TFIFX: T. Rowe Price Financial Services I

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

TFIFX T. Rowe Price Financial Services I


Profile

TFIFX - Profile

Vitals

  • YTD Return -23.5%
  • 3 Yr Annualized Return -5.4%
  • 5 Yr Annualized Return N/A
  • Net Assets $597 M
  • Holdings in Top 10 31.1%

52 WEEK LOW AND HIGH

$21.55
$16.52
$29.06

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.69%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 15.40%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -23.5%
  • 3 Yr Annualized Total Return -5.4%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.72%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    T. Rowe Price Financial Services Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Nov 29, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Gabriel Solomon

Fund Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in the common stocks of companies in the financial services industry. In addition, it may invest in companies, such as providers of financial software, that derive substantial revenues (at least 50%) from conducting business in the financial services industry. Security selection is based on fundamental, bottom-up analysis that seeks to identify high quality companies with good appreciation prospects. The fund is non-diversified.


Sign up for Advisor Access

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


Categories

Fund Company Quick Screens

TFIFX - Fund Company Quick Screens


Performance

TFIFX - Performance

Return Ranking - Trailing

Period TFIFX Return Category Return Low Category Return High Rank in Category (%)
YTD -23.5% -55.7% -10.0% 29.33%
1 Yr -16.7% -53.7% 1.5% 36.00%
3 Yr -5.4%* -27.6% 2.3% 40.30%
5 Yr N/A* -18.1% 1.5% 6.15%
10 Yr N/A* -8.6% 6.2% 10.00%

* Annualized

Return Ranking - Calendar

Period TFIFX Return Category Return Low Category Return High Rank in Category (%)
2019 24.9% 14.9% 34.3% 48.00%
2018 -19.5% -38.6% -13.1% 55.07%
2017 13.7% -9.3% 21.8% 54.55%
2016 N/A 1.0% 33.7% N/A
2015 N/A -34.6% 15.9% N/A

Total Return Ranking - Trailing

Period TFIFX Return Category Return Low Category Return High Rank in Category (%)
YTD -23.5% -55.7% -10.0% 29.33%
1 Yr -16.7% -53.7% 1.5% 36.00%
3 Yr -5.4%* -27.6% 4.7% 44.78%
5 Yr N/A* -18.1% 4.2% 16.92%
10 Yr N/A* -8.6% 7.6% 10.00%

* Annualized

Total Return Ranking - Calendar

Period TFIFX Return Category Return Low Category Return High Rank in Category (%)
2019 24.9% 14.9% 34.3% 48.00%
2018 -19.5% -36.1% -4.8% 57.97%
2017 13.7% -9.3% 30.0% 59.09%
2016 N/A 1.0% 37.9% N/A
2015 N/A -17.1% 15.9% N/A

NAV & Total Return History


Holdings

TFIFX - Holdings

Concentration Analysis

TFIFX Category Low Category High TFIFX % Rank
Net Assets 597 M 984 K 5.82 B 13.33%
Number of Holdings 92 18 426 24.00%
Net Assets in Top 10 162 M 418 K 2.44 B 13.33%
Weighting of Top 10 31.08% 19.9% 80.7% 78.67%

Top 10 Holdings

Asset Allocation

Weighting Return Low Return High TFIFX % Rank
Stocks
93.74% 83.92% 100.17% 86.67%
Cash
6.26% 0.00% 6.33% 8.00%
Preferred Stocks
0.00% 0.00% 8.23% 24.00%
Other
0.00% -1.30% 7.57% 28.00%
Convertible Bonds
0.00% 0.00% 0.57% 29.33%
Bonds
0.00% -0.59% 0.00% 20.00%

Stock Sector Breakdown

Weighting Return Low Return High TFIFX % Rank
Financial Services
85.98% 69.78% 100.00% 72.00%
Real Estate
7.75% 0.00% 30.22% 26.67%
Technology
4.49% 0.00% 13.00% 24.00%
Industrials
1.77% 0.00% 5.65% 14.67%
Utilities
0.00% 0.00% 0.00% 20.00%
Healthcare
0.00% 0.00% 0.01% 20.00%
Energy
0.00% 0.00% 0.00% 20.00%
Communication Services
0.00% 0.00% 3.24% 26.67%
Consumer Defense
0.00% 0.00% 0.00% 20.00%
Consumer Cyclical
0.00% 0.00% 11.99% 41.33%
Basic Materials
0.00% 0.00% 4.44% 24.00%

Stock Geographic Breakdown

Weighting Return Low Return High TFIFX % Rank
US
77.57% 40.05% 100.00% 81.33%
Non US
16.17% 0.00% 54.89% 18.67%

Expenses

TFIFX - Expenses

Operational Fees

TFIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.69% 0.10% 4.35% 97.30%
Management Fee 0.64% 0.09% 1.25% 20.00%
12b-1 Fee 0.00% 0.00% 1.00% 3.92%
Administrative Fee N/A 0.05% 0.25% N/A

Sales Fees

TFIFX 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% 5.00% N/A

Trading Fees

TFIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

TFIFX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.40% 4.00% 410.00% 39.44%

Distributions

TFIFX - Distributions

Dividend Yield Analysis

TFIFX Category Low Category High TFIFX % Rank
Dividend Yield 0.00% 0.00% 1.60% 20.00%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

TFIFX Category Low Category High TFIFX % Rank
Net Income Ratio 1.72% -1.75% 9.95% 21.33%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

TFIFX - Fund Manager Analysis

Managers

Gabriel Solomon


Start Date

Tenure

Tenure Rank

Apr 30, 2014

6.01

6.0%

Mr. Solomon is a vice president at T. Rowe Price. He joined the Firm in 2004 and he has 11 years of investment experience. During the past five years, he has served as an equity research analyst and a portfolio manager (beginning in 2014). Formerly he worked as a equity analyst intern at Wellington Management Company, LLP (to 2003) and as consultant at Sibson Management Consulting (to 2002).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.92 23.34 8.73 2.5