About PRIDX
The T. Rowe Price International Discovery Fund is an actively managed mutual fund focused on achieving long-term capital growth by investing primarily in the common stocks of rapidly growing, small- to medium-sized companies outside the United States. The fund employs a growth-oriented strategy, seeking opportunities across a diverse range of industries in both developed and emerging markets. Its investment approach relies heavily on in-depth, bottom-up fundamental research to identify firms with quality management, strong franchises, reasonable valuations, and robust cash flows at an advantageous stage in their business life cycle. The portfolio typically maintains broad diversification, with significant exposure to companies in Asia and developed European countries. As of its latest reporting, the fund held more than 240 investments and managed assets exceeding $5 billion. By specializing in international small- and mid-cap growth stocks, the fund plays a specialized role in the market, offering investors exposure to dynamic companies and sectors that may be underrepresented in larger indices or domestic portfolios.
Fund Family T. Rowe Price
Category Foreign Small/Mid Growth
Performance Rating Above Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol PRIDX
Index S&P Global Small Cap Ex-US Total Return Index
PRIDX had a total return of 16.10% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.74%.
