About RPTTX
T. Rowe Price Diversified Mid-Cap Growth Fund, Inc. I Class is a mutual fund focused on achieving long-term capital growth by investing predominantly in a diversified portfolio of mid-cap growth companies. The fund targets firms whose market capitalizations fall within the ranges of established mid-cap indices, specifically the S&P MidCap 400 Index and the Russell Midcap Growth Index. These companies are typically characterized by growth rates in earnings, sales, and cash flow that outpace the broader market, making the fund a representative of the mid-cap growth category.
Emphasizing diversification, the portfolio typically holds a significant number of positions across various sectors, with notable allocations to technology, healthcare, industrials, and consumer cyclical industries. The fund is managed with a disciplined investment process and a competitive expense ratio, which is among the lowest in its peer group. As an institutional share class, it generally requires a substantial minimum investment, catering to larger investors seeking mid-cap exposure. Over time, the fund has demonstrated the ability to outperform category averages, reinforcing its significance as a vehicle for accessing the potential growth and innovation inherent in the U.S. mid-cap segment.
Fund Family T. Rowe Price
Category Mid-Cap Growth
Performance Rating Above Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol RPTTX
Share Class T. Rowe Price Diversified Mid-cap Growth Fund- I Class
Index Russell MidCap Growth TR
RPTTX had a total return of -1.99% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.85%.
