The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRMTX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PRMTX 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 PRMTX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Stabilizing under new leadership.
Indira Fisher
Associate Analyst
Summary
As a new manager settles into his role, a measured attitude toward T. Rowe Price Communications & Technology is appropriate.