T. Rowe Price New Era Fund (PRNEX)

41.75
Net Asset Value
-6.35%
1 Day
-6.01%
Year-to-Date
Overall Morningstar Rating
Natural resources
Style or Category
No Load
Sales Expenses
0.66%
Expense Ratio
Average
Morningstar Risk Rating™
Investment Objective The investment seeks to provide long-term capital growth. The fund will normally invest a minimum of two-thirds of fund assets in the common stocks of natural resource companies whose earnings and tangible assets could benefit from accelerating inflation. At least half of fund assets will be invested in stocks of U.S. issuers, but up to 50% of total assets may be invested in international stocks. It 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+0.47% 3 years+8.58%
3 months-10.68% 5 years+4.34%
1 year+2.77% Since inception+10.07%
Data through --

Peer Comparisonvs. Natural resources

 PRNEXCategory
Performance 5-yr return+4.34%+6.13%
Expense ratio0.66%1.47%
Risk 5 year sharpe ratio0.400.37
Net assets$4.2B$801.5M
Average market cap$15.8B$18.6B
Average P/E19.316.9
Portfolio turnover55%55%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

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

Holdings

U.S. stock74.98%
International stock23.62%
Cash0.83%
Fixed income0.57%
Other0.00%
Top 5 Sectors
Portfolio weighting
Energy 61.48%
Industrial materials 33.40%
Utilities 3.07%
Hardware 0.85%
Financial service 0.73%
Top 10 Holdings
Portfolio weighting
RDSA Royal Dutch Shell PLC ADR Class A3.22%
PXD Pioneer Natural Resources Co3.16%
XOM Exxon Mobil Corporation2.88%
NI NiSource Inc2.60%
CXO Concho Resources Inc2.47%
XEC Cimarex Energy Co2.33%
APC Anadarko Petroleum Corp2.26%
APA Apache Corporation2.21%
EQT EQT Corp2.14%
-- Eni SpA2.14%

To view my watchlist

Not a member yet?

Sign up now for a free account

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.