T. Rowe Price New Horizons Fund, Inc.
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.9%
1 yr return
23.7%
3 Yr Avg Return
-9.4%
5 Yr Avg Return
N/A
Net Assets
$24.7 B
Holdings in Top 10
24.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.64%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 42.50%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/04/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TRUZX - Profile
Distributions
- YTD Total Return 5.9%
- 3 Yr Annualized Total Return -9.4%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 0.20%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameT. Rowe Price New Horizons Fund, Inc.
-
Fund Family NameTROWEPRICE
-
Inception DateMar 16, 2020
-
Shares OutstandingN/A
-
Share ClassZ
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJoshua Spencer
Fund Description
The fund invests primarily in a diversified group of small, emerging growth companies, preferably early in their corporate life cycle before the companies become widely recognized by the investment community. The fund may also invest in companies that offer the possibility of accelerating earnings growth because of rejuvenated management, new products, or structural changes in the economy. The portfolio manager will not necessarily sell a position in a company that has grown beyond the developing stage if the company still fits the fund’s other investment criteria.
When choosing stocks forthe fund’s portfolio, the adviser tends to look for small, emerging growth companies that exhibit some or all of the following characteristics:
·effective management;
·operate in fertile growth areas;
·demonstrate innovative research, product development, and marketing;
·provide efficient service;
·possess pricing flexibility; and
·employ sound financial and accounting policies.
At times, the fund may have a significant portion of its assets invested in the same economic sector, such as the information technology, industrials, and health care sectors.
While most assets are typically invested in U.S. common stocks, the fund may invest in foreign stocks in keeping with its objective(s). The fund’s investments may include holdings in privately held companies and companies that only recently began to trade publicly.
TRUZX - Performance
Return Ranking - Trailing
Period | TRUZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.9% | -11.5% | 91.2% | 84.92% |
1 Yr | 23.7% | 11.9% | 81.9% | 74.24% |
3 Yr | -9.4%* | -27.9% | 54.8% | 91.28% |
5 Yr | N/A* | -3.4% | 101.5% | 14.95% |
10 Yr | N/A* | 2.3% | 25.1% | 3.85% |
* Annualized
Return Ranking - Calendar
Period | TRUZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.3% | -27.7% | 68.0% | 31.80% |
2022 | -39.2% | -85.6% | 52.8% | 88.05% |
2021 | -6.7% | -74.9% | 238.3% | 67.46% |
2020 | N/A | -44.1% | 2474.5% | N/A |
2019 | N/A | -50.2% | 44.0% | N/A |
Total Return Ranking - Trailing
Period | TRUZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.9% | -11.5% | 91.2% | 84.92% |
1 Yr | 23.7% | 11.9% | 81.9% | 74.24% |
3 Yr | -9.4%* | -27.9% | 54.8% | 91.28% |
5 Yr | N/A* | -3.4% | 101.5% | 14.87% |
10 Yr | N/A* | 2.3% | 25.1% | 3.25% |
* Annualized
Total Return Ranking - Calendar
Period | TRUZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 22.3% | -26.1% | 68.0% | 38.31% |
2022 | -36.5% | -67.0% | 56.8% | 89.21% |
2021 | 10.5% | -23.5% | 342.2% | 65.48% |
2020 | N/A | 2.6% | 2549.1% | N/A |
2019 | N/A | 14.6% | 44.8% | N/A |
NAV & Total Return History
TRUZX - Holdings
Concentration Analysis
TRUZX | Category Low | Category High | TRUZX % Rank | |
---|---|---|---|---|
Net Assets | 24.7 B | 2.73 M | 100 B | 2.48% |
Number of Holdings | 234 | 24 | 3581 | 9.35% |
Net Assets in Top 10 | 5.27 B | 670 K | 11.3 B | 5.53% |
Weighting of Top 10 | 24.29% | 4.5% | 98.2% | 58.78% |
Top 10 Holdings
- WEATHERFORD INTERNATIONAL PLC 2.56%
- SAIA INC 2.55%
- TOAST INC 2.45%
- BOOZ ALLEN HAMILTON HOLDING CORP 2.44%
- DAYFORCE INC 2.44%
- TELEDYNE TECHNOLOGIES INC 2.43%
- GLOBANT SA 2.40%
- IDEX CORP 2.38%
- T. Rowe Price Government Reserve Fund 2.36%
- PAYLOCITY HOLDING CORP 2.28%
Asset Allocation
Weighting | Return Low | Return High | TRUZX % Rank | |
---|---|---|---|---|
Stocks | 91.94% | 58.72% | 103.99% | 96.76% |
Preferred Stocks | 5.73% | 0.00% | 5.73% | 0.19% |
Cash | 2.36% | 0.00% | 28.07% | 34.35% |
Other | 0.00% | -0.04% | 14.45% | 58.40% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 43.51% |
Bonds | 0.00% | 0.00% | 2.73% | 48.09% |
Stock Sector Breakdown
Weighting | Return Low | Return High | TRUZX % Rank | |
---|---|---|---|---|
Technology | 37.88% | 0.04% | 62.17% | 14.89% |
Healthcare | 28.73% | 0.00% | 37.06% | 2.48% |
Industrials | 18.96% | 0.00% | 38.23% | 16.22% |
Consumer Cyclical | 6.25% | 0.00% | 57.41% | 93.13% |
Communication Services | 3.17% | 0.00% | 18.33% | 42.75% |
Real Estate | 2.53% | 0.00% | 19.28% | 46.95% |
Financial Services | 2.48% | 0.00% | 43.01% | 90.46% |
Utilities | 0.00% | 0.00% | 12.94% | 58.02% |
Energy | 0.00% | 0.00% | 62.10% | 78.82% |
Consumer Defense | 0.00% | 0.00% | 16.40% | 90.65% |
Basic Materials | 0.00% | 0.00% | 17.25% | 86.07% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TRUZX % Rank | |
---|---|---|---|---|
US | 89.67% | 46.79% | 103.99% | 94.47% |
Non US | 2.28% | 0.00% | 34.12% | 18.32% |
TRUZX - Expenses
Operational Fees
TRUZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.64% | 0.02% | 17.54% | 89.69% |
Management Fee | 0.64% | 0.00% | 1.50% | 30.98% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
TRUZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
TRUZX 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.
TRUZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 42.50% | 0.00% | 250.31% | 51.37% |
TRUZX - Distributions
Dividend Yield Analysis
TRUZX | Category Low | Category High | TRUZX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 33.43% | 54.39% |
Dividend Distribution Analysis
TRUZX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
TRUZX | Category Low | Category High | TRUZX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.20% | -2.24% | 2.75% | 11.05% |
Capital Gain Distribution Analysis
TRUZX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 13, 2022 | $0.001 | CapitalGainShortTerm |
Dec 13, 2022 | $2.184 | CapitalGainLongTerm |
Dec 15, 2021 | $13.790 | OrdinaryDividend |
Dec 15, 2020 | $11.640 | OrdinaryDividend |
TRUZX - Fund Manager Analysis
Managers
Joshua Spencer
Start Date
Tenure
Tenure Rank
Mar 31, 2019
3.17
3.2%
Joshua Spencer is the lead portfolio manager for the US Small-Cap Growth Equity Strategy, including the New Horizons Strategy. He was previously the portfolio manager of the Global Technology Equity Strategy for nearly seven years. Mr. Spencer is a vice president of T. Rowe Price Group, Inc. He earned a B.A. in economics from Johns Hopkins University, an M.A. in economics from the University of Chicago, and an M.B.A. in finance and accounting from the University of Chicago Booth School of Business. He has also earned the Chartered Financial Analyst designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 36.3 | 9.4 | 11.76 |