T. Rowe Price New Era
- PRNEX
- Price as of: Feb 22, 2021
-
$34.95
N/A N/A
- Primary Theme
- Natural Resources Industry Equity
- Fund Company
- T. Rowe Price
- Share Class
PRNEX - Snapshot
Vitals
- YTD Return 7.9%
- 3 Yr Annualized Return -2.3%
- 5 Yr Annualized Return 6.2%
- Net Assets $2.67 B
- Holdings in Top 10 24.2%
52 WEEK LOW AND HIGH
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
PRNEX - Profile
Distributions
- YTD Total Return 7.9%
- 3 Yr Annualized Total Return -2.3%
- 5 Yr Annualized Total Return 6.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.22%
- Dividend Yield 0.0%
- 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
-
ManagerShawn 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 | 7.9% | -1.5% | 34.5% | 62.39% |
1 Yr | 4.2% | -11.1% | 129.5% | 84.40% |
3 Yr | -2.3%* | -17.7% | 22.7% | 72.38% |
5 Yr | 6.2%* | -3.2% | 32.3% | 78.00% |
10 Yr | -0.3%* | -17.4% | 10.7% | 49.45% |
* Annualized
Return Ranking - Calendar
Period | PRNEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -5.1% | -23.4% | 126.4% | 81.31% |
2019 | 14.3% | -25.1% | 36.9% | 40.57% |
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% |
Total Return Ranking - Trailing
Period | PRNEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 7.9% | -1.5% | 34.5% | 63.30% |
1 Yr | 4.2% | -13.9% | 129.5% | 84.40% |
3 Yr | -2.3%* | -18.7% | 22.7% | 68.57% |
5 Yr | 6.2%* | -3.6% | 32.3% | 75.00% |
10 Yr | -0.3%* | -17.4% | 10.7% | 49.45% |
* Annualized
Total Return Ranking - Calendar
Period | PRNEX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | -5.1% | -23.4% | 126.4% | 81.31% |
2019 | 14.3% | -25.1% | 36.9% | 40.57% |
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% |
NAV & Total Return History
PRNEX - Holdings
Concentration Analysis
PRNEX | Category Low | Category High | PRNEX % Rank | |
---|---|---|---|---|
Net Assets | 2.67 B | 1.05 M | 5.99 B | 5.41% |
Number of Holdings | 113 | 18 | 352 | 14.41% |
Net Assets in Top 10 | 639 M | 370 K | 3.95 B | 6.31% |
Weighting of Top 10 | 24.22% | 16.6% | 77.6% | 95.50% |
Top 10 Holdings
- Total SE 4.53%
- Total SE 4.53%
- Total SE 4.53%
- Total SE 4.53%
- Total SE 4.53%
- Total SE 4.53%
- Total SE 4.53%
- Total SE 4.53%
- Total SE 4.53%
- Total SE 4.53%
Asset Allocation
Weighting | Return Low | Return High | PRNEX % Rank | |
---|---|---|---|---|
Stocks | 98.33% | 83.56% | 105.25% | 59.46% |
Preferred Stocks | 0.76% | 0.00% | 0.76% | 0.90% |
Cash | 0.58% | -0.21% | 9.13% | 54.95% |
Bonds | 0.34% | 0.00% | 6.69% | 9.01% |
Other | 0.00% | -10.73% | 2.30% | 18.92% |
Convertible Bonds | 0.00% | 0.00% | 0.63% | 15.32% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PRNEX % Rank | |
---|---|---|---|---|
Basic Materials | 38.55% | 0.00% | 100.00% | 63.06% |
Energy | 28.25% | 0.00% | 85.85% | 40.54% |
Industrials | 12.61% | 0.00% | 65.75% | 26.13% |
Utilities | 9.39% | 0.00% | 39.26% | 13.51% |
Consumer Cyclical | 8.28% | 0.00% | 39.75% | 25.23% |
Technology | 1.47% | 0.00% | 14.38% | 38.74% |
Consumer Defense | 1.10% | 0.00% | 37.38% | 48.65% |
Financial Services | 0.27% | 0.00% | 5.07% | 11.71% |
Real Estate | 0.08% | 0.00% | 37.23% | 19.82% |
Healthcare | 0.00% | 0.00% | 23.93% | 29.73% |
Communication Services | 0.00% | 0.00% | 0.32% | 15.32% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PRNEX % Rank | |
---|---|---|---|---|
US | 51.16% | 7.63% | 99.91% | 57.66% |
Non US | 47.17% | 0.00% | 90.74% | 42.34% |
PRNEX - Expenses
Operational Fees
PRNEX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.69% | 0.08% | 7.25% | 76.15% |
Management Fee | 0.54% | 0.00% | 1.25% | 30.63% |
12b-1 Fee | N/A | 0.00% | 1.00% | 15.00% |
Administrative Fee | 0.15% | 0.03% | 0.25% | 41.18% |
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% | 134.00% | 67.57% |
PRNEX - Distributions
Dividend Yield Analysis
PRNEX | Category Low | Category High | PRNEX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.62% | 34.23% |
Dividend Distribution Analysis
PRNEX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
PRNEX | Category Low | Category High | PRNEX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.22% | -1.04% | 4.94% | 22.02% |
Capital Gain Distribution Analysis
PRNEX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | 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 |
PRNEX - Fund Manager Analysis
Managers
Shawn Driscoll
Start Date
Tenure
Tenure Rank
Sep 30, 2013
7.34
7.3%
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 |
---|---|---|---|
0.08 | 22.85 | 6.79 | 10.9 |