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T. Rowe Price Communications & Technology Fund (PR...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US7414541026

CUSIP

741454102

Issuer

T. Rowe Price

Inception Date

Oct 12, 1993

Min. Investment

$2,500

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
PRMTX vs. PRGTX PRMTX vs. PREIX PRMTX vs. VOO PRMTX vs. VGT PRMTX vs. QQQ PRMTX vs. SMPIX PRMTX vs. TRBCX PRMTX vs. PRWCX PRMTX vs. VTI PRMTX vs. VFIAX
Popular comparisons:
PRMTX vs. PRGTX PRMTX vs. PREIX PRMTX vs. VOO PRMTX vs. VGT PRMTX vs. QQQ PRMTX vs. SMPIX PRMTX vs. TRBCX PRMTX vs. PRWCX PRMTX vs. VTI PRMTX vs. VFIAX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in T. Rowe Price Communications & 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.


0.00%5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
19.98%
12.53%
PRMTX (T. Rowe Price Communications & Technology Fund)
Benchmark (^GSPC)

Returns By Period

T. Rowe Price Communications & Technology Fund had a return of 39.05% year-to-date (YTD) and 34.00% in the last 12 months. Over the past 10 years, T. Rowe Price Communications & Technology Fund had an annualized return of 8.71%, while the S&P 500 had an annualized return of 11.21%, indicating that T. Rowe Price Communications & Technology Fund did not perform as well as the benchmark.


PRMTX

YTD

39.05%

1M

6.85%

6M

19.98%

1Y

34.00%

5Y (annualized)

6.99%

10Y (annualized)

8.71%

^GSPC (Benchmark)

YTD

25.15%

1M

2.97%

6M

12.53%

1Y

31.00%

5Y (annualized)

13.95%

10Y (annualized)

11.21%

Monthly Returns

The table below presents the monthly returns of PRMTX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20245.39%6.79%1.71%-5.23%5.93%5.35%-2.22%3.62%3.92%2.18%39.05%
202311.83%-4.14%6.88%0.58%2.99%5.47%3.26%-1.13%-4.76%-0.41%10.69%-3.58%29.39%
2022-12.03%-4.32%1.41%-14.77%-2.94%-7.46%9.27%-3.51%-11.67%2.37%1.94%-20.18%-49.32%
2021-0.33%3.06%-2.39%7.06%-1.67%6.09%0.64%4.56%-4.81%3.74%-4.63%-8.85%1.17%
20203.08%-2.19%-6.84%13.96%8.16%6.76%8.30%8.36%-3.30%-1.21%7.85%-2.40%45.84%
201912.08%1.91%4.27%5.33%-5.29%5.45%1.21%-0.93%-2.20%2.70%2.50%2.29%32.28%
201810.22%-4.01%-1.96%-0.79%3.38%2.59%0.26%3.58%-0.56%-8.78%3.28%-8.50%-2.84%
20176.15%2.63%3.21%3.93%3.86%-1.27%6.00%1.49%-1.75%3.29%0.87%-1.54%29.94%
2016-5.96%-1.51%6.54%1.09%2.61%-0.06%4.46%1.36%2.50%-1.38%-1.93%-2.06%5.18%
2015-1.49%6.44%-1.77%2.86%1.41%-0.70%4.34%-5.78%-3.60%12.62%-0.05%-4.45%8.73%
2014-2.33%5.63%-4.90%-3.27%5.99%2.73%-0.11%2.57%-2.43%2.16%2.32%-11.23%-4.15%
20133.68%0.36%3.23%4.16%-0.15%0.99%6.14%0.02%6.31%4.17%2.08%-3.46%30.70%

Expense Ratio

PRMTX features an expense ratio of 0.77%, falling within the medium range.


Expense ratio chart for PRMTX: current value at 0.77% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.77%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of PRMTX is 49, 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.


The Risk-Adjusted Performance Rank of PRMTX is 4949
Combined Rank
The Sharpe Ratio Rank of PRMTX is 5757
Sharpe Ratio Rank
The Sortino Ratio Rank of PRMTX is 4444
Sortino Ratio Rank
The Omega Ratio Rank of PRMTX is 5858
Omega Ratio Rank
The Calmar Ratio Rank of PRMTX is 3030
Calmar Ratio Rank
The Martin Ratio Rank of PRMTX is 5757
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for T. Rowe Price Communications & Technology Fund (PRMTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for PRMTX, currently valued at 2.02, compared to the broader market-1.000.001.002.003.004.005.002.022.53
The chart of Sortino ratio for PRMTX, currently valued at 2.51, compared to the broader market0.005.0010.002.513.39
The chart of Omega ratio for PRMTX, currently valued at 1.38, compared to the broader market1.002.003.004.001.381.47
The chart of Calmar ratio for PRMTX, currently valued at 0.74, compared to the broader market0.005.0010.0015.0020.000.743.65
The chart of Martin ratio for PRMTX, currently valued at 10.97, compared to the broader market0.0020.0040.0060.0080.00100.0010.9716.21
PRMTX
^GSPC

The current T. Rowe Price Communications & Technology Fund Sharpe ratio is 2.02. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of T. Rowe Price Communications & Technology Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.02
2.53
PRMTX (T. Rowe Price Communications & Technology Fund)
Benchmark (^GSPC)

Dividends

Dividend History

T. Rowe Price Communications & Technology Fund provided a 0.14% dividend yield over the last twelve months, with an annual payout of $0.23 per share.


0.00%0.50%1.00%1.50%2.00%2.50%$0.00$0.50$1.00$1.5020132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.23$0.23$0.00$0.00$0.00$0.00$0.18$0.01$0.02$0.14$1.60$0.21

Dividend yield

0.14%0.19%0.00%0.00%0.00%0.00%0.19%0.01%0.03%0.20%2.46%0.30%

Monthly Dividends

The table displays the monthly dividend distributions for T. Rowe Price Communications & Technology Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
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$0.23$0.23
2022$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
2021$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
2020$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
2019$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
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.18$0.18
2017$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
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.02$0.02
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.14$0.14
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.60$1.60
2013$0.21$0.21

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.


-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-23.07%
-0.53%
PRMTX (T. Rowe Price Communications & Technology Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the T. Rowe Price Communications & 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 Communications & Technology Fund was 75.22%, occurring on Aug 5, 2002. Recovery took 1130 trading sessions.

The current T. Rowe Price Communications & Technology Fund drawdown is 23.07%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-75.22%Mar 28, 2000587Aug 5, 20021130Feb 2, 20071717
-63.35%Nov 1, 2007266Nov 20, 2008554Feb 3, 2011820
-58.16%Sep 8, 2021330Dec 28, 2022
-36.1%Jul 21, 199858Oct 8, 199864Jan 6, 1999122
-24.78%Feb 20, 202018Mar 16, 202046May 20, 202064

Volatility

Volatility Chart

The current T. Rowe Price Communications & Technology Fund volatility is 4.17%, 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.


2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
4.17%
3.97%
PRMTX (T. Rowe Price Communications & Technology Fund)
Benchmark (^GSPC)