T. Rowe Price Small-Cap Value Fund, Inc. Z Class is an actively managed mutual fund that focuses on achieving long-term capital growth. The fund primarily invests in U.S. companies with small market capitalizations that are considered undervalued by the fund’s management team. Its investment strategy requires that at least 80% of its assets are allocated to small-cap stocks that generally fall within or below the market cap range of the Russell 2000 Index. This disciplined value approach targets businesses with solid fundamentals, attractive valuations, and favorable prospects for capital appreciation. The fund typically holds a diversified portfolio across multiple sectors, helping to manage risk while aiming to capture growth opportunities unique to smaller, often overlooked companies. Managed by T. Rowe Price Associates, this fund plays a significant role for investors seeking exposure to the small-cap value segment of the U.S. equity market, making it a relevant choice for portfolios targeting diversification and long-term growth potential in the small-cap arena.