About TRMIX
T. Rowe Price Mid-Cap Value Fund, Inc. I Class is a mutual fund designed to pursue long-term capital appreciation by focusing primarily on mid-sized U.S. companies that are considered undervalued relative to their intrinsic worth. The fund typically invests at least 80% of its net assets in companies whose market capitalizations align with the ranges defined by leading mid-cap indices, such as the Russell Midcap Index, MSCI USA Mid Cap Index, or MSCI World Mid Cap Index—generally encompassing companies valued between $1.8 billion and $79 billion as of the most recent index reconstitution. By employing a value-oriented strategy, the fund targets businesses with strong fundamentals, attractive valuations, and potential for future growth, yet whose shares are currently out of favor or overlooked by the broader market. The portfolio is diversified across sectors, including significant allocations in healthcare, technology, consumer defensive, and industrials, with a disciplined approach to risk management and turnover. Managed by T. Rowe Price’s experienced investment professionals, the fund plays a pivotal role for investors seeking to capture the growth and stability characteristic of mid-cap value equities within a diversified portfolio.
Fund Family T. Rowe Price
Category Mid-Cap Value
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol TRMIX
Share Class T. Rowe Price Mid-cap Value Fund-i Class
Index Russell MidCap Value TR
TRMIX had a total return of 24.47% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.64%.
