T. Rowe Price Em Mkts Discv Stk Adv (PAIJX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
16.25
+0.04 (0.25%)
Sep 3, 2025, 4:00 PM EDT
0.25%
Fund Assets4.96B
Expense Ratio1.55%
Min. Investment$2,500
Turnover51.10%
Dividend (ttm)0.37
Dividend Yield2.26%
Dividend Growth3.04%
Payout FrequencyAnnual
Ex-Dividend Daten/a
Previous Close16.21
YTD Return20.82%
1-Year Return18.11%
5-Year Return50.78%
52-Week Low12.52
52-Week High16.35
Beta (5Y)n/a
Holdings71
Inception DateSep 14, 2015

About PAIJX

T. Rowe Price Emerging Markets Discovery Stock Fund Advisor Class is a diversified mutual fund focused on long-term capital appreciation through investments in undervalued equities across global emerging markets. The fund primarily targets companies situated in, or economically tied to, regions such as Asia, Latin America, Europe, Africa, and the Middle East. Its investment approach centers on fundamental, bottom-up research to identify attractively valued stocks—often those temporarily out of favor but demonstrating strong prospects for growth or dividend improvement. This fund typically invests at least 80% of its assets in emerging market equities, often favoring larger-cap companies. Notable sector concentrations include technology, financial services, energy, and consumer-related industries, as reflected in its top portfolio holdings. The fund’s strategy emphasizes rigorous valuation analysis, resilience within overlooked industries, and the potential for turnaround opportunities. With an annual turnover around 51% and an expense ratio of approximately 1.55%, it seeks to capture value by exploiting inefficiencies and growth opportunities unique to developing economies. The fund is designed for investors with a long-term horizon seeking exposure to the dynamic, though potentially volatile, emerging markets segment.

Fund Family T. Rowe Price
Category Diversified Emerging Mkts
Stock Exchange NASDAQ
Ticker Symbol PAIJX
Share Class -advisor Class
Index MSCI EM (Emerging Markets) NR USD

Performance

PAIJX had a total return of 18.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.01%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FGOMXFidelityStrategic Advisers Fidelity Em Mkts0.36%
FPADXFidelityFidelity Emerging Markets Idx0.08%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
TRFZX-z Classn/a
REVIX-i Class0.98%

Top 10 Holdings

31.02% of assets
NameSymbolWeight
Taiwan Semiconductor Manufacturing Company Limited23304.33%
Samsung Electronics Co., Ltd.0059304.01%
Alibaba Grp Hldgn/a3.67%
SK hynix Inc.0006603.03%
Neteasen/a2.87%
Prosus N.V.PRX2.82%
ICICI Bank LimitedICICIBANK2.70%
The Saudi National Bank11802.66%
Reliance Industries LimitedRELIANCE2.56%
China Construction Bank Corporation6019392.36%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 13, 2024$0.3659Dec 16, 2024
Dec 14, 2023$0.3551Dec 15, 2023
Dec 14, 2022$0.2246Dec 15, 2022
Dec 16, 2021$0.330Dec 17, 2021
Dec 17, 2019$0.340Dec 18, 2019
Dec 17, 2018$0.150Dec 18, 2018
Full Dividend History