T. Rowe Price QM U.S. Small-Cap Growth Equity Fund Advisor Class (TQAAX) Fund Overview
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Beta 1.21: the stock has moved about 21% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 15, 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 QM U.S. Small-Cap Growth Equity Fund Advisor Class (TQAAX) trades at $49.02. Sector: Financials.
Price as of · Last analyzed: Mar 15, 2026Analyst Coverage for TQAAX: TQAAX 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 QM U.S. Small-Cap Growth Equity Fund Advisor Class (TQAAX) Financial Services Profile
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund Advisor Class (TQAAX) seeks long-term capital appreciation by investing in small-cap U.S. growth companies, mirroring the MSCI US Small Cap Growth Index. With a focus on equity securities, the fund provides exposure to a diversified portfolio of growth-oriented small-cap stocks within the financial services sector.
What Is the Investment Thesis for TQAAX?
TQAAX presents an investment opportunity for those seeking exposure to the high-growth potential of U.S. small-cap companies. With a market cap of $8.24 billion, the fund offers a focused approach on companies within the MSCI US Small Cap Growth Index. The fund's strategy of investing at least 80% of its assets in small-cap equities aligns with the growth objectives. A potential catalyst is the continued innovation and expansion of small-cap companies within the technology and healthcare sectors, which could drive significant returns. However, the fund's beta of 1.21 indicates higher volatility compared to the market, posing a potential risk. The absence of dividend payments may deter income-seeking investors. The fund's performance is closely tied to the overall health and growth of the U.S. small-cap market, making it susceptible to economic downturns.
Based on FMP financials and quantitative analysis
TQAAX Key Highlights
TQAAX focuses on long-term capital growth by investing in small-cap U.S. growth companies.
- The fund invests at least 80% of its net assets in equity securities of small-cap companies.
- The fund benchmarks its small-cap growth company definition against the MSCI US Small Cap Growth Index.
- TQAAX has a market capitalization of $8.24 billion, indicating its significant presence in the small-cap market.
- The fund's beta of 1.21 suggests higher volatility compared to the broader market.
Who Are TQAAX's Competitors?
TQAAX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| HSWYX Hartford Schroders International Stock Fund Class Y | $23.35 | +0.65% | $9.38B | — |
| MGRAX MFS Series Trust X- MFS International Growth Fund A | $49.05 | +1.51% | $8.91B | — |
| MGRDX MFS International Growth R6 | $49.48 | +1.50% | $8.99B | — |
| NBGEX Neuberger Berman Genesis Fund Trust Class | $58.67 | +1.03% | $7.42B | — |
| NBGIX Neuberger Berman Genesis Fund Institutional Class | $58.75 | +1.05% | $7.22B | — |
| BLK BlackRock, Inc. | $1059.63 | -0.44% | $164B | 51 5-pillar |
| BX Blackstone Inc. | $111.74 | -0.45% | $135B | 68 5-pillar |
| APOS Apollo Global Management, Inc. | $25.59 | -0.23% | $74.8B | 56 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are TQAAX's Key Strengths?
Experienced investment management team.
- Disciplined investment process.
- Established brand reputation.
- Focus on small-cap growth stocks.
What Are TQAAX's Weaknesses?
Higher volatility compared to the broader market.
- Dependence on the performance of small-cap companies.
- Absence of dividend payments.
- Susceptibility to economic downturns.
What Are the Key Risks for TQAAX?
Higher volatility compared to the broader market, as indicated by a beta of 1.21.
- Dependence on the performance of small-cap companies, which can be more susceptible to economic downturns.
- Absence of dividend payments may deter income-seeking investors.
- Increased competition from other asset management firms offering similar investment strategies.
What Threats Does TQAAX Face?
- Increased competition from other asset management firms.
- Regulatory changes in the financial industry.
- Economic downturns impacting small-cap companies.
- Shifting investor preferences towards passive investing.
What Are TQAAX's Competitive Advantages?
- Established brand reputation of T. Rowe Price.
- Experienced investment management team.
- Disciplined investment process focused on small-cap growth stocks.
- Access to proprietary research and data.
What Does TQAAX Do?
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund Advisor Class (TQAAX) is an investment vehicle focused on achieving long-term capital growth. Established with the goal of providing investors access to the potential of small-cap U.S. growth companies, the fund primarily invests in common stocks. The fund operates under the guidance of T. Rowe Price, a well-established asset management firm. TQAAX adheres to a strategy of investing at least 80% of its net assets in equity securities issued by small-cap U.S. growth companies. These companies are defined as those whose market capitalization falls within the range of companies included in the MSCI US Small Cap Growth Index at the time of purchase. This index serves as a benchmark for identifying companies exhibiting overall growth style characteristics within the small-cap segment of the U.S. equity market. The fund's investment approach aims to capture the growth potential of smaller, innovative companies while maintaining diversification across various sectors and industries within the small-cap universe. The fund is available to investors seeking exposure to the small-cap growth segment of the U.S. equity market through a professionally managed investment vehicle.
What Products and Services Does TQAAX Offer?
- Invests primarily in common stocks of small growth companies.
- Aims for long-term growth of capital.
- Focuses on equity securities issued by small-cap U.S. growth companies.
- Defines small-cap growth companies based on the MSCI US Small Cap Growth Index.
- Targets companies exhibiting overall growth style characteristics.
- Manages a diversified portfolio of small-cap growth stocks.
How Does TQAAX Make Money?
- Generates revenue through management fees charged on assets under management (AUM).
- AUM is driven by investment performance and net inflows from investors.
- Investment decisions are based on fundamental research and quantitative analysis.
- The fund operates within the regulatory framework of the asset management industry.
What Industry Does TQAAX Operate In?
TQAAX operates within the asset management industry, which is characterized by intense competition and evolving investor preferences. The industry is influenced by macroeconomic factors, regulatory changes, and technological advancements. TQAAX focuses on the small-cap growth segment, which offers higher growth potential but also comes with increased risk. The competitive landscape includes other mutual funds and ETFs targeting small-cap growth stocks. The fund's performance is benchmarked against the MSCI US Small Cap Growth Index, reflecting its focus on capturing the growth characteristics of this segment. The asset management industry is currently experiencing a shift towards passive investing and lower fees, which could impact TQAAX's ability to attract and retain investors.
Who Are TQAAX's Key Customers?
- Individual investors seeking long-term capital growth.
- Institutional investors looking for exposure to small-cap U.S. growth companies.
- Financial advisors seeking investment solutions for their clients.
- Retirement plans and other institutional accounts.
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
TQAAX Financials
Bull Case vs Bear Case
Bull Case
- Experienced investment management team.
- Disciplined investment process.
- Established brand reputation.
- Focus on small-cap growth stocks.
Bear Case
- Higher volatility compared to the broader market.
- Dependence on the performance of small-cap companies.
- Absence of dividend payments.
- Susceptibility to economic downturns.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
TQAAX Latest News
No recent news available for TQAAX.
TQAAX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for TQAAX.
Price Targets
Wall Street price target analysis for TQAAX.
TQAAX MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for TQAAX; grades run from A+ (80-100) to F (below 30).
What Investors Ask About T. Rowe Price QM U.S. Small-Cap Growth Equity Fund Advisor Class (TQAAX) — Financials
What does T. Rowe Price QM U.S. Small-Cap Growth Equity Fund Advisor Class do?
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund Advisor Class (TQAAX) is designed to achieve long-term capital growth by investing primarily in the common stocks of small U.S. growth companies.
What do analysts say about TQAAX stock?
However, the fund's focus on small-cap growth companies suggests a higher risk-reward profile. Investors may want to evaluate the fund's beta of 1.21, indicating higher volatility compared to the market. The fund's performance is closely tied to the overall health and growth of the U.S. small-cap market.
What are the main risks for TQAAX?
The primary risks for TQAAX include the inherent volatility associated with small-cap stocks, as reflected in its beta of 1.21, and the fund's dependence on the performance of the U.S. small-cap market.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Competitor information is based on FMP peer tickers and may not represent a comprehensive list of all competitors.