Fund Facts  

Inception Date: Mar 31, 1995
Ticker Symbol: PRMSX
Morningstar Category:Diversified Emerging Mkts
As of Aug 31, 2016
Fund Net Assets ($millions) $9,075

Documents for Fund or Underlying Fund(s)  

Description

Objective  

The investment seeks long-term growth of capital through investments primarily in the common stocks of companies located (or with primary operations) in emerging markets.

Principal Investment Strategies  

The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in emerging market companies. It may purchase the stocks of companies of any size.

Principal Investment Risks  

There is no guarantee that the Fund will achieve its investment objective. You may lose money by investing in the Fund. Please see the Fund’s prospectus or other disclosure documents for information about the Fund’s risks.

 

Performance & Expenses

Standard Performance As of Sep 30, 2016
Fund/Benchmark Name QtrYTD1-Yr3-Yr5-Yr10-YrSince Inception
T Rowe Price® Emerg Mkts Stka8.94%20.18%21.96%3.04%5.35%4.04%7.49%
MSCI Emerging Markets Index (Net)a,b9.03%16.02%16.78%-0.56%3.03%3.95%N/A
Morningstar Diversified Emerging Mktsa,c7.60%14.34%15.24%-0.36%3.68%3.49%N/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit www.icmarc.org.

Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.

Annual Fund Operating Expenses
Total Expensesa1.24%

 

a. Certain information including, but not limited to, benchmark performance or other performance and/or fee information, is provided by Morningstar, Inc., © 2016 All rights reserved. This information: (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 and/or its content providers are responsible for any damages or losses arising from any use of information. Morningstar is a registered trademark of Morningstar, Inc.

b. The MSCI Emerging Markets Index (Net) is a free float-adjusted market capitalization index of equity securities that is designed to measure the equity market performance of emerging markets. The net version of this index reinvests dividends after the deduction of withholding taxes, using a tax rate applicable to non-resident institutional investors who do not benefit from double taxation treaties.

c. The Fund’s Morningstar Category Average is a group of funds with similar investment objectives and strategies and is the equal-weighted return of all funds per category. Morningstar places funds in certain categories based on a fund’s historical portfolio holdings.

Distributions

Dividends and Capital Gains  
Record Date Ex/Payable Date Income/Capital Gains Paid Per Share
Dec 16, 2015Dec 16, 2015$0.160000000
Dec 16, 2014Dec 16, 2014$0.280000000
Dec 17, 2013Dec 17, 2013$0.240000000
Dec 18, 2012Dec 18, 2012$0.160000000
Dec 16, 2011Dec 16, 2011$0.120000000
 

Morningstar Information

Morningstar RatingTM   As of Sep 30, 2016
Period Stars Category Size
Overall 4 Stars602
3-Year 4 Stars602
5-Year 4 Stars435
10-Year 3 Stars190

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, fee waivers, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. For funds with loads, the Morningstar rating on a load-waived basis is provided, when available. Load-waived ratings do not include any front- or back-end sales loads and are intended for investors that have access to such purchase terms. Funds with loads are waived for plans administered by ICMA-RC. Past performance is no guarantee of future results.

Morningstar Stylebox As of Sep 30, 2016
Equity Stylebox
Large Growth
Allocation of Assets As of Jun 30, 2016
Type of Asset Percent
Equity97%
Fixed Income0%
Cash/Other3%

Due to rounding, percentages shown may not add up to 100%.

 
 

Characteristics

Allocation of Assets As of Jun 30, 2016
Asset ClassPercent
Domestic Stock0.4%
Foreign Stock96.7%
Domestic Bond0.0%
Foreign Bond0.0%
Preferred0.0%
Convertible0.0%
Cash2.8%
Other0.1%

Due to rounding, percentages shown may not add up to 100%.

 
Equity Sector As of Jun 30, 2016
SectorPercent
Financial Services24.6%
Technology24.2%
Consumer Defensive17.8%
Consumer Cyclical17.1%
Industrials4.1%
Basic Materials2.4%
Healthcare2.4%
Real Estate2.1%
Utilities2.0%
Energy0.5%

Exposure reflects equity securities only and will sum to the equity exposure of the fund.

 
Top Ten Country Exposure As of Jun 30, 2016
CountryPercent
China19.3%
Brazil11.6%
India11.6%
South Korea9.3%
Taiwan9.1%
South Africa7.4%
Russia4.9%
Philippines3.9%
Hong Kong3.2%
Indonesia2.9%
Top Ten Holdings As of Jun 30, 2016
Holding NamePercent
Tencent Holdings Ltd5.2%
Taiwan Semiconductor Manufacturing Co Ltd3.6%
Itau Unibanco Holding SA3.5%
Lojas Renner SA3.4%
Samsung Electronics Co Ltd3.2%
AIA Group Ltd2.9%
Infosys Ltd2.6%
Sberbank of Russia PJSC ADR2.4%
LG Household & Health Care Ltd2.4%
Baidu Inc ADR2.1%
 

Statistics

Portfolio Statistics As of Sep 30, 2016
Statistic3-Year5-Year
Beta0.950.95
Alpha3.532.38
Standard Deviation15.9816.88
 
 

Trading Restrictions

Purchase, Sale, and Transfer Restrictions

 

Fund-to-Fund Transfers involving the T.Rowe Price Funds will be limited to reduce excessive trading and its adverse effects on the funds. If you transfer assets out of a T.Rowe Price Fund to another investment option, you must wait at least 31 days before transferring assets back into the same fund.

Redemption Fee  
Holding PeriodFee
90 days2.0%
 

Footnotes

1.

T. Rowe Price® is a registered trademark of T. Rowe Price Group, Inc. - all rights reserved.

2.

Please read the fund's prospectus carefully for a complete summary of all fees, expenses, investment objectives and strategies, risks, financial highlights, and performance information. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus before investing. You may contact us to obtain a prospectus or to answer questions by calling 800-669-7400, emailing investorservices@icmarc.org, or visiting www.icmarc.org.

The source for this information is Morningstar, Inc. Copyright © 2016 Morningstar, Inc.® All Rights Reserved. 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 losses arising from any use of this information. Morningstar, Inc. is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.