Dividend Growth Fund
Invests at least 65% of its total assets in the common stocks of dividend-paying companies that we expect to increase their dividends over time and also provide long-term appreciation.
Dividend-paying stocks may lag shares of smaller, faster-growing companies. Also, stocks that appear temporarily out of favor may remain out of favor for a long time.
Morningstar (Category)
Morningstar
(Overall Rating)1
Data as of 11/30/2018
Data as of 11/30/2018
Fund Manager Tenure2
Net Assets3
(USD)
Data as of 11/30/2018
Data as of 11/30/2018
Price
(USD)
Daily Price Change
Data as of 12/14/2018
Data as of 12/14/2018
Morningstar Ratings™ are based on risk-adjusted returns. Click on "Overall Rating" for the fund's 3-, 5-, and 10-year (if applicable) Morningstar Ratings™.
Strategy
Investment Objective
The fund seeks dividend income and long-term capital growth primarily through investments in stocks.Morningstar Equity Style
Large Blend
Data as of 11/30/2018
The Morningstar Style Box™, a proprietary Morningstar data point, is a 9-square grid that provides a graphical representation of the "investment style" of stocks and mutual funds. See disclaimer at bottom of page for more information.
Average Annual Total Returns (Investor Class)
1 YR
15.28%Benchmark
17.91%Value
-2.63%Data as of 09/30/2018
3 YR
15.87%Benchmark
17.31%Value
-1.44%5 YR
12.77%Benchmark
13.95%Value
-1.18%10 YR
11.36%Benchmark
11.97%Value
-0.61%Expense Ratio
Gross
0.64%Net
0.64%Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when you sell your shares. Average annual total return figures include changes in principal value, reinvested dividends, and capital gain distributions.
The gross expense ratio reflects the fund expenses as stated in the fee table of the fund's prospectus prior to the deduction of any waiver or reimbursement. The net expense ratio reflects fund expenses after the deduction of any waiver or reimbursement. If a fund has an active contractual expense limitation, the expiration date is shown below the gross and net expense ratio values above. Expense ratios are as of the most recent prospectus.
Current Year Performance (Investor Class)
Daily YTD
2.13%Benchmark
-0.90%Value
3.03%Data as of 12/14/2018
Monthly YTD
7.72%Benchmark
5.11%Value
2.61%Data as of 11/30/2018
One Month
3.99%Benchmark
2.04%Value
1.95%Three Months
-0.28%Benchmark
-4.40%Value
4.12%Asset Allocation
Net Assets
(USD)
$9.4b
Holdings
Total
Holdings
104
Largest Contributor
Microsoft
3.94%Largest Detractor
Wells Fargo
1.66%Sectors
Total
Sectors
11
Contributor
Materials
By 0.38%Detractor
Financials
By -0.45%Over
Health Care
By 3.82%Under
Communication Services
By -5.93%Team (As of )
Thomas J. Huber
Portfolio Manager
Thomas J. Huber is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is the lead portfolio manager for the US Dividend Growth Strategy. Mr. Huber is a vice president of T. Rowe Price Group, Inc.
- Fund manager
since 2000 - Years at
T. Rowe Price 24 - Years investment
experience 25
Ira W. Carnahan, CFA
Portfolio Specialist
Ira Carnahan is a portfolio specialist in the U.S. Equity Division of T. Rowe Price, covering the Capital Appreciation Fund. Previously, he was an investment analyst following consumer discretionary and consumer staples company. He is a vice president of T. Rowe Price Group, Inc.
- Years at
T. Rowe Price 13 - Years investment
experience 14
For a complete list of the members of the fund's Investment Advisory Committee, please refer to the fund's prospectus.
How to Invest
View platform information| Share Class | Min Initial Investment (USD) | Min Subsequent Investment (USD) | Redemption Fee | 12b-1 Fee | Expense Ratio | |||
|---|---|---|---|---|---|---|---|---|
| Gross | Net | Limitation Type | Limitation Expiration Date | |||||
|
Investor Class Cusip 779546100 |
$2,500 | $100 | N/A | 0.00% | 0.64% | 0.64% | N/A | N/A |
|
Advisor Class Cusip 779546209 |
$2,500 | $100 | N/A | 0.25% | 0.91% | 0.91% |
N/A |
N/A |
|
I Class Cusip 779546308 |
$1,000,000* | N/A | N/A | 0.00% | 0.51% | 0.51% |
N/A |
N/A |
* Minimum initial investment $1,000,000, certain exceptions may apply. Minimum waived for I Classes offered through Workplace Retirement plans.
© 2018 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Number of years managing the fund. In the case of co-portfolio management, the longer tenure is displayed.
Figure applies to all share classes.
Thomas J. Huber is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is the lead portfolio manager for the US Dividend Growth Strategy. Mr. Huber is a vice president of T. Rowe Price Group, Inc.