- What does RPMGX invest in?
- The fund's primary objective is to achieve substantial long-term capital appreciation. It typically allocates a minimum of 80% of its net assets (which may include borrowed funds for investment) to a diverse collection of common stocks. The focus is on mid-sized companies that T. Rowe Price anticipates will demonstrate earnings growth rates superior to the average corporation. For the purpose of this fund, mid-cap companies are defined as those whose market capitalization falls within the ranges of either the S&P MidCap 400® Index or the Russell Midcap® Growth Index. While the majority of the portfolio will generally comprise U.S. common stocks, the fund retains the flexibility to invest in international equities when consistent with its investment aims.
- What is the expense ratio of RPMGX?
- T. Rowe Price Mid-Cap Growth Fund (RPMGX) charges an expense ratio of 0.77%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RPMGX?
- T. Rowe Price Mid-Cap Growth Fund (RPMGX) manages $34.85B 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 RPMGX actively managed or an index fund?
- RPMGX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RPMGX's is 0.77%) in exchange for the discretion to over- or under-weight positions.
- When was RPMGX launched?
- T. Rowe Price Mid-Cap Growth Fund (RPMGX) launched in June 1992 and is managed by T. Rowe Price.
- How has RPMGX performed?
- RPMGX'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.
