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T. Rowe Price New America Growth Fund (PRWAX)

Net Asset Value
1 Day
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
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.


1 month+5.48% 3 years+17.16%
3 months+11.29% 5 years+18.15%
1 year+37.54% Since inception+10.95%
Data through --

Peer Comparisonvs. Large growth

Performance 5-yr return+18.15%+15.29%
Expense ratio0.80%1.11%
Risk 5 year sharpe ratio1.391.35
Net assets$4.4B$3.5B
Average market cap$65.4B$133.0B
Average P/E27.827.3
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


U.S. stock87.45%
Fixed income6.49%
International stock6.06%
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
-- 6.49%
AMZN Amazon5.78%
AAPL Apple5.11%
MSFT Microsoft4.56%
GOOG Google3.12%
HCA HCA Healthcare Inc3.06%
MA MasterCard2.31%
V Visa2.29%
PYPL PayPal Holdings Inc2.09%
BA Boeing2.05%