T. Rowe Price Global Technology Fund (PRGTX)
The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in the common stocks of companies the managers expect to generate a majority of their revenues from the development, advancement, and use of technology. It normally seeks to invest in at least 5 countries and allocate approximately 25% of its assets in stocks of companies outside the U.S, including companies in emerging markets.
Fund Info
| ISIN | US7414941085 |
|---|---|
| CUSIP | 741494108 |
| Issuer | T. Rowe Price |
| Inception Date | Sep 28, 2000 |
| Category | Technology Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
PRGTX has a high expense ratio of 0.95%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: PRGTX vs. PRMTX, PRGTX vs. VGT, PRGTX vs. PRHSX, PRGTX vs. BUFEX, PRGTX vs. DRGTX, PRGTX vs. VTI, PRGTX vs. PREFX, PRGTX vs. VITAX, PRGTX vs. VFIAX, PRGTX vs. VIGAX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in T. Rowe Price Global Technology 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 Global Technology Fund had a return of 21.63% year-to-date (YTD) and 39.12% in the last 12 months. Over the past 10 years, T. Rowe Price Global Technology Fund had an annualized return of 13.99%, outperforming the S&P 500 benchmark which had an annualized return of 10.85%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 21.63% | 17.79% |
| 1 month | -4.56% | 0.18% |
| 6 months | 4.84% | 7.53% |
| 1 year | 39.12% | 26.42% |
| 5 years (annualized) | 11.75% | 13.48% |
| 10 years (annualized) | 13.99% | 10.85% |
Monthly Returns
The table below presents the monthly returns of PRGTX, 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 | 4.02% | 8.77% | 1.92% | -5.87% | 8.52% | 6.93% | -2.74% | 1.82% | 21.63% | ||||
| 2023 | 14.83% | -1.30% | 9.13% | -2.41% | 12.28% | 5.51% | 2.44% | -2.72% | -6.42% | -1.12% | 13.89% | 3.84% | 55.92% |
| 2022 | -18.44% | -5.95% | -3.50% | -20.02% | -10.94% | -5.49% | 11.11% | -1.39% | -13.34% | 0.27% | -0.18% | -6.79% | -55.86% |
| 2021 | 3.00% | 3.66% | -5.83% | 6.88% | -1.36% | 9.15% | -0.13% | 4.56% | -4.33% | 7.73% | -3.70% | -8.57% | 9.64% |
| 2020 | 4.83% | -3.27% | -10.01% | 14.88% | 10.27% | 8.41% | 8.54% | 8.77% | -1.74% | -0.72% | 14.87% | 6.00% | 75.77% |
| 2019 | 13.85% | 5.26% | 0.96% | 6.84% | -10.53% | 7.80% | 2.04% | -4.19% | -0.81% | 2.03% | 5.98% | 2.59% | 34.12% |
| 2018 | 10.75% | -1.93% | -3.72% | -1.19% | 5.87% | -2.39% | 0.67% | -0.28% | -6.04% | -11.98% | 8.85% | -6.80% | -10.07% |
| 2017 | 9.91% | 3.85% | 3.05% | 4.37% | 5.79% | -1.34% | 5.02% | 2.75% | 0.11% | 6.39% | 0.57% | -0.69% | 47.09% |
| 2016 | -10.10% | -2.54% | 9.34% | 2.46% | 3.46% | -3.34% | 8.11% | 1.67% | 3.90% | -1.05% | -2.39% | -1.53% | 6.61% |
| 2015 | 0.08% | 7.22% | -2.95% | 5.07% | 1.48% | -2.49% | 3.45% | -5.43% | -1.00% | 12.07% | 3.66% | -0.43% | 21.31% |
| 2014 | -0.71% | 6.01% | 1.04% | -3.54% | 6.58% | 6.47% | -1.22% | 6.01% | -1.74% | 4.39% | 2.45% | -3.75% | 23.31% |
| 2013 | 1.78% | 0.97% | 1.35% | -0.47% | 5.53% | -1.81% | 8.65% | 0.68% | 5.13% | 3.60% | 3.01% | 6.22% | 40.02% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PRGTX is 41, 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 Global Technology Fund (PRGTX) 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 Global Technology Fund granted a 0.00% dividend yield in the last twelve months. The annual payout for that period amounted to $0.00 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.00 | $0.00 | $0.33 | $6.46 | $1.38 | $0.01 | $3.01 | $2.66 | $1.25 | $1.36 | $3.29 | $1.37 |
Dividend yield | 0.00% | 0.00% | 3.28% | 27.51% | 5.05% | 0.07% | 24.67% | 15.81% | 9.46% | 10.03% | 26.70% | 10.76% |
Monthly Dividends
The table displays the monthly dividend distributions for T. Rowe Price Global Technology 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 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $6.46 | $6.46 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.38 | $1.38 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.01 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.01 | $3.01 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.66 | $2.66 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.25 | $1.25 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.36 | $1.36 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.29 | $3.29 |
| 2013 | $1.37 | $1.37 |
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 Global Technology 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 Global Technology Fund was 72.11%, occurring on Oct 9, 2002. Recovery took 2052 trading sessions.
The current T. Rowe Price Global Technology Fund drawdown is 30.80%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -72.11% | Dec 12, 2000 | 456 | Oct 9, 2002 | 2052 | Dec 2, 2010 | 2508 |
| -65.29% | Nov 17, 2021 | 246 | Nov 9, 2022 | — | — | — |
| -29.22% | Feb 20, 2020 | 18 | Mar 16, 2020 | 46 | May 20, 2020 | 64 |
| -26.78% | Mar 13, 2018 | 199 | Dec 24, 2018 | 80 | Apr 22, 2019 | 279 |
| -24.28% | Dec 7, 2015 | 46 | Feb 11, 2016 | 77 | Jun 2, 2016 | 123 |
Volatility
Volatility Chart
The current T. Rowe Price Global Technology Fund volatility is 7.65%, 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.