T. Rowe Price New America Growth Fund (PRWAX)

51.08
Net Asset Value
-0.31%
1 Day
+6.35%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
0.80%
Expense Ratio
High
Morningstar Risk Rating™
Investment Objective The investment seeks to provide long-term capital growth. The fund invests primarily (at least 65% of its total assets) in common stocks of U.S. companies operating in those sectors of the economy that- in T. Rowe Price's view- are the fastest growing or have the greatest growth potential. It may invest in foreign stocks in keeping with the fund's objectives. The fund may sell securities for a variety of reasons- such as to secure gains- limit losses- or redeploy assets into more promising opportunities.

Performance

1 month-0.08% 3 years+13.93%
3 months+8.49% 5 years+18.00%
1 year+31.07% Since inception+11.24%
Data through --

Peer Comparisonvs. Large growth

 PRWAXCategory
Performance 5-yr return+18.00%+15.29%
Expense ratio0.80%1.11%
Risk 5 year sharpe ratio1.421.37
Net assets$4.8B$3.7B
Average market cap$74.2B$144.1B
Average P/E30.228.7
Portfolio turnover93%93%

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Fund Management and Purchase Info

Fund familyT. Rowe Price
Fund manager & tenureJustin White / 1 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock92.79%
International stock5.88%
Fixed income1.32%
Cash0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Industrial materials 17.32%
Healthcare 13.77%
Consumer service 13.05%
Business service 10.78%
Energy 8.99%
Top 10 Holdings
Portfolio weighting
AMZN Amazon6.16%
MSFT Microsoft5.80%
AAPL Apple4.63%
FB Facebook4.04%
GOOG Google3.71%
V Visa2.35%
CCI Crown Castle International Corp2.34%
BA Boeing2.30%
BDX Becton Dickinson and Co2.13%
MA MasterCard2.12%