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PRDGX T. Rowe Price Dividend Growth

  • Fund
  • PRDGX
  • Price as of: Aug 08, 2016
  • $37.49
  • - $0.06
  • - 0.16%
  • Category
  • Total Dividend

PRDGX - Profile

Vitals

  • YTD Return 9.2%
  • 3 Yr Annualized Return 11.5%
  • 5 Yr Annualized Return 13.5%
  • Net Assets $5.64 B
  • Holdings in Top 10 22.0%

52 WEEK LOW AND HIGH

$37.49
$31.43
$37.55

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.64%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 24.60%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$1,000

Investment Themes

CATEGORY

Total Dividend
  • Fund Type Open End Mutual Fund
  • Investment Style Large Blend

Distributions

  • YTD Total Return 9.2%
  • 3 Yr Annualized Total Return 11.5%
  • 5 Yr Annualized Total Return 13.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.70%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name T. Rowe Price Dividend Growth Fund
  • Fund Family Name T. Rowe Price
  • Inception Date Dec 30, 1992
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Thomas J. Huber

Fund Description

The T. Rowe Price Dividend Growth Fund (PRDGX) is a low-cost, actively managed fund that seeks to provide a high level of income from common stocks. PRDGX invests in large-cap U.S. stocks that pay above-average dividends and looks to pick companies that have a history of (or potential for) growing those payouts. The fund uses various fundamental and sector-specific screens to find great dividend stocks.

Given its mandate on equity income, PRDGX makes a prime choice for investors looking to expand their core portfolio. The fund is managed by T. Rowe Price.

PRDGX - Performance

Return Ranking - Trailing

Period PRDGX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 9.2% -24.4% 25.0% 25.06% 2
1 Yr 8.6% -18.5% 18.1% 20.98% 2
3 Yr 11.5% * -8.3% 12.3% 2.66% 1
5 Yr 13.5% * -6.4% 15.4% 2.91% 1
10 Yr 8.4% * -4.0% 10.5% 4.42% 1

* Annualized


Return Ranking - Calendar

Period PRDGX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -5.0% -27.5% 3.6% 25.31% 2
2014 N/A 8.1% 8.1% N/A N/A
2013 N/A 28.4% 28.4% N/A N/A
2012 N/A 7.9% 7.9% N/A N/A
2011 N/A 7.2% 7.2% N/A N/A

Total Return Ranking - Trailing

Period PRDGX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 9.2% -24.4% 25.0% 25.06% 2
1 Yr 8.6% -21.6% 18.1% 17.02% 1
3 Yr 11.5% * -9.4% 12.3% 1.86% 1
5 Yr 13.5% * -6.8% 15.4% 2.91% 1
10 Yr 8.4% * -4.0% 10.5% 4.42% 1

* Annualized


Total Return Ranking - Calendar

Period PRDGX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 -5.0% -27.5% 3.6% 25.44% 2
2014 N/A 9.4% 9.4% N/A N/A
2013 N/A 32.8% 32.8% N/A N/A
2012 N/A 11.1% 11.1% N/A N/A
2011 N/A 10.4% 10.4% N/A N/A

NAV & Total Return History

PRDGX - Holdings

Filings data as of: Jun 30, 2016

Concentration Analysis

PRDGX Category Low Category High PRDGX % Rank Quintile
Net Assets 5.64 B 333 K 31.5 B 3.50% 1
Number of Holdings 106 6 1781 6.29% 1
Net Assets in Top 10 1.25 B -663 K 8.19 B 3.96% 1
Weighting of Top 10 22.0% 5.3% 88.0% 25.64% 4

Top 10 Holdings

  1. PepsiCo Inc 2.09%
  2. Visa Inc Class A 1.90%
  3. Danaher Corp 2.36%
  4. Pfizer Inc 2.72%
  5. UnitedHealth Group Inc 2.13%
  6. JPMorgan Chase & Co 1.94%
  7. General Electric Co 2.60%
  8. Microsoft Corp 2.24%
  9. Becton Dickinson & Co 1.97%
  10. Comcast Corp Class A 2.08%

Asset Allocation

Weighting Category Low Category High PRDGX % Rank Quintile
Stocks
93.35% 21.35% 100.28% 22.14% 4
Cash
6.65% -0.27% 50.52% 5.36% 1
Other
0.00% -6.84% 11.74% 12.82% 3
Convertible Bonds
0.00% 0.00% 8.06% 2.80% 2
Preferred Stocks
0.00% 0.00% 26.41% 4.66% 2
Bonds
0.00% 0.00% 70.27% 5.13% 2

Stock Sector Breakdown

Weighting Category Low Category High PRDGX % Rank Quintile
Healthcare
18.26% 0.00% 21.83% 3.50% 1
Industrials
15.47% 0.00% 30.17% 6.99% 1
Financial Services
14.88% 0.00% 29.08% 11.19% 2
Consumer Defense
11.40% 0.00% 27.69% 11.89% 2
Consumer Cyclical
9.85% 0.00% 36.79% 13.99% 2
Technology
7.09% 0.00% 27.82% 24.01% 4
Communication Services
4.80% 0.00% 39.83% 17.02% 3
Energy
4.30% 0.00% 31.60% 24.24% 4
Utilities
3.92% 0.00% 38.60% 16.55% 3
Basic Materials
2.48% 0.00% 11.25% 18.41% 3
Real Estate
0.89% 0.00% 20.11% 17.72% 3

Stock Geographic Breakdown

Weighting Category Low Category High PRDGX % Rank Quintile
US
89.77% 0.00% 99.70% 12.82% 2
Non US
3.58% 0.00% 99.57% 22.38% 4

PRDGX - Expenses

Operational Fees

PRDGX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 0.64% 0.09% 51.52% 42.42% 1
Management Fee 0.49% 0.08% 1.25% 7.93% 1
12b-1 Fee 0.00% 0.00% 1.00% 4.62% 1
Administrative Fee 0.15% 0.00% 0.85% 3.06% 4

Sales Fees

PRDGX Fees (% of AUM) Category Low Category High PRDGX Rank Quintile
Front Load N/A 0.00% 5.75% N/A N/A
Deferred Load N/A 1.00% 5.00% N/A N/A

Trading Fees

PRDGX Fees (% of AUM) Category Low Category High PRDGX Rank Quintile
Max Redemption Fee N/A 0.50% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PRDGX Fees (% of AUM) Category Low Category High PRDGX Rank Quintile
Turnover 24.60% 5.00% 398.80% 18.88% 1

PRDGX - Distributions

Dividend Yield Analysis

PRDGX Category Low Category High PRDGX % Rank Quintile
Dividend Yield 0.4% 0.00% 2.15% 19.51% 2

Dividend Distribution Analysis

PRDGX Category Low Category High Category Mode
Dividend Distribution Frequency Quarterly Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

PRDGX Category Low Category High PRDGX % Rank Quintile
Net Income Ratio 1.70% -1.26% 6.28% 36.60% 3

Capital Gain Distribution Analysis

PRDGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

PRDGX - Managers

Thomas J. Huber

Lead Manager

Start Date

Mar 31, 2000

Tenure

16.35

Tenure Rank

1.0%

Thomas J. Huber is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is the lead portfolio manager for the US Dividend Growth Strategy. Mr. Huber is a vice president of T. Rowe Price Group, Inc. Mr. Huber has 21 years of banking and investment experience, 20 of which have been with T. Rowe Price. Prior to assuming his portfolio management responsibilities, he was an equity analyst specializing in leisure, food and drug retail, and specialty retail. Mr. Huber was employed by Robert W. Baird as an assistant vice president managing IPO and merger and acquisition activity. Prior to this, he was a credit analyst and corporate banking relationship manager for NationsBank Corporation (now Bank of America). A graduate of the University of Virginia, Mr. Huber earned a B.S. in finance. He earned an M.S. in finance from the University of Wisconsin-Madison, School of Business in the applied security analysis and portfolio management program. He has also earned the Chartered Financial Analyst designation.


Tenure Analysis

Category Low

0.1

Category High

29.6

Category Average

5.44

Category Mode

1.6