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How is T. Rowe Price New Horizons Fund (PRNHX) Performing?

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T. Rowe Price New Horizons ( PRNHX ) a Zacks Ranked #1 (Strong Buy) was incepted in June 1960 and is managed by T. Rowe Price Associates. The objective of PRNHX is to seek long-term growth of capital by investing primarily in common stocks of small, rapidly growing companies. PRNHX invests mostly in a diversified group of small emerging growth companies, preferably early in the corporate life cycle before a company becomes widely recognized by the investment community. PRNHX offers dividends and capital gains in December.

This Small Growth fund, as of the last filing, allocates their fund in three major groups; Small Growth, Large Growth and High Yield Bond. Further, as of the last filing, SS&C Technologies Holdings, Inc, O'Reilly Automotive Inc and Restoration Hardware Holdings, Inc were the top holdings for PRNHX.

T. Rowe Price New Horizons, managed by T. Rowe Price , carries an expense ratio of 0.89%. Moreover, PRNHX requires a minimal initial investment of $2,500.

PRNHX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 4.50%, 3 year 18.24% and 5 year 15.42%. To see how this fund performed compared in its category, please click here .

PRNHX's performance, as of the last filing, when compared to funds in its category was in the top 3% in 1 year, top 1% over the past 3 years, and in the 1% over the past 5 years.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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