T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) seeks capital appreciation. PRDMX invests a bulk of its assets in a portfolio of common stocks of mid-cap companies that are included in the S&P MidCap 400 Index or the Russell Midcap Growth Index.
This Mid Growth 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 8.8% and 5 year 12.2%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here .
PRDMX’s performance, as of the last filing, when compared to funds in its category was in the top 48% over the past 1 year, and in the top 27% over the past 3 years and in the top 30% over the past 5 years.
The T. Rowe Price Diversified Mid Cap Growth Fund, as of the last filing, allocates its fund in top three markets: Large Growth, Small Growth and Large Value. Further, as of the last filing, Fiserv Inc (NASDAQ:FISV), Ross Stores Inc (NASDAQ:ROST) and Intuitive Surgical Inc (NASDAQ:ISRG) were the top holdings for PRDMX.
This Zacks Rank #2 (Buy) was incepted in January 2004 and is managed by T. Rowe Price. PRDMX carries an expense ratio of 0.87% and requires a minimal initial investment of $2,500.
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Zacks Investment Research