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  • T. Rowe Price New America Growth Fund (PRWAX)
    Ticker Symbol:
    PRWAX
    Fund Status:
    Open to new Retail investors  /  Open to subsequent Retail investments
    Fund Objective
    Quick Stats
    Fiscal Year End  December
    Morningstar Category  Large Growth
    Inception Date 09/30/1985
    Tax ID 52-1416752
    Investment Objective
    The fund seeks to provide long-term growth of capital by investing primarily in the common stocks of growth companies.
    Strategy
    The portfolio invests primarily in the common stocks of U.S. companies that operate in those sectors of the economy identified by T. Rowe Price as the fastest growing or having the greatest growth potential. Holdings range from large-cap to small companies, and are selected on the basis of characteristics such as their earning’s growth, fundamentals, management effectiveness, and valuations.
    Investor Profile
    Individuals seeking long-term capital appreciation who can accept the risk of declines in share prices inherent in common stock investing. Appropriate for both regular and tax-deferred accounts, such as IRAs.
    Risk/Reward Potential*
    Click on the risk/reward spectrum below to view the funds in that category
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    This fund offers investors the ability to access the significant growth potential of companies operating in the fastest growing sectors in the United States. Fund investors also benefit from the extensive experience of T. Rowe Price in growth stock investing.

    The fund is subject to market risk, and share prices may decline more than non-growth-oriented funds in down markets due to the higher valuations/lower yields of growth stocks.
    *Funds are placed in general risk/return categories based on their past performance or, for newer funds, the performance of the types of securities in which they invest. There is no assurance past trends will continue.
    See Glossary for additional details on all data elements.