T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX)
T. Rowe Price Diversified Mid Cap Growth Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $49.99, up 0.26% on the session, giving a market capitalisation of $4.96B. Its beta of 1.08 implies it has historically moved more than the broad market.
This fund seeks to deliver substantial capital appreciation over an extended period. Typically, it dedicates at least 80% of its total net assets (inclusive of any borrowed funds utilized for investment) to a wide-ranging collection of common stocks issued by growth-focused companies of medium size. T. Rowe Price’s investment approach targets businesses anticipated to exhibit earnings growth at a rate faster than the market average. For this fund, mid-cap companies are characterized by a market capitalization that falls within the spectrum of either the S&P MidCap 400 Index or the Russell Midcap Growth Index.
T. Rowe Price Diversified Mid Cap Growth Fund is most often compared with the following Financial Services names: