T. Rowe Price Communications & Technology Fund Investor Class NMFQS:PRMTX

Communications | T. Rowe Price

$128.92

↑ $1.21 (0.95%)

Last Updated: Feb 01, 2026

Fund Information

Fund Category Communications

Fund Family T. Rowe Price

Fund Style Large Growth

ISIN US7414541026

CUSIP 741454102

Inception Date 1993-10-13

Domicile United States

Country USA

Fiscal Year End December

NAV Chart

Fund Metrics

Net Assets $9.31 Billion

Share Class Net Assets $5.12 Billion

Expense Ratio 0.77%

Expense Ratio Date 2025-03-01

Dividend Yield 0.00%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return -%

1-Year Return 0.17%

3-Year Return 22.56%

5-Year Return 5.06%

NAV $128.92

Previous Close Price $127.71

Last Update 2025-12-31

Dividend Information

Dividend Yield 0.00%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About T. Rowe Price Communications & Technology Fund Investor Class

The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in securities of communications and technology companies. The portfolio manager may use both growth and value approaches to stock selection. The fund's portfolio may hold stocks of either U.S. or non-U.S. companies, and may at times consist of a relatively small number of holdings. It is non-diversified.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 309939.68%

Giant 48.10%

Large 28.79%

Medium 12.63%

Micro 0.00%

Small 1.37%

Value & Growth Metrics

Book-Value Growth % 6.46%

Cash-Flow Growth % 14.60%

Dividend Yield % 0.97%

Historical Earnings % 32.57%

Long-Term Earnings % 10.37%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	0.00%	0.00%
Cash	0.10%	0.10%	0.00%	0.36%	0.00%
Non US Stock	25.75%	25.75%	0.00%	11.02%	0.05%
Not Classified	0.00%	0.00%	0.00%	0.00%	0.00%
Other	6.68%	6.68%	0.00%	1.89%	0.00%
US Stock	67.47%	67.47%	0.00%	86.77%	99.95%

Top Holdings

Name	Weight	Owned	Change
ALPHABET INC	8.37%	-	-
META PLATFORMS INC	10.13%	-	-
NETFLIX INC	9.53%	-	-
NVIDIA CORP	5.46%	-	-
AMAZON.COM INC	6.58%	-	-
MICROSOFT CORP	5.36%	-	-
APPLE INC	4.89%	-	-
T-MOBILE US INC	5.54%	-	-
BOOKING HOLDINGS INC	2.34%	-	-
SPOTIFY TECHNOLOGY SA	4.46%	-	-
ATT INC	2.37%	-	-
SHOPIFY INC	2.32%	-	-
DEUTSCHE TELEKOM AG	5.68%	-	-
NINTENDO CO LTD	3.13%	-	-
TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD	2.70%	-	-
ROBLOX CORP	2.62%	-	-
LIBERTY MEDIA CORP-LIBERTY FORMULA ONE	2.14%	-	-

See the full breakdown of PRMTX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	100.00%	100.00%	0.00%
Bond Sector	Corporate	0.00%	0.00%	0.00%	0.00%
Bond Sector	Derivative	0.00%	0.00%	0.00%	0.00%
Bond Sector	Government	0.00%	0.00%	0.00%	0.00%
Bond Sector	Municipal	0.00%	0.00%	0.00%	0.00%
Bond Sector	Securitized	0.00%	0.00%	0.00%	0.00%
Cyclical	Basic Materials	0.00%	0.00%	0.00%	0.00%
Cyclical	Consumer Cyclical	10.23%	3.60%	0.00%	0.00%
Cyclical	Financial Services	1.99%	0.57%	0.00%	0.00%
Cyclical	Real Estate	0.02%	0.24%	0.00%	0.00%
Defensive	Consumer Defensive	0.00%	0.00%	0.00%	0.00%
Defensive	Healthcare	0.00%	0.06%	0.00%	0.00%
Defensive	Utilities	0.00%	0.00%	0.00%	0.00%
Sensitive	Communication Services	68.20%	87.07%	0.00%	100.00%
Sensitive	Energy	0.00%	0.00%	0.00%	0.00%
Sensitive	Industrials	0.00%	0.00%	0.00%	0.00%
Sensitive	Technology	19.57%	8.47%	0.00%	0.00%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.75%	1.85%	-
Americas	North America	89.31%	73.53%	99.95%
Greater Asia	Asia Developed	2.31%	6.90%	-
Greater Asia	Asia Emerging	2.04%	4.36%	-
Greater Asia	Australasia	0.09%	-	-
Greater Asia	Japan	2.56%	5.17%	-
Greater Europe	Africa/Middle East	0.01%	-	-
Greater Europe	Europe Developed	2.65%	8.20%	-
Greater Europe	Europe Emerging	0.06%	-	-
Greater Europe	United Kingdom	0.24%	-	0.05%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2023-12-15	$0.231	$0.231	USD	-	2023-12-14	2023-12-18	Annual
2018-12-14	$0.180	$0.180	USD	2018-12-13	2018-12-13	2018-12-17	Other
2017-12-15	$0.010	$0.010	USD	2017-12-14	2017-12-14	2017-12-18	Other
2016-12-15	$0.020	$0.020	USD	2016-12-14	2016-12-14	2016-12-16	Other
2015-12-15	$0.140	$0.140	USD	2015-12-14	2015-12-14	2015-12-16	Other
2014-12-15	$1.600	$1.600	USD	2014-12-12	2014-12-12	2014-12-16	Other
2013-12-16	$0.210	$0.210	USD	2013-12-13	2013-12-13	2013-12-17	Other
2012-12-17	$0.300	$0.300	USD	2012-12-14	2012-12-14	2012-12-18	Other
2011-12-15	$0.290	$0.290	USD	-	2011-12-14	2011-12-16	Other
2010-12-15	$0.300	$0.300	USD	-	2010-12-14	2010-12-16	Annual
2009-12-15	$0.500	$0.500	USD	-	2009-12-14	2009-12-16	Annual
2008-12-15	$0.240	$0.240	USD	-	2008-12-12	2008-12-16	Other
2007-12-18	$0.280	$0.280	USD	-	2007-12-17	2007-12-19	Other
2003-02-28	$0.040	$0.040	USD	-	-	-	-
2003-01-31	$0.042	$0.042	USD	-	-	-	-
2002-11-29	$0.042	$0.042	USD	-	-	-	-
2002-05-31	$0.044	$0.044	USD	-	-	-	-
2002-04-30	$0.042	$0.042	USD	-	-	-	-
2000-12-13	$0.370	$0.370	USD	-	2000-12-12	2000-12-14	Other