T. Rowe Price Real Assets Fund (PRAFX)
The investment seeks to provide long-term growth of capital. The fund invests at least 80% of its net assets (including any borrowings for investment purposes) in "real assets" and securities of companies that derive at least 50% of their profits or revenues from, or commit at least 50% of assets to, real assets and activities related to real assets. Real assets are defined broadly by the fund and are considered to include any assets that have physical properties. The fund will invest in companies located throughout the world and there is no limit on its investments in international securities or issuers in emerging markets.
Fund Info
| ISIN | US87279W1009 |
|---|---|
| CUSIP | 87279W100 |
| Issuer | T. Rowe Price |
| Inception Date | Jul 27, 2010 |
| Category | Global Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
PRAFX features an expense ratio of 0.92%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: PRAFX vs. TRREX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in T. Rowe Price Real Assets Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
T. Rowe Price Real Assets Fund had a return of 10.06% year-to-date (YTD) and 23.77% in the last 12 months. Over the past 10 years, T. Rowe Price Real Assets Fund had an annualized return of 5.15%, while the S&P 500 had an annualized return of 11.37%, indicating that T. Rowe Price Real Assets Fund did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 10.06% | 25.23% |
| 1 month | 0.84% | 3.86% |
| 6 months | 6.39% | 14.56% |
| 1 year | 23.77% | 36.29% |
| 5 years (annualized) | 8.22% | 14.10% |
| 10 years (annualized) | 5.15% | 11.37% |
Monthly Returns
The table below presents the monthly returns of PRAFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -4.50% | 0.59% | 7.03% | -2.94% | 3.88% | -2.10% | 4.23% | 1.73% | 3.07% | -3.30% | 10.06% | ||
| 2023 | 8.86% | -5.90% | -0.00% | 0.00% | -6.70% | 5.79% | 4.82% | -4.18% | -3.92% | -3.93% | 6.93% | 6.41% | 6.65% |
| 2022 | -2.94% | 0.67% | 5.82% | -5.88% | 0.40% | -13.18% | 6.86% | -3.32% | -9.62% | 7.43% | 9.91% | -4.03% | -10.24% |
| 2021 | -1.13% | 5.79% | 3.31% | 6.04% | 3.94% | -1.76% | 2.34% | -0.40% | -4.46% | 7.15% | -2.64% | 5.78% | 25.74% |
| 2020 | -3.49% | -7.67% | -17.19% | 13.03% | 3.57% | 2.56% | 6.15% | 2.26% | -4.16% | -2.22% | 11.99% | 6.03% | 7.02% |
| 2019 | 10.31% | 0.81% | 1.60% | -0.53% | -4.59% | 6.56% | -1.65% | -1.24% | 1.52% | 1.14% | 0.43% | 4.50% | 19.62% |
| 2018 | 0.68% | -6.03% | 0.90% | 2.87% | 1.05% | 0.43% | 0.77% | -2.47% | 0.79% | -5.98% | 0.37% | -5.05% | -11.55% |
| 2017 | 4.00% | -0.45% | -1.08% | -0.91% | -0.46% | -0.09% | 3.14% | 0.18% | 0.45% | 0.44% | 1.59% | 3.36% | 10.48% |
| 2016 | -4.20% | 4.27% | 9.84% | 6.75% | -3.87% | 5.69% | 4.83% | -3.36% | 1.65% | -3.52% | 0.93% | 1.40% | 21.00% |
| 2015 | 1.30% | 2.74% | -2.93% | 2.56% | -2.32% | -5.21% | -3.86% | -5.22% | -3.91% | 7.82% | -2.55% | -3.32% | -14.68% |
| 2014 | -0.92% | 5.88% | -0.18% | 3.18% | 1.03% | 4.06% | -0.41% | 0.98% | -7.77% | -0.09% | -2.28% | -1.30% | 1.53% |
| 2013 | 1.62% | -2.04% | 0.18% | -0.18% | -3.70% | -5.72% | 4.68% | -0.86% | 3.45% | 3.43% | -3.05% | 1.44% | -1.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PRAFX is 29, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for T. Rowe Price Real Assets Fund (PRAFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
T. Rowe Price Real Assets Fund provided a 1.38% dividend yield over the last twelve months, with an annual payout of $0.22 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.22 | $0.22 | $0.19 | $0.28 | $0.17 | $0.31 | $0.26 | $0.17 | $0.21 | $0.17 | $0.17 | $0.15 |
Dividend yield | 1.38% | 1.52% | 1.38% | 1.83% | 1.37% | 2.64% | 2.58% | 1.45% | 1.96% | 1.88% | 1.57% | 1.39% |
Monthly Dividends
The table displays the monthly dividend distributions for T. Rowe Price Real Assets Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 | $0.22 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.19 | $0.19 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.28 | $0.28 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 | $0.21 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2013 | $0.15 | $0.15 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the T. Rowe Price Real Assets Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the T. Rowe Price Real Assets Fund was 38.05%, occurring on Mar 23, 2020. Recovery took 166 trading sessions.
The current T. Rowe Price Real Assets Fund drawdown is 1.20%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -38.05% | Jan 21, 2020 | 44 | Mar 23, 2020 | 166 | Nov 16, 2020 | 210 |
| -33.37% | Jul 24, 2014 | 376 | Jan 20, 2016 | 492 | Jan 2, 2018 | 868 |
| -26.73% | Apr 21, 2022 | 110 | Sep 27, 2022 | 500 | Sep 24, 2024 | 610 |
| -16.37% | Jan 29, 2018 | 229 | Dec 24, 2018 | 243 | Dec 11, 2019 | 472 |
| -14.42% | Feb 27, 2012 | 68 | Jun 1, 2012 | 72 | Sep 14, 2012 | 140 |
Volatility
Volatility Chart
The current T. Rowe Price Real Assets Fund volatility is 3.27%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.