REIPX Performance — T. Rowe Price Equity Income Fund, I Class
Data updated: 2026-08-27
REIPX returned +14.11% year to date and +23.16% over one year to Jun 2026. Annualised returns are +16.20% over 3 years and +10.60% over 5 years. Against its US Large Value category average the fund came out behind over three years but ahead over one: $100 invested three years ago grew to $157, against $158 for the category, and to $123 over one year, against $121. Volatility over the past three years was 12.26% a year. In the 12 months to Jun 2026 the fund lost a net $1.8B, and assets reached $17.67B.
REIPX Growth of $100
What $100 invested in T. Rowe Price Equity Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the US Large Value category average over the same months.
| Period | REIPX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $123 | $121 |
| 3 years (Jul 2023 – Jun 2026) | $157 | $158 |
| 5 years (Jul 2021 – Jun 2026) | $165 | $165 |
| Since data start (Jul 2019 – Jun 2026) | $218 | $223 |
REIPX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +14.11% |
| 1 year | +23.16% |
| 3 years (annualised) | +16.20% |
| 5 years (annualised) | +10.60% |
REIPX Annual Returns
Calendar-year total returns of T. Rowe Price Equity Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +14.11% |
| 2025 | +14.73% |
| 2024 | +12.00% |
| 2023 | +9.74% |
| 2022 | −3.12% |
| 2021 | +25.79% |
| 2020 | +1.46% |
| 2019 (Jul–Dec) | +9.38% |
REIPX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.7% | +2.5% | −5.2% | +8.0% | +2.5% | +2.2% | — | — | — | — | — | — |
| 2025 | +4.6% | +1.0% | −1.5% | −4.4% | +3.9% | +2.8% | −0.8% | +4.2% | +0.4% | −0.4% | +2.2% | +2.1% |
| 2024 | −0.2% | +4.0% | +4.9% | −3.0% | +3.6% | −1.2% | +3.9% | +2.1% | +0.8% | −1.2% | +5.0% | −6.4% |
| 2023 | +5.5% | −3.7% | −2.3% | +2.2% | −5.2% | +6.5% | +4.2% | −3.9% | −3.2% | −2.5% | +7.4% | +5.5% |
| 2022 | +1.0% | 0.0% | +1.6% | −5.3% | +3.0% | −8.4% | +5.1% | −1.8% | −9.3% | +10.4% | +6.7% | −4.1% |
| 2021 | −0.4% | +6.7% | +6.8% | +4.1% | +2.8% | −2.4% | −0.6% | +2.4% | −2.7% | +4.3% | −3.6% | +6.6% |
| 2020 | −3.0% | −10.3% | −17.7% | +9.6% | +2.8% | +0.6% | +3.9% | +3.3% | −3.8% | −0.4% | +16.4% | +4.3% |
| 2019 | — | — | — | — | — | — | +1.3% | −2.8% | +3.8% | +0.6% | +3.3% | +2.9% |
REIPX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 12.26%
- 3-year Sharpe ratio: 0.95 (vs 4.5% risk-free rate)
- Best month: +7.97% (Apr 2026)
- Worst month: −6.42% (Dec 2024)
REIPX Fund Flows
Monthly money in and out of T. Rowe Price Equity Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$1.8B
- 12-month gross sales (incl. reinvestments): $4.9B
- Sales ÷ redemptions: 0.73×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $1.0B | $1.1B | −$62.2M |
| May 2026 | $57.5M | $678.8M | −$621.3M |
| Apr 2026 | $377.9M | $222.7M | $155.2M |
| Mar 2026 | $431.6M | $549.9M | −$118.3M |
| Feb 2026 | $198.5M | $308.9M | −$110.4M |
| Jan 2026 | $485.0M | $697.3M | −$212.3M |
| Dec 2025 | $514.9M | $456.1M | $58.8M |
| Nov 2025 | $338.8M | $440.7M | −$101.9M |
| Oct 2025 | $402.8M | $576.3M | −$173.5M |
| Sep 2025 | $627.4M | $671.4M | −$44.0M |
| Aug 2025 | $431.8M | $564.6M | −$132.8M |
| Jul 2025 | $56.8M | $484.7M | −$427.9M |
REIPX Assets Under Management
Net assets of T. Rowe Price Equity Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $17.67B |
| 2026-03-31 | $16.17B |
| 2025-12-31 | $16.50B |
| 2025-09-30 | $16.37B |
| 2025-06-30 | $16.42B |
| 2025-03-31 | $16.66B |
| 2024-12-31 | $16.89B |
| 2024-09-30 | $18.16B |
| 2024-06-30 | $17.62B |
| 2024-03-31 | $18.19B |
| 2023-12-31 | $17.05B |
| 2023-09-30 | $15.92B |
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.