T. Rowe Price Em Mkts Discv Stk (PRIJX)
T. Rowe Price Em Mkts Discv Stk operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $21.92, up 1.86% on the session, giving a market capitalisation of $6.47B. Its beta of 1.05 implies it has historically moved more than the broad market.
This fund is designed to primarily allocate at least 80% of its total assets (including any capital derived from borrowings) to equity securities issued by companies operating within emerging markets. While it retains the flexibility to invest in businesses of any market capitalization, its general strategy involves targeting large-capitalization stocks that the portfolio manager identifies as undervalued through a variety of assessment methods. It is important to note that the fund manager categorizes frontier markets as a component of emerging markets, and therefore, any holdings in these frontier regions will contribute to meeting the fund's mandatory 80% emerging market investment threshold.
T. Rowe Price Em Mkts Discv Stk is most often compared with the following Financial Services names: