Fund Evaluator:
T. Rowe Price Global Technology (PRGTX)
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Best Performing in Technology Over the Last Year
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Fund Details
T. Rowe Price Global Technology Overview
T. Rowe Price Global Technology (PRGTX) is an actively managed Sector Equity Technology fund. T. Rowe Price launched the fund in 2000.
The investment seeks long-term capital growth. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks of companies the adviser expects to generate a majority of their revenues from the development, advancement, and use of technology. The fund is non-diversified.
About T. Rowe Price Global Technology (PRGTX)
There are 1 members of the management team with an average tenure of 3.58 years: Dominic Rizzo (2022). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and MSCI ACWI/Information Technology NR USD index with a weighting of 100%. T. Rowe Price Global Technology has 68 securities in its portfolio. The top 10 holdings constitute 64.3% of the fund’s assets. The fund meets the SEC requirement of being classified as a nondiversified fund. The fund is not considered to have an ESG focus with its investment selection and management.
T. Rowe Price Global Technology is part of the Equity global asset class and is within the Sector Equity fund group. T. Rowe Price Global Technology has 28.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 63.9%. There is 28.9% allocated to foreign stock, and 0.1% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). T. Rowe Price Global Technology has 0.5% of the portfolio in cash.
Assets Under Management
The fund has $3 billion in total assets, which is above the $1 billion average for the Technology category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
PRGTX Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The T. Rowe Price Global Technology expense ratio is high compared to funds in the Technology category. T. Rowe Price Global Technology has an expense ratio of 0.93%, which is 24% lower than its category average, making the fund expense ratio grade a B. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. T. Rowe Price Global Technology has a portfolio turnover rate of 34%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 77% for the Technology category.
Recently, in the month of June 2026, T. Rowe Price Global Technology returned 1.2%, which earned it a grade of C, as the Technology category had an average return of 1.9%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.
T. Rowe Price Global Technology has a trailing yield of 0.00%, which is below the 0.05% category average. The fund normally distributes its income annually and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
T. Rowe Price Global Technology Grades
Year to date, the fund has returned 40.0%, 6.4 percentage points better than the category, which translates into a grade of B. The fund has returned 62.3% over the past year (grade of B), 37.3% over the past three years (grade of B) and 9.4% per year over the past five years (grade of D) and 20.0% per year over the past 10 years (grade of D).
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PRGTX Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| PRGTX Return (NAV) | 1.2% | 44.3% | 62.3% | 37.3% | 9.4% | 20.0% |
| PRGTX Grade | C | C | B | B | D | D |
| +/- Category | -0.7% | 3.6% | 8.5% | 4.4% | -5.5% | -2.8% |
| Technology Avg | 1.9% | 40.7% | 53.8% | 32.9% | 14.8% | 22.8% |
| PRGTX Tax Cost Ratio | na | na | 0.0% | 0.0% | 1.4% | 2.3% |
PRGTX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PRGTX Return (NAV) | 40.0% | 27.3% | 33.1% | 55.9% | -55.5% | 10.0% | 75.6% | 34.1% | -9.5% | 47.0% | 6.6% |
| PRGTX Grade | B | B | B | B | F | F | A | D | F | A | D |
| +/- Category | 6.4% | 2.6% | 4.8% | 6.3% | -17.3% | -7.2% | 18.8% | -7.1% | -5.6% | 9.7% | -4.2% |
| Technology Avg | 33.6% | 24.7% | 28.3% | 49.6% | -38.2% | 17.2% | 56.9% | 41.2% | -3.9% | 37.4% | 10.8% |
| Risk Measures | |
| Standard Deviation: | 22.9% |
| Total Risk Index: | 1.88 - High |
| Category Risk Index: | 0.94 - Average |
| Category Risk Grade: | C (42% Rank) |
| Beta: | 1.56 |
| R-Squared: | 74% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | Large-Cap Growth |
| Bond Investment Style: | na |
| Yield: | 0.0% |
| Dividend Distribution: | Annually |
| Cap Gains Distribution: | Annually |
| Total Assets: | $8702 Mil |
| Fund Total Assets: | $3,841 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 35% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 3.6 years | |||
| Average Tenure: 3.6 years | |||
| Managers (Year): Rizzo Dominic (2022) | |||
Portfolio Composition (as of 4/30/26)
| # of Holdings: | 68 |
| % in Top 10 Holdings: | 64.3% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 28.9% |
Portfolio Allocation |
|
| Domestic Stock: | 63.9% |
| Foreign Stock: | 28.9% |
| Preferred Stock: | 0.1% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 6.6% |
| Cash: | 0.5% |
Purchase Information
| Fund Family: | T. Rowe Price |
| Phone Number: | 800-638-5660 |
| Website: | www.troweprice.com |
| Status: | Open |
| Inception Date: | September 29, 2000 |
| Min. Initial Purchase: | $2,500 |
| Min. Initial IRA Purchase: | $1,000 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.93% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.23% |
| Share Class: | T. Rowe Price Global Technology |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
