T. Rowe Price Equity Income Fund (PRFDX)
| 33.02 Net Asset Value | +0.18% 1 Day | +20.95% Year-to-Date | Overall Morningstar Rating |
| Large value Style or Category | No Load Sales Expenses | 0.64% Expense Ratio | Average Morningstar Risk Rating™ |
Investment Objective The investment seeks a high level of dividend income and long-term capital growth primarily through investments in stocks.
The fund will normally invest at least 80% of its net assets (including any borrowings for investment purposes) in common stocks, with an emphasis on large-capitalization stocks that have a strong track record of paying dividends or that are believed to be undervalued. The adviser generally seeks investments in large-capitalization companies and the fund's yield, which reflects the level of dividends paid by the fund, is expected to normally exceed the yield of the Russell 1000 ® Value Index.
Performance
| 1 month | +0.52% | 3 years | +8.61% | |
| 3 months | +3.90% | 5 years | +8.03% | |
| 1 year | +16.97% | Since inception | +10.68% |
Data through --
Peer Comparisonvs. Large value
| PRFDX | Category | |
|---|---|---|
| Performance 5-yr return | +8.03% | +7.30% |
| Expense ratio | 0.64% | 1.00% |
| Risk 5 year sharpe ratio | 0.58 | 0.57 |
| Net assets | $20.7B | $2.8B |
| Average market cap | $61.6B | $108.3B |
| Average P/E | 16.1 | 16.7 |
| Portfolio turnover | 16% | 16% |
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Fund Management and Purchase Info
| Fund family | T. Rowe Price |
| Fund manager & tenure | John Linehan / 4 Years |
| Minimal initial investment | $2,500.00 |
| Minimum IRA investment | $1,000.00 |
Holdings
| U.S. stock | 89.17% |
| International stock | 7.12% |
| Other | 1.77% |
| Cash | 1.60% |
| Fixed income | 0.34% |
Top 5 SectorsPortfolio weighting
| Financial service | 19.98% |
| Industrial materials | 16.90% |
| Energy | 14.76% |
| Consumer goods | 9.58% |
| Utilities | 8.66% |
Top 10 HoldingsPortfolio weighting
| WFC Wells Fargo | 3.76% |
| JPM JPMorgan Chase | 3.14% |
| SO Southern Co | 2.40% |
| QCOM Qualcomm | 2.33% |
| -- | 2.23% |
| VZ Verizon | 1.98% |
| JNJ Johnson & Johnson | 1.96% |
| BA Boeing | 1.96% |
| -- | 1.93% |
| XOM Exxon Mobil | 1.88% |
