# T. Rowe Price Communications & Technology Fund Investor Class (PRMTX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/prmtx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: T. Rowe Price · Asset class: Equity - Strategy: Actively Managed · Inception: 1993-10-13 The fund's primary objective is to achieve substantial long-term capital appreciation. It typically allocates at least 80% of its total assets (including any investment leverage) to equity securities issued by companies in the communications and technology industries. The portfolio manager utilizes a dual approach for stock selection, incorporating both growth and value methodologies. Its holdings may encompass both domestic and international corporations, and the portfolio can, at times, exhibit a relatively high degree of concentration with a limited number of positions. This fund is cate... ## Key Facts | Metric | Value | |---|---| | Price | $123.03 | | Expense Ratio | 0.77% | | Assets Under Management | $6.23B | | NAV | $123.03 | | Holdings Count | — | | Distribution Yield (TTM) | 26.97% | | Annual Distribution (TTM) | $33.19 /share | | Distribution Frequency | Annual | | 52-Week Range | $118.13 – $174.99 | | Beta | 0.97 | ## Latest Distribution - Amount: $33.1866 /share - Ex-date: 2025-12-15 - Pay date: 2025-12-16 ## Frequently Asked Questions ### What does PRMTX invest in? The fund's primary objective is to achieve substantial long-term capital appreciation. It typically allocates at least 80% of its total assets (including any investment leverage) to equity securities issued by companies in the communications and technology industries. The portfolio manager utilizes a dual approach for stock selection, incorporating both growth and value methodologies. Its holdings may encompass both domestic and international corporations, and the portfolio can, at times, exhibit a relatively high degree of concentration with a limited number of positions. This fund is categorized as non-diversified. ### What is the expense ratio of PRMTX? T. Rowe Price Communications & Technology Fund Investor Class (PRMTX) charges an expense ratio of 0.77%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is PRMTX? T. Rowe Price Communications & Technology Fund Investor Class (PRMTX) manages $6.23B 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 PRMTX actively managed or an index fund? PRMTX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRMTX's is 0.77%) in exchange for the discretion to over- or under-weight positions. ### When was PRMTX launched? T. Rowe Price Communications & Technology Fund Investor Class (PRMTX) launched in October 1993 and is managed by T. Rowe Price. ### How has PRMTX performed? PRMTX'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. ### Does PRMTX pay a dividend? T. Rowe Price Communications & Technology Fund Investor Class (PRMTX) currently distributes little or no income. Trailing-twelve-month yield is 26.97%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PRMTX pay dividends? T. Rowe Price Communications & Technology Fund Investor Class pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PRMTX's dividend yield? PRMTX's trailing-twelve-month yield is 26.97%, calculated from the sum of dividends over the past year divided by the current price. ### When is PRMTX's next ex-dividend date? The most recently announced ex-dividend date for PRMTX was 2025-12-15. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will PRMTX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.77% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PRMTX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PRMTX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PRMTX cost more than a fund like VOO? PRMTX is actively managed (current expense ratio 0.77%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether PRMTX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PRMTX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PRMTX (0.77%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/prmtx - Distribution history: https://www.dividenddata.com/funds/prmtx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/prmtx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/prmtx/expenses - Peer comparison: https://www.dividenddata.com/funds/prmtx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.