T. Rowe Price Small-Cap Stock Fund

Frequently Asked Questions About OTIIX

What does OTIIX invest in?

This fund generally commits a minimum of 80% of its net portfolio value (including funds obtained through borrowing for investment) to equity holdings of small-capitalization enterprises. The management team considers a company 'small' if its market capitalization is currently at or below the spectrum of firms included in the Russell 2000® Index or the S&P SmallCap 600 Index. Additionally, a company might qualify if its market capitalization is below the average of the highest market caps within either index over the past three years, specifically measured on December 31st of each of those preceding years.

What is the expense ratio of OTIIX?

T. Rowe Price Small-Cap Stock Fund (OTIIX) charges an expense ratio of 0.77%. This is the annual fee deducted from fund assets to cover management and operations.

How big is OTIIX?

T. Rowe Price Small-Cap Stock Fund (OTIIX) manages $9.58B 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 OTIIX actively managed or an index fund?

OTIIX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (OTIIX's is 0.77%) in exchange for the discretion to over- or under-weight positions.

When was OTIIX launched?

T. Rowe Price Small-Cap Stock Fund (OTIIX) launched in August 2015 and is managed by T. Rowe Price.

How has OTIIX performed?

OTIIX'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.