Global Stock Fund - Advisor Class
Invests in a variety of industries in developed and, to a lesser extent, emerging markets. Invests in firms taking market share in the global economy and demonstrating strong free cash flow, sustainable margins, long product cycles, and experienced management teams.
Share prices are subject to the risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad.
Morningstar (Category)
Morningstar
(Overall Rating)1
Data as of 09/30/2019
Data as of 09/30/2019
Fund Manager Tenure2
Net Assets3
(USD)
Data as of 09/30/2019
Data as of 09/30/2019
Price
(USD)
Daily Price Change
Data as of 10/16/2019
Data as of 10/16/2019
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™.
Strategy
Investment Objective
The fund seeks long-term growth of capital through investments primarily in the common stocks of established companies throughout the world, including the U.S.Morningstar Equity Style
Large Growth
Data as of 09/30/2019
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.
Average Annual Total Returns (Advisor Class)
1 YR
2.94%Benchmark
1.38%Value
1.56%Data as of 09/30/2019
3 YR
14.15%Benchmark
9.71%Value
4.44%5 YR
11.67%Benchmark
6.65%Value
5.02%10 YR
11.35%Benchmark
8.35%Value
3.00%Expense Ratio
Gross
1.09%Net
1.09%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.
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.
*The T. Rowe Price Funds-Advisor Class share the portfolio of an existing fund (the original share class of the fund is referred to as the "investor class"). The total return figures for Advisor Class shares have been calculated using the performance data of the investor class up to the inception date of the Advisor Class (shown above) and the actual performance results of the Advisor Class since that date. The performance results of the investor class have not been adjusted to reflect the 12b-1 fee associated with the Advisor Class (0.25%). Had this fee been included, the performance would have been lower.
Current Year Performance (Advisor Class)
Daily YTD
21.59%Benchmark
17.29%Value
4.30%Data as of 10/16/2019
Monthly YTD
19.84%Benchmark
16.20%Value
3.64%Data as of 09/30/2019
One Month
0.37%Benchmark
2.10%Value
-1.73%Three Months
-1.06%Benchmark
-0.03%Value
-1.03%*The T. Rowe Price Funds-Advisor Class share the portfolio of an existing fund (the original share class of the fund is referred to as the "investor class"). The total return figures for Advisor Class shares have been calculated using the performance data of the investor class up to the inception date of the Advisor Class (shown above) and the actual performance results of the Advisor Class since that date. The performance results of the investor class have not been adjusted to reflect the 12b-1 fee associated with the Advisor Class (0.25%). Had this fee been included, the performance would have been lower.
Asset Allocation
Net Assets
(USD)
$2.2b
Holdings
Total
Holdings
78
Largest Contributor
JPMorgan Chase
3.01%Largest Detractor
Tencent Holdings
2.36%Purchase
Advanced Micro Devices (N)
1.45%Sale
Essity (E)
0.00%Sectors
Total
Sectors
11
Contributor
Materials
By 0.57%Detractor
Communication Services
By -0.75%Over
Information Technology
By 15.14%Under
Consumer Staples
By -7.12%MSCI index returns are shown with gross dividends reinvested.
Regions
Total
Regions
5
Contributor
Japan
By 0.35%Detractor
United States
By -1.15%Over
Pacific Ex Japan
By 4.85%Under
North America
By -6.61%Countries
Total
Countries
21
Over
China
By 3.26%Under
United States
By -5.07%Numbers may not total due to rounding; all numbers are percentages.
Currency
Total
Currencies
13
Over
U.S. dollar
By 4.76%Under
Canadian dollar
By -3.08%Team (As of )
David J. Eiswert
Lead Portfolio Manager
David Eiswert is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is the portfolio manager for the Global Focused Growth Equity Strategy, a role he has held since October 1, 2012. Prior to his current role, Mr. Eiswert was the portfolio manager for the Global Technology Strategy from October 2008 until May 2012. He was a technology analyst from 2003 until 2012. Mr. Eiswert is a vice president of T. Rowe Price Group, Inc.
- Fund manager
since 2012 - Years at
T. Rowe Price 16 - Years investment
experience 19
Josh Nelson
Portfolio Manager
Josh Nelson is a director of research in the U.S. Equity Department of T. Rowe Price. Previously, he was an associate portfolio manager for the Global Focused Growth Equity Strategy. He is on the Investment Advisory Committee of the Global Stock Strategy. He also serves on the Equity Steering Committee. Mr. Nelson is a vice president of T. Rowe Price Group, Inc.
- Years at
T. Rowe Price 12 - Years investment
experience 17
Kurt A. Umbarger
Portfolio Specialist
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.
- Years at
T. Rowe Price 26 - Years investment
experience 26
Laurence Taylor
Portfolio Specialist
Laurence Taylor is a portfolio specialist in the Equity Division at T. Rowe Price, representing the firm's global equity strategies to institutional clients, consultants and prospects. Mr. Taylor is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd.
- Years at
T. Rowe Price 10 - Years investment
experience 19
For a complete list of the members of the fund's Investment Advisory Committee, please refer to the fund's prospectus.
How to Invest
View platform information| Share Class | Min Initial Investment (USD) | Min Subsequent Investment (USD) | 12b-1 Fee | Expense Ratio | |||
|---|---|---|---|---|---|---|---|
| Gross | Net | Limitation Type | Limitation Expiration Date | ||||
|
Advisor Class Cusip 77956H765 |
$2,500 | $100 | 0.25% | 1.09% | 1.09% | N/A | N/A |
|
Investor Class Cusip 77956H856 |
$2,500 | $100 | 0.00% | 0.82% | 0.82% |
N/A |
N/A |
|
I Class Cusip 77956H328 |
$1,000,000* | N/A | 0.00% | 0.68% | 0.68% |
N/A |
N/A |
* Minimum initial investment $1,000,000. Minimum is generally waived for intermediaries, certain retirement plans, and certain institutional client accounts.
© 2019 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Number of years managing the fund. In the case of co-portfolio management, the longer tenure is displayed.
Figure applies to all share classes.
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.
David Eiswert is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is the portfolio manager for the Global Focused Growth Equity Strategy, a role he has held since October 1, 2012. Prior to his current role, Mr. Eiswert was the portfolio manager for the Global Technology Strategy from October 2008 until May 2012. He was a technology analyst from 2003 until 2012. Mr. Eiswert is a vice president of T. Rowe Price Group, Inc.