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T. Rowe Price New America Growth Fund (PRWAX)

43.85
Net Asset Value
+0.07%
1 Day
+4.38%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
0.79%
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 the view of T. Rowe Price, 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-4.69% 3 years+17.55%
3 months-3.92% 5 years+17.14%
1 year+7.52% Since inception+10.77%
Data through --

Peer Comparisonvs. Large growth

 PRWAXCategory
Performance 5-yr return+17.14%+16.96%
Expense ratio0.79%1.20%
Risk 5 year sharpe ratio1.331.19
Net assets$4.5B$2.8B
Average market cap$44.1B$81.2B
Average P/E24.823.1
Portfolio turnover76%76%

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Fund Management and Purchase Info

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

Holdings

U.S. stock88.49%
International stock10.84%
Cash0.31%
Fixed income0.20%
Other0.15%
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 Amazon3.48%
V Visa2.85%
AGN Allergan2.50%
FB Facebook2.48%
GOOG Google2.38%
AAPL Apple2.15%
BIIB Biogen2.15%
CVS CVS Caremark2.03%
NFLX Netflix1.96%
REGN Regeneron Pharmaceuticals1.95%

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