T. Rowe Price Real Assets Fund, Inc. (PRAFX)
T. Rowe Price Real Assets Fund, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $20.45, up 0.59% on the session, giving a market capitalisation of $10.71B. Its beta of 0.86 implies it has historically moved less than the broad market.
This fund dedicates a significant portion—a minimum of 80%—of its net assets (which includes any capital acquired through borrowing) to investments directly in "real assets." This allocation also extends to companies that derive at least half (50%) of their profits or revenues from, or allocate at least 50% of their assets to, real assets and related business activities. The fund employs a broad definition for "real assets," essentially considering them to be any assets with tangible physical properties. Furthermore, the fund's investment scope is global, allowing it to invest in companies situated across the world, without any restrictions on its exposure to international securities or issuers in emerging markets.
T. Rowe Price Real Assets Fund, Inc. is most often compared with the following Financial Services names: