T. Rowe Price Equity Income Fd (PRFDX)
T. Rowe Price Equity Income Fd operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $45.93, down 0.04% on the session, giving a market capitalisation of $29.65B. Its beta of 0.78 implies it has historically moved less than the broad market.
The fund generally commits at least 80% of its net assets (which may include capital acquired through borrowing) to common equities. Its investment strategy focuses predominantly on large-capitalization companies, specifically targeting those with a consistent history of dividend payments or those considered to be undervalued. The investment manager habitually seeks out sizable corporations, and consequently, the fund's dividend yield, which reflects the income distributed, is typically expected to exceed that of the Russell 1000® Value Index.
T. Rowe Price Equity Income Fd is most often compared with the following Financial Services names: