March 2, 2016

T. Rowe Price Dividend Growth Fund (PRDGX)

T. Rowe Price Dividend Growth Fund (PRDGX) is one of the best large blend mutual funds. This mutual fund provides dividend yield for investors.

T. Rowe Price Dividend Growth Fund (PRDGX) Profile

This T. Rowe Price Dividend Growth Fund objective is to provide dividend income and long-term capital growth primarily through investments in stocks. This mutual fund invests mainly in stocks, with an emphasis on stocks that have a strong track record of paying dividends or that are expected to increase their dividends over time.

The fund is managed by Thomas J. Huber since 2000. It provides dividend yield of 1.42%.

Fund Details

    T. Rowe Price Dividend Growth Fund (PRDGX)
  • Fund Inception Date: December 29, 1992
  • Ticker Symbol: PRDGX
  • CUSIP: 779546100
  • Fund Manager: Thomas J. Huber
  • Net Assets: $7.5 Billion
  • Beta (3yr): 0.92
  • Category: Large Blend
  • Yield: 1.42%
  • Expense Fee: 0.64%
  • Min to Invest: $2,500
  • Capital Gains: N/A
  • Turnover rate: 11%
Updated on May 2017

This T. Rowe Price Dividend Growth Fund has no sales load. There is also no 12b1 fee. The PRDGX fund has a below average expense ratio fee of 0.64%. Typical average annual expense ratio for the large-blend category is 1.01%. The current yield is 1.42%.

T. Rowe Price Dividend Growth Fund (PRDGX) Performance

You can find the T. Rowe Price Dividend Growth Fund (PRDGX) performance for the past years:
  • Year 2017: 6.62% (YTD)
  • Year 2016: 11.62%
  • Year 2015: 2.36%
  • Year 2014: 12.34%
  • Year 2013: 30.35%

How to Buy

You can start investing in this fund with as little as $2,500. Several brokerages where you can buy include Raymond James, T Rowe Price, TD Ameritrade, Scottrade NTF, Fidelity Investment, etc.

Note: This T. Rowe Price Dividend Growth Fund (PRDGX) is part of Kiplinger's Best Mutual Funds, Kip 25.

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