T. Rowe Price New Era
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-5.3%
1 yr return
-11.3%
3 Yr Avg Return
13.8%
5 Yr Avg Return
1.1%
Net Assets
$3.67 B
Holdings in Top 10
31.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.70%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 33.80%
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
PRNEX - Profile
Distributions
- YTD Total Return -5.3%
- 3 Yr Annualized Total Return 13.8%
- 5 Yr Annualized Total Return 1.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.95%
- Dividend Yield 4.6%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameT. Rowe Price New Era Fund
-
Fund Family NameT. Rowe Price
-
Inception DateJan 20, 1969
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerShinwoo Kim
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. We also invest in other growth companies that we believe have strong potential for earnings growth but do not own or develop natural resources. The relative percentages invested in natural resource and non-natural resource companies can vary depending on economic and monetary conditions and our outlook for inflation. The natural resource companies held by the fund typically own, develop, refine, service, or transport resources, including energy, metals, forest products, industrials, utilities, chemicals, real estate, and other basic commodities. In selecting natural resource stocks, we look for companies whose products can be produced and marketed profitably when both labor costs and prices are rising. In the mining area, for example, we might look for a company that we believe possesses the ability to expand production and maintain superior exploration programs and production facilities.
At least 50% of the fund’s total assets will be invested in stocks of U.S. issuers, but up to 50% of its total assets may be invested in international stocks (including in stocks issued by companies in emerging market countries).
PRNEX - Performance
Return Ranking - Trailing
Period | PRNEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -5.3% | -17.0% | 23.8% | 65.25% |
1 Yr | -11.3% | -25.4% | 16.2% | 31.25% |
3 Yr | 13.8%* | 0.2% | 73.7% | 75.24% |
5 Yr | 1.1%* | -5.9% | 14.1% | 60.61% |
10 Yr | -1.3%* | -10.9% | 12.2% | 71.43% |
* Annualized
Return Ranking - Calendar
Period | PRNEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | 2.6% | -32.2% | 34.0% | 53.21% |
2021 | 10.8% | -10.9% | 35.5% | 62.26% |
2020 | -1.7% | -8.5% | 36.3% | 86.67% |
2019 | 3.4% | -13.9% | 8.5% | 41.75% |
2018 | -3.8% | -11.7% | 24.9% | 39.39% |
Total Return Ranking - Trailing
Period | PRNEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -5.3% | -30.0% | 23.8% | 64.41% |
1 Yr | -11.3% | -25.4% | 51.5% | 32.46% |
3 Yr | 13.8%* | 0.2% | 73.7% | 75.70% |
5 Yr | 1.1%* | -5.9% | 18.1% | 68.32% |
10 Yr | -1.3%* | -10.9% | 13.9% | 75.58% |
* Annualized
Total Return Ranking - Calendar
Period | PRNEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | 2.6% | -32.2% | 34.0% | 53.21% |
2021 | 10.8% | -10.9% | 35.5% | 62.26% |
2020 | -1.7% | -8.5% | 36.3% | 86.67% |
2019 | 3.4% | -13.9% | 8.5% | 41.75% |
2018 | -3.8% | -11.7% | 24.9% | 39.39% |
NAV & Total Return History
PRNEX - Holdings
Concentration Analysis
PRNEX | Category Low | Category High | PRNEX % Rank | |
---|---|---|---|---|
Net Assets | 3.67 B | 1.77 M | 8.89 B | 6.78% |
Number of Holdings | 98 | 23 | 422 | 20.34% |
Net Assets in Top 10 | 1.12 B | 770 K | 4.68 B | 8.47% |
Weighting of Top 10 | 31.66% | 18.0% | 74.6% | 92.37% |
Top 10 Holdings
- Aggregate Miscellaneous Equity 7.38%
- Aggregate Miscellaneous Equity 7.38%
- Aggregate Miscellaneous Equity 7.38%
- Aggregate Miscellaneous Equity 7.38%
- Aggregate Miscellaneous Equity 7.38%
- Aggregate Miscellaneous Equity 7.38%
- Aggregate Miscellaneous Equity 7.38%
- Aggregate Miscellaneous Equity 7.38%
- Aggregate Miscellaneous Equity 7.38%
- Aggregate Miscellaneous Equity 7.38%
Asset Allocation
Weighting | Return Low | Return High | PRNEX % Rank | |
---|---|---|---|---|
Stocks | 92.79% | 78.27% | 100.48% | 99.16% |
Cash | 6.89% | -1.77% | 21.06% | 2.54% |
Bonds | 0.33% | -2.00% | 2.96% | 6.72% |
Preferred Stocks | 0.00% | 0.00% | 0.60% | 19.49% |
Other | 0.00% | -1.72% | 2.99% | 21.19% |
Convertible Bonds | 0.00% | 0.00% | 0.43% | 20.34% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PRNEX % Rank | |
---|---|---|---|---|
Energy | 39.17% | 0.00% | 89.67% | 33.05% |
Basic Materials | 31.25% | 2.49% | 100.00% | 68.64% |
Industrials | 11.79% | 0.00% | 63.67% | 28.81% |
Utilities | 8.23% | 0.00% | 46.27% | 16.95% |
Consumer Cyclical | 5.59% | 0.00% | 43.37% | 20.34% |
Consumer Defense | 2.30% | 0.00% | 33.96% | 40.68% |
Technology | 1.49% | 0.00% | 25.71% | 27.97% |
Financial Services | 0.18% | 0.00% | 4.52% | 13.56% |
Real Estate | 0.00% | 0.00% | 36.20% | 38.98% |
Healthcare | 0.00% | 0.00% | 22.67% | 40.68% |
Communication Services | 0.00% | 0.00% | 0.21% | 15.25% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PRNEX % Rank | |
---|---|---|---|---|
US | 53.18% | 8.98% | 99.93% | 68.64% |
Non US | 39.61% | 0.00% | 90.92% | 41.53% |
PRNEX - Expenses
Operational Fees
PRNEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.70% | 0.01% | 5.06% | 62.50% |
Management Fee | 0.53% | 0.00% | 1.25% | 33.05% |
12b-1 Fee | N/A | 0.00% | 1.00% | 15.00% |
Administrative Fee | 0.15% | 0.03% | 0.25% | 53.33% |
Sales Fees
PRNEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 2.25% | N/A |
Trading Fees
PRNEX 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.
PRNEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 33.80% | 4.00% | 169.00% | 35.63% |
PRNEX - Distributions
Dividend Yield Analysis
PRNEX | Category Low | Category High | PRNEX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.59% | 0.00% | 11.09% | 71.67% |
Dividend Distribution Analysis
PRNEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Semi-Annually |
Net Income Ratio Analysis
PRNEX | Category Low | Category High | PRNEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.95% | -35.65% | 9.06% | 29.20% |
Capital Gain Distribution Analysis
PRNEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 16, 2021 | $0.830 | OrdinaryDividend |
Dec 17, 2019 | $0.750 | OrdinaryDividend |
Dec 17, 2018 | $0.510 | OrdinaryDividend |
Dec 18, 2017 | $0.690 | OrdinaryDividend |
Dec 16, 2016 | $0.430 | OrdinaryDividend |
Dec 16, 2015 | $0.420 | OrdinaryDividend |
Dec 16, 2014 | $0.420 | OrdinaryDividend |
Dec 17, 2013 | $0.250 | OrdinaryDividend |
Dec 18, 2012 | $0.530 | OrdinaryDividend |
Dec 16, 2009 | $0.460 | OrdinaryDividend |
Dec 18, 2003 | $0.250 | OrdinaryDividend |
Dec 19, 2002 | $0.200 | OrdinaryDividend |
Dec 16, 1999 | $0.300 | OrdinaryDividend |
Dec 17, 1998 | $0.400 | OrdinaryDividend |
Dec 29, 1997 | $0.370 | OrdinaryDividend |
Dec 30, 1996 | $0.380 | OrdinaryDividend |
Dec 28, 1995 | $0.960 | OrdinaryDividend |
Dec 31, 1993 | $0.490 | OrdinaryDividend |