T. Rowe Price Value Fund
TRPIX
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.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 East Pratt Street Baltimore MD United States of America 21202
- IPO Date
- Aug 28, 2015
- CIK
- 0000927845
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Value Fund (TRPIX) is an open-end mutual fund managed by T. Rowe Price Group, Inc., that seeks long-term capital appreciation by investing primarily in common stocks the portfolio manager regards as undervalued, with income as a secondary objective. The fund normally invests at least 65% of its total assets in these undervalued common stocks across companies of all sizes, with a particular emphasis on large-cap entities; it maintains a diversified portfolio featuring top holdings such as Berkshire Hathaway Inc., JPMorgan Chase & Co., Kenvue Inc., Fiserv, Inc., and UnitedHealth Group Incorporated, alongside positions in sectors including financial services, healthcare, industrials, and consumer staples. Available to U.S. investors through the I Class share structure with a minimum initial investment of $500,000, a net expense ratio of 0.57%, and daily pricing, the fund had total net assets of approximately $30.33 billion as of recent reports. Headquartered in Baltimore, Maryland—where T. Rowe Price Group was founded in 1937—the fund operates as part of a global investment management firm serving individual, institutional, and intermediary clients across equity, fixed income, and multi-asset strategies in 47 countries. Recent developments at T. Rowe Price Group include a strategic collaboration with Goldman Sachs announced in 2025 to launch co-branded model portfolios on the GeoWealth platform, such as the Dynamic ETF Portfolio, Tax-Aware Dynamic ETF Portfolio, Dynamic Hybrid Portfolio, and Tax-Aware Dynamic Hybrid Portfolio, with a high-net-worth portfolio incorporating direct indexing and alternatives planned for mid-2026; additionally, Goldman Sachs committed up to $1 billion in open-market purchases of T. Rowe Price stock to support up to 3.5% ownership. In early 2025, T. Rowe Price acquired Oak Hill Advisors for $7.5 billion (74% cash, 26% stock, plus $900 million in potential milestone payments), integrating its $53 billion private credit platform to expand alternative credit offerings for wealth and retail clients. The firm also plans a mid-2026 entry into Europe's active ETF market and manages the fund under portfolio manager Ryan Hedrick, who assumed duties on January 1, 2023.