T. Rowe Price Dividend Growth Fund (PRDGX - Free Report) seeks to provide increasing dividend income over time, long-term capital appreciation, and reasonable current income through investments primarily in dividend-paying stocks. PRDGX invests at least 65% of its total assets in dividend-paying common stocks that have favorable prospects for increasing dividends and long-term appreciation.
This Large Value producthas a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 10% and 5 year 14.2%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.
PRDGX’s performance, as of the last filing, when compared to funds in its category was in the top 1% over the past 3 years and in the top 18% over the past 5 years.
The T. Rowe Price Dividend Growth fund, as of the last filing, allocates their fund in top two major groups; Large Value and Large Growth. Further, as of the last filing, JPMorgan Chase & Co, Microsoft Corp and Comcast Corp were the top holdings for PRDGX.
This Zacks Rank #1 (Strong Buy) was incepted in December 1992 and is managed by T. Rowe Price. PRDGX carries an expense ratio of 0.64% and requires a minimal initial investment of $2,500.
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