T. Rowe Price New Horizons Fund I Class (PRJIX)

Nasdaq - Nasdaq Delayed Price. Currency in USD

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50.35

+1.80

(+3.71%)

At close: 08:00PM EDT

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V
What an incredibly poor showing by a fund that was once an exceptional holding. The fund has dropped by more than 40% YTD, underperforming all comparative indexes. As a long term, 20+ years, shareholder, in
this fund I am absolutely appalled by this recent performance, including the fact the fund has now consistently underperformed in both up and down days in this volatile market. Why doesn't the fund
"manager'" provide an explanation as to his lackluster performance? Better yet, why doesn't T. R. Price ask him to justify his managerial position?
explanation as to how his oversight has eroded more than 2 years of gains under his
j
Hold on tight is all that I can say. This will eventually pass.
C
I'm no financial wizard by any stretch, but the day sleepy Joe won the election I transferred my entire 401K out of this and one other fund to a guaranteed 3% fund. Not sure when I'll get back in.
m
folks; ride it out.dont panic and buy more shares. the market always come back!
T
After 10 years with this fund, I realize now the wisdom of Bogle and index funds. I should have gotten out 6 months ago, but never dreamed this fund could do so poorly. Henry, come back, please!
d
Just turn it off and dont look until next year
R
OMG. I am an investor but this is really trying the patience of a 73 year old that has been in the market since my Grandfather gave me 10 shares of Ramada in 1968. 😀. I have been through a few swoons.
T
One has to wonder if the manager is shorting his own mutual fund. My 90-year old grandmother could do a better job.
Bearish
d
Everything is dumping so this is just a dont look at it moment
F
The performance today is questionable. What kept this from not being up more than $1.00 when all the top holdings were up much higher. Amazing how yesterday and today NASD up much higher than this fund, but yet on Tuesday was down more, do what is driving this?
b
If you didnt see this coming, its on you. The fund HAS to stay invested. You dont.
P
Anyone have a wild guess on what cap gains will be if we continue like this to year end? Last year the gains put me in a higher tax bracket and I want to make some changes to portfolio but afraid even with such poor performance there will be cap gains again this year.
R
The way I’m thinking - accumulating at this lower price and eventually when the uptrend continues it will probably outpace the market. When that is is anybody’s guess
R
Scary fact - 4/30/1972 this fund was priced at $43.20

https://www.troweprice.com/personal-investing/tools/fund-research/PRNHX?src=USIFundRedirect&adobe_mc_sdid=SDID%3D392439040C333B72-31BECEDC25A5936C%7CMCORGID%3DD15D15F354F647770A4C98A4%40AdobeOrg%7CTS%3D1653083284&adobe_mc_ref=https%3A%2F%2Fwww.google.com%2F#content-prices-distributions
M
I have been investing in PRNHX since 1989, so about 33 years. Things were quite rosy not too long ago before we had this 40% drop in value - this is very difficult to swallow, 40%. To recover to it's previous high would require a 67% gain, which based on average historical average returns is 4 years just to claw back what's been lost. Hindsight is 20/20 they say, said another way, it looks like a good time to diversify away from this fund. My dividend reinvestment funds have held their value during the last year, so cutting back on PRNHX to GFSTX or PRDGX looks to be in my future (15,000 shares of PRNHX held).
M
In only 3 months I lost almost 20% of all the money I had in this fund. T. Rowe says this is a medium risk fund. :(
M
Very good performance for the last 10 years, with the exception of 2021 when compared to SP500. With high inflation that is going to stay for the next few years and higher federal rate (not sure when it reaches neutrality with a hopefully smooth economic landing), I am not sure @ what percentage I need to keep this fund! It’s very risky to keep a significant % when getting close to retirement with economic reality very different from the previous decade.
For now just waiting until it gets around $80 … then I will readjust, or give it two more quarters …
Neutral
R
Let’s see - if it can make $80 by year end, which is wholly dependent upon market conditions of course - but if it can’t outperform the sp500 from here it’s over for me
G
After owning this fund for over a decade, I came to my senses as it swirled down the drain.
About two months ago, I decided to sell half, and then decided on dumping all of it.
Instead of waiting potentially years for this fund to recover, I took my proceeds and bought Alcoa (up 53% from my buy point), Norsk Hydro, Cleveland-Cliffs (up 62% from my buy point), and further diversified my holdings in equities that actually show a profit.
Not to name any names, but one of my comments two months ago, was "As for the fund cheerleader, let's just see how long it takes to get over even $80, much less $100. I bet it's going lower than $60 by the end of this week."
Well, it didn't dip under $60 that week, but it sure has since then ($55.48 on 03/14/2022).
If you want to cling to it in hopes of a miraculous rebound, go ahead.
I preferred to cut bait and invest that money where it would get up off the couch and go to work.
I'm not a genius or even a very savvy investor in my mind, but this fund is down for a long time, folks.
C
This is ridiculous. Can't do anything but hold now...and cry.