T. Rowe Price New Asia Fund (PRASX)
The investment seeks long-term growth of capital through investments primarily in the common stocks of companies located (or with primary operations) in Asia (excluding Japan). The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in Asian companies (excluding Japanese companies). For purposes of determining whether the fund invests at least 80% of its net assets in Asian companies, it relies on the country assigned to a security by MSCI, Inc. or another unaffiliated data provider. It is non-diversified.
Fund Info
| ISIN | US77956H5000 |
|---|---|
| CUSIP | 77956H500 |
| Issuer | T. Rowe Price |
| Inception Date | Sep 27, 1990 |
| Category | Asia Pacific Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
PRASX has a high expense ratio of 0.99%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: PRASX vs. ANWPX, PRASX vs. PRWAX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in T. Rowe Price New Asia Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
T. Rowe Price New Asia Fund had a return of 4.11% year-to-date (YTD) and 2.53% in the last 12 months. Over the past 10 years, T. Rowe Price New Asia Fund had an annualized return of 4.42%, while the S&P 500 had an annualized return of 10.71%, indicating that T. Rowe Price New Asia Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 4.11% | 8.76% |
| 1 month | 2.55% | -0.32% |
| 6 months | 9.00% | 18.48% |
| 1 year | 2.53% | 25.36% |
| 5 years (annualized) | 2.73% | 12.60% |
| 10 years (annualized) | 4.42% | 10.71% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -6.01% | 5.72% | 1.40% | 0.19% | ||||||||
| 2023 | -3.29% | 6.26% | 3.09% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PRASX is 9, indicating that it is in the bottom 9% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
PRASX (T. Rowe Price New Asia Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for T. Rowe Price New Asia Fund (PRASX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
T. Rowe Price New Asia Fund granted a 1.70% dividend yield in the last twelve months. The annual payout for that period amounted to $0.28 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.28 | $0.28 | $0.31 | $2.99 | $0.12 | $0.15 | $1.12 | $1.89 | $0.20 | $0.20 | $0.81 | $0.70 |
Dividend yield | 1.70% | 1.77% | 1.96% | 14.22% | 0.46% | 0.77% | 7.23% | 9.66% | 1.32% | 1.31% | 4.97% | 4.37% |
Monthly Dividends
The table displays the monthly dividend distributions for T. Rowe Price New Asia Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.99 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.15 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.12 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.89 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.81 |
| 2013 | $0.70 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the T. Rowe Price New Asia Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the T. Rowe Price New Asia Fund was 80.70%, occurring on Sep 1, 1998. Recovery took 2193 trading sessions.
The current T. Rowe Price New Asia Fund drawdown is 31.54%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -80.7% | Dec 27, 1993 | 1222 | Sep 1, 1998 | 2193 | May 14, 2007 | 3415 |
| -70.53% | Nov 1, 2007 | 266 | Nov 20, 2008 | 1120 | May 8, 2013 | 1386 |
| -55.66% | Jul 6, 1992 | 37 | Aug 25, 1992 | 124 | Feb 15, 1993 | 161 |
| -54.92% | May 28, 1991 | 60 | Aug 19, 1991 | 130 | Feb 17, 1992 | 190 |
| -51.98% | Jun 1, 1993 | 18 | Jun 24, 1993 | 52 | Sep 6, 1993 | 70 |
Volatility
Volatility Chart
The current T. Rowe Price New Asia Fund volatility is 5.04%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.