T. Rowe Price Small-Cap Stock Fund

Frequently Asked Questions About OTCFX

What does OTCFX invest in?

This investment vehicle seeks to deliver considerable capital growth over an extended horizon. The fund generally allocates a minimum of 80% of its net assets (which includes any leveraged positions) to the stock of small-capitalization companies. For this fund's purposes, a small company is identified as one whose market valuation falls either within or below the current range of constituents of the Russell 2000® Index or the S&P SmallCap 600 Index. Additionally, it could be a company whose market capitalization is below the average highest market cap recorded for companies in either index over the past three years, specifically as of December 31 of each of those years.

What is the expense ratio of OTCFX?

T. Rowe Price Small-Cap Stock Fund (OTCFX) charges an expense ratio of 0.92%. This is the annual fee deducted from fund assets to cover management and operations.

How big is OTCFX?

T. Rowe Price Small-Cap Stock Fund (OTCFX) manages $9.29B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is OTCFX actively managed or an index fund?

OTCFX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (OTCFX's is 0.92%) in exchange for the discretion to over- or under-weight positions.

When was OTCFX launched?

T. Rowe Price Small-Cap Stock Fund (OTCFX) launched in January 1980 and is managed by T. Rowe Price.

How has OTCFX performed?

OTCFX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.