T. Rowe Price Emerging Markets Stock Fund
PRZIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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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
- Aug 28, 2015
- CIK
- 0000313212
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Emerging Markets Stock Fund I Class (PRZIX) is an open-end mutual fund that seeks long-term growth of capital primarily through investments in common stocks of large- and small-cap companies located in or with primary operations in emerging markets across Asia, Europe, the Middle East, Africa, and Latin America; it normally invests at least 80% of its net assets in such emerging market equities, with a focus on quality growth stocks in sectors including technology (26.90%), financial services (24.54%), and communication services (12.01%). The fund emphasizes diversified exposure to regions such as Emerging Asia (48.47%), Developed Asia (31.25%), Latin America (8.69%), the Middle East (3.93%), and Emerging Europe (2.50%), with top holdings including Taiwan Semiconductor Manufacturing Co Ltd (11.48%), Tencent Holdings Ltd (6.56%), and Samsung Electronics Co Ltd (4.76%). It is part of T. Rowe Price Group Inc., a global investment management firm founded in 1937 and headquartered at 100 East Pratt Street in Baltimore, Maryland. Launched on August 28, 2015, with a minimum initial investment of $500,000, the fund has total net assets of approximately $5.34 billion and a net expense ratio of 0.98%; it is available for sale in the United States and domiciled there as an I Class share. In a significant recent leadership transition, long-time portfolio manager Eric Moffett retired effective June 30, 2025, following a period of underperformance, with Oluwaseun (Seun) Oyegunle and Wenli Zheng appointed as co-portfolio managers effective April 1, 2025, leveraging their expertise in Africa/Middle East equities and Greater China investments, respectively, to maintain the strategy's quality-growth philosophy while refining stock selection and reducing holdings to 70-80 names. This change aims to address prior challenges in stock picking and country positioning amid stylistic headwinds, particularly in China, with the Process and People Pillars rated Average by Morningstar. No major acquisitions, partnerships, funding rounds, or product launches specific to PRZIX have been reported in the last 1-2 years.