T. Rowe Price Mid-Cap Value Z (TRTZX)
| Fund Assets | 15.07B |
| Expense Ratio | 0.05% |
| Min. Investment | $2,500 |
| Turnover | 52.90% |
| Dividend (ttm) | 4.79 |
| Dividend Yield | 14.47% |
| Dividend Growth | 81.33% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 12, 2024 |
| Previous Close | 33.10 |
| YTD Return | 4.19% |
| 1-Year Return | 3.99% |
| 5-Year Return | 96.71% |
| 52-Week Low | 26.76 |
| 52-Week High | 39.08 |
| Beta (5Y) | n/a |
| Holdings | 110 |
| Inception Date | Mar 16, 2020 |
About TRTZX
T. Rowe Price Mid-Cap Value Fund Z Class is an institutional mutual fund that seeks long-term capital appreciation by primarily investing in mid-sized U.S. companies considered undervalued relative to their intrinsic worth. The fund typically allocates at least 80% of its assets to such mid-cap equities, with selections guided by extensive fundamental research and a value-oriented investment process. Its diversified portfolio spans multiple sectors, including technology, healthcare, consumer defensive, utilities, and industrials, reflecting a balance of economic exposures and aiming to capitalize on companies poised for recovery or transformation. Managed by T. Rowe Price Associates, the fund benefits from the firm’s experienced investment team and research-driven approach. It is notable for its low expense ratio, placing it among the most cost-efficient options in its category, and its management structure caters to institutional clients and advisory accounts. The Z Class shares provide an accessible entry with no minimum investment, appealing to a broad spectrum of professional investors. Overall, the fund plays a significant role in diversified portfolios seeking exposure to mid-cap value opportunities within the U.S. equity market.
Performance
TRTZX had a total return of 3.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 21.18%.
Top 10 Holdings
16.18% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Government Reserve Fund | TRPGRIA | 1.73% |
| RenaissanceRe Holdings Ltd. | RNR | 1.71% |
| Zimmer Biomet Holdings, Inc. | ZBH | 1.70% |
| Corning Incorporated | GLW | 1.69% |
| T. Rowe Price Government Reserve Fund - Collateral | n/a | 1.66% |
| APi Group Corporation | APG | 1.63% |
| Baxter International Inc. | BAX | 1.58% |
| Keysight Technologies, Inc. | KEYS | 1.50% |
| Kenvue Inc. | KVUE | 1.49% |
| Sun Communities, Inc. | SUI | 1.49% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 12, 2024 | $4.7884 | Dec 13, 2024 |
| Dec 13, 2023 | $2.6407 | Dec 14, 2023 |
| Dec 13, 2022 | $4.2191 | Dec 14, 2022 |
| Dec 14, 2021 | $3.350 | Dec 15, 2021 |
| Dec 14, 2020 | $1.310 | Dec 15, 2020 |