About PRMTX
The T. Rowe Price Communications & Technology Fund Investor Class is a mutual fund focused on long-term capital growth by investing primarily in companies operating within the communications and technology sectors. The fund allocates at least 80% of its net assets to equities in these industries, spanning both U.S. and international markets. Its portfolio typically features a blend of growth and value stocks, and may at times be concentrated in a relatively small number of holdings, reflecting a non-diversified approach. The fund's holdings include high-profile names in communication services and technology, such as Netflix, Meta Platforms, T-Mobile US, and Apple, which together represent a significant portion of its assets. Sector allocations encompass internet services, media and entertainment, telecom services, software, and hardware, offering exposure to dynamic and evolving segments of the global economy. Managed by experienced investment professionals, the fund plays a notable role in providing investors with access to leading innovators and market leaders at the intersection of communication and technology industries.
Fund Family T. Rowe Price
Category Communications
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PRMTX
Index S&P 500 TR
PRMTX had a total return of -2.04% in the past year, including dividends.
Since the fund's inception, the average annual return has been 14.36%.
