T. Rowe Price Latin America
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-0.2%
1 yr return
-9.1%
3 Yr Avg Return
-1.5%
5 Yr Avg Return
1.6%
Net Assets
$428 M
Holdings in Top 10
46.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.33%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 30.70%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Latin America Stock
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
PRLAX - Profile
Distributions
- YTD Total Return -0.2%
- 3 Yr Annualized Total Return -1.5%
- 5 Yr Annualized Total Return 1.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.18%
- Dividend Yield 2.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameT. Rowe Price Latin America Fund
-
Fund Family NameT. Rowe Price
-
Inception DateDec 29, 1993
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerVerena Wachnitz
Fund Description
The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in Latin American companies. Under normal conditions, at least four countries will be represented in the fund's portfolio. The fund may purchase the stocks of companies of any size. It is non-diversified.
PRLAX - Performance
Return Ranking - Trailing
| Period | PRLAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.2% | -8.4% | 17.3% | 68.18% |
| 1 Yr | -9.1% | -20.3% | 7.1% | 90.91% |
| 3 Yr | -1.5%* | -3.7% | 8.3% | 63.64% |
| 5 Yr | 1.6%* | 0.6% | 11.0% | 78.95% |
| 10 Yr | 0.1%* | -3.9% | 5.0% | 47.37% |
* Annualized
Return Ranking - Calendar
| Period | PRLAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -22.8% | -24.3% | -7.1% | 85.71% |
| 2020 | -8.6% | -22.4% | 1.0% | 28.57% |
| 2019 | 14.3% | 10.2% | 47.4% | 95.00% |
| 2018 | -10.5% | -14.7% | -2.6% | 44.44% |
| 2017 | 26.9% | 9.7% | 48.5% | 50.00% |
Total Return Ranking - Trailing
| Period | PRLAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -0.2% | -16.1% | 3.1% | 31.82% |
| 1 Yr | -9.1% | -20.3% | 7.1% | 86.36% |
| 3 Yr | -1.5%* | -4.7% | 8.3% | 63.64% |
| 5 Yr | 1.6%* | 0.1% | 11.0% | 78.95% |
| 10 Yr | 0.1%* | -3.9% | 5.0% | 47.37% |
* Annualized
Total Return Ranking - Calendar
| Period | PRLAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -22.8% | -24.3% | -7.1% | 85.71% |
| 2020 | -8.6% | -22.4% | 1.0% | 28.57% |
| 2019 | 14.3% | 10.2% | 47.4% | 95.00% |
| 2018 | -10.5% | -14.7% | -2.6% | 55.56% |
| 2017 | 26.9% | 9.7% | 48.5% | 50.00% |
NAV & Total Return History
PRLAX - Holdings
Concentration Analysis
| PRLAX | Category Low | Category High | PRLAX % Rank | |
|---|---|---|---|---|
| Net Assets | 428 M | 7.18 M | 6.22 B | 18.18% |
| Number of Holdings | 59 | 26 | 171 | 27.27% |
| Net Assets in Top 10 | 219 M | 2.94 M | 3.61 B | 22.73% |
| Weighting of Top 10 | 46.78% | 25.4% | 60.4% | 54.55% |
Top 10 Holdings
- Itau Unibanco Holding SA Participating Preferred 10.04%
- Itau Unibanco Holding SA Participating Preferred 10.04%
- Itau Unibanco Holding SA Participating Preferred 10.04%
- Itau Unibanco Holding SA Participating Preferred 10.04%
- Itau Unibanco Holding SA Participating Preferred 10.04%
- Itau Unibanco Holding SA Participating Preferred 10.04%
- Itau Unibanco Holding SA Participating Preferred 10.04%
- Itau Unibanco Holding SA Participating Preferred 10.04%
- Itau Unibanco Holding SA Participating Preferred 10.04%
- Itau Unibanco Holding SA Participating Preferred 10.04%
Asset Allocation
| Weighting | Return Low | Return High | PRLAX % Rank | |
|---|---|---|---|---|
| Stocks | 95.46% | 80.70% | 100.00% | 86.36% |
| Cash | 4.55% | -0.03% | 14.93% | 13.64% |
| Preferred Stocks | 0.00% | 0.00% | 6.45% | 68.18% |
| Other | 0.00% | 0.00% | 0.73% | 63.64% |
| Convertible Bonds | 0.00% | 0.00% | 0.00% | 63.64% |
| Bonds | 0.00% | 0.00% | 4.37% | 63.64% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PRLAX % Rank | |
|---|---|---|---|---|
| Financial Services | 35.31% | 5.70% | 35.31% | 9.09% |
| Consumer Defense | 13.34% | 6.76% | 16.72% | 50.00% |
| Consumer Cyclical | 12.85% | 0.00% | 17.94% | 18.18% |
| Industrials | 9.64% | 2.78% | 17.03% | 40.91% |
| Healthcare | 7.43% | 1.37% | 22.01% | 36.36% |
| Basic Materials | 6.29% | 6.29% | 30.27% | 95.45% |
| Technology | 5.06% | 0.00% | 5.06% | 9.09% |
| Energy | 5.06% | 3.95% | 17.38% | 90.91% |
| Real Estate | 2.78% | 0.00% | 9.45% | 36.36% |
| Communication Services | 1.69% | 0.00% | 7.08% | 59.09% |
| Utilities | 0.56% | 0.56% | 24.83% | 95.45% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PRLAX % Rank | |
|---|---|---|---|---|
| Non US | 92.29% | 74.45% | 99.74% | 86.36% |
| US | 3.17% | 0.00% | 6.25% | 13.64% |
PRLAX - Expenses
Operational Fees
| PRLAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.33% | 0.19% | 2.26% | 33.33% |
| Management Fee | 1.03% | 0.19% | 1.10% | 90.91% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 12.50% |
| Administrative Fee | 0.15% | 0.08% | 0.15% | 100.00% |
Sales Fees
| PRLAX 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
| PRLAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | 50.00% |
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.
| PRLAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 30.70% | 17.00% | 115.00% | 30.00% |
PRLAX - Distributions
Dividend Yield Analysis
| PRLAX | Category Low | Category High | PRLAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 1.98% | 0.00% | 13.46% | 68.18% |
Dividend Distribution Analysis
| PRLAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Semi-Annually |
Net Income Ratio Analysis
| PRLAX | Category Low | Category High | PRLAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.18% | -0.05% | 8.87% | 77.27% |
Capital Gain Distribution Analysis
| PRLAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount | Type |
|---|---|---|
| Dec 30, 2021 | $0.330 | OrdinaryDividend |
| Dec 18, 2018 | $0.320 | OrdinaryDividend |
| Dec 29, 2017 | $0.030 | ExtraDividend |
| Dec 19, 2017 | $0.220 | OrdinaryDividend |
| Dec 19, 2016 | $0.280 | OrdinaryDividend |
| Dec 17, 2015 | $0.120 | OrdinaryDividend |
| Dec 17, 2014 | $0.410 | OrdinaryDividend |
| Dec 18, 2013 | $0.579 | OrdinaryDividend |
| Dec 19, 2012 | $0.539 | OrdinaryDividend |
| Dec 17, 2009 | $0.400 | OrdinaryDividend |
| Dec 31, 2008 | $0.070 | ExtraDividend |
| Dec 15, 2004 | $0.209 | OrdinaryDividend |
| Dec 18, 2003 | $0.159 | OrdinaryDividend |
| Dec 14, 2000 | $0.040 | OrdinaryDividend |
| Dec 16, 1999 | $0.040 | OrdinaryDividend |
| Dec 17, 1998 | $0.139 | OrdinaryDividend |
| Dec 29, 1997 | $0.120 | OrdinaryDividend |
| Dec 30, 1996 | $0.110 | OrdinaryDividend |
| Dec 28, 1995 | $0.060 | OrdinaryDividend |
PRLAX - Fund Manager Analysis
Managers
Verena Wachnitz
Start Date
Tenure
Tenure Rank
Mar 31, 2014
8.17
8.2%
Verena Wachnitz has been chairman of the committee T. Rowe Price since 2014. During the past five years, she has served as an equity research analyst covering Latin America and a portfolio manager (beginning in 2014). Prior to joining T. Rowe Price in 2003, she was an investment analyst with Centro de Estudios de Transporte e Infraestructura. Verena earned a B.A. in economics and a master's degree in finance from Universidad de San Andres. She is fluent in Spanish, German, Portuguese and English. She also has earned the Chartered Financial Analyst designation. Her investment experience dates from 2004.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 2.04 | 8.17 | 5.41 | 6.63 |