PRGTX: T. Rowe Price Global Technology

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

PRGTX T. Rowe Price Global Technology


Profile

PRGTX - Profile

Vitals

  • YTD Return 7.6%
  • 3 Yr Annualized Return 7.1%
  • 5 Yr Annualized Return 7.2%
  • Net Assets $4.82 B
  • Holdings in Top 10 60.3%

52 WEEK LOW AND HIGH

$17.59
$13.43
$17.62

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.91%

SALES FEES

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

BROKERAGE FEES

  • Turnover 288.70%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Oct 02, 2017
  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return 7.6%
  • 3 Yr Annualized Total Return 7.1%
  • 5 Yr Annualized Total Return 7.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.01%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    T. Rowe Price Global Technology Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Sep 29, 2000
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Alan Tu

Fund Description

The T. Rowe Price Global Technology Fund (PRGTX) is a low-cost, actively managed fund that seeks long-term capital growth by focusing on global technology stocks. The fund’s primary emphasis is on leading global technology companies, and it is invested in any tech sector the managers see fit. This includes media, software, hardware, IT services, telecom and semiconductors. Further, at least 30% of PRGTX’s portfolio is placed in foreign emerging and developed markets. Managers use various growth fundamentals when choosing PRGTX’s portfolio.

For investors looking to overweight technology in a broader portfolio, PRGTX makes a prime satellite holding. The fund is internally managed by T. Rowe Price.


Get Updates About PRGTX

Sign up for Advisor Access to receive email updates about PRGTX competitors, news, CE accredited webcasts and more.


Categories

Performance

PRGTX - Performance

Return Ranking - Trailing

Period PRGTX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.6% 0.0% 15.2% 11.30%
1 Yr 34.2% -3.2% 62.4% 42.37%
3 Yr 7.1%* -19.3% 30.3% 82.58%
5 Yr 7.2%* -16.0% 21.7% 70.75%
10 Yr 9.0%* -2.0% 17.9% 71.19%

* Annualized

Return Ranking - Calendar

Period PRGTX Return Category Return Low Category Return High Rank in Category (%)
2019 34.0% -3.0% 62.7% 39.66%
2018 -27.5% -49.7% 4.3% 93.90%
2017 27.3% -17.3% 55.5% 52.60%
2016 -2.5% -17.1% 32.1% 85.52%
2015 10.1% -17.6% 11.6% 4.14%

Total Return Ranking - Trailing

Period PRGTX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.6% 0.0% 15.2% 11.30%
1 Yr 34.2% -3.2% 62.4% 38.98%
3 Yr 7.1%* -19.3% 30.3% 90.97%
5 Yr 7.2%* -16.0% 29.1% 85.71%
10 Yr 9.0%* -2.0% 23.0% 83.90%

* Annualized

Total Return Ranking - Calendar

Period PRGTX Return Category Return Low Category Return High Rank in Category (%)
2019 34.0% -3.0% 62.7% 39.66%
2018 -27.5% -49.7% 5.1% 95.73%
2017 27.3% -17.3% 55.5% 73.38%
2016 -2.5% -17.1% 32.8% 95.17%
2015 10.1% -13.9% 83.1% 15.17%

NAV & Total Return History


Holdings

PRGTX - Holdings

Concentration Analysis

PRGTX Category Low Category High PRGTX % Rank
Net Assets 4.82 B 993 K 28.5 B 12.43%
Number of Holdings 42 22 352 80.23%
Net Assets in Top 10 2.71 B 1.01 M 16.2 B 12.99%
Weighting of Top 10 60.30% 17.8% 81.1% 14.69%

Top 10 Holdings

  1. Alibaba Group Holding Ltd ADR 10.26%
  2. Facebook Inc A 8.96%
  3. Salesforce.com Inc 7.96%
  4. Intuit Inc 5.82%
  5. Tencent Holdings Ltd 5.09%
  6. Amazon.com Inc 4.79%
  7. ASML Holding NV 4.63%
  8. Netflix Inc 4.41%
  9. Workday Inc Class A 4.32%
  10. Proofpoint Inc 4.07%

Asset Allocation

Weighting Return Low Return High PRGTX % Rank
Stocks
99.39% 85.37% 100.94% 18.08%
Cash
0.60% -0.20% 14.63% 83.05%
Preferred Stocks
0.00% 0.00% 0.98% 96.05%
Other
0.00% -4.00% 6.52% 88.14%
Convertible Bonds
0.00% 0.00% 0.16% 95.48%
Bonds
0.00% 0.00% 0.13% 95.48%

Stock Sector Breakdown

Weighting Return Low Return High PRGTX % Rank
Technology
76.47% 29.14% 100.00% 27.68%
Consumer Cyclical
21.07% 0.00% 31.80% 5.65%
Financial Services
2.42% 0.00% 47.86% 79.10%
Communication Services
0.04% 0.00% 39.04% 87.01%
Utilities
0.00% 0.00% 4.08% 95.48%
Real Estate
0.00% 0.00% 8.61% 97.18%
Industrials
0.00% 0.00% 27.35% 98.31%
Healthcare
0.00% 0.00% 35.81% 97.18%
Energy
0.00% 0.00% 1.25% 95.48%
Consumer Defense
0.00% 0.00% 4.75% 98.87%
Basic Materials
0.00% 0.00% 6.64% 96.61%

Stock Geographic Breakdown

Weighting Return Low Return High PRGTX % Rank
US
69.59% 42.64% 98.92% 88.14%
Non US
29.80% 0.62% 53.48% 11.30%

Expenses

PRGTX - Expenses

Operational Fees

PRGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.91% 0.10% 26.92% 82.39%
Management Fee 0.74% 0.09% 1.95% 40.68%
12b-1 Fee 0.00% 0.00% 1.00% 19.82%
Administrative Fee 0.15% 0.04% 0.50% 59.18%

Sales Fees

PRGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PRGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

PRGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 288.70% 2.00% 732.00% 93.22%

Distributions

PRGTX - Distributions

Dividend Yield Analysis

PRGTX Category Low Category High PRGTX % Rank
Dividend Yield 0.00% 0.00% 8.59% 95.48%

Dividend Distribution Analysis

PRGTX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

PRGTX Category Low Category High PRGTX % Rank
Net Income Ratio 0.01% -2.08% 1.32% 29.55%

Capital Gain Distribution Analysis

PRGTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

PRGTX - Fund Manager Analysis

Managers

Alan Tu


Start Date

Tenure

Tenure Rank

May 01, 2019

0.67

0.7%

Alan is a manager of T. Rowe Price Associates, Inc.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.02 8.11 5.84