TRTIX Fees and Costs — T. Rowe Price International Value Equity Fund, I Class
Data updated: 2026-09-25
The net expense ratio is 0.68%: a 0.63% management fee plus 0.05% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3.3M in broker commissions, 0.0235% of average net assets, and portfolio turnover was 15%.
TRTIX Fees and Expenses
Annual operating expenses and sales charges of TRTIX. Prospectus, as of December 22, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | — |
| Other expenses | 0.05% |
| Gross expense ratio | 0.68% |
| Fee waiver | — |
| Net expense ratio | 0.68% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
TRTIX Costs Over Time
On $10,000 invested in TRTIX, assuming 5% a year before costs, total costs come to $443 over 5 years, cutting the return by 0.74% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.68%) | $71 | $223 | $389 |
| Trading costs (broker commissions) | $2 | $8 | $13 |
| Lost growth on money paid in costs | $0 | $11 | $40 |
| Total costs | $74 | $243 | $443 |
| Value after costs | $10,426 | $11,334 | $12,320 |
| Impact on return, per year | 0.74% | 0.74% | 0.74% |
TRTIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0235%
- Total broker commissions: $3.3M
- Bought from dealers (principal trades, not a cost): $1.1M
- Portfolio turnover (prospectus): 15%
- Securities on loan, average value: $282.9M
- Net income from securities lending: $1.8M (0.013% of average net assets)
TRTIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $402K | 17.64% |
| BNP PARIBAS | $292K | 12.80% |
| JEFFERIES LLC | $251K | 11.03% |
| GOLDMAN SACHS & CO. LLC | $247K | 10.84% |
| UBS AG | $229K | 10.07% |
| Citigroup Inc. | $214K | 9.37% |
| BOFA SECURITIES, INC. | $185K | 8.12% |
| BARCLAYS CAPITAL INC. | $180K | 7.91% |
| MORGAN STANLEY & CO. LLC | $165K | 7.22% |
| Virtu ITG Hong Kong Limited | $114K | 4.99% |
TRTIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CLSA AMERICAS, LLC | $1.1M | 100.00% |
T. Rowe Price International Value Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TROZX | Z Class | 0.00% | — |
| TRTIX | I Class | 0.68% | — |
| TRIGX | T. Rowe Price International Value Equity Fund | 0.81% | — |
| PAIGX | Advisor Class | 1.08% | — |
| RRIGX | R Class | 1.33% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.