T. Rowe Price Equity IncomePRFDX

Morningstar Rating

Fund Research and Analysis

by Harry Milling

There is a lot to like about T. Rowe Price Equity Income.

This fund has all the elements: a veteran and respected manager and a strategy that yields solid long-term returns while curbing risk. Brian Rogers has been this fund's manager since 1985, and Read more

Kudos

Very experienced manager.

Excellent long-term returns.

Below-average volatility.

Modest expenses. Read more

Risks

Emphasis on value-oriented, dividend-paying stocks may hold the fund back in growth-dominated markets.

Management's focus on out-of-favor names can occasionally backfire.

Rogers has CIO and board duties on top of his portfolio-management demands, so he is carrying a heavy load. Read more

Strategy

This fund employs a true-blue approach to value investing. Longtime manager Brian Rogers strives to keep the fund's yield at least 25% higher than that of the S&P 500 Index, and he looks for companies Read more

Management

Brian Rogers has managed this fund since its 1985 inception. He is backed by T. Rowe Price's deep bench of analysts. In January 2004, Rogers became T. Rowe Price's chief investment officer, and he also serves as the chairman of the company's board. Read more

Inside Scoop

Although some investors have only recently come to appreciate the virtues of dividend-paying stocks, this fund's manager has favored them all along. Low price tags and above-average Read more

First Name

Last Name

Email Address

Zip Code

Create Password

Verify Password

(6-15 characters; case sensitive)

What is your occupation or job title?

Select...

Your registration indicates agreement to the terms of use.

Dodge & Cox: Health Care Now More Attractive
Watch more