About TRMNX
The T. Rowe Price Mid-Cap Index Fund is a mutual fund designed to closely track the performance of the Russell Select Midcap Index, which represents the U.S. equity market’s mid-cap segment. The fund primarily invests at least 80% of its net assets in stocks of mid-sized companies, offering diversified exposure to businesses that sit between large established firms and emerging small caps. With a focus on mid-cap growth, the portfolio spans multiple sectors, including technology, communication services, energy, healthcare, and financial services. Notable holdings include companies like Spotify Technology, Marvell Technology, and Snowflake Inc. The fund maintains a cost-effective structure, featuring an expense ratio lower than many peers, and aims to deliver returns in line with its benchmark through a replication strategy. This fund is commonly chosen by investors seeking balanced growth potential, diversification, and the opportunity to participate in the mid-cap segment’s dynamic role within the broader U.S. equity market.
Fund Family T. Rowe Price
Category Mid-Cap Growth
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol TRMNX
Index Index is not available on Lipper Database
TRMNX had a total return of 19.26% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.93%.
