T. Rowe Price Institutional Large Cap Growth ( TRLGX ) a Zacks Ranked #1 (Strong Buy) was incepted in October 2001. TRLGX seeks to provide long-term capital appreciation through investments in common stocks of growth companies. TRLGX normally invests at least 80% of net assets in the common stocks of large companies. A large company is defined as one whose market cap is larger than the median market cap of companies in the Russell 1000 Growth Index, a widely used benchmark of the largest domestic growth stocks. TRLGX managers generally look for companies with an above-average rate of earnings and cash flow growth and a lucrative niche in the economy that gives them the ability to sustain earnings momentum even during times of slow economic growth.
This Large Growth fund, as of the last filing, allocates their fund in three major groups; Large Growth, Foreign Bond, High Yield Bond and Small Growth. Further, as of the last filing, Amazon.com, Inc, Visa Inc and The Priceline Group Inc were the top holdings for TRLGX.
T. Rowe Price Institutional Large Cap Growth, managed by T. Rowe Price , carries an expense ratio of 0.56%. Moreover, TRLGX requires a minimal initial investment of $1,000,000.
TRLGX has a history of positive total returns for over 10 years. Specifically, the fund's returns over the 1, 3, 5 year benchmarks; 1 year 10.08%, 3 year 20.01% and 5 year 14.91%. To see how this fund performed compared in its category, please click here .
TRLGX's performance, as of the last filing, when compared to funds in its category was in the top 2% in 1 year, top 1% over the past 3 years, and in the 1% over the past 5 years.
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