T. Rowe Price Global Technology Fund

Frequently Asked Questions About PRGTX

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 $6.17B 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.