T. Rowe Price Financial Services Fund

Frequently Asked Questions About PRISX

What does PRISX invest in?

The fund primarily allocates at least 80% of its net assets (including any borrowed capital) to equity securities of companies operating within the financial services industry. Additionally, it has the flexibility to invest in firms, such as financial software developers, that generate a significant portion (at least 50%) of their revenue from providing services to this sector. Investment selection is guided by a fundamental, 'bottom-up' analytical process, aiming to pinpoint high-caliber businesses with promising growth trajectories. It's important to note that this fund operates on a non-diversified basis.

What is the expense ratio of PRISX?

T. Rowe Price Financial Services Fund (PRISX) charges an expense ratio of 0.86%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PRISX?

T. Rowe Price Financial Services Fund (PRISX) manages $1.27B 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 PRISX actively managed or an index fund?

PRISX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRISX's is 0.86%) in exchange for the discretion to over- or under-weight positions.

When was PRISX launched?

T. Rowe Price Financial Services Fund (PRISX) launched in September 1996 and is managed by T. Rowe Price.

How has PRISX performed?

PRISX'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.