Morningstar

T. Rowe Price Hedged Equity Fund PHEFX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 13.88  /  +0.29 %
  • Total Assets 4.1B
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level Low
  • Share Class Type No Load
  • Category Equity Hedged
  • Investment Style Large Blend
  • Min. Initial Investment 2,500
  • Status Open
  • TTM Yield 0.78%
  • Turnover 55%

USD | NAV as of Jul 16, 2026 | 1-Day Return as of Jul 16, 2026, 12:11 AM GMT+0

Morningstar’s Analysis PHEFX

Will PHEFX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PHEFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PHEFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PHEFX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Dynamic.

Analyst Drew Carter

Drew Carter

Analyst

Summary

T. Rowe Price Hedged Equity’s well-resourced team and multipronged approach to managing volatility help it stand out in the equity-hedged Morningstar Category. This strategy includes a mutual fund and an active exchange-traded fund.

by Drew Carter
Rated on Published on

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Portfolio Holdings PHEFX

More PHEFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
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