T. Rowe Price Growth Stock Fund R Class
RRGSX
NASDAQ- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- T. Rowe Price Growth Stock Fund R Class (RRGSX) is an open-end mutual fund that seeks long-term capital growth through investments primarily in common stocks of companies exhibiting growth characteristics; it normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in such equities, with a focus on large-cap growth stocks as represented in third-party growth-oriented indices. The fund's portfolio is heavily weighted toward technology (approximately 52%), communication services, and consumer cyclical sectors, with top holdings including Microsoft Corp. (14%), NVIDIA Corp. (14%), Apple Inc. (9%), and Amazon.com Inc. (6%); it maintains high U.S. equity exposure (over 96%), minimal non-U.S. stocks (3%), and negligible cash or fixed income. Launched on September 30, 2002, as the R share class of T. Rowe Price's flagship Growth Stock Fund (originally inception April 11, 1950), RRGSX features a net expense ratio of 1.16%, a minimum initial investment of $2,500, and daily pricing, targeting individual and intermediary investors in the U.S. large-growth category with total net assets of about $51 billion across the fund family and R class assets around $688 million. This R Class is distributed through T. Rowe Price Investment Services, Inc., with no front-end or deferred loads, and is available primarily to retirement plans, financial intermediaries, and qualified investors. Managed within T. Rowe Price Group, Inc., a global investment management firm founded in 1937 and headquartered in Baltimore, Maryland, the fund benefits from the parent's broad offerings including mutual funds, retirement services, managed accounts, and subadvisory services across equity, fixed income, multi-asset, and alternative strategies for individual, institutional, and intermediary clients worldwide. T. Rowe Price operates from 17 international offices serving clients in 55 countries, with a philosophy rooted in active growth investing pioneered by founder Thomas Rowe Price Jr. Recent changes include a leadership transition for the Growth Stock Fund, with comanager James (Jim) Stillwagon assuming sole portfolio management responsibility effective August 1, 2025, following Joe Fath's earlier-than-planned departure from the firm (originally scheduled for September 30, 2025); Stillwagon took on final transaction authority May 1, 2025, ensuring continuity. At the parent level, T. Rowe Price acquired alternative credit manager Oak Hill Advisors for $7.5 billion in early 2025 (74% cash, 26% stock, plus milestone payments), integrating its $53 billion AUM into the private markets platform to expand client offerings in private credit. In September 2025, T. Rowe Price announced a strategic alliance with Goldman Sachs Asset Management, including Goldman's up to $1 billion open-market purchase of T. Rowe stock (targeting 3.5% ownership), to co-develop public-private market portfolios for retirement and wealth channels; the first co-branded model portfolios launched December 15, 2025, managed by Goldman's Multi-Asset Solutions team using funds from both firms. These moves reflect T. Rowe Price's focus on inorganic growth, alternatives expansion, and retirement innovation amid $1.6 trillion AUM as of late 2024.