T. Rowe Price New Horizons Fund, Inc.; Z Class (TRUZX)

Overview

This investment fund specializes in identifying and investing in small, emerging growth companies at an early stage in their corporate lifecycle. The focus is on companies that are not yet well recognized by the broader investment community, offering investors a unique opportunity to participate in potentially significant growth. The selection criteria extend to companies undergoing transformative changes such as leadership rejuvenation, introduction of innovative products, or benefiting from macroeconomic shifts, all with the potential to accelerate their earnings growth.

Products and Services

The fund offers a focused investment product that can be categorized into two primary areas:

• Emerging Growth Company Investments

  These investments target small, emerging growth companies still in the early stages of their development. The fund seeks out firms before they become widely recognized within the investment community, aiming for early entry points that may lead to higher growth potential. This strategy is founded on the belief that early-stage companies, with their entire growth trajectory ahead, offer the most significant upside potential.

• Transformational Growth Investments

  This area focuses on investing in companies poised for accelerated growth due to specific catalysts such as new, rejuvenated management, innovative new products, or significant shifts in the economic landscape that favor the company's business model. These investments are selected based on the premise that the company is at a tipping point and poised for rapid expansion or recovery.