TRCLX — T. Rowe Price China Evolution Equity Fund
Data updated: 2026-06-25
TRCLX — T. Rowe Price China Evolution Equity Fund. Holdings, fees, performance and SEC filings.
TRCLX Fund Overview
TRCLX — T. Rowe Price China Evolution Equity Fund is a US mutual fund managed by T. Rowe Price International Funds, Inc., categorised as Emerging Markets Multi-Cap / All-Cap Blend / Core Information Technology Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: T. Rowe Price International Funds, Inc.
- Category: Emerging Markets Multi-Cap / All-Cap Blend / Core Information Technology Equity
- Assets under management: $96.05M
- 1-year return: 64.3%
- Ticker: TRCLX
- SEC CIK: 0000313212
- SEC series ID: S000066812
- Share class ID: C000215156
TRCLX Holdings
Top 10 holdings of T. Rowe Price China Evolution Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| T. Rowe Price Government Reserve Fund | 6.77% |
| Kingboard Laminates Hldg Ltd. | 4.74% |
| Unimicron Technology Corp. | 4.55% |
| Ubs AG | 3.50% |
| Yunnan Aluminium Co. Ltd. | 3.04% |
| Hdgf | 2.71% |
| Lotes Co. Ltd. | 2.28% |
| Calb Group Co. Ltd. | 2.27% |
| China Jushi Co. Ltd. | 2.26% |
| Weichai Power Co. Ltd. | 2.23% |
TRCLX Portfolio Allocation
Asset-class allocation of T. Rowe Price China Evolution Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 93.7% |
| Cash & Equivalents | 8.5% |
TRCLX Performance
Total returns for TRCLX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 25.2% |
| 1 year | 64.3% |
| 3 years (annualised) | 17.2% |
| 5 years (annualised) | 1.8% |
TRCLX Risk Information
Risk metrics for TRCLX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 23.0%
TRCLX Costs and Fees
TRCLX costs about $103 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.03%
- Gross expense ratio: 1.73%
- Portfolio turnover: 104%
- Brokerage commissions: 20.34 bps of average net assets (SEC N-CEN)
TRCLX Cashflows
Over the 12 months to 2026-04, T. Rowe Price China Evolution Equity Fund had net inflows of $23.05M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-04 | $7.66M |
| 2026-03 | −$8.04M |
| 2026-02 | $6.49M |
| 2026-01 | $5.36M |
| 2025-12 | $3.13M |
| 2025-11 | −$919.07K |
TRCLX Debt Constituents
No individual debt constituents are reported in T. Rowe Price China Evolution Equity Fund's latest SEC N-PORT filing.
TRCLX Prospectus and SEC Filings
Official T. Rowe Price China Evolution Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-12-22
- Prospectus (485BPOS) — filed 2024-12-19
- Prospectus (485BPOS) — filed 2024-02-28
- Portfolio holdings (N-PORT) — filed 2026-06-25
- Portfolio holdings (N-PORT) — filed 2026-03-30
- Portfolio holdings (N-PORT) — filed 2025-12-22
- Annual census (N-CEN) — filed 2026-01-13
- Annual census (N-CEN) — filed 2025-01-14
Related Funds
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Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.