T. Rowe Price Equity Index 500 Fund

Frequently Asked Questions About PREIX

What does PREIX invest in?

The T. Rowe Price Equity Index 500 Fund is designed to replicate the investment performance of leading U.S. companies. Its central goal is to precisely follow the returns of its chosen benchmark, the S&P 500 index. As standard practice, the fund allocates a minimum of 80% of its total assets—this includes any capital secured via borrowing for investment—to the specific equities that make up this reference index.

What is the expense ratio of PREIX?

T. Rowe Price Equity Index 500 Fund (PREIX) charges an expense ratio of 0.19%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PREIX?

T. Rowe Price Equity Index 500 Fund (PREIX) manages $40.46B 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 PREIX actively managed or an index fund?

PREIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PREIX's is 0.19%) in exchange for the discretion to over- or under-weight positions.

When was PREIX launched?

T. Rowe Price Equity Index 500 Fund (PREIX) launched in March 1990 and is managed by T. Rowe Price.

How has PREIX performed?

PREIX'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.