- What does PRGTX invest in?
- The T. Rowe Price Global Technology Fund typically commits a minimum of 80% of its total net assets (including any capital acquired through borrowing) to the common stock of companies. These companies are identified by management as deriving a predominant portion of their revenue from the innovation, progress, or application of technology. Geographically, the fund generally seeks to hold investments in at least five distinct countries. Approximately 25% of its portfolio is usually allocated to international equities, encompassing companies located outside the United States, including those in burgeoning emerging markets. It's important to note that this fund operates on a non-diversified basis.
- What is the expense ratio of PRGTX?
- T. Rowe Price Global Technology Fund (PRGTX) charges an expense ratio of 0.93%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PRGTX?
- T. Rowe Price Global Technology Fund (PRGTX) manages $6.43B 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 PRGTX actively managed or an index fund?
- PRGTX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRGTX's is 0.93%) in exchange for the discretion to over- or under-weight positions.
- When was PRGTX launched?
- T. Rowe Price Global Technology Fund (PRGTX) launched in September 2000 and is managed by T. Rowe Price.
- How has PRGTX performed?
- PRGTX'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.
