OTCFX Fees and Costs — T. Rowe Price Small-Cap Stock Fund, Inc.
Data updated: 2026-08-27
The net expense ratio is 0.92%: a 0.73% management fee plus 0.19% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $8.3M in broker commissions, 0.1015% of average net assets, and portfolio turnover was 78%.
OTCFX Fees and Expenses
Annual operating expenses and sales charges of OTCFX. Prospectus, as of February 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.73% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.92% |
| Fee waiver | — |
| Net expense ratio | 0.92% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
OTCFX Costs Over Time
On $10,000 invested in OTCFX, assuming 5% a year before costs, total costs come to $639 over 5 years, cutting the return by 1.07% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.92%) | $97 | $301 | $522 |
| Trading costs (broker commissions) | $11 | $33 | $58 |
| Lost growth on money paid in costs | $0 | $17 | $59 |
| Total costs | $107 | $351 | $639 |
| Value after costs | $10,393 | $11,225 | $12,124 |
| Impact on return, per year | 1.07% | 1.07% | 1.07% |
OTCFX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.1015%
- Total broker commissions: $8.3M
- Bought from dealers (principal trades, not a cost): $449.3M
- Portfolio turnover (prospectus): 78%
- Securities lending: none during the year
OTCFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $1.0M | 19.72% |
| J.P. MORGAN SECURITIES LLC | $676K | 13.15% |
| GOLDMAN SACHS & CO. LLC | $653K | 12.71% |
| BOFA SECURITIES, INC. | $545K | 10.60% |
| TD Securities Ltd. | $484K | 9.41% |
| JEFFERIES LLC | $430K | 8.37% |
| RBC Capital Markets, LLC | $364K | 7.08% |
| BERNSTEIN INSTITUTIONAL SERVICES LLC | $347K | 6.75% |
| UBS AG | $325K | 6.33% |
| KEEFE, BRUYETTE & WOODS, INC. | $302K | 5.87% |
OTCFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $83.7M | 24.45% |
| MORGAN STANLEY & CO. LLC | $55.0M | 16.08% |
| JEFFERIES LLC | $45.8M | 13.37% |
| BOFA SECURITIES, INC. | $39.0M | 11.40% |
| GOLDMAN SACHS & CO. LLC | $38.9M | 11.37% |
| LEERINK PARTNERS LLC | $20.8M | 6.08% |
| TD Securities Ltd. | $16.2M | 4.74% |
| Guggenheim Securities, LLC | $15.5M | 4.53% |
| Citigroup Inc. | $15.1M | 4.40% |
| STIFEL NICOLAUS EUROPE LIMITED | $12.3M | 3.58% |
T. Rowe Price Small-Cap Stock Fund, Inc. Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TRZZX | Z Class | 0.00% | — |
| OTIIX | I Class | 0.77% | — |
| OTCFX | T. Rowe Price Small-Cap Stock Fund, Inc. | 0.92% | — |
| PASSX | Advisor Class | 1.17% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.