PRWAX
T. ROWE PRICE NEW AMERICA GROWTH FUND T. ROWE PRICE NEW AMERICA GROWTH FUND
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Holding PRWAX through work retirement account. But it’s underperforming the S&P500 since 2022.
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Why not just buy an active fund that selectively holds international equity when needed? Such as PRWAX.
I like PRWAX but You never know. PRJIX, Mid cap growth might do well next year.
Sell DIS and invest in VOO or VTI if you want some small and mid cap exposure. You already have PRWAX which is large growth.
Probably sell all individual stocks if you have little interest in managing them. Also, PRWAX is not an index fund fyi.
65 (looking to retire in 2-3 years) SPY 38.0% BRK.B 25.1% PRWAX 22.1% money mkt 13.6% (+5% APR) indvidual stocks $1.2%
> Is PRWAX a bad fund? No. There are many other choices that are also not "bad". But don't do this jumping around stuff. If you are employing a financial advisor, then why not follow their advice? If you want to do the research yourself to find a fund or stocks you like better, then do that. But don't just change on whims, or based on what people on reddit say.
Interesting. Is PRWAX a bad fund? Should I switch it out with dynatech or Russell 1000?
Google doesn't account for captial returns/dividends. What you posted is a chart of total returns which is more important info to have. Yes, PRWAX did much better than the SPX in that time. Getting 2x total returns above the SPX isn't *that* rare over the course of a several years. Certain growth tech-focused funds did fantastically over that time period. Look at Fidelity's Select Tech fund (FSPTX). It handily beat PRWAX and SPX. Of course, there is some concentration risk so PRWAX could significantly underperform in the future. PRWAX seems to be a fine fund overall. Best to have it in a tax-sheltered account (401k/457b). I personally like diversification and have almost entirely VTI in my brokerage account and FZROX in my 401k.
Ok so why doesn't the Google stock chart of PRWAX show it significantly underperforming the SP500?
There are a number of funds that have out perform the S&P500 fund consistently, but there is a strong bias against them as they are deemed riskier due to being concentrated in a single sector (US large cap technology). Past performance of this funds, like VIGAX, VONG, FSPGX, SCHG, etc, is claimed to not to be trusted and that only the S&P500 can be trusted. Some rational to this position as we are talking about 30 years versus 100 years. PRWAX has a large expense ratio, 0.76%, but over 5 year and 10 year it has outperform VFIAX. It under performed over 3 years as large cap growth took a larger beating in 2022 than the S&P500 did. For comparisons, I like to use Portfolio Labs https://portfolioslab.com/tools/stock-comparison/PRWAX/VFIAX
Here is my 3 fund portfolio, you should consider it: SPY PRWAX BRK.B
Here are my 3: SPY BRK.B PRWAX I to was 17, about 50 years ago. I've only started to concentrate on these 3 within the last decade. Wish I'd done it decades earlier. Good luck young Padawan
FYI - you should always look at what any funds actually owns. Don't just read the sales information, or summary info. I am much closer to retirement, but still need to have my investments grow - aka -stay in the market) I'm investing 35% SPY, 30% PRWAX,, 25% BRK.B, 10% interest bearing
T Rowe Price All-Cap Opportunities Fund (PRWAX). Do I need to do the research for you? Thats where I'm putting my $... Easy, just park it and wait, unless you're trying to get rich overnight then go do that.
Thoughts on T. Rowe Price specifically PRWAX for ROTH IRA?
Actively managed, the list seems to get smaller every year. I particularly like Clearbridge Select, but that's a load fund. IMO good no load examples incl GQEPX, AKREX, TRBCX, PRHSX, OBIOX, FBGRX, PRWAX
My 401(k) is through T Rowe Price and I have recently seen huge changes in 401(k) value that don't seem to correspond to any of the major indices or the individual stocks the funds hold. I contacted them through the portal, but they just said they can't comment on performance. Due to the magnitude and abruptness of the changes I think it's something like a stock split or rebalancing that didn't register correctly in the reporting and that what I'm seeing is data artifacts rather than actual major moves. Some of the specifics: \- I have PRSCX, RPMGX, TRBCX, and PRWAX in my 401(k). On 12/15 I saw the four funds had decreased by 0, 10, 10, and 20 percent in the previous 24 hours If you compare PRWAX with the S&P500 it is still showing the huge deviation at that date. \-a few weeks later the share prices hadn't rebounded, but my 401(k) balance seemed to have come back to within a reasonable range of what it was the beginning of December. I don't know how to show historical number of shares in my 401(k), but my guess was it was a one time quirk associated with a regularly scheduled rebalance. \- I was doing my budget check in today, and saw my 401(k) had declined by about twice what the price of the individual funds have since my last check in 8 days ago. \-My portfolio is set to automatically rebalance quarterly. My last rebalance was 12/10 which is shortly before the first big price decrease. Can anyone explain what I am seeing? I am very lost. Just FYI: I look at all of my finances pretty regularly to track my budget, track my net worth and rebalance things between my business and personal finances, so I'm not trying to time the market with my 401(k) or anything. I just want to understand what I'm seeing here.