T. Rowe Price Institutional Small-Cap Stock Fund

Frequently Asked Questions About TRSSX

What does TRSSX invest in?

The T. Rowe Price Institutional Small-Cap Stock Fund is primarily dedicated to investing in small-capitalization companies, allocating a minimum of 80% of its total net assets (including any capital acquired through borrowing for investment purposes) to their stock. The fund manager defines a "small company" based on its market value: a company qualifies if its market capitalization falls within or below the current range of firms included in either the Russell 2000® Index or the S&P SmallCap 600 Index. Alternatively, it also qualifies if its market value is lower than the three-year average of the highest market capitalization of companies within those indices, determined as of December 31 for the three preceding years. While the portfolio predominantly consists of common shares of U.S. companies, the fund retains the flexibility to invest in international equities to meet its investment objectives.

What is the expense ratio of TRSSX?

T. Rowe Price Institutional Small-Cap Stock Fund (TRSSX) charges an expense ratio of 0.66%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TRSSX?

T. Rowe Price Institutional Small-Cap Stock Fund (TRSSX) manages $4.22B 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 TRSSX actively managed or an index fund?

TRSSX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TRSSX's is 0.66%) in exchange for the discretion to over- or under-weight positions.

When was TRSSX launched?

T. Rowe Price Institutional Small-Cap Stock Fund (TRSSX) launched in March 2000 and is managed by T. Rowe Price.

How has TRSSX performed?

TRSSX'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.