T. Rowe Price Dividend Growth I
- PDGIX
- Price as of: Jan 22, 2021
-
$60.64
N/A N/A
- Primary Theme
- U.S. Large-Cap Blend Equity
- Fund Company
- T. Rowe Price
- Share Class
PDGIX - Snapshot
Vitals
- YTD Return 0.7%
- 3 Yr Annualized Return 14.0%
- 5 Yr Annualized Return 14.6%
- Net Assets $18 B
- Holdings in Top 10 28.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.50%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 7.10%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $1,000,000
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Large-Cap Blend Equity
- Fund Type Open End Mutual Fund
- Investment Style Large Blend
PDGIX - Profile
Distributions
- YTD Total Return 0.7%
- 3 Yr Annualized Total Return 14.0%
- 5 Yr Annualized Total Return 14.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.53%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameT. Rowe Price Dividend Growth Fund
-
Fund Family NameT. Rowe Price
-
Inception DateDec 17, 2015
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerThomas Huber
Fund Description
The fund normally invests at least 65% of its total assets in stocks, with an emphasis on that have a strong track record of paying dividends or that are expected to increase their dividends over time. T. Rowe Price believes that a track record of dividend increases can be an excellent indicator of financial health and growth prospects, and that over the long term, income can contribute significantly to total return.
PDGIX - Performance
Return Ranking - Trailing
| Period | PDGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.7% | -26.8% | 10.5% | 90.71% |
| 1 Yr | 14.1% | -15.8% | 53.4% | 65.08% |
| 3 Yr | 14.0%* | -14.5% | 20.6% | 25.06% |
| 5 Yr | 14.6%* | -3.2% | 20.9% | 31.06% |
| 10 Yr | 13.4%* | -0.4% | 15.3% | 25.75% |
* Annualized
Return Ranking - Calendar
| Period | PDGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 12.5% | -40.9% | 2181.7% | 40.73% |
| 2019 | 28.6% | -22.7% | 41.1% | 15.25% |
| 2018 | -4.4% | -100.0% | 17.1% | 3.83% |
| 2017 | 16.7% | -100.0% | 33.2% | 32.36% |
| 2016 | 8.2% | -44.8% | 25.0% | 38.52% |
Total Return Ranking - Trailing
| Period | PDGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 0.7% | -26.8% | 10.5% | 90.71% |
| 1 Yr | 14.1% | -15.8% | 53.4% | 59.03% |
| 3 Yr | 14.0%* | -14.5% | 20.6% | 23.33% |
| 5 Yr | 14.6%* | -3.2% | 20.9% | 28.47% |
| 10 Yr | 13.4%* | -0.4% | 15.3% | 24.34% |
* Annualized
Total Return Ranking - Calendar
| Period | PDGIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 12.5% | -40.9% | 2181.7% | 40.73% |
| 2019 | 28.6% | -21.6% | 41.1% | 15.25% |
| 2018 | -0.9% | -100.0% | 17.1% | 1.60% |
| 2017 | 19.5% | -100.0% | 33.2% | 50.04% |
| 2016 | 11.8% | -16.4% | 26.8% | 21.13% |
NAV & Total Return History
PDGIX - Holdings
Concentration Analysis
| PDGIX | Category Low | Category High | PDGIX % Rank | |
|---|---|---|---|---|
| Net Assets | 18 B | 25 | 1.08 T | 8.53% |
| Number of Holdings | 104 | 1 | 3634 | 51.44% |
| Net Assets in Top 10 | 5.1 B | -190 M | 240 B | 8.36% |
| Weighting of Top 10 | 28.41% | 2.2% | 100.0% | 62.22% |
Top 10 Holdings
- Microsoft Corp 5.25%
- Apple Inc 4.72%
- T. Rowe Price Gov. Reserve 3.23%
- Visa Inc Class A 2.94%
- JPMorgan Chase & Co 2.63%
- Danaher Corp 2.38%
- UnitedHealth Group Inc 2.05%
- Thermo Fisher Scientific Inc 1.89%
- Accenture PLC Class A 1.81%
- Becton, Dickinson and Co 1.64%
Asset Allocation
| Weighting | Return Low | Return High | PDGIX % Rank | |
|---|---|---|---|---|
| Stocks | 96.78% | 0.00% | 154.35% | 86.02% |
| Cash | 3.23% | -81.74% | 100.00% | 12.51% |
| Preferred Stocks | 0.00% | 0.00% | 13.76% | 29.77% |
| Other | 0.00% | -17.16% | 100.00% | 26.96% |
| Convertible Bonds | 0.00% | 0.00% | 11.85% | 24.08% |
| Bonds | 0.00% | 0.00% | 92.93% | 27.69% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PDGIX % Rank | |
|---|---|---|---|---|
| Technology | 19.80% | 0.00% | 50.13% | 73.68% |
| Healthcare | 17.11% | 0.00% | 52.58% | 12.65% |
| Financial Services | 16.28% | 0.00% | 47.23% | 22.60% |
| Industrials | 13.51% | 0.00% | 29.74% | 13.26% |
| Consumer Cyclical | 8.94% | 0.00% | 71.06% | 80.11% |
| Consumer Defense | 8.87% | 0.00% | 42.01% | 25.10% |
| Utilities | 4.60% | 0.00% | 16.01% | 8.66% |
| Communication Services | 3.46% | 0.00% | 31.39% | 93.10% |
| Basic Materials | 3.38% | 0.00% | 26.44% | 26.52% |
| Real Estate | 2.57% | 0.00% | 20.42% | 39.24% |
| Energy | 1.49% | 0.00% | 20.19% | 66.64% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PDGIX % Rank | |
|---|---|---|---|---|
| US | 91.33% | 0.00% | 152.83% | 77.12% |
| Non US | 5.45% | 0.00% | 61.48% | 23.75% |
PDGIX - Expenses
Operational Fees
| PDGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.50% | 0.01% | 20.53% | 76.09% |
| Management Fee | 0.49% | 0.00% | 2.00% | 43.90% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 10.69% |
| Administrative Fee | N/A | 0.00% | 0.95% | N/A |
Sales Fees
| PDGIX 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 | 0.95% | 5.00% | N/A |
Trading Fees
| PDGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.25% | 2.00% | N/A |
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.
| PDGIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 7.10% | 0.00% | 451.00% | 15.02% |
PDGIX - Distributions
Dividend Yield Analysis
| PDGIX | Category Low | Category High | PDGIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 14.59% | 30.35% |
Dividend Distribution Analysis
| PDGIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
| PDGIX | Category Low | Category High | PDGIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 1.53% | -3.04% | 16.95% | 29.52% |
Capital Gain Distribution Analysis
| PDGIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Semi-Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Mar 28, 2019 | $0.160 |
| Sep 27, 2018 | $0.280 |
| Jun 28, 2018 | $0.170 |
| Mar 28, 2018 | $0.130 |
| Sep 28, 2017 | $0.140 |
| Jun 29, 2017 | $0.160 |
| Mar 30, 2017 | $0.100 |
| Sep 29, 2016 | $0.140 |
| Jun 29, 2016 | $0.130 |
| Mar 30, 2016 | $0.100 |
PDGIX - Fund Manager Analysis
Managers
Thomas Huber
Start Date
Tenure
Tenure Rank
Mar 31, 2000
20.77
20.8%
Thomas J. Huber is a portfolio manager in the U.S. Equity Division of T. Rowe Price since 2000. Mr. Huber has been chairman of the committee since 2000. He joined the Firm in 1994. 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 | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 42.02 | 6.34 | 1.0 |