# T. Rowe Price Spectrum Moderate Growth Allocation Fund (TRSGX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/trsgx 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: 1996-02-01 This fund allocates its capital across a diverse investment portfolio. Its typical holdings are generally composed of around 80% equities, 16% in a blend of fixed-income instruments, money market securities, and cash reserves, and 4% in non-traditional assets, which often includes exposure to hedge funds. In usual market environments, the fund adheres to specific allocation boundaries for these main asset categories: 70-90% for stocks, 5-25% for bonds, money market instruments, and cash equivalents, and 0-10% for alternative investments. ## Key Facts | Metric | Value | |---|---| | Price | $46.83 | | Expense Ratio | 0.78% | | AUM (All Share Classes) | $4.27B | | NAV | $46.83 | | Holdings Count | — | | Distribution Yield (TTM) | 6.08% | | Annual Distribution (TTM) | $2.85 /share | | Distribution Frequency | Annual | | 52-Week Range | $41.30 – $47.95 | | Beta | 1.05 | ## Latest Distribution - Amount: $2.8452 /share - Ex-date: 2025-12-17 - Pay date: 2025-12-18 ## Frequently Asked Questions ### What does TRSGX invest in? This fund allocates its capital across a diverse investment portfolio. Its typical holdings are generally composed of around 80% equities, 16% in a blend of fixed-income instruments, money market securities, and cash reserves, and 4% in non-traditional assets, which often includes exposure to hedge funds. In usual market environments, the fund adheres to specific allocation boundaries for these main asset categories: 70-90% for stocks, 5-25% for bonds, money market instruments, and cash equivalents, and 0-10% for alternative investments. ### What is the expense ratio of TRSGX? T. Rowe Price Spectrum Moderate Growth Allocation Fund (TRSGX) charges an expense ratio of 0.78%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TRSGX? T. Rowe Price Spectrum Moderate Growth Allocation Fund (TRSGX) is one share class of a fund that manages $4.27B across all of its share classes (TGIPX reports 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 TRSGX actively managed or an index fund? TRSGX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TRSGX's is 0.78%) in exchange for the discretion to over- or under-weight positions. ### When was TRSGX launched? T. Rowe Price Spectrum Moderate Growth Allocation Fund (TRSGX) launched in February 1996 and is managed by T. Rowe Price. ### How has TRSGX performed? TRSGX'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 TRSGX pay a dividend? T. Rowe Price Spectrum Moderate Growth Allocation Fund (TRSGX) currently distributes little or no income. Trailing-twelve-month yield is 6.08%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TRSGX pay dividends? T. Rowe Price Spectrum Moderate Growth Allocation 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 TRSGX's dividend yield? TRSGX's trailing-twelve-month yield is 6.08%, calculated from the sum of dividends over the past year divided by the current price. ### When is TRSGX's next ex-dividend date? The most recently announced ex-dividend date for TRSGX was 2025-12-17. 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 TRSGX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.78% 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 TRSGX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TRSGX'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 TRSGX cost more than a fund like VOO? TRSGX is actively managed (current expense ratio 0.78%). 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 TRSGX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TRSGX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TRSGX (0.78%) 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/trsgx - Distribution history: https://www.dividenddata.com/funds/trsgx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/trsgx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/trsgx/expenses - Peer comparison: https://www.dividenddata.com/funds/trsgx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.