Fund Evaluator:
T. Rowe Price Science & Tech (PRSCX)
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Best Performing in Technology Over the Last Year
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Fund Details
T. Rowe Price Science & Tech Overview
T. Rowe Price Science & Tech (PRSCX) is an actively managed Sector Equity Technology fund. T. Rowe Price launched the fund in 1987.
The investment seeks long-term capital appreciation. The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks of companies expected to benefit from the development and use of science and/or technology. While most assets will typically be invested in U.S. common stocks, the fund may invest in foreign stocks, including issuers in emerging markets, in keeping with the fund's objective. The fund is non-diversified.
About T. Rowe Price Science & Tech (PRSCX)
There are 1 members of the management team with an average tenure of 2.75 years: Anthony Wang (2023). Management tenure is more important for actively managed funds than passive index funds.
The fund has 2 primary benchmarks: Russell 3000 TR USD index with a weighting of 100% and S&P North American Tech Sector TR USD index with a weighting of 100%. T. Rowe Price Science & Tech has 97 securities in its portfolio. The top 10 holdings constitute 54.1% 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 Science & Tech is part of the Equity global asset class and is within the Sector Equity fund group. T. Rowe Price Science & Tech has 5.2% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 91.0%. There is 5.2% allocated to foreign stock, and 0.0% 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 Science & Tech has 0.0% of the portfolio in cash.
Assets Under Management
The fund has $8 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.
PRSCX 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 Science & Tech expense ratio is high compared to funds in the Technology category. T. Rowe Price Science & Tech has an expense ratio of 0.80%, which is 35% lower than its category average, making the fund expense ratio grade a A. 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 Science & Tech has a portfolio turnover rate of 229%, 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 Science & Tech returned 4.2%, which earned it a grade of B, 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 Science & Tech 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 Science & Tech Grades
Year to date, the fund has returned 41.7%, 8.1 percentage points better than the category, which translates into a grade of B. The fund has returned 68.7% over the past year (grade of A), 39.4% over the past three years (grade of B) and 17.5% per year over the past five years (grade of B) and 22.7% per year over the past 10 years (grade of C).
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PRSCX 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 |
|
| PRSCX Return (NAV) | 4.2% | 52.8% | 68.7% | 39.4% | 17.5% | 22.7% |
| PRSCX Grade | B | A | A | B | B | C |
| +/- Category | 2.3% | 12.0% | 14.9% | 6.5% | 2.7% | -0.1% |
| Technology Avg | 1.9% | 40.7% | 53.8% | 32.9% | 14.8% | 22.8% |
| PRSCX Tax Cost Ratio | na | na | 3.4% | 2.1% | 3.3% | 3.4% |
PRSCX Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PRSCX Return (NAV) | 41.7% | 24.4% | 40.3% | 53.8% | -35.2% | 5.5% | 45.8% | 45.7% | -7.0% | 39.2% | 11.8% |
| PRSCX Grade | B | C | A | C | B | F | D | B | D | B | C |
| +/- Category | 8.1% | -0.3% | 11.9% | 4.1% | 3.0% | -11.7% | -11.1% | 4.5% | -3.1% | 1.9% | 1.0% |
| 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: | 25.4% |
| Total Risk Index: | 2.09 - High |
| Category Risk Index: | 1.05 - High |
| Category Risk Grade: | F (87% Rank) |
| Beta: | 1.71 |
| R-Squared: | 73% |
| 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: | $16470 Mil |
| Fund Total Assets: | $8,463 Mil |
| Share Class Type: | Inv |
| Portfolio Turnover: | 229% |
Management Team
| Number of Managers: 1 | |||
| Longest Tenure: 2.8 years | |||
| Average Tenure: 2.8 years | |||
| Managers (Year): Wang Anthony (2023) | |||
Portfolio Composition (as of 4/30/26)
| # of Holdings: | 97 |
| % in Top 10 Holdings: | 54.1% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 5.2% |
Portfolio Allocation |
|
| Domestic Stock: | 91.0% |
| Foreign Stock: | 5.2% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 0.0% |
| Foreign Bond: | 0.0% |
| Convertible Bond: | 0.0% |
| Other: | 3.8% |
| Cash: | 0.0% |
Purchase Information
| Fund Family: | T. Rowe Price |
| Phone Number: | 800-638-5660 |
| Website: | www.troweprice.com |
| Status: | Open |
| Inception Date: | September 30, 1987 |
| 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 (%): | 0.80% ( Rating : High ) |
| Category Average Expense Ratio (%): | 1.23% |
| Share Class: | T. Rowe Price Science & Tech |
| Min. Subsequent Purchase: | $ 100 |
| Min. Subsequent IRA Purchase: | $ 100 |
