About PRESX
The T. Rowe Price European Stock Fund is an open-end mutual fund designed to achieve long-term capital growth by investing primarily in the common stocks of companies located in Europe or with significant operations within the region. The fund maintains a diversified portfolio, typically allocating at least 80% of its net assets to European equities, spanning developed markets such as the United Kingdom, France, Germany, and Switzerland, as well as other European countries. It emphasizes investment in companies with strong or improving market positions, robust financial fundamentals, and experienced management teams. The fund’s portfolio is diversified across sectors including technology, healthcare, consumer goods, energy, and financial services, with notable holdings in leading firms such as ASML Holding, Novo Nordisk, and AstraZeneca. By focusing on established and emerging leaders in key European industries, the fund plays a significant role in providing investors access to opportunities within Europe’s dynamic equity markets.
Fund Family T. Rowe Price
Category Europe Stock
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PRESX
Index MSCI Europe NR USD
PRESX had a total return of 17.18% in the past year, including dividends. Since the fund's
inception, the average annual return has been 12.84%.