T. Rowe Price New Era Fund

 (MUTF:PRNEX)   Watch this mutual fund  
Find more results for MUTF:PRNEX

Performance

Trailing returns

1 day   +2.16%
   
1 week   +4.98%
   
4 week   +5.66%
   
3 month   +12.11%
   
YTD   +19.88%
   
1 year
   
-3.01%  
3 years*   +0.85%
   
5 years*
   
-1.31%  
*annualized
Best 3 month return+40.95%  
Worst 3 month return-46.88%  

Morningstar statistics

Morningstar category: Natural Resources
  Return Risk Rating
3 years Above Average Average
5 years Average Average
10 years Above Average Below Average
Overall Above Average Average
Morningstar style  Learn more
      Large
      Mid
      Small
Value Blend Growth  

Key statistics

Total assets3.26B 
Front load-  
Deferred load-  
Expense ratio0.67%  
Management fee-  
Fund familyT. Rowe Price 

Asset allocation

Cash1.70%  
Stocks97.36%  
Bonds0.88%  
Other0.06%  

Purchase information

Initial$2,500  
Additional$100  
IRA Initial$1,000  
AIP Initial$2,500  
AIP Additional$100  
30.11-0.90(-2.90%)
Jun 26, 8:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks to provide long-term capital growth. 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.
Fund filings (PDF) »
Asset manager:
Shawn Driscoll (Started: Sep 30, 2013)
Advisor Company:
T. Rowe Price Associates, Inc.
Fund family reports on Morningstar »
Dubai International Financial Centre, PO Box 482023, The Gate, Level 15, Office 24, Baltimore MD 21202, USA

Risk

  1 year 3 years 5 years 10 years  
Alpha* -0.86 -6.76 -8.95 -2.32
Beta* 1.12 1.10 1.25 1.19
Mean annual return -0.49 -0.03 -0.13 0.36
R-squared* 58.58 56.73 71.78 72.62
Standard deviation 22.90 17.52 20.05 23.70
Sharpe ratio -0.26 -0.03 -0.08 0.14
* Against standard index

Top 10 holdings

Security Net Assets  
Total SA (TTFNF) 4.00%  
Exxon Mobil Corp (XOM) 2.96%  
Occidental Petroleum Corp (OXY) 2.75%  
Royal Dutch Shell PLC B (RYDBF) 2.63%  
Cimarex Energy Co (XEC) 2.20%  
RPM International Inc (RPM) 2.16%  
Pioneer Natural Resources Co (PXD) 2.16%  
Concho Resources Inc (CXO) 2.15%  
Air Products & Chemicals Inc (APD) 2.13%  
Vulcan Materials Co (VMC) 1.97%