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Trending ETFs

Name

As of 05/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$18.86

$3.86 B

0.00%

0.79%

Vitals

YTD Return

19.7%

1 yr return

36.9%

3 Yr Avg Return

-4.8%

5 Yr Avg Return

12.9%

Net Assets

$3.86 B

Holdings in Top 10

57.8%

52 WEEK LOW AND HIGH

$18.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.79%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 81.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$500,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 05/24/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$18.86

$3.86 B

0.00%

0.79%

PGTIX - Profile

Distributions

  • YTD Total Return 19.7%
  • 3 Yr Annualized Total Return -4.8%
  • 5 Yr Annualized Total Return 12.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.62%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    T. Rowe Price Global Technology Fund, Inc.
  • Fund Family Name
    TROWEPRICE
  • Inception Date
    Nov 29, 2016
  • Shares Outstanding
    N/A
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Alan Tu

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 the adviser expects to generate a majority of their revenues from the development, advancement, and use of technology. The fund’s primary emphasis is on the common stocks of what the adviser considers to be leading technology companies around the world. The adviser normally seeks to invest in at least 5 countries and allocates approximately 25% of the fund’s assets in stocks of companies outside the U.S., including companies in emerging markets. However, the amount of the fund’s assets invested in foreign securities will vary depending on the portfolio manager’s view of opportunities overseas versus those in the U.S. Some of the industries and companies likely to be represented in the fund’s portfolio include:

·communications - voice, data, and wireless;

·computer - hardware and software;

·e-commerce (companies doing business through the Internet) and data processing services;

·fintech - digital payments and software;

·industrials - electric vehicles and software;

·internet infrastructure - hardware, software, and networking equipment;

·media and entertainment; and

·semiconductors - components and equipment.

Technology continues to gain share in all sectors of the economy globally including, but not limited to, traditional technology, IT hardware and services, e-commerce, fintech, and the industrial complex. Therefore, the adviser seeks to invest across a broad range of global enterprises.

Stock selection is based on intensive fundamental research that assesses companies’ business prospects, the valuations of their stocks, and their prospects for share price appreciation. The fund’s investments can range from small companies offering new technologies, including privately held companies and companies that only recently began to publicly trade, to large firms with established track records. Investments may also include companies positioned to benefit from advances in technology even if they are not direct technology providers. The fund may at times maintain a relatively concentrated portfolio, particularly when the fund’s top holdings outperform the remainder of the portfolio.

The fund is “nondiversified,” meaning it may invest a greater portion of its assets in fewer issuers than is permissible for a “diversified” fund.

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PGTIX - Performance

Return Ranking - Trailing

Period PGTIX Return Category Return Low Category Return High Rank in Category (%)
YTD 19.7% -21.4% 39.7% 22.62%
1 Yr 36.9% -14.6% 80.9% 33.03%
3 Yr -4.8%* -33.2% 30.9% 82.03%
5 Yr 12.9%* -11.0% 39.1% 76.80%
10 Yr N/A* 1.4% 28.3% 54.49%

* Annualized

Return Ranking - Calendar

Period PGTIX Return Category Return Low Category Return High Rank in Category (%)
2023 56.3% -5.6% 96.9% 20.36%
2022 -56.8% -73.9% -16.4% 95.41%
2021 -14.7% -44.6% 51.5% 86.64%
2020 67.3% 5.5% 154.1% 12.81%
2019 34.2% -3.0% 63.7% 48.19%

Total Return Ranking - Trailing

Period PGTIX Return Category Return Low Category Return High Rank in Category (%)
YTD 19.7% -21.4% 39.7% 22.62%
1 Yr 36.9% -14.6% 80.9% 33.03%
3 Yr -4.8%* -33.2% 30.9% 82.03%
5 Yr 12.9%* -11.0% 39.1% 76.80%
10 Yr N/A* 1.4% 28.3% 54.70%

* Annualized

Total Return Ranking - Calendar

Period PGTIX Return Category Return Low Category Return High Rank in Category (%)
2023 56.3% -2.3% 96.9% 28.51%
2022 -55.5% -67.5% -5.9% 96.79%
2021 10.1% -17.8% 59.2% 76.04%
2020 75.8% 17.5% 157.5% 12.32%
2019 34.3% 7.5% 66.9% 76.17%

NAV & Total Return History


PGTIX - Holdings

Concentration Analysis

PGTIX Category Low Category High PGTIX % Rank
Net Assets 3.86 B 4.67 M 81.2 B 23.32%
Number of Holdings 84 10 316 26.91%
Net Assets in Top 10 2.23 B 1.42 M 49.3 B 22.42%
Weighting of Top 10 57.77% 11.5% 100.0% 25.56%

Top 10 Holdings

  1. APPLE INC 13.32%
  2. MICROSOFT CORP 11.30%
  3. NVIDIA CORP 10.08%
  4. TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD 5.37%
  5. ADVANCED MICRO DEVICES INC 4.84%
  6. ASML HOLDING NV 3.81%
  7. SAMSUNG ELECTRONICS CO LTD 2.81%
  8. ADOBE INC 2.19%
  9. AMAZON.COM INC 2.03%
  10. SAP SE 2.02%

Asset Allocation

Weighting Return Low Return High PGTIX % Rank
Stocks
96.69% 0.00% 103.06% 83.86%
Preferred Stocks
3.22% 0.00% 7.72% 1.35%
Cash
0.10% -0.14% 26.97% 84.75%
Other
0.00% -0.01% 26.87% 82.96%
Convertible Bonds
0.00% 0.00% 0.40% 80.27%
Bonds
0.00% 0.00% 90.88% 80.27%

Stock Sector Breakdown

Weighting Return Low Return High PGTIX % Rank
Technology
74.48% 2.80% 100.00% 39.01%
Consumer Cyclical
14.31% 0.00% 32.97% 12.56%
Communication Services
10.85% 0.00% 97.05% 37.22%
Real Estate
0.36% 0.00% 15.05% 26.01%
Utilities
0.00% 0.00% 5.17% 81.17%
Industrials
0.00% 0.00% 38.68% 94.62%
Healthcare
0.00% 0.00% 25.57% 91.93%
Financial Services
0.00% 0.00% 38.36% 94.17%
Energy
0.00% 0.00% 1.24% 80.72%
Consumer Defense
0.00% 0.00% 5.64% 83.86%
Basic Materials
0.00% 0.00% 2.38% 82.06%

Stock Geographic Breakdown

Weighting Return Low Return High PGTIX % Rank
US
74.23% 0.00% 103.06% 91.03%
Non US
22.45% 0.00% 59.84% 9.42%

PGTIX - Expenses

Operational Fees

PGTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.79% 0.08% 5.04% 65.32%
Management Fee 0.74% 0.03% 1.95% 52.47%
12b-1 Fee N/A 0.00% 1.00% 35.71%
Administrative Fee N/A 0.00% 0.50% N/A

Sales Fees

PGTIX 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% 4.00% N/A

Trading Fees

PGTIX 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.

PGTIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 81.00% 0.69% 281.00% 85.39%

PGTIX - Distributions

Dividend Yield Analysis

PGTIX Category Low Category High PGTIX % Rank
Dividend Yield 0.00% 0.00% 7.82% 88.34%

Dividend Distribution Analysis

PGTIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Quarterly Annual

Net Income Ratio Analysis

PGTIX Category Low Category High PGTIX % Rank
Net Income Ratio -0.62% -2.30% 2.08% 64.84%

Capital Gain Distribution Analysis

PGTIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

PGTIX - Fund Manager Analysis

Managers

Alan Tu


Start Date

Tenure

Tenure Rank

May 01, 2019

3.08

3.1%

Alan is a manager of T. Rowe Price Associates, Inc.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 32.43 8.23 1.41