T. Rowe Price Latin America
- PRLAX
- Price as of: Jan 25, 2021
-
$21.97
N/A N/A
- Primary Theme
- Latin America Equity
- Fund Company
- T. Rowe Price
- Share Class
PRLAX - Snapshot
Vitals
- YTD Return -5.1%
- 3 Yr Annualized Return 1.1%
- 5 Yr Annualized Return 11.8%
- Net Assets $491 M
- Holdings in Top 10 51.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 1.32%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 29.60%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,500
- IRA $1,000
Fund Classification
-
Primary Theme
Latin America Equity
- Fund Type Open End Mutual Fund
- Investment Style Latin America Stock
PRLAX - Profile
Distributions
- YTD Total Return -5.1%
- 3 Yr Annualized Total Return 1.1%
- 5 Yr Annualized Total Return 11.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.08%
- Dividend Yield 0.0%
- 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 | -5.1% | -6.6% | -2.3% | 80.00% |
1 Yr | -7.6% | -21.4% | 1.0% | 24.00% |
3 Yr | 1.1%* | -2.8% | 10.2% | 34.78% |
5 Yr | 11.8%* | 7.5% | 22.8% | 50.00% |
10 Yr | -2.6%* | -5.6% | 1.5% | 30.00% |
* Annualized
Return Ranking - Calendar
Period | PRLAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -8.6% | -22.4% | 1.0% | 24.00% |
2019 | 14.3% | 10.2% | 47.4% | 95.83% |
2018 | -10.5% | -14.7% | -2.6% | 52.38% |
2017 | 26.9% | 9.7% | 48.5% | 42.11% |
2016 | 28.8% | 16.7% | 61.2% | 57.89% |
Total Return Ranking - Trailing
Period | PRLAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -5.1% | -8.7% | -2.3% | 68.00% |
1 Yr | -7.6% | -25.4% | 1.0% | 24.00% |
3 Yr | 1.1%* | -3.7% | 10.2% | 34.78% |
5 Yr | 11.8%* | 7.2% | 22.8% | 50.00% |
10 Yr | -2.6%* | -5.6% | 1.5% | 30.00% |
* Annualized
Total Return Ranking - Calendar
Period | PRLAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -8.6% | -22.4% | 1.0% | 24.00% |
2019 | 14.3% | 10.2% | 47.4% | 95.83% |
2018 | -10.5% | -14.7% | -2.6% | 61.90% |
2017 | 26.9% | 9.7% | 48.5% | 52.63% |
2016 | 28.8% | 18.4% | 61.2% | 57.89% |
NAV & Total Return History
PRLAX - Holdings
Concentration Analysis
PRLAX | Category Low | Category High | PRLAX % Rank | |
---|---|---|---|---|
Net Assets | 491 M | 2.36 M | 6.55 B | 16.00% |
Number of Holdings | 53 | 33 | 166 | 52.00% |
Net Assets in Top 10 | 248 M | 895 K | 3.68 B | 16.00% |
Weighting of Top 10 | 51.16% | 28.1% | 56.2% | 44.00% |
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 9.79%
Asset Allocation
Weighting | Return Low | Return High | PRLAX % Rank | |
---|---|---|---|---|
Stocks | 98.02% | 68.62% | 100.28% | 96.00% |
Cash | 1.97% | -0.28% | 17.08% | 12.00% |
Preferred Stocks | 0.00% | 0.00% | 0.65% | 44.00% |
Other | 0.00% | 0.00% | 0.78% | 36.00% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 32.00% |
Bonds | 0.00% | 0.00% | 14.31% | 44.00% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PRLAX % Rank | |
---|---|---|---|---|
Financial Services | 36.96% | 4.32% | 36.96% | 8.00% |
Consumer Cyclical | 15.25% | 4.12% | 15.57% | 16.00% |
Consumer Defense | 11.04% | 4.74% | 17.86% | 48.00% |
Basic Materials | 7.22% | 3.55% | 24.18% | 72.00% |
Energy | 6.81% | 2.03% | 12.48% | 84.00% |
Technology | 6.80% | 0.47% | 9.44% | 24.00% |
Industrials | 6.21% | 1.43% | 20.32% | 92.00% |
Healthcare | 3.66% | 0.00% | 15.34% | 72.00% |
Real Estate | 3.28% | 0.00% | 11.51% | 32.00% |
Utilities | 1.55% | 0.00% | 22.58% | 76.00% |
Communication Services | 1.21% | 0.00% | 6.47% | 56.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PRLAX % Rank | |
---|---|---|---|---|
Non US | 95.44% | 62.34% | 99.62% | 80.00% |
US | 2.58% | 0.00% | 9.37% | 52.00% |
PRLAX - Expenses
Operational Fees
PRLAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.32% | 0.21% | 3.46% | 52.00% |
Management Fee | 1.04% | 0.19% | 1.10% | 96.00% |
12b-1 Fee | N/A | 0.00% | 1.00% | 12.50% |
Administrative Fee | 0.15% | 0.08% | 0.25% | 85.71% |
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 | 29.60% | 12.74% | 165.00% | 20.83% |
PRLAX - Distributions
Dividend Yield Analysis
PRLAX | Category Low | Category High | PRLAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.81% | 56.00% |
Dividend Distribution Analysis
PRLAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
PRLAX | Category Low | Category High | PRLAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.08% | -0.62% | 4.26% | 56.00% |
Capital Gain Distribution Analysis
PRLAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Dec 18, 2018 | $0.320 |
Dec 29, 2017 | $0.030 |
Dec 19, 2017 | $0.220 |
Dec 19, 2016 | $0.280 |
Dec 17, 2015 | $0.120 |
Dec 17, 2014 | $0.410 |
Dec 18, 2013 | $0.579 |
Dec 19, 2012 | $0.539 |
Dec 17, 2009 | $0.400 |
Dec 31, 2008 | $0.070 |
Dec 15, 2004 | $0.209 |
Dec 18, 2003 | $0.159 |
Dec 14, 2000 | $0.040 |
Dec 16, 1999 | $0.040 |
Dec 17, 1998 | $0.139 |
Dec 29, 1997 | $0.120 |
Dec 30, 1996 | $0.110 |
Dec 28, 1995 | $0.060 |
PRLAX - Fund Manager Analysis
Managers
Verena Wachnitz
Start Date
Tenure
Tenure Rank
Mar 31, 2014
6.76
6.8%
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 |
---|---|---|---|
0.63 | 13.01 | 5.86 | 9.71 |