RLAIX: T. Rowe Price Latin America Fund - MutualFunds.com

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T. Rowe Price Latin America I

RLAIX - Snapshot

Vitals

  • YTD Return -25.8%
  • 3 Yr Annualized Return -8.8%
  • 5 Yr Annualized Return 5.4%
  • Net Assets $377 M
  • Holdings in Top 10 49.7%

52 WEEK LOW AND HIGH

$18.76
$12.82
$26.07

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.13%

SALES FEES

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

BROKERAGE FEES

  • Turnover 20.20%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Compare RLAIX to Popular Latin America Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$29.49

-1.17%

$4.76 B

3.72%

$1.11

-37.85%

0.59%

$22.87

-0.39%

$805.76 M

4.57%

$1.05

-32.68%

0.48%

$18.61

-0.48%

$377.03 M

2.73%

$0.51

-25.95%

1.29%

$19.00

-0.16%

$330.16 M

3.59%

$0.68

-35.35%

1.05%

$27.69

+0.07%

$233.00 M

0.13%

$0.04

-18.94%

1.55%

RLAIX - Profile

Distributions

  • YTD Total Return -25.8%
  • 3 Yr Annualized Total Return -8.8%
  • 5 Yr Annualized Total Return 5.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.64%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    T. Rowe Price Latin America Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Mar 06, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Verena 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.


RLAIX - Performance

Return Ranking - Trailing

Period RLAIX Return Category Return Low Category Return High Rank in Category (%)
YTD -25.8% -37.9% -18.9% 20.00%
1 Yr -23.3% -32.6% -16.1% 20.00%
3 Yr -8.8%* -13.2% 0.1% 36.36%
5 Yr 5.4%* 0.6% 15.8% 45.45%
10 Yr -4.6%* -7.1% -0.9% 30.00%

* Annualized

Return Ranking - Calendar

Period RLAIX Return Category Return Low Category Return High Rank in Category (%)
2019 14.5% 10.2% 47.4% 91.67%
2018 -10.5% -14.7% -2.6% 57.14%
2017 N/A 9.7% 48.5% N/A
2016 N/A 16.7% 61.2% N/A
2015 N/A -51.8% -30.5% N/A

Total Return Ranking - Trailing

Period RLAIX Return Category Return Low Category Return High Rank in Category (%)
YTD -25.8% -37.9% -18.9% 20.00%
1 Yr -23.3% -33.6% -16.1% 20.00%
3 Yr -8.8%* -13.2% 0.1% 36.36%
5 Yr 5.4%* 0.4% 15.8% 45.45%
10 Yr -4.6%* -7.1% -0.9% 30.00%

* Annualized

Total Return Ranking - Calendar

Period RLAIX Return Category Return Low Category Return High Rank in Category (%)
2019 14.5% 10.2% 47.4% 91.67%
2018 -10.5% -14.7% -2.6% 66.67%
2017 N/A 9.7% 48.5% N/A
2016 N/A 18.4% 61.2% N/A
2015 N/A -51.8% -29.8% N/A

NAV & Total Return History


RLAIX - Holdings

Concentration Analysis

RLAIX Category Low Category High RLAIX % Rank
Net Assets 377 M 1.77 M 4.76 B 16.00%
Number of Holdings 52 31 162 52.00%
Net Assets in Top 10 184 M 637 K 2.52 B 40.00%
Weighting of Top 10 49.67% 31.0% 55.5% 60.00%

Top 10 Holdings

  1. Itau Unibanco Holding SA Participating Preferred 9.79%
  2. Itau Unibanco Holding SA Participating Preferred 9.79%
  3. Itau Unibanco Holding SA Participating Preferred 9.79%
  4. Itau Unibanco Holding SA Participating Preferred 9.79%
  5. Itau Unibanco Holding SA Participating Preferred 9.79%
  6. Itau Unibanco Holding SA Participating Preferred 9.79%
  7. Itau Unibanco Holding SA Participating Preferred 9.79%
  8. Itau Unibanco Holding SA Participating Preferred 9.79%
  9. Itau Unibanco Holding SA Participating Preferred 9.79%
  10. Itau Unibanco Holding SA Participating Preferred 9.79%

Asset Allocation

Weighting Return Low Return High RLAIX % Rank
Stocks
96.73% 72.40% 100.17% 96.00%
Cash
3.27% -0.49% 14.34% 12.00%
Preferred Stocks
0.00% 0.00% 0.58% 44.00%
Other
0.00% 0.00% 0.97% 36.00%
Convertible Bonds
0.00% 0.00% 0.00% 32.00%
Bonds
0.00% 0.00% 13.27% 44.00%

Stock Sector Breakdown

Weighting Return Low Return High RLAIX % Rank
Financial Services
36.68% 4.62% 36.68% 8.00%
Consumer Cyclical
16.40% 4.90% 17.04% 24.00%
Consumer Defense
10.62% 4.56% 15.68% 72.00%
Industrials
7.58% 0.00% 17.72% 68.00%
Basic Materials
7.51% 3.64% 25.03% 68.00%
Technology
6.53% 0.00% 10.48% 56.00%
Energy
4.84% 1.68% 11.49% 88.00%
Healthcare
3.87% 0.00% 17.10% 52.00%
Real Estate
3.10% 0.00% 11.48% 32.00%
Utilities
1.59% 0.00% 22.22% 60.00%
Communication Services
1.28% 0.00% 7.95% 52.00%

Stock Geographic Breakdown

Weighting Return Low Return High RLAIX % Rank
Non US
91.54% 65.41% 100.03% 80.00%
US
5.19% 0.00% 10.16% 52.00%

RLAIX - Expenses

Operational Fees

RLAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.13% 0.21% 3.46% 56.00%
Management Fee 1.04% 0.19% 1.10% 96.00%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.08% 0.25% N/A

Sales Fees

RLAIX 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

RLAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% 100.00%

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.

RLAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 20.20% 12.74% 189.00% 16.67%

RLAIX - Distributions

Dividend Yield Analysis

RLAIX Category Low Category High RLAIX % Rank
Dividend Yield 0.00% 0.00% 4.85% 60.00%

Dividend Distribution Analysis

RLAIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

RLAIX Category Low Category High RLAIX % Rank
Net Income Ratio 2.64% -0.72% 4.26% 40.00%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

RLAIX - Fund Manager Analysis

Managers

Verena Wachnitz


Start Date

Tenure

Tenure Rank

Mar 31, 2014

6.51

6.5%

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
0.38 12.76 5.51 7.75