# T. Rowe Price Value Fund (TRPIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/trpix 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 The T. Rowe Price Value Fund routinely dedicates a substantial portion (at least 65%) of its total assets to equity securities that the portfolio manager deems undervalued. While it retains the flexibility to invest in companies of varying market capitalizations, its focus primarily lies with large-capitalization stocks. ## Key Facts | Metric | Value | |---|---| | Price | $58.54 | | Expense Ratio | 0.57% | | Assets Under Management | $34.09B | | NAV | $58.54 | | Holdings Count | — | | Distribution Yield (TTM) | 3.86% | | Annual Distribution (TTM) | $2.26 /share | | Distribution Frequency | Annual | | 52-Week Range | $47.38 – $58.54 | | Beta | 0.68 | ## Latest Distribution - Amount: $2.2568 /share - Ex-date: 2025-12-11 - Pay date: 2025-12-12 ## Frequently Asked Questions ### What does TRPIX invest in? The T. Rowe Price Value Fund routinely dedicates a substantial portion (at least 65%) of its total assets to equity securities that the portfolio manager deems undervalued. While it retains the flexibility to invest in companies of varying market capitalizations, its focus primarily lies with large-capitalization stocks. ### What is the expense ratio of TRPIX? T. Rowe Price Value Fund (TRPIX) charges an expense ratio of 0.57%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TRPIX? T. Rowe Price Value Fund (TRPIX) manages $34.09B 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 TRPIX actively managed or an index fund? TRPIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TRPIX's is 0.57%) in exchange for the discretion to over- or under-weight positions. ### When was TRPIX launched? T. Rowe Price Value Fund (TRPIX) launched in August 2015 and is managed by T. Rowe Price. ### How has TRPIX performed? TRPIX'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 TRPIX pay a dividend? T. Rowe Price Value Fund (TRPIX) currently distributes little or no income. Trailing-twelve-month yield is 3.86%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TRPIX pay dividends? T. Rowe Price Value 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 TRPIX's dividend yield? TRPIX's trailing-twelve-month yield is 3.86%, calculated from the sum of dividends over the past year divided by the current price. ### When is TRPIX's next ex-dividend date? The most recently announced ex-dividend date for TRPIX 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 TRPIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.57% 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 TRPIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TRPIX'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 TRPIX cost more than a fund like VOO? TRPIX is actively managed (current expense ratio 0.57%). 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 TRPIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TRPIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TRPIX (0.57%) 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/trpix - Distribution history: https://www.dividenddata.com/funds/trpix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/trpix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/trpix/expenses - Peer comparison: https://www.dividenddata.com/funds/trpix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.