T. Rowe Price New Era I (TRNEX)

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33.31 +0.00  +0.00% Sep 20 USD
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Key Stats

Net Asset Value 33.31
Turnover Ratio 51.90%
1 Year Fund Level Flows -148.37M

Performance & Returns

  Total Return Cat. Total Return (NAV) % Rank in Cat. (NAV)
1M 6.25% 5.24% 38
3M -1.97% -0.82% 55
6M -2.46% -3.78% 47
YTD 10.74% 8.16% 43
1Y -9.79% -11.02% 46
3Y 3.24% 4.04% 64
5Y -2.47% -2.37% --
10Y 2.25% 2.84% --
15Y 5.10% 4.81% --
20Y 6.56% 5.87% --
As of Sept. 20, 2019. Returns for periods of 1 year and above are annualized.

Asset Allocation

Type % Net % Long % Short
Cash 0.15% 0.15% 0.00%
Stock 99.14% 99.14% 0.00%
Bond 0.34% 0.34% 0.00%
Convertible 0.00% 0.00% 0.00%
Preferred 0.37% 0.37% 0.00%
Other 0.00% 0.00% 0.00%
As of June 30, 2019

Region Exposure

Americas 66.02%
North America 66.02%
Latin America 0.00%
Greater Europe 29.43%
United Kingdom 10.88%
Europe Developed 17.93%
Europe Emerging 0.00%
Africa/Middle East 0.63%
Greater Asia 4.55%
Japan 0.44%
Australasia 4.11%
Asia Developed 0.00%
Asia Emerging 0.00%
Market Classification
% Developed Markets 99.37%
% Emerging Markets 0.63%
As of June 30, 2019. Region breakdown data is calculated by using the long position holdings of the portfolio.

Stock Sector Exposure

Basic Materials 29.91%
Communication Services 0.00%
Consumer Cyclical 4.00%
Consumer Defensive 1.14%
Energy 45.85%
Financial Services 0.00%
Healthcare 0.00%
Industrials 9.16%
Real Estate 0.00%
Technology 0.00%
Utilities 9.95%
As of June 30, 2019

Stock Market Capitalization

Giant 19.15%
Large 41.25%
Medium 30.26%
Small 9.12%
Micro 0.22%
As of June 30, 2019

Stock Style Exposure

Large Cap Value 12.53%
Large Cap Blend 27.22%
Large Cap Growth 20.19%
Mid Cap Value 6.46%
Mid Cap Blend 11.94%
Mid Cap Growth 12.88%
Small Cap Value 2.77%
Small Cap Blend 1.65%
Small Cap Growth 4.36%
As of June 30, 2019
View More Holdings

Top 10 Holdings

Symbol Name % Weight Price % Chg
FP Total SA 5.08% -- --
LIN Linde PLC 3.00% 194.11 -0.07%
APD Air Products & Chemicals Inc 2.94% 221.55 -0.33%
CXO Concho Resources Inc 2.73% 73.23 +0.76%
EOG EOG Resources Inc 2.64% 81.00 -0.75%
-- Bp Plc, London 2.54% -- --
TRP TC Energy Corp 2.29% 51.70 +1.53%
OXY Occidental Petroleum Corp 2.27% 45.70 -0.20%
PXD Pioneer Natural Resources Co 1.92% 134.34 -1.17%
FANG Diamondback Energy Inc 1.87% 96.82 -0.52%
As of June 30, 2019
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Basic Info

Investment Strategy
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.
General
Security Type Mutual Fund
Oldest Share Symbol PRNEX
Equity Style Large Cap/Blend
Fixed Income Style --
Broad Asset Class Sector Equity
Broad Category Equity
Category Name Natural Resources
Prospectus Objective Specialty - Natural Resources
Fund Owner Firm Name T. Rowe Price
Benchmark Index
MSCI World Slct Natural Resources NR USD 100.0%
Reports
One Page Report Download

Manager Info

Name Tenure
Shawn Driscoll 5.75 yrs

Net Fund Flows

1M 33.64M
3M -38.51M
6M -109.14M
YTD -168.46M
1Y -148.37M
3Y -156.21M
5Y -553.38M
10Y -2.096B
As of Aug. 31, 2019

Risk Info

Beta (5Y) 1.082
Historical Sharpe Ratio (10Y) --
Historical Sortino (All) 0.7674
Daily Value at Risk (VaR) 1% (All) 2.88%
Monthly Value at Risk (VaR) 1% (All) 10.90%

Fundamentals

Dividend Yield TTM (9-20-19) 1.68%
30-Day SEC Yield (9-3-19) 0.00%
7-Day SEC Yield (9-16-19) 0.00%
Weighted Average PE Ratio 17.87
Weighted Average Price to Sales Ratio 1.457
Weighted Average Price to Book Ratio 1.955
Weighted Median ROE 13.33%
Weighted Median ROA 5.71%
Forecasted Dividend Yield 2.51%
Forecasted PE Ratio 16.94
Forecasted Price to Sales Ratio 1.311
Forecasted Price to Book Ratio 1.987
Number of Holdings 127
As of June 30, 2019

Growth Estimates

Forecasted 5 Yr Earnings Growth 12.73%
Forecasted Book Value Growth 4.72%
Forecasted Cash Flow Growth 22.86%
Forecasted Earnings Growth 19.60%
Forecasted Revenue Growth 7.92%
As of June 30, 2019

Comparables

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Attributes

Purchase Details
Open to New Investors Yes
Open to Existing Investors Yes
Minimum Initial Investment 1.00M USD
Minimum Subsequent Investment 0.00 USD
Fees
Actual 12B-1 Fee --
Actual Management Fee 0.54%
Administration Fee 0.15%
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
Key Dates
Inception Date 12/17/2015
Termination Date
Last Annual Report Date 12/31/2018
Last Prospectus Date 5/1/2019
Attributes
Exchange Traded Share No
Exchange Traded Note No
Enhanced Index Fund No
Fixed Distribution Fund No
High-Net Worth Individual Fund No
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No

Excel Add-In Codes

  • Name: =YCI("M:TRNEX","name")
  • Broad Asset Class: =YCI("M:TRNEX", "broad_asset_class")
  • Broad Category: =YCI("M:TRNEX", "broad_category_group")
  • Prospectus Objective: =YCI("M:TRNEX", "prospectus_objective")

To find the codes for any of our financial metrics, see our Complete Reference of Metric Codes.

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