The T. Rowe Price Equity Income strategy, which includes vehicles under other labels run in parallel, as well as an exchange-traded fund and separately managed accounts, remains a decent option for yield-oriented large-value investors. However, lower conviction in its undifferentiated approach leads to a Process downgrade to Average from Above Average.
T. Rowe Price Equity Income ETF TEQI
Morningstar’s Analysis TEQI
Will TEQI outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 29.2
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Microsoft Corp | 6.37 | 30M | Technology |
Amazon.com Inc | 5.92 | 28M | Consumer Cyclical |
Apple Inc | 4.35 | 21M | Technology |
MetLife Inc | 2.21 | 10M | Financial Services |
Charles Schwab Corp | 1.81 | 9M | Financial Services |
JPMorgan Chase & Co | 1.79 | 8M | Financial Services |
TotalEnergies SE | 1.78 | 8M | Energy |
Southern Co | 1.72 | 8M | Utilities |
ConocoPhillips | 1.62 | 8M | Energy |
Citigroup Inc | 1.61 | 8M | Financial Services |