T. Rowe Price International Stock Fund (PRITX)
Filed: 10 Sep 19, 12:00am
T. Rowe Price International Funds, Inc.
T. Rowe Price U.S. Equity Research Fund, Inc.
T. Rowe Price Investment Services, Inc., principal underwriter
100 East Pratt Street
Baltimore, Maryland 21202
September 10, 2019
VIA EDGAR
Mindy Rotter and Ryan Sutcliffe, Esq.
U.S. Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
Re: T. Rowe Price International Funds, Inc.
File No. 333-232959
T. Rowe Price U.S. Equity Research Fund, Inc.
File No. 333-232953
(collectively with know as the “Registrants”)
Registration Statement on Form N-14
Pre-Effective Amendment No. 1
Dear Ms. Rotter and Mr. Sutcliffe:
Pursuant to Rule 461 under the Securities Act of 1933, the Registrants, on behalf of the Acquiring Funds (each as defined below), requests acceleration of the effective date of Pre-Effective Amendment No. 1 to their Registration Statement on Form N-14 (Accession Nos. 0000313212-19-000123 and 0000931151-19-000013) (the “Amendment”) so that the Amendment is declared effective on Wednesday, September 11, 2019, or as soon as practicable thereafter. The Amendment relates to the following reorganizations:
Target Funds | Acquiring Funds |
T. Rowe Price Institutional Global Focused Growth Equity Fund, series of T. Rowe Price Institutional International Funds, Inc. | T. Rowe Price Global Stock Fund, series of T. Rowe Price International Funds, Inc. |
T. Rowe Price Institutional Global Growth Equity Fund, series of T. Rowe Price Institutional International Funds, Inc. | T. Rowe Price Global Growth Stock Fund, series of T. Rowe Price International Funds, Inc. |
Page 2
Target Funds | Acquiring Funds |
T. Rowe Price Institutional U.S. Structured Research Fund, series of T. Rowe Price Institutional Equity Funds, Inc. | T. Rowe Price U.S. Equity Research Fund, series of T. Rowe Price U.S. Equity Research Fund, Inc. |
We request that we be notified of such effectiveness by a telephone call to Vicki Horwitz at 410-577-5024 of T. Rowe Price Associates, Inc., and that such effectiveness also be confirmed in writing.
Very truly yours,
T. Rowe Price International Funds, Inc., on behalf of
T. Rowe Price Global Stock Fund
T. Rowe Price Global Growth Stock Fund
T. Rowe Price Institutional International Funds, Inc., on behalf of
T. Rowe Price Institutional Global Focused Growth Equity Fund
T. Rowe Price Institutional Global Growth Equity Fund
T. Rowe Price U.S. Equity Research Fund, Inc., on behalf of
T. Rowe Price U.S. Equity Research Fund
T. Rowe Price Institutional Equity Funds, Inc., on behalf of
T. Rowe Price Institutional U.S. Structured Research Fund
By: /s/David Oestreicher
Name: David Oestreicher
Title: Director, Principal Executive Officer, and Executive Vice President
T. Rowe Price Investment Services, Inc., principal underwriter
By: /s/Darrell Braman
Name: Darrell Braman
Title: Vice President