T. Rowe Price International Stock Fund (Advisor Class) (PAITX) is an open-end mutual fund that seeks long-term growth of capital primarily through investments in common stocks of established non-U.S. companies; it normally invests in at least five countries, focusing typically on large-cap growth stocks across developed and emerging markets, with top holdings including Taiwan Semiconductor Manufacturing Co. Ltd., ASML Holding NV, Prosus NV, AstraZeneca PLC, and Canadian National Railway Co.; the portfolio emphasizes sectors such as technology (21%), industrials (16%), financial services (15%), and healthcare (14%), with primary regional exposure to the Eurozone (22%), emerging Asia (15%), Japan (14%), and Canada (10%). The fund, domiciled in the United States and available for sale there, features a net expense ratio of 1.11%, a minimum initial investment of $2,500, and daily pricing, with total net assets of approximately $13.86 billion across the share class family as of late 2025. Managed by Richard Clattenburg since April 2015 under T. Rowe Price Associates, Inc. as investment adviser and T. Rowe Price International Ltd. as subadviser, the Advisor Class (launched March 31, 2000) operates from T. Rowe Price's global headquarters in Baltimore, Maryland, part of a firm founded in 1937 serving clients worldwide. In recent developments, T. Rowe Price announced a strategic collaboration with Goldman Sachs in September 2025, under which Goldman Sachs intends to invest up to $1 billion in T. Rowe Price common stock and partner on innovative multi-asset offerings integrating public and private markets, including private equity, credit, infrastructure, and diversified retirement strategies; the firm also released its 2025 midyear investment outlook in June 2025, highlighting deglobalization trends, tariff impacts, and a shift toward international equities and active management.