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PRMTX T. Rowe Price Media & Telecomms

  • Fund
  • PRMTX
  • Price as of: Aug 08, 2016
  • $75.77
  • - $0.10
  • - 0.13%
  • Category
  • Communications Equities

PRMTX - Profile

Vitals

  • YTD Return 7.3%
  • 3 Yr Annualized Return 13.6%
  • 5 Yr Annualized Return 14.7%
  • Net Assets $3.62 B
  • Holdings in Top 10 53.3%

52 WEEK LOW AND HIGH

$75.77
$60.22
$75.87

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.79%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 13.50%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$1,000

Investment Themes

CATEGORY

Communications Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Communications

Distributions

  • YTD Total Return 7.3%
  • 3 Yr Annualized Total Return 13.6%
  • 5 Yr Annualized Total Return 14.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.23%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name T. Rowe Price Media And Telecommunications Fund
  • Fund Family Name T. Rowe Price
  • Inception Date Oct 13, 1993
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Paul D. Greene

Fund Description

The T. Rowe Price Media and Telecommunications Fund (PRMTX) is an actively managed fund that focuses on stocks in the media, technology and telecommunications industries. These include firms that publish books, magazines and newspapers; produce movies and TV shows; and telephone and cellular services as well as related technology equipment stocks. PRMTX will hold only large- and mid-cap stocks but can hold domestic and foreign stocks as well.

Despite its low costs, PRMTX’s narrow focus makes it suitable only for a satellite position in an already diversified portfolio. The fund is internally managed by T. Rowe Price.

PRMTX - Performance

Return Ranking - Trailing

Period PRMTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 7.3% -3.5% 17.8% 73.91% 4
1 Yr 7.5% -0.7% 22.8% 34.78% 2
3 Yr 13.6% * 4.4% 13.6% 4.35% 1
5 Yr 14.7% * 3.8% 14.7% 4.35% 1
10 Yr 13.9% * 0.9% 13.9% 4.35% 1

* Annualized


Return Ranking - Calendar

Period PRMTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 8.5% -13.0% 8.5% 4.35% 1
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

Total Return Ranking - Trailing

Period PRMTX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 7.3% -3.5% 17.8% 73.91% 4
1 Yr 7.5% -5.7% 22.8% 30.43% 2
3 Yr 13.6% * 3.1% 13.6% 4.35% 1
5 Yr 14.7% * 3.4% 14.7% 4.35% 1
10 Yr 13.9% * 0.9% 13.9% 4.35% 1

* Annualized


Total Return Ranking - Calendar

Period PRMTX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 8.5% -13.0% 8.5% 4.35% 1
2014 N/A N/A N/A N/A N/A
2013 N/A N/A N/A N/A N/A
2012 N/A N/A N/A N/A N/A
2011 N/A N/A N/A N/A N/A

NAV & Total Return History

PRMTX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

PRMTX Category Low Category High PRMTX % Rank Quintile
Net Assets 3.62 B 3.62 M 3.62 B 4.35% 1
Number of Holdings 80 23 143 8.70% 1
Net Assets in Top 10 1.93 B 2.12 M 1.93 B 4.35% 1
Weighting of Top 10 53.3% 33.7% 73.8% 43.48% 4

Top 10 Holdings

  1. American Tower Corp 5.89%
  2. Crown Castle International Corp 5.92%
  3. Amazon.com Inc 10.01%
  4. The Priceline Group Inc 5.45%
  5. Verizon Communications Inc 4.24%
  6. Liberty Global PLC C 3.15%
  7. Facebook Inc A 5.48%
  8. Comcast Corp Class A 5.07%
  9. T-Mobile US Inc 4.65%
  10. Alphabet Inc C 3.44%

Asset Allocation

Weighting Category Low Category High PRMTX % Rank Quintile
Stocks
93.63% 93.63% 99.91% 52.17% 5
Cash
4.30% 0.12% 5.45% 8.70% 1
Other
1.14% -0.54% 1.14% 4.35% 1
Preferred Stocks
0.93% 0.00% 0.93% 4.35% 1
Convertible Bonds
0.00% 0.00% 0.00% 4.35% 2
Bonds
0.00% 0.00% 0.00% 4.35% 2

Stock Sector Breakdown

Weighting Category Low Category High PRMTX % Rank Quintile
Communication Services
40.78% 1.90% 97.07% 43.48% 5
Technology
27.68% 1.36% 97.37% 21.74% 2
Consumer Cyclical
23.48% 0.00% 23.48% 4.35% 1
Real Estate
1.34% 0.00% 2.13% 13.04% 2
Financial Services
0.00% 0.00% 2.08% 8.70% 3
Healthcare
0.00% 0.00% 0.93% 8.70% 3
Energy
0.00% 0.00% 1.73% 8.70% 2
Industrials
0.00% 0.00% 1.00% 8.70% 3
Consumer Defense
0.00% 0.00% 0.16% 8.70% 3
Utilities
0.00% 0.00% 46.42% 8.70% 2
Basic Materials
0.00% 0.00% 0.00% 4.35% 2

Stock Geographic Breakdown

Weighting Category Low Category High PRMTX % Rank Quintile
US
72.67% 43.57% 99.79% 34.78% 3
Non US
20.96% 0.00% 50.64% 21.74% 2

PRMTX - Expenses

Operational Fees

PRMTX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.79% 0.10% 2.65% 86.96% 1
Management Fee 0.64% 0.09% 1.95% 26.09% 2
12b-1 Fee 0.00% 0.00% 1.00% 40.00% 1
Administrative Fee 0.15% 0.10% 0.25% 22.22% 3

Sales Fees

PRMTX Fees (% of AUM) Category Low Category High PRMTX Rank Quintile
Front Load N/A 3.50% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

PRMTX Fees (% of AUM) Category Low Category High PRMTX Rank Quintile
Max Redemption Fee N/A 0.75% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PRMTX Fees (% of AUM) Category Low Category High PRMTX Rank Quintile
Turnover 13.50% 4.40% 660.00% 39.13% 2

PRMTX - Distributions

Dividend Yield Analysis

PRMTX Category Low Category High PRMTX % Rank Quintile
Dividend Yield 0.2% 0.00% 2.53% 72.22% 5

Dividend Distribution Analysis

PRMTX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

PRMTX Category Low Category High PRMTX % Rank Quintile
Net Income Ratio 0.23% -0.25% 3.20% 82.61% 5

Capital Gain Distribution Analysis

PRMTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

PRMTX - Managers

Paul D. Greene

Manager

Start Date

May 13, 2013

Tenure

3.22

Tenure Rank

27.0%

Mr. Greene joined the Firm in 2006 and his investment experience dates from that time. He has served as an equity research analyst since joining the Firm. Mr. Greene became sole chairman of the committee on October 1, 2013.


Tenure Analysis

Category Low

0.3

Category High

22.8

Category Average

9.9

Category Mode

1.6