T. Rowe Price Growth Stock Fund Advisor Class

Frequently Asked Questions About TRSAX

What does TRSAX invest in?

The fund's main objective is to attain substantial long-term capital appreciation by primarily investing in equities. Customarily, a minimum of 80% of its net assets—which accounts for any capital acquired through borrowing for investment purposes—will be committed to the common stock of a diverse array of growth companies. While the portfolio's predominant focus will be on U.S. common stocks, the fund maintains the option to invest in foreign equities when consistent with its overarching goal. Notably, this fund is designated as non-diversified.

What is the expense ratio of TRSAX?

T. Rowe Price Growth Stock Fund Advisor Class (TRSAX) charges an expense ratio of 0.92%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TRSAX?

T. Rowe Price Growth Stock Fund Advisor Class (TRSAX) manages $85.83B 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 TRSAX actively managed or an index fund?

TRSAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TRSAX's is 0.92%) in exchange for the discretion to over- or under-weight positions.

When was TRSAX launched?

T. Rowe Price Growth Stock Fund Advisor Class (TRSAX) launched in December 2001 and is managed by T. Rowe Price.

How has TRSAX performed?

TRSAX'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.