T. Rowe Price Mid-Cap Value Fund I Class

Frequently Asked Questions About TRMIX

What does TRMIX invest in?

This fund's primary objective is to achieve substantial growth in capital over an extended period. To accomplish this, it typically allocates a minimum of 80% of its total net assets (which may include funds acquired through borrowing) towards investments in companies. These companies are selected such that their market value, calculated at the time of acquisition, corresponds with the market capitalization range of constituents within either the S&P MidCap 400 Index or the Russell Midcap Value Index.

What is the expense ratio of TRMIX?

T. Rowe Price Mid-Cap Value Fund I Class (TRMIX) charges an expense ratio of 0.72%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TRMIX?

T. Rowe Price Mid-Cap Value Fund I Class (TRMIX) is one share class of a fund that manages $14.84B across all of its share classes (RRMVX, TAMVX, TRMCX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is TRMIX actively managed or an index fund?

TRMIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TRMIX's is 0.72%) in exchange for the discretion to over- or under-weight positions.

When was TRMIX launched?

T. Rowe Price Mid-Cap Value Fund I Class (TRMIX) launched in August 2015 and is managed by T. Rowe Price.

How has TRMIX performed?

TRMIX'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.