T. Rowe Price Mid-Cap Growth Fund Advisor Class

Frequently Asked Questions About PAMCX

What does PAMCX invest in?

The fund normally commits at least 80% of its total net assets (which may include funds acquired through borrowing) to a diverse array of common shares. These investments target mid-sized companies whose earnings T. Rowe Price projects will expand at a rate surpassing that of an average enterprise. For clarity, the advisor classifies mid-cap companies as those with a market capitalization aligning with the parameters of either the S&P MidCap 400® Index or the Russell Midcap® Growth Index. Although its principal holdings typically consist of U.S. equities, the fund is permitted to invest in international stocks if doing so aligns with its stated investment goals.

What is the expense ratio of PAMCX?

T. Rowe Price Mid-Cap Growth Fund Advisor Class (PAMCX) charges an expense ratio of 1.02%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PAMCX?

T. Rowe Price Mid-Cap Growth Fund Advisor Class (PAMCX) manages $32.26B 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 PAMCX actively managed or an index fund?

PAMCX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PAMCX's is 1.02%) in exchange for the discretion to over- or under-weight positions.

When was PAMCX launched?

T. Rowe Price Mid-Cap Growth Fund Advisor Class (PAMCX) launched in March 2000 and is managed by T. Rowe Price.

How has PAMCX performed?

PAMCX'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.