T. Rowe Price Science and Technology Fund
PRSCX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 East Pratt Street Baltimore MD United States of America 21202
- IPO Date
- Sep 30, 1987
- CIK
- 0000819930
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Science and Technology Fund (PRSCX) is an open-end mutual fund managed by T. Rowe Price Group, Inc. that seeks long-term capital appreciation by investing at least 80% of its net assets in common stocks of companies expected to benefit from the development and utilization of science and technology. The fund primarily targets large-growth stocks in the technology sector, with significant allocations to information technology (approximately 82%), communication services (15%), and smaller positions in consumer discretionary, industrials, financials, and utilities; core holdings include leading firms such as NVIDIA Corp., Apple Inc., Microsoft Corp., Broadcom Inc., and Meta Platforms Inc., representing over 40% of the portfolio. It maintains a non-diversified portfolio of around 103 holdings, with high turnover at 217%, a net expense ratio of 0.79%, and total assets exceeding $11.6 billion as of late 2025. Available to U.S. investors through no-load shares with minimum initial investments starting at $2,500 for basic accounts, the fund was launched on September 30, 1987, and is domiciled in the United States with primary operations focused on U.S. and select foreign equities, including emerging markets. Geographically, the portfolio is heavily weighted toward U.S. stocks (over 95%), supplemented by limited non-U.S. equity exposure (about 3%). The fund serves individual and institutional investors seeking growth in innovative sectors like semiconductors, software, networking, Internet, biotechnology, and medical devices within the Morningstar Technology category. In recent developments, Anthony Wang assumed the role of lead portfolio manager effective October 1, 2023, bringing specialized expertise in science and technology investments. T. Rowe Price Group, the fund's parent, has expanded its broader offerings with launches of thematic active ETFs, including a Technology ETF in October 2024 and four new fixed income ETFs in November 2025, alongside plans for active ETF entry into Europe in 2026, reflecting strategic growth in exchange-traded products while maintaining focus on core mutual fund strategies like PRSCX. These initiatives underscore T. Rowe Price's commitment to active management amid evolving market demands for technology and income solutions.