# T. Rowe Price European Stock (PRESX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/presx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: T. Rowe Price · Asset class: Equity - Strategy: Actively Managed · Inception: 1990-02-28 The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in stocks of European companies. Under normal conditions, at least five countries will be represented in the fund's portfolio. It may purchase the stocks of companies of any size. The fund seeks to purchase the stocks of companies with quality management and strong cash flows, and does not emphasize either a growth or value bias in selecting investments. ## Key Facts | Metric | Value | |---|---| | Price | $26.77 | | Expense Ratio | 1.05% | | Assets Under Management | $825.5M | | NAV | $26.77 | | Holdings Count | — | | Distribution Yield (TTM) | 10.06% | | Annual Distribution (TTM) | $2.69 /share | | Distribution Frequency | Annual | | 52-Week Range | $23.12 – $28.06 | | Beta | 0.92 | ## Latest Distribution - Amount: $2.6927 /share - Ex-date: 2025-12-12 - Pay date: 2025-12-15 ## Frequently Asked Questions ### What does PRESX invest in? The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in stocks of European companies. Under normal conditions, at least five countries will be represented in the fund's portfolio. It may purchase the stocks of companies of any size. The fund seeks to purchase the stocks of companies with quality management and strong cash flows, and does not emphasize either a growth or value bias in selecting investments. ### What is the expense ratio of PRESX? T. Rowe Price European Stock (PRESX) charges an expense ratio of 1.05%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is PRESX? T. Rowe Price European Stock (PRESX) manages $825.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is PRESX actively managed or an index fund? PRESX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRESX's is 1.05%) in exchange for the discretion to over- or under-weight positions. ### When was PRESX launched? T. Rowe Price European Stock (PRESX) launched in February 1990 and is managed by T. Rowe Price. ### How has PRESX performed? PRESX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does PRESX pay a dividend? T. Rowe Price European Stock (PRESX) currently distributes little or no income. Trailing-twelve-month yield is 10.06%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PRESX pay dividends? T. Rowe Price European Stock pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PRESX's dividend yield? PRESX's trailing-twelve-month yield is 10.06%, calculated from the sum of dividends over the past year divided by the current price. ### When is PRESX's next ex-dividend date? The most recently announced ex-dividend date for PRESX was 2025-12-12. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will PRESX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.05% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PRESX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PRESX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PRESX cost more than a fund like VOO? PRESX is actively managed (current expense ratio 1.05%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether PRESX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PRESX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PRESX (1.05%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/presx - Distribution history: https://www.dividenddata.com/funds/presx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/presx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/presx/expenses - Peer comparison: https://www.dividenddata.com/funds/presx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.