T. Rowe Price Global Industrials Fund I Class (TRGAX)
| Fund Assets | 145.88M |
| Expense Ratio | 0.73% |
| Min. Investment | $500,000 |
| Turnover | 60.90% |
| Dividend (ttm) | 0.13 |
| Dividend Yield | 0.60% |
| Dividend Growth | 24.37% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2024 |
| Previous Close | 22.30 |
| YTD Return | 12.03% |
| 1-Year Return | 16.11% |
| 5-Year Return | 96.93% |
| 52-Week Low | 16.90 |
| 52-Week High | 22.44 |
| Beta (5Y) | n/a |
| Holdings | 97 |
| Inception Date | May 3, 2017 |
About TRGAX
T. Rowe Price Global Industrials Fund I Class is a diversified mutual fund designed to provide long-term growth of capital by investing primarily in companies within the global industrials sector. The fund typically allocates at least 80% of its net assets to securities issued by firms engaged in industrial activities, broadly spanning segments such as aerospace and defense, machinery, transportation, construction, industrial technology, and manufacturing. Managed with an active strategy, it invests across at least five countries, generally ensuring that a significant portion—at least 25%—is committed to non-U.S. issuers, thereby offering broad international exposure. The fund targets both growth and value stocks, seeking companies with strong competitive positions, higher-than-average earnings growth, or those poised for margin improvements and other company-specific catalysts. With a relatively high minimum initial investment suited for institutional investors and a turnover rate reflecting active portfolio management, the fund is positioned to capitalize on evolving global industrial trends and shifts in economic cycles. Its comprehensive sector approach makes it a strategic holding for those aiming to gain targeted exposure to the industrials segment within a global context.
Performance
TRGAX had a total return of 16.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.58%.
Top 10 Holdings
33.38% of assets| Name | Symbol | Weight |
|---|---|---|
| Tesla, Inc. | TSLA | 7.37% |
| Siemens Aktiengesellschaft | SIE | 4.52% |
| Airbus SE | AIR | 3.65% |
| Fortive Corporation | FTV | 3.37% |
| General Electric Company | GE | 3.25% |
| Renesas Electronics Corporation | 6723 | 2.62% |
| Norfolk Southern Corporation | NSC | 2.57% |
| Rolls-Royce Holdings plc | RR | 2.48% |
| The Boeing Company | BA | 1.84% |
| Parker-Hannifin Corporation | PH | 1.71% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2024 | $0.1337 | Dec 18, 2024 |
| Dec 18, 2023 | $0.1075 | Dec 19, 2023 |
| Dec 16, 2022 | $0.385 | Dec 19, 2022 |
| Dec 16, 2021 | $0.410 | Dec 17, 2021 |
| Dec 16, 2020 | $0.030 | Dec 17, 2020 |
| Dec 17, 2019 | $0.390 | Dec 18, 2019 |