International Equity Index Fund

Seeks to match the performance of the FTSE Developed ex North America Index, an equity market index based on the market capitalization of over 1,000 predominately large companies listed in Japan, the U.K., and developed countries in Continental Europe and the Pacific Rim.

Share prices are subject to market risk, as well as risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad.

PIEQXCUSIP 77958A107
Prospectus

Morningstar (Category)

Morningstar
(Overall Rating)1

Foreign Large Blend
  (611 funds)

Data as of 09/30/2019

Data as of 09/30/2019

Fund Manager Tenure2

Net Assets3
(USD)

3yrs
$572.4m

Data as of 09/30/2019

Data as of 09/30/2019

Price
(USD)

Daily Price Change

$13.54
$+0.23

Data as of 10/11/2019

Data as of 10/11/2019

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™.

Neil Smith
Neil Smith, Portfolio Manager

Neil Smith is the head of International Portfolio Modeling and an executive vice president and chairman of the Investment Advisory Committee of the T. Rowe Price International Equity Index Fund, Inc. He is also a member of the Valuation Committee. Mr. Smith is a vice president of T. Rowe Price Group, Inc., T. Rowe Price International Ltd, T. Rowe Price Hong Kong Limited and T. Rowe Price Singapore Private Ltd.

View more

Strategy

Investment Objective

The fund seeks to provide long-term capital growth.

Morningstar Equity Style

Large Blend

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.

Morningstar Rating

Period Rating Funds In Category (Foreign Large Blend)
Overall 611
3 Years 611
5 Years 489
10 Years 365

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
-2.39%
Benchmark
-2.39%
Value
0.00% 0.00%

Data as of 09/30/2019

3 YR
6.01%
Benchmark
6.28%
Value
-0.27% -0.27%
5 YR
3.13%
Benchmark
3.34%
Value
-0.21% -0.21%
10 YR
4.72%
Benchmark
4.96%
Value
-0.24% -0.24%

Expense Ratio

Gross
0.46%
Net
0.46%

Benchmark: FTSE Developed ex North America Index Net

Fund Inception: 11/30/2000

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.

Current Year Performance (Investor Class)

Daily YTD
12.55%
Benchmark
12.42%
Value
0.13%

Data as of 10/11/2019

Monthly YTD
11.80%
Benchmark
11.92%
Value
-0.12%

Data as of 09/30/2019

One Month
3.14%
Benchmark
3.09%
Value
0.05%
Three Months
-1.18%
Benchmark
-1.16%
Value
-0.02%

Benchmark: FTSE Developed ex North America Index Net

Fund Inception: 11/30/2000

Asset Allocation

Net Assets
(USD)
$572.4m
Largest Global ex-US Stock 98.16% $561.9m
Other View complete Asset Allocation

Data as of 09/30/2019

Holdings

Total
Holdings
1511
Largest Holding Nestle 1.97% Was (03/31/2019) 1.88%
Other View complete Full Holdings
Top 10 Holdings 12.30% View the latest Top 10 Holdings
12-Month Portfolio Turnover 9.1% Data as of 09/30/2019

Data as of 06/30/2019

Purchase

Alcon (N)
0.18%
Was 0.00%

Sale

Total
0.86%
Was 0.91%

Data as of 06/30/2019

Sectors

Total
Sectors
12
Largest Sector Financials 17.86% Was (08/31/2019) 17.41%
Other View complete Sector Diversification

Data as of 09/30/2019

Benchmark: FTSE All World Developed ex North America Index

Contributor

Financials
By 0.02%
Sector 0.01%
Selection 0.01%

Detractor

Consumer Staples
By -0.01%
Sector -0.01%
Selection -0.00%

Data as of 09/30/2019

Over

Trusts & Funds
By 0.92%
Fund 0.92%
Benchmark 0.00%

Under

Financials
By -0.36%
Fund 17.86%
Benchmark 18.22%

Data as of 09/30/2019

Regions

Total
Regions
6
Largest Region Europe 57.66% Was (08/31/2019) 58.01%
Other View complete Region Diversification

Data as of 09/30/2019

Benchmark: FTSE All World Developed ex North America Index

Contributor

Pacific ex Japan
By 0.03%
Region 0.02%
Selection 0.01%

Detractor

Japan
By -0.02%
Region -0.03%
Selection 0.00%

Data as of 09/30/2019

Over

North America
By 0.47%
Fund 0.54%
Benchmark 0.07%

Under

Europe
By -1.08%
Fund 57.66%
Benchmark 58.74%

Data as of 09/30/2019

Countries

Total
Countries
34
Largest Country Japan 24.22% Was (08/31/2019) 24.06%
Other View complete Country Diversification

Data as of 09/30/2019

Benchmark: FTSE All World Developed ex North America Index

Over

United States
By 0.47%
Fund 0.54%
Benchmark 0.07%

Under

United Kingdom
By -0.25%
Fund 15.19%
Benchmark 15.43%

Data as of 09/30/2019

Currency

Total
Currencies
15
Largest Currency euro 29.12% Was (08/31/2019) 29.10%
Other View complete Currency Diversification

Data as of 09/30/2019

Benchmark: FTSE All World Developed ex North America Index

Over

U.S. dollar
By 1.53%
Fund 1.70%
Benchmark 0.17%

Under

British pound sterling
By -0.65%
Fund 15.07%
Benchmark 15.73%

Data as of 09/30/2019

Team (As of )

Neil Smith

Neil Smith
Portfolio Manager

Neil Smith is the head of International Portfolio Modeling and an executive vice president and chairman of the Investment Advisory Committee of the T. Rowe Price International Equity Index Fund, Inc. He is also a member of the Valuation Committee. Mr. Smith is a vice president of T. Rowe Price Group, Inc., T. Rowe Price International Ltd, T. Rowe Price Hong Kong Limited and T. Rowe Price Singapore Private Ltd.

  • Fund manager
    since 2016
  • Years at
    T. Rowe Price 25
  • Years investment
    experience 25

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
Investor Class
Cusip 77958A107
$2,500 $100 0.00% 0.46% 0.46% N/A N/A
1

© 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.

2

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.

Effective June 1, 2019, the "net" version of the benchmark replaced the "gross" version of the benchmark.  The "net" version of the benchmark assumes the reinvestment of dividends after the deduction of withholding taxes.

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