T. Rowe Price Institutional Mid-Cap Equity Growth’s longtime manager applies a potent approach, earning this closed fund a Morningstar Analyst Rating of Gold.
T. Rowe Price Instl Mid-Cap Equity Gr PMEGX
NAV / 1-Day Return
64.20
/
0.26
%
Total Assets
7.3 Bil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
0.610%
Expense Ratio
0.610%
Fee Level
Low
Longest Manager Tenure
24.04
years
Category
US Fund Mid-Cap Growth
Investment Style
Mid GrowthMin. Initial Investment
1,000,000
Status
Limited
TTM Yield
0.29%
Turnover
26%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PMEGX outperform in 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 PMEGX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PMEGX 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 PMEGX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A veteran manager has successfully navigated this strategy through multiple market environments.
