T. Rowe Price Mid-Cap Growth Fund (RPMGX)
Ticker Symbol:
RPMGX
Fund Status:
Closed to new Retail investors  /  Open to subsequent Retail investments
Closed to new Retail Investors as of May 28, 2010 at 4pm EST
Fund Objective
Quick Stats
Fiscal Year End  December
Morningstar Category  Mid-Cap Growth
Inception Date 06/30/1992
Tax ID 52-1784828
Investment Objective
The fund seeks to provide long-term capital appreciation by investing in mid-cap stocks with potential for above-average earnings growth.
Strategy
To invest at least 80% of the fund's net assets in a diversified portfolio of common stocks of mid-cap companies whose earnings T. Rowe Price expects to grow at a faster rate than the average company. The fund defines mid-cap companies as those whose market capitalization falls within the range of either the S&P Midcap 400 Index or the Russell Midcap Growth Index.
Risk/Reward Potential*
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This fund provides the long-term growth potential of well-managed medium-sized companies with attractive growth prospects. These companies have successfully weathered their start-up years, offer proven products and services, have experienced management teams, and can often finance their own growth.

Earnings of mid-caps tend to fluctuate more than those of larger firms, and small-caps could offer greater return potential. The fund invests in growth stocks, which have higher valuations and lower dividend yields than stocks of slower-growth or cyclical firms.
* Annually we evaluate the standard deviation of each US mutual fund listed and its resulting placement within specific risk/return categories.

Methodology: If a fund is at least 5 year old, it is generally placed in risk/return categories based on the standard deviation of its performance for the longest period of its calendar year returns; the longest time period used for analysis is 10 years (regardless of the fund's inception). If a fund is less than 5 years old, we generally use the fund's primary benchmark disclosed in its prospectus as a proxy and follow the same process of using 10-year standard deviation of the benchmark, or longest time period available. The firm at its sole discretion may show a fund in a higher risk category based on qualitative or other factors that may differ from this methodology.
See Glossary for additional details on all data elements.