T. Rowe Price Equity Income Fund (REIPX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
37.23
-0.08 (-0.21%)
Aug 21, 2025, 4:00 PM EDT
-0.21%
Fund Assets15.87B
Expense Ratio0.56%
Min. Investment$500,000
Turnover21.40%
Dividend (ttm)3.06
Dividend Yield8.21%
Dividend Growth43.26%
Payout FrequencyQuarterly
Ex-Dividend DateJun 26, 2025
Previous Close37.31
YTD Return8.63%
1-Year Return8.80%
5-Year Return91.53%
52-Week Low31.59
52-Week High39.65
Beta (5Y)n/a
Holdings123
Inception DateDec 17, 2015

About REIPX

T. Rowe Price Equity Income Fund I Class is a mutual fund focused on generating a high level of dividend income alongside long-term capital growth. The fund is managed with a value-oriented investment strategy, prioritizing investments in stocks that offer above-average dividend yields—a key component of total return. It invests primarily in large-cap U.S. companies, diversifying its holdings across sectors such as financial services, utilities, healthcare, technology, and consumer defensive. This broad sector diversification helps mitigate volatility within the portfolio. The fund’s approach is grounded in thorough bottom-up fundamental research to identify undervalued companies with strong income potential. With total assets exceeding $16 billion, the fund plays a significant role in the large value segment of the equity market, catering to institutional investors seeking income and conservative growth. Managed by T. Rowe Price Associates, the fund's disciplined strategy aims to provide stability and steady income, appealing to investors who prioritize dividends and long-term capital appreciation within a diversified equity portfolio.

Fund Family T. Rowe Price
Category Large Value
Stock Exchange NASDAQ
Ticker Symbol REIPX
Share Class -i Class
Index Russell 1000 Value TR

Performance

REIPX had a total return of 8.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.20%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
TRZQX-z Classn/a
PAFDX-advisor Class0.98%
RRFDX-r Class1.25%

Top 10 Holdings

18.79% of assets
NameSymbolWeight
MetLife, Inc.MET2.14%
The Southern CompanySO2.03%
QUALCOMM IncorporatedQCOM1.97%
The Charles Schwab CorporationSCHW1.89%
JPMorgan Chase & Co.JPM1.87%
Wells Fargo & CompanyWFC1.83%
Citigroup Inc.C1.81%
Elevance Health, Inc.ELV1.80%
L3Harris Technologies, Inc.LHX1.77%
Kimberly-Clark CorporationKMB1.70%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 26, 2025$0.1993Jun 27, 2025
Mar 27, 2025$0.1154Mar 28, 2025
Dec 12, 2024$2.5699Dec 13, 2024
Sep 26, 2024$0.1795Sep 27, 2024
Jun 26, 2024$0.2354Jun 27, 2024
Mar 26, 2024$0.1451Mar 27, 2024
Full Dividend History