T. Rowe Price Media and Telecommunications Fund (PRMTX)
| 65.24 Net Asset Value | -0.93% 1 Day | +0.26% Year-to-Date | Overall Morningstar Rating |
| Communications Style or Category | No Load Sales Expenses | 0.80% Expense Ratio | Above Average Morningstar Risk Rating™ |
Investment Objective The investment seeks to provide long-term capital growth through the common stocks of media, technology, and telecommunications companies.
The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in the common stocks of companies engaged in any facet of media and telecommunications, including the Internet, publishing, movies, cable/satellite TV, telephones, cellular services, and technology and equipment. Generally, it generally invests in companies in the large- to mid-capitalization range.
Performance
| 1 month | -1.12% | 3 years | +19.14% | |
| 3 months | +1.59% | 5 years | +18.81% | |
| 1 year | +8.63% | Since inception | +14.48% |
Data through --
Peer Comparisonvs. Communications
| PRMTX | Category | |
|---|---|---|
| Performance 5-yr return | +18.81% | +10.42% |
| Expense ratio | 0.80% | 1.56% |
| Risk 5 year sharpe ratio | 1.16 | 0.80 |
| Net assets | $3.2B | $475.5M |
| Average market cap | $43.6B | $74.2B |
| Average P/E | 25.3 | 13.1 |
| Portfolio turnover | 54% | 54% |
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Fund Management and Purchase Info
| Fund family | T. Rowe Price |
| Fund manager & tenure | Paul Greene II / 1 Years |
| Minimal initial investment | $2,500.00 |
| Minimum IRA investment | $1,000.00 |
Holdings
| U.S. stock | 69.51% |
| International stock | 26.47% |
| Fixed income | 2.82% |
| Cash | 1.20% |
| Other | 0.00% |
Top 5 SectorsPortfolio weighting
| Telecommunication | 39.18% |
| Media | 37.39% |
| Consumer service | 10.07% |
| Hardware | 5.17% |
| Business service | 3.73% |
Top 10 HoldingsPortfolio weighting
| AMT American Tower Corp | 5.59% |
| CCI Crown Castle International Corp | 5.36% |
| BIDU Baidu Inc ADR | 5.32% |
| TWC Time Warner Cable Inc | 5.11% |
| AMZN Amazon.com Inc | 5.07% |
| PCLN Priceline Group Inc | 5.03% |
| VZ Verizon Communications Inc | 4.55% |
| LBTYK Liberty Global PLC Class C | 4.37% |
| FB Facebook Inc Class A | 4.14% |
| GOOG Google Inc | 2.87% |
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