Should You Invest in T. Rowe Price Dividend Growth Fund (PRDGX)?

T. Rowe Price Dividend Growth (PRDGX) a Zacks Rank #1 (Strong Buy) provides increasing dividend income over time, long-term capital appreciation, and reasonable current income through investments primarily in dividend-paying stocks. VHDYX invests at least 65% of its total assets in dividend-paying common stocks that have favorable prospects for increasing dividends and long-term appreciation. Incepted in December 1992, PRDGX is managed by T. Rowe Group.

T. Rowe Price Dividend Growth, managed by T. Rowe Price, carries an expense ratio of 0.64%. Moreover, VHDYX requires a minimal initial investment of $2,500.

This fund, as of the last filing, allocates their fund in three major groups; Large Value, Large Growth and Intermediate Bond. Further, as of the last filing, Microsoft, Pfizer and General Electric were the top holdings for VHDYX.

VHDYX’s performance, as of the last filing, when compared to funds in its category was in the top 52% in 1 year, top 6% over the past 3 years, and in the 26% over the past 5 years.

VHDYX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3 and 5 year benchmarks; 1 year 11.62%, 3 year 8.68% and 5 year 13.95%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here .

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