Morningstar® Investment Profile™   Morningstar®
Disclosure
  Format
for Print
T. Rowe Price International Stock Port
Release date as of 2024-10-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2024-10-31
Out of 380
Foreign Large Growth Funds
Morningstar®
Style Box™
What is this?
As of 2024-09-30
Total Fund Assets ($ Mil)
250.19
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks long-term growth of capital through investments primarily in the common stocks of established, non-U.S. companies.
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.
  Morningstar Category: Foreign Large Growth
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. 
  Investment Risks
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.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 3.1
Bullet Non-U.S. Stocks Non-U.S. Stocks 94.2
Bullet Bonds Bonds 0.0
Bullet Cash Cash 2.0
Bullet Other Other 0.7
Asset Allocation Rescaled Graph
Data through 2024-09-30
Morningstar Equity Sectors
% of Stocks
Cyclical 26.13
Basic Materials 1.37
Consumer Cyclical 8.71
Financial Services 14.06
Real Estate 1.99
Sensitive 47.46
Communication Services 7.10
Energy 2.68
Industrials 14.74
Technology 22.94
Defensive 26.40
Consumer Defensive 8.48
Healthcare 16.32
Utilities 1.60
Data through 2024-09-30
Morningstar World Regions
% Fund
Americas 16.8
North America 13.7
Latin America 3.1
Greater Europe 42.9
United Kingdom 4.8
Europe Developed 37.4
Europe Emerging 0.0
Africa/Middle East 0.7
Greater Asia 40.3
Japan 14.2
Australasia 0.0
Asia Developed 9.7
Asia Emerging 16.4
Data through 2024-09-30
Holding Status
Total Number of Stock Holdings 119
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 21.56
Turnover % (as of 2023-12-31) 32.90
30 Day SEC Yield % 0.00
Top Holdings
Sector Country % of Net
Assets
Taiwan Semiconductor Manufacturing Co Ltd Taiwan 5.42
ASML Holding NV Netherlands 2.53
Prosus NV Ordinary Shares - Class N Netherlands 2.12
Novo Nordisk AS ADR Denmark 2.09
Deutsche Telekom AG Germany 1.68
SAP SE Germany 1.59
MercadoLibre Inc Brazil 1.57
NTPC Ltd India 1.56
Siemens AG Germany 1.50
Safran SA France 1.50
Data through 2024-09-30
  Principal Risks   
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
Show Risk Definitions
  Other Information
Inception Date: 1994-03-31
Portfolio Manager(s)
Richard N. Clattenburg   (2015-04-01)
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.
Investment Advisor(s)
T. Rowe Price Associates, Inc.
Issuer
T. Rowe Price
Subadvisor(s)
T. Rowe Price International Ltd
Show Data Definitions

© Copyright 2024 Morningstar, Inc.
All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or any losses arising from any use of information. Past performance is no guarantee of future performance.
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.