T. Rowe Price Total Equity Market Index provides diversified, low-turnover exposure to the broader U.S. stock market. Its razor-thin expense ratio provides a durable competitive advantage over its peers, earning a Morningstar Analyst Rating of Silver.
T. Rowe Price Total Equity Market Idx POMIX
NAV / 1-Day Return
47.64
/
0.53
%
Total Assets
2.4 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.
0.300%
Expense Ratio
0.300%
Fee Level
Low
Longest Manager Tenure
1.81
years
Category
Large Blend
Investment Style
Large BlendMin. Initial Investment
2,500
Status
Open
TTM Yield
1.04%
Turnover
10%
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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 POMIX 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 POMIX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the POMIX 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 POMIX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Diversified broad market exposure at an attractive price.
