Morningstar

T. Rowe Price Equity Income Fund I Class REIPX

Morningstar Medalist Rating
Medalist Rating as of | See T. Rowe Price Investment Hub
  • NAV / 1-Day Return 44.03  /  +0.53 %
  • Total Assets 17.5B
  • Adj. Expense Ratio
    0.560%
  • Expense Ratio 0.560%
  • Distribution Fee Level Below Average
  • Share Class Type Institutional
  • Category Large Value
  • Investment Style Large Value
  • Min. Initial Investment 500,000
  • Status Open
  • TTM Yield 1.48%
  • Turnover 18%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:11 AM GMT+0

Morningstar’s Analysis REIPX

Will REIPX 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 REIPX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the REIPX 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 REIPX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Downgraded, but still a decent option for equity income.

Analyst Drew Carter

Drew Carter

Analyst

Summary

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.

by Drew Carter
Rated on Published on

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Portfolio Holdings REIPX

More REIPX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 29.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

6.29 1B
Technology

Amazon.com Inc

5.86 1B
Consumer Cyclical

Apple Inc

4.29 778M
Technology

MetLife Inc

2.19 398M
Financial Services

Charles Schwab Corp

1.82 330M
Financial Services

JPMorgan Chase & Co

1.79 325M
Financial Services

TotalEnergies SE

1.78 322M
Energy

Southern Co

1.73 314M
Utilities

ConocoPhillips

1.64 297M
Energy

Citigroup Inc

1.60 290M
Financial Services

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