T. Rowe Price Emerging Markets Stock (PRMSX - Free Report) a Zacks Rank #1 (Strong Buy) seeks long-term growth of capital by investing in common stocks of large and small companies domiciled, or with primary operations, in emerging markets. PRMSX invests primarily in companies located in less developed 'emerging market' countries. The fund offers dividends and capital gains annually in December. PRMSX was established in March 1995 and is managed by T. Rowe Associates.
This fund, as of the last filing, allocates their fund in two major groups; Emerging Market and Foreign Bond. Further, as of the last filing, Tencent (TCEHY), Samsung (SSNLF) and Banco Itau were the top holdings for PRMSX.
T. Rowe Price Emerging Markets Stock, managed by T. Rowe Price, carries an expense ratio of 1.26%. Moreover, PRMSX requires a minimal initial investment of $2,500.
PRMSX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 5 year benchmarks; 1 year 7.79% and 5 year 1.82%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
PRMSX’s performance, as of the last filing, when compared to funds in its category was in the top 10% in 1 year, top 19% over the past 3 years, and in the 75% over the past 5 years.
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