Description

This fund seeks to deliver substantial capital appreciation over an extended period. Typically, it dedicates at least 80% of its total net assets (inclusive of any borrowed funds utilized for investment) to a wide-ranging collection of common stocks issued by growth-focused companies of medium size. T. Rowe Price’s investment approach targets businesses anticipated to exhibit earnings growth at a rate faster than the market average. For this fund, mid-cap companies are characterized by a market capitalization that falls within the spectrum of either the S&P MidCap 400 Index or the Russell Midcap Growth Index.