T. Rowe Price Financial Services Fund (PRISX)
T. Rowe Price Financial Services Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $52.52, up 0.50% on the session, giving a market capitalisation of $1.32B. Its beta of 0.87 implies it has historically moved less than the broad market.
The fund primarily allocates at least 80% of its net assets (including any borrowed capital) to equity securities of companies operating within the financial services industry. Additionally, it has the flexibility to invest in firms, such as financial software developers, that generate a significant portion (at least 50%) of their revenue from providing services to this sector. Investment selection is guided by a fundamental, 'bottom-up' analytical process, aiming to pinpoint high-caliber businesses with promising growth trajectories. It's important to note that this fund operates on a non-diversified basis.
T. Rowe Price Financial Services Fund is most often compared with the following Financial Services names: