About TRZPX
T. Rowe Price European Stock Fund Z is a mutual fund focused on achieving long-term capital growth by investing predominantly in the common stocks of companies operating in Europe. The fund maintains a policy of allocating at least 80% of its net assets to European equities, providing diversified exposure across several key sectors including technology, healthcare, industrials, energy, and consumer goods. Notable holdings include major firms such as SAP SE, ASML Holding NV, Novo Nordisk, AstraZeneca, Siemens AG, and LVMH Moët Hennessy Louis Vuitton, reflecting the fund’s emphasis on industry leaders with significant market presence.
Designed to serve institutional investors, the Z share class typically features lower distribution fees and is often used within T. Rowe Price’s broader fund-of-funds strategies. The fund has a relatively low turnover rate and a moderate yield, appealing to investors seeking European market diversification and a blend of growth and defensive characteristics. With top holdings spanning multiple countries and industries, the fund plays a significant role in offering access to the economic performance of Europe's largest and most influential companies.
Fund Family T. Rowe Price
Category Europe Stock
Performance Rating Below Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol TRZPX
Share Class -z Class
TRZPX had a total return of 18.41% in the past year, including dividends. Since the fund's
inception, the average annual return has been 14.23%.