TRZRX Performance — T. Rowe Price Real Assets Fund, Inc., Z Class
Data updated: 2026-08-27
TRZRX returned +8.81% year to date and +29.67% over one year to Jun 2026. Annualised returns are +15.10% over 3 years and +8.65% over 5 years. The fund beat its Global Mid-Cap Blend category average: $100 invested three years ago grew to $152, against $147 for the category, and to $130 over one year, against $118. Volatility over the past three years was 16.15% a year. In the 12 months to Jun 2026 the fund lost a net $3.0B, and assets reached $10.21B.
TRZRX Growth of $100
What $100 invested in T. Rowe Price Real Assets Fund, Inc. grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Mid-Cap Blend category average over the same months.
| Period | TRZRX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $130 | $118 |
| 3 years (Jul 2023 – Jun 2026) | $152 | $147 |
| 5 years (Jul 2021 – Jun 2026) | $151 | $150 |
| Since data start (Mar 2020 – Jun 2026) | $279 | $201 |
TRZRX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +8.81% |
| 1 year | +29.67% |
| 3 years (annualised) | +15.10% |
| 5 years (annualised) | +8.65% |
TRZRX Annual Returns
Calendar-year total returns of T. Rowe Price Real Assets Fund, Inc., compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +8.81% |
| 2025 | +30.68% |
| 2024 | +1.27% |
| 2023 | +7.53% |
| 2022 | −9.42% |
| 2021 | +26.76% |
| 2020 (Mar–Dec) | +56.90% |
TRZRX 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 | +8.8% | +9.8% | −8.6% | +5.2% | −0.2% | −5.0% | — | — | — | — | — | — |
| 2025 | +3.6% | +1.5% | +0.8% | −1.7% | +2.6% | +2.6% | −0.7% | +7.2% | +6.2% | −1.0% | +4.2% | +2.1% |
| 2024 | −4.4% | +0.7% | +7.1% | −2.9% | +4.0% | −2.0% | +4.3% | +1.8% | +3.2% | −3.2% | +2.0% | −8.2% |
| 2023 | +8.9% | −5.9% | +0.1% | +0.1% | −6.7% | +5.9% | +4.9% | −4.0% | −3.9% | −3.9% | +6.9% | +6.4% |
| 2022 | −2.9% | +0.7% | +5.9% | −5.8% | +0.5% | −13.1% | +6.9% | −3.2% | −9.5% | +7.5% | +10.0% | −4.0% |
| 2021 | −1.1% | +5.9% | +3.4% | +6.1% | +4.0% | −1.7% | +2.4% | −0.3% | −4.4% | +7.3% | −2.6% | +5.9% |
| 2020 | — | — | +7.4% | +13.2% | +3.7% | +2.6% | +6.3% | +2.2% | −4.1% | −2.1% | +12.1% | +6.1% |
TRZRX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 16.15%
- 3-year Sharpe ratio: 0.66 (vs 4.5% risk-free rate)
- Best month: +9.84% (Feb 2026)
- Worst month: −8.62% (Mar 2026)
TRZRX Fund Flows
Monthly money in and out of T. Rowe Price Real Assets Fund, Inc., from SEC Form N-PORT.
- 12-month net flow: −$3.0B
- 12-month gross sales (incl. reinvestments): $1.2B
- Sales ÷ redemptions: 0.29×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $70.5M | $122.9M | −$52.4M |
| May 2026 | $127.9M | $219.2M | −$91.3M |
| Apr 2026 | $33.8M | $182.6M | −$148.8M |
| Mar 2026 | $49.6M | $574.6M | −$525.1M |
| Feb 2026 | $75.2M | $487.5M | −$412.3M |
| Jan 2026 | $83.1M | $461.4M | −$378.3M |
| Dec 2025 | $483.3M | $761.0M | −$277.7M |
| Nov 2025 | $43.5M | $417.2M | −$373.6M |
| Oct 2025 | $47.8M | $658.6M | −$610.7M |
| Sep 2025 | $75.6M | $152.4M | −$76.8M |
| Aug 2025 | $83.7M | $75.1M | $8.6M |
| Jul 2025 | $46.2M | $127.2M | −$81.0M |
TRZRX Assets Under Management
Net assets of T. Rowe Price Real Assets Fund, Inc. by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $10.21B |
| 2026-03-31 | $10.52B |
| 2025-12-31 | $10.84B |
| 2025-09-30 | $11.96B |
| 2025-06-30 | $10.71B |
| 2025-03-31 | $10.50B |
| 2024-12-31 | $9.96B |
| 2024-09-30 | $11.18B |
| 2024-06-30 | $10.32B |
| 2024-03-31 | $10.36B |
| 2023-12-31 | $9.66B |
| 2023-09-30 | $8.74B |
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.