T. Rowe Price Mid-Cap Value Fund

Frequently Asked Questions About TRMCX

What does TRMCX invest in?

Normally, a significant portion—at least 80%—of this fund's net assets will be directed toward company investments. This figure encompasses any capital borrowed for investment purposes. The specific characteristic used for selecting these companies is their market capitalization, which is derived by multiplying the number of their outstanding shares by their share price. At the time of acquisition, the market value of these selected companies must fall within the range observed among the firms listed in either the S&P MidCap 400 Index or the Russell Midcap Value Index.

What is the expense ratio of TRMCX?

T. Rowe Price Mid-Cap Value Fund (TRMCX) charges an expense ratio of 0.87%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TRMCX?

T. Rowe Price Mid-Cap Value Fund (TRMCX) manages $14.60B 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 TRMCX actively managed or an index fund?

TRMCX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TRMCX's is 0.87%) in exchange for the discretion to over- or under-weight positions.

When was TRMCX launched?

T. Rowe Price Mid-Cap Value Fund (TRMCX) launched in June 1996 and is managed by T. Rowe Price.

How has TRMCX performed?

TRMCX'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.