T. Rowe Price Diversified Mid Cap Growth Fund
PRDMX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 East Pratt Street Baltimore MD United States of America 21202
- IPO Date
- Jan 2, 2004
- CIK
- 0001267862
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Diversified Mid Cap Growth Fund (PRDMX) is an open-end mutual fund that seeks long-term capital growth by investing primarily in common stocks of mid-cap growth companies whose earnings are expected to grow at a faster rate than the average company. The fund normally invests at least 80% of its net assets in a broadly diversified portfolio of such securities, defining mid-cap companies as those with market capitalizations within the range of the S&P MidCap 400 Index or the Russell Midcap Growth Index, with flexibility to include some large-cap and small-cap companies exhibiting similar growth characteristics; its portfolio is allocated across sectors including technology (23.58%), consumer cyclical (20.73%), industrials (17.44%), healthcare (13.52%), and financial services (7.13%), with top holdings such as Royal Caribbean Cruises Ltd, Roblox Corp, Howmet Aerospace Inc, Vistra Corp, and Cloudflare Inc representing 12.19% of assets. Launched on December 31, 2003, and domiciled in the United States, the fund is managed by T. Rowe Price Associates, Inc., headquartered in Baltimore, Maryland, with Donald J. Peters serving as portfolio manager since inception; it has approximately $4.38 billion in total net assets, a net expense ratio of 0.84%, a minimum initial investment of $2,500, and is available for sale in the United States. Recent portfolio adjustments include new positions in Flutter Entertainment plc, NRG Energy, Inc., Talen Energy Corporation, Rocket Lab Corporation, and Circle Internet Group, Inc., alongside significant increases in holdings like SharkNinja, Inc. and Paylocity Holding Corporation. A key management change was announced effective March 31, 2026, with Dante Pearson joining Donald J. Peters as co-portfolio manager and co-chair of the fund's Investment Advisory Committee, followed by Mr. Peters stepping down from his role on December 31, 2026. The fund maintains a portfolio turnover of 46.80% and delivered a one-year total return of 30.79% as of recent data.