Morningstar

T. Rowe Price European Stock Fund PRESX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $26.35  /  +0.84 %
  • Fund Size $807.0M
  • Adjusted Expense Ratio 1.050%
  • Net Expense Ratio 1.050%
  • Fee Level: Distribution Average
  • Share Class Type No Load
  • Morningstar Category Europe Stock
  • Equity Style Box (Funds) Large Growth
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 1.56%
  • Turnover Ratio 53%
NAV and 1-Day Return as of

Morningstar’s Analysis PRESX

Will PRESX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRESX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PRESX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PRESX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Schrott needs to prove himself across market cycles while delivering consistent execution.

Senior Analyst Kongkon Gogoi

Kongkon Gogoi

Senior Analyst

Summary

The limited public track record of the lead manager, coupled with the need to observe consistency of execution over a longer period, continues to cap our conviction. Sebastian Schrott took over as lead manager in January 2025 following a brief six-month transition alongside Tobias Mueller. His observable track record remains limited, and his prior portfolio management experience--primarily on a smaller and less widely followed strategy—does not yet provide sufficient evidence to assess his ability to consistently navigate different market environments.

by Kongkon Gogoi
Rated on Published on

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Portfolio Holdings PRESX

More PRESX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 30.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

ASML Holding NV

6.81 56M
Technology

AstraZeneca PLC

3.28 27M
Healthcare

Airbus SE

3.05 25M
Industrials

Siemens AG

2.92 24M
Industrials

Shell PLC

2.87 24M
Energy

Schneider Electric SE

2.54 21M
Industrials

Unilever PLC

2.51 21M
Consumer Defensive

Ferrari NV

2.25 18M
Consumer Cyclical

Standard Chartered PLC

2.21 18M
Financial Services

Jeronimo Martins SGPS SA

1.92 16M
Consumer Defensive

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