T. Rowe Price New Horizons Fund, Inc.
T. ROWE PRICE NEW HORIZONS FUND, INC. · Series S000002106 · 3 share classes
data updated 2026-08-10
Fund profile
As filed in the prospectus · 2026 Q1
The fund seeks long-term capital growth by investing primarily in common stocks of small, rapidly growing companies.
The fund invests in common stocks of small, emerging growth companies selected for characteristics including effective management, innovation, pricing flexibility, and sound financial practices, often early in their corporate life cycle before broad market recognition. The portfolio may include privately held companies and recent IPOs, and may concentrate significantly in single economic sectors such as information technology, industrials, or health care. Foreign stocks may be held alongside U.S. equities in pursuit of the fund's objectives.
| Share class | Gross | Net | As of |
|---|---|---|---|
| PRNHX | 0.79% | 0.79% | 2025 Q1 |
| PRJIX | 0.66% | 0.66% | 2025 Q1 |
| TRUZX | 0.64% | 0.00% | 2025 Q1 |
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Portfolio turnover 92.80% · as of 2026 Q1
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q1
| Stocks | 94.06% |
| Cash & short-term | 6.35% |
| Derivatives | 0.02% |
Derivatives are shown at market value, not notional exposure.
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| — | — | — | — | — | |
| — | — | — | — | — | |
| — | — | — | — | — |
Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-03-31
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q1
This fund filed the credit-spread disclosure and reported no sensitivity — measured, and the answer is none.
Show the numbers
| Tenor | Rate yrs | IG yrs | HY yrs | IG $/bp | HY $/bp |
|---|---|---|---|---|---|
| 3 mo | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 1 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 5 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 10 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
| 30 yr | +0.00 | +0.00 | +0.00 | $0 | $0 |
Dollar change per 1bp of spread movement, as filed and sign-anchored. A blank cell was not filed; a zero was.
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | T. Rowe Price Government Reserve Fund | 5.48% | $700.23M | — |
| SITE | SITEONE LANDSCAPE SUPPLY INCSITE | 1.76% | $224.64M | 1.7M |
| LSCC | LATTICE SEMICONDUCTOR CORPLSCC | 1.68% | $214.05M | 2.3M |
| BROS | DUTCH BROS INC-CLASS ABROS | 1.47% | $187.46M | 3.7M |
| NTRA | NATERA INCNTRA | 1.43% | $182.67M | 913.4K |
| TDY | TELEDYNE TECHNOLOGIES INCTDY | 1.39% | $177.37M | 293.2K |
| — | TECHNIPFMC PLC | 1.32% | $169.12M | 2.4M |
| — | FABRINET | 1.31% | $167.54M | 321.3K |
| KYMR | KYMERA THERAPEUTICS INCKYMR | 1.27% | $162.16M | 1.9M |
| ARGX | ARGENX SE - ADRARGX | 1.24% | $157.94M | 216.3K |
Top 10 positions are 18.35% of net assets, top 25 32.32%, across 387 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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