T. Rowe Price Mid-Cap Growth Fund

Frequently Asked Questions About RRMGX

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 $29.49B 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.