T. Rowe Price International Discovery Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.2%
1 yr return
13.6%
3 Yr Avg Return
-5.5%
5 Yr Avg Return
6.5%
Net Assets
$5.91 B
Holdings in Top 10
13.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.09%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 29.40%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TIDDX - Profile
Distributions
- YTD Total Return 3.2%
- 3 Yr Annualized Total Return -5.5%
- 5 Yr Annualized Total Return 6.5%
- Capital Gain Distribution Frequency Semi-Annually
- Net Income Ratio 0.06%
- Dividend Yield 1.4%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameT. Rowe Price International Discovery Fund
-
Fund Family NameTROWEPRICE
-
Inception DateDec 17, 2015
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerBen Griffiths
Fund Description
The fund expects to primarily invest outside the U.S. and to diversify broadly across a variety of industries in developed and emerging market countries throughout the world. The fund will emphasize investing in small- to mid-cap companies.
Depending on market conditions, the fund’s portfolio should be composed of investments in at least 10 countries and 100 different companies. Normally, at least 80% of the fund’s net assets (including any borrowings for investment purposes) will be invested in non-U.S. stocks. For purposes of determining whether the fund invests at least 80% of its net assets in non-U.S. stocks, the fund relies on the country assigned to a security by MSCI Inc., a third-party provider of benchmark indexes and data services, or another unaffiliated data provider.
While the adviser invests with an awareness of the global economic backdrop and the adviser’s outlook for certain industries, sectors, and individual countries, the adviser’s decision-making process focuses on bottom-up stock selection. Country allocation is driven largely by stock selection, though the adviser may limit investments in markets or industries that appear to have poor overall prospects.
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, 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.
The fund will typically have significant investments in developed European countries.
At times, the fund may have a significant portion of its assets invested in the same economic sector.
TIDDX - Performance
Return Ranking - Trailing
Period | TIDDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.2% | -5.4% | 9.8% | 36.80% |
1 Yr | 13.6% | -15.5% | 34.8% | 27.20% |
3 Yr | -5.5%* | -26.2% | 1.3% | 64.66% |
5 Yr | 6.5%* | -7.6% | 10.2% | 22.81% |
10 Yr | N/A* | 0.8% | 7.4% | 16.00% |
* Annualized
Return Ranking - Calendar
Period | TIDDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 10.8% | -16.8% | 28.8% | 45.60% |
2022 | -32.3% | -46.4% | -21.4% | 61.16% |
2021 | -7.3% | -30.6% | 16.4% | 80.87% |
2020 | 32.9% | -1.5% | 62.8% | 17.39% |
2019 | 23.3% | 9.7% | 44.0% | 52.68% |
Total Return Ranking - Trailing
Period | TIDDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.2% | -5.4% | 9.8% | 36.80% |
1 Yr | 13.6% | -15.5% | 34.8% | 27.20% |
3 Yr | -5.5%* | -26.2% | 1.3% | 64.66% |
5 Yr | 6.5%* | -7.6% | 10.2% | 22.81% |
10 Yr | N/A* | 0.8% | 7.4% | 16.00% |
* Annualized
Total Return Ranking - Calendar
Period | TIDDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.3% | -16.5% | 30.7% | 35.20% |
2022 | -30.2% | -46.4% | -18.5% | 54.55% |
2021 | 7.5% | -30.6% | 24.7% | 53.91% |
2020 | 38.9% | 1.6% | 68.3% | 15.65% |
2019 | 24.8% | 9.7% | 44.0% | 66.96% |
NAV & Total Return History
TIDDX - Holdings
Concentration Analysis
TIDDX | Category Low | Category High | TIDDX % Rank | |
---|---|---|---|---|
Net Assets | 5.91 B | 25.2 K | 6.04 B | 8.73% |
Number of Holdings | 222 | 39 | 1618 | 12.70% |
Net Assets in Top 10 | 763 M | 686 K | 1.06 B | 18.25% |
Weighting of Top 10 | 13.56% | 5.3% | 53.0% | 88.89% |
Top 10 Holdings
- MERCADOLIBRE INC 1.75%
- ASCENTIAL PLC 1.66%
- BAWAG GROUP AG 1.57%
- AMPLIFON SPA 1.52%
- SPIE SA 1.26%
- KANZHUN LTD 1.26%
- T ROWE PRICE GOVERNMENT RESERVE INVESTMENT FUND - Collateral 1.19%
- T ROWE PRICE GOVERNMENT RESERVE INVESTMENT FUND 1.13%
- REDCARE PHARMACY NV 1.12%
- AMADEUS IT GROUP SA 1.09%
Asset Allocation
Weighting | Return Low | Return High | TIDDX % Rank | |
---|---|---|---|---|
Stocks | 96.17% | 89.56% | 99.81% | 53.97% |
Cash | 3.05% | 0.00% | 11.63% | 42.06% |
Preferred Stocks | 0.78% | 0.00% | 8.16% | 26.98% |
Other | 0.00% | -0.09% | 5.11% | 50.00% |
Convertible Bonds | 0.00% | 0.00% | 0.00% | 30.95% |
Bonds | 0.00% | 0.00% | 2.66% | 32.54% |
Stock Sector Breakdown
Weighting | Return Low | Return High | TIDDX % Rank | |
---|---|---|---|---|
Consumer Cyclical | 22.43% | 1.31% | 28.28% | 2.38% |
Industrials | 20.21% | 0.00% | 40.13% | 66.67% |
Healthcare | 13.95% | 1.74% | 29.97% | 38.10% |
Technology | 13.07% | 6.70% | 37.76% | 70.63% |
Financial Services | 10.40% | 1.92% | 22.28% | 34.13% |
Communication Services | 6.41% | 1.49% | 23.23% | 23.02% |
Basic Materials | 4.89% | 0.00% | 18.70% | 62.70% |
Real Estate | 4.25% | 0.00% | 13.00% | 40.48% |
Consumer Defense | 3.11% | 1.61% | 17.90% | 79.37% |
Utilities | 1.04% | 0.00% | 5.12% | 36.51% |
Energy | 0.24% | 0.00% | 9.29% | 70.63% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TIDDX % Rank | |
---|---|---|---|---|
Non US | 90.50% | 62.81% | 98.57% | 56.35% |
US | 5.68% | 0.00% | 32.46% | 39.68% |
TIDDX - Expenses
Operational Fees
TIDDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.09% | 0.01% | 41.09% | 78.57% |
Management Fee | 1.04% | 0.00% | 1.75% | 80.16% |
12b-1 Fee | N/A | 0.00% | 1.00% | 8.24% |
Administrative Fee | N/A | 0.05% | 0.26% | N/A |
Sales Fees
TIDDX 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% | 4.00% | N/A |
Trading Fees
TIDDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 2.00% | 2.00% | 44.44% |
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.
TIDDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 29.40% | 8.00% | 236.00% | 45.10% |
TIDDX - Distributions
Dividend Yield Analysis
TIDDX | Category Low | Category High | TIDDX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.40% | 0.00% | 5.54% | 19.05% |
Dividend Distribution Analysis
TIDDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Annual | Annual |
Net Income Ratio Analysis
TIDDX | Category Low | Category High | TIDDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.06% | -1.81% | 1.51% | 43.80% |
Capital Gain Distribution Analysis
TIDDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Semi-Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 15, 2023 | $1.412 | OrdinaryDividend |
Dec 15, 2022 | $1.808 | OrdinaryDividend |
Dec 18, 2018 | $0.420 | OrdinaryDividend |
Dec 19, 2017 | $0.320 | OrdinaryDividend |
Dec 19, 2016 | $0.370 | OrdinaryDividend |
TIDDX - Fund Manager Analysis
Managers
Ben Griffiths
Start Date
Tenure
Tenure Rank
Mar 01, 2020
2.25
2.3%
Ben Griffiths is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd and an investment analyst in the Equity Research Team of T. Rowe Price International Ltd, covering European small-cap stocks. Ben has been with the firm since 2006. Prior to joining T. Rowe Price, he was an investment manager with Baillie Gifford. Ben earned a diploma in investment analysis from Stirling University and an M.Eng. in engineering science from Oxford University. He also has earned his Chartered Financial Analyst designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.17 | 28.52 | 5.66 | 0.17 |