T. Rowe Price New Era Fund (PRNEX)
| Fund Assets | 2.48B |
| Expense Ratio | 0.75% |
| Min. Investment | $500,000 |
| Turnover | 82.80% |
| Dividend (ttm) | 4.27 |
| Dividend Yield | 10.41% |
| Dividend Growth | 132.42% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 15, 2023 |
| Previous Close | 41.03 |
| YTD Return | 10.18% |
| 1-Year Return | 10.74% |
| 5-Year Return | 56.64% |
| 52-Week Low | 35.44 |
| 52-Week High | 42.19 |
| Beta (5Y) | 0.89 |
| Holdings | 84 |
| Inception Date | Jan 20, 1969 |
About PRNEX
The investment seeks to provide long-term capital growth. The fund will normally invest a minimum of two-thirds of its assets in the common stocks of natural resource companies. The earnings and tangible assets of natural resources companies may benefit from periods of accelerating inflation. It also invests in other growth companies that the managers believe have strong potential for earnings growth but do not own or develop natural resources. The fund is non-diversified.
Performance
PRNEX had a total return of 10.74% in the past year. Since the fund's inception, the average annual return has been 7.52%, including dividends.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VGELX | Vanguard | Vanguard Energy Fund Admiral Shares | 0.36% |
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TRNEX | T. Rowe Price New Era Fund-i Class | 0.57% |
Top 10 Holdings
35.07% of assets| Name | Symbol | Weight |
|---|---|---|
| Exxon Mobil Corporation | XOM | 6.15% |
| Aggregate Miscellaneous Equity | n/a | 5.68% |
| ConocoPhillips | COP | 4.12% |
| Linde plc | LIN | 3.33% |
| Shell plc | SHEL | 3.25% |
| TotalEnergies SE | TTE | 2.76% |
| Enbridge Inc. | ENB | 2.56% |
| Chevron Corporation | CVX | 2.49% |
| The Williams Companies, Inc. | WMB | 2.38% |
| EOG Resources, Inc. | EOG | 2.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 15, 2023 | $4.2695 | Dec 18, 2023 |
| Dec 15, 2022 | $1.837 | Dec 16, 2022 |
| Dec 15, 2021 | $0.830 | Dec 16, 2021 |
| Dec 15, 2020 | $0.830 | Dec 16, 2020 |
| Dec 16, 2019 | $0.750 | Dec 17, 2019 |
| Dec 14, 2018 | $0.510 | Dec 17, 2018 |