T. Rowe Price Science & Technology Fund (PRSCX) seeks long-term capital growth and to invest at least 80% of net assets in common stocks of companies expected by T. Rowe Price to benefit from the development, advancement, and use of science and technology. While most assets are invested in U.S. common stocks, other securities may also be purchased, including foreign stocks, futures, and options, in keeping with the fund objectives.
This Sector - Tech product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 17.7% and 5 year 20.2%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
PRSCX’s performance, as of the last filing, when compared to funds in its category was in the top 37% over the past 1 year, and in the top 27% over the past 3 years and in the top 17% over the past 5 years.
The T. Rowe Price Science & Technology fund, as of the last filing, allocates their fund in top two major groups; Large Growth and Emerging Market. Further, as of the last filing, Amazon.com Inc (NASDAQ:AMZN), Microsoft Corp (NASDAQ:MSFT) and Red Hat Inc (NYSE:RHT) were the top holdings for PRSCX.
This Zacks Rank #1 (Strong Buy) was incepted in September 1987 and is managed by T. Rowe Price. PRSCX carries an expense ratio of 0.83% and requires a minimal initial investment of $2,500.
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Zacks Investment Research