PRNEX - T. Rowe Price New Era

Nasdaq - Nasdaq Delayed Price. Currency in USD

T. Rowe Price New Era

T. Rowe Price New Era Fund, Inc.100 East Pratt StreetBaltimore MD 21202
800-638-5660
Management Information
Shawn T. Driscoll,Lead Manager since September 29, 2013
Shawn Driscoll is an investment analyst in the U.S. Equity Division of T. Rowe Price and the lead portfolio manager of the Natural Resources Equity Strategy following coal, exploration and production, and mining equipment companies. Mr. Driscoll is a vice president of T. Rowe Price Group, Inc. Mr. Driscoll has 10 years of investment experience, seven of which have been with T. Rowe Price. Prior to joining the firm in 2006, he was employed by MTB Investment Advisors as an Equity Research Analyst. He also worked for MPower Communications as an information technology project manager. Mr. Driscoll earned a B.A. in economics and mathematics from the University of Rochester and an M.B.A. in finance and global business from New York University, Leonard N. Stern School of Business.
Morningstar Style Box
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Morningstar Category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

Fund Overview

CategoryNatural Resources
Fund FamilyT. Rowe Price
Net Assets3.73B
YTD Return5.64%
Yield1.21%
Morningstar Rating★★★
Inception DateJan 19, 1969

Fund Operations

Last Dividend0.43
Last Cap Gain0.00
Holdings Turnover65.60%
Average for CategoryN/A

Fees & Expenses

ExpensePRNEXCategory Average
Annual Report Expense Ratio (net)0.67%1.40%
Prospectus Net Expense Ratio0.67%N/A
Prospectus Gross Expense Ratio0.67%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A4.79%
Max Deferred Sales LoadN/A1.57%
3 Yr Expense Projection214N/A
5 Yr Expense Projection373N/A
10 Yr Expense Projection835N/A