T. Rowe Price Spectrum International Equity Fund
Name
As of 04/29/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.2%
1 yr return
8.2%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$1.45 B
Holdings in Top 10
99.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.74%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 9.50%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/29/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TSINX - Profile
Distributions
- YTD Total Return 3.2%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 3.34%
- Dividend Yield 2.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameT. Rowe Price Spectrum International Equity Fund
-
Fund Family NameTROWEPRICE
-
Inception DateMay 03, 2021
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerCharles Shriver
Fund Description
Under normal conditions, the fund invests at least 80% of its net assets (including any borrowings for investment purposes) in equity securities. The fund is a fund of funds that seeks to achieve its objective by investing in a mix of other T. Rowe Price funds (underlying funds) that focus on various areas of the stock markets outside the U.S. The fund broadly diversifies its assets among underlying funds representing specific market segments by normally investing in a variety of developed and emerging market equity funds, and, from time to time, a money market fund. The goal is to maintain broad exposure to several markets in an attempt to reduce the impact of markets that are declining and to benefit from strong performance in particular market segments over time.
The various underlying funds focus on many different developed countries outside the U.S., as well as emerging markets. The fund’s overall allocation to international stock funds is represented by a diversified mix of funds that employ both growth and value investment approaches and consists of large-cap, mid-cap, and small-cap stocks. In addition, the fund may invest in individual securities on a limited basis.
The adviser decides how much of the fund’s assets to allocate to particular underlying funds and asset classes based on the outlook for, and on the relative valuations of, the underlying funds and the various markets and asset classes in which they invest. The adviser weights such factors as the outlook for inflation and the economy; corporate earnings; relative values and prospects for growth and value stocks, market capitalizations, and certain industries; and currency valuations and the overall outlook for developed markets, emerging markets, and certain geographic regions.
The adviser periodically reviews the mix of underlying funds and the percentages allocated to them. The fund may sell shares of the underlying funds for a variety of reasons, including to realize gains, limit losses, or redeploy assets into more promising opportunities.
TSINX - Performance
Return Ranking - Trailing
| Period | TSINX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.2% | -8.9% | 28.7% | 50.82% |
| 1 Yr | 8.2% | -6.3% | 19.6% | 61.98% |
| 3 Yr | N/A* | -18.3% | 45.2% | 64.15% |
| 5 Yr | N/A* | -34.2% | 75.2% | 60.51% |
| 10 Yr | N/A* | -0.6% | 16.1% | 53.26% |
* Annualized
Return Ranking - Calendar
| Period | TSINX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 11.6% | -7.3% | 22.0% | 73.80% |
| 2022 | -23.4% | -43.6% | 71.3% | 93.76% |
| 2021 | N/A | -28.5% | 18.9% | N/A |
| 2020 | N/A | -90.1% | 992.1% | N/A |
| 2019 | N/A | -1.9% | 38.8% | N/A |
Total Return Ranking - Trailing
| Period | TSINX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.2% | -8.9% | 28.7% | 50.82% |
| 1 Yr | 8.2% | -6.3% | 19.6% | 61.98% |
| 3 Yr | N/A* | -18.3% | 45.2% | 59.80% |
| 5 Yr | N/A* | -34.2% | 75.2% | 56.22% |
| 10 Yr | N/A* | -0.6% | 16.1% | 49.45% |
* Annualized
Total Return Ranking - Calendar
| Period | TSINX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 14.0% | 3.2% | 41.4% | 77.40% |
| 2022 | -17.8% | -43.6% | 144.8% | 74.73% |
| 2021 | N/A | -22.6% | 56.0% | N/A |
| 2020 | N/A | -89.7% | 1010.8% | N/A |
| 2019 | N/A | 4.3% | 38.8% | N/A |
NAV & Total Return History
TSINX - Holdings
Concentration Analysis
| TSINX | Category Low | Category High | TSINX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.45 B | 2.56 M | 425 B | 33.28% |
| Number of Holdings | 12 | 1 | 10801 | 96.15% |
| Net Assets in Top 10 | 1.44 B | 0 | 41 B | 15.98% |
| Weighting of Top 10 | 99.30% | 2.7% | 112.8% | 2.99% |
Top 10 Holdings
- T ROWE PRICE INTERNATIONAL VALUE EQUITY FUND 19.65%
- T ROWE PRICE INTERNATIONAL STOCK FUND 18.73%
- T ROWE PRICE EUROPEAN STOCK FUND 16.28%
- T ROWE PRICE OVERSEAS STOCK FUND 13.73%
- T ROWE PRICE NEW ASIA FUND 11.04%
- T ROWE PRICE EMERGING MARKETS DISCOVERY STOCK FUND 6.13%
- T ROWE PRICE JAPAN FUND 4.45%
- T ROWE PRICE INTERNATIONAL DISCOVERY FUND 4.07%
- T ROWE PRICE EMERGING MARKETS STOCK FUND 4.01%
- T ROWE PRICE LATIN AMERICA FUND 1.22%
Asset Allocation
| Weighting | Return Low | Return High | TSINX % Rank | |
|---|---|---|---|---|
| Stocks | 100.07% | 0.00% | 122.60% | 1.78% |
| Preferred Stocks | 0.00% | -0.01% | 7.80% | 72.49% |
| Other | 0.00% | -2.97% | 43.01% | 70.41% |
| Convertible Bonds | 0.00% | 0.00% | 4.18% | 45.25% |
| Cash | 0.00% | -22.43% | 100.00% | 98.82% |
| Bonds | 0.00% | -1.67% | 71.30% | 49.26% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | TSINX % Rank | |
|---|---|---|---|---|
| Financial Services | 18.48% | 0.00% | 47.75% | 39.55% |
| Technology | 14.45% | 0.00% | 36.32% | 23.48% |
| Industrials | 14.09% | 5.17% | 99.49% | 59.24% |
| Healthcare | 12.99% | 0.00% | 21.01% | 37.88% |
| Consumer Cyclical | 12.97% | 0.00% | 36.36% | 13.79% |
| Communication Services | 8.25% | 0.00% | 21.69% | 20.00% |
| Consumer Defense | 6.52% | 0.00% | 32.29% | 87.58% |
| Basic Materials | 5.62% | 0.00% | 23.86% | 81.67% |
| Utilities | 2.38% | 0.00% | 13.68% | 60.30% |
| Energy | 2.24% | 0.00% | 16.89% | 85.15% |
| Real Estate | 2.02% | 0.00% | 14.59% | 47.58% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | TSINX % Rank | |
|---|---|---|---|---|
| US | 100.07% | 0.00% | 103.55% | 0.44% |
| Non US | 0.00% | 0.00% | 121.07% | 96.45% |
TSINX - Expenses
Operational Fees
| TSINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.74% | 0.01% | 18.22% | 72.15% |
| Management Fee | 0.74% | 0.00% | 1.65% | 62.52% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.00% | N/A |
Sales Fees
| TSINX 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% | 5.00% | N/A |
Trading Fees
| TSINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
| TSINX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 9.50% | 2.00% | 247.00% | 14.12% |
TSINX - Distributions
Dividend Yield Analysis
| TSINX | Category Low | Category High | TSINX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 2.02% | 0.00% | 25.25% | 56.70% |
Dividend Distribution Analysis
| TSINX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| TSINX | Category Low | Category High | TSINX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 3.34% | -0.93% | 6.38% | 1.06% |
Capital Gain Distribution Analysis
| TSINX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 26, 2023 | $0.287 | OrdinaryDividend |
| Dec 23, 2022 | $0.891 | OrdinaryDividend |
TSINX - Fund Manager Analysis
Managers
Charles Shriver
Start Date
Tenure
Tenure Rank
Dec 31, 2011
10.42
10.4%
Charles M. Shriver is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc. He is a portfolio manager for several asset allocation portfolios within the Asset Allocation Group. He is the president of the Global Allocation, Balanced, Spectrum, and Personal Strategy Funds and chairman of their Investment Advisory Committees. Charles is also a member of the Investment Advisory Committee for the Real Assets Fund. He is cochair of the Asset Allocation Committee and has been with the firm since 1991. Charles earned a BA in economics and rhetoric/communications studies from the University of Virginia, an MSF in finance from Loyola University Maryland, and a graduate diploma in public economics from Stockholm University. He has earned the Chartered Financial Analyst designation.
Toby Thompson
Start Date
Tenure
Tenure Rank
Mar 01, 2020
2.25
2.3%
Toby Thompson is a portfolio manager within the Multi-Asset Division. Mr. Thompson is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc. Mr. Thompson earned a B.S. in business and economics from Towson University and an MBA in finance from Loyola University Maryland. He has earned the Chartered Financial Analyst and Chartered Alternative Investment Analyst designations.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.35 | 6.3 | 3.25 |