Morningstar

T. Rowe Price New Horizons Fund PRNHX

Medalist Rating as of Jun 26, 2026 See T. Rowe Price Investment Hub

Will PRNHX outperform in the future?

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

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Process Pillar

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

The People Pillar is our evaluation of the PRNHX 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 PRNHX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Taking shape under a new leader.

Analyst David Carey

David Carey

Analyst

Summary

T. Rowe Price New Horizons’ newly appointed manager has reshaped the portfolio, warranting Average People and Process ratings.

by David Carey

Rated on Jun 26, 2026 Published on Jun 26, 2026

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