T. Rowe Price International Stock Port |
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Release date as of 2024-10-31. Data on page is subject to change. |
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Overall Morningstar Rating™
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What is this?
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As of 2024-10-31 |
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Out of 380 Foreign Large Growth Funds
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Total Fund Assets ($ Mil) |
250.19 |
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Investment Objective & Strategy |
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The investment seeks long-term growth of capital through investments primarily in the common stocks of established, non-U.S. companies.
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The Advisor expects to primarily invest in stocks outside the U.S. and to diversify broadly among developed and emerging countries throughout the world. The fund normally invests in at least five countries and may purchase the stocks of companies of any size, but its focus will typically be on large companies. Normally, at least 80% of the fund's net assets (including any borrowings for investment purposes) will be invested in stocks. |
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Morningstar Category: Foreign Large Growth |
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Foreign large-growth portfolios focus on high-priced growth stocks, mainly outside of the United States. Most of these portfolios divide their assets among a dozen or more developed markets, including Japan, Britain, France, and Germany. These portfolios primarily invest in stocks that have market caps in the top 70% of each economically integrated market (such as Europe or Asia ex-Japan). Growth is defined based on fast growth (high growth rates for earnings, sales, book value, and cash flow) and high valuations (high price ratios and low dividend yields). These portfolios typically will have less than 20% of assets invested in U.S. stocks.
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Foreign Securities Funds/Emerging Market Funds: Risks include, but are not limited to, currency risk, political risk, and risk associated with varying accounting standards. Investing in emerging markets may accentuate these risks. |
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% of Net Assets |
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U.S. Stocks |
3.1 |
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Non-U.S. Stocks |
94.2 |
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Bonds |
0.0 |
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Cash |
2.0 |
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Other |
0.7 |
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Data through 2024-09-30 |
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Morningstar Equity Sectors |
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% of Stocks |
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Cyclical |
26.13 |
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Basic Materials |
1.37 |
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Consumer Cyclical |
8.71 |
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Financial Services |
14.06 |
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Real Estate |
1.99 |
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Sensitive |
47.46 |
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Communication Services |
7.10 |
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Energy |
2.68 |
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Industrials |
14.74 |
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Technology |
22.94 |
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Defensive |
26.40 |
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Consumer Defensive |
8.48 |
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Healthcare |
16.32 |
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Utilities |
1.60 |
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Data through 2024-09-30 |
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Morningstar World Regions |
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% Fund |
Americas |
16.8 |
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North America |
13.7 |
Latin America |
3.1 |
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Greater Europe |
42.9 |
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United Kingdom |
4.8 |
Europe Developed |
37.4 |
Europe Emerging |
0.0 |
Africa/Middle East |
0.7 |
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Greater Asia |
40.3 |
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Japan |
14.2 |
Australasia |
0.0 |
Asia Developed |
9.7 |
Asia Emerging |
16.4 |
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Data through 2024-09-30 |
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Total Number of Stock Holdings |
119 |
Total Number of Bond Holdings |
0 |
% of Net Assets in Top 10 Holdings |
21.56 |
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Turnover % |
(as of 2023-12-31) |
32.90 |
30 Day SEC Yield % |
0.00 |
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Sector |
Country |
% of Net Assets
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Taiwan Semiconductor Manufacturing Co Ltd |
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Taiwan |
5.42 |
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ASML Holding NV |
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Netherlands |
2.53 |
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Prosus NV Ordinary Shares - Class N |
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Netherlands |
2.12 |
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Novo Nordisk AS ADR |
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Denmark |
2.09 |
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Deutsche Telekom AG |
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Germany |
1.68 |
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SAP SE |
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Germany |
1.59 |
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MercadoLibre Inc |
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Brazil |
1.57 |
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NTPC Ltd |
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India |
1.56 |
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Siemens AG |
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Germany |
1.50 |
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Safran SA |
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France |
1.50 |
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Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, Country or Region, Growth Investing, Active Management, Market/Market Volatility, Equity Securities, Industry and Sector Investing, Other, Large Cap |
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Show Risk Definitions |
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Inception Date: 1994-03-31 |
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Richard N. Clattenburg (2015-04-01) |
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Richard Clattenburg, CFA, manages the portion of the Destinations International Equity Fund’s assets allocated to T. Rowe Price. Mr. Clattenburg is a Vice President of T. Rowe Price Group, Inc., and T. Rowe Price, Inc. He is a Portfolio Manager for the T. Rowe Price International Growth Equity Strategy. Mr. Clattenburg is also a Vice President and Investment Advisory Committee member of the Global Real Estate Fund, a Vice President of T. Rowe Price International Funds, and an Investment Advisory Committee member of the International Stock Fund. Prior to joining the firm in 2005, Mr. Clattenburg was employed by Goldman Sachs as a Financial Analyst in its Investment Management Division. He earned a Bachelor of Science, summa cum laude, in Economics with a concentration in Accounting from The Wharton School at the University of Pennsylvania. Mr. Clattenburg also has earned the Chartered Financial Analyst designation. |
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T. Rowe Price Associates, Inc. |
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T. Rowe Price International Ltd |
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Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.
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