QAAGYX
T. Rowe Price International Stock Portfolio
T. ROWE PRICE INTERNATIONAL SERIES, INC.
Expense ratio1
0.95%
Net assets2
$238.73M
Holdings2
119
Category
International Equity
2025 return3
18.40%

Investment objective & strategy

As of April 24, 2025 · prospectus

Objective. The fund seeks long-term growth of capital through investments primarily in the common stocks of established, non-U.S. companies.

Strategy. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in stocks. The fund expects to primarily invest in stocks outside the U.S. and to diversify broadly across a variety of industries in developed and emerging market countries throughout the world. The fund normally invests in at least five countries and may purchase the stocks of companies of any size, but its focus is typically on large-cap companies. The fund relies on MSCI Inc., a third-party provider of benchmark indexes and data services, or another unaffiliated data provider to determine the country assigned to a security. Any derivatives that provide exposure to the investment focus suggested by the funds name, or to one … The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in stocks. The fund expects to primarily invest in stocks outside the U.S. and to diversify broadly across a variety of industries in developed and emerging market countries throughout the world. The fund normally invests in at least five countries and may purchase the stocks of companies of any size, but its focus is typically on large-cap companies. The fund relies on MSCI Inc., a third-party provider of benchmark indexes and data services, or another unaffiliated data provider to determine the country assigned to a security. Any derivatives that provide exposure to the investment focus suggested by the funds name, or to one or more market risk factors associated with the investment focus suggested by the funds name, are counted (as applicable) toward compliance with the funds 80% investment policy. While the adviser invests with an awareness of the global economic backdrop and the advisers outlook for certain industries, sectors, and individual countries, the advisers decision-making process focuses on bottom-up stock selection. Country allocation is driven largely by stock selection, though the adviser may limit investments in markets or industries that appear to have poor overall prospects. Security selection reflects a growth style. The adviser relies on a global team of investment analysts dedicated to in-depth fundamental research in an effort to identify companies capable of achieving and sustaining above-average, long-term earnings growth. The adviser seeks to purchase stocks of companies at reasonable prices in relation to present or anticipated earnings, cash flow, or book value. In selecting investments, the adviser generally favors companies with one or more of the following characteristics: ? leading or improving market position; ? attractive business niche; ? attractive or improving franchise or industry position; ? seasoned management; ? stable or improving earnings and/or cash flow; and ? sound or improving balance sheet. The fund typically has significant investments in Asian and developed European countries. At times, the fund may have a significant portion of its assets invested in the same economic sector.

Top holdings

As of March 31, 2026 · N-PORT
SecurityTickerValue% of fund
TSMC $23.02M 9.64%
ASML Holding NV $8.98M 3.76%
SAMSUNG ELECTRONICS CO LTD $7.86M 3.29%
TREASURY RESERVE FUND - Collateral $7.28M 3.05%
ASTRAZENECA PLC $6.20M 2.60%
PROSUS NV $4.18M 1.75%
CAN NATL RAILWAY $3.93M 1.64%
RENESAS ELECTRON $3.87M 1.62%
SHIN-ETSU CHEM $3.68M 1.54%
SAFRAN SA $3.58M 1.50%
View all holdings →

Allocation by sector

As of March 31, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Dec 31, 2025 → Mar 31, 2026
Opened
15
Exited
10
Increased
40
Decreased
42
Unchanged
24

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

View portfolio moves →

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Advisers

As of December 31, 2025 · N-CEN
FirmRole
T. Rowe Price Associates, Inc. Adviser
T. Rowe Price International Ltd Sub-adviser

Footnotes

  1. Expense ratio as of April 24, 2025, from the fund's prospectus.
  2. Net assets and holdings count as of March 31, 2026, from the fund's N-PORT filing.
  3. Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).

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