# T. Rowe Price Growth Stock Fund Advisor Class (TRSAX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/trsax 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: 2001-12-31 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. ## Key Facts | Metric | Value | |---|---| | Price | $106.32 | | Expense Ratio | 0.92% | | Assets Under Management | $83.96B | | NAV | $106.32 | | Holdings Count | — | | Distribution Yield (TTM) | 13.74% | | Annual Distribution (TTM) | $14.61 /share | | Distribution Frequency | Annual | | 52-Week Range | $87.29 – $121.62 | | Beta | 1.19 | ## Latest Distribution - Amount: $14.6086 /share - Ex-date: 2025-12-11 - Pay date: 2025-12-12 ## Frequently Asked Questions ### 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 $83.96B 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. ### Does TRSAX pay a dividend? T. Rowe Price Growth Stock Fund Advisor Class (TRSAX) currently distributes little or no income. Trailing-twelve-month yield is 13.74%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TRSAX pay dividends? T. Rowe Price Growth Stock Fund Advisor 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 TRSAX's dividend yield? TRSAX's trailing-twelve-month yield is 13.74%, calculated from the sum of dividends over the past year divided by the current price. ### When is TRSAX's next ex-dividend date? The most recently announced ex-dividend date for TRSAX 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 TRSAX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.92% 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 TRSAX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TRSAX'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 TRSAX cost more than a fund like VOO? TRSAX is actively managed (current expense ratio 0.92%). 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 TRSAX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TRSAX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TRSAX (0.92%) 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/trsax - Distribution history: https://www.dividenddata.com/funds/trsax/dividend - Holdings & diversification: https://www.dividenddata.com/funds/trsax/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/trsax/expenses - Peer comparison: https://www.dividenddata.com/funds/trsax/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.