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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$104.71

$7.63 B

0.00%

$0.00

0.75%

Vitals

YTD Return

13.2%

1 yr return

-34.3%

3 Yr Avg Return

-7.4%

5 Yr Avg Return

1.6%

Net Assets

$7.63 B

Holdings in Top 10

51.0%

52 WEEK LOW AND HIGH

$105.8
$90.55
$161.21

Expenses

OPERATING FEES

Expense Ratio 0.75%

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

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$104.71

$7.63 B

0.00%

$0.00

0.75%

PRMTX - Profile

Distributions

  • YTD Total Return 13.2%
  • 3 Yr Annualized Total Return -7.4%
  • 5 Yr Annualized Total Return 1.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.50%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

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
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    James Stillwagon

Fund Description

The fund will normally invest 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 e-commerce and digital products and services; media, including publishing, advertising, broadcasting, and cable and satellite TV; movies and entertainment; telecommunication and wireless telecommunication services; computer hardware, software, and networking services; 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 is “nondiversified,” meaning it may invest a greater portion of its assets in fewer issuers than is permissible for a “diversified” fund.

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 than international stocks, there is no limit on the fund’s investments in international securities.

The fund’s investments may include holdings in privately held companies and companies that only recently began to trade publicly.

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PRMTX - Performance

Return Ranking - Trailing

Period PRMTX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.2% -22.2% 22.0% 47.62%
1 Yr -34.3% -45.4% -5.3% 95.12%
3 Yr -7.4%* -7.9% 10.0% 83.33%
5 Yr 1.6%* -4.4% 6.7% 25.93%
10 Yr 6.5%* -10.1% 7.3% 8.33%

* Annualized

Return Ranking - Calendar

Period PRMTX Return Category Return Low Category Return High Rank in Category (%)
2022 -49.3% -49.3% 6.4% 100.00%
2021 0.6% -8.2% 12.1% 71.79%
2020 13.4% -0.2% 13.4% 5.56%
2019 7.2% -1.2% 8.1% 8.57%
2018 -0.6% -5.6% -0.6% 7.41%

Total Return Ranking - Trailing

Period PRMTX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.2% -46.7% 22.0% 47.62%
1 Yr -34.3% -45.4% -5.3% 95.12%
3 Yr -7.4%* -7.9% 10.0% 83.33%
5 Yr 1.6%* -4.4% 6.7% 33.33%
10 Yr 6.5%* -10.1% 7.3% 8.33%

* Annualized

Total Return Ranking - Calendar

Period PRMTX Return Category Return Low Category Return High Rank in Category (%)
2022 -49.3% -49.3% 6.4% 100.00%
2021 0.6% -8.2% 12.1% 71.79%
2020 13.4% -0.2% 13.4% 5.56%
2019 7.2% -1.2% 8.1% 8.57%
2018 -0.6% -5.4% -0.6% 7.41%

NAV & Total Return History


PRMTX - Holdings

Concentration Analysis

PRMTX Category Low Category High PRMTX % Rank
Net Assets 7.63 B 1.59 M 10.3 B 4.55%
Number of Holdings 64 25 115 18.18%
Net Assets in Top 10 4.84 B 645 K 7.27 B 4.55%
Weighting of Top 10 51.02% 32.4% 78.0% 81.82%

Top 10 Holdings

  1. Amazon.com Inc 10.00%
  2. Alphabet Inc Class C 8.44%
  3. Alibaba Group Holding Ltd ADR 6.09%
  4. Microsoft Corp 5.38%
  5. T-Mobile US Inc 5.09%
  6. Netflix Inc 4.97%
  7. Netflix Inc 4.97%
  8. Netflix Inc 4.97%
  9. Netflix Inc 4.97%
  10. Netflix Inc 4.97%

Asset Allocation

Weighting Return Low Return High PRMTX % Rank
Stocks
96.33% 91.08% 100.08% 72.73%
Cash
3.68% -0.08% 7.19% 29.55%
Preferred Stocks
0.00% 0.00% 5.04% 54.55%
Other
0.00% -2.87% 0.27% 59.09%
Convertible Bonds
0.00% 0.00% 1.39% 54.55%
Bonds
0.00% 0.00% 0.00% 54.55%

Stock Sector Breakdown

Weighting Return Low Return High PRMTX % Rank
Communication Services
40.62% 21.07% 100.00% 90.91%
Technology
31.61% 0.00% 68.78% 25.00%
Consumer Cyclical
14.61% 0.00% 14.61% 2.27%
Real Estate
10.75% 0.00% 24.21% 6.82%
Financial Services
2.41% 0.00% 6.60% 13.64%
Utilities
0.00% 0.00% 0.00% 54.55%
Industrials
0.00% 0.00% 2.78% 70.45%
Healthcare
0.00% 0.00% 8.16% 54.55%
Energy
0.00% 0.00% 3.50% 59.09%
Consumer Defense
0.00% 0.00% 3.34% 56.82%
Basic Materials
0.00% 0.00% 0.00% 54.55%

Stock Geographic Breakdown

Weighting Return Low Return High PRMTX % Rank
US
90.49% 51.91% 99.98% 36.36%
Non US
5.84% 0.00% 42.13% 63.64%

PRMTX - Expenses

Operational Fees

PRMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.08% 2.43% 62.79%
Management Fee 0.63% 0.00% 1.00% 61.36%
12b-1 Fee N/A 0.00% 1.00% 12.50%
Administrative Fee 0.15% 0.10% 0.25% 50.00%

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% 3.00% 75.00% 18.42%

PRMTX - Distributions

Dividend Yield Analysis

PRMTX Category Low Category High PRMTX % Rank
Dividend Yield 0.00% 0.00% 2.37% 77.27%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

PRMTX Category Low Category High PRMTX % Rank
Net Income Ratio -0.50% -1.68% 2.76% 79.55%

Capital Gain Distribution Analysis

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

Distributions History

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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
1.5 24.18 6.76 2.12