Fiscal Year End
|| Mid-Cap Growth
The investment objective is to provide long-term capital appreciation by investing in mid-cap stocks offering the potential for above-average earnings growth.
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.
Individuals seeking greater potential for capital appreciation than is provided by large companies and who are willing to incur the higher risk associated with somewhat aggressive investments in mid-cap stocks. Appropriate for both regular and tax-deferred accounts, such as IRAs.
Click on the risk/reward spectrum below to view the funds in that category
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.