T. Rowe Price International Discovery Fund
Actively managed developed international stock fund
As of its 2026 Q2 report, T. Rowe Price International Discovery Fund held 241 positions with $6.63B in net assets. Its ten largest holdings made up 14.6% of the fund. Over the 12 months to May 2026, PRIDX returned 23.6%, with dividends reinvested. In 2026 Q3 it added 28 new positions and exited 23.
The fund seeks long-term growth of capital through investments primarily in the common stocks of rapidly growing, small- to medium-sized companies outside the U.S.
The fund invests in small- and mid-cap stocks outside the U.S. through bottom-up fundamental research, seeking companies with above-average long-term earnings growth at reasonable valuations; it maintains at least 80% of assets in non-U.S. stocks across at least 10 countries and typically 100 companies, with significant exposure to Asia and developed Europe. Because country allocation is driven largely by individual stock selection rather than a predetermined geographic benchmark, the fund's regional weightings may diverge materially from broad international market indexes.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
GRS - SECURITY LENDING COLLATERAL | 3.47% | $230.06M | — | — |
BAWAG GROUP AG | 2.87% | $189.94M | 1.1M | $171.25 |
MELIMERCADOLIBRE INC | 1.28% | $84.99M | 47.4K | $1,792.63 |
SPIE SA | 1.24% | $81.85M | 1.4M | $58.02 |
TGS ASA | 1.20% | $79.59M | 4.9M | $16.26 |
SUBSEA 7 SA | 1.03% | $68.40M | 1.9M | $36.02 |
SPIRAX GROUP PLC | 0.96% | $63.95M | 655.2K | $97.60 |
VIRBAC SA | 0.91% | $60.38M | 138.2K | $436.80 |
TRPGRIAT. Rowe Price Government Reserve Fund | 0.83% | $54.99M | — | — |
MONTANA AEROSPACE AG | 0.83% | $54.90M | 2.1M | $26.29 |
Reported price is the fund's own reported value divided by its own reported shares at 2026-04-30 — not a live quote, and not what the fund paid.
The 200 largest of 241 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 98.66% |
| Cash & short-term | 4.30% |
How it has done
PRIDX share class · total returns with dividends reinvested
Volatility over the last 12 months: 16.47%. Past returns are a record, not a forecast.
Jun 2026 and Jul 2026 have been filed since the trailing figures were struck, so they are not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
The 3 share classes hold the same portfolio
| Share class | Expense ratio | 1 year | 3 years | 5 years | Worst fall |
|---|---|---|---|---|---|
| — | +23.59% | +57.42% | +11.34% | -13.09% | |
| — | +23.81% | +58.20% | +12.22% | -13.06% | |
| — | +25.12% | +63.38% | +18.42% | -12.82% |
These classes hold the same portfolio, so the 7.07pp spread over 5 years is the cost difference between them — roughly 1.41pp a year — not a difference in what they own.
Fees & fund details
T. Rowe Price International Discovery Fund is an actively managed developed international equity fund.
- Asset class
- Equity
- Region
- Developed international
- Management
- Actively managed
- Fund type
- Open-end fund
- Portfolio turnover
- 41.30% a year · as of 2025 Q4
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
28 new· the largest 8
23 exited· the largest 8
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
This fund filed the credit-spread disclosure and reported no sensitivity — measured, and the answer is none.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 1 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 5 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 10 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
A newer credit-spread reading (2026Q3) is on file. This page holds one quarter across every figure on it, so that one appears here next quarter.
Understand how this fund fits with the rest.
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