PRJIX Performance — T. Rowe Price New Horizons Fund, Inc., I Class
Data updated: 2026-08-27
PRJIX returned +19.28% year to date and +30.26% over one year to Jun 2026. Annualised returns are +10.33% over 3 years and −0.38% over 5 years. Against its US Mid-Cap Growth category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $134, against $152 for the category, and to $130 over one year, against $118. Volatility over the past three years was 18.42% a year. In the 12 months to Jun 2026 the fund lost a net $2.6B, and assets reached $14.72B.
PRJIX Growth of $100
What $100 invested in T. Rowe Price New Horizons Fund, Inc. grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Mid-Cap Growth category average over the same months.
| Period | PRJIX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $130 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $134 | $152 |
| 5 years (Jul 2021 – Jun 2026) | $98 | $129 |
| Since data start (Jul 2019 – Jun 2026) | $180 | $203 |
PRJIX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +19.28% |
| 1 year | +30.26% |
| 3 years (annualised) | +10.33% |
| 5 years (annualised) | −0.38% |
PRJIX Annual Returns
Calendar-year total returns of T. Rowe Price New Horizons Fund, Inc., compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +19.28% |
| 2025 | +3.29% |
| 2024 | +4.00% |
| 2023 | +21.47% |
| 2022 | −36.91% |
| 2021 | +9.81% |
| 2020 | +57.89% |
| 2019 (Jul–Dec) | +5.62% |
PRJIX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +5.0% | +1.2% | −7.0% | +10.2% | +5.3% | +4.0% | — | — | — | — | — | — |
| 2025 | +5.6% | −7.6% | −8.9% | +0.3% | +2.5% | +3.5% | +2.4% | +2.5% | +2.2% | +3.7% | −0.2% | −1.7% |
| 2024 | −1.1% | +5.7% | +1.6% | −8.6% | −0.4% | +0.5% | +4.9% | +0.1% | +1.5% | +0.4% | +9.6% | −8.7% |
| 2023 | +9.7% | −1.0% | −1.0% | −1.8% | +2.2% | +7.4% | +4.5% | −2.9% | −5.9% | −7.1% | +7.1% | +10.3% |
| 2022 | −15.6% | −1.7% | −2.5% | −13.7% | −8.2% | −2.9% | +11.7% | +0.2% | −9.8% | +6.0% | +0.5% | −5.6% |
| 2021 | −1.8% | +2.5% | −2.5% | +7.3% | −3.1% | +7.7% | +2.1% | +5.1% | −3.2% | +5.0% | −5.8% | −2.8% |
| 2020 | +4.8% | −3.0% | −13.7% | +16.4% | +12.8% | +4.8% | +6.9% | +4.2% | +1.1% | +0.1% | +10.8% | +4.8% |
| 2019 | — | — | — | — | — | — | +1.7% | −1.3% | −3.5% | +1.6% | +6.9% | +0.3% |
PRJIX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 18.42%
- 3-year Sharpe ratio: 0.32 (vs 4.5% risk-free rate)
- Best month: +10.34% (Dec 2023)
- Worst month: −8.88% (Mar 2025)
PRJIX Fund Flows
Monthly money in and out of T. Rowe Price New Horizons Fund, Inc., from SEC Form N-PORT.
- 12-month net flow: −$2.6B
- 12-month gross sales (incl. reinvestments): $4.5B
- Sales ÷ redemptions: 0.64×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $50.8M | $218.2M | −$167.4M |
| May 2026 | $84.5M | $375.4M | −$290.8M |
| Apr 2026 | $32.0M | $217.7M | −$185.7M |
| Mar 2026 | $54.4M | $276.4M | −$221.9M |
| Feb 2026 | $91.1M | $269.2M | −$178.0M |
| Jan 2026 | $285.8M | $479.6M | −$193.8M |
| Dec 2025 | $1.6B | $556.6M | $1.1B |
| Nov 2025 | $58.7M | $340.6M | −$281.8M |
| Oct 2025 | $750.7M | $1.3B | −$556.0M |
| Sep 2025 | $57.2M | $518.0M | −$460.9M |
| Aug 2025 | $34.3M | $551.8M | −$517.5M |
| Jul 2025 | $1.4B | $2.0B | −$590.0M |
PRJIX Assets Under Management
Net assets of T. Rowe Price New Horizons Fund, Inc. by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $14.72B |
| 2026-03-31 | $12.77B |
| 2025-12-31 | $13.49B |
| 2025-09-30 | $14.47B |
| 2025-06-30 | $15.00B |
| 2025-03-31 | $16.10B |
| 2024-12-31 | $19.81B |
| 2024-09-30 | $21.27B |
| 2024-06-30 | $21.68B |
| 2024-03-31 | $25.23B |
| 2023-12-31 | $24.81B |
| 2023-09-30 | $23.40B |
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.