T. Rowe Price Financial Services Fund (PRISX)
The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in the common stocks of companies in the financial services industry. In addition, it may invest in companies, such as providers of financial software, that derive substantial revenues (at least 50%) from conducting business in the financial services industry. Security selection is based on fundamental, bottom-up analysis that seeks to identify high quality companies with good appreciation prospects.
Fund Info
| ISIN | US77954N1037 |
|---|---|
| CUSIP | 77954N103 |
| Issuer | Blackrock |
| Inception Date | Sep 30, 1996 |
| Category | Financials Equities |
| Min. Investment | $2,500 |
| Asset Class | Equity |
Expense Ratio
PRISX features an expense ratio of 0.88%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Popular comparisons: PRISX vs. PGLOX, PRISX vs. VFH, PRISX vs. VOO, PRISX vs. PRNEX, PRISX vs. XLV, PRISX vs. VFIAX, PRISX vs. PRGTX, PRISX vs. PRHSX, PRISX vs. PRMTX, PRISX vs. PRSCX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in T. Rowe Price Financial Services 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 Financial Services Fund had a return of 32.90% year-to-date (YTD) and 54.04% in the last 12 months. Over the past 10 years, T. Rowe Price Financial Services Fund had an annualized return of 12.61%, outperforming the S&P 500 benchmark which had an annualized return of 11.41%.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 32.90% | 25.70% |
| 1 month | 8.12% | 3.51% |
| 6 months | 17.69% | 14.80% |
| 1 year | 54.04% | 37.91% |
| 5 years (annualized) | 15.45% | 14.18% |
| 10 years (annualized) | 12.61% | 11.41% |
Monthly Returns
The table below presents the monthly returns of PRISX, 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 | 2.35% | 3.54% | 6.33% | -3.77% | 3.91% | -1.28% | 5.90% | 2.74% | 0.63% | 3.28% | 32.90% | ||
| 2023 | 8.86% | -1.29% | -13.71% | 2.10% | -4.41% | 7.36% | 7.05% | -3.62% | -1.94% | -1.98% | 10.75% | 7.70% | 14.95% |
| 2022 | 1.36% | -2.14% | -1.88% | -8.97% | 3.92% | -10.21% | 5.68% | -1.34% | -7.84% | 12.95% | 5.51% | -6.00% | -10.99% |
| 2021 | 0.11% | 13.55% | 5.49% | 5.42% | 3.41% | -3.61% | -0.24% | 4.97% | -0.59% | 6.09% | -5.26% | 4.53% | 37.83% |
| 2020 | -1.35% | -8.64% | -23.95% | 8.80% | 3.52% | 2.39% | 1.53% | 4.38% | -4.19% | 2.52% | 18.29% | 8.54% | 5.65% |
| 2019 | 9.05% | 3.21% | -2.25% | 6.17% | -4.06% | 4.47% | 3.07% | -2.57% | 3.36% | 1.02% | 3.61% | 2.02% | 29.75% |
| 2018 | 5.61% | -2.57% | -1.01% | 0.81% | 0.80% | -0.66% | 1.91% | 1.43% | -2.65% | -6.01% | 3.19% | -10.44% | -10.12% |
| 2017 | 1.10% | 3.58% | -1.59% | 0.59% | -1.10% | 5.47% | 2.14% | -1.99% | 4.73% | 1.94% | 2.81% | 0.30% | 19.17% |
| 2016 | -10.63% | -3.32% | 7.30% | 2.13% | 3.63% | -5.61% | 4.57% | 4.57% | 0.05% | -0.32% | 10.62% | 4.66% | 16.92% |
| 2015 | -7.02% | 8.28% | 0.58% | 1.64% | 1.53% | 2.11% | 1.39% | -6.36% | -3.42% | 4.28% | 2.29% | -4.73% | -0.57% |
| 2014 | -4.13% | 3.60% | 1.71% | -2.74% | 1.19% | 2.05% | -1.73% | 3.46% | -1.18% | 3.15% | 2.03% | 1.81% | 9.23% |
| 2013 | 6.69% | 1.82% | 3.02% | 1.38% | 5.60% | -0.50% | 4.88% | -4.66% | 4.83% | 3.32% | 4.82% | 2.66% | 38.94% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of PRISX is 89, placing it in the top 11% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for T. Rowe Price Financial Services Fund (PRISX) 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 Financial Services Fund provided a 1.50% dividend yield over the last twelve months, with an annual payout of $0.71 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.71 | $0.71 | $0.62 | $0.45 | $0.40 | $0.43 | $0.40 | $0.24 | $0.22 | $0.25 | $0.24 | $0.18 |
Dividend yield | 1.50% | 2.00% | 1.99% | 1.25% | 1.49% | 1.53% | 1.77% | 0.86% | 0.89% | 1.18% | 1.08% | 0.88% |
Monthly Dividends
The table displays the monthly dividend distributions for T. Rowe Price Financial Services 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 | $0.71 | $0.71 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.62 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.45 | $0.45 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.40 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.43 | $0.43 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.40 | $0.40 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2016 | $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 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 | $0.25 |
| 2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.24 | $0.24 |
| 2013 | $0.18 | $0.18 |
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 Financial Services 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 Financial Services Fund was 67.34%, occurring on Mar 9, 2009. Recovery took 1107 trading sessions.
The current T. Rowe Price Financial Services Fund drawdown is 1.12%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -67.34% | Jun 4, 2007 | 443 | Mar 9, 2009 | 1107 | Aug 1, 2013 | 1550 |
| -42.86% | Feb 21, 2020 | 22 | Mar 23, 2020 | 179 | Dec 4, 2020 | 201 |
| -32.66% | Jul 15, 1998 | 62 | Oct 8, 1998 | 145 | Apr 29, 1999 | 207 |
| -28.71% | Apr 11, 2002 | 126 | Oct 9, 2002 | 185 | Jul 8, 2003 | 311 |
| -27.27% | Jul 23, 2015 | 141 | Feb 11, 2016 | 193 | Nov 15, 2016 | 334 |
Volatility
Volatility Chart
The current T. Rowe Price Financial Services Fund volatility is 7.76%, 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.