T. Rowe Price Latin America Fund I Class (RLAIX)
| Fund Assets | 365.45M |
| Expense Ratio | 1.08% |
| Min. Investment | $500,000 |
| Turnover | 23.20% |
| Dividend (ttm) | 1.38 |
| Dividend Yield | 6.56% |
| Dividend Growth | 116.62% |
| Payout Frequency | Semi-Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 21.00 |
| YTD Return | 28.02% |
| 1-Year Return | 13.25% |
| 5-Year Return | 43.41% |
| 52-Week Low | 16.11 |
| 52-Week High | 21.11 |
| Beta (5Y) | n/a |
| Holdings | 42 |
| Inception Date | Mar 8, 2017 |
About RLAIX
The T. Rowe Price Latin America Fund I Class is an actively managed mutual fund designed to provide long-term capital growth by investing primarily in common stocks of companies located in, or with significant operations in, Latin America. The fund employs a bottom-up research approach to select companies with attractive valuations and earnings growth that outpace their local and regional peers, while also considering broader industry trends and high-growth themes within the region. Country allocation decisions are primarily the result of stock selection rather than predefined geographic targets. The fund seeks to capitalize on the dynamic economic landscape of Latin America, offering exposure to diverse sectors such as consumer goods, financial services, energy, and infrastructure. Its management emphasizes identifying business leaders and trends likely to shape the region’s future growth potential. The fund plays a role in diversifying global equity portfolios by providing access to emerging market opportunities unique to Latin American economies, which are often underrepresented in broader market indices.
Performance
RLAIX had a total return of 13.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.31%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TRZYX | -z Class | n/a |
Top 10 Holdings
48.61% of assets| Name | Symbol | Weight |
|---|---|---|
| Itaú Unibanco Holding S.A. | ITUB4 | 10.20% |
| Nu Holdings Ltd. | NU | 6.31% |
| GRUPO MEXICO SAB DE CV | GMEXICOB.MX | 5.33% |
| Vale S.A. | VALE | 4.40% |
| B3 S.A. - Brasil, Bolsa, Balcão | B3SA3 | 4.18% |
| Grupo Financiero Banorte, S.A.B. de C.V. | GFNORTEO | 4.09% |
| Wal-Mart de México, S.A.B. de C.V. | WALMEX | 3.71% |
| T. Rowe Price Government Reserve Fund | TRPGRIA | 3.53% |
| Credicorp Ltd. | BAP | 3.45% |
| PETROLEO BRASILEIRO SA - PETROBRAS | PJX.DE | 3.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $1.3779 | Dec 16, 2024 |
| Dec 28, 2023 | $0.0558 | Dec 28, 2023 |
| Dec 14, 2023 | $0.5803 | Dec 15, 2023 |
| Dec 14, 2022 | $0.6808 | Dec 15, 2022 |
| Dec 16, 2021 | $1.500 | Dec 17, 2021 |
| Dec 16, 2020 | $0.300 | Dec 17, 2020 |