T. Rowe Price Science and Technology Fund (PRSCX)
T. Rowe Price Science and Technology Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $72.84, up 0.50% on the session, giving a market capitalisation of $11.83B. Its beta of 1.71 implies it has historically moved more than the broad market.
The primary goal of this investment vehicle is to achieve substantial capital growth over an extended period. Typically, the fund allocates at least 80% of its total assets—including any capital acquired through borrowing—to equity securities of businesses expected to thrive from advancements and utilization within the scientific and technological sectors. While a significant portion of its investments generally consists of common stocks issued by U.S. companies, the fund also holds the discretion to acquire shares from foreign markets, including those in emerging economies, as long as it aligns with its overarching investment objective. This fund employs a concentrated, rather than diversified, investment strategy.
T. Rowe Price Science and Technology Fund is most often compared with the following Financial Services names: