TIDDX
T. Rowe Price International Discovery Fund
T. ROWE PRICE INTERNATIONAL FUNDS, INC.
Expense ratio1
1.08%
Net assets2
$6.73B
Holdings2
238
Category
International Equity
2025 return3
25.74%

Investment objective & strategy

As of Dec. 22, 2025 · prospectus

Objective. 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.

Strategy. The fund focuses its investments in securities outside the U.S. and seeks to diversify broadly across a variety of industries in developed and emerging market countries throughout the world. The fund normally invests at least 80% of its net assets in non-U.S. stocks. Depending on market conditions, the funds portfolio is normally composed of investments in at least 10 countries and 100 different 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. 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 … The fund focuses its investments in securities outside the U.S. and seeks to diversify broadly across a variety of industries in developed and emerging market countries throughout the world. The fund normally invests at least 80% of its net assets in non-U.S. stocks. Depending on market conditions, the funds portfolio is normally composed of investments in at least 10 countries and 100 different 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. 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. The fund typically focuses its investments in small- and mid-cap companies. 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 high-quality 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. 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, such as industrial and business services sector.

Top holdings

As of Jan. 31, 2026 · N-PORT
SecurityTickerValue% of fund
BAWAG GROUP AG $183.60M 2.73%
TREASURY RESERVE FUND - Collateral $140.18M 2.08%
T Rowe Price Government Reserve Investment Fund TRPGRIA $126.18M 1.88%
SPIE SA $122.33M 1.82%
MERCADOLIBRE INC $103.61M 1.54%
MONTANA AEROSPAC $91.70M 1.36%
FLATEXDEGIRO SE $70.58M 1.05%
SPIRAX GROUP PLC COMMON STOCK SPX $66.44M 0.99%
ERO COPPER CORP $60.08M 0.89%
HANWA CO LTD $59.23M 0.88%
View all holdings →

Allocation by sector

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

Portfolio moves

Oct 31, 2025 → Jan 31, 2026
Opened
23
Exited
28
Increased
31
Decreased
61
Unchanged
123

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 →

Similar funds

Funds whose portfolios most overlap this one, by weight
FundOverlapNet exp.
T. Rowe Price Japan Fund · PRJPX, RJAIX, TRZJX 20% 0.00%
T. Rowe Price China Evolution Equity Fund · TCELX, TRCLX 14% 1.03%
International Opportunities Fund · VIOPX 11% 1.01%
View all similar funds →

Advisers

As of October 31, 2025 · N-CEN
FirmRole
T. Rowe Price Associates, Inc. Adviser
T. Rowe Price Hong Kong Limited Sub-adviser
T. Rowe Price International Ltd Sub-adviser
T. Rowe Price Japan, Inc. Sub-adviser

Footnotes

  1. Expense ratio as of December 22, 2025, from the fund's prospectus.
  2. Net assets and holdings count as of January 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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