Morningstar

T. Rowe Price Tax-Efficient Equity Fund I Class TEEFX

Medalist Rating as of Aug 31, 2026 See T. Rowe Price Investment Hub

Strategy

The investment seeks to maximize after-tax growth of capital through investments primarily in common stocks. The fund seeks to buy and hold for the long-term stocks of attractively valued, high-quality growth companies. It typically uses a growth approach in selecting investments by looking for companies with one or more of the following characteristics: a demonstrated ability to consistently increase revenues, earnings, and cash flow; strong management; attractive business niches; and a sustainable competitive advantage. The fund is non-diversified.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PREFX	T. Rowe Price Tax-Efficient Equity Fund	No Load	Open			Dec 29, 2000	$462.37M	0.820%	Average	$2,500	−$24.89M
TEEFX	T. Rowe Price Tax-Efficient Equity Fund I Class	Institutional	Open			Jul 6, 2017	$1.07B	0.680%	Average	$500,000	$7.97M

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