# T. Rowe Price Mid-Cap Value Fund I Class (TRMIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/trmix 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: 2015-08-28 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. ## Key Facts | Metric | Value | |---|---| | Price | $38.73 | | Expense Ratio | 0.72% | | AUM (All Share Classes) | $14.84B | | NAV | $38.73 (2026-10-30 close) | | Holdings Count | — | | Distribution Yield (TTM) | 4.67% | | Annual Distribution (TTM) | $1.81 /share | | Distribution Frequency | Annual | | 52-Week Range | $31.78 – $39.84 | | Beta | 0.98 | ## Latest Distribution - Amount: $1.8082 /share - Ex-date: 2025-12-11 - Pay date: 2025-12-12 ## Frequently Asked Questions ### 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. ### Does TRMIX pay a dividend? T. Rowe Price Mid-Cap Value Fund I Class (TRMIX) currently distributes little or no income. Trailing-twelve-month yield is 4.67%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TRMIX pay dividends? T. Rowe Price Mid-Cap Value Fund I Class pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TRMIX's dividend yield? TRMIX's trailing-twelve-month yield is 4.67%, calculated from the sum of dividends over the past year divided by the current price. ### When is TRMIX's next ex-dividend date? The most recently announced ex-dividend date for TRMIX 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 TRMIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.72% 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 TRMIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TRMIX'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 TRMIX cost more than a fund like VOO? TRMIX is actively managed (current expense ratio 0.72%). 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 TRMIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TRMIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TRMIX (0.72%) 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/trmix - Distribution history: https://www.dividenddata.com/funds/trmix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/trmix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/trmix/expenses - Peer comparison: https://www.dividenddata.com/funds/trmix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.