T. Rowe Price Dividend Growth Fund PRDGX

Morningstar Medalist Rating
  • NAV / 1-Day Return$92.78  /  +0.23%
  • Fund Size$22.0B
  • Adjusted Expense Ratio0.640%
  • Net Expense Ratio0.640%
  • Fee Level: DistributionBelow Average
  • Share Class TypeNo Load
  • Morningstar CategoryLarge Blend
  • Equity Style Box (Funds)Large Value
  • Minimum Initial Investment$2,500
  • Investment StatusOpen
  • TTM Yield0.83%
  • Turnover Ratio10%

Morningstar’s Analysis PRDGX

Will PRDGX outperform in the future?

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

Comanager Addition on T. Rowe Price Dividend Growth; Ratings Unchanged.

null Stephen Welch

Stephen Welch

Analyst Note

Associate manager David Rowlett will become a comanager of T. Rowe Price Dividend Growth alongside longtime lead manager Tom Huber on Sept. 30, 2026. Rowlett joined Huber at the beginning of the year as an associate manager. This is a sensible move for succession planning as Huber is late in his career. Rowlett continues to help with idea generation, financial analysis, and client responsibilities. He has worked at the firm for more than 17 years and currently manages T. Rowe Price US Impact Equity. Accordingly, the strategy’s High People rating and Morningstar Medalist Rating are unaffected.

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Portfolio Holdings PRDGX

  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings30.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Apple Inc

6.241B
Technology

Microsoft Corp

5.511B
Technology

JPMorgan Chase & Co

3.17706M
Financial Services

Visa Inc Class A

3.06681M
Financial Services

Broadcom Inc

2.98663M
Technology

ExxonMobil Holdings Corp

1.99443M
Energy

Eli Lilly and Co

1.94431M
Healthcare

Chubb Ltd

1.90424M
Financial Services

GE Aerospace

1.87417M
Industrials

Bank of America Corp

1.78397M
Financial Services

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