T. Rowe Price Mid-Cap Value (TRMCX - Free Report) a Zacks Ranked #2 (Buy) seeks long-term capital appreciation by investing primarily in mid-sized companies believed to be undervalued. TRMCX invests the majority of its net assets in companies whose market capitalization falls within the range of companies in the S&P MidCap 400 Index.
This Mid Value fund, as of the last filing, allocates their fund in three major groups; Large Value, Small Value, High Yield Bond. Further, as of the last filing, SYSCO CORP, FIRSTENERGY CORP and NORTHERN TRUST CORP were the top holdings for TRMCX.
The T. Rowe Price Mid-Cap Value fund, managed by T. Rowe Price, carries an expense ratio of 0.8. Moreover, TRMCX requires a minimal initial investment of $2,500.
TRMCX has a history of strong positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 2.6%, 3 year 11.15%, and 5 year 10.16%. To see how this fund performed compared in its category, please click here.
TRMCX’s performance, as of the last filing, when compared to funds in its category was in the top 4% in 1 year, top 18% over the past 3 years, and in the 19% over the past 5 years.
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