What happened to my healthcare fund, PRHSX? It dropped by 25% in 2 months (Nov 2021 - Jan 2022)

[JEDI]

This is a small portion of my IRA.
I dont look at it till tax time (ie: now) when i check all my IRA/401k returns.

Anyone know why it dropped 25% between late Nov 2021 and late Jan 2022?
It wiped out all of 2021 gains, and then some.
Price is now at same level as Oct 2020.

 

[nakedfrog]

Dunno if you noticed, but a lot of stocks have taken a hit in that period.

 

[biostud]

Have they paid dividend?

 

[deadlyapp]

What individual stocks are held in the fund? Need to look at that. Suspect that a lot of the pharma companies dropped after their covid surges but I haven't looked

 

[jpiniero]

That expense ratio... yikes.

 

[deadlyapp]

That expense ratio... yikes.

It's not great, but it's only marginally above average.