T. Rowe Price Real Assets Z (TRZRX)
| Fund Assets | 10.73B |
| Expense Ratio | n/a |
| Min. Investment | $500,000 |
| Turnover | 41.30% |
| Dividend (ttm) | 0.68 |
| Dividend Yield | 3.42% |
| Dividend Growth | 90.26% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 11, 2025 |
| Previous Close | 19.93 |
| YTD Return | 8.77% |
| 1-Year Return | 37.94% |
| 5-Year Return | 80.01% |
| 52-Week Low | 12.44 |
| 52-Week High | 19.94 |
| Beta (5Y) | n/a |
| Holdings | 308 |
| 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 37.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 19.61%.
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
20.81% of assets| Name | Symbol | Weight |
|---|---|---|
| Welltower Inc. | WELL | 3.58% |
| Equinix, Inc. | EQIX | 2.43% |
| Prologis, Inc. | PLD | 2.31% |
| Barrick Mining Corporation | ABX | 2.21% |
| Aggregate Miscellaneous Equity | n/a | 2.14% |
| BHP Group Limited | BHP | 1.99% |
| Agnico Eagle Mines Limited | AEM | 1.88% |
| Simon Property Group, Inc. | SPG | 1.51% |
| Ventas, Inc. | VTR | 1.39% |
| Franco-Nevada Corporation | FNV | 1.39% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 11, 2025 | $0.6815 | Dec 12, 2025 |
| 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 |