T. Rowe Price New Horizons Fund (PRNHX) Fund Details & Analysis

Fund Information

Fund Category Mid-Cap Growth

Fund Family T. Rowe Price

Fund Style Large

ISIN US7795621074

CUSIP 779562107

Inception Date 1960-06-03

Domicile United States

Country USA

Fiscal Year End December

NAV Chart

Fund Metrics

Net Assets $14.72 Billion

Share Class Net Assets $4.92 Billion

Expense Ratio 0.80%

Expense Ratio Date 2026-03-01

Dividend Yield 0.00%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return 10.95%

1-Year Return 17.17%

3-Year Return 6.62%

5-Year Return -2.35%

NAV $57.37

Previous Close Price $57.97

Last Update 2026-06-30

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 New Horizons Fund

The fund invests primarily in a diversified group of small, emerging growth companies, preferably early in their corporate life cycle before the companies become widely recognized by the investment community. It may also invest in companies that offer the possibility of accelerating earnings growth because of rejuvenated management, new products, or structural changes in the economy.

Detailed Metrics

Market Cap Distribution

AverageMarketCap 9609.63%

Giant 0.00%

Large 3.35%

Medium 28.23%

Micro 11.41%

Small 51.14%

Value & Growth Metrics

Book-Value Growth % 4.48%

Cash-Flow Growth % 7.45%

Dividend Yield % 0.44%

Historical Earnings % 9.98%

Long-Term Earnings % 13.83%

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	0.00%	0.00%	0.00%	0.16%	0.00%
Cash	0.29%	0.29%	0.00%	1.47%	0.00%
Non US Stock	6.09%	6.09%	0.00%	3.89%	2.23%
Not Classified	0.00%	0.00%	0.00%	0.01%	0.00%
Other	4.28%	4.28%	0.00%	0.73%	0.00%
US Stock	89.33%	89.33%	0.00%	94.17%	97.77%

Top Holdings

Name	Weight	Owned	Change
WEATHERFORD INTERNATIONAL PLC	2.56%	-	-
SAIA INC	2.55%	-	-
TOAST INC	3.20%	-	-
BOOZ ALLEN HAMILTON HOLDING CORP	2.44%	-	-
DAYFORCE INC	3.01%	-	-
TELEDYNE TECHNOLOGIES INC	1.39%	-	-
GLOBANT SA	2.40%	-	-
IDEX CORP	2.38%	-	-
T. Rowe Price Government Reserve Fund	5.48%	-	-
PAYLOCITY HOLDING CORP	2.81%	-	-
VEEVA SYSTEMS INC	3.30%	-	-
ARGENX SE	1.24%	-	-
HUBSPOT INC	2.67%	-	-
BIO-TECHNE CORP	2.52%	-	-
OLD DOMINION FREIGHT LINE INC	2.38%	-	-
CORPAY INC	2.33%	-	-
LATTICE SEMICONDUCTOR CORP	1.68%	-	-
SITEONE LANDSCAPE SUPPLY INC	1.76%	-	-
CREDO TECHNOLOGY GROUP HOLDING LTD	1.17%	-	-
INSMED INC	1.15%	-	-
ENTEGRIS INC	0.99%	-	-
ESAB CORP	0.98%	-	-
TREASURY RESERVE FUND - Collateral	2.22%	-	-
NATERA INC	1.43%	-	-
GUARDANT HEALTH INC	1.47%	-	-
FABRINET	1.31%	-	-
MACOM TECHNOLOGY SOLUTIONS HOLDINGS INC	1.21%	-	-
KYMERA THERAPEUTICS INC	1.27%	-	-
DUTCH BROS INC	1.47%	-	-
TECHNIPFMC PLC	1.32%	-	-

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

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.08%	87.04%	100.00%	0.00%
Bond Sector	Corporate	0.08%	0.80%	0.00%	0.00%
Bond Sector	Derivative	0.08%	0.92%	0.00%	0.00%
Bond Sector	Government	0.08%	8.24%	0.00%	0.00%
Bond Sector	Municipal	0.08%	0.00%	0.00%	0.00%
Bond Sector	Securitized	0.08%	3.00%	0.00%	0.00%
Cyclical	Basic Materials	4.36%	1.93%	0.00%	6.11%
Cyclical	Consumer Cyclical	7.25%	14.58%	0.00%	10.92%
Cyclical	Financial Services	7.48%	8.94%	0.00%	10.83%
Cyclical	Real Estate	1.40%	1.52%	0.00%	3.63%
Defensive	Consumer Defensive	1.20%	1.43%	0.00%	2.00%
Defensive	Healthcare	31.36%	15.01%	0.00%	7.37%
Defensive	Utilities	0.08%	1.35%	0.00%	3.23%
Sensitive	Communication Services	1.35%	3.92%	0.00%	2.49%
Sensitive	Energy	5.51%	3.71%	0.00%	2.97%
Sensitive	Industrials	16.69%	24.46%	0.00%	24.75%
Sensitive	Technology	23.31%	23.15%	0.00%	25.69%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	0.66%	0.68%	0.75%
Americas	North America	97.46%	96.31%	97.78%
Greater Asia	Asia Developed	0.13%	0.45%	-
Greater Asia	Asia Emerging	0.26%	-	0.50%
Greater Asia	Australasia	0.01%	-	-
Greater Asia	Japan	0.06%	0.16%	-
Greater Europe	Africa/Middle East	0.11%	0.10%	-
Greater Europe	Europe Developed	0.82%	1.44%	0.34%
Greater Europe	Europe Emerging	-	-	-
Greater Europe	United Kingdom	0.47%	0.87%	0.64%

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-12	$2.740	$2.740	USD	-	2024-12-11	2024-12-13	Other
2022-12-13	$2.185	$2.185	USD	2022-12-13	2022-12-12	2022-12-14	Other
2021-12-15	$13.130	$13.130	USD	2021-12-15	2021-12-14	2021-12-16	Annual
2020-12-15	$11.170	$11.170	USD	2020-12-15	2020-12-14	2020-12-16	Annual
2019-12-16	$6.965	$6.965	USD	2019-12-13	2019-12-13	2019-12-17	Other
2018-12-14	$6.720	$6.720	USD	2018-12-13	2018-12-13	2018-12-17	Other
2017-12-15	$4.350	$4.350	USD	2017-12-14	2017-12-14	2017-12-18	Other
2016-12-16	$2.500	$0.000	None	-	-	-	-
2016-12-15	$2.500	$2.500	USD	2016-12-14	2016-12-14	2016-12-16	Other
2015-12-15	$3.280	$3.280	USD	2015-12-14	2015-12-14	2015-12-16	Other
2014-12-15	$5.100	$5.100	USD	2014-12-12	2014-12-12	2014-12-16	Other
2013-12-16	$3.060	$3.060	USD	2013-12-13	2013-12-13	2013-12-17	Other
2012-12-17	$2.870	$2.870	USD	2012-12-14	2012-12-14	2012-12-18	Other
2011-12-15	$4.560	$4.560	USD	-	2011-12-14	2011-12-16	Other
2010-12-15	$0.940	$0.940	USD	-	2010-12-14	2010-12-16	Other
2009-12-15	$0.014	$0.014	USD	-	2009-12-14	2009-12-16	Annual
2008-12-15	$0.810	$0.810	USD	-	2008-12-12	2008-12-16	Other
2007-12-18	$3.720	$3.720	USD	-	2007-12-17	2007-12-19	Other
2006-12-19	$1.790	$1.790	USD	-	2006-12-18	2006-12-20	Other
2005-12-13	$1.000	$1.000	USD	-	2005-12-12	2005-12-14	Other
2001-12-12	$0.560	$0.560	USD	-	2001-12-11	2001-12-13	Other
2000-12-13	$3.140	$3.140	USD	-	2000-12-12	2000-12-14	Other
1999-12-15	$3.020	$3.020	USD	-	-	-	-
1998-12-16	$1.270	$1.270	USD	-	-	-	-
1997-12-29	$0.580	$0.580	USD	-	-	-	-
1996-12-27	$2.190	$2.190	USD	-	-	-	-
1995-12-27	$2.410	$2.410	USD	-	-	-	-
1994-12-28	$1.430	$1.430	USD	-	-	-	-
1993-12-22	$2.700	$2.700	USD	-	-	-	-
1992-12-23	$1.760	$1.760	USD	-	-	-	-
1991-12-23	$0.440	$0.440	USD	-	-	-	-
1990-12-20	$0.580	$0.580	USD	-	-	-	-
1990-01-24	$0.040	$0.040	USD	-	-	-	-
1989-12-21	$0.070	$0.070	USD	-	-	-	-
1988-12-19	$0.070	$0.070	USD	-	-	-	-
1987-12-17	$0.040	$0.040	USD	-	-	-	-
1987-01-19	$0.020	$0.020	USD	-	-	-	-
1986-01-20	$0.090	$0.090	USD	-	-	-	-
1985-01-21	$0.140	$0.140	USD	-	-	-	-

View the full dividend history for PRNHX.

T. Rowe Price New Horizons Fund NMFQS:PRNHX