T. Rowe Price Mid-Cap Growth Fund (RPMGX) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
Beta 0.99: the stock has moved roughly in step with the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gpt-4o-mini, generated Jun 14, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerT. Rowe Price Mid-Cap Growth Fund (RPMGX) trades at $100.05. T. Rowe Price Mid-Cap Growth Fund (RPMGX) focuses on long-term capital appreciation by investing primarily in mid-sized growth companies. Sector: Financials.
Price as of · Last analyzed: Jun 14, 2026Analyst Coverage for RPMGX: RPMGX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
T. Rowe Price Mid-Cap Growth Fund (RPMGX) Financial Services Profile
T. Rowe Price Mid-Cap Growth Fund (RPMGX) is a mutual fund that aims for substantial long-term capital appreciation by investing at least 80% of its assets in mid-cap growth stocks, leveraging T. Rowe Price's extensive research and investment expertise.
What Is the Investment Thesis for RPMGX?
T. Rowe Price Mid-Cap Growth Fund (RPMGX) is positioned to capitalize on the growth potential of mid-sized companies, which are often more agile and innovative than their larger counterparts. The fund's strategy of allocating at least 80% of its net assets to a diverse collection of common stocks provides a robust platform for capturing superior earnings growth. With a market cap of $33.53 billion and a beta of 0.99, RPMGX is well-positioned to navigate market volatility while targeting high-growth sectors. The ongoing trend towards increased investment in mid-cap equities, driven by their potential for higher returns, presents a favorable backdrop for RPMGX. Additionally, T. Rowe Price's strong research capabilities and established investment processes serve as key value drivers, enhancing the fund's ability to identify and invest in promising growth stocks. However, investors should remain cognizant of potential risks, including market volatility and the possibility of underperformance relative to benchmarks or peers, which could impact the fund's ability to attract and retain investor capital.
Based on FMP financials and quantitative analysis
RPMGX Key Highlights
Market capitalization of $33.53 billion, reflecting significant investor confidence.
- Beta of 0.99, indicating a risk profile closely aligned with the overall market.
- No dividend yield, focusing exclusively on capital appreciation.
- Investment strategy emphasizing mid-cap growth stocks with superior earnings potential.
- Flexibility to invest in international equities enhances diversification.
Who Are RPMGX's Competitors?
RPMGX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| VTTSX Vanguard Target Retirement 2060 Fund | $68.48 | +0.77% | $47.5B | — |
| PREIX T. Rowe Price Equity Index 500 Fund | $200.39 | +0.74% | $41.0B | — |
| VGHCX Vanguard Health Care Fund Investor Shares | $203.46 | -0.25% | $38.9B | — |
| VITPX Vanguard Institutional Total Stock Market Index Fund Institutional Plus Shares | $126.79 | +0.75% | $35.0B | — |
| VTWNX Vanguard Target Retirement 2020 Fund | $28.43 | +0.18% | $34.1B | — |
| BLK BlackRock, Inc. | $1059.63 | -0.44% | $164B | 49 5-pillar |
| BX Blackstone Inc. | $111.74 | -0.45% | $135B | 67 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | -0.23% | $74.8B | 55 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are RPMGX's Key Strengths?
Strong investment management capabilities backed by T. Rowe Price's research.
- Focus on mid-cap growth stocks with significant potential for capital appreciation.
- Flexibility to invest in both U.S. and international equities enhances diversification.
What Are RPMGX's Weaknesses?
No dividend yield may deter income-focused investors.
- Performance may be affected by market volatility and economic downturns.
- Dependence on the performance of mid-cap stocks, which can be less stable than large-cap stocks.
What Threats Does RPMGX Face?
- Market volatility could impact the fund's performance and investor confidence.
- Regulatory changes in the asset management industry may affect operations.
- Intense competition from other funds targeting similar investment strategies.
What Are RPMGX's Competitive Advantages?
- Access to T. Rowe Price's extensive research and investment expertise.
- Established reputation and trust in the asset management industry.
- Ability to adapt investment strategies based on market conditions and trends.
What Does RPMGX Do?
T. Rowe Price Mid-Cap Growth Fund (RPMGX) is a mutual fund established with the primary objective of achieving substantial long-term capital appreciation. The fund is managed by T. Rowe Price, a well-respected investment management firm founded in 1937 by Thomas Rowe Price Jr. The RPMGX fund primarily invests in mid-sized companies, defined as those with market capitalizations that fall within the ranges of either the S&P MidCap 400® Index or the Russell Midcap® Growth Index. This focus on mid-cap growth stocks allows the fund to target companies that T. Rowe Price believes will demonstrate earnings growth rates superior to the average corporation. While the majority of the portfolio is generally comprised of U.S. common stocks, the fund retains the flexibility to invest in international equities when such investments align with its long-term objectives. Over the years, the RPMGX fund has evolved to adapt to changing market conditions, utilizing T. Rowe Price's extensive research capabilities and established investment processes to identify high-potential growth opportunities. As of June 2026, the fund has a market capitalization of approximately $33.53 billion and a beta of 0.99, indicating a risk profile closely aligned with the broader market. Notably, RPMGX does not offer dividends, focusing instead on capital appreciation through growth-oriented investments.
What Products and Services Does RPMGX Offer?
- Invest primarily in mid-cap growth stocks to achieve long-term capital appreciation.
- Allocate at least 80% of net assets to a diverse collection of common stocks.
- Retain flexibility to invest in international equities when consistent with investment aims.
- Utilize T. Rowe Price's extensive research capabilities to identify high-potential investments.
- Focus on companies expected to demonstrate superior earnings growth rates.
- Manage a portfolio that adapts to changing market conditions and investor needs.
How Does RPMGX Make Money?
- Generate returns through capital appreciation rather than dividend income.
- Leverage T. Rowe Price's research to identify and invest in growth-oriented mid-cap companies.
- Attract investor capital by demonstrating strong performance and effective risk management.
- Maintain a diversified portfolio to mitigate risks associated with individual stock performance.
What Industry Does RPMGX Operate In?
The asset management industry is witnessing a growing trend towards mid-cap investments, as these companies often provide a balance of growth potential and stability. The mid-cap segment is positioned to benefit from economic recovery and increased consumer spending, with analysts projecting a compound annual growth rate (CAGR) of approximately 10% for mid-cap equities over the next five years. RPMGX fits well within this landscape, leveraging T. Rowe Price's extensive research capabilities to identify and invest in high-potential mid-sized companies. The competitive landscape includes several notable peers, such as Vanguard Target Retirement 2060 Fund (VTTSX) and T. Rowe Price Equity Index 500 Fund (PREIX), which also target growth-oriented investment strategies.
Who Are RPMGX's Key Customers?
- Individual investors seeking long-term capital appreciation through mutual funds.
- Institutional investors looking for diversified exposure to mid-cap growth stocks.
- Financial advisors and wealth managers recommending growth-oriented investment strategies.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is a fund, not an operating company
RPMGX Financials
Bull Case vs Bear Case
Bull Case
- Strong investment management capabilities backed by T. Rowe Price's research.
- Focus on mid-cap growth stocks with significant potential for capital appreciation.
- Flexibility to invest in both U.S. and international equities enhances diversification.
Bear Case
- No dividend yield may deter income-focused investors.
- Performance may be affected by market volatility and economic downturns.
- Dependence on the performance of mid-cap stocks, which can be less stable than large-cap stocks.
- Market volatility could impact the fund's performance and investor confidence.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · June 2026
RPMGX Latest News
No recent news available for RPMGX.
RPMGX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for RPMGX.
Price Targets
Wall Street price target analysis for RPMGX.
RPMGX MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for RPMGX; grades run from A+ (80-100) to F (below 30).
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.