Morningstar

T. Rowe Price New Era Fund PRNEX

Morningstar Medalist Rating
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Medalist Rating as of See T. Rowe Price Investment Hub
  • NAV / 1-Day Return $48.71  /  +1.25 %
  • Fund Size $2.7B
  • Adjusted Expense Ratio 0.790%
  • Net Expense Ratio 0.790%
  • Fee Level: Distribution Below Average
  • Share Class Type No Load
  • Morningstar Category Natural Resources
  • Equity Style Box (Funds) Mid Value
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 2.19%
  • Turnover Ratio 39%
NAV and 1-Day Return as of

Morningstar’s Analysis PRNEX

Will PRNEX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRNEX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PRNEX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PRNEX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

T. Rowe Price New Era holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings PRNEX

More PRNEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 32.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

ExxonMobil Holdings Corp

4.14 108M
Energy

Shell PLC

4.04 105M
Energy

ConocoPhillips

3.89 101M
Energy

Chevron Corp

3.73 97M
Energy

Valero Energy Corp

3.60 94M
Energy

Aggregate Miscellaneous Equity

3.36 87M
—

Canadian Natural Resources Ltd

2.69 70M
Energy

Linde PLC

2.54 66M
Basic Materials

Williams Companies Inc

2.48 65M
Energy

Marathon Petroleum Corp

2.12 55M
Energy

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