# T. Rowe Price Integrated US SMCC Eq (TQSMX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tqsmx 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: 2016-02-29 At least 80% of this fund's total net assets, including any funds obtained through borrowing, are dedicated to investing in shares of U.S. companies with small to medium market capitalizations. The fund's manager primarily seeks to acquire common stock. For definitional purposes, small- and mid-cap companies are considered those whose market capitalization, at the time of acquisition, aligns with the scope of the Russell 2500® Index. ## Key Facts | Metric | Value | |---|---| | Price | $29.18 | | Expense Ratio | 0.88% | | Assets Under Management | $2.07B | | NAV | $29.18 | | Holdings Count | — | | Distribution Yield (TTM) | 0.99% | | Annual Distribution (TTM) | $0.29 /share | | Distribution Frequency | Annual | | 52-Week Range | $23.84 – $31.17 | | Beta | 1.05 | ## Latest Distribution - Amount: $0.2888 /share - Ex-date: 2025-12-11 - Pay date: 2025-12-12 ## Frequently Asked Questions ### What does TQSMX invest in? At least 80% of this fund's total net assets, including any funds obtained through borrowing, are dedicated to investing in shares of U.S. companies with small to medium market capitalizations. The fund's manager primarily seeks to acquire common stock. For definitional purposes, small- and mid-cap companies are considered those whose market capitalization, at the time of acquisition, aligns with the scope of the Russell 2500® Index. ### What is the expense ratio of TQSMX? T. Rowe Price Integrated US SMCC Eq (TQSMX) charges an expense ratio of 0.88%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TQSMX? T. Rowe Price Integrated US SMCC Eq (TQSMX) manages $2.07B 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 TQSMX actively managed or an index fund? TQSMX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TQSMX's is 0.88%) in exchange for the discretion to over- or under-weight positions. ### When was TQSMX launched? T. Rowe Price Integrated US SMCC Eq (TQSMX) launched in February 2016 and is managed by T. Rowe Price. ### How has TQSMX performed? TQSMX'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 TQSMX pay a dividend? T. Rowe Price Integrated US SMCC Eq (TQSMX) currently distributes little or no income. Trailing-twelve-month yield is 0.99%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TQSMX pay dividends? T. Rowe Price Integrated US SMCC Eq pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TQSMX's dividend yield? TQSMX's trailing-twelve-month yield is 0.99%, calculated from the sum of dividends over the past year divided by the current price. ### When is TQSMX's next ex-dividend date? The most recently announced ex-dividend date for TQSMX 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 TQSMX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.88% 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 TQSMX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TQSMX'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 TQSMX cost more than a fund like VOO? TQSMX is actively managed (current expense ratio 0.88%). 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 TQSMX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TQSMX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TQSMX (0.88%) 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/tqsmx - Distribution history: https://www.dividenddata.com/funds/tqsmx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tqsmx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tqsmx/expenses - Peer comparison: https://www.dividenddata.com/funds/tqsmx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.