# T. Rowe Price Growth Stock Fund (PRGFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/prgfx 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: 1980-01-02 The T. Rowe Price Growth Stock Fund aims to achieve substantial long-term capital appreciation by primarily investing in equity securities. It typically allocates a minimum of 80% of its net assets, including any capital borrowed for investment purposes, to the common shares of a varied selection of companies identified for their growth potential. While the portfolio largely consists of U.S. common stocks, the fund also has the flexibility to invest in international equities when consistent with its overarching investment objective. This fund is categorized as non-diversified. ## Key Facts | Metric | Value | |---|---| | Price | $108.72 | | Expense Ratio | 0.66% | | Assets Under Management | $85.86B | | NAV | $108.72 | | Holdings Count | — | | Distribution Yield (TTM) | 13.44% | | Annual Distribution (TTM) | $14.61 /share | | Distribution Frequency | Annual | | 52-Week Range | $91.94 – $127.18 | | Beta | 1.19 | ## Latest Distribution - Amount: $14.6086 /share - Ex-date: 2025-12-11 - Pay date: 2025-12-12 ## Frequently Asked Questions ### What does PRGFX invest in? The T. Rowe Price Growth Stock Fund aims to achieve substantial long-term capital appreciation by primarily investing in equity securities. It typically allocates a minimum of 80% of its net assets, including any capital borrowed for investment purposes, to the common shares of a varied selection of companies identified for their growth potential. While the portfolio largely consists of U.S. common stocks, the fund also has the flexibility to invest in international equities when consistent with its overarching investment objective. This fund is categorized as non-diversified. ### What is the expense ratio of PRGFX? T. Rowe Price Growth Stock Fund (PRGFX) charges an expense ratio of 0.66%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is PRGFX? T. Rowe Price Growth Stock Fund (PRGFX) manages $85.86B 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 PRGFX actively managed or an index fund? PRGFX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRGFX's is 0.66%) in exchange for the discretion to over- or under-weight positions. ### When was PRGFX launched? T. Rowe Price Growth Stock Fund (PRGFX) launched in January 1980 and is managed by T. Rowe Price. ### How has PRGFX performed? PRGFX'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 PRGFX pay a dividend? T. Rowe Price Growth Stock Fund (PRGFX) currently distributes little or no income. Trailing-twelve-month yield is 13.44%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PRGFX pay dividends? T. Rowe Price Growth Stock Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PRGFX's dividend yield? PRGFX's trailing-twelve-month yield is 13.44%, calculated from the sum of dividends over the past year divided by the current price. ### When is PRGFX's next ex-dividend date? The most recently announced ex-dividend date for PRGFX was 2025-12-11. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will PRGFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.66% 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 PRGFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PRGFX'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 PRGFX cost more than a fund like VOO? PRGFX is actively managed (current expense ratio 0.66%). 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 PRGFX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PRGFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PRGFX (0.66%) 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/prgfx - Distribution history: https://www.dividenddata.com/funds/prgfx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/prgfx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/prgfx/expenses - Peer comparison: https://www.dividenddata.com/funds/prgfx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.