Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund
mutual fund
TQAIX
Payout Change
Pending
Price as of:
$44.27
+0.35
+0.8%
primary theme
U.S. Small-Cap Growth Equity
share class
TQAIX (Mutual Fund)
T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund
Payout Change
Pending
Price as of:
$44.27
+0.35
+0.8%
primary theme
U.S. Small-Cap Growth Equity
share class
TQAIX (Mutual Fund)
T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund
Payout Change
Pending
Price as of:
$44.27
+0.35
+0.8%
primary theme
U.S. Small-Cap Growth Equity
share class
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$44.27
$7.79 B
0.34%
$0.15
0.66%
Vitals
YTD Return
16.3%
1 yr return
15.0%
3 Yr Avg Return
3.1%
5 Yr Avg Return
8.3%
Net Assets
$7.79 B
Holdings in Top 10
10.8%
52 WEEK LOW AND HIGH
$43.9
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.66%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 28.30%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
$44.27
$7.79 B
0.34%
$0.15
0.66%
TQAIX - Profile
Distributions
- YTD Total Return 16.3%
- 3 Yr Annualized Total Return 3.1%
- 5 Yr Annualized Total Return 8.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.26%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameT. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund
-
Fund Family NameTROWEPRICE
-
Inception DateMar 23, 2016
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSudhir Nanda
Fund Description
The fund normally invests at least 80% of its net assets (including any borrowings for investment purposes) in equity securities issued by small-cap U.S. growth companies. The fund expects to invest predominantly in common stocks.
The fund defines small-cap growth companies as those whose market capitalization, at the time of purchase, falls within the range of companies in the MSCI US Small Cap Growth Index, an index designed to capture the securities of small-cap companies exhibiting overall growth style characteristics in the U.S. As of December 31, 2023, the market capitalization range for the MSCI US Small Cap Growth Index was approximately $24.54 million to $28.70 billion. The market capitalization of the companies in the index will change over time, but the index is reconstituted at least quarterly to ensure that larger stocks do not distort the performance and characteristics of the small-cap growth opportunity set. The fund will not sell a stock just because the company has grown to a market capitalization above the range.
The fund’s integrated approach to investing combines fundamental analysis and quantitative models to identify stocks that could be included in the portfolio. Stocks are selected based on a variety of metrics such as a company’s valuation, profitability, stability, earnings quality, management capital allocation actions, and indicators of near-term appreciation potential.
As part of the stock selection process, the adviser focuses primarily on companies that, in the adviser’s opinion, are capable of achieving and sustaining above-average, long-term earnings growth.
At times, the fund may have a significant portion of its assets invested in the same economic sector.
TQAIX - Performance
Return Ranking - Trailing
| Period | TQAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.3% | -9.7% | 70.5% | 45.93% |
| 1 Yr | 15.0% | -10.7% | 65.6% | 60.56% |
| 3 Yr | 3.1%* | -15.7% | 60.0% | 12.38% |
| 5 Yr | 8.3%* | -4.4% | 45.4% | 39.33% |
| 10 Yr | N/A* | 1.3% | 24.7% | 33.52% |
* Annualized
Return Ranking - Calendar
| Period | TQAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.2% | -20.5% | 54.6% | 32.90% |
| 2022 | -25.1% | -82.1% | 32.2% | 15.38% |
| 2021 | -2.7% | -90.6% | 300.1% | 38.11% |
| 2020 | 20.3% | -63.0% | 127.9% | 79.84% |
| 2019 | 27.6% | -7.7% | 42.9% | 25.55% |
Total Return Ranking - Trailing
| Period | TQAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 16.3% | -9.7% | 70.5% | 45.93% |
| 1 Yr | 15.0% | -10.7% | 65.6% | 60.56% |
| 3 Yr | 3.1%* | -15.7% | 60.0% | 12.38% |
| 5 Yr | 8.3%* | -4.4% | 45.4% | 39.33% |
| 10 Yr | N/A* | 1.3% | 24.7% | 31.69% |
* Annualized
Total Return Ranking - Calendar
| Period | TQAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.1% | -19.0% | 136.8% | 19.33% |
| 2022 | -22.3% | -59.9% | 44.3% | 16.51% |
| 2021 | 11.5% | -22.7% | 411.9% | 44.34% |
| 2020 | 24.0% | 1.5% | 150.8% | 90.22% |
| 2019 | 32.9% | 5.5% | 55.3% | 35.81% |
NAV & Total Return History
TQAIX - Holdings
Concentration Analysis
| TQAIX | Category Low | Category High | TQAIX % Rank | |
|---|---|---|---|---|
| Net Assets | 7.79 B | 209 K | 34.3 B | 3.52% |
| Number of Holdings | 326 | 7 | 1227 | 8.33% |
| Net Assets in Top 10 | 940 M | 53.8 K | 3.02 B | 10.93% |
| Weighting of Top 10 | 10.80% | 7.5% | 100.0% | 96.85% |
Top 10 Holdings
- T. Rowe Price Government Reserve Fund \u2013 Collateral 2.30%
- CURTISS-WRIGHT CORP 1.14%
- FTAI AVIATION LTD 0.99%
- WINGSTOP INC 0.97%
- ENSIGN GROUP INC/THE 0.97%
- MURPHY USA INC 0.96%
- SPROUTS FARMERS MARKET INC 0.95%
- INSMED INC 0.84%
- FABRINET 0.84%
- ENCOMPASS HEALTH CORP 0.83%
Asset Allocation
| Weighting | Return Low | Return High | TQAIX % Rank | |
|---|---|---|---|---|
| Stocks | 99.59% | 91.02% | 103.01% | 15.74% |
| Cash | 2.73% | 0.00% | 28.78% | 37.41% |
| Preferred Stocks | 0.00% | 0.00% | 4.59% | 54.07% |
| Other | 0.00% | -0.26% | 5.02% | 61.30% |
| Convertible Bonds | 0.00% | 0.00% | 1.57% | 49.63% |
| Bonds | 0.00% | 0.00% | 2.40% | 49.07% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | TQAIX % Rank | |
|---|---|---|---|---|
| Healthcare | 23.23% | 0.00% | 47.90% | 48.52% |
| Technology | 22.75% | 2.91% | 75.51% | 64.63% |
| Industrials | 16.32% | 0.00% | 36.64% | 61.67% |
| Consumer Cyclical | 15.52% | 0.00% | 24.04% | 21.48% |
| Basic Materials | 4.69% | 0.00% | 9.24% | 14.44% |
| Consumer Defense | 4.68% | 0.00% | 13.56% | 34.63% |
| Financial Services | 4.22% | 0.00% | 42.95% | 77.59% |
| Energy | 3.31% | 0.00% | 55.49% | 37.22% |
| Communication Services | 2.36% | 0.00% | 15.31% | 47.78% |
| Real Estate | 2.04% | 0.00% | 15.31% | 49.26% |
| Utilities | 0.89% | 0.00% | 5.57% | 17.22% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | TQAIX % Rank | |
|---|---|---|---|---|
| US | 99.59% | 17.30% | 103.01% | 13.33% |
| Non US | 0.00% | 0.00% | 77.12% | 58.70% |
TQAIX - Expenses
Operational Fees
| TQAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.66% | 0.05% | 23.20% | 94.99% |
| Management Fee | 0.64% | 0.05% | 1.62% | 16.14% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | 5.04% |
| Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
| TQAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| TQAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 73.33% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| TQAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 28.30% | 3.00% | 264.00% | 19.87% |
TQAIX - Distributions
Dividend Yield Analysis
| TQAIX | Category Low | Category High | TQAIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.34% | 0.00% | 6.91% | 56.48% |
Dividend Distribution Analysis
| TQAIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
| TQAIX | Category Low | Category High | TQAIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.26% | -2.47% | 1.10% | 15.92% |
Capital Gain Distribution Analysis
| TQAIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 16, 2024 | $0.151 | OrdinaryDividend |
| Dec 16, 2024 | $0.296 | CapitalGainShortTerm |
| Dec 16, 2024 | $3.037 | CapitalGainLongTerm |
| Dec 15, 2023 | $0.996 | CapitalGainLongTerm |
| Dec 15, 2022 | $1.291 | CapitalGainLongTerm |
| Dec 14, 2021 | $0.465 | CapitalGainShortTerm |
| Dec 14, 2021 | $6.010 | CapitalGainLongTerm |
| Dec 14, 2020 | $1.440 | OrdinaryDividend |
| Dec 13, 2019 | $0.005 | CapitalGainShortTerm |
| Dec 13, 2019 | $1.630 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.250 | CapitalGainShortTerm |
| Dec 13, 2018 | $1.210 | CapitalGainLongTerm |
| Dec 14, 2017 | $0.075 | CapitalGainShortTerm |
| Dec 14, 2016 | $0.007 | CapitalGainShortTerm |
TQAIX - Fund Manager Analysis
Managers
Sudhir Nanda
Start Date
Tenure
Tenure Rank
Oct 02, 2006
15.67
15.7%
Sudhir Nanda is a portfolio manager and the head of the Quantitative Equity Group for T. Rowe Price. He is president of the Investment Advisory Committees of the QM US Small-Cap Growth Equity, QM US Value Equity, QM US Small- and Mid-Cap Core Equity, and QM Global Equity Strategies. He is a vice president and member of the Investment Advisory Committees for the Capital Appreciation, Diversified Mid-Cap Growth, and Institutional Global Value Equity Strategies. In addition, he is a member of the U.S. Equity Steering Committee. Mr. Nanda is a vice president of T. Rowe Price Group, Inc.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.44 | 9.17 | 5.25 |
