RCLIX Fees and Costs — T. Rowe Price U.S. Large-Cap Core Fund, Inc., I Class
Data updated: 2026-08-27
The net expense ratio is 0.57%: a 0.53% management fee plus 0.04% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3.3M in broker commissions, 0.0170% of average net assets, and portfolio turnover was 65%.
RCLIX Fees and Expenses
Annual operating expenses and sales charges of RCLIX. Prospectus, as of February 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.53% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.04% |
| Gross expense ratio | 0.57% |
| Fee waiver | — |
| Net expense ratio | 0.57% |
| 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 | Yes |
RCLIX Costs Over Time
On $10,000 invested in RCLIX, assuming 5% a year before costs, total costs come to $370 over 5 years, cutting the return by 0.62% 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 0.57%) | $60 | $188 | $327 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $62 | $203 | $370 |
| Value after costs | $10,438 | $11,374 | $12,393 |
| Impact on return, per year | 0.62% | 0.62% | 0.62% |
RCLIX 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): 0.0170%
- Total broker commissions: $3.3M
- Bought from dealers (principal trades, not a cost): $42.1M
- Portfolio turnover (prospectus): 65%
- Securities on loan, average value: $7.4M
- Net income from securities lending: —
RCLIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $419K | 19.44% |
| Citigroup Inc. | $263K | 12.22% |
| EVERCORE GROUP L.L.C. | $245K | 11.38% |
| JEFFERIES LLC | $222K | 10.30% |
| Virtu ITG Hong Kong Limited | $198K | 9.19% |
| TD Securities Ltd. | $192K | 8.93% |
| RBC Capital Markets, LLC | $170K | 7.91% |
| MIZUHO SECURITIES USA LLC | $167K | 7.78% |
| STIFEL NICOLAUS EUROPE LIMITED | $148K | 6.87% |
| GOLDMAN SACHS & CO. LLC | $129K | 5.99% |
RCLIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $20.1M | 47.81% |
| BOFA SECURITIES, INC. | $10.6M | 25.28% |
| GOLDMAN SACHS & CO. LLC | $5.1M | 12.15% |
| WELLS FARGO SECURITIES, LLC | $1.6M | 3.91% |
| BARCLAYS CAPITAL INC. | $1.6M | 3.91% |
| RBC Capital Markets, LLC | $731K | 1.74% |
| MORGAN STANLEY & CO. LLC | $731K | 1.74% |
| Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. | $731K | 1.74% |
| MIZUHO SECURITIES USA LLC | $731K | 1.74% |
T. Rowe Price U.S. Large-Cap Core 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 |
|---|---|---|---|
| TRZLX | Z Class | 0.00% | — |
| RCLIX | I Class | 0.57% | — |
| TRULX | T. Rowe Price U.S. Large-Cap Core Fund, Inc. | 0.64% | — |
| PAULX | Advisor Class | 0.98% | — |
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.