund may purchase the stocks of companies of any size and expects to make its investments across a wide range of Japanese industries and companies. While the adviser invests with an awareness of the outlook for industry sectors within the country, the adviser’s decision-making process focuses on bottom-up stock selection.
Security selection reflects a growth style. The adviser relies on a global team of investment analysts dedicated to in-depth fundamental research in an effort to identify companies capable of achieving and sustaining above-average, long-term earnings growth. The adviser seeks to purchase stocks of companies at reasonable prices in relation to present or anticipated earnings, cash flow, or book value.
In selecting investments for the fund, the adviser generally favors companies with one or more of the following characteristics:
·leading or improving market position;
·attractive business niche;
·attractive or improving franchise or industry position;
·seasoned management;
·stable or improving earnings and/or cash flow; and
·sound or improving balance sheet.
PRJPX - Performance
Return Ranking - Trailing
Period | PRJPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.3% | -27.2% | 12.5% | 89.74% |
1 Yr | 0.2% | -35.7% | 30.0% | 94.74% |
3 Yr | -8.9%* | -7.2% | 20.4% | 90.91% |
5 Yr | -5.3%* | -9.3% | 8.1% | 83.33% |
10 Yr | 2.9%* | -0.2% | 9.3% | 72.73% |
* Annualized
Return Ranking - Calendar
Period | PRJPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -32.0% | -32.8% | 6.0% | 91.67% |
2021 | -8.1% | -8.2% | 8.6% | 97.06% |
2020 | 9.5% | -1.1% | 9.5% | 6.06% |
2019 | 5.6% | 1.9% | 5.6% | 6.25% |
2018 | -3.9% | -5.8% | -1.3% | 66.67% |
Total Return Ranking - Trailing
Period | PRJPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.3% | -27.2% | 12.5% | 89.74% |
1 Yr | 0.2% | -35.7% | 30.0% | 94.74% |
3 Yr | -8.9%* | -7.2% | 20.4% | 90.91% |
5 Yr | -5.3%* | -8.9% | 8.1% | 83.33% |
10 Yr | 2.9%* | -0.2% | 9.3% | 81.82% |
* Annualized
Total Return Ranking - Calendar
Period | PRJPX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -32.0% | -32.8% | 6.0% | 91.67% |
2021 | -8.1% | -8.2% | 8.6% | 97.06% |
2020 | 9.5% | -1.1% | 9.5% | 6.06% |
2019 | 5.6% | 1.9% | 5.6% | 6.25% |
2018 | -3.9% | -5.8% | -1.3% | 66.67% |
NAV & Total Return History
PRJPX - Holdings
Concentration Analysis
PRJPX | Category Low | Category High | PRJPX % Rank | |
---|---|---|---|---|
Net Assets | 510 M | 5.24 M | 9.93 B | 41.03% |
Number of Holdings | 67 | 29 | 1791 | 67.50% |
Net Assets in Top 10 | 267 M | 1.78 M | 2.3 B | 25.00% |
Weighting of Top 10 | 38.59% | 3.5% | 60.4% | 20.00% |
Top 10 Holdings
- SoftBank Group Corp 7.37%
- SoftBank Group Corp 7.37%
- SoftBank Group Corp 7.37%
- SoftBank Group Corp 7.37%
- SoftBank Group Corp 7.37%
- SoftBank Group Corp 7.37%
- SoftBank Group Corp 7.37%
- SoftBank Group Corp 7.37%
- SoftBank Group Corp 7.32%
- SoftBank Group Corp 7.32%
Asset Allocation
Weighting | Return Low | Return High | PRJPX % Rank | |
---|---|---|---|---|
Stocks | 97.80% | 91.78% | 100.00% | 77.50% |
Cash | 2.20% | -0.01% | 8.22% | 25.00% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 22.50% |
Other | 0.00% | 0.00% | 0.05% | 30.00% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 22.50% |
Bonds | 0.00% | 0.00% | 0.06% | 27.50% |
PRJPX - Expenses
Operational Fees
PRJPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.96% | 0.01% | 2.09% | 30.77% |
Management Fee | 0.78% | 0.09% | 0.90% | 66.67% |
12b-1 Fee | N/A | 0.00% | 1.00% | 53.33% |
Administrative Fee | 0.15% | 0.15% | 0.20% | 50.00% |
Sales Fees
PRJPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 2.25% | N/A |
Trading Fees
PRJPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | 14.29% |
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.
PRJPX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 26.90% | 2.95% | 70.30% | 64.71% |
PRJPX - Distributions
Dividend Yield Analysis
PRJPX | Category Low | Category High | PRJPX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.48% | 57.50% |
Dividend Distribution Analysis
PRJPX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
PRJPX | Category Low | Category High | PRJPX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.25% | -0.63% | 2.81% | 76.92% |
Capital Gain Distribution Analysis
PRJPX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 18, 2018 | $0.100 | OrdinaryDividend |
Dec 19, 2017 | $0.070 | OrdinaryDividend |
Dec 19, 2016 | $0.070 | OrdinaryDividend |
Dec 17, 2015 | $0.070 | OrdinaryDividend |
Dec 17, 2014 | $0.070 | OrdinaryDividend |
Dec 18, 2013 | $0.060 | OrdinaryDividend |
Dec 19, 2012 | $0.070 | OrdinaryDividend |
Dec 17, 2010 | $0.040 | OrdinaryDividend |
Dec 17, 2009 | $0.030 | OrdinaryDividend |
PRJPX - Fund Manager Analysis
Managers
Archibald Ciganer
Start Date
Tenure
Tenure Rank
Dec 27, 2013
8.43
8.4%
Archibald Ciganer has been chairman of the committe at T.Rowe Price since 2013. He joined T. Rowe Price in 2007 and his investment experience dates from 1999. He has 14 years of investment experience, including 13 years in the Japanese equity market. He is a Tokyo based equity research analyst covering the telecom, transportation, utility, media and consumer sectors. Before joining T. Rowe Price, Archibald worked for BNP Paribas in Japan as a credit analyst, as an associate in the Investment Banking department, and as a vice president in Mergers and Acquisitions, where he handled a number of cross-border transactions for blue chip Japanese and foreign corporations. He graduated from Paris Institute of Political Studies with a degree in finance and accounting, and also has earned the Chartered Financial Analyst designation. He is fluent in Japanese, English, and French. Based in Tokyo, Archibald brings considerable local knowledge and background to this role with 14 years of investment experience, including 13 years in the Japanese equity market. As a member of the Japanese equity research team since joining T. Rowe Price in 2007, he has worked closely with Campbell. Throughout his tenure as an analyst covering the telecom, transportation, utility, media, and consumer sectors, he has been an important contributor to the Japan Fund and related strategies. As of 30 September 2013, he covered 11 names and 20% of the fund by market capitalization. Archibald is a well-respected member of the team and is also fluent in Japanese.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 24.43 | 6.97 | 8.25 |