T. Rowe Price Latin America Fund (PRLAX)

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The chart shows the growth of an initial investment of $10,000 in T. Rowe Price Latin America Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

T. Rowe Price Latin America Fund (PRLAX) has returned 7.33% so far this year and 41.25% over the past 12 months. Over the last ten years, PRLAX has returned 7.56% per year, falling short of the S&P 500 Index benchmark, which averaged 12.16% annually.

Based on dividend-adjusted daily data since Jan 3, 1994, PRLAX's average daily return is +0.04%, while the average monthly return is +0.89%. At this rate, your investment would double in approximately 6.5 years.

Historically, 58% of months were positive and 42% were negative. The best month was Nov 2020 with a return of +22.8%, while the worst month was Aug 1998 at -38.2%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 6 months.

On a daily basis, PRLAX closed higher 52% of trading days. The best single day was Oct 13, 2008 with a return of +24.7%, while the worst single day was Oct 27, 1997 at -16.4%.

T. Rowe Price Latin America Fund has an annualized alpha of 0.39%, beta of 1.05, and R² of 0.45 versus S&P 500 Index. Calculated based on daily prices since January 04, 1994.

• This fund participated in 123.85% of S&P 500 Index downside but only 119.21% of its upside — more exposed to losses than it benefited from rallies.
• R² of 0.45 means the benchmark explains less than half of this fund's behavior — treat beta with caution or consider switching to a more representative benchmark.

PRLAX has a high expense ratio of 1.46%, indicating above-average management fees.

PRLAX ranks 87 for risk / return — in the top 87% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.

The table below present risk-adjusted performance metrics for T. Rowe Price Latin America Fund (PRLAX) and compare them to a chosen benchmark (S&P 500 Index).

T. Rowe Price Latin America Fund provided a 6.61% dividend yield over the last twelve months, with an annual payout of $1.57 per share. The fund has been increasing its distributions for 3 consecutive years.

The table displays the monthly dividend distributions for T. Rowe Price Latin America Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the T. Rowe Price Latin America 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 Latin America Fund was 70.03%, occurring on Nov 20, 2008. Recovery took 4269 trading sessions.

The current T. Rowe Price Latin America Fund drawdown is 10.28%.

The chart below shows the rolling one-month volatility.