T. Rowe Price Diversified Mid-Cap Growth Fund, Inc.
Fund
RPTTX
Price as of:
$49.28
+ $0.10
+ 0.20%
Primary Theme
fund company
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
4.7%
1 yr return
9.3%
3 Yr Avg Return
16.6%
5 Yr Avg Return
7.9%
Net Assets
$4.59 B
Holdings in Top 10
22.6%
52 WEEK LOW AND HIGH
$49.2
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.67%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 33.30%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 06/01/2026Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
RPTTX - Profile
Distributions
- YTD Total Return 4.7%
- 3 Yr Annualized Total Return 16.6%
- 5 Yr Annualized Total Return 7.9%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.27%
- Dividend Yield 7.9%
- Dividend Distribution Frequency Annual
Fund Details
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Legal NameT. Rowe Price Diversified Mid-Cap Growth Fund, Inc.
-
Fund Family NameTROWEPRICE
-
Inception DateMay 03, 2017
-
Shares OutstandingN/A
-
Share ClassI
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerDonald Peters
Fund Description
p id="xdx_A82_eoef--StrategyNarrativeTextBlock_zWy6Ggsf15v4" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"span style="-sec-ix-redline: true"span id="xdx_90D_eoef--StrategyPortfolioConcentration_c20260225__20260225__dei--LegalEntityAxis__custom--S000002073Member_zxkdrc1beiE7"The fund normally invests at least 80% of its net assets (plus any borrowings for investment purposes) in a broadly diversified portfolio of common stocks of mid-cap growth companies./span Any derivatives that provide exposure to the investment focus suggested by the fund’s name, or to one or more market risk factors associated with the investment focus suggested by the fund’s name, are counted (as applicable) toward compliance with the fund’s 80% investment policy. /span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" /p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"span style="-sec-ix-redline: true"The fund considers a company to be a mid-cap growth company if the company’s securities are (i) represented in the Russell Midcapspan style="font-family: Times New Roman, Times, Serif"sup® /sup/spanGrowth Index; or (ii) represented in an appropriate third-party growth-oriented index and the company’s market capitalization falls within the market capitalization range of companies in the Russell Midcap Index, MSCI USA Mid Cap Index, or MSCI World Mid Cap Index (after systematically removing any companies that cannot reasonably be considered a mid-cap company from the high and low ends of the range of each index). The market capitalizations of the companies in the indexes change over time and the indexes are periodically reconstituted to ensure that they continue to accurately reflect the mid-cap equity market. As of December 31, 2025, the market capitalization range represented across the Russell Midcap Index, MSCI USA Mid Cap Index, and MSCI World Mid Cap Index (after removing any outlier companies) was $1.8 billion to $98 billion. /span/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" /p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"The fund has the flexibility to purchase some large-cap and small-cap companies that have qualities consistent with the portfolio’s core characteristics. The adviser expects the earnings of these companies to grow at a faster rate than the average company. The portfolio is broadly diversified, and the top 25 holdings are not expected to constitute a large portion of the fund’s assets. This broad diversification should help reduce the effects of individual security price volatility on overall fund performance./p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" /p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"Stock selection is based on a combination of fundamental, bottom-up analysis and top-down quantitative strategies in an effort to identify companies with superior long-term appreciation prospects. The adviser generally uses a growth approach, looking for companies with one or more of the following characteristics:/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" /p table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"tr style="vertical-align: top" td style="width: 15pt"●/tdtda demonstrated ability to consistently increase revenues, earnings, and cash flow;/td/tr/table p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"/p table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"tr style="vertical-align: top" td style="width: 15pt"●/tdtdcapable management;/td/tr/table p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"/p table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"tr style="vertical-align: top" td style="width: 15pt"●/tdtdattractive business niches; and/td/tr/table p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt"/p table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0pt; margin-bottom: 0pt"tr style="vertical-align: top" td style="width: 15pt"●/tdtda sustainable competitive advantage./td/tr/table p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt" /p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"Valuation measures, such as a company’s price/earnings (P/E) ratio relative to the market and its own growth rate, are also considered. The adviser typically limits holdings of high-yielding stocks, but the payment of dividends—even above-average dividends—does not disqualify a stock from consideration. Most holdings are expected to have relatively low dividend yields./p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0" /p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"/p p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt 0"span style="-sec-ix-redline: true"At times, the fund may have a significant portion of its assets invested in the same economic sector./span/p
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RPTTX - Performance
Return Ranking - Trailing
| Period | RPTTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.7% | -12.4% | 52.4% | 70.25% |
| 1 Yr | 9.3% | -20.3% | 94.5% | 60.13% |
| 3 Yr | 16.6%* | -4.9% | 35.5% | 39.62% |
| 5 Yr | 7.9%* | -6.1% | 33.5% | 14.69% |
| 10 Yr | N/A* | 3.6% | 51.6% | 25.15% |
* Annualized
Return Ranking - Calendar
| Period | RPTTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 2.5% | -46.8% | 36.1% | 29.11% |
| 2024 | 16.5% | -16.5% | 83.2% | 24.89% |
| 2023 | 11.4% | -27.7% | 68.0% | 81.78% |
| 2022 | -25.4% | -85.6% | 52.8% | 19.62% |
| 2021 | 2.9% | -74.9% | 238.3% | 39.13% |
Total Return Ranking - Trailing
| Period | RPTTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 4.7% | -12.4% | 52.4% | 70.25% |
| 1 Yr | 9.3% | -20.3% | 94.5% | 60.13% |
| 3 Yr | 16.6%* | -4.9% | 35.5% | 39.62% |
| 5 Yr | 7.9%* | -6.1% | 33.5% | 14.69% |
| 10 Yr | N/A* | 3.6% | 51.6% | 23.33% |
* Annualized
Total Return Ranking - Calendar
| Period | RPTTX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2025 | 10.5% | -20.1% | 39.3% | 27.00% |
| 2024 | 25.9% | -2.3% | 88.8% | 12.66% |
| 2023 | 19.2% | -26.1% | 68.0% | 59.96% |
| 2022 | -24.5% | -67.0% | 56.8% | 30.70% |
| 2021 | 13.9% | -23.5% | 342.2% | 43.26% |
NAV & Total Return History
RPTTX - Holdings
Concentration Analysis
| RPTTX | Category Low | Category High | RPTTX % Rank | |
|---|---|---|---|---|
| Net Assets | 4.59 B | 4.86 M | 89.9 B | 20.04% |
| Number of Holdings | 273 | 17 | 3393 | 6.33% |
| Net Assets in Top 10 | 964 M | 653 K | 13.6 B | 27.00% |
| Weighting of Top 10 | 22.64% | 5.7% | 97.9% | 78.90% |
Top 10 Holdings
- HOWMET AEROSPACE INC 3.25%
- VERTIV HOLDINGS CO 3.09%
- ROYAL CARIBBEAN CRUISES LTD 2.57%
- HILTON WORLDWIDE HOLDINGS INC 2.23%
- CLOUDFLARE INC 2.14%
- CENCORA INC 2.10%
- QUANTA SERVICES INC 1.96%
- MONOLITHIC POWER SYSTEMS INC 1.85%
- Vistra Corp 1.73%
- TARGA RESOURCES CORP 1.71%
Asset Allocation
| Weighting | Return Low | Return High | RPTTX % Rank | |
|---|---|---|---|---|
| Stocks | 99.09% | 49.15% | 114.03% | 36.71% |
| Preferred Stocks | 0.75% | 0.00% | 15.48% | 5.49% |
| Cash | 0.65% | 0.00% | 50.67% | 66.67% |
| Other | 0.00% | -0.18% | 14.15% | 86.29% |
| Convertible Bonds | 0.00% | 0.00% | 0.05% | 81.01% |
| Bonds | 0.00% | 0.00% | 2.74% | 82.49% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | RPTTX % Rank | |
|---|---|---|---|---|
| Technology | 34.76% | 0.04% | 62.17% | 32.70% |
| Consumer Cyclical | 16.17% | 0.00% | 57.41% | 31.65% |
| Healthcare | 16.05% | 0.00% | 37.06% | 67.93% |
| Industrials | 12.74% | 0.00% | 38.23% | 68.14% |
| Financial Services | 5.65% | 0.00% | 43.01% | 63.29% |
| Communication Services | 3.51% | 0.00% | 16.67% | 34.39% |
| Real Estate | 3.12% | 0.00% | 19.28% | 40.51% |
| Consumer Defense | 2.76% | 0.00% | 16.40% | 39.45% |
| Energy | 2.69% | 0.00% | 62.10% | 36.08% |
| Basic Materials | 2.55% | 0.00% | 17.25% | 40.30% |
| Utilities | 0.00% | 0.00% | 12.94% | 86.71% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | RPTTX % Rank | |
|---|---|---|---|---|
| US | 99.09% | 46.79% | 114.03% | 33.12% |
| Non US | 0.00% | 0.00% | 33.97% | 94.73% |
RPTTX - Expenses
Operational Fees
| RPTTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.67% | 0.01% | 6.54% | 85.23% |
| Management Fee | 0.63% | 0.00% | 1.50% | 29.96% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.00% | 0.40% | N/A |
Sales Fees
| RPTTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.00% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| RPTTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| RPTTX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 33.30% | 0.00% | 250.31% | 42.92% |
RPTTX - Distributions
Dividend Yield Analysis
| RPTTX | Category Low | Category High | RPTTX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 7.95% | 0.00% | 33.43% | 1.69% |
Dividend Distribution Analysis
| RPTTX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annual | Annual | SemiAnnual | Annual |
Net Income Ratio Analysis
| RPTTX | Category Low | Category High | RPTTX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | -0.27% | -2.24% | 2.75% | 23.40% |
Capital Gain Distribution Analysis
| RPTTX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 15, 2025 | $0.690 | CapitalGainShortTerm |
| Dec 15, 2025 | $3.024 | CapitalGainLongTerm |
| Dec 16, 2024 | $0.002 | OrdinaryDividend |
| Dec 16, 2024 | $3.915 | CapitalGainLongTerm |
| Dec 16, 2024 | $3.917 | OrdinaryDividend |
| Dec 15, 2023 | $0.020 | OrdinaryDividend |
| Dec 15, 2023 | $2.723 | CapitalGainLongTerm |
| Dec 15, 2022 | $0.060 | CapitalGainShortTerm |
| Dec 15, 2022 | $0.372 | CapitalGainLongTerm |
| Dec 14, 2021 | $4.880 | OrdinaryDividend |
| Dec 14, 2020 | $2.255 | OrdinaryDividend |
| Dec 13, 2019 | $0.090 | OrdinaryDividend |
| Dec 13, 2019 | $0.140 | CapitalGainShortTerm |
| Dec 13, 2019 | $0.550 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.330 | CapitalGainShortTerm |
| Dec 13, 2018 | $1.000 | CapitalGainLongTerm |
| Dec 13, 2018 | $0.130 | OrdinaryDividend |
| Dec 14, 2017 | $0.060 | OrdinaryDividend |
| Dec 14, 2017 | $0.160 | CapitalGainShortTerm |
| Dec 14, 2017 | $0.900 | CapitalGainLongTerm |
RPTTX - Fund Manager Analysis
Managers
Donald Peters
Start Date
Tenure
Tenure Rank
Dec 31, 2003
18.43
18.4%
Donald J. Peters is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He manages major institutional relationships in the structured active and tax-efficient strategies. He is a vice president of T. Rowe Price Group, Inc. Mr. Peters has been in investment industry since 1986 and has been with T. Rowe Price since 1993. Prior to joining the firm in 1993, he was a portfolio manager for Geewax, Terker and Company. Mr. Peters is a former naval officer and was interviewed and selected by Admiral Hyman G. Rickover to work at his headquarters for the Navy's nuclear propulsion program. Mr. Peters earned a B.A., summa cum laude, in economics from Tulane University and an M.B.A. in finance from The Wharton School, University of Pennsylvania. He is also a member of Phi Beta Kappa. Mr. Peters is the author of "Valuing a Growth Stock," Journal of Portfolio Management, Spring 1991; "Are Earnings Surprises Predictable?," Journal of Investing, Summer 1993; "The Influence of Size on Earnings Surprise Predictability," Journal of Investing, Winter 1993; (with Richard T. Whitney) "The Changing Balance of Power Between the Buy and Sell Sides," Journal of Investing, Fall 1996; (with Mary J. Miller) "Taxable Investors Need Different Strategies," Journal of Investing, Fall 1998; "What a Portfolio Manager Needs to Successfully Implement a Tax Efficient Strategy," Journal of Investing, Spring 2003; (with Sudhir Nanda) "A Very Long-Term Buy-and-Hold Portfolio," Journal of Portfolio Management, Spring 2006; "Taxable Investors Deserve Better," Journal of Investing, Spring 2017; and A Contrarian Strategy for Growth Stock Investing, Quorum Books, 1993. Mr. Peters is a trustee and chairman of the Investment Committee of the Baltimore Museum of Art. He is also a member of Tulane University's President's Council.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 36.3 | 9.62 | 11.76 |