About PDGIX
T. Rowe Price Dividend Growth Fund I Class is an institutional mutual fund focused on delivering both dividend income and long-term capital appreciation through investments in equities. Emphasizing companies with a demonstrated history of dividend payments and the potential for dividend growth, the fund invests at least 65% of its assets in common stocks of dividend-paying firms expected to raise their distributions over time. The portfolio primarily consists of large-cap equities spanning key sectors such as technology, financial services, healthcare, and industrials, with notable holdings including major players like Microsoft, Apple, and JPMorgan Chase. This fund is managed using proprietary in-house research to identify stocks featuring sustainable, above-average earnings and dividend growth, often acquiring them during periods of temporary undervaluation. With a relatively low expense ratio, a below-average distribution fee level, and a portfolio turnover that reflects its long-term investment horizon, T. Rowe Price Dividend Growth Fund I Class serves investors and institutions seeking a balanced approach to income generation and capital growth within the large blend equity category. The fund benchmarks its performance against the S&P 500 Index, highlighting its role as a core holding in diversified equity strategies.
Fund Family T. Rowe Price
Category Large Blend
Performance Rating Average
Risk Rating Low
Stock Exchange Nasdaq
Ticker Symbol PDGIX
Share Class T. Rowe Price Dividend Growth Fund-i Class
Index S&P 500 TR
PDGIX had a total return of 13.91% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.08%.
