T. Rowe Price Diversified Mid Cap Growth Fund

Frequently Asked Questions About PRDMX

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 $4.38B 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.