International Equity Index Fund

Seeks to match the performance of the MSCI EAFE Index Net, 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.

Morningstar (Category)

Morningstar
(Overall Rating)1

Foreign Large Blend
  (673 funds)

Data as of 06/30/2021

Data as of 06/30/2021

Fund Manager Tenure2

Net Assets3
(USD)

5yrs
$716.3m

Data as of 06/30/2021

Data as of 06/30/2021

Price
(USD)

Daily Price Change

$16.65
$+0.02

Data as of 07/26/2021

Data as of 07/26/2021

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 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 (Foreign Large Blend)
Overall 673
3 Years 673
5 Years 579
10 Years 385

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
32.83%
Benchmark
32.35%
Value
0.48% 0.48%

Data as of 06/30/2021

3 YR
8.30%
Benchmark
8.27%
Value
0.03% 0.03%

Data as of 06/30/2021

5 YR
10.23%
Benchmark
10.28%
Value
-0.05% -0.05%

Data as of 06/30/2021

10 YR
5.68%
Benchmark
5.89%
Value
-0.21% -0.21%

Data as of 06/30/2021

Benchmark: MSCI EAFE Index Net

Fund Inception: 11/30/2000

Expense Ratio

Gross
0.45%
Net
0.45%

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
9.54%
Benchmark
9.49%
Value
0.05%

Data as of 07/26/2021

Monthly YTD
8.75%
Benchmark
8.83%
Value
-0.08%

Data as of 06/30/2021

One Month
-1.43%
Benchmark
-1.13%
Value
-0.30%

Data as of 06/30/2021

Three Months
5.22%
Benchmark
5.17%
Value
0.05%

Data as of 06/30/2021

Benchmark: MSCI EAFE Index Net

Fund Inception: 11/30/2000

Asset Allocation

Net Assets
(USD)
$716.3m

Data as of 06/30/2021

Largest Global ex-US Stock 98.37% $704.6m
Other View complete

Holdings

Total
Holdings
863

Data as of 06/30/2021

Largest Holding Nestle 2.09% Was (03/31/2021) 1.91%
Other View complete Full Holdings
Top 10 Holdings 12.48% View the latest Top 10 Holdings
12-Month Portfolio Turnover 25.2% Data as of 06/30/2021

Purchase

Nestle
2.08%
Was 1.91%

Sale

SOFTBANK GROUP CORP
0.52%
Was 0.80%

Data as of 06/30/2021

Sectors

Total
Sectors
12

Data as of 06/30/2021

Benchmark: MSCI EAFE Index

Largest Sector Financials 16.61% Was (05/31/2021) 16.92%
Other View complete

Contributor

Industrials & Business Services
By 0.03%
Sector 0.01%
Selection 0.02%

Detractor

Health Care
By -0.02%
Sector -0.02%
Selection 0.00%

Data as of 06/30/2021

Over

Trusts & Funds
By 0.99%
Fund 0.99%
Benchmark 0.00%

Under

Financials
By -0.32%
Fund 16.61%
Benchmark 16.94%

Data as of 06/30/2021

Regions

Total
Regions
6

Data as of 06/30/2021

Benchmark: MSCI EAFE Index

Largest Region Europe 63.23% Was (05/31/2021) 62.01%
Other View complete Region Diversification

Over

North America
By 1.06%
Fund 1.16%
Benchmark 0.10%

Under

Europe
By -1.16%
Fund 63.23%
Benchmark 64.39%

Data as of 06/30/2021

Countries

Total
Countries
28

Data as of 06/30/2021

Benchmark: MSCI EAFE Index

Largest Country Japan 22.71% Was (05/31/2021) 22.57%
Other View complete Country Diversification

Over

United States
By 1.06%
Fund 1.16%
Benchmark 0.10%

Under

Japan
By -0.50%
Fund 22.71%
Benchmark 23.20%

Data as of 06/30/2021

Currency

Total
Currencies
14

Data as of 06/30/2021

Benchmark: MSCI EAFE Index

Largest Currency euro 33.11% Was (05/31/2021) 32.72%
Other View complete Currency Diversification

Over

U.S. dollar
By 1.57%
Fund 2.12%
Benchmark 0.55%

Under

British pound sterling
By -0.57%
Fund 13.82%
Benchmark 14.39%

Data as of 06/30/2021

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 26
  • Years investment
    experience 26

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% 0.45% 0.45% N/A N/A
1

© 2021 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.

The fund may become nondiversified, as defined under the Investment Company Act of 1940, solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the Index.

Effective December 1, 2020, the benchmark for the International Equity Index Fund will change to the MSCI EAFE Index Net.

Dismiss
Tap to dismiss