T. Rowe Price Real Assets Fund (PRAFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
20.26
+0.24 (1.20%)
At close: Feb 13, 2026
Fund Assets11.38B
Expense Ratio0.90%
Min. Investment$500,000
Turnover41.30%
Dividend (ttm)0.52
Dividend Yield2.57%
Dividend Growth137.86%
Payout FrequencyAnnual
Ex-Dividend DateDec 11, 2025
Previous Close20.02
YTD Return14.59%
1-Year Return40.51%
5-Year Return70.27%
52-Week Low12.60
52-Week High20.45
Beta (5Y)0.90
Holdings300
Inception DateJul 28, 2010

About PRAFX

The T. Rowe Price Real Assets Fund is a diversified mutual fund designed to provide long-term capital growth by investing primarily in real assets and companies closely tied to such assets. Its portfolio focuses on industries with tangible, physical properties, including energy, natural resources, real estate, basic materials, and commodities. The fund typically invests at least 80% of its net assets in these sectors, encompassing both U.S. and international companies, including those in emerging markets. Security selection is driven by fundamental, bottom-up analysis to identify high-quality firms with solid management and attractive valuations. In addition to equities, the fund may use derivatives like futures and swaps to adjust risk exposure and respond to inflationary conditions. Serving as a global large-stock value fund, it offers investors exposure to the potential inflation-hedging and diversification benefits of real assets, making it a notable option for those looking to balance traditional equity and fixed income holdings within a diversified portfolio.

Fund Family T. Rowe Price
Category World Large-Stock Value
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol PRAFX
Index MSCI AC World NR USD

Performance

PRAFX had a total return of 40.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.87%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
TRZRXT. Rowe Price Real Assets Funds-z Classn/a
PRIKXT. Rowe Price Real Assets Fund-i Class0.67%

Top 10 Holdings

20.09% of assets
NameSymbolWeight
Welltower Inc.WELL3.12%
Equinix, Inc.EQIX2.47%
Prologis, Inc.PLD2.22%
Barrick Mining CorporationABX2.22%
Aggregate Miscellaneous Equityn/a2.13%
BHP Group LimitedBHP1.89%
Agnico Eagle Mines LimitedAEM1.69%
Freeport-McMoRan Inc.FCX1.55%
Simon Property Group, Inc.SPG1.45%
Franco-Nevada CorporationFNV1.36%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 11, 2025$0.5202Dec 12, 2025
Dec 12, 2024$0.2187Dec 13, 2024
Dec 13, 2023$0.2159Dec 14, 2023
Dec 13, 2022$0.1865Dec 14, 2022
Dec 15, 2021$0.280Dec 16, 2021
Dec 15, 2020$0.170Dec 16, 2020
Full Dividend History