About TRFZX
The T. Rowe Price Emerging Markets Discovery Stock Fund Z Class is a mutual fund designed to provide long-term growth of capital by investing primarily in the stocks of companies based in emerging markets. The fund typically allocates at least 80% of its net assets to equities from regions such as Asia, Latin America, Europe, Africa, and the Middle East. Its strategy emphasizes selecting undervalued companies with strong potential for capital appreciation or dividend growth, often employing a fundamental, research-driven, and contrarian investment approach. The fund’s portfolio is diversified across sectors, including technology, financial services, energy, and consumer cyclical industries, with significant exposures to leading firms in these areas. Managed by T. Rowe Price’s experienced team, the fund serves institutional investors and advisory clients seeking exposure to the dynamic growth opportunities present in emerging markets, balancing risk and reward as part of a broader investment portfolio.
Fund Family T. Rowe Price
Category Diversified Emerging Mkts
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol TRFZX
Share Class -z Class
Index MSCI EM (Emerging Markets) NR USD
TRFZX had a total return of 45.39% in the past year, including dividends. Since the fund's
inception, the average annual return has been 21.17%.
