10 Questions With Pimco RCM Tech Fund Manager Walter Price Jr.

Running a tech fund can be a thankless job these days, with the Nasdaq down about 11% since the beginning of the year and about 26% off of its 52-week high. But Walter Price Jr.'s Pimco RCM Global Technology fund [which he co-manages with Huachen Chen] has stood out among its peers.

On a three-year annualized basis, the fund's (DRGTX Quote)institutional share class , which was started in December of 1995 and is geared toward large investors such as pension plans and endowments, beats 88% of its peers in the specialty-technology category, according to Morningstar. Its (DGTNX Quote)D class fund , which was launched in January of 1999 and is targeted toward the individual investor, beats 87% of its peers on a three-year annualized basis, according to Morningstar.

More recently, however, Price's global technology fund has been hard hit. The institutional and the D class funds registered a 20% decline from the beginning of the year to April 30, the latest measurement by Morningstar.

How is Price coping with the topsy-turvy tech market these days? Read on. ...