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Trending ETFs

Name

As of 06/21/2024

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

$144.23

$7.56 B

0.16%

$0.23

0.82%

Vitals

YTD Return

20.7%

1 yr return

36.7%

3 Yr Avg Return

-0.5%

5 Yr Avg Return

12.2%

Net Assets

$7.56 B

Holdings in Top 10

51.9%

52 WEEK LOW AND HIGH

$144.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.82%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 16.90%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/21/2024

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

$144.23

$7.56 B

0.16%

$0.23

0.82%

PRMTX - Profile

Distributions

  • YTD Total Return 20.7%
  • 3 Yr Annualized Total Return -0.5%
  • 5 Yr Annualized Total Return 12.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.50%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    T. Rowe Price Communications & Technology Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Oct 13, 1993
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    James Stillwagon

Fund Description

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in securities of communications and technology companies. These companies can be involved in a variety of industries, including, but not limited to, Internet-related industries such as digital advertising, e-commerce and streaming services; media, including studios, publishers, music labels and advertising agencies; telecommunications services and infrastructure providers; payment networks; enterprise software and services; computer hardware; semiconductor design and manufacturing; and components and equipment.

Stock selection is based on fundamental, bottom-up analysis that seeks to identify companies with good appreciation prospects. The portfolio manager may use both growth and value approaches to stock selection. When assessing opportunities among growth stocks, the portfolio manager generally seeks to identify companies with capable management, attractive business niches, sound financial and accounting practices, and a demonstrated ability to increase revenues, earnings, and cash flow consistently. In looking for value stocks, the portfolio manager will seek companies whose current stock prices appear undervalued in terms of earnings, projected cash flow, or asset value per share, and with growth potential temporarily unrecognized by the market. The portfolio manager also seeks to invest in companies whose stock prices may be temporarily depressed.

The fund’s portfolio may hold stocks of either U.S. or non-U.S. companies, and may at times consist of a relatively small number of holdings. Although the fund typically invests a greater portion of its assets in U.S. stocks, there is no limit on the fund’s investments in non-U.S. securities.

The fund may, to a limited extent, invest in privately held companies and companies that only recently began to trade publicly.

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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PRMTX - Performance

Return Ranking - Trailing

Period PRMTX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.7% -8.0% 21.1% 3.13%
1 Yr 36.7% -3.1% 37.4% 25.00%
3 Yr -0.5%* -12.8% 5.7% 43.75%
5 Yr 12.2%* -4.8% 14.9% 31.25%
10 Yr 13.8%* -1.0% 13.8% 4.55%

* Annualized

Return Ranking - Calendar

Period PRMTX Return Category Return Low Category Return High Rank in Category (%)
2023 29.2% -2.0% 57.1% 40.63%
2022 -49.3% -49.3% -19.8% 100.00%
2021 1.2% -15.7% 24.1% 65.63%
2020 45.8% -0.5% 46.0% 6.25%
2019 32.3% -4.8% 36.4% 9.68%

Total Return Ranking - Trailing

Period PRMTX Return Category Return Low Category Return High Rank in Category (%)
YTD 20.7% -8.0% 21.1% 3.13%
1 Yr 36.7% -3.1% 37.4% 25.00%
3 Yr -0.5%* -12.8% 5.7% 43.75%
5 Yr 12.2%* -4.8% 14.9% 31.25%
10 Yr 13.8%* -1.0% 13.8% 4.55%

* Annualized

Total Return Ranking - Calendar

Period PRMTX Return Category Return Low Category Return High Rank in Category (%)
2023 39.3% -1.2% 57.1% 37.50%
2022 -40.6% -40.6% -16.8% 100.00%
2021 9.7% -3.8% 25.7% 53.13%
2020 53.7% 0.3% 53.8% 6.25%
2019 33.9% 12.3% 40.1% 9.68%

NAV & Total Return History


PRMTX - Holdings

Concentration Analysis

PRMTX Category Low Category High PRMTX % Rank
Net Assets 7.56 B 1.87 M 18.1 B 9.38%
Number of Holdings 75 22 120 15.63%
Net Assets in Top 10 4.42 B 2.41 M 14 B 9.38%
Weighting of Top 10 51.92% 39.5% 84.1% 93.75%

Top 10 Holdings

  1. META PLATFORMS INC 7.94%
  2. NETFLIX INC 6.55%
  3. ALPHABET INC 6.39%
  4. MICROSOFT CORP 5.94%
  5. NVIDIA CORP 5.79%
  6. AMAZON.COM INC 5.62%
  7. T-MOBILE US INC 5.16%
  8. UBER TECHNOLOGIES INC 2.93%
  9. APPLE INC 2.87%
  10. WALT DISNEY CO/THE 2.73%

Asset Allocation

Weighting Return Low Return High PRMTX % Rank
Stocks
96.23% 92.76% 101.58% 78.13%
Cash
2.14% 0.00% 10.90% 68.75%
Preferred Stocks
1.63% 0.00% 2.89% 9.38%
Other
0.00% -0.03% 0.52% 93.75%
Convertible Bonds
0.00% 0.00% 0.00% 100.00%
Bonds
0.00% 0.00% 2.36% 100.00%

Stock Sector Breakdown

Weighting Return Low Return High PRMTX % Rank
Communication Services
40.62% 21.07% 100.00% 93.75%
Technology
31.61% 0.00% 68.78% 31.25%
Consumer Cyclical
14.61% 0.00% 14.61% 6.25%
Real Estate
10.75% 0.00% 12.57% 9.38%
Financial Services
2.41% 0.00% 6.60% 21.88%
Utilities
0.00% 0.00% 0.00% 100.00%
Industrials
0.00% 0.00% 2.78% 100.00%
Healthcare
0.00% 0.00% 0.00% 100.00%
Energy
0.00% 0.00% 2.38% 100.00%
Consumer Defense
0.00% 0.00% 0.00% 100.00%
Basic Materials
0.00% 0.00% 0.00% 100.00%

Stock Geographic Breakdown

Weighting Return Low Return High PRMTX % Rank
US
94.18% 70.06% 101.58% 78.13%
Non US
2.05% 0.00% 28.01% 28.13%

PRMTX - Expenses

Operational Fees

PRMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.82% 0.08% 5.28% 50.00%
Management Fee 0.64% 0.03% 1.00% 37.50%
12b-1 Fee N/A 0.00% 1.00% 12.50%
Administrative Fee 0.15% 0.15% 0.25% 20.00%

Sales Fees

PRMTX 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% 1.00% N/A

Trading Fees

PRMTX 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.

PRMTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 16.90% 13.00% 75.00% 22.22%

PRMTX - Distributions

Dividend Yield Analysis

PRMTX Category Low Category High PRMTX % Rank
Dividend Yield 0.16% 0.00% 6.98% 6.25%

Dividend Distribution Analysis

PRMTX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Quarterly Quarterly

Net Income Ratio Analysis

PRMTX Category Low Category High PRMTX % Rank
Net Income Ratio -0.50% -1.39% 2.76% 90.63%

Capital Gain Distribution Analysis

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

Distributions History

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PRMTX - Fund Manager Analysis

Managers

James Stillwagon


Start Date

Tenure

Tenure Rank

Nov 07, 2019

2.56

2.6%

Mr. Stillwagon joined T. Rowe Price in 2017 and his investment experience dates from 2008. Since joining the Firm, he has served as an equity investment analyst covering the media sector. Prior to joining the Firm, he was a managing director at Lone Pine Capital, where he sourced public- and private-equity investments across technology, media, and telecommunications.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.79 24.18 10.51 3.5