T. Rowe Price Science And Technology Fund
TSNIX
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
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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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
- Mar 24, 2016
- CIK
- 0000819930
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Science and Technology Fund (TSNIX) is an open-end mutual fund 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-cap growth stocks in the technology sector, with significant allocations to communication services; top holdings include NVIDIA Corp. (12.03%), Meta Platforms Inc. (9.85%), Microsoft Corp. (9.35%), Apple Inc. (8.99%), and Broadcom Inc. (7.71%), representing nearly 48% of the portfolio. It maintains a sector focus of approximately 75% in technology, 21% in communication services, and minor exposures to consumer cyclical, financial services, and industrials, with 95% of assets in U.S. stocks, complemented by limited non-U.S. holdings in regions such as Canada, developed Asia, the Eurozone, and Japan. Managed as part of T. Rowe Price Group's offerings, the I Class shares (TSNIX), launched on March 23, 2016, feature a net expense ratio of 0.67% and a minimum initial investment of $500,000, catering to institutional and high-net-worth investors in the United States. The fund operates under the oversight of T. Rowe Price, headquartered at 100 East Pratt Street in Baltimore, Maryland, with the broader Science and Technology strategy originating in 1987 via the investor class (PRSCX). Assets under management for TSNIX stand at approximately $4.76 billion within the strategy's total of over $10 billion. In recent developments, portfolio manager Anthony Wang assumed responsibility on October 1, 2023, bringing specialized expertise in science and technology investments amid ongoing portfolio evolution highlighted by strong performance from AI-related holdings. T. Rowe Price Group, the fund's investment adviser, reported robust third-quarter 2025 results with net revenues up 6% year-over-year to $1.9 billion and continued share buybacks exceeding $349 million year-to-date, signaling financial strength. Additionally, in December 2025, T. Rowe Price launched its first joint model portfolio offerings with Goldman Sachs Asset Management, combining mutual funds and ETFs for mass affluent and high-net-worth clients, enhancing distribution channels for strategies like this fund.