T. Rowe Price New America Growth Fund (PRWAX)

51.19
Net Asset Value
-0.74%
1 Day
+6.58%
Year-to-Date
Overall Morningstar Rating
Large growth
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. 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-0.58% 3 years+14.21%
3 months+0.57% 5 years+17.66%
1 year+28.83% Since inception+11.01%
Data through --

Peer Comparisonvs. Large growth

 PRWAXCategory
Performance 5-yr return+17.66%+13.81%
Expense ratio0.80%1.10%
Risk 5 year sharpe ratio1.261.18
Net assets$4.6B$3.6B
Average market cap$74.2B$149.6B
Average P/E30.227.1
Portfolio turnover75%75%

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Fund Management and Purchase Info

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

Holdings

U.S. stock92.79%
International stock5.88%
Cash1.32%
Fixed income0.00%
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%