T. Rowe Price Small-Cap Value Fund

Frequently Asked Questions About PASVX

What does PASVX invest in?

This fund allocates a minimum of 80% of its investment capital to small-capitalization companies. These are businesses whose market valuation falls within or below the scope of firms included in the Russell 2000® Index. However, the fund retains the flexibility to occasionally acquire shares in companies with market capitalizations exceeding this defined range.

What is the expense ratio of PASVX?

T. Rowe Price Small-Cap Value Fund (PASVX) charges an expense ratio of 1.19%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PASVX?

T. Rowe Price Small-Cap Value Fund (PASVX) manages $9.18B 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 PASVX actively managed or an index fund?

PASVX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PASVX's is 1.19%) in exchange for the discretion to over- or under-weight positions.

When was PASVX launched?

T. Rowe Price Small-Cap Value Fund (PASVX) launched in March 2000 and is managed by T. Rowe Price.

How has PASVX performed?

PASVX'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.