Look at T. Rowe Price Equity Income Fund (PRFDX)

PRFDX

T. Rowe Price Equity Income Fund (PRFDX - Free Report) seeks to provide substantial dividend income as well as long-term capital appreciation through investments in common stocks of established companies. PRFDXinvests at least 80% of itsnet assets in common stocks, with 65% in the common stocks of well-established companies paying above-average dividends, with favorable prospects for both increasing dividends and capital appreciation.

This Large Cap Value product has a history of positive total returns for over 10 years.  Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 8.3% and 5 year 12.1%. To see how this fund performed compared in its category, and #1 and #2 Ranked Mutual Funds, please click here.  

PRFDX’s performance, as of the last filing, when compared to funds in its category was in the top 19% over the past 1 year, and in the top 28% over the past 3 years and in the top 27% over the past 5 years.   

The T. Rowe Price Equity Income fund, as of the last filing, allocates their fund in top two major groups; Large Value and High Yield Bond. Further, as of the last filing, JPMorgan Chase & Co, Exxon Mobil Corp and Wells Fargo & Co were the top holdings for PRFDX.

This Zacks Rank #1 (Strong Buy) was incepted in October 1985 and is managed by T. Rowe Price. PRFDX carries an expense ratio of 0.66% and requires a minimal initial investment of $2,500.

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