# T. Rowe Price Small-Cap Stock Fund Advisor Class (PASSX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/passx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: T. Rowe Price · Asset class: Equity - Strategy: Actively Managed · Inception: 2000-03-31 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... ## Key Facts | Metric | Value | |---|---| | Price | $59.48 | | Expense Ratio | 1.17% | | AUM (All Share Classes) | $8.01B | | NAV | $59.48 | | Holdings Count | — | | Distribution Yield (TTM) | 6.82% | | Annual Distribution (TTM) | $4.06 /share | | Distribution Frequency | Annual | | 52-Week Range | $54.48 – $66.87 | | Beta | 1.00 | ## Latest Distribution - Amount: $4.0573 /share - Ex-date: 2025-12-11 - Pay date: 2025-12-12 ## Frequently Asked Questions ### 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) is one share class of a fund that manages $8.01B across all of its share classes (OTCFX, OTIIX report the same total). Our data does not carry the assets of this share class alone. 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. ### Does PASSX pay a dividend? T. Rowe Price Small-Cap Stock Fund Advisor Class (PASSX) currently distributes little or no income. Trailing-twelve-month yield is 6.82%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PASSX pay dividends? T. Rowe Price Small-Cap Stock Fund Advisor Class pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PASSX's dividend yield? PASSX's trailing-twelve-month yield is 6.82%, calculated from the sum of dividends over the past year divided by the current price. ### When is PASSX's next ex-dividend date? The most recently announced ex-dividend date for PASSX was 2025-12-11. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will PASSX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.17% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PASSX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PASSX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PASSX cost more than a fund like VOO? PASSX is actively managed (current expense ratio 1.17%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether PASSX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PASSX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PASSX (1.17%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/passx - Distribution history: https://www.dividenddata.com/funds/passx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/passx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/passx/expenses - Peer comparison: https://www.dividenddata.com/funds/passx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.