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Morningstar

T. Rowe Price Emerging Markets Stock PRMSX

Morningstar Analyst Rating
Analyst rating as of
NAV / 1-Day Return
32.71  /  0.58 %
Total Assets
6.9 Bil
Adj. Expense Ratio
1.210%
Expense Ratio
1.110%
Fee Level
Average
Longest Manager Tenure
1.52 years
Category
Diversified Emerging Mkts
Investment Style
Large Blend
Min. Initial Investment
2,500
Status
Open
TTM Yield
0.95%
Turnover
27%

Morningstar’s Fund Analysis PRMSX

Will PRMSX 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 PRMSX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PRMSX 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 PRMSX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A leadership transition well carried out.

Senior Analyst

Summary

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This strategy, which includes T. Rowe Price Emerging Markets Stock, its two U.S.-sold institutional and CIT versions, and its UCITS twin, is going through a manager transition. Its longtime skipper Gonzalo Pangaro will retire in January 2022. It's a loss, but the two new managers have good credentials to take up the torch and vast research resources to rely on. The strategy earns Above Average People and Process ratings. Institutional share classes on the different funds receive a Morningstar Analyst Rating of Silver. Retail classes land at Bronze or Neutral depending on their fee level.

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