Equity Index 500 Fund - I Class

Invests substantially all of its assets in all of the stocks in the S&P 500 Index. Attempts to maintain holdings of each stock in proportion to its weight in the index.

Stocks can decline for many reasons, including adverse political or economic developments here or abroad, changes in investor psychology, or heavy institutional selling. Actively managed funds may outperform this fund.

Morningstar (Category)

Morningstar
(Overall Rating)1

Large Blend
  (1,250 funds)

Data as of 10/31/2021

Data as of 10/31/2021

Fund Manager Tenure2

Net Assets3
(USD)

2yrs
$34.5b

Data as of 10/31/2021

Data as of 10/31/2021

Price
(USD)

Daily Price Change

$119.47
$-1.41

Data as of 12/01/2021

Data as of 12/01/2021

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™.

Alexa Gagliardi, CFA
Alexa Gagliardi, CFA, Portfolio Manager

Alexa Gagliardi is the portfolio manager of the US Equity Index Strategies and a team leader in the Investment and Trading Solutions Group. She is the chairman of the Investment Advisory Committees of the US Equity Index Strategies and a member of the Investment Advisory Committee of the International Equity Index Strategy. Alexa also is a vice president of T. Rowe Price Associates, Inc.

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Strategy

Investment Objective

The fund seeks to track the performance of a benchmark index that measures the investment return of large-capitalization U.S. stocks.

Average Annual Total Returns (I Class)*

1 YR
29.93%
Benchmark
30.00%
Value
-0.07% -0.08%

Data as of 09/30/2021

3 YR
15.93%
Benchmark
15.99%
Value
-0.06% -0.08%

Data as of 09/30/2021

5 YR
16.82%
Benchmark
16.90%
Value
-0.08% -0.08%

Data as of 09/30/2021

10 YR
16.46%
Benchmark
16.63%
Value
-0.17% -0.17%

Data as of 09/30/2021

Benchmark: S&P 500 Index

Investor Class Inception Date: 03/30/1990

I Class Inception Date: 08/28/2015

Expense Ratio

Gross
0.06%
Net
0.05%
Limitation Type
Contractual
expires 04/30/2022

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.

Investors should note that short term returns greater than 40% are highly unusual and unlikely to be sustained.

*The T. Rowe Price Funds-I Class share the portfolio of an existing fund (the original share class of the fund is referred to as the "investor class"). The total return figures for I Class shares have been calculated using the performance data of the investor class up to the inception date of the I Class (shown above) and the actual performance results of the I Class since that date.  Because the I Classes are expected to have lower expenses than the Investor Classes, The I Class performance, had it existed over the periods shown, would have been higher. 

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.

Sectors

Total
Sectors
11

Data as of 10/31/2021

Benchmark: S&P 500 Index

Largest Sector Information Technology 27.79% Was (09/30/2021) 27.52%
Other View complete

Over

Real Estate
By 0.01%
Fund 2.61%
Benchmark 2.60%

Under

Information Technology
By -0.15%
Fund 27.79%
Benchmark 27.94%

Data as of 10/31/2021

Team (As of )

Alexa Gagliardi, CFA

Alexa Gagliardi, CFA
Portfolio Manager

Alexa Gagliardi is the portfolio manager of the US Equity Index Strategies and a team leader in the Investment and Trading Solutions Group. She is the chairman of the Investment Advisory Committees of the US Equity Index Strategies and a member of the Investment Advisory Committee of the International Equity Index Strategy. Alexa also is a vice president of T. Rowe Price Associates, Inc.

  • Fund manager
    since 2019
  • Years at
    T. Rowe Price 7
  • Years investment
    experience 11

For a complete list of the members of the fund's Investment Advisory Committee, please refer to the fund's prospectus.

View platform information
1

© 2021 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.

2

Number of years managing the fund.  In the case of co-portfolio management, the longer tenure is displayed.

3

Figure applies to all share classes.

The fund may become nondiversified, as defined under the Investment Company Act of 1940, solely as a result of a change in relative market capitalization or index weighting of one or more constituents of the Index.

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