# T. Rowe Price Institutional Large Cap Core Growth Fund (TPLGX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tplgx 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: 2003-10-01 The fund typically allocates a minimum of 80% of its total net assets—which may include capital acquired through borrowing for investment purposes—to companies with a substantial market capitalization. Management defines these "large-cap" entities as firms whose market value exceeds the median market capitalization of the companies listed in the Russell 1000® Growth Index, a widely recognized benchmark for leading U.S. growth stocks. This investment vehicle operates on a non-diversified basis. ## Key Facts | Metric | Value | |---|---| | Price | $71.78 | | Expense Ratio | 0.56% | | Assets Under Management | $6.43B | | NAV | $71.78 | | Holdings Count | — | | Distribution Yield (TTM) | 20.11% | | Annual Distribution (TTM) | $14.44 /share | | Distribution Frequency | Annual | | 52-Week Range | $60.82 – $88.38 | | Beta | 1.23 | ## Latest Distribution - Amount: $14.4353 /share - Ex-date: 2025-12-17 - Pay date: 2025-12-18 ## Frequently Asked Questions ### What does TPLGX invest in? The fund typically allocates a minimum of 80% of its total net assets—which may include capital acquired through borrowing for investment purposes—to companies with a substantial market capitalization. Management defines these "large-cap" entities as firms whose market value exceeds the median market capitalization of the companies listed in the Russell 1000® Growth Index, a widely recognized benchmark for leading U.S. growth stocks. This investment vehicle operates on a non-diversified basis. ### What is the expense ratio of TPLGX? T. Rowe Price Institutional Large Cap Core Growth Fund (TPLGX) charges an expense ratio of 0.56%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TPLGX? T. Rowe Price Institutional Large Cap Core Growth Fund (TPLGX) manages $6.43B 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 TPLGX actively managed or an index fund? TPLGX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TPLGX's is 0.56%) in exchange for the discretion to over- or under-weight positions. ### When was TPLGX launched? T. Rowe Price Institutional Large Cap Core Growth Fund (TPLGX) launched in October 2003 and is managed by T. Rowe Price. ### How has TPLGX performed? TPLGX'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 TPLGX pay a dividend? T. Rowe Price Institutional Large Cap Core Growth Fund (TPLGX) currently distributes little or no income. Trailing-twelve-month yield is 20.11%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TPLGX pay dividends? T. Rowe Price Institutional Large Cap Core Growth 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 TPLGX's dividend yield? TPLGX's trailing-twelve-month yield is 20.11%, calculated from the sum of dividends over the past year divided by the current price. ### When is TPLGX's next ex-dividend date? The most recently announced ex-dividend date for TPLGX was 2025-12-17. 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 TPLGX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.56% 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 TPLGX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TPLGX'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 TPLGX cost more than a fund like VOO? TPLGX is actively managed (current expense ratio 0.56%). 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 TPLGX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TPLGX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TPLGX (0.56%) 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/tplgx - Distribution history: https://www.dividenddata.com/funds/tplgx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tplgx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tplgx/expenses - Peer comparison: https://www.dividenddata.com/funds/tplgx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.