T. Rowe Price New Horizons
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
Vitals
YTD Return
-31.6%
1 yr return
-31.2%
3 Yr Avg Return
7.7%
5 Yr Avg Return
12.4%
Net Assets
$24 B
Holdings in Top 10
35.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.75%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 42.50%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Investment Style
Mid-Cap Growth
Name
Price
Aum/Mkt Cap
YIELD & DIV
Exp Ratio
Watchlist
PRNHX - Profile
Distributions
- YTD Total Return -31.6%
- 3 Yr Annualized Total Return 7.7%
- 5 Yr Annualized Total Return 12.4%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.54%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameT. Rowe Price New Horizons Fund
-
Fund Family NameT. Rowe Price
-
Inception DateJun 03, 1960
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJoshua Spencer
Fund Description
The fund invests primarily in a diversified group of small, emerging growth companies, preferably early in their corporate life cycle before the companies become widely recognized by the investment community. It may also invest in companies that offer the possibility of accelerating earnings growth because of rejuvenated management, new products, or structural changes in the economy.
PRNHX - Performance
Return Ranking - Trailing
| Period | PRNHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -31.6% | -84.9% | 1701.0% | 85.25% |
| 1 Yr | -31.2% | -60.3% | 18.5% | 92.24% |
| 3 Yr | 7.7%* | -0.6% | 37.3% | 75.86% |
| 5 Yr | 12.4%* | 3.3% | 25.3% | 20.41% |
| 10 Yr | 14.8%* | 6.9% | 18.3% | 5.08% |
* Annualized
Return Ranking - Calendar
| Period | PRNHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -6.6% | -80.9% | 21888.9% | 65.49% |
| 2020 | 38.6% | -69.7% | 2474.5% | 22.47% |
| 2019 | 23.2% | -100.0% | 44.0% | 61.77% |
| 2018 | -8.3% | -100.0% | 9.2% | 21.41% |
| 2017 | 21.4% | -33.3% | 84.9% | 23.54% |
Total Return Ranking - Trailing
| Period | PRNHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | -31.6% | -84.9% | 1701.0% | 83.11% |
| 1 Yr | -31.2% | -61.9% | 73.8% | 91.53% |
| 3 Yr | 7.7%* | -4.2% | 37.3% | 72.99% |
| 5 Yr | 12.4%* | 3.3% | 25.3% | 19.85% |
| 10 Yr | 14.8%* | 6.9% | 18.3% | 4.67% |
* Annualized
Total Return Ranking - Calendar
| Period | PRNHX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2021 | -6.6% | -80.9% | 21888.9% | 65.49% |
| 2020 | 38.6% | -69.7% | 2474.5% | 22.47% |
| 2019 | 23.2% | -100.0% | 44.0% | 61.77% |
| 2018 | -8.3% | -100.0% | 19.9% | 43.03% |
| 2017 | 21.4% | -33.3% | 84.9% | 63.75% |
NAV & Total Return History
PRNHX - Holdings
Concentration Analysis
| PRNHX | Category Low | Category High | PRNHX % Rank | |
|---|---|---|---|---|
| Net Assets | 24 B | 710 K | 85.5 B | 2.46% |
| Number of Holdings | 149 | 20 | 3702 | 12.88% |
| Net Assets in Top 10 | 10.9 B | 2.5 K | 10.9 B | 0.48% |
| Weighting of Top 10 | 35.17% | 4.3% | 92.1% | 23.51% |
Top 10 Holdings
- Aggregate Miscellaneous Equity 7.16%
- Aggregate Miscellaneous Equity 7.16%
- Aggregate Miscellaneous Equity 7.16%
- Aggregate Miscellaneous Equity 7.16%
- Aggregate Miscellaneous Equity 7.16%
- Aggregate Miscellaneous Equity 7.16%
- Aggregate Miscellaneous Equity 7.16%
- Aggregate Miscellaneous Equity 7.16%
- Aggregate Miscellaneous Equity 7.16%
- Aggregate Miscellaneous Equity 7.16%
Asset Allocation
| Weighting | Return Low | Return High | PRNHX % Rank | |
|---|---|---|---|---|
| Stocks | 92.21% | 23.99% | 100.52% | 95.33% |
| Cash | 7.79% | -0.52% | 26.94% | 3.54% |
| Preferred Stocks | 0.00% | 0.00% | 2.30% | 85.51% |
| Other | 0.00% | -2.66% | 23.05% | 84.86% |
| Convertible Bonds | 0.00% | 0.00% | 0.40% | 85.02% |
| Bonds | 0.00% | 0.00% | 44.75% | 85.35% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PRNHX % Rank | |
|---|---|---|---|---|
| Technology | 37.88% | 0.04% | 62.17% | 16.91% |
| Healthcare | 28.73% | 0.00% | 43.77% | 4.35% |
| Industrials | 18.96% | 0.00% | 38.23% | 17.23% |
| Consumer Cyclical | 6.25% | 0.00% | 57.41% | 93.08% |
| Communication Services | 3.17% | 0.00% | 18.33% | 40.58% |
| Real Estate | 2.53% | 0.00% | 19.28% | 46.05% |
| Financial Services | 2.48% | 0.00% | 43.01% | 89.69% |
| Utilities | 0.00% | 0.00% | 12.94% | 88.89% |
| Energy | 0.00% | 0.00% | 62.10% | 94.52% |
| Consumer Defense | 0.00% | 0.00% | 16.40% | 98.39% |
| Basic Materials | 0.00% | 0.00% | 17.25% | 95.01% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PRNHX % Rank | |
|---|---|---|---|---|
| US | 80.07% | 23.38% | 100.52% | 96.14% |
| Non US | 12.14% | 0.00% | 35.22% | 6.60% |
PRNHX - Expenses
Operational Fees
| PRNHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.75% | 0.02% | 2.69% | 78.18% |
| Management Fee | 0.63% | 0.00% | 1.50% | 28.08% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 19.73% |
| Administrative Fee | 0.15% | 0.00% | 0.40% | 82.38% |
Sales Fees
| PRNHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| PRNHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| PRNHX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 42.50% | 0.00% | 417.06% | 48.77% |
PRNHX - Distributions
Dividend Yield Analysis
| PRNHX | Category Low | Category High | PRNHX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 45.47% | 86.80% |
Dividend Distribution Analysis
| PRNHX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Net Income Ratio Analysis
| PRNHX | Category Low | Category High | PRNHX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.54% | -2.24% | 2.75% | 44.69% |
Capital Gain Distribution Analysis
| PRNHX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
PRNHX - Fund Manager Analysis
Managers
Joshua Spencer
Start Date
Tenure
Tenure Rank
Mar 31, 2019
3.17
3.2%
Joshua Spencer is the lead portfolio manager for the US Small-Cap Growth Equity Strategy, including the New Horizons Strategy. He was previously the portfolio manager of the Global Technology Equity Strategy for nearly seven years. Mr. Spencer is a vice president of T. Rowe Price Group, Inc. He earned a B.A. in economics from Johns Hopkins University, an M.A. in economics from the University of Chicago, and an M.B.A. in finance and accounting from the University of Chicago Booth School of Business. He has also earned the Chartered Financial Analyst designation.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 8.94 | 1.47 |