About POMIX
T. Rowe Price Total Equity Market Index Fund is an open-ended mutual fund that seeks to closely track the performance of the entire U.S. stock market. The fund achieves this objective by investing at least 80% of its net assets in stocks included in its benchmark, the S&P Total Market Index, which represents a broad spectrum of U.S. equities, encompassing large-, mid-, small-, and micro-cap companies across diverse sectors. This structure provides investors with a highly diversified exposure to the U.S. equity market, reflecting its overall performance and composition.
Designed as a passively managed fund, it does not attempt to selectively reallocate assets based on market outlook or short-term conditions, resulting in relatively low operating expenses compared to actively managed funds. The fund’s holdings are heavily weighted toward leading technology and consumer companies, such as Apple, Microsoft, and Amazon, among others, which collectively make up a significant portion of the portfolio. Since its inception in 1998, the fund has offered a convenient and cost-efficient vehicle for investors seeking comprehensive, market-wide equity exposure and long-term capital appreciation potential.
Fund Family T. Rowe Price
Category Large Blend
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol POMIX
Index S&P Total Market TR
POMIX had a total return of 21.01% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.75%.
