About TRZEX
T. Rowe Price Emerging Europe Fund Z Class is a mutual fund focused on achieving long-term capital growth by investing primarily in the common stocks of companies based in the emerging markets of Europe. The fund allocates at least 80% of its net assets to these regions, including Eastern Europe and countries of the former Soviet Union. Its primary areas of emphasis are the Czech Republic, Greece, Hungary, Poland, Romania, and Türkiye, while also maintaining exposure to other emerging European nations such as Bulgaria, Croatia, and Ukraine. The fund is classified as nondiversified, allowing it to concentrate a significant portion of its assets in select industries or companies, which can result in higher risk but potential for greater returns. Notably, the fund no longer makes new investments in Russia, although it may still hold certain Russian securities valued at zero. The Z Class shares are typically available to clients and advisory accounts managed by T. Rowe Price or its affiliates and are designed to have minimal shareholder servicing expenses. The fund plays a specialized role in providing access to the less developed, high-growth potential markets of emerging Europe, making it significant for investors seeking geographic and sectoral diversification within international equities.
Fund Family T. Rowe Price
Category Miscellaneous Region
Stock Exchange NASDAQ
Ticker Symbol TRZEX
Share Class -z Class
TRZEX had a total return of 47.38% in the past year, including dividends.
Since the fund's inception, the average annual return has been -7.01%.
