T. Rowe Price European Stock’s new manager and process have potential, but it’s still very early days, so both of its share classes warrant Morningstar Analyst Ratings of Neutral.
T. Rowe Price European Stock PRESX
NAV / 1-Day Return
27.98
/
0.87
%
Total Assets
1.3 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.960%
Expense Ratio
0.960%
Fee Level
Below Average
Longest Manager Tenure
1.30
years
Category
Europe Stock
Investment Style
Large GrowthMin. Initial Investment
2,500
Status
Open
TTM Yield
0.79%
Turnover
75%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PRESX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRESX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PRESX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of PRESX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A new direction after a change of guard.
