Invests in target blue chip companies in at least five different countries, including the U.S. It takes a growth approach to investing, seeking opportunities that have potential for above-average earnings.
Since the fund invests overseas, its foreign holdings could be affected by declining foreign currencies or adverse political or economic events. The fund’s growth approach carries risk: Because growth funds have higher valuations and lower dividend yields than slower-growth or cyclical companies, the share price volatility may be higher. As such, fund prices could decline further in market downturns than those of non growth-oriented funds.
Morningstar Ratings™ are based on risk-adjusted returns. Click on "Overall Rating" for the fund's 3-, 5-, and 10-year (if applicable) Morningstar Ratings™.
The fund seeks long-term growth of capital through investments primarily in the common stocks of large-cap companies throughout the world, including the U.S.
Morningstar Equity Style
Large Growth
Data as of 06/30/2021
The Morningstar Style Box™, a proprietary Morningstar data point, is a 9-square grid that provides a graphical representation of the "investment style" of stocks and mutual funds. See disclaimer at bottom of page for more information.
Morningstar Rating
Period
Rating
Funds In Category (World Large-Stock Growth)
Overall
N/A
3 Years
N/A
5 Years
N/A
10 Years
N/A
The Morningstar Rating™ for funds, or "star rating", is calculated for funds with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics.
Average Annual Total Returns
(Investor Class)
1 YR
48.43%48.43%
Benchmark
39.26%39.26%
Value
9.17%9.17%
Data as of
06/30/2021
Data as of
06/30/2021
3 YR
23.74%23.74%
Benchmark
14.57%14.57%
Value
9.17%9.17%
Data as of
06/30/2021
Data as of
06/30/2021
5 YR
22.29%22.29%
Benchmark
14.61%14.61%
Value
7.68%7.68%
Data as of
06/30/2021
Data as of
06/30/2021
10 YR
14.25%14.25%
Benchmark
9.90%9.90%
Value
4.35%4.35%
Data as of
06/30/2021
Data as of
06/30/2021
Expense Ratio
Gross
0.85%
Net
0.85%
Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when you sell your shares. Average annual total return figures include changes in principal value, reinvested dividends, and capital gain distributions.
Investors should note that short term returns greater than 40% are highly unusual and unlikely to be sustained.
The gross expense ratio reflects the fund expenses as stated in the fee table of the fund's prospectus prior to the deduction of any waiver or reimbursement. The net expense ratio reflects fund expenses after the deduction of any waiver or reimbursement. If a fund has an active contractual expense limitation, the expiration date is shown below the gross and net expense ratio values above. Expense ratios are as of the most recent prospectus.
Current Year Performance
(Investor Class)
Daily YTD
13.98%
Benchmark
13.92%
Value
0.06%
Data as of
07/29/2021
Monthly YTD
13.09%
Benchmark
12.30%
Value
0.79%
Data as of 06/30/2021
One Month
4.41%
Benchmark
1.32%
Value
3.09%
Data as of 06/30/2021
Three Months
10.21%
Benchmark
7.39%
Value
2.82%
Data as of 06/30/2021
Asset Allocation
Net Assets (USD)
$1.6b
LargestUS Stock52.56%$850.9m
OtherView complete
Holdings
Total Holdings
194
Largest HoldingAmazon.com3.04%Was (03/31/2021)3.08%
Hari Balkrishna is a portfolio manager for the Global Impact Equity Strategy. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price International Ltd.
Jay Nogueira is a portfolio manager of the Global Consumer Equity Strategy and the consumer sector team leader in the Equity Division. He is a vice president and an Investment Advisory Committee member of the US Large-Cap Core Equity, US Structured Research Equity, US Large-Cap Growth Equity, US Mid-Cap Growth Equity, and Global Growth Equity Strategies. He also is an executive vice president of the T. Rowe Price International Funds, Inc., and a vice president of T. Rowe Price Group, Inc.
Kurt Umbarger is a global equity portfolio specialist within the International Equity Division of T. Rowe Price. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price International Ltd.
Laurence Taylor is a portfolio specialist in the Equity Division. He represents the firm's global equity strategies to institutional clients, consultants, and prospects. Laurence is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price International Ltd.
Years at T. Rowe Price
12
Years investment experience 21
For a complete list of the members of the fund's Investment Advisory Committee, please refer to the fund's prospectus.
* Minimum initial investment $1,000,000. Minimum is generally waived for intermediaries, certain retirement plans, and certain institutional client accounts.
Benefits & Risks
The fund is broadly diversified across international markets, which can help reduce volatility relative to funds that concentrate on a particular region or country. Diversification cannot assure a profit or protect against loss in a declining market.
Since the fund invests overseas, its foreign holdings could be affected by declining foreign currencies or adverse political or economic events.
The fund’s growth approach carries risk: Because growth funds have higher valuations and lower dividend yields than slower-growth or cyclical companies, the share price volatility may be higher. As such, fund prices could decline further in market downturns than those of non growth-oriented funds.
Investor Profile
For investors who want to tap the potential of international markets and can accept a moderate level of volatility.
It is appropriate for both regular and retirement accounts.
Risk/Return Characteristics
Data as of 06/30/2021
Risk/Return (5 Years)
Fund
MSCI All Country World Index Net
Alpha
6.38%
0.00%
Beta
1.04
1.00
R-Squared
0.89
1.00
Annualized Std. Deviation
15.92%
14.40%
Information Ratio
1.43
0.00
Sharpe Ratio
1.32
0.93
Tracking Error
5.35%
0.00%
Figures are calculated using monthly data and are net of fees. Past performance cannot guarantee future results.
Asset Allocation (06/30/2021)
Category
% of Total Net Assets
Market Value (USD)
Convertibles
3.99%
$64,596,027.59
Global ex-US Stock
42.98%
$695,823,876.17
Preferred
0.41%
$6,637,687.05
Reserves
0.06%
$971,368.84
US Stock
52.56%
$850,919,100.31
Total Allocation
$1,618,948,059.95
Numbers may not total due to rounding; all numbers are percentages.
Holdings (06/30/2021)
Security Name
% of Fund
Prev Qtr Change
Value
Sector
Industry
Country
3.04%
-0.05%
$49,180,527.36
Consumer Discretionary
Internet & Direct Marketing Retail
United States
2.54%
0.13%
$41,068,559.52
Communication Services
Interactive Media & Services
United States
1.65%
0.08%
$26,658,925.70
Communication Services
Interactive Media & Services
United States
1.33%
0.09%
$21,588,702.55
Health Care
Life Sciences Tools & Services
Germany
1.32%
-0.12%
$21,305,073.88
Consumer Discretionary
Internet & Direct Marketing Retail
China
1.15%
0.36%
$18,693,549.00
Information Technology
Software
United States
1.15%
0.05%
$18,562,085.40
Industrials & Business Services
Industrial Conglomerates
United States
1.09%
-0.02%
$17,613,056.00
Information Technology
Technology Hardware, Storage & Peripherals
United States
1.03%
-0.09%
$16,651,064.52
Financials
Capital Markets
United States
1.02%
0.03%
$16,497,637.74
Information Technology
IT Services
United States
1.00%
0.19%
$16,156,613.80
Health Care
Health Care Equipment & Supplies
United States
0.99%
0.01%
$16,068,982.58
Financials
Banks
United States
0.99%
0.07%
$16,065,724.50
Information Technology
Software
United States
0.98%
0.08%
$15,861,270.42
Consumer Discretionary
Internet & Direct Marketing Retail
Germany
0.93%
0.02%
$15,106,432.59
Financials
Capital Markets
United States
0.91%
-0.20%
$14,751,225.18
Industrials & Business Services
Air Freight & Logistics
United States
0.86%
-0.06%
$13,902,901.44
Utilities
Electric Utilities
United States
0.85%
-0.01%
$13,696,948.98
Industrials & Business Services
Commercial Services & Supplies
United States
0.84%
0.08%
$13,597,315.80
Information Technology
Software
United States
0.84%
0.01%
$13,584,462.00
Communication Services
Entertainment
Singapore
0.79%
-0.04%
$12,747,021.96
Communication Services
Interactive Media & Services
China
0.78%
0.04%
$12,566,937.80
Industrials & Business Services
Professional Services
United Kingdom
0.78%
0.01%
$12,561,960.48
Financials
Capital Markets
United States
0.77%
-0.06%
$12,519,719.36
Financials
Capital Markets
United States
0.77%
0.06%
$12,461,220.14
Health Care
Life Sciences Tools & Services
France
0.76%
-0.07%
$12,304,277.90
Financials
Capital Markets
Canada
0.76%
0.16%
$12,240,138.51
Health Care
Life Sciences Tools & Services
Switzerland
0.73%
-0.03%
$11,744,765.28
Industrials & Business Services
Industrial Conglomerates
United States
0.71%
-0.03%
$11,512,425.36
Consumer Discretionary
Internet & Direct Marketing Retail
United States
0.71%
0.08%
$11,417,718.70
Health Care
Pharmaceuticals
United Kingdom
0.70%
0.03%
$11,385,424.70
Information Technology
Software
United States
0.69%
-0.18%
$11,138,496.88
Health Care
Health Care Providers & Services
United States
0.68%
0.08%
$11,084,668.40
Health Care
Pharmaceuticals
United States
0.67%
0.00%
$10,921,282.57
Consumer Discretionary
Internet & Direct Marketing Retail
Germany
0.67%
0.15%
$10,862,386.30
Information Technology
IT Services
Canada
0.67%
-0.08%
$10,858,885.10
Materials
Chemicals
United States
0.67%
0.09%
$10,858,207.96
Financials
Capital Markets
United Kingdom
0.66%
0.04%
$10,739,000.28
Communication Services
Interactive Media & Services
United States
0.66%
-0.09%
$10,737,260.01
Financials
Banks
India
0.66%
-0.13%
$10,689,943.68
Utilities
Multi-Utilities
United States
0.65%
0.10%
$10,526,752.47
Consumer Staples
Food Products
Vietnam
0.63%
-0.21%
$10,276,511.49
Information Technology
IT Services
United States
0.63%
0.11%
$10,259,802.54
Consumer Discretionary
Leisure Products
United States
0.62%
-0.19%
$10,011,822.90
Information Technology
IT Services
United States
0.61%
0.19%
$9,889,788.75
Information Technology
Software
United States
0.60%
0.16%
$9,781,168.83
Health Care
Life Sciences Tools & Services
United States
0.59%
-0.14%
$9,511,381.68
Materials
Chemicals
Germany
0.57%
-0.02%
$9,295,068.92
Industrials & Business Services
Industrial Conglomerates
Germany
0.56%
-0.00%
$9,011,613.30
Real Estate
Equity Real Estate Investment Trusts (REITs)
United States
0.55%
-0.12%
$8,893,234.99
Consumer Discretionary
Internet & Direct Marketing Retail
United States
0.55%
0.01%
$8,854,899.15
Information Technology
Software
United States
0.55%
-0.18%
$8,837,410.79
Information Technology
Semiconductors & Semiconductor Equipment
Germany
0.54%
-0.07%
$8,809,670.22
Industrials & Business Services
Aerospace & Defense
United States
0.54%
0.09%
$8,740,129.08
Consumer Discretionary
Internet & Direct Marketing Retail
United Kingdom
0.54%
0.05%
$8,692,656.12
Information Technology
Software
United States
0.53%
-0.09%
$8,628,981.42
Financials
Insurance
Canada
0.53%
0.06%
$8,606,910.76
Health Care
Health Care Equipment & Supplies
United States
0.53%
0.04%
$8,586,450.36
Information Technology
Semiconductors & Semiconductor Equipment
Netherlands
0.52%
0.00%
$8,442,876.96
Health Care
Health Care Providers & Services
United States
0.52%
0.26%
$8,376,595.00
Communication Services
Interactive Media & Services
United States
0.51%
-0.12%
$8,332,512.75
Communication Services
Entertainment
United States
0.51%
0.04%
$8,283,708.00
Health Care
Health Care Technology
United States
0.51%
-0.12%
$8,184,202.67
Consumer Discretionary
Internet & Direct Marketing Retail
United Kingdom
0.50%
0.03%
$8,154,184.95
Industrials & Business Services
Trading Companies & Distributors
United Kingdom
0.50%
0.03%
$8,110,431.03
Consumer Discretionary
Internet & Direct Marketing Retail
United Kingdom
0.50%
-0.14%
$8,090,084.76
Financials
Insurance
United States
0.50%
-0.06%
$8,083,189.77
Real Estate
Equity Real Estate Investment Trusts (REITs)
United States
0.49%
-0.05%
$7,945,728.48
Financials
Insurance
United States
0.49%
0.08%
$7,898,646.42
Financials
Capital Markets
United States
0.48%
0.04%
$7,764,025.36
Consumer Discretionary
Internet & Direct Marketing Retail
Argentina
0.48%
0.08%
$7,744,409.40
Financials
Capital Markets
Brazil
0.48%
-0.01%
$7,737,096.97
Health Care
Health Care Equipment & Supplies
United States
0.46%
-0.02%
$7,494,249.12
Information Technology
Software
United States
0.46%
0.15%
$7,426,642.12
Financials
Banks
Vietnam
0.46%
-0.01%
$7,387,394.77
Information Technology
IT Services
China
0.45%
-0.00%
$7,264,416.20
Financials
Capital Markets
Switzerland
0.44%
-0.18%
$7,146,603.59
Consumer Staples
Personal Products
United Kingdom
0.44%
0.03%
$7,119,182.65
Financials
Banks
United States
0.44%
-0.12%
$7,111,532.75
Industrials & Business Services
Building Products
Sweden
0.44%
0.03%
$7,094,329.81
Financials
Banks
India
0.44%
-0.05%
$7,064,382.44
Consumer Discretionary
Textiles, Apparel & Luxury Goods
France
0.44%
0.02%
$7,050,662.19
Information Technology
Software
United States
0.43%
0.06%
$7,029,656.40
Information Technology
IT Services
United States
0.43%
-0.03%
$7,027,798.20
Industrials & Business Services
Commercial Services & Supplies
United Kingdom
0.43%
-0.02%
$6,938,282.35
Consumer Discretionary
Internet & Direct Marketing Retail
China
0.43%
-0.05%
$6,884,027.85
Financials
Banks
Indonesia
0.42%
-0.10%
$6,810,556.95
Consumer Discretionary
Internet & Direct Marketing Retail
United Kingdom
0.42%
0.41%
$6,782,372.05
Health Care
Health Care Providers & Services
Brazil
0.42%
0.09%
$6,760,771.12
Consumer Discretionary
Multiline Retail
Brazil
0.42%
0.04%
$6,722,712.64
Health Care
Health Care Equipment & Supplies
United States
0.41%
0.04%
$6,647,550.11
Consumer Staples
Food Products
Philippines
0.41%
-0.08%
$6,640,458.85
Financials
Banks
India
0.41%
-0.03%
$6,623,466.54
Health Care
Health Care Equipment & Supplies
Germany
0.41%
0.05%
$6,595,527.00
Communication Services
Entertainment
United States
0.41%
0.11%
$6,594,676.70
Consumer Staples
Food & Staples Retailing
Indonesia
0.41%
0.03%
$6,593,987.43
Consumer Staples
Beverages
India
0.41%
-0.03%
$6,562,551.18
Financials
Insurance
Hong Kong
0.40%
-0.03%
$6,555,163.37
Information Technology
Electronic Equip, Instr & Cmpts
Sweden
0.40%
-0.08%
$6,530,996.57
Consumer Discretionary
Household Durables
China
0.40%
-0.15%
$6,513,782.16
Information Technology
Software
United States
0.40%
0.03%
$6,457,551.66
Consumer Discretionary
Internet & Direct Marketing Retail
South Korea
0.40%
0.01%
$6,413,393.14
Health Care
Biotechnology
Netherlands
0.40%
-0.02%
$6,413,113.65
Materials
Chemicals
Netherlands
0.39%
-0.02%
$6,342,897.60
Information Technology
IT Services
United States
0.39%
0.08%
$6,332,006.76
Information Technology
Software
United States
0.39%
-0.07%
$6,302,685.33
Consumer Discretionary
Internet & Direct Marketing Retail
United Kingdom
0.39%
N/A
$6,290,596.51
Information Technology
Software
United States
0.39%
-0.05%
$6,285,106.04
Financials
Thrifts & Mortgage Finance
India
0.39%
-0.08%
$6,248,835.20
Financials
Banks
India
0.39%
-0.01%
$6,244,930.41
Information Technology
Electronic Equip, Instr & Cmpts
Japan
0.39%
0.03%
$6,238,992.00
Information Technology
Electronic Equip, Instr & Cmpts
United States
0.38%
-0.04%
$6,209,954.94
Materials
Containers & Packaging
United States
0.38%
-0.13%
$6,162,351.18
Financials
Insurance
Switzerland
0.38%
-0.02%
$6,153,051.86
Real Estate
Real Estate Management & Development
China
0.38%
0.07%
$6,152,956.18
Information Technology
IT Services
Brazil
0.38%
-0.03%
$6,146,896.00
Consumer Staples
Personal Products
United States
0.38%
0.08%
$6,143,103.30
Health Care
Life Sciences Tools & Services
China
0.38%
0.07%
$6,141,062.07
Health Care
Life Sciences Tools & Services
United States
0.38%
-0.06%
$6,116,244.42
Health Care
Biotechnology
United States
0.38%
0.09%
$6,084,933.12
Information Technology
Software
United States
0.37%
0.17%
$5,987,494.24
Information Technology
IT Services
United States
0.37%
N/A
$5,974,584.34
Communication Services
Diversified Telecommunication Services
Spain
0.37%
-0.10%
$5,939,369.55
Industrials & Business Services
Machinery
United States
0.37%
0.04%
$5,931,588.00
Information Technology
Software
United States
0.37%
-0.05%
$5,921,632.88
Industrials & Business Services
Industrial Conglomerates
Philippines
0.36%
-0.13%
$5,874,129.52
Financials
Capital Markets
United States
0.36%
-0.01%
$5,831,610.02
Financials
Capital Markets
Germany
0.36%
-0.02%
$5,819,381.74
Information Technology
IT Services
Netherlands
0.35%
0.08%
$5,648,280.40
Financials
Banks
Philippines
0.35%
-0.04%
$5,645,957.92
Information Technology
Semiconductors & Semiconductor Equipment
Taiwan
0.34%
0.08%
$5,553,828.70
Consumer Discretionary
Automobiles
United States
0.34%
-0.12%
$5,526,187.80
Consumer Staples
Food & Staples Retailing
Peru
0.34%
0.04%
$5,496,218.91
Information Technology
Software
United States
0.33%
-0.09%
$5,404,027.90
Industrials & Business Services
Electrical Equipment
China
0.33%
-0.00%
$5,363,133.97
Consumer Staples
Beverages
China
0.33%
-0.02%
$5,334,327.68
Information Technology
Software
Germany
0.33%
N/A
$5,298,701.10
Information Technology
IT Services
Uruguay
0.33%
-0.07%
$5,264,778.54
Information Technology
Electronic Equip, Instr & Cmpts
United States
0.32%
-0.04%
$5,235,567.45
Materials
Containers & Packaging
United States
0.32%
0.02%
$5,223,521.44
Materials
Chemicals
India
0.32%
-0.09%
$5,192,442.58
Materials
Chemicals
United States
0.32%
-0.08%
$5,174,519.68
Real Estate
Real Estate Management & Development
China
0.32%
0.04%
$5,142,599.21
Consumer Discretionary
Internet & Direct Marketing Retail
China
0.32%
-0.06%
$5,123,173.67
Industrials & Business Services
Electrical Equipment
India
0.31%
N/A
$5,093,502.00
Consumer Discretionary
Internet & Direct Marketing Retail
China
0.31%
N/A
$5,083,045.95
Utilities
Electric Utilities
Denmark
0.31%
N/A
$4,939,044.00
Information Technology
Software
United States
0.30%
-0.08%
$4,918,020.48
Consumer Discretionary
Internet & Direct Marketing Retail
Germany
0.30%
-0.00%
$4,909,768.31
Health Care
Health Care Equipment & Supplies
Italy
0.30%
-0.20%
$4,886,821.44
Information Technology
IT Services
United States
0.30%
0.16%
$4,857,567.24
Information Technology
Software
United States
0.29%
-0.02%
$4,697,671.11
Consumer Discretionary
Internet & Direct Marketing Retail
South Africa
0.29%
-0.03%
$4,690,204.78
Real Estate
Equity Real Estate Investment Trusts (REITs)
United Kingdom
0.29%
0.07%
$4,616,589.80
Consumer Staples
Personal Products
India
0.28%
-0.05%
$4,482,839.10
Financials
Capital Markets
Switzerland
0.27%
-0.09%
$4,368,174.92
Health Care
Health Care Technology
China
0.26%
-0.00%
$4,266,886.40
Industrials & Business Services
Professional Services
United States
0.26%
-0.03%
$4,262,412.69
Information Technology
Software
United States
0.26%
-0.14%
$4,223,213.05
Industrials & Business Services
Commercial Services & Supplies
United Kingdom
0.26%
-0.08%
$4,157,967.54
Consumer Discretionary
Hotels Restaurants & Leisure
Hong Kong
0.26%
-0.04%
$4,129,066.74
Industrials & Business Services
Professional Services
Japan
0.25%
-0.03%
$4,041,100.42
Health Care
Biotechnology
United States
0.25%
N/A
$4,018,551.42
Information Technology
Software
China
0.25%
N/A
$4,017,769.38
Materials
Chemicals
Denmark
0.25%
N/A
$4,007,129.18
Consumer Staples
Food Products
India
0.24%
-0.08%
$3,830,740.29
Materials
Metals & Mining
Japan
0.24%
-0.05%
$3,816,919.26
Consumer Discretionary
Multiline Retail
China
0.23%
-0.02%
$3,716,877.39
Health Care
Biotechnology
Denmark
0.23%
-0.06%
$3,683,965.44
Real Estate
Equity Real Estate Investment Trusts (REITs)
United States
0.22%
-0.07%
$3,619,920.50
Consumer Discretionary
Multiline Retail
United Kingdom
0.22%
-0.02%
$3,500,091.84
Information Technology
IT Services
United States
0.21%
0.08%
$3,380,245.15
Consumer Discretionary
Internet & Direct Marketing Retail
United States
0.20%
0.04%
$3,236,404.50
Information Technology
Semiconductors & Semiconductor Equipment
United States
0.18%
-0.22%
$2,966,305.52
Health Care
Health Care Providers & Services
United States
0.18%
-0.02%
$2,885,601.78
Financials
Capital Markets
India
0.18%
-0.05%
$2,873,491.20
Health Care
Health Care Technology
United States
0.18%
-0.07%
$2,859,146.56
Materials
Paper & Forest Products
United Kingdom
0.17%
N/A
$2,819,874.42
Information Technology
Software
United States
0.17%
-0.12%
$2,707,976.85
Consumer Staples
Personal Products
China
0.17%
N/A
$2,702,955.86
Financials
Capital Markets
United Kingdom
0.15%
-0.13%
$2,473,558.88
Real Estate
Equity Real Estate Investment Trusts (REITs)
United States
0.15%
N/A
$2,473,500.00
Health Care
Health Care Technology
United States
0.15%
-0.03%
$2,422,092.84
Health Care
Pharmaceuticals
Indonesia
0.15%
-0.09%
$2,384,785.48
Information Technology
Software
United States
0.15%
-0.01%
$2,357,196.58
Consumer Staples
Household Products
Indonesia
0.14%
-0.03%
$2,253,327.52
Real Estate
Real Estate Management & Development
Philippines
0.12%
-0.20%
$2,003,878.80
Information Technology
Software
United States
0.12%
0.01%
$1,938,416.39
Consumer Staples
Food Products
Nigeria
0.11%
N/A
$1,854,149.35
Information Technology
Software
United States
0.10%
-0.06%
$1,611,510.18
Health Care
Pharmaceuticals
Japan
0.08%
N/A
$1,276,069.08
Financials
Insurance
United States
0.03%
N/A
$472,001.10
Consumer Discretionary
Hotels Restaurants & Leisure
United Kingdom
0.01%
N/A
$86,588.19
Financials
Insurance
Canada
0.00%
N/A
$32,697.07
Corporate Securities
Food/Tobacco
India
Numbers may not total due to rounding; all numbers are percentages.
Please note that holdings are released 15 days after the period end. From time to time, certain securities held may not be listed. This is done to prevent potential harm to the portfolio while the manager completes a buying or selling program in those securities.
The information shown does not reflect any ETFs that may be held in the portfolio.
T. Rowe Price uses the current MSCI/S&P Global Industry Classification Standard (GICS) for sector and industry reporting. T. Rowe Price will adhere to all future updates to GICS.
Purchases (06/30/2021)
Major Purchases
% of Fund
Previous Quarter Change
Industry
Country
Orsted (N)
0.31%
0.31%
Electric Utilities
Denmark
Cellnex Telecom (N)
0.37%
0.37%
Diversified Telecommunication Services
Spain
Pinduoduo (N)
0.31%
0.31%
Internet & Direct Marketing Retail
China
Zoom Video Communications
1.15%
0.36%
Software
United States
Manhattan Associates (N)
0.30%
0.30%
Software
United States
Glodon (N)
0.25%
0.25%
Software
China
Chr. Hansen Holding (N)
0.25%
0.25%
Chemicals
Denmark
Pinterest
0.52%
0.26%
Interactive Media & Services
United States
Dlocal Ltd/Uruguay (N)
0.33%
0.33%
IT Services
Uruguay
Citrix Systems (N)
0.17%
0.17%
Software
United States
Sales (06/30/2021)
Major Sales
% of Fund
Previous Quarter Change
Industry
Country
PPD (E)
0.00%
-0.48%
Life Sciences Tools & Services
United States
Clorox (E)
0.00%
-0.58%
Household Products
United States
Amazon.com
3.04%
-0.04%
Internet & Direct Marketing Retail
United States
Colgate-Palmolive (E)
0.00%
-0.40%
Household Products
United States
Samsung Electronics (E)
0.00%
-0.36%
Technology Hardware, Storage & Peripherals
South Korea
Alphabet Class C
2.53%
0.12%
Interactive Media & Services
United States
EOG Resources (E)
0.00%
-0.28%
Oil, Gas & Consumable Fuels
United States
EPAM Systems
0.30%
-0.20%
IT Services
United States
Apple
1.09%
-0.02%
Technology Hardware, Storage & Peripherals
United States
Chart Industries (E)
0.00%
-0.25%
Machinery
United States
(N) New position.
(E) Eliminated.
The information shown does not reflect any ETFs that may be held in the portfolio.
Contributors (06/30/2021)
Contributors
% of Fund
Industry
Country
Alphabet
2.54%
Interactive Media & Services
United States
Amazon.com
3.04%
Internet & Direct Marketing Retail
United States
Evotec
1.33%
Life Sciences Tools & Services
Germany
Facebook
1.65%
Interactive Media & Services
United States
Zoom Video Communications
1.15%
Software
United States
Zalando
0.98%
Internet & Direct Marketing Retail
Germany
Intuit
0.84%
Software
United States
Dlocal Ltd/Uruguay
0.33%
IT Services
Uruguay
Sea
0.84%
Entertainment
Singapore
Roper Technologies
1.15%
Industrial Conglomerates
United States
Detractors (06/30/2021)
Detractors
% of Fund
Industry
Country
Gree Electric Appliances Inc of Zhuhai
0.40%
Household Durables
China
HomeServe
0.26%
Commercial Services & Supplies
United Kingdom
Alibaba Health Information Technology
0.27%
Health Care Technology
China
Fiserv
0.63%
IT Services
United States
Yatsen Holding
0.17%
Personal Products
China
InRetail Peru
0.34%
Food & Staples Retailing
Peru
KE Holdings
0.32%
Real Estate Management & Development
China
ASOS
0.51%
Internet & Direct Marketing Retail
United Kingdom
Tencent Holdings
0.79%
Interactive Media & Services
China
Coupang
0.40%
Internet & Direct Marketing Retail
South Korea
If fewer than 10 contributors or detractors are shown, those are all of the contributors or detractors for the period.
The information shown does not reflect any ETFs that may be held in the portfolio.
Sector Diversification (06/30/2021)
Sector
% of Fund
% of Benchmark
% Underweight/Overweight
Consumer Discretionary
18.73%
12.74%
Health Care
13.17%
11.58%
Financials
15.05%
14.09%
Information Technology
22.30%
21.90%
Real Estate
2.56%
2.62%
Industrials & Business Services
9.34%
9.86%
Communication Services
8.65%
9.40%
Utilities
1.83%
2.63%
Materials
3.97%
4.92%
Consumer Staples
4.33%
6.85%
Energy
0.00%
3.40%
Benchmark: MSCI All Country World Index
Numbers may not add due to rounding and/or the exclusion of reserves and other assets.
T. Rowe Price uses the MSCI/S&P Global Industry Classification Standard (GICS) for sector and industry reporting. T. Rowe Price will adhere to all future updates to GICS for prospective reporting.
Sector Attribution
(06/30/2021)
Sector
Total Value Added %
Value from Sector Weight %
Value from Stock Selection %
Total
2.87%
0.94%
1.93%
Health Care
0.63%
0.04%
0.59%
Financials
0.62%
-0.00%
0.62%
Communication Services
0.56%
-0.01%
0.57%
Information Technology
0.43%
0.03%
0.40%
Materials
0.11%
0.02%
0.09%
Utilities
0.02%
0.07%
-0.05%
Industrials & Business Services
0.02%
0.01%
0.01%
Real Estate
-0.03%
0.00%
-0.03%
Energy
-0.04%
-0.05%
0.01%
Consumer Discretionary
-0.39%
-0.06%
-0.33%
Benchmark: MSCI All Country World Index
Numbers may not total due to rounding; all numbers are percentages.
Note: Analysis represents the total performance of the portfolio as calculated by the FactSet attribution model and is inclusive of other assets that that will not receive a classification assignment in the detailed structure shown. Returns will not match official T. Rowe Price performance because FactSet uses different exchange rate sources and does not capture intra-day trading. Performance for each security is obtained in the local currency and, if necessary, is converted to U.S. dollars using an exchange rate determined by an independent third party. Figures are shown with gross dividends reinvested.
Source: Financial data and analytics provider FactSet. Copyright 2019 FactSet. All Rights Reserved. MSCI/S&P GICS Sectors; Analysis by T. Rowe Price Associates, Inc. T. Rowe Price uses the current MSCI/S&P Global Industry Classification Standard (GICS) for sector and industry reporting. T. Rowe Price will adhere to all updates to GICS for prospective reporting. Figures are shown gross of fees. Past Performance cannot guarantee future results.
MSCI index returns are shown with gross dividends reinvested.
Country Diversification (06/30/2021)
Country
% of Fund
% of Benchmark
% Underweight/Overweight
Germany
6.25%
2.40%
India
4.82%
1.28%
United Kingdom
7.03%
3.69%
China
6.85%
4.88%
Philippines
1.26%
0.08%
Vietnam
1.11%
0.00%
Brazil
1.70%
0.67%
Indonesia
1.13%
0.14%
Singapore
0.84%
0.27%
Netherlands
1.68%
1.16%
Argentina
0.48%
0.13%
Uruguay
0.33%
0.00%
Peru
0.34%
0.02%
Cayman Islands
0.26%
0.00%
Denmark
0.79%
0.66%
Nigeria
0.12%
0.00%
Austria
0.00%
0.05%
Sweden
0.84%
0.94%
Hong Kong
0.66%
0.82%
South Africa
0.29%
0.46%
Spain
0.37%
0.62%
Italy
0.30%
0.62%
Switzerland
1.86%
2.57%
Canada
1.97%
2.90%
South Korea
0.40%
1.71%
Taiwan
0.35%
1.79%
France
1.21%
2.94%
Australia
0.00%
1.83%
United States
55.72%
58.45%
Japan
0.98%
5.91%
Benchmark: MSCI All Country World Index
A maximum of the 30 largest countries by portfolio rank are displayed and shown in descending order by relative over/underweight.
Numbers may not add due to rounding and/or the exclusion of reserves and other assets.
Region Diversification (06/30/2021)
Region
% of Fund
% of Benchmark
% Underweight/Overweight
Pacific Ex Japan
17.42%
13.23%
Europe
20.34%
17.17%
Latin America
3.10%
1.14%
Middle East & Africa
0.41%
1.20%
North America
57.69%
61.35%
Japan
0.98%
5.91%
Benchmark: MSCI All Country World Index
Numbers may not add due to rounding and/or the exclusion of reserves and other assets.
Region Attribution (06/30/2021)
Region
Total Value Added %
Value from Sector Weight %
Value from Stock Selection %
Total
2.87
1.19
1.69
United States
1.48
-0.06
1.54
Japan
0.40
0.41
-0.02
Developed Europe
0.28
0.02
0.26
Latin America
0.13
0.09
0.04
Canada
0.10
-0.02
0.12
EM EMEA
-0.05
0.01
-0.06
Pacific ex Japan
-0.32
-0.12
-0.20
Benchmark: MSCI All Country World Index
Numbers may not total due to rounding; all numbers are percentages.
Note: Analysis represents the total performance of the portfolio as calculated by the FactSet attribution model and is inclusive of other assets that that will not receive a classification assignment in the detailed structure shown. Returns will not match official T. Rowe Price performance because FactSet uses different exchange rate sources and does not capture intra-day trading. Performance for each security is obtained in the local currency and, if necessary, is converted to U.S. dollars using an exchange rate determined by an independent third party. Figures are shown with gross dividends reinvested.
Sources: Financial data and analytics provider FactSet. Copyright 2019 FactSet. All Rights Reserved. Analysis by T. Rowe Price Associates, Inc. Figures are shown gross of fees. Past Performance cannot guarantee future results.
MSCI index returns are shown with gross dividends reinvested.
Currency Diversification (06/30/2021)
Currency
% of Fund
% of Benchmark
% Underweight/Overweight
U.S. dollar
67.53%
59.77%
Australian dollar
0.00%
1.83%
Canadian dollar
0.00%
2.91%
Mexican peso
0.00%
0.23%
New Zealand dollar
0.00%
0.06%
Dollar Bloc
67.53%
64.78%
Benchmark: MSCI All Country World Index
Currency
% of Fund
% of Benchmark
% Underweight/Overweight
euro
8.73%
8.48%
British pound sterling
5.79%
3.67%
Swiss franc
1.86%
2.50%
Swedish krona
0.84%
0.95%
Danish krone
0.56%
0.66%
Czech koruna
0.00%
0.01%
Hungarian forint
0.00%
0.03%
Norwegian krone
0.00%
0.16%
Polish zloty
0.00%
0.09%
European Bloc
17.79%
16.55%
Benchmark: MSCI All Country World Index
Currency
% of Fund
% of Benchmark
% Underweight/Overweight
Hong Kong dollar
3.58%
4.16%
Japanese yen
0.98%
5.91%
Korean won
0.00%
1.71%
Malaysian ringgit
0.00%
0.16%
New Taiwan dollar
0.00%
1.80%
Singapore dollar
0.00%
0.27%
Thai baht
0.00%
0.21%
Far East Bloc
4.57%
14.22%
Benchmark: MSCI All Country World Index
Currency
% of Fund
% of Benchmark
% Underweight/Overweight
Indian rupee
4.33%
1.28%
Philippine peso
1.27%
0.08%
Vietnamese dong
1.14%
0.00%
Indonesian rupiah
1.13%
0.14%
Offshore Chinese renminbi
0.99%
0.62%
Brazilian real
0.84%
0.67%
South African rand
0.29%
0.46%
Nigerian naira
0.13%
0.00%
Chinese renminbi
0.00%
0.00%
Chilean peso
0.00%
0.06%
Colombian peso
0.00%
0.02%
Egyptian pound
0.00%
0.01%
Israeli shekel
0.00%
0.09%
Kuwaiti dinar
0.00%
0.06%
Pakistan rupee
0.00%
0.00%
Qatar rial
0.00%
0.08%
Russian ruble
0.00%
0.38%
Saudi riyal
0.00%
0.37%
Turkish lira
0.00%
0.03%
United Arab Emirates dirham
0.00%
0.09%
Emerging Markets Bloc
10.11%
4.45%
Benchmark: MSCI All Country World Index
Numbers may not total due to rounding; all numbers are percentages.
Currency Bloc breakdown source: T. Rowe Price
Numbers may not total 100% due to rounding.
Numbers may not total 100% due to rounding.
Numbers may not total 100% due to rounding.
Platforms (Investor Class)
Platform
Retail Investor
Institutional Investor
Pershing
N/A
NTF
TD Ameritrade
NTF
NTF
Schwab
NTF
NTF
Fidelity
NTF
NTF
E*Trade
NTF
N/A
NTFNo Transaction Fee
TFTransaction Fee
N/ANot Available
Calendar Year Performance
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
-10.44%
21.81%
20.11%
8.39%
1.26%
2.61%
34.26%
-7.07%
30.76%
44.24%
Fund
-7.35%
16.13%
22.80%
4.16%
-2.36%
7.86%
23.97%
-9.41%
26.60%
16.25%
Benchmark
-3.09%
5.68%
-2.69%
4.23%
3.62%
-5.25%
10.29%
2.34%
4.16%
27.99%
Value added
Investor Class Inception Date:
10/27/2008
Benchmark:
MSCI All Country World Index Net
Source of data: MSCI. Index returns are shown with gross dividends reinvested.
MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed, or produced by MSCI.
Monthly Performance
Fund
Benchmark
Investor Class Inception Date: 10/27/2008
Benchmark: MSCI All Country World Index Net
Distributions (Investor Class)
Period
Dividend From Net Income (USD)
Short-Term Capital Gains (USD)
Long-Term Capital Gains (USD)
Declaration/Record Date
Ex-Dividend Date
Payment Date
Sort Column
2020 Year End
$0.03
$1.32
-
12/15/2020
12/16/2020
12/17/2020
20201217
2019 Year End
$0.07
-
-
12/16/2019
12/17/2019
12/18/2019
20191218
2018 Year End
-
$0.39
-
12/14/2018
12/17/2018
12/18/2018
20181218
2017 Year End
-
$0.16
$0.05
12/15/2017
12/18/2017
12/19/2017
20171219
Future Declarations
Period
Declaration/Record Date
Ex-Dividend Date
Payment Date
Sort Column
2021 Year End
12/15/2021
12/16/2021
12/17/2021
20211217
Financial Professionals
Client liaisons are available Monday-Thursday from 8 a.m. to 6 p.m. ET and Friday from 8 a.m. to 5 p.m. ET.
Number of years managing the fund. In the case of co-portfolio management, the longer tenure is displayed.
3
Figure applies to all share classes.
N-restricted
Certain limited exceptions may apply to these scenarios. The funds reserve the right, when in the judgment of T. Rowe Price, it is not adverse to a fund's interest, to permit certain types of investors to open new accounts in a fund, to impose further restrictions, or to close a fund to any additional investments, all without notice.
Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, reviewed, or produced by MSCI.
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Scott Berg is the portfolio manager for the T. Rowe Price Global Growth Equity Strategy and a vice president of T. Rowe Price Group, Inc.