T. Rowe Price Mid-Cap Value Fund Advisor Class (TAMVX) seeks long-term capital appreciation by investing primarily in mid-sized companies believed to be undervalued. The fund invests at least 80% of net assets in companies whose market capitalization falls within the range of companies in the S&P MidCap 400 Index.
This Mid Value product has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 9.5% and 5 year 13.8%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
TAMVX’s performance, as of the last filing, when compared to funds in its category was in the top 12% over the past 1 year, and in the top 18% over the past 3 years and in the top 6% over the past 5 years.
The T. Rowe Price Mid-Cap Value Fund Advisor Class, as of the last filing, allocates their fund in three major group; Large Value, Small Growth and Precious Metal. Further, as of the last filing, Textron Inc (NYSE:TXT), Hologic Inc and Firstenergy Corp were the top holdings for TAMVX.
This Zacks Rank #3 (Hold) was incepted in June 1996 and is managed by T. Rowe Price. TAMVX carries an expense ratio of 1.05% and requires a minimal initial investment of $2,500.
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Zacks Investment Research