# T. Rowe Price Equity Index 500 Fund (PREIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/preix for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: T. Rowe Price · Asset class: Equity - Strategy: Actively Managed · Inception: 1990-03-30 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. ## Key Facts | Metric | Value | |---|---| | Price | $198.91 | | Expense Ratio | 0.19% | | Assets Under Management | $39.86B | | NAV | $198.91 | | Holdings Count | — | | Distribution Yield (TTM) | 2.10% | | Annual Distribution (TTM) | $4.17 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $164.59 – $202.90 | | Beta | 1.01 | ## Latest Distribution - Amount: $0.4557 /share - Ex-date: 2026-09-28 - Pay date: 2026-09-29 ## Frequently Asked Questions ### 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 $39.86B 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. ### Does PREIX pay a dividend? T. Rowe Price Equity Index 500 Fund (PREIX) currently distributes little or no income. Trailing-twelve-month yield is 2.10%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PREIX pay dividends? T. Rowe Price Equity Index 500 Fund pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PREIX's dividend yield? PREIX's trailing-twelve-month yield is 2.10%, calculated from the sum of dividends over the past year divided by the current price. ### When is PREIX's next ex-dividend date? The most recently announced ex-dividend date for PREIX was 2026-09-28. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will PREIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.19% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PREIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PREIX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PREIX cost more than a fund like VOO? PREIX is actively managed (current expense ratio 0.19%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether PREIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PREIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PREIX (0.19%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/preix - Distribution history: https://www.dividenddata.com/funds/preix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/preix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/preix/expenses - Peer comparison: https://www.dividenddata.com/funds/preix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.