T. Rowe Price Growth and Income Fund
PRGIX
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
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 100 East Pratt Street Baltimore MD United States of America 21202
- IPO Date
- Jan 2, 2019
- CIK
- 0000706211
- Similar Companies
- Business
- T. Rowe Price Growth and Income Fund (PRGIX) is an open-end mutual fund that seeks long-term capital growth and current income primarily through investments in dividend-paying stocks of large-cap companies, employing both growth and value investment approaches to identify firms with strong prospects for capital appreciation; the fund typically invests most assets in U.S. common stocks but may allocate to foreign securities. Core offerings include a diversified equity portfolio focused on large-cap blend strategies, with primary exposure to U.S. equities across sectors such as technology, financials, healthcare, and consumer goods, managed actively by portfolio managers including Jeffrey Rottinghaus. The fund, part of the T. Rowe Price family of mutual funds, operates within the large blend category and targets long-term investors seeking balanced growth and income. In recent developments, T. Rowe Price, the fund's sponsor, has expanded its product lineup with launches of active ETFs such as the T. Rowe Price Active Core US Equity ETF (TACU) and Active Core International Equity ETF (TACN) in the U.S., alongside plans for active ETF introductions in Europe during 2026; the firm also advanced retirement solutions including the Personalized Retirement Manager and Managed Lifetime Income offerings. These strategic shifts reflect broader efforts to capture growth in ETFs, alternatives, and separately managed accounts amid industry trends, with record capital raising in private credit during late 2024. No specific acquisitions, partnerships, or manager changes were reported for PRGIX itself in the past 1-2 years. Established on December 21, 1982, the fund is domiciled in the United States and managed from T. Rowe Price's headquarters at 100 East Pratt Street, Baltimore, Maryland 21202, with global operations supporting investors primarily in the U.S. market. Net assets stand at approximately $2.68 billion, with an expense ratio of 0.65% and availability through various share classes for retail and institutional clients. T. Rowe Price Group, Inc., the publicly traded parent, oversees a broad array of equity, fixed income, and multi-asset funds worldwide.