T. Rowe Price Equity Index 500 Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
6.6%
1 yr return
26.6%
3 Yr Avg Return
8.4%
5 Yr Avg Return
13.3%
Net Assets
$28.5 B
Holdings in Top 10
30.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.08%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 3.10%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PRUIX - Profile
Distributions
- YTD Total Return 6.6%
- 3 Yr Annualized Total Return 8.4%
- 5 Yr Annualized Total Return 13.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.31%
- Dividend Yield 1.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameT. Rowe Price Equity Index 500 Fund
-
Fund Family NameTROWEPRICE
-
Inception DateAug 28, 2015
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerNeil Smith
Fund Description
Under normal conditions, the fund invests at least 80% of its net assets (including any borrowings for investment purposes) in stocks that are included in its benchmark index. The fund uses a full replication strategy, which involves investing substantially all of its assets in all of the stocks in the index in proportion to each stock’s weighting in the index. T. Rowe Price compares the composition of the fund to that of the index. If a material misweighting develops, the portfolio manager seeks to rebalance the portfolio in an effort to realign it with its index.
The fund attempts to track the investment return of large-cap U.S. stocks by seeking to track, before fees and expenses, the performance of its benchmark index, the S&P 500 Index (Index). The Index is made up of primarily large-cap companies that represent a broad spectrum of the U.S. economy and a substantial part of the U.S. stock market’s total capitalization. (Market capitalization is the number of a company’s outstanding shares multiplied by the market price per share.)
Using a committee process, S&P Dow Jones Indices LLC (“SPDJI”) constructs the Index by applying certain eligibility factors to common stocks of U.S. companies. Eligibility factors include, but are not limited to, domicile, exchange listing, organizational structure and share type, market capitalization, liquidity, ownership (investable weight factor), sector representation, and financial viability. Index constituents are weighted by float-adjusted market capitalization.
Because the fund typically holds securities in proportion to their weight in the Index, the fund intends to be diversified in approximately the same proportion as the Index is diversified. The
fund may become nondiversified, as defined under the Investment Company Act of 1940, solely as a result of changes in the composition of the Index.
While most assets are invested in common stocks, the fund may also purchase stock index futures contracts. These investments would typically be used to help realign the fund’s portfolio with its benchmark index, facilitate trading, gain broad market or sector exposure, or to reduce cash balances in the fund and increase the level of fund assets exposed to common stocks represented in the fund’s benchmark index.
PRUIX - Performance
Return Ranking - Trailing
Period | PRUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.6% | -2.6% | 11.5% | 55.35% |
1 Yr | 26.6% | -0.6% | 47.0% | 33.25% |
3 Yr | 8.4%* | -13.0% | 13.9% | 25.96% |
5 Yr | 13.3%* | -9.6% | 105.8% | 22.27% |
10 Yr | N/A* | -0.3% | 20.4% | 13.95% |
* Annualized
Return Ranking - Calendar
Period | PRUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 24.3% | -42.6% | 47.4% | 15.77% |
2022 | -19.5% | -56.3% | -4.2% | 28.39% |
2021 | 26.4% | -27.2% | 53.7% | 6.97% |
2020 | 15.5% | -36.2% | 2181.7% | 31.12% |
2019 | 28.5% | -22.7% | 40.4% | 17.34% |
Total Return Ranking - Trailing
Period | PRUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.6% | -2.6% | 11.5% | 55.35% |
1 Yr | 26.6% | -0.6% | 47.0% | 33.25% |
3 Yr | 8.4%* | -13.0% | 13.9% | 25.96% |
5 Yr | 13.3%* | -9.6% | 105.8% | 22.27% |
10 Yr | N/A* | -0.3% | 20.4% | 13.19% |
* Annualized
Total Return Ranking - Calendar
Period | PRUIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 26.2% | -5.0% | 47.4% | 24.98% |
2022 | -18.1% | -36.8% | -2.2% | 49.60% |
2021 | 28.6% | 3.0% | 124.3% | 23.71% |
2020 | 18.3% | -15.8% | 2266.0% | 37.43% |
2019 | 31.4% | -0.4% | 241.3% | 26.01% |
NAV & Total Return History
PRUIX - Holdings
Concentration Analysis
PRUIX | Category Low | Category High | PRUIX % Rank | |
---|---|---|---|---|
Net Assets | 28.5 B | 2.34 M | 1.55 T | 8.87% |
Number of Holdings | 510 | 2 | 4048 | 12.22% |
Net Assets in Top 10 | 8.74 B | 885 K | 387 B | 9.66% |
Weighting of Top 10 | 30.68% | 0.3% | 112.0% | 68.56% |
Top 10 Holdings
- APPLE INC 6.99%
- MICROSOFT CORP 6.94%
- AMAZON.COM INC 3.43%
- NVIDIA CORP 3.04%
- ALPHABET INC 2.05%
- META PLATFORMS INC 1.95%
- ALPHABET INC 1.74%
- TESLA INC 1.71%
- BERKSHIRE HATHAWAY INC 1.61%
- JPMORGAN CHASE CO 1.22%
Asset Allocation
Weighting | Return Low | Return High | PRUIX % Rank | |
---|---|---|---|---|
Stocks | 99.46% | 0.00% | 124.03% | 28.35% |
Cash | 0.73% | 0.00% | 99.06% | 61.18% |
Bonds | 0.03% | -0.37% | 93.78% | 7.91% |
Other | 0.01% | -13.91% | 100.00% | 33.55% |
Preferred Stocks | 0.00% | 0.00% | 2.38% | 70.93% |
Convertible Bonds | 0.00% | 0.00% | 5.54% | 69.71% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PRUIX % Rank | |
---|---|---|---|---|
Technology | 25.58% | 0.00% | 48.94% | 28.37% |
Healthcare | 13.69% | 0.00% | 60.70% | 72.76% |
Financial Services | 13.24% | 0.00% | 55.59% | 58.29% |
Consumer Cyclical | 11.84% | 0.00% | 30.33% | 22.52% |
Communication Services | 9.36% | 0.00% | 27.94% | 26.67% |
Industrials | 8.15% | 0.00% | 29.90% | 76.99% |
Consumer Defense | 6.51% | 0.00% | 47.71% | 61.38% |
Energy | 3.87% | 0.00% | 41.64% | 59.27% |
Utilities | 2.73% | 0.00% | 20.91% | 49.27% |
Real Estate | 2.71% | 0.00% | 31.91% | 54.39% |
Basic Materials | 2.32% | 0.00% | 25.70% | 66.75% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PRUIX % Rank | |
---|---|---|---|---|
US | 99.46% | 0.00% | 124.03% | 23.00% |
Non US | 0.00% | 0.00% | 62.81% | 73.72% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PRUIX % Rank | |
---|---|---|---|---|
Cash & Equivalents | 0.73% | 0.00% | 100.00% | 53.28% |
Derivative | 0.01% | -3.07% | 21.76% | 24.00% |
Securitized | 0.00% | 0.00% | 52.16% | 68.68% |
Corporate | 0.00% | 0.00% | 100.00% | 72.78% |
Municipal | 0.00% | 0.00% | 2.10% | 68.26% |
Government | 0.00% | 0.00% | 100.00% | 69.35% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PRUIX % Rank | |
---|---|---|---|---|
US | 0.03% | -0.37% | 93.78% | 7.91% |
Non US | 0.00% | 0.00% | 10.46% | 68.29% |
PRUIX - Expenses
Operational Fees
PRUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.08% | 0.01% | 19.75% | 95.66% |
Management Fee | 0.05% | 0.00% | 1.90% | 7.30% |
12b-1 Fee | N/A | 0.00% | 1.00% | 22.40% |
Administrative Fee | N/A | 0.00% | 0.85% | N/A |
Sales Fees
PRUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PRUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 2.00% | 95.38% |
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.
PRUIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 3.10% | 0.00% | 496.00% | 5.28% |
PRUIX - Distributions
Dividend Yield Analysis
PRUIX | Category Low | Category High | PRUIX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.35% | 0.00% | 25.93% | 46.44% |
Dividend Distribution Analysis
PRUIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annual |
Net Income Ratio Analysis
PRUIX | Category Low | Category High | PRUIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.31% | -54.00% | 6.06% | 14.11% |
Capital Gain Distribution Analysis
PRUIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 27, 2024 | $0.444 | OrdinaryDividend |
Dec 14, 2023 | $0.503 | OrdinaryDividend |
Sep 28, 2023 | $0.432 | OrdinaryDividend |
Jun 29, 2023 | $0.448 | OrdinaryDividend |
Mar 30, 2023 | $0.423 | OrdinaryDividend |
Dec 14, 2022 | $0.448 | OrdinaryDividend |
Sep 29, 2022 | $0.428 | OrdinaryDividend |
Jun 29, 2022 | $0.450 | OrdinaryDividend |
Mar 30, 2022 | $0.380 | OrdinaryDividend |
Sep 29, 2021 | $0.390 | OrdinaryDividend |
Jun 29, 2021 | $0.380 | OrdinaryDividend |
Mar 30, 2021 | $0.330 | OrdinaryDividend |
Sep 29, 2020 | $0.400 | OrdinaryDividend |
Jun 29, 2020 | $0.400 | OrdinaryDividend |
Mar 30, 2020 | $0.350 | OrdinaryDividend |
Sep 27, 2019 | $0.380 | OrdinaryDividend |
Jun 27, 2019 | $0.380 | OrdinaryDividend |
Mar 28, 2019 | $0.420 | OrdinaryDividend |
Sep 27, 2018 | $0.370 | OrdinaryDividend |
Jun 28, 2018 | $0.340 | OrdinaryDividend |
Mar 28, 2018 | $0.300 | OrdinaryDividend |
Sep 28, 2017 | $0.350 | OrdinaryDividend |
Jun 29, 2017 | $0.330 | OrdinaryDividend |
Mar 30, 2017 | $0.250 | OrdinaryDividend |
Sep 29, 2016 | $0.290 | OrdinaryDividend |
Jun 29, 2016 | $0.280 | OrdinaryDividend |
Mar 30, 2016 | $0.260 | OrdinaryDividend |
Dec 14, 2015 | $0.310 | OrdinaryDividend |
Sep 29, 2015 | $0.290 | OrdinaryDividend |
PRUIX - Fund Manager Analysis
Managers
Neil Smith
Start Date
Tenure
Tenure Rank
Jan 01, 2022
0.41
0.4%
Mr. Smith is a committee chairman at T. Rowe Price. He joined T. Rowe Price in 1994 and has been managing investments since that time. His investment experience dates from 1994. He has served as a portfolio manager with the Firm throughout the past five years.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 39.02 | 7.27 | 2.42 |