T. Rowe Price New America Growth Advisor Fund (PAWAX - Free Report) seeks long-term growth of capital by investing primarily in the common stocks of U.S. growth companies. PAWAX invests at least 65% of total assets in common stocks of U.S. companies that operate in those sectors of the economy identified by T. Rowe Price as the fastest growing or having the greatest growth potential.

This Large Growth product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 13% and 5 year 14.2%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.

PAWAX’s performance, as of the last filing, when compared to funds in its category was in the top 4% over the past 1 year, and in the top 3% over the past 3 years and in the top 7% over the past 5 years.

The T. Rowe Price New America Growth Advisor fund, as of the last filing, allocates their fund in top three major groups; Large Growth, Foreign Bond and Foreign Stock. Further, as of the last filing, Amazon.com Inc, Facebook Inc and Apple Inc were the top holdings for PAWAX.

This Zacks Rank #1 (Strong Buy) was incepted in September 1985 and is managed by T. Rowe Price. PAWAX carries an expense ratio of 1.07% and requires a minimal initial investment of $2,500.