About PRIJX
The T. Rowe Price Emerging Markets Discovery Stock Fund is a diversified mutual fund focused on achieving long-term capital growth through investments primarily in undervalued stocks of companies located in emerging markets. It typically allocates at least 80% of its net assets to stocks issued by companies in diverse emerging markets across Asia, Latin America, Europe, Africa, and the Middle East. The fund employs a value-oriented investment strategy underpinned by rigorous bottom-up fundamental research, targeting companies that are temporarily out of favor but demonstrate strong prospects for capital appreciation or dividend growth. Managed by experienced portfolio professionals, the fund maintains a moderate portfolio turnover and a substantial asset base exceeding four billion USD. It serves long-term, risk-tolerant investors seeking exposure to emerging markets equities, emphasizing a contrarian approach and aiming to deliver superior risk-adjusted returns relative to the MSCI Emerging Markets Index. Key features include a focus on large-cap companies, active management with significant stock selection, and a diversified sector and geographic exposure within emerging markets.
Fund Family T. Rowe Price
Category Diversified Emerging Mkts
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PRIJX
Index MSCI EM (Emerging Markets) NR USD
PRIJX had a total return of 38.88% in the past year, including dividends. Since the fund's
inception, the average annual return has been 9.93%.
