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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$62.27

$5.24 B

0.00%

$0.00

0.61%

Vitals

YTD Return

11.5%

1 yr return

-4.1%

3 Yr Avg Return

-0.1%

5 Yr Avg Return

1.7%

Net Assets

$5.24 B

Holdings in Top 10

23.9%

52 WEEK LOW AND HIGH

$61.5
$51.52
$67.25

Expenses

OPERATING FEES

Expense Ratio 0.61%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 17.70%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

$62.27

$5.24 B

0.00%

$0.00

0.61%

PMEGX - Profile

Distributions

  • YTD Total Return 11.5%
  • 3 Yr Annualized Total Return -0.1%
  • 5 Yr Annualized Total Return 1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.15%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    T. Rowe Price Institutional Mid Cap Equity Growth Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Jul 31, 1996
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Brian Berghuis

Fund Description

The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in a diversified portfolio of common stocks of mid-cap companies whose earnings T. Rowe Price expects to grow at a faster rate than the average company.

The fund defines mid-cap companies as those whose market capitalization (number of shares outstanding multiplied by share price) falls within the range of either the S&P MidCap 400® Index or the Russell Midcap® Growth Index. As of December 31, 2021, the market

capitalization ranges for the S&P MidCap 400® Index and the Russell Midcap® Growth Index were approximately $1.74 billion to $33.68 billion, and $1.22 billion to $58.76 billion, respectively. The market capitalization of the companies in the fund’s portfolio and the S&P and Russell indices changes over time; the fund will not automatically sell or cease to purchase stock of a company it holds just because the company’s market capitalization grows or falls outside these index ranges.

As “growth” investors, the fund’s manager believes that when a company’s earnings grow faster than both inflation and the overall economy, the market will eventually reward it with a higher stock price.

In selecting investments, we generally favor companies with one or more of the following:

·proven products or services;

·a record of above-average earnings growth;

·demonstrated potential to sustain earnings growth;

·connection to an industry experiencing increasing demand; or

·stock prices that appear to undervalue their growth prospects.

The fund’s investments may include holdings in privately held companies and companies that only recently began to trade publicly.

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PMEGX - Performance

Return Ranking - Trailing

Period PMEGX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.5% -49.0% 41.6% 54.64%
1 Yr -4.1% -81.9% 2009.6% 12.29%
3 Yr -0.1%* -42.6% 172.8% 38.33%
5 Yr 1.7%* -29.2% 84.8% 38.14%
10 Yr 6.7%* -17.1% 15.5% 25.59%

* Annualized

Return Ranking - Calendar

Period PMEGX Return Category Return Low Category Return High Rank in Category (%)
2022 -24.4% -85.6% 21888.9% 17.21%
2021 1.0% -52.0% 800.0% 39.82%
2020 5.8% -100.0% 195.3% 73.57%
2019 6.1% -100.0% 9.5% 41.63%
2018 -2.4% -33.3% 36.8% 37.45%

Total Return Ranking - Trailing

Period PMEGX Return Category Return Low Category Return High Rank in Category (%)
YTD 11.5% -54.7% 41.6% 54.64%
1 Yr -4.1% -81.9% 2009.6% 12.88%
3 Yr -0.1%* -42.6% 172.8% 38.79%
5 Yr 1.7%* -28.4% 84.8% 42.52%
10 Yr 6.7%* -15.9% 16.5% 41.69%

* Annualized

Total Return Ranking - Calendar

Period PMEGX Return Category Return Low Category Return High Rank in Category (%)
2022 -24.4% -85.6% 21888.9% 17.21%
2021 1.0% -52.0% 800.0% 39.82%
2020 5.8% -100.0% 195.3% 73.57%
2019 6.1% -100.0% 9.5% 41.63%
2018 -2.4% -33.3% 36.8% 57.17%

NAV & Total Return History


PMEGX - Holdings

Concentration Analysis

PMEGX Category Low Category High PMEGX % Rank
Net Assets 5.24 B 710 K 85.5 B 19.30%
Number of Holdings 136 20 3702 15.33%
Net Assets in Top 10 1.45 B 152 K 10.9 B 19.17%
Weighting of Top 10 23.86% 5.5% 92.1% 68.67%

Top 10 Holdings

  1. Hologic Inc 3.14%
  2. Textron Inc 2.69%
  3. Microchip Technology Inc 2.60%
  4. Rivian Automotive Inc Class A 2.49%
  5. Catalent Inc 2.46%
  6. Ball Corp 2.46%
  7. Teleflex Inc 2.37%
  8. Iac Interactivecor 2.35%
  9. Marvell Technology Inc 2.26%
  10. Aggregate Miscellaneous Equity 2.22%

Asset Allocation

Weighting Return Low Return High PMEGX % Rank
Stocks
97.02% 23.99% 100.52% 66.50%
Cash
2.98% -0.52% 26.94% 31.67%
Preferred Stocks
0.00% 0.00% 2.30% 64.00%
Other
0.00% -2.66% 23.05% 64.83%
Convertible Bonds
0.00% 0.00% 0.40% 62.00%
Bonds
0.00% 0.00% 44.75% 62.67%

Stock Sector Breakdown

Weighting Return Low Return High PMEGX % Rank
Healthcare
25.20% 0.00% 43.77% 10.00%
Technology
23.89% 0.04% 62.17% 79.83%
Consumer Cyclical
18.41% 0.00% 57.41% 12.00%
Industrials
16.35% 0.00% 38.23% 33.33%
Financial Services
6.21% 0.00% 43.01% 52.83%
Consumer Defense
3.27% 0.00% 16.40% 28.17%
Basic Materials
3.14% 0.00% 17.25% 31.83%
Communication Services
2.62% 0.00% 18.33% 57.33%
Real Estate
0.91% 0.00% 19.28% 76.00%
Utilities
0.00% 0.00% 12.94% 71.00%
Energy
0.00% 0.00% 62.10% 84.33%

Stock Geographic Breakdown

Weighting Return Low Return High PMEGX % Rank
US
94.35% 23.38% 100.52% 46.00%
Non US
2.67% 0.00% 35.22% 56.33%

PMEGX - Expenses

Operational Fees

PMEGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.61% 0.02% 2.69% 89.04%
Management Fee 0.60% 0.00% 1.50% 22.52%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% 81.68%

Sales Fees

PMEGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

PMEGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

PMEGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 17.70% 0.00% 417.06% 16.41%

PMEGX - Distributions

Dividend Yield Analysis

PMEGX Category Low Category High PMEGX % Rank
Dividend Yield 0.00% 0.00% 2.55% 65.17%

Dividend Distribution Analysis

PMEGX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

PMEGX Category Low Category High PMEGX % Rank
Net Income Ratio -0.15% -2.24% 2.75% 17.96%

Capital Gain Distribution Analysis

PMEGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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PMEGX - Fund Manager Analysis

Managers

Brian Berghuis


Start Date

Tenure

Tenure Rank

Jul 31, 1996

25.85

25.9%

Brian W. H. Berghuis is a member of T. Rowe Price's U.S. Equity Steering Committee and the lead portfolio manager for the firm's U.S. Mid-Cap Growth Strategy. Mr. Berghuis has 25 years of investment experience, 23 of which have been at T. Rowe Price. He started at the firm in 1985 as an analyst following the retail sector. He initially became lead portfolio manager for the U.S. Mid-Cap Growth Strategy in 1992 and oversaw a significant expansion of the firm's capabilities in this strategy. In 2003, he was named to the U.S. Equity Steering Committee.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 36.3 9.19 2.25