PRIKX Fees and Costs — T. Rowe Price Real Assets Fund, Inc., I Class
Data updated: 2026-08-27
The net expense ratio is 0.67%: a 0.63% management fee plus 0.04% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $7.3M in broker commissions, 0.0680% of average net assets, and portfolio turnover was 48%.
PRIKX Fees and Expenses
Annual operating expenses and sales charges of PRIKX. Prospectus, as of February 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | — |
| Other expenses | 0.04% |
| Gross expense ratio | 0.67% |
| Fee waiver | — |
| Net expense ratio | 0.67% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
PRIKX Costs Over Time
On $10,000 invested in PRIKX, assuming 5% a year before costs, total costs come to $464 over 5 years, cutting the return by 0.77% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.67%) | $70 | $220 | $383 |
| Trading costs (broker commissions) | $7 | $22 | $39 |
| Lost growth on money paid in costs | $0 | $12 | $42 |
| Total costs | $77 | $254 | $464 |
| Value after costs | $10,423 | $11,322 | $12,299 |
| Impact on return, per year | 0.77% | 0.77% | 0.77% |
PRIKX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0680%
- Total broker commissions: $7.3M
- Bought from dealers (principal trades, not a cost): $1.2B
- Portfolio turnover (prospectus): 48%
- Securities on loan, average value: $174.6M
- Net income from securities lending: $1.1M (0.010% of average net assets)
PRIKX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $691K | 15.92% |
| RBC Capital Markets, LLC | $528K | 12.17% |
| GOLDMAN SACHS & CO. LLC | $493K | 11.36% |
| Citigroup Inc. | $465K | 10.71% |
| J.P. MORGAN SECURITIES LLC | $443K | 10.21% |
| UBS AG | $416K | 9.60% |
| JEFFERIES LLC | $392K | 9.04% |
| BOFA SECURITIES, INC. | $351K | 8.08% |
| Virtu ITG Hong Kong Limited | $297K | 6.84% |
| Cormark Securities Inc. | $264K | 6.07% |
PRIKX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $659.7M | 55.94% |
| GOLDMAN SACHS & CO. LLC | $225.9M | 19.16% |
| ASL CAPITAL MARKETS INC. | $69.5M | 5.89% |
| J.P. MORGAN SECURITIES LLC | $64.7M | 5.48% |
| BMO Capital Markets Corp. | $50.3M | 4.26% |
| BARCLAYS CAPITAL INC. | $38.9M | 3.30% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $27.5M | 2.33% |
| Citigroup Inc. | $24.1M | 2.04% |
| CANACCORD GENUITY LLC | $10.1M | 0.86% |
| Nomura International PLC | $8.5M | 0.72% |
T. Rowe Price Real Assets Fund, Inc. Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TRZRX | Z Class | 0.00% | — |
| PRIKX | I Class | 0.67% | — |
| PRAFX | T. Rowe Price Real Assets Fund, Inc. | 0.93% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.