T. Rowe Price Real Assets Z (TRZRX)
| Fund Assets | 10.56B |
| Expense Ratio | n/a |
| Min. Investment | $500,000 |
| Turnover | 41.30% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 2.22% |
| Dividend Growth | 4.71% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 16.15 |
| YTD Return | 15.61% |
| 1-Year Return | 9.41% |
| 5-Year Return | 63.86% |
| 52-Week Low | 12.93 |
| 52-Week High | 16.15 |
| Beta (5Y) | n/a |
| Holdings | 270 |
| Inception Date | Mar 16, 2020 |
About TRZRX
The T. Rowe Price Real Assets Fund Z Class is a mutual fund designed to provide long-term growth of capital by investing primarily in real assets and companies substantially involved in real asset-related activities. It typically allocates at least 80% of its net assets to real assets and securities of companies that derive at least 50% of their revenues or profits from real assets, such as those in the real estate, basic materials, and energy sectors. The fund holds a diversified portfolio with significant exposure to real estate (around 39%) and basic materials (about 35%), alongside energy investments (approximately 19%). With assets under management exceeding $10 billion, this fund plays a prominent role in offering investors diversification with a focus on tangible assets that often act as an inflation hedge. It features a dividend yield near 2.4% and maintains a moderate portfolio turnover. The fund is considered a global large-stock value strategy reflecting T. Rowe Price's approach to long-term capital appreciation through real asset investments.
Performance
TRZRX had a total return of 9.41% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.26%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PRIKX | T. Rowe Price Real Assets Fund-i Class | 0.67% |
Top 10 Holdings
20.32% of assets| Name | Symbol | Weight |
|---|---|---|
| Equinix, Inc. | EQIX | 2.71% |
| Aquiva Group Inc | AQIA | 2.67% |
| Welltower Inc. | WELL | 2.41% |
| Prologis, Inc. | PLD | 2.06% |
| Aggregate Miscellaneous Equity | n/a | 1.91% |
| Freeport-McMoRan Inc. | FCX | 1.89% |
| American Tower Corporation | AMT | 1.72% |
| Agnico Eagle Mines Limited | AEM | 1.70% |
| Franco-Nevada Corporation | FNV | 1.67% |
| Public Storage | PSA | 1.57% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $0.3582 | Dec 13, 2024 |
| Dec 13, 2023 | $0.3421 | Dec 14, 2023 |
| Dec 13, 2022 | $0.3801 | Dec 14, 2022 |
| Dec 15, 2021 | $0.400 | Dec 16, 2021 |
| Dec 15, 2020 | $0.280 | Dec 16, 2020 |