Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

T. Rowe Price Communications & Technology Fund

PRMTX | Fund

$159.30

$7.56 B

0.15%

$0.23

0.82%

Vitals

YTD Return

42.7%

1 yr return

43.0%

3 Yr Avg Return

5.5%

5 Yr Avg Return

14.9%

Net Assets

$7.56 B

Holdings in Top 10

55.9%

52 WEEK LOW AND HIGH

$157.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.82%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 16.90%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,500

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 12/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

T. Rowe Price Communications & Technology Fund

PRMTX | Fund

$159.30

$7.56 B

0.15%

$0.23

0.82%

PRMTX - Profile

Distributions

  • YTD Total Return 42.7%
  • 3 Yr Annualized Total Return 5.5%
  • 5 Yr Annualized Total Return 14.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.50%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    T. Rowe Price Communications & Technology Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Oct 13, 1993
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    James Stillwagon

Fund Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in securities of communications and technology companies. These companies can be involved in a variety of industries, including, but not limited to, Internet-related industries such as digital advertising, e-commerce and streaming services; media, including studios, publishers, music labels and advertising agencies; telecommunications services and infrastructure providers; payment networks; enterprise software and services; computer hardware; semiconductor design and manufacturing; and components and equipment.

Stock selection is based on fundamental, bottom-up analysis that seeks to identify companies with good appreciation prospects. The portfolio manager may use both growth and value approaches to stock selection. When assessing opportunities among growth stocks, the portfolio manager generally seeks to identify companies with capable management, attractive business niches, sound financial and accounting practices, and a demonstrated ability to increase revenues, earnings, and cash flow consistently. In looking for value stocks, the portfolio manager will seek companies whose current stock prices appear undervalued in terms of earnings, projected cash flow, or asset value per share, and with growth potential temporarily unrecognized by the market. The portfolio manager also seeks to invest in companies whose stock prices may be temporarily depressed.

The fund’s portfolio may hold stocks of either U.S. or non-U.S. companies, and may at times consist of a relatively small number of holdings. Although the fund typically invests a greater portion of its assets in U.S. stocks, there is no limit on the fund’s investments in non-U.S. securities.

The fund may, to a limited extent, invest in privately held companies and companies that only recently began to trade publicly.

The fund is “nondiversified,” meaning it may invest a greater portion of its assets in fewer issuers than is permissible for a “diversified” fund.

Read More

PRMTX - Performance

Return Ranking - Trailing

Period PRMTX Return Category Return Low Category Return High Rank in Category (%)
YTD 42.7% 1.6% 41.4% 6.45%
1 Yr 43.0% 2.9% 41.7% 6.45%
3 Yr 5.5%* -8.3% 9.4% 41.94%
5 Yr 14.9%* -3.5% 15.5% 22.58%
10 Yr 15.3%* 1.5% 15.2% 4.55%

* Annualized

Return Ranking - Calendar

Period PRMTX Return Category Return Low Category Return High Rank in Category (%)
2023 29.2% -2.0% 57.1% 41.94%
2022 -49.3% -49.3% -19.8% 100.00%
2021 1.2% -15.7% 20.0% 64.52%
2020 45.8% -0.5% 46.0% 6.45%
2019 32.3% -4.8% 36.4% 9.68%

Total Return Ranking - Trailing

Period PRMTX Return Category Return Low Category Return High Rank in Category (%)
YTD 42.7% 1.6% 41.4% 6.45%
1 Yr 43.0% 2.9% 41.7% 6.45%
3 Yr 5.5%* -8.3% 9.4% 41.94%
5 Yr 14.9%* -3.5% 15.5% 22.58%
10 Yr 15.3%* 1.5% 15.2% 4.55%

* Annualized

Total Return Ranking - Calendar

Period PRMTX Return Category Return Low Category Return High Rank in Category (%)
2023 39.3% -1.2% 57.1% 38.71%
2022 -40.6% -40.6% -16.8% 100.00%
2021 9.7% -3.8% 21.6% 51.61%
2020 53.7% 0.3% 53.8% 6.45%
2019 33.9% 12.3% 40.1% 9.68%

NAV & Total Return History

PRMTX - Holdings

Concentration Analysis

PRMTX Category Low Category High PRMTX % Rank
Net Assets 7.56 B 1.87 M 20.3 B 9.68%
Number of Holdings 77 22 121 16.13%
Net Assets in Top 10 5.1 B 2.74 M 13.5 B 9.68%
Weighting of Top 10 55.89% 44.2% 91.7% 70.97%

Top 10 Holdings

  1. META PLATFORMS INC 8.21%
  2. NETFLIX INC 7.17%
  3. APPLE INC 6.41%
  4. ALPHABET INC 6.28%
  5. MICROSOFT CORP 5.80%
  6. T-MOBILE US INC 5.75%
  7. AMAZON.COM INC 5.22%
  8. NVIDIA CORP 4.97%
  9. ATT INC 3.28%
  10. MERCADOLIBRE INC 2.79%

Asset Allocation

Weighting Return Low Return High PRMTX % Rank
Stocks 		97.78% 92.62% 102.98% 77.42%
Preferred Stocks 		1.39% 0.00% 2.79% 9.68%
Cash 		0.83% 0.00% 20.26% 74.19%
Other 		0.00% 0.00% 0.35% 93.55%
Convertible Bonds 		0.00% 0.00% 0.00% 87.10%
Bonds 		0.00% 0.00% 3.32% 90.32%

Stock Sector Breakdown

Weighting Return Low Return High PRMTX % Rank
Communication Services 		40.62% 39.28% 100.00% 96.77%
Technology 		31.61% 0.00% 58.11% 29.03%
Consumer Cyclical 		14.61% 0.00% 14.61% 6.45%
Real Estate 		10.75% 0.00% 12.57% 9.68%
Financial Services 		2.41% 0.00% 6.60% 22.58%
Utilities 		0.00% 0.00% 0.00% 87.10%
Industrials 		0.00% 0.00% 2.78% 90.32%
Healthcare 		0.00% 0.00% 0.00% 87.10%
Energy 		0.00% 0.00% 2.38% 87.10%
Consumer Defense 		0.00% 0.00% 0.00% 87.10%
Basic Materials 		0.00% 0.00% 0.00% 87.10%

Stock Geographic Breakdown

Weighting Return Low Return High PRMTX % Rank
US 		96.11% 70.02% 102.98% 58.06%
Non US 		1.67% 0.00% 28.99% 29.03%

PRMTX - Expenses

Operational Fees

PRMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.82% 0.08% 5.28% 51.61%
Management Fee 0.64% 0.03% 1.00% 35.48%
12b-1 Fee N/A 0.02% 1.00% 12.50%
Administrative Fee 0.15% 0.15% 0.25% 20.00%

Sales Fees

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

Trading Fees

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

PRMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 16.90% 13.00% 75.00% 22.22%

PRMTX - Distributions

Dividend Yield Analysis

PRMTX Category Low Category High PRMTX % Rank
Dividend Yield 0.15% 0.00% 6.98% 6.45%

Dividend Distribution Analysis

PRMTX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Quarterly

Net Income Ratio Analysis

PRMTX Category Low Category High PRMTX % Rank
Net Income Ratio -0.50% -1.39% 2.76% 90.32%

Capital Gain Distribution Analysis

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

Distributions History

View More +

PRMTX - Fund Manager Analysis

Managers

James Stillwagon

Start Date

Tenure

Tenure Rank

Nov 07, 2019

2.56

2.6%

Mr. Stillwagon joined T. Rowe Price in 2017 and his investment experience dates from 2008. Since joining the Firm, he has served as an equity investment analyst covering the media sector. Prior to joining the Firm, he was a managing director at Lone Pine Capital, where he sourced public- and private-equity investments across technology, media, and telecommunications.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.79 24.18 10.51 3.5

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.