# EDGAR Filing Document

**Accession Number:** 0000910671
**File Stem:** 0001099263-25-003631
**Filing Date:** 2025-11
**Character Count:** 34270
**Document Hash:** 39c7d9b133446179437b58be6fa796b7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-25-003631.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001099263-25-003631

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price Communications & Technology Fund, Inc.
- **CENTRAL INDEX KEY:** 0000910671

**ORGANIZATION NAME:**
- **EIN:** 521840883
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07075
- **FILM NUMBER:** 251521911

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** T. Rowe Price Communications & Technology Fund
- **DATE OF NAME CHANGE:** 20250331

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** T. Rowe Price Communications & Technology Fund, Inc.
- **DATE OF NAME CHANGE:** 20180502

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** T. Rowe Price Media & Telecommunications Fund, Inc.
- **DATE OF NAME CHANGE:** 20051028

## Series and Classes Contracts Data

### T. Rowe Price Communications & Technology Fund (Series ID: S000002101)

| Class ID   | Class Name                                             | Ticker Symbol   |
|:---|:---|:---|
| C000005469 | T. Rowe Price Communications & Technology Fund         | PRMTX           |
| C000169955 | T. Rowe Price Communications & Technology Fund-I Class | TTMIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** T. ROWE PRICE COMMUNICATIONS & TECHNOLOGY FUND, INC.

- **b. Investment Company Act file number:** 811-07075

- **c. CIK number of Registrant:** 0000910671

- **d. LEI of Registrant:** 549300TFC71T5RFLF412

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 1307 Point Street

  - **City:** Baltimore

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 21231

  - **Telephone number:** 410-345-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** T. Rowe Price Communications & Technology Fund

- **b. EDGAR series identifier (if any):** S000002101

- **c. LEI of Series:** 76U4E7L1T87LSBLKB493

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $10791649824.46

**Total Liabilities:** $111372086.96

**Net Assets:** $10680277737.50

**Assets Attributable to Miscellaneous Securities:** $79142037.21

**Cash Not Reported:** $28522.68

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 0.000000 | **1-Year:** 0.000000 | **5-Year:** 0.000000 | **10-Year:** 0.000000 | **30-Year:** 0.000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000005469 | -3.01%               | 2.93%                | 1.87%                |
| Class ID C000169955 | -3.00%               | 2.93%                | 1.88%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $81176230.29             | $-411776760.54                             |
| Month 2  | $70270465.28             | $238028554.84                              |
| Month 3  | $131062939.58            | $63152531.60                               |

### Schedule of Portfolio Investments

| Name                                  | Title                                              | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)    | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ADVANCED MICRO DEVICES                | ADVANCED MICRO DEVICES INC                         | CUSIP: 007903107<br>LEI: R2I72C950HOYXII45366 | Long             | EC               | CORP              | US        |    176300 | NS      | $28523577.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIBABA GROUP HOLDING LTD             | ALIBABA GROUP HOLDING LTD                          | CUSIP: 000000000<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |   2553000 | NS      | $57095589.26   | 0.53%             |  |  |  | No            |                  2 | On Loan: No      |
| ALPHABET INC CL C                     | ALPHABET INC                                       | CUSIP: 02079K107<br>LEI: 5493006MHB84DD0ZWV18 | Long             | EC               | CORP              | US        |   3671091 | NS      | $894094213.05  | 8.37%             |  |  |  | No            |                  1 | On Loan: No      |
| AMAZON.COM INC                        | AMAZON.COM INC                                     | CUSIP: 023135106<br>LEI: ZXTILKJKG63JELOEG630 | Long             | EC               | CORP              | US        |    122275 | NS      | $26847921.75   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN TOWER CORP                   | AMERICAN TOWER CORP                                | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |    313903 | NS      | $60369824.96   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLE INC                             | APPLE INC                                          | CUSIP: 037833100<br>LEI: HWUPKR0MPOU8FGXBT394 | Long             | EC               | CORP              | US        |    698600 | NS      | $177884518.00  | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| APPLOVIN CORP-CLASS A                 | APPLOVIN CORP                                      | CUSIP: 03831W108<br>LEI: 549300LLVXMUAOL3SQ07 | Long             | EC               | CORP              | US        |    272909 | NS      | $196096032.86  | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| ARISTA NETWORKS INC                   | ARISTA NETWORKS INC                                | CUSIP: 040413205<br>LEI: 635400H1WKBLOQERUU95 | Long             | EC               | CORP              | US        |   1362600 | NS      | $198544446.00  | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| AT&T INC                              | AT&T INC                                           | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |   7853300 | NS      | $221777192.00  | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| BHARTI AIRTEL LTD                     | BHARTI AIRTEL LTD                                  | CUSIP: 000000000<br>LEI: 335800KQ1FPKOQ84OR26 | Long             | EC               | CORP              | IN        |   6336914 | NS      | $134022504.66  | 1.25%             |  |  |  | No            |                  2 | On Loan: No      |
| BOOKING HOLDINGS INC                  | BOOKING HOLDINGS INC                               | CUSIP: 09857L108<br>LEI: FXM8FAOHMYDIPD38UZ17 | Long             | EC               | CORP              | US        |     35557 | NS      | $191981843.39  | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| BROADCOM INC                          | BROADCOM INC                                       | CUSIP: 11135F101<br>LEI: 549300WV6GIDOZJTV909 | Long             | EC               | CORP              | US        |    362100 | NS      | $119460411.00  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| BYTEDANCE LTD CVT PFD SR E PP         | BYTEDANCE LTD CVT PFD SR E PP                      | CUSIP: 000000000<br>LEI: 300300NIFA1100061063 | Long             | EP               | CORP              | US        |    226945 | NS      | $87550842.10   | 0.82%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CANVA COMMON STOCK PP                 | CANVA COMMON STOCK PP                              | CUSIP: TC1HS9QX6<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23072 | NS      | $37979742.08   | 0.36%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CANVA SERIES A CVT PFD STOCK PP       | CANVA SERIES A CVT PFD STOCK PP                    | CUSIP: TC0R8VGD3<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      1502 | NS      | $2472502.28    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CANVA SERIES A-3 CVT PFD STOCK PP     | CANVA SERIES A-3 CVT PFD STOCK PP                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |       216 | NS      | $355566.24     | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CANVA SERIES A-4 CVT PFD STOCK PP     | CANVA SERIES A-4 CVT PFD STOCK PP                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |        23 | NS      | $37861.22      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CANVA SERIES A-5 CVT PFD STOCK PP     | CANVA SERIES A-5 CVT PFD STOCK PP                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |         2 | NS      | $3292.28       | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CAPCOM CO LTD                         | CAPCOM CO LTD                                      | CUSIP: 000000000<br>LEI: 529900JJWQKXS3TC8744 | Long             | EC               | CORP              | JP        |   2774900 | NS      | $75341338.55   | 0.71%             |  |  |  | No            |                  2 | On Loan: —       |
| CARVANA CO                            | CARVANA CO                                         | CUSIP: 146869102<br>LEI: 5493003WEAK2PJ5WS063 | Long             | EC               | CORP              | US        |    465800 | NS      | $175718392.00  | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| CHARTER COMMUNICATIONS INC-A          | CHARTER COMMUNICATIONS INC                         | CUSIP: 16119P108<br>LEI: 0J0XRGZE3PBRFEZ7MV65 | Long             | EC               | CORP              | US        |    175900 | NS      | $48390969.50   | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| CIENA CORP                            | CIENA CORP                                         | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |    296100 | NS      | $43132887.00   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| COMCAST CORP-CLASS A                  | COMCAST CORP                                       | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    325185 | NS      | $10217312.70   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION SOFTWARE INC            | CONSTELLATION SOFTWARE INC/CANADA                  | CUSIP: 000000000<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |     17162 | NS      | $46588842.97   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| CONSTELLATION SOFTWARE INC WTS 8/28   | CONSTELLATION SOFTWARE INC/CANADA                  | CUSIP: 21037X134<br>LEI: 549300B6PYHMCTDWQV29 | Long             | EC               | CORP              | CA        |     50816 | NS      | $0.00          | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| CREDO TECHNOLOGY GROUP HOLDI          | CREDO TECHNOLOGY GROUP HOLDING LTD                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    236100 | NS      | $34378521.00   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| CROWDSTRIKE HOLDINGS INC - A          | CROWDSTRIKE HOLDINGS INC                           | CUSIP: 22788C105<br>LEI: 549300YBY08K9KM4HX32 | Long             | EC               | CORP              | US        |     34136 | NS      | $16739611.68   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| DATABRICKS SER G CVT PFD STCK PP      | DATABRICKS SER G CVY PFD STCK PP                   | CUSIP: TC6XLXUH0<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |     90486 | NS      | $13572900.00   | 0.13%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATABRICKS SER H CVT PFD STOCK PP     | DATABRICKS SER H CVT PFD STOCK PP                  | CUSIP: TC2K5K6F9<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |    221679 | NS      | $33251850.00   | 0.31%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATABRICKS SER I CVT PFD STOCK PP     | DATABRICKS SER I CVT PFD STOCK PP                  | CUSIP: 000000000<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |     46502 | NS      | $6975300.00    | 0.07%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DATABRICKS SER J CVT PFD STOCK PP     | DATABRICKS SER J CVT PFD STOCK PP                  | CUSIP: 000000000<br>LEI: 984500FEDAC7FBD96273 | Long             | EP               | CORP              | US        |     55120 | NS      | $8268000.00    | 0.08%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DESCARTES SYSTEMS GRP/THE             | DESCARTES SYSTEMS GROUP INC/THE                    | CUSIP: 249906108<br>LEI: 875500NEPA7JI5EOMN45 | Long             | EC               | CORP              | CA        |    449913 | NS      | $42395301.99   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| DEUTSCHE TELEKOM AG-REG               | DEUTSCHE TELEKOM AG                                | CUSIP: 000000000<br>LEI: 549300V9QSIG4WX4GJ96 | Long             | EC               | CORP              | DE        |  17809667 | NS      | $606765907.80  | 5.68%             |  |  |  | No            |                  2 | On Loan: No      |
| DOORDASH INC - A                      | DOORDASH INC                                       | CUSIP: 25809K105<br>LEI: 549300NUQ43FGGSK5051 | Long             | EC               | CORP              | US        |    782799 | NS      | $212913500.01  | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| EPIC GAMES INC PP                     | EPIC GAMES INC PP                                  | CUSIP: 000000000<br>LEI: 549300I2RHITL4UP9K78 | Long             | EC               | CORP              | US        |     35499 | NS      | $18357952.86   | 0.17%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FIREFLY AEROSPACE INC                 | FIREFLY AEROSPACE INC                              | CUSIP: 31816X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    183126 | NS      | $5369254.32    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| FLEXE SERIES C CVT PFD STOCK PP       | FLEXE SERIES C CVT PFD STOCK                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    616504 | NS      | $3230480.96    | 0.03%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FLEXE SERIES D CVT PFD STOCK PP       | FLEXE SERIES D CVT PFD STOCK PP                    | CUSIP: TC3VQOQZ7<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    138152 | NS      | $723916.48     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FORMAGRID INC SER F CVT PFD STOCK PP  | FORMAGRID INC SER F CVT PFD STOCK PP               | CUSIP: TC1ERSTV3<br>LEI: 9845006EB0931A9BEA31 | Long             | EP               | CORP              | US        |    162425 | NS      | $9475874.50    | 0.09%             |  |  |  | Yes           |                  3 | On Loan: No      |
| FORTINET INC                          | FORTINET INC                                       | CUSIP: 34959E109<br>LEI: 549300O0QJWDBAS0QX03 | Long             | EC               | CORP              | US        |    416836 | NS      | $35047570.88   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| HOUZZ INC COMMON STOCK PP             | HOUZZ INC COMMON STOCK PP                          | CUSIP: TC3PLSV64<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    186860 | NS      | $0.00          | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| HOUZZ INC CVT 0% 1/24 D PP            | HOUZZ INC CVT 0 1/24 D PP                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    560560 | NS      | $0.00          | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| iCapital Inc Common Stock PP          | ICAPITAL INC COMMON STOCK PP                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1046473 | NS      | $14650308.06   | 0.14%             |  |  |  | Yes           |                  3 | On Loan: No      |
| INTERDIGITAL INC                      | INTERDIGITAL INC                                   | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    168100 | NS      | $58033163.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: —       |
| KDDI CORP                             | KDDI CORP                                          | CUSIP: 000000000<br>LEI: 5299003FU7V4I45FU310 | Long             | EC               | CORP              | JP        |   7654300 | NS      | $122074819.90  | 1.14%             |  |  |  | No            |                  2 | On Loan: —       |
| KONAMI GROUP CORP                     | KONAMI GROUP CORP                                  | CUSIP: 000000000<br>LEI: 353800FC4A5QCMIZFV94 | Long             | EC               | CORP              | JP        |    199300 | NS      | $28751408.22   | 0.27%             |  |  |  | No            |                  2 | On Loan: —       |
| KONINKLIJKE KPN NV                    | KONINKLIJKE KPN NV                                 | CUSIP: 000000000<br>LEI: 549300YO0JZHAL7FVP81 | Long             | EC               | CORP              | NL        |  31385930 | NS      | $150638011.92  | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| LIBERTY BROADBAND-C                   | LIBERTY BROADBAND CORP                             | CUSIP: 530307305<br>LEI: 549300MIX43II8JLN536 | Long             | EC               | CORP              | US        |    178203 | NS      | $11323018.62   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY MEDIA CORP-FORMULA-C          | LIBERTY MEDIA CORP-LIBERTY FORMULA ONE             | CUSIP: 531229755<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2185432 | NS      | $228268372.40  | 2.14%             |  |  |  | No            |                  1 | On Loan: No      |
| LIBERTY MEDIA CORP-LIBERTY-C          | LIBERTY MEDIA CORP-LIBERTY LIVE                    | CUSIP: 531229722<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    213500 | NS      | $20703095.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| LIVE NATION ENTERTAINMENT INC         | LIVE NATION ENTERTAINMENT INC                      | CUSIP: 538034109<br>LEI: 5493007B9BM9ZXJINO78 | Long             | EC               | CORP              | US        |   1188318 | NS      | $194171161.20  | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| MASTERCARD INC - A                    | MASTERCARD INC                                     | CUSIP: 57636Q104<br>LEI: AR5L2ODV9HN37376R084 | Long             | EC               | CORP              | US        |    104400 | NS      | $59383764.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCADOLIBRE INC                      | MERCADOLIBRE INC                                   | CUSIP: 58733R102<br>LEI: 549300DKPDN9M5S8GB14 | Long             | EC               | CORP              | US        |     90292 | NS      | $211006986.48  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| META PLATFORMS INC-CLASS A            | META PLATFORMS INC                                 | CUSIP: 30303M102<br>LEI: BQ4BKCS1HXDV9HN80Z93 | Long             | EC               | CORP              | US        |   1473694 | NS      | $1082251399.72 | 10.13%            |  |  |  | No            |                  1 | On Loan: No      |
| MICROSOFT CORP                        | MICROSOFT CORP                                     | CUSIP: 594918104<br>LEI: INR2EJN1ERAN0W5ZP974 | Long             | EC               | CORP              | US        |    292329 | NS      | $151411805.55  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| NETFLIX INC                           | NETFLIX INC                                        | CUSIP: 64110L106<br>LEI: 549300Y7VHGU0I7CE873 | Long             | EC               | CORP              | US        |    849380 | NS      | $1018338669.60 | 9.53%             |  |  |  | No            |                  1 | On Loan: No      |
| NEWS CORP NEW CLASS A                 | NEWS CORP                                          | CUSIP: 65249B109<br>LEI: 549300ITS31QK8VRBQ14 | Long             | EC               | CORP              | US        |   1209249 | NS      | $37136036.79   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| NINTENDO CO LTD                       | NINTENDO CO LTD                                    | CUSIP: 000000000<br>LEI: 353800FEEXU6I9M0ZF27 | Long             | EC               | CORP              | JP        |   3861400 | NS      | $334085435.34  | 3.13%             |  |  |  | No            |                  2 | On Loan: No      |
| NVIDIA CORP                           | NVIDIA CORP                                        | CUSIP: 67066G104<br>LEI: 549300S4KLFTLO7GSQ80 | Long             | EC               | CORP              | US        |   1175400 | NS      | $219306132.00  | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| OPENAI LLC CVT INT RIGHTS PP          | OPENAI LLV CVT INT RIGHTS PP                       | CUSIP: 000000000<br>LEI: 9845008AF81ABBC36E24 | Long             | EC               | CORP              | US        |   5179507 | NS      | $8176887.70    | 0.08%             |  |  |  | Yes           |                  3 | On Loan: No      |
| ORACLE CORP                           | ORACLE CORP                                        | CUSIP: 68389X105<br>LEI: 1Z4GXXU7ZHVWFCD8TV52 | Long             | EC               | CORP              | US        |     72400 | NS      | $20361776.00   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PINTEREST INC- CLASS A                | PINTEREST INC                                      | CUSIP: 72352L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    668379 | NS      | $21501752.43   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| ROBLOX CORP -CLASS A                  | ROBLOX CORP                                        | CUSIP: 771049103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2017996 | NS      | $279532805.92  | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| SANRIO CO LTD                         | SANRIO CO LTD                                      | CUSIP: 000000000<br>LEI: 3538002Q5JQLOMSPH125 | Long             | EC               | CORP              | JP        |    850900 | NS      | $39941309.45   | 0.37%             |  |  |  | No            |                  2 | On Loan: —       |
| SEA LTD ADR                           | SEA LTD                                            | CUSIP: 81141R100<br>LEI: 529900OM6JLLW44YKI15 | Long             | EC               | CORP              | KY        |   1208934 | NS      | $216072773.82  | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| SERVICENOW INC                        | SERVICENOW INC                                     | CUSIP: 81762P102<br>LEI: 549300HJTQM36M0E1G39 | Long             | EC               | CORP              | US        |     11667 | NS      | $10736906.76   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| SHOPIFY INC - CLASS A                 | SHOPIFY INC                                        | CUSIP: 82509L107<br>LEI: 549300HGQ43STJLLP808 | Long             | EC               | CORP              | CA        |     95770 | NS      | $14232379.70   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SINGAPORE TELECOMMUNICATIONS          | SINGAPORE TELECOMMUNICATIONS LTD                   | CUSIP: 000000000<br>LEI: 2549003XJKIQO8YDYD89 | Long             | EC               | CORP              | SG        |  37714247 | NS      | $120575021.07  | 1.13%             |  |  |  | No            |                  2 | On Loan: No      |
| SOCURE INC PP                         | SOCURE INC PP                                      | CUSIP: TC7Z586M3<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    129020 | NS      | $709610.00     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SOCURE SERIES A CVT PFD STOCK PP      | SOCURE SERIES A CVT PFD STOCK PP                   | CUSIP: TC3RC4MW6<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    156804 | NS      | $862422.00     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SOCURE SERIES A-1 CVT PFD STOCK PP    | SOCURE SERIES A-1 CVT PFD STOCK PP                 | CUSIP: TC8GIS7E3<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    128696 | NS      | $707828.00     | 0.01%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SOCURE SERIES B CVT PFD STOCK PP      | SOCURE SERIES B CVT PFD STOCK PP                   | CUSIP: TC60C9PB4<br>LEI: N/A                  | Long             | EP               | CORP              | US        |      2328 | NS      | $12804.00      | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SOCURE SERIES E CVT PFD STOCK PP      | SOCURE SERIES E CVT PFD STOCK PP                   | CUSIP: TC9LW24E5<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    298293 | NS      | $1640611.50    | 0.02%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SONY FINANCIAL GROUP INC              | SONY FINANCIAL GROUP INC                           | CUSIP: 000000000<br>LEI: 353800O7BDSU41WOZA60 | Long             | EC               | CORP              | JP        |   1470400 | NS      | $1630629.21    | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| SONY GROUP CORP                       | SONY GROUP CORP                                    | CUSIP: 000000000<br>LEI: 529900R5WX9N2OI2N910 | Long             | EC               | CORP              | JP        |   1470400 | NS      | $42269150.67   | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| SPOTIFY TECHNOLOGY SA                 | SPOTIFY TECHNOLOGY SA                              | CUSIP: 000000000<br>LEI: 549300B4X0JHWV0DTD60 | Long             | EC               | CORP              | LU        |    682181 | NS      | $476162338.00  | 4.46%             |  |  |  | No            |                  1 | On Loan: No      |
| STONEX GROUP INC                      | STONEX GROUP INC                                   | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |    569100 | NS      | $57433572.00   | 0.54%             |  |  |  | No            |                  1 | On Loan: —       |
| T-MOBILE US INC                       | T-MOBILE US INC                                    | CUSIP: 872590104<br>LEI: 549300QHIJYOHPACPG31 | Long             | EC               | CORP              | US        |   2472430 | NS      | $591850293.40  | 5.54%             |  |  |  | No            |                  1 | On Loan: No      |
| T. Rowe Price Government Reserve Fund | T. Rowe Price Government Reserve Fund - Collateral | CUSIP: 76105YYY8<br>LEI: 5493002Y0IYARJVQ5N24 | Long             | STIV             | RF                | US        |  97531293 | NS      | $97531293.10   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| T. Rowe Price Treasury Reserve Fund   | T. Rowe Price Treasury Reserve Fund                | CUSIP: 76105Y208<br>LEI: 5493007QR86JJLYO6D96 | Long             | STIV             | RF                | US        |      1000 | NS      | $1000.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN SEMICONDUCTOR-SP ADR           | TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD          | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |   1031282 | NS      | $288026749.78  | 2.70%             |  |  |  | No            |                  1 | On Loan: No      |
| TAKE-TWO INTERACTIVE SOFTWRE          | TAKE-TWO INTERACTIVE SOFTWARE INC                  | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |    636052 | NS      | $164330394.72  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| TENCENT HOLDINGS LTD                  | TENCENT HOLDINGS LTD                               | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |   2099800 | NS      | $178923122.82  | 1.68%             |  |  |  | No            |                  2 | On Loan: No      |
| TKO Group Holdings Inc                | TKO GROUP HOLDINGS INC                             | CUSIP: 87256C101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1016600 | NS      | $205312536.00  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| TRADEWEB MARKETS INC-CLASS A          | TRADEWEB MARKETS INC                               | CUSIP: 892672106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    877709 | NS      | $97408144.82   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| WALT DISNEY CO/THE                    | WALT DISNEY CO/THE                                 | CUSIP: 254687106<br>LEI: 549300GZKULIZ0WOW665 | Long             | EC               | CORP              | US        |      8510 | NS      | $974395.00     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WAYMO LLC SER A-2 CVT PFD UNITS PP    | WAYMO LLC SER A-2 CVT PFD UNITS PP                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    127117 | NS      | $13468046.15   | 0.13%             |  |  |  | Yes           |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-05

**Name of Applicant:** T. ROWE PRICE COMMUNICATIONS & TECHNOLOGY FUND, INC.

**Signature:** /s/ Alan Dupski

**Name of Signer:** Alan Dupski

**Title:** Treasurer & Vice President