Credit: Shutterstock photoT. Rowe Price Mid-Cap Value ( TRMCX ) a Zacks Rank #1 (Strong Buy) seeks long-term capital appreciation by investing primarily in mid-sized companies believed to be undervalued. TRMCX invests at least 80% of net assets in companies whose market capitalization falls within the range of companies in the S&P MidCap 400 Index. TRMCX offers dividends and capital gains in December. TRMCX was incepted in June 1996 and is managed by T. Rowe Price Associates.
T. Rowe Price Mid-Cap Value, managed by T. Rowe Price , carries an expense ratio of 0.80%. Moreover, TRMCX requires a minimal initial investment of $2,500.
TRMCX's performance, as of the last filing, when compared to funds in its category was in the top 1% in 1 year, top 2% over the past 3 years, and in the 4% over the past 5 years.
This fund, as of the last filing, allocates their fund in four major groups; Large Value, Small Value, Intermediate Bond and Precious Metal. Further, as of the last filing, FirstEnergy, Vulcan Materials and Bunge were the top holdings for TRMCX.
TRMCX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3 and 5 year benchmarks; 1 year 18.49%, 3 year 10.60% and 5 year 15.60%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
