Is T. Rowe Price Diversified Mid-Cap Growth (PRDMX) a Strong Mutual Fund Pick Right Now?
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 24 2024
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Source: NASDAQ.COM
T. Rowe Price Diversified Mid-Cap Growth Fund (PRDMX): This fund has a strong Zacks Mutual Fund Rank of 1, with a 5-year annualized return of 10.52% and lower volatility compared to its peers, making it an attractive option for investors seeking mid-cap growth opportunities.
Investment Considerations: PRDMX is a no-load fund with an expense ratio of 0.86%, requiring a minimum initial investment of $2,500. It focuses primarily on U.S. equities and aims to capitalize on growth potential in the mid-cap sector while being competitively priced against similar funds.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
