T. Rowe Price Value Fund Advisor Class

Frequently Asked Questions About PAVLX

What does PAVLX invest in?

The fund's primary goal is to achieve significant long-term growth of capital, accomplished by investing in common stocks it considers undervalued; income generation is a secondary objective. Adopting a value-oriented investment strategy, the fund typically allocates at least 65% of its total assets to common equities that the portfolio manager identifies as undervalued. While it has the flexibility to purchase stocks from companies of any market capitalization, the fund generally concentrates its holdings in large-cap stocks.

What is the expense ratio of PAVLX?

T. Rowe Price Value Fund Advisor Class (PAVLX) charges an expense ratio of 0.95%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PAVLX?

T. Rowe Price Value Fund Advisor Class (PAVLX) manages $33.70B 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 PAVLX actively managed or an index fund?

PAVLX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PAVLX's is 0.95%) in exchange for the discretion to over- or under-weight positions.

When was PAVLX launched?

T. Rowe Price Value Fund Advisor Class (PAVLX) launched in March 2000 and is managed by T. Rowe Price.

How has PAVLX performed?

PAVLX'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.