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T. Rowe Price New Era (PRNEX)

50.19 Down 0.17(0.34%) Jul 29

Profile as of Jun 29, 2014Get Profile for:
T. Rowe Price New Era
100 East Pratt StreetBaltimore MD 21202
Phone: 800-638-5660
Fund Overview 
Category:Natural Resources
Fund Family:T. Rowe Price
Net Assets:4.85B
Year-to-Date Return:14.90%
Morningstar Rating:3 stars
Fund Inception Date:1969-01-20
Morningstar Style Box 
Natural Resources
[View Category Definition]
View Top Natural Resources Funds
About the Morningstar Style Box
Management Information 
Timothy E. Parker
Lead Manager since Jun 30, 2010
Timothy E. Parker has been chairman of the committee since 2010 . Mr. Parker joined the Firm in 2001. He has served as an equity research analyst and then a portfolio manager (beginning in 2010).
Investment Information 
Min Initial Investment:2,500
Min Initial Investment, IRA:1,000
Min Initial Investment, AIP:2,500
Min Subsequent Investment:100
Min Subsequent Investment, IRA:100
Min Subsequent Investment, AIP:100
PRNEX can be purchased from 111 brokerages.

Fund Summary 
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.

Fund Operations 
Last Dividend (Dec 15, 2013) : 0.25
Last Cap Gain : 0.00
Annual Holdings Turnover (Jul 27, 2014) : 54.60%
Average for Category:47.51%
Fees & Expenses 
ExpensePRNEXCategory Avg
Annual Report Expense Ratio (net):0.66%1.45%
Prospectus Net Expense Ratio:0.66%N/A
Prospectus Gross Expense Ratio:0.66%N/A
Max 12b1 Fee:0.00%N/A
Max Front End Sales Load:N/A5.24%
Max Deferred Sales Load: N/A1.89%
3 Yr Expense Projection*:211698
5 Yr Expense Projection*:3681,118
10 Yr Expense Projection*:8222,237
* Per $10,000 invested