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T. Rowe Price New Era (PRNEX) Fund Ranking and Research

Ranking, Research and Recommendation of T. Rowe Price New Era (PRNEX) Fund

    Last Trade: $ on , Change: (0%)

 

Graph of T. Rowe Price New Era Fund (PRNEX) ManagerFund Manager - Shawn T. Driscoll

Fund Manager Information

Fund Manager Tenure: 4.2 years
Fund Family: T. Rowe Price
Fund Category: Natural Resources
Fund Performance: May 30, 2016
Fundmojo Fund Grade: A+ (Score: 0.8)     (What does this score mean?)
Honorable Mentioning: Money Magazine (2011),

 

Graph of T. Rowe Price New Era Fund (PRNEX) ProfileT. Rowe Price New Era Fund (PRNEX) Profile

Fund Profile and Description

T. Rowe Price New Era Fund seeks to provide long-term capital growth. T. Rowe Price New Era Fund normally invests 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. It also invests in other growth companies that have strong potential for earnings growth but do not own or develop natural resources. T. Rowe Price New Era Fund invests at least half of the fund assets in U.S. securities, but invests up to 50% of assets in foreign securities. It may also buy other types of securities, including futures and options.

 

T. Rowe Price New Era (PRNEX) Fund Strength What we like about T. Rowe Price New Era (PRNEX) Fund

Data for T. Rowe Price New Era Fund (PRNEX) as of May 30, 2016

  • T. Rowe Price New Era Fund (PRNEX) management has been with T. Rowe Price New Era Fund for 4.2 years
  • T. Rowe Price New Era Fund (PRNEX) has good short-term performance (1-year return -7.94% vs -16.02% Natural Resources category median performance)
  • T. Rowe Price New Era Fund (PRNEX) has good mid-term performance (3-year return -1.87% vs -7.51% Natural Resources category median performance)
  • T. Rowe Price New Era Fund (PRNEX) has good Long-term performance (5-year return -3.45% vs -7.88% Natural Resources category median performance)
  • T. Rowe Price New Era Fund (PRNEX) ratio of up-years vs down years is greater than 2
  • T. Rowe Price New Era Fund (PRNEX) has a Morningstar rating of 4 and above
  • Asset base in T. Rowe Price New Era Fund (PRNEX) has been consistently increasing at a reasonable pace in the last 2 months. It shows investor confidence and market support
  • T. Rowe Price New Era Fund (PRNEX) is less volatile than its peers as it has a 3-year Standard Deviation of 17.52, lower than category average of 19.38
  • T. Rowe Price New Era Fund (PRNEX) has a lower expense ratio than its Natural Resources average: 0.67% vs 1.40%
  • T. Rowe Price New Era Fund (PRNEX) is a true no-load fund as it has no load and no 12b1 promotion, distributions, marketing expenses

T. Rowe Price New Era Fund (PRNEX) Weakness What we are cautious about T. Rowe Price New Era (PRNEX) Fund

Data for T. Rowe Price New Era Fund (PRNEX) as of May 30, 2016

  • T. Rowe Price New Era Fund (PRNEX) has an annual stock turnover rate of 76.70% that is higher than the Natural Resources average of 73.81%. This could mean T. Rowe Price New Era is more nimble, but also signal potential high tax impact and high trading fees
  • As a Natural Resources focused fund, T. Rowe Price New Era Fund (PRNEX) is less diversified and has inherited sector risks associated with the fund
See T. Rowe Price New Era Fund (PRNEX) performance details as of May 30, 2016

 

What do you think?

 

Compare T. Rowe Price New Era Fund (PRNEX)Compare with other top Natural Resources category mutual funds

Aadditional top Natural Resources mutual funds for your consideration

FundYear to Date1 Year3 year5 year
T. Rowe Price New Era15.03-7.94-1.87-3.45
Dreyfus Natural Resources A (DNLAX)8.25-17.37-3.83-3.00Compare
Fidelity Select Chemicals Portfolio (FSCHX)7.92-1.888.369.76Compare
ICON Materials S (ICBMX)11.35-12.053.613.17Compare

See top fund managers for Natural Resources Category Funds

 

Compare T. Rowe Price New Era Fund (PRNEX)Compare with Natural Resources category ETFs

Some Natural Resources ETFs for your consideration

ETFYear to DateOne YearThree Year
First Trust Materials AlphaDEX ETF (FXZ)000
Vanguard Materials ETF (VAW)000
SPDR S&P International Matls Sect ETF (IRV)000
Materials Select Sector SPDR ETF (XLB)000
PowerShares S&P SmallCap Materials ETF (PSCM)000

 

Graph of T. Rowe Price New Era Fund (PRNEX) Net Asset TrackingT. Rowe Price New Era (PRNEX) Fund Net Asset

Track net asset change of T. Rowe Price New Era fund (PRNEX)

DateNet Asset
05/2016$3.26B
03/2016$3.02B
02/2016$2.65B
More historic net asset information on T. Rowe Price New Era Fund (PRNEX)

  

Graph of T. Rowe Price New Era Fund (PRNEX) Portfolio TrackingT. Rowe Price New Era (PRNEX) Fund Portfolio Allocation

Track portfolio allocation change of T. Rowe Price New Era fund (PRNEX)

DateCashStockBondOther
03/20161.7%97.36%0.88%0.06%
12/20150.61%98.82%0.23%0.13%
09/20151.62%97.37%0.3%0.22%
Click here to see more historic asset allocation information on T. Rowe Price New Era Fund (PRNEX)

 

graph of T. Rowe Price New Era Fund (PRNEX) Top 10 Position TrackingTop 10 Holdings in T. Rowe Price New Era (PRNEX) Fund

Discover what T. Rowe Price New Era Fund (PRNEX) manager is buying

Mar 30, 2016
Total SA [4%]
Exxon Mobil Corporation Common [2.96%]
Occidental Petroleum Corporatio [2.75%]
Royal Dutch Shell PLC B [2.63%]
Cimarex Energy Co Common Stock [2.2%]
Pioneer Natural Resources Compa [2.16%]
RPM International Inc. Common S [2.16%]
Concho Resources Inc. Common St [2.15%]
Air Products and Chemicals, Inc [2.13%]
Vulcan Materials Company (Holdi [1.97%]

Dec 30, 2015
Total SA [3.85%]
Exxon Mobil Corporation Common [3.69%]
Occidental Petroleum Corporatio [2.93%]
Pioneer Natural Resources Compa [2.45%]
Concho Resources Inc. Common St [2.39%]
EOG Resources, Inc. Common Stoc [2.34%]
Airgas, Inc. Common Stock [2.27%]
RPM International Inc. Common S [2.26%]
Air Products and Chemicals, Inc [2.03%]
Vulcan Materials Company (Holdi [2.01%]

Sep 29, 2015
Pioneer Natural Resources Compa [3.35%]
Concho Resources Inc. Common St [3.21%]
Exxon Mobil Corporation Common [2.88%]
Occidental Petroleum Corporatio [2.8%]
Total SA [2.8%]
Cimarex Energy Co Common Stock [2.7%]
EOG Resources, Inc. Common Stoc [2.26%]
EQT Corporation Common Stock [2.01%]
RPM International Inc. Common S [2.01%]
Airgas, Inc. Common Stock [1.99%]
Click here for Stock Holding Change Map in T. Rowe Price New Era Fund (PRNEX)

  

Latest News on T. Rowe Price New Era (PRNEX) Fund

See what is happening with T. Rowe Price New Era Fund (PRNEX)

 

T. Rowe Price New Era Fund (PRNEX) Related ResourcesSee more information on T. Rowe Price New Era (PRNEX) Fund

Popular pages on T. Rowe Price New Era (PRNEX) Fund

  

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