Morningstar

T. Rowe Price Real Assets Fund PRAFX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 19.56  /  +0.82 %
  • Total Assets 10.2B
  • Adj. Expense Ratio
    0.930%
  • Expense Ratio 0.930%
  • Distribution Fee Level Average
  • Share Class Type No Load
  • Category Global Large-Stock Value
  • Investment Style Mid Blend
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 2.67%
  • Turnover 48%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PRAFX

Will PRAFX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRAFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PRAFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PRAFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

T. Rowe Price Real Assets holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings PRAFX

More PRAFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Welltower Inc

3.71 407M
Real Estate

Equinix Inc

2.97 325M
Real Estate

Prologis Inc

2.17 237M
Real Estate

Agnico Eagle Mines Ltd

2.10 230M
Basic Materials

Aggregate Miscellaneous Equity

2.10 230M
—

Bhp

2.05 225M
—

Freeport-McMoRan Inc

1.83 200M
Basic Materials

Franco-Nevada Corp

1.71 187M
Basic Materials

Newmont Corp

1.63 179M
Basic Materials

Cash Offsets For Shorts & Derivatives

1.50 164M
Cash and Equivalents

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