# T. Rowe Price Em Mkts Discv Stk (PRIJX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/prijx 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: 2015-09-14 This fund is designed to primarily allocate at least 80% of its total assets (including any capital derived from borrowings) to equity securities issued by companies operating within emerging markets. While it retains the flexibility to invest in businesses of any market capitalization, its general strategy involves targeting large-capitalization stocks that the portfolio manager identifies as undervalued through a variety of assessment methods. It is important to note that the fund manager categorizes frontier markets as a component of emerging markets, and therefore, any holdings in these... ## Key Facts | Metric | Value | |---|---| | Price | $20.53 | | Expense Ratio | 1.13% | | Assets Under Management | $6.13B | | NAV | $20.53 | | Holdings Count | — | | Distribution Yield (TTM) | 3.96% | | Annual Distribution (TTM) | $0.81 /share | | Distribution Frequency | Annual | | 52-Week Range | $17.25 – $23.61 | | Beta | 1.05 | ## Latest Distribution - Amount: $0.8129 /share - Ex-date: 2025-12-12 - Pay date: 2025-12-15 ## Frequently Asked Questions ### What does PRIJX invest in? This fund is designed to primarily allocate at least 80% of its total assets (including any capital derived from borrowings) to equity securities issued by companies operating within emerging markets. While it retains the flexibility to invest in businesses of any market capitalization, its general strategy involves targeting large-capitalization stocks that the portfolio manager identifies as undervalued through a variety of assessment methods. It is important to note that the fund manager categorizes frontier markets as a component of emerging markets, and therefore, any holdings in these frontier regions will contribute to meeting the fund's mandatory 80% emerging market investment threshold. ### What is the expense ratio of PRIJX? T. Rowe Price Em Mkts Discv Stk (PRIJX) charges an expense ratio of 1.13%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is PRIJX? T. Rowe Price Em Mkts Discv Stk (PRIJX) manages $6.13B 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 PRIJX actively managed or an index fund? PRIJX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRIJX's is 1.13%) in exchange for the discretion to over- or under-weight positions. ### When was PRIJX launched? T. Rowe Price Em Mkts Discv Stk (PRIJX) launched in September 2015 and is managed by T. Rowe Price. ### How has PRIJX performed? PRIJX'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 PRIJX pay a dividend? T. Rowe Price Em Mkts Discv Stk (PRIJX) currently distributes little or no income. Trailing-twelve-month yield is 3.96%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PRIJX pay dividends? T. Rowe Price Em Mkts Discv Stk pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PRIJX's dividend yield? PRIJX's trailing-twelve-month yield is 3.96%, calculated from the sum of dividends over the past year divided by the current price. ### When is PRIJX's next ex-dividend date? The most recently announced ex-dividend date for PRIJX 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 PRIJX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.13% 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 PRIJX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PRIJX'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 PRIJX cost more than a fund like VOO? PRIJX is actively managed (current expense ratio 1.13%). 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 PRIJX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PRIJX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PRIJX (1.13%) 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/prijx - Distribution history: https://www.dividenddata.com/funds/prijx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/prijx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/prijx/expenses - Peer comparison: https://www.dividenddata.com/funds/prijx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.