- What does PRSCX invest in?
- The primary goal of this investment vehicle is to achieve substantial capital growth over an extended period. Typically, the fund allocates at least 80% of its total assets—including any capital acquired through borrowing—to equity securities of businesses expected to thrive from advancements and utilization within the scientific and technological sectors. While a significant portion of its investments generally consists of common stocks issued by U.S. companies, the fund also holds the discretion to acquire shares from foreign markets, including those in emerging economies, as long as it aligns with its overarching investment objective. This fund employs a concentrated, rather than diversified, investment strategy.
- What is the expense ratio of PRSCX?
- T. Rowe Price Science and Technology Fund (PRSCX) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PRSCX?
- T. Rowe Price Science and Technology Fund (PRSCX) manages $11.24B 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 PRSCX actively managed or an index fund?
- PRSCX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRSCX's is 0.80%) in exchange for the discretion to over- or under-weight positions.
- When was PRSCX launched?
- T. Rowe Price Science and Technology Fund (PRSCX) launched in September 1987 and is managed by T. Rowe Price.
- How has PRSCX performed?
- PRSCX'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.
