- What does RRMGX invest in?
- The fund dedicates a minimum of 80% of its total net assets, including any capital acquired through borrowing, to a diverse collection of common shares. These investments target mid-sized companies that T. Rowe Price forecasts will achieve earnings growth rates surpassing the market average. The advisor defines mid-capitalization firms as those with market valuations aligning with the range established by either the S&P MidCap 400® Index or the Russell Midcap® Growth Index.
- What is the expense ratio of RRMGX?
- T. Rowe Price Mid-Cap Growth Fund (RRMGX) charges an expense ratio of 1.31%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is RRMGX?
- T. Rowe Price Mid-Cap Growth Fund (RRMGX) manages $28.90B 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 RRMGX actively managed or an index fund?
- RRMGX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RRMGX's is 1.31%) in exchange for the discretion to over- or under-weight positions.
- When was RRMGX launched?
- T. Rowe Price Mid-Cap Growth Fund (RRMGX) launched in September 2002 and is managed by T. Rowe Price.
- How has RRMGX performed?
- RRMGX'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.
