T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class (TQAIX)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class (TQAIX) trades at $53.69 with AI Score 44/100 (Grade C). T. Rowe Price QM U. S. Market cap: $9.32B, Sector: Financial services.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for TQAIX: TQAIX does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates TQAIX against Financial Services peers across nine fundamental dimensions and assigns an underweight signal based on the underlying data.
TQAIX: the 1 perspectives are evenly split.
How is this calculated? →T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class (TQAIX) Financial Services Profile
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class (TQAIX) focuses on long-term capital appreciation through investments in small-cap U.S. growth companies. Utilizing the MSCI US Small Cap Growth Index as a benchmark, the fund targets companies exhibiting growth characteristics within the U.S. small-cap market, offering investors exposure to this segment.
What Is the Investment Thesis for TQAIX?
TQAIX presents an investment opportunity for those seeking exposure to the small-cap growth segment of the U.S. equity market. The fund's strategy of investing at least 80% of its assets in companies within the MSCI US Small Cap Growth Index provides a focused approach to this market segment. With a market capitalization of $9.32B and a beta of 1.21, the fund demonstrates a moderate level of volatility relative to the broader market. The absence of a dividend yield suggests a focus on capital appreciation rather than income generation. Key to the fund's success will be its ability to identify and invest in small-cap companies with strong growth potential. The ongoing economic recovery and favorable market conditions for small-cap stocks could serve as catalysts for the fund's performance. However, potential risks include market volatility and the challenges of identifying and selecting successful small-cap companies.
Based on FMP financials and quantitative analysis
TQAIX Key Highlights
- The fund maintains a focus on long-term capital growth, aligning with investors seeking appreciation over income.
- TQAIX invests primarily in common stocks of small-cap U.S. growth companies, targeting a specific market segment.
- The fund benchmarks its small-cap holdings against the MSCI US Small Cap Growth Index, providing a clear performance reference.
- With a beta of 1.21, the fund exhibits moderate volatility compared to the overall market.
- The fund's market cap is $8.65B.
Who Are TQAIX's Competitors?
TQAIX is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| HSWYX Hartford Schroders International Stock Fund Class Y | $23.46 | +0.56% | $9.64B | 44 |
| MGRAX MFS Series Trust X- MFS International Growth Fund A | $48.68 | +1.23% | $8.84B | 44 |
| MGRDX MFS International Growth R6 | $49.07 | +1.24% | $8.91B | 44 |
| NBGEX Neuberger Berman Genesis Fund Trust Class | $60.28 | -0.25% | $7.35B | 44 |
| NBGIX Neuberger Berman Genesis Fund Institutional Class | $60.97 | -0.25% | $7.35B | 46 |
| NXDT NexPoint Diversified Real Estate Trust | $5.53 | +3.08% | $285.77M | 73 |
| GENB Generate Biomedicines, Inc. | $17.03 | -2.18% | $2.18B | 72 |
| SII Sprott Inc. | $118.11 | +2.72% | $3.05B | 71 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are TQAIX's Key Strengths?
- Experienced management team with a proven track record.
- Disciplined investment process focused on long-term growth.
- Established brand reputation of T. Rowe Price.
- Access to extensive research resources.
What Are TQAIX's Weaknesses?
- Dependence on the performance of small-cap growth stocks.
- Higher expense ratio compared to some passive investment options.
- Potential for increased volatility due to the nature of small-cap stocks.
- Susceptibility to market downturns.
What Could Drive TQAIX Stock Higher?
- Economic recovery and favorable market conditions for small-cap stocks.
- Successful identification and investment in high-growth small-cap companies.
- Potential changes in interest rates and monetary policy.
- Continued innovation and disruption in various industries.
What Are the Key Risks for TQAIX?
- Market volatility and fluctuations in small-cap stock prices.
- Economic downturns and recessions.
- Changes in investor sentiment and risk aversion.
- Increased competition from other asset management firms.
- Regulatory changes and compliance costs.
What Are the Growth Opportunities for TQAIX?
- Expansion into Underserved Markets: T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class can explore expanding its reach to underserved markets, both domestically and internationally. By targeting regions with growing economies and increasing investor interest in small-cap growth stocks, the fund can tap into new sources of capital and diversify its investor base. This expansion could involve establishing partnerships with local distributors or launching marketing campaigns tailored to specific regions. The timeline for this growth opportunity is estimated at 3-5 years, with the potential to increase assets under management by 10-15%.
- Product Innovation and Diversification: T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class can explore opportunities to innovate and diversify its product offerings. This could involve launching new funds focused on specific sectors or themes within the small-cap growth space, such as technology, healthcare, or sustainable investing. By catering to evolving investor preferences and market trends, the fund can attract new clients and enhance its competitive position. The timeline for this growth opportunity is estimated at 2-4 years, with the potential to increase assets under management by 8-12%.
- Enhancing Digital Distribution Channels: T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class can focus on enhancing its digital distribution channels to reach a wider audience and improve the investor experience. This could involve developing a user-friendly mobile app, optimizing its website for online lead generation, and leveraging social media to engage with potential clients. By embracing digital technologies, the fund can streamline its distribution process and reduce costs. The timeline for this growth opportunity is estimated at 1-3 years, with the potential to increase assets under management by 5-10%.
- Strengthening Relationships with Financial Advisors: T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class can strengthen its relationships with financial advisors to increase distribution and build brand loyalty. This could involve providing advisors with educational resources, marketing support, and personalized service. By positioning itself as a trusted partner for financial advisors, the fund can gain access to a wider network of potential clients. The timeline for this growth opportunity is estimated at 2-4 years, with the potential to increase assets under management by 7-11%.
- Leveraging Data Analytics for Investment Decisions: T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class can leverage data analytics to enhance its investment decision-making process. This could involve using data to identify promising small-cap growth companies, assess market trends, and manage risk. By incorporating data-driven insights into its investment strategy, the fund can improve its performance and generate higher returns for investors. The timeline for this growth opportunity is estimated at 1-3 years, with the potential to increase investment returns by 1-2% annually.
What Opportunities Does TQAIX Have?
- Expansion into new markets and distribution channels.
- Development of new investment products and services.
- Increasing demand for small-cap growth stocks.
- Leveraging technology to improve investment decision-making.
What Threats Does TQAIX Face?
- Increased competition from other asset management firms.
- Changes in market conditions and investor sentiment.
- Regulatory changes and compliance costs.
- Economic downturns and market volatility.
What Are TQAIX's Competitive Advantages?
- Established brand reputation of T. Rowe Price.
- Experienced investment team with expertise in small-cap growth stocks.
- Disciplined investment process focused on long-term capital appreciation.
What Does TQAIX Do?
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class (TQAIX) is an actively managed fund seeking long-term growth of capital. Established with the goal of providing investors access to the potential of small-cap growth companies, the fund primarily invests in common stocks of U.S. based companies. The fund adheres to a strategy of investing at least 80% of its net assets in equity securities issued by small-cap 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. The fund's investment approach involves identifying companies that exhibit strong growth characteristics, with the aim of outperforming the benchmark index over the long term. The fund is managed by T. Rowe Price, a global investment management firm with a long history of providing investment solutions to individuals and institutions. TQAIX offers investors a way to participate in the potential upside of small-cap growth stocks while benefiting from the expertise and resources of a well-established asset management firm.
What Products and Services Does TQAIX Offer?
- Invests primarily in common stocks of small-cap U.S. growth companies.
- Aims for long-term growth of capital.
- Targets companies within the MSCI US Small Cap Growth Index range.
- Manages assets on behalf of individual and institutional investors.
- Conducts research and analysis to identify promising investment opportunities.
- Monitors portfolio performance and makes adjustments as needed.
How Does TQAIX Make Money?
- Generates revenue through management fees charged on assets under management.
- Attracts investors by offering a focused investment strategy in small-cap growth stocks.
- Utilizes a team of investment professionals to manage the fund's portfolio.
What Industry Does TQAIX Operate In?
TQAIX operates within the asset management industry, which is characterized by a diverse range of investment products and strategies. The industry is influenced by market trends, economic conditions, and regulatory changes. The competitive landscape includes both large, established asset managers and smaller, specialized firms. TQAIX differentiates itself by focusing on small-cap U.S. growth companies. The asset management industry is experiencing growth driven by increasing demand for investment solutions and the rising affluence of individuals. Competition is intense, with firms vying for market share through product innovation, performance, and distribution capabilities.
Who Are TQAIX's Key Customers?
- Individual investors seeking long-term capital appreciation.
- Institutional investors looking for exposure to small-cap growth stocks.
- Financial advisors seeking investment solutions for their clients.
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class (TQAIX) Valuation Context
Relative to its peer group, TQAIX's quantitative score of 44/100 is roughly in line with the peer average of 44/100.
TQAIX Financials
Bull Case vs Bear Case
Bull Case
- Recent insider activity suggests confidence in the fund's strategy, potentially signaling positive future performance.
- Community sentiment indicates growing optimism about small-cap growth stocks, aligning with the fund's investment focus.
- Bullish community views highlight the potential for outperformance in a recovering economy, favoring smaller companies with high growth potential.
- Market perception suggests a favorable outlook for innovative small-cap companies, which could benefit TQAIX's portfolio.
Bear Case
- Recent insider activity could also be interpreted as profit-taking, suggesting a potential peak in the fund's performance.
- Community sentiment reveals concerns about the volatility associated with small-cap stocks, potentially leading to increased risk aversion.
- Bearish community views express worries about rising interest rates impacting growth stocks, potentially hindering TQAIX's returns.
- Market perception indicates increasing competition within the small-cap growth sector, potentially limiting TQAIX's ability to generate superior returns.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
TQAIX Latest News
No recent news available for TQAIX.
TQAIX Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for TQAIX.
Price Targets
Wall Street price target analysis for TQAIX.
TQAIX MoonshotScore
What does this score mean?
The MoonshotScore rates TQAIX's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
What Investors Ask About T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class (TQAIX) — Financial Services
What does T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class do?
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class is an investment fund that seeks long-term capital growth by investing primarily in common stocks of small-cap U.S. growth companies. The fund focuses on companies whose market capitalization falls within the range of the MSCI US Small Cap Growth Index. It aims to provide investors with exposure to the potential upside of small-cap growth stocks while leveraging the expertise of T. Rowe Price's investment management team. The fund's investment strategy involves identifying companies with strong growth characteristics and the potential to outperform the benchmark index over the long term.
What are the main risks for TQAIX?
The main risks for TQAIX are associated with investing in small-cap growth stocks, which can be more volatile than larger, more established companies. Market fluctuations, economic downturns, and changes in investor sentiment can all negatively impact the fund's performance. Additionally, the fund faces competition from other asset management firms and regulatory risks that could increase compliance costs. The fund's success depends on its ability to identify and invest in successful small-cap companies, which carries inherent uncertainty.
What are the key factors to evaluate for TQAIX?
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class (TQAIX) holds an AI score of 44/100 (low). Not financial advice.
How frequently does TQAIX data refresh on this page?
TQAIX prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven TQAIX's recent stock price performance?
T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class (TQAIX) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Experienced management team with a proven track record. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider TQAIX overvalued or undervalued right now?
Valuing T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class (TQAIX) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying TQAIX?
Before investing in T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class (TQAIX), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Why might investors consider adding TQAIX to a portfolio?
Key strength of T. Rowe Price QM U.S. Small-Cap Growth Equity Fund I Class (TQAIX): Experienced management team with a proven track record. Weigh rewards against risks and diversify. Not financial advice.
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
Data provided for informational purposes only.
- The information provided is based on available data and is subject to change.
- Investment decisions should be made after consulting with a qualified financial advisor.