T. Rowe Price International Funds, Inc. - T. Rowe Price International Discovery Fund
PRIDX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 East Pratt Street Baltimore MD United States of America 21202
- IPO Date
- Dec 30, 1988
- CIK
- 0000313212
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price International Funds, Inc. (TRP International Funds) serves as an open-end investment management company that offers a range of mutual funds focused on international equity investments, including the flagship T. Rowe Price International Discovery Fund (PRIDX); this fund primarily invests at least 80% of its net assets in common stocks of rapidly growing small- to medium-sized companies outside the United States, diversifying across developed and emerging markets in regions such as Europe, Japan, emerging Asia, the United Kingdom, and Canada. The fund targets industries including industrials, consumer cyclical, technology, financial services, and basic materials, with a portfolio manager team comprising Hiroshi Watanabe (Japan focus since 2013), Ben Griffiths (Europe and global oversight since 2020), Wenli Zheng (Greater China until December 2025), and Dawei Feng (Greater China since April 2025). TRP International Funds operates within the broader T. Rowe Price Group, Inc. ecosystem, providing investment products to individual and institutional investors primarily in the United States. Founded in 1979 and domiciled in the United States with administrative ties to T. Rowe Price's global headquarters in Baltimore, Maryland, the company manages funds like PRIDX, which was launched on December 30, 1988, and holds approximately $6.46 billion in total net assets as of recent data, with a net expense ratio of 1.25% and a minimum initial investment of $2,500. The funds emphasize active management strategies seeking long-term capital growth through quality management, franchise strength, reasonable valuations, and strong cash flows in non-U.S. equities. Recent developments include portfolio manager transitions, with Dawei Feng joining PRIDX as a comanager for Greater China investments effective April 1, 2025, assuming sole responsibility from Wenli Zheng by year-end 2025 to enhance regional expertise. In December 2025, T. Rowe Price Group expanded its strategic partnership with Charles River Development by migrating to the Charles River IMS platform, supporting operational modernization and growth. Additionally, in September 2025, T. Rowe Price Group announced a major collaboration with Goldman Sachs Asset Management, involving up to a $1 billion equity investment by Goldman and the launch of co-branded model portfolios combining public and private market products for retirement and wealth investors, broadening access to diversified active strategies. These initiatives reflect ongoing enhancements in investment capabilities, technology infrastructure, and market expansion.