- What does PRDMX invest in?
- This fund seeks to deliver substantial capital appreciation over an extended period. Typically, it dedicates at least 80% of its total net assets (inclusive of any borrowed funds utilized for investment) to a wide-ranging collection of common stocks issued by growth-focused companies of medium size. T. Rowe Price’s investment approach targets businesses anticipated to exhibit earnings growth at a rate faster than the market average. For this fund, mid-cap companies are characterized by a market capitalization that falls within the spectrum of either the S&P MidCap 400 Index or the Russell Midcap Growth Index.
- What is the expense ratio of PRDMX?
- T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) charges an expense ratio of 0.84%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PRDMX?
- T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) manages $4.90B 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 PRDMX actively managed or an index fund?
- PRDMX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRDMX's is 0.84%) in exchange for the discretion to over- or under-weight positions.
- When was PRDMX launched?
- T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) launched in January 2004 and is managed by T. Rowe Price.
- How has PRDMX performed?
- PRDMX'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.
