T. Rowe Price New Era

Snapshot

Compare

Profile

Performance

PRNEX - Snapshot

Vitals

YTD Return -4.7%
3 Yr Annualized Return -6.5%
5 Yr Annualized Return -0.1%
Net Assets $2.45 B
Holdings in Top 10 23.7%

52 WEEK LOW AND HIGH

$33.06

$18.60

$34.58

Expenses

OPERATING RELATED FEES

Expense Ratio 0.69%

SALES FEES

Front Load N/A
Deferred Load N/A

BROKERAGE FEES

Turnover 45.20%

TRADING FEES

Max Redemption Fee N/A

Min Investment

Standard (Taxable) $2,500
IRA $1,000

Fund Classification

Primary Theme
Natural Resources Industry Equity
Fund Type Open End Mutual Fund
Investment Style Natural Resources

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Materials Select Sector SPDR® Fund

XLB | ETF

$71.34

-1.04%

$4.12 B

1.69%

$1.22

16.15%

FlexShares Morningstar Global Upstream Natural Resources Index Fund

GUNR | ETF

$31.70

-0.38%

$2.92 B

2.92%

$0.93

-5.46%

T. Rowe Price New Era Fund

Fund

$32.77

-0.88%

$2.45 B

2.27%

$0.75

-4.74%

Vanguard Materials Index Fund

Fund

$78.11

-1.10%

$2.43 B

1.61%

$1.27

14.20%

Vanguard Materials Index Fund

VAW | ETF

$153.25

-1.16%

$2.43 B

1.61%

$2.49

14.25%

PRNEX - Profile

Distributions

YTD Total Return -4.7%
3 Yr Annualized Total Return -6.5%
5 Yr Annualized Total Return -0.1%
Capital Gain Distribution Frequency Annually
Net Income Ratio 2.22%

DIVIDENDS

Dividend Yield 0.0%
Dividend Distribution Frequency Annually

Fund Details

Legal Name

T. Rowe Price New Era Fund
Fund Family Name

T. Rowe Price
Inception Date

Jan 20, 1969
Shares Outstanding

N/A
Share Class

No Load
Currency

USD
Domiciled Country

United States
Manager

Shawn Driscoll

Fund Description

The fund will normally invest a minimum of two-thirds of its assets in the common stocks of natural resource companies. The earnings and tangible assets of natural resources companies may benefit from periods of accelerating inflation. It also invests in other growth companies that the managers believe have strong potential for earnings growth but do not own or develop natural resources. The fund is non-diversified.

PRNEX - Performance

Return Ranking - Trailing

Period	PRNEX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	-4.7%	-24.4%	93.9%	78.90%
1 Yr	-14.3%	-32.8%	73.7%	79.63%
3 Yr	-6.5%*	-27.2%	12.2%	70.19%
5 Yr	-0.1%*	-13.4%	18.2%	64.29%
10 Yr	-0.5%*	-17.0%	9.8%	48.89%

* Annualized

Return Ranking - Calendar

Period	PRNEX Return	Category Return Low	Category Return High	Rank in Category (%)
2019	14.3%	-25.1%	36.9%	41.12%
2018	-17.6%	-46.3%	-6.8%	28.71%
2017	8.4%	-39.4%	59.0%	63.64%
2016	23.4%	-8.0%	446.7%	52.17%
2015	-20.8%	-57.9%	80.5%	42.70%

Total Return Ranking - Trailing

Period	PRNEX Return	Category Return Low	Category Return High	Rank in Category (%)
YTD	-4.7%	-24.4%	93.9%	78.90%
1 Yr	-14.3%	-36.1%	73.7%	79.63%
3 Yr	-6.5%*	-28.1%	12.2%	69.23%
5 Yr	-0.1%*	-13.7%	18.2%	64.29%
10 Yr	-0.5%*	-17.0%	9.8%	48.89%

* Annualized

Total Return Ranking - Calendar

Period	PRNEX Return	Category Return Low	Category Return High	Rank in Category (%)
2019	14.3%	-25.1%	36.9%	41.12%
2018	-17.6%	-46.3%	-6.7%	28.71%
2017	8.4%	-3.9%	59.0%	63.64%
2016	23.4%	-8.0%	103.4%	52.17%
2015	-20.8%	-57.9%	0.6%	42.70%

NAV & Total Return History

PRNEX - Holdings

Concentration Analysis

	PRNEX	Category Low	Category High	PRNEX % Rank
Net Assets	2.45 B	772 K	4.12 B	2.70%
Number of Holdings	116	4	319	14.41%
Net Assets in Top 10	577 M	306 K	2.71 B	5.41%
Weighting of Top 10	23.70%	17.9%	99.5%	95.50%

Top 10 Holdings

Total SE 4.49%
Total SE 4.49%
Total SE 4.49%
Total SE 4.49%
Total SE 4.49%
Total SE 4.49%
Total SE 4.49%
Total SE 4.49%
Total SE 4.49%
Total SE 4.49%

Asset Allocation

	Weighting	Return Low	Return High	PRNEX % Rank
Stocks	98.21%	81.88%	100.03%	63.96%
Cash	0.86%	-0.03%	12.58%	54.95%
Preferred Stocks	0.78%	0.00%	0.78%	0.90%
Bonds	0.14%	0.00%	5.01%	9.91%
Other	0.00%	-4.48%	4.67%	39.64%
Convertible Bonds	0.00%	0.00%	0.69%	44.14%

Stock Sector Breakdown

	Weighting	Return Low	Return High	PRNEX % Rank
Basic Materials	38.75%	0.00%	100.00%	72.97%
Energy	30.01%	0.00%	87.74%	20.72%
Industrials	10.57%	0.00%	65.69%	33.33%
Utilities	9.60%	0.00%	40.51%	13.51%
Consumer Cyclical	8.60%	0.00%	41.61%	27.03%
Technology	1.33%	0.00%	15.32%	29.73%
Consumer Defense	1.14%	0.00%	40.96%	48.65%
Real Estate	0.00%	0.00%	39.44%	54.05%
Healthcare	0.00%	0.00%	24.95%	53.15%
Financial Services	0.00%	0.00%	4.78%	53.15%
Communication Services	0.00%	0.00%	0.33%	43.24%

Stock Geographic Breakdown

	Weighting	Return Low	Return High	PRNEX % Rank
US	54.67%	5.12%	99.92%	52.25%
Non US	43.54%	0.00%	94.91%	49.55%

PRNEX - Expenses

Operational Fees

	PRNEX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Expense Ratio	0.69%	0.07%	7.25%	74.77%
Management Fee	0.54%	0.00%	1.25%	31.53%
12b-1 Fee	N/A	0.00%	1.00%	15.00%
Administrative Fee	0.15%	0.00%	0.25%	61.90%

Sales Fees

	PRNEX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Front Load	N/A	0.30%	5.75%	N/A
Deferred Load	N/A	1.00%	5.00%	N/A

Trading Fees

	PRNEX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Max Redemption Fee	N/A	0.30%	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.

	PRNEX Fees (% of AUM)	Category Return Low	Category Return High	Rank in Category (%)
Turnover	45.20%	3.00%	129.00%	63.06%

PRNEX - Distributions

Dividend Yield Analysis

	PRNEX	Category Low	Category High	PRNEX % Rank
Dividend Yield	0.00%	0.00%	5.00%	63.06%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

	PRNEX	Category Low	Category High	PRNEX % Rank
Net Income Ratio	2.22%	-1.04%	5.95%	26.13%

Capital Gain Distribution Analysis

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

Dividend Payout History

Date	Amount
Dec 17, 2018	$0.510
Dec 18, 2017	$0.690
Dec 16, 2016	$0.430
Dec 16, 2015	$0.420
Dec 16, 2014	$0.420
Dec 17, 2013	$0.250
Dec 18, 2012	$0.530
Dec 16, 2009	$0.460
Dec 18, 2003	$0.250
Dec 19, 2002	$0.200
Dec 16, 1999	$0.300
Dec 17, 1998	$0.400
Dec 29, 1997	$0.370
Dec 30, 1996	$0.380
Dec 28, 1995	$0.960
Dec 31, 1993	$0.490

View More +

PRNEX - Fund Manager Analysis

Managers

Shawn Driscoll

Start Date

Tenure

Tenure Rank

Sep 30, 2013

7.09

7.1%

Shawn Driscoll is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc. Mr. Driscoll has been chairman of the committee since 2013. He joined the Firm in 2006 and his investment experience dates from 2003. He has served as a portfolio manager with the Firm throughout the past five years. Prior to joining the T. Rowe Price in 2006, he was employed by MTB Investment Advisors as an equity research analyst. Shawn was also employed by MPower Communications as an information technology project manager. He earned a BA in economics and mathematics from the University of Rochester and an MBA in finance and global business from New York University, Leonard N. Stern School of Business.

Tenure Analysis

Category Low	Category High	Category Average	Category Mode
0.16	22.6	6.8	14.26

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T. Rowe Price New Era

PRNEX - Snapshot

Vitals

52 WEEK LOW AND HIGH

Expenses

OPERATING RELATED FEES

SALES FEES

BROKERAGE FEES

TRADING FEES

Min Investment

Fund Classification

PRNEX - Profile

Distributions

Fund Details

Fund Description

PRNEX - Performance

Return Ranking - Trailing

Return Ranking - Calendar

Total Return Ranking - Trailing

Total Return Ranking - Calendar

NAV & Total Return History

PRNEX - Holdings

Concentration Analysis

Top 10 Holdings

Asset Allocation

Stock Sector Breakdown

Stock Geographic Breakdown

PRNEX - Expenses

Operational Fees

Sales Fees

Trading Fees

Related Fees

PRNEX - Distributions

Dividend Yield Analysis

Dividend Distribution Analysis

Net Income Ratio Analysis

Capital Gain Distribution Analysis

Dividend Payout History

PRNEX - Fund Manager Analysis

Managers

Shawn Driscoll

Tenure Analysis

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