- What does PRFDX invest in?
- The fund generally commits at least 80% of its net assets (which may include capital acquired through borrowing) to common equities. Its investment strategy focuses predominantly on large-capitalization companies, specifically targeting those with a consistent history of dividend payments or those considered to be undervalued. The investment manager habitually seeks out sizable corporations, and consequently, the fund's dividend yield, which reflects the income distributed, is typically expected to exceed that of the Russell 1000® Value Index.
- What is the expense ratio of PRFDX?
- T. Rowe Price Equity Income Fd (PRFDX) charges an expense ratio of 0.69%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PRFDX?
- T. Rowe Price Equity Income Fd (PRFDX) manages $29.43B 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 PRFDX actively managed or an index fund?
- PRFDX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRFDX's is 0.69%) in exchange for the discretion to over- or under-weight positions.
- When was PRFDX launched?
- T. Rowe Price Equity Income Fd (PRFDX) launched in October 1985 and is managed by T. Rowe Price.
- How has PRFDX performed?
- PRFDX'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.
