TRUZX Performance — T. Rowe Price New Horizons Fund, Inc., Z Class
Data updated: 2026-08-27
TRUZX returned +19.69% year to date and +31.15% over one year to Jun 2026. Annualised returns are +11.07% over 3 years and +0.27% 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 $137, against $152 for the category, and to $131 over one year, against $118. Volatility over the past three years was 18.43% a year. In the 12 months to Jun 2026 the fund lost a net $2.6B, and assets reached $14.72B.
TRUZX 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 | TRUZX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $131 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $137 | $152 |
| 5 years (Jul 2021 – Jun 2026) | $101 | $129 |
| Since data start (Mar 2020 – Jun 2026) | $227 | $205 |
TRUZX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +19.69% |
| 1 year | +31.15% |
| 3 years (annualised) | +11.07% |
| 5 years (annualised) | +0.27% |
TRUZX 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) | +19.69% |
| 2025 | +3.97% |
| 2024 | +4.69% |
| 2023 | +22.27% |
| 2022 | −36.51% |
| 2021 | +10.49% |
| 2020 (Mar–Dec) | +102.88% |
TRUZX 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 | +5.1% | +1.3% | −7.0% | +10.3% | +5.4% | +4.0% | — | — | — | — | — | — |
| 2025 | +5.6% | −7.5% | −8.8% | +0.3% | +2.5% | +3.6% | +2.5% | +2.5% | +2.3% | +3.8% | −0.2% | −1.6% |
| 2024 | −1.1% | +5.7% | +1.6% | −8.6% | −0.3% | +0.5% | +5.0% | +0.2% | +1.5% | +0.5% | +9.7% | −8.6% |
| 2023 | +9.8% | −0.9% | −0.9% | −1.8% | +2.2% | +7.5% | +4.6% | −2.9% | −5.8% | −7.1% | +7.2% | +10.4% |
| 2022 | −15.6% | −1.7% | −2.5% | −13.7% | −8.1% | −2.9% | +11.8% | +0.3% | −9.8% | +6.0% | +0.5% | −5.6% |
| 2021 | −1.8% | +2.5% | −2.4% | +7.3% | −3.0% | +7.8% | +2.2% | +5.2% | −3.2% | +5.1% | −5.7% | −2.8% |
| 2020 | — | — | +12.1% | +16.4% | +12.8% | +4.9% | +6.9% | +4.3% | +1.2% | +0.1% | +10.9% | +4.8% |
TRUZX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 18.43%
- 3-year Sharpe ratio: 0.36 (vs 4.5% risk-free rate)
- Best month: +10.43% (Dec 2023)
- Worst month: −8.81% (Mar 2025)
TRUZX 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 |
TRUZX 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.