- What does POMIX invest in?
- Under normal conditions, the fund invests at least 80% of its net assets (including any borrowings for investment purposes) in stocks that are included in its benchmark index. The fund manager attempts to track the performance of the entire U.S. stock market by seeking to track, before fees and expenses, the performance of its benchmark, the S&P Total Market Index (Index). The index is a broad-market index consisting of all eligible U.S. common equities, including large-, mid-, small-, and micro-cap stocks.
- What is the expense ratio of POMIX?
- T. Rowe Price Total Equity Market Index Fund (POMIX) charges an expense ratio of 0.19%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is POMIX?
- T. Rowe Price Total Equity Market Index Fund (POMIX) manages $3.35B 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 POMIX actively managed or an index fund?
- POMIX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (POMIX's is 0.19%) in exchange for the discretion to over- or under-weight positions.
- When was POMIX launched?
- T. Rowe Price Total Equity Market Index Fund (POMIX) launched in January 1998 and is managed by T. Rowe Price.
- How has POMIX performed?
- POMIX'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.
