- What does PRAFX invest in?
- This fund dedicates a significant portion—a minimum of 80%—of its net assets (which includes any capital acquired through borrowing) to investments directly in "real assets." This allocation also extends to companies that derive at least half (50%) of their profits or revenues from, or allocate at least 50% of their assets to, real assets and related business activities. The fund employs a broad definition for "real assets," essentially considering them to be any assets with tangible physical properties. Furthermore, the fund's investment scope is global, allowing it to invest in companies situated across the world, without any restrictions on its exposure to international securities or issuers in emerging markets.
- What is the expense ratio of PRAFX?
- T. Rowe Price Real Assets Fund, Inc. (PRAFX) charges an expense ratio of 0.93%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PRAFX?
- T. Rowe Price Real Assets Fund, Inc. (PRAFX) manages $10.21B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is PRAFX actively managed or an index fund?
- PRAFX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRAFX's is 0.93%) in exchange for the discretion to over- or under-weight positions.
- When was PRAFX launched?
- T. Rowe Price Real Assets Fund, Inc. (PRAFX) launched in July 2010 and is managed by T. Rowe Price.
- How has PRAFX performed?
- PRAFX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
