PRGTX: T. Rowe Price Global Technology

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PRGTX T. Rowe Price Global Technology

  • Fund
  • PRGTX
  • Price as of: Nov 08, 2019
  • $15.29 + $0.08 + 0.53%

PRGTX - Profile

Vitals

  • YTD Return 25.3%
  • 3 Yr Annualized Return 16.4%
  • 5 Yr Annualized Return 16.0%
  • Net Assets $4.54 B
  • Holdings in Top 10 60.3%

52 WEEK LOW AND HIGH

$15.29
$11.35
$16.56

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 CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return 25.3%
  • 3 Yr Annualized Total Return 16.4%
  • 5 Yr Annualized Total Return 16.0%
  • 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.

PRGTX - Performance

Return Ranking - Trailing

Period PRGTX Return Category Return Low Category Return High Rank in Category (%)
YTD 25.3% -0.7% 55.1% 74.71%
1 Yr 25.9% -24.1% 38.1% 6.82%
3 Yr 16.4%* -30.7% 25.0% 40.79%
5 Yr 16.0%* -20.9% 20.5% 13.79%
10 Yr 19.5%* -3.6% 19.5% 0.88%

* Annualized


Return Ranking - Calendar

Period PRGTX Return Category Return Low Category Return High Rank in Category (%)
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%
2014 -3.2% -63.5% 36.9% 78.47%

Total Return Ranking - Trailing

Period PRGTX Return Category Return Low Category Return High Rank in Category (%)
YTD 25.3% -0.7% 55.1% 74.71%
1 Yr 25.9% -18.7% 43.3% 13.07%
3 Yr 16.4%* -30.7% 27.2% 67.11%
5 Yr 16.0%* -20.9% 28.3% 34.48%
10 Yr 19.5%* -3.6% 22.8% 1.75%

* Annualized


Total Return Ranking - Calendar

Period PRGTX Return Category Return Low Category Return High Rank in Category (%)
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%
2014 -3.2% -63.5% 38.5% 90.97%

NAV & Total Return History

PRGTX - Holdings

Concentration Analysis

PRGTX Category Low Category High PRGTX % Rank
Net Assets 4.54 B 993 K 24.9 B 13.07%
Number of Holdings 42 22 327 77.27%
Net Assets in Top 10 2.71 B 900 K 13.2 B 9.66%
Weighting of Top 10 60.30% 17.8% 84.0% 11.36%

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% 72.03% 100.28% 21.02%
Cash
0.60% -0.01% 27.97% 78.98%
Preferred Stocks
0.00% 0.00% 1.98% 64.77%
Other
0.00% -4.92% 5.33% 60.23%
Convertible Bonds
0.00% 0.00% 0.18% 59.09%
Bonds
0.00% 0.00% 0.49% 62.50%

Stock Sector Breakdown

Weighting Return Low Return High PRGTX % Rank
Technology
76.01% 34.17% 98.28% 40.91%
Consumer Cyclical
20.95% 0.00% 31.80% 6.25%
Financial Services
2.40% 0.00% 40.01% 81.82%
Communication Services
0.04% 0.00% 6.28% 52.84%
Utilities
0.00% 0.00% 3.82% 62.50%
Real Estate
0.00% 0.00% 14.44% 73.30%
Industrials
0.00% 0.00% 28.26% 92.61%
Healthcare
0.00% 0.00% 32.74% 78.41%
Energy
0.00% 0.00% 1.50% 59.09%
Consumer Defense
0.00% 0.00% 3.56% 68.75%
Basic Materials
0.00% 0.00% 7.48% 67.05%

Stock Geographic Breakdown

Weighting Return Low Return High PRGTX % Rank
US
69.59% 34.14% 98.52% 88.64%
Non US
29.80% 0.00% 63.79% 11.36%

PRGTX - Expenses

Operational Fees

PRGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.91% 0.10% 166.12% 82.39%
Management Fee 0.74% 0.09% 1.95% 35.23%
12b-1 Fee 0.00% 0.00% 1.00% 16.10%
Administrative Fee 0.15% 0.00% 0.50% 60.87%

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 0.75% 2.00% 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.

PRGTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 288.70% 1.00% 732.00% 93.75%

PRGTX - Distributions

Dividend Yield Analysis

PRGTX Category Low Category High PRGTX % Rank
Dividend Yield 0.00% 0.00% 6.91% 60.80%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

PRGTX Category Low Category High PRGTX % Rank
Net Income Ratio 0.01% -2.16% 1.32% 23.30%

Capital Gain Distribution Analysis

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

PRGTX - Managers

Alan Tu

Manager

Start Date

Tenure

Tenure Rank

May 01, 2019

0.5

0.5%

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


Tenure Analysis

Category Low

0.33

Category High

29.85

Category Average

8.16

Category Mode

5.67