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T. Rowe Price Integrated U.S. Small-Mid Cap Core Equity Fund
mutual fund
TQSAX
Payout Change
Pending
Price as of:
$22.91
+0.15
+0.66%
primary theme
U.S. Mid-Cap Blend Equity
share class
TQSAX (Mutual Fund)
T. Rowe Price Integrated U.S. Small-Mid Cap Core Equity Fund
Payout Change
Pending
Price as of:
$22.91
+0.15
+0.66%
primary theme
U.S. Mid-Cap Blend Equity
share class
TQSAX (Mutual Fund)
T. Rowe Price Integrated U.S. Small-Mid Cap Core Equity Fund
Payout Change
Pending
Price as of:
$22.91
+0.15
+0.66%
primary theme
U.S. Mid-Cap Blend 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
$22.91
$457 M
0.38%
$0.09
1.40%
Vitals
YTD Return
17.9%
1 yr return
17.6%
3 Yr Avg Return
7.8%
5 Yr Avg Return
10.8%
Net Assets
$457 M
Holdings in Top 10
9.0%
52 WEEK LOW AND HIGH
$22.8
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.40%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 14.50%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
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
$22.91
$457 M
0.38%
$0.09
1.40%
TQSAX - Profile
Distributions
- YTD Total Return 17.9%
- 3 Yr Annualized Total Return 7.8%
- 5 Yr Annualized Total Return 10.8%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.14%
- Dividend Yield 0.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameT. Rowe Price Integrated U.S. Small-Mid Cap Core Equity Fund
-
Fund Family NameTROWEPRICE
-
Inception DateFeb 26, 2016
-
Shares OutstandingN/A
-
Share ClassAdv
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerPrashant Jeyaganesh
Fund Description
Under normal conditions, the fund invests at least 80% of its net assets (including any borrowings for investment purposes) in equity securities issued by small- and mid-cap U.S. companies. The fund expects to invest predominantly in common stocks.
The fund defines small- and mid-cap securities as those whose market capitalization, at the time of purchase, falls within the market capitalization range of the Russell 2500® Index. The Russell 2500® Index measures the performance of the small- to mid-cap segment of the U.S. equity universe by including approximately 2,500 of the smallest U.S. securities based on a combination of their market capitalization and index membership. As of December 31, 2023,
the market capitalization range for the Russell 2500® Index was approximately $19.68 million to $22.25 billion. The market capitalization of the companies in the index will change over time, but the index is reconstituted at least annually to ensure that large-cap stocks do not distort the performance and characteristics of the small- to mid-cap 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.
At times, the fund may have a significant portion of its assets invested in the same economic sector.
While most assets will typically be invested in U.S. equity securities, the fund may invest up to 20% of its total assets in foreign securities, including securities of emerging market issuers.
TQSAX - Performance
Return Ranking - Trailing
| Period | TQSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.9% | -5.3% | 38.6% | 23.80% |
| 1 Yr | 17.6% | -6.6% | 37.7% | 26.35% |
| 3 Yr | 7.8%* | -17.9% | 23.9% | 11.78% |
| 5 Yr | 10.8%* | -1.4% | 24.0% | 22.77% |
| 10 Yr | N/A* | 2.1% | 13.0% | N/A |
* Annualized
Return Ranking - Calendar
| Period | TQSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 17.5% | -12.9% | 28.8% | 13.03% |
| 2022 | -18.1% | -52.6% | 20.1% | 41.71% |
| 2021 | 20.2% | -43.8% | 32.4% | 24.20% |
| 2020 | 10.8% | -10.6% | 82.1% | 35.05% |
| 2019 | 28.6% | -8.5% | 37.5% | 13.14% |
Total Return Ranking - Trailing
| Period | TQSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 17.9% | -5.3% | 38.6% | 23.80% |
| 1 Yr | 17.6% | -6.6% | 37.7% | 26.35% |
| 3 Yr | 7.8%* | -17.9% | 23.9% | 11.78% |
| 5 Yr | 10.8%* | -1.4% | 24.0% | 22.77% |
| 10 Yr | N/A* | 2.1% | 13.0% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | TQSAX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 21.0% | 1.2% | 31.3% | 11.61% |
| 2022 | -13.4% | -45.7% | 21.1% | 33.71% |
| 2021 | 21.6% | -30.2% | 52.8% | 72.30% |
| 2020 | 11.4% | -8.4% | 84.3% | 59.21% |
| 2019 | 29.8% | 1.0% | 43.4% | 30.77% |
NAV & Total Return History
TQSAX - Holdings
Concentration Analysis
| TQSAX | Category Low | Category High | TQSAX % Rank | |
|---|---|---|---|---|
| Net Assets | 457 M | 728 K | 175 B | 51.55% |
| Number of Holdings | 318 | 1 | 2780 | 24.23% |
| Net Assets in Top 10 | 60.1 M | 402 K | 15.4 B | 61.69% |
| Weighting of Top 10 | 9.00% | 0.5% | 100.0% | 80.51% |
Top 10 Holdings
- T. Rowe Price Government Reserve Fund \u2013 Collateral 1.94%
- TENET HEALTHCARE CORP 0.94%
- RPM INTERNATIONAL INC 0.82%
- TEXTRON INC 0.77%
- LAMAR ADVERTISING CO 0.76%
- TECHNIPFMC PLC 0.76%
- BELDEN INC 0.76%
- MKS INSTRUMENTS INC 0.75%
- NUTANIX INC 0.75%
- WEBSTER FINANCIAL CORP 0.74%
Asset Allocation
| Weighting | Return Low | Return High | TQSAX % Rank | |
|---|---|---|---|---|
| Stocks | 98.99% | 0.85% | 100.25% | 42.54% |
| Cash | 2.50% | 0.00% | 99.04% | 31.27% |
| Preferred Stocks | 0.00% | 0.00% | 11.12% | 38.03% |
| Other | 0.00% | -0.03% | 38.10% | 55.49% |
| Convertible Bonds | 0.00% | 0.00% | 1.78% | 38.31% |
| Bonds | 0.00% | 0.00% | 72.71% | 42.82% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | TQSAX % Rank | |
|---|---|---|---|---|
| Technology | 18.33% | 0.00% | 40.65% | 21.75% |
| Industrials | 16.45% | 0.00% | 45.89% | 51.41% |
| Healthcare | 14.01% | 0.00% | 24.06% | 14.69% |
| Financial Services | 13.29% | 0.00% | 46.10% | 58.76% |
| Consumer Cyclical | 13.15% | 2.49% | 46.48% | 45.76% |
| Real Estate | 7.53% | 0.00% | 25.82% | 53.67% |
| Basic Materials | 5.26% | 0.00% | 16.35% | 57.63% |
| Energy | 4.48% | 0.00% | 58.13% | 60.73% |
| Consumer Defense | 3.01% | 0.00% | 32.18% | 79.94% |
| Communication Services | 2.54% | 0.00% | 30.98% | 51.13% |
| Utilities | 1.97% | 0.00% | 18.97% | 75.71% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | TQSAX % Rank | |
|---|---|---|---|---|
| US | 98.82% | 0.85% | 100.25% | 40.85% |
| Non US | 0.18% | 0.00% | 10.11% | 18.31% |
TQSAX - Expenses
Operational Fees
| TQSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.40% | 0.03% | 19.40% | 23.80% |
| Management Fee | 0.64% | 0.00% | 1.50% | 43.91% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 45.78% |
| Administrative Fee | 0.15% | 0.01% | 0.30% | 73.08% |
Sales Fees
| TQSAX 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% | 4.00% | N/A |
Trading Fees
| TQSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 71.43% |
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.
| TQSAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 14.50% | 0.00% | 304.00% | 9.81% |
TQSAX - Distributions
Dividend Yield Analysis
| TQSAX | Category Low | Category High | TQSAX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.38% | 0.00% | 29.78% | 91.83% |
Dividend Distribution Analysis
| TQSAX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | Quarterly | Annual |
Net Income Ratio Analysis
| TQSAX | Category Low | Category High | TQSAX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.14% | -2.06% | 3.38% | 76.77% |
Capital Gain Distribution Analysis
| TQSAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 12, 2024 | $0.087 | OrdinaryDividend |
| Dec 12, 2024 | $0.362 | CapitalGainShortTerm |
| Dec 12, 2024 | $0.969 | CapitalGainLongTerm |
| Dec 13, 2023 | $0.587 | CapitalGainLongTerm |
| Dec 13, 2022 | $1.029 | OrdinaryDividend |
| Dec 14, 2021 | $0.240 | OrdinaryDividend |
| Dec 14, 2020 | $0.095 | OrdinaryDividend |
| Dec 13, 2019 | $0.030 | OrdinaryDividend |
| Dec 13, 2019 | $0.120 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.070 | CapitalGainShortTerm |
| Dec 13, 2018 | $0.135 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.020 | OrdinaryDividend |
| Dec 14, 2017 | $0.020 | OrdinaryDividend |
| Dec 14, 2017 | $0.010 | CapitalGainShortTerm |
| Dec 14, 2017 | $0.050 | CapitalGainLongTerm |
| Dec 14, 2016 | $0.030 | OrdinaryDividend |
| Dec 14, 2016 | $0.030 | CapitalGainShortTerm |
TQSAX - Fund Manager Analysis
Managers
Prashant Jeyaganesh
Start Date
Tenure
Tenure Rank
Jun 01, 2017
5.0
5.0%
Mr. Jeyaganesh joinedT. Rowe Price in 2006 and his investment experience dates from that time. During the past five years, he has served as a quantitative analyst. Mr. Nanda joined the Firm in 2000 and his investment experience dates from 1998. He has served as a portfolio manager with the Firm throughout the past five years. The
Vidya Kadiyam
Start Date
Tenure
Tenure Rank
Apr 01, 2020
2.16
2.2%
David Corris
Start Date
Tenure
Tenure Rank
Nov 01, 2021
0.58
0.6%
David heads the BMO Disciplined Equity Team and is responsible for equity portfolio management and research. He joined the company in 2008. David began his investment management career in 1999, and was a quantitative equity portfolio manager/researcher at Northern Trust Global Investments. He holds an M.B.A. from Harvard Business School and a B.S. in mathematics and quantitative economics from the University of Wisconsin. In addition, he is a CFA® charterholder.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.25 | 38.44 | 7.3 | 5.78 |
