About PRMSX
T. Rowe Price Emerging Markets Stock Fund is an actively managed mutual fund focused on achieving long-term capital growth by investing primarily in the common stocks of companies operating in emerging markets. The fund allocates its assets across diverse regions including Asia, Europe, the Middle East, Africa, and Latin America, covering both large and small companies. With an inception date of March 31, 1995, it has established a significant presence among diversified emerging markets funds, managing several billion dollars in assets.
The fund's investment strategy centers on identifying firms with strong free cash flow, sustainable margins, long product cycles, and experienced management teams. Its portfolio is non-diversified, often concentrating a substantial portion of assets in its top holdings, such as Taiwan Semiconductor Manufacturing Company and Tencent Holdings. Key sectors represented include technology, financial services, and consumer cyclical industries, reflecting the dynamic nature of emerging economies. The fund is typically benchmarked against the MSCI Emerging Markets Index and requires a minimum initial investment, making it accessible to a broad base of investors. With annual dividends and an average risk profile for its category, the fund plays an important role in providing exposure to the growth potential and volatility of global emerging markets within the broader financial landscape.
Fund Family T. Rowe Price
Category Diversified Emerging Mkts
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PRMSX
Index MSCI EM (Emerging Markets) NR USD
PRMSX had a total return of 27.03% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.15%.
