T. Rowe Price Equity Income Fund
TCELX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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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
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in mil. unless spec.- CEO
- Rob Sharps
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- Baltimore, MD 21202 Baltimore MD United States of America 21202
- IPO Date
- Dec 10, 2019
- CIK
- 0000313212
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price International Funds, Inc. serves as a registered investment company offering a range of mutual funds focused on international equity markets, including the T. Rowe Price China Evolution Equity Fund (TCELX), which seeks long-term capital growth primarily through investments in a diversified portfolio of equity securities issued by Chinese companies listed in mainland China, Hong Kong, or other markets; the fund emphasizes small- and mid-capitalization companies beyond mega-cap names to capture evolving growth opportunities in Greater China, with exposure to emerging boards such as ChiNext, STAR, and SME. The firm provides access to these strategies via investor class shares suitable for taxable and tax-deferred accounts like IRAs, available on platforms including Schwab, Fidelity, TD Ameritrade, and Pershing with no-transaction-fee options for many share classes. Headquartered in Baltimore, Maryland, and affiliated with T. Rowe Price Group, Inc., founded in 1937, the entity operates within the global asset management industry, targeting individual, institutional, and intermediary investors seeking enhanced growth potential from emerging markets despite elevated risks such as market volatility, currency fluctuations, governmental influences, and limited liquidity in Chinese securities. In recent developments, T. Rowe Price Group, the parent organization, entered a strategic alliance with Goldman Sachs Asset Management announced in September 2025, involving up to $1 billion investment in T. Rowe Price stock and culminating in the December 2025 launch of co-branded model portfolios on the GeoWealth platform; these portfolios, managed across asset classes by Goldman Sachs' Multi-Asset Solutions team using funds from both firms, target mass-affluent and high-net-worth clients with initial mutual fund and ETF sleeves, a high-net-worth direct indexing option planned for early 2026, and support from over 200 wholesalers. Additionally, the firm expanded its fixed income offerings in November 2025 with four new active ETFs—Short Municipal Income (TMNS), Long Municipal Income, High Yield Municipal Income, and Multi-Sector Income (TMSF)—building on prior launches to enhance municipal bond and global credit strategies for retail and institutional investors. Operationally, T. Rowe Price transitioned to Charles River's enterprise investment management system in December 2025 and created a Global Strategy function in November 2025, appointing Andrew Reich to oversee corporate strategy, M&A, and product development starting January 2026, reflecting ongoing enhancements in technology and long-term planning amid $1.79 trillion in assets under management as of late 2025.