# T. Rowe Price Small-Cap Value Fund (PASVX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/pasvx 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 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. ## Key Facts | Metric | Value | |---|---| | Price | $57.51 | | Expense Ratio | 1.19% | | Assets Under Management | $9.18B | | NAV | $57.51 | | Holdings Count | — | | Distribution Yield (TTM) | 10.24% | | Annual Distribution (TTM) | $5.89 /share | | Distribution Frequency | Annual | | 52-Week Range | $51.09 – $62.70 | | Beta | 0.98 | ## Latest Distribution - Amount: $5.8916 /share - Ex-date: 2025-12-11 - Pay date: 2025-12-12 ## Frequently Asked Questions ### 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. ### Does PASVX pay a dividend? T. Rowe Price Small-Cap Value Fund (PASVX) currently distributes little or no income. Trailing-twelve-month yield is 10.24%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PASVX pay dividends? T. Rowe Price Small-Cap Value Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PASVX's dividend yield? PASVX's trailing-twelve-month yield is 10.24%, calculated from the sum of dividends over the past year divided by the current price. ### When is PASVX's next ex-dividend date? The most recently announced ex-dividend date for PASVX 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 PASVX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.19% 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 PASVX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PASVX'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 PASVX cost more than a fund like VOO? PASVX is actively managed (current expense ratio 1.19%). 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 PASVX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PASVX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PASVX (1.19%) 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/pasvx - Distribution history: https://www.dividenddata.com/funds/pasvx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/pasvx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/pasvx/expenses - Peer comparison: https://www.dividenddata.com/funds/pasvx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.