- What does PASSX invest in?
- The fund's core objective is to achieve substantial capital appreciation over an extended period. Typically, the fund allocates at least 80% of its net assets, including any capital acquired through borrowing for investment, to the equity securities of small companies. The management team defines a small company based on its market capitalization. Such companies must either possess a market cap that falls within or below the current range of constituents in the Russell 2000® Index or the S&P SmallCap 600 Index. Alternatively, a company is categorized as small if its market capitalization is less than the three-year average maximum market capitalization of firms within either index, using data as of December 31 for the three preceding years.
- What is the expense ratio of PASSX?
- T. Rowe Price Small-Cap Stock Fund Advisor Class (PASSX) charges an expense ratio of 1.17%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PASSX?
- T. Rowe Price Small-Cap Stock Fund Advisor Class (PASSX) manages $9.22B 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 PASSX actively managed or an index fund?
- PASSX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PASSX's is 1.17%) in exchange for the discretion to over- or under-weight positions.
- When was PASSX launched?
- T. Rowe Price Small-Cap Stock Fund Advisor Class (PASSX) launched in March 2000 and is managed by T. Rowe Price.
- How has PASSX performed?
- PASSX'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.
