T. Rowe Price New Horizons Fund, Inc.
T. ROWE PRICE NEW HORIZONS FUND, INC. · Series S000002106 · 3 share classes
data updated 2026-09-08
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 Q2
| Stocks | 99.87% |
| Cash & short-term | 2.77% |
Latest quarter
What changed since the fund's previous filing
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
| Share class | 1-year | 3-year | 5-year | Vol | Worst fall |
|---|---|---|---|---|---|
| +26.06% | +34.11% | -7.04% | 14.13% | -18.88% | |
| +26.22% | +34.64% | -6.47% | 14.14% | -18.84% | |
| +27.06% | +37.33% | -3.39% | 14.16% | -18.66% |
These classes hold the same portfolio, so the 3.65pp spread over 5 years is the cost difference between them — roughly 0.73pp a year — not a difference in what they own.
May 2026 and Jun 2026 have been filed since the trailing figures were struck, so they are 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 2026-06-30
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 2026Q2
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 | Reported price | Value | Shares |
|---|---|---|---|---|---|
| — | GRS - SECURITY LENDING COLLATERAL | 2.61% | — | $383.52M | — |
| BROS | DUTCH BROS INC-CLASS ABROS | 2.36% | $71.81 | $347.11M | 4.8M |
| GH | GUARDANT HEALTH INCGH | 1.81% | $150.03 | $266.83M | 1.8M |
| KYMR | KYMERA THERAPEUTICS INCKYMR | 1.76% | $114.67 | $258.83M | 2.3M |
| ENTG | ENTEGRIS INCENTG | 1.75% | $179.86 | $258.07M | 1.4M |
| NTRA | NATERA INCNTRA | 1.51% | $271.45 | $221.99M | 817.8K |
| LSCC | LATTICE SEMICONDUCTOR CORPLSCC | 1.42% | $152.96 | $208.22M | 1.4M |
| ODFL | OLD DOMINION FREIGHT LINEODFL | 1.35% | $216.60 | $198.69M | 917.3K |
| ARGX | ARGENX SE - ADRARGX | 1.31% | $927.77 | $193.15M | 208.2K |
| TDY | TELEDYNE TECHNOLOGIES INCTDY | 1.05% | $666.90 | $154.61M | 231.8K |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
Top 10 positions are 16.92% of net assets, top 25 29.16%, across 429 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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