T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX)
| Fund Assets | 4.43B |
| Expense Ratio | 0.84% |
| Min. Investment | $500,000 |
| Turnover | 46.80% |
| Dividend (ttm) | 3.62 |
| Dividend Yield | 7.81% |
| Dividend Growth | -7.58% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 15, 2025 |
| Previous Close | 45.79 |
| YTD Return | -0.83% |
| 1-Year Return | 0.87% |
| 5-Year Return | 15.98% |
| 52-Week Low | 35.03 |
| 52-Week High | 49.34 |
| Beta (5Y) | 1.11 |
| Holdings | 262 |
| Inception Date | Dec 31, 2003 |
About PRDMX
The T. Rowe Price Diversified Mid-Cap Growth Fund is a mutual fund designed to pursue long-term capital appreciation by investing primarily in the common stocks of mid-cap growth companies. As an actively managed portfolio, the fund targets businesses that T. Rowe Price expects to deliver earnings and revenue growth above the market average, with a focus on those demonstrating strong fundamentals and sustainable competitive advantages. The strategy emphasizes diversification across sectors, with significant holdings in technology, healthcare, industrials, and financial services, reflecting a broad market approach within the mid-cap universe. Key features include a competitive expense structure, below-average distribution fees, and a disciplined investment process overseen by an experienced management team. The fund’s benchmark is the Russell Midcap Growth Index, providing investors with a performance comparison tailored to its growth-oriented mandate. By concentrating on the dynamic segment of mid-cap companies, the T. Rowe Price Diversified Mid-Cap Growth Fund plays a critical role in portfolios seeking exposure to the growth potential and unique risk-return characteristics associated with this market segment, offering a balance between innovation and stability in a diversified equity strategy.
Performance
PRDMX had a total return of 0.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.76%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| RPTTX | T. Rowe Price Diversified Mid-cap Growth Fund- I Class | 0.67% |
Top 10 Holdings
21.03% of assets| Name | Symbol | Weight |
|---|---|---|
| Howmet Aerospace Inc. | HWM | 2.96% |
| Royal Caribbean Cruises Ltd. | RCL | 2.53% |
| Cencora, Inc. | COR | 2.23% |
| Hilton Worldwide Holdings Inc. | HLT | 2.00% |
| Cloudflare, Inc. | NET | 1.99% |
| IDEXX Laboratories, Inc. | IDXX | 1.93% |
| Carvana Co. | CVNA | 1.91% |
| Vistra Corp. | VST | 1.87% |
| Vertiv Holdings Co | VRT | 1.87% |
| Alnylam Pharmaceuticals, Inc. | ALNY | 1.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 15, 2025 | $3.6204 | Dec 16, 2025 |
| Dec 16, 2024 | $3.9173 | Dec 17, 2024 |
| Dec 15, 2023 | $2.7226 | Dec 18, 2023 |
| Dec 15, 2022 | $0.4317 | Dec 16, 2022 |
| Dec 14, 2020 | $2.210 | Dec 15, 2020 |
| Dec 13, 2019 | $0.740 | Dec 16, 2019 |