PHEFX — T. Rowe Price Hedged Equity Fund
Data updated: 2026-05-28
PHEFX — T. Rowe Price Hedged Equity Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. United States Large Cap Blend / Core Equity · $3.83B AUM · 0.75% expense ratio · 10.5% 1-yr return. From SEC regulatory filings.
PHEFX Fund Overview
PHEFX — T. Rowe Price Hedged Equity Fund is a US mutual fund managed by T. Rowe Price Equity Funds, Inc., categorised as United States Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: T. Rowe Price Equity Funds, Inc.
- Category: United States Large Cap Blend / Core Equity
- Assets under management: $3.83B
- 1-year return: 10.5%
- Ticker: PHEFX
- SEC CIK: 0001012968
- SEC series ID: S000080479
- Share class ID: C000242902
PHEFX Holdings
Top 10 holdings of T. Rowe Price Hedged Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| T. Rowe Price Government Reserve Fund | 7.42% |
| NVIDIA Corp. | 6.37% |
| Apple, Inc. | 5.61% |
| Microsoft Corp. | 4.18% |
| Amazon.com, Inc. | 3.00% |
| Alphabet, Inc. Cl C | 2.57% |
| Broadcom, Inc. | 2.22% |
| Meta Platforms, Inc.-Class A | 1.91% |
| Alphabet, Inc. Cl A | 1.89% |
| Tesla, Inc. | 1.41% |
PHEFX Portfolio Allocation
Asset-class allocation of T. Rowe Price Hedged Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 90.9% |
| Cash & Equivalents | 7.4% |
| Fixed Income | 1.7% |
| Derivatives | 0.9% |
PHEFX Performance
Total returns for PHEFX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -2.8% |
| 1 year | 10.5% |
| 3 years (annualised) | 12.4% |
PHEFX Risk Information
Risk metrics for PHEFX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 7.0%
PHEFX Costs and Fees
PHEFX costs about $75 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.75%
- Gross expense ratio: 0.99%
- Portfolio turnover: 55%
- Brokerage commissions: 1.95 bps of average net assets (SEC N-CEN)
PHEFX Cashflows
Over the 12 months to 2026-03, T. Rowe Price Hedged Equity Fund had net outflows of $24.66M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-03 | $103.09M |
| 2026-02 | −$13.98M |
| 2026-01 | −$18.95M |
| 2025-12 | $202.53M |
| 2025-11 | −$39.94M |
| 2025-10 | −$31.25M |
PHEFX Debt Constituents
Largest debt holdings of T. Rowe Price Hedged Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| US Treasury N/b | 0.84% |
| Treasury Bill | 0.28% |
| Treasury Bill | 0.15% |
| U S Treasury Bill | 0.13% |
| U S Treasury Bill | 0.13% |
| U S Treasury Bill | 0.12% |
| U S Treasury Bill | 0.08% |
PHEFX Prospectus and SEC Filings
Official T. Rowe Price Hedged Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other United States Large Cap Blend / Core Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.