RRMGX Fees and Costs — T. Rowe Price Mid-Cap Growth Fund, Inc., R Class
Data updated: 2026-08-27
The net expense ratio is 1.31%: a 0.61% management fee, a 0.50% 12b-1 fee plus 0.20% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $5.1M in broker commissions, 0.0184% of average net assets, and portfolio turnover was 32%.
RRMGX Fees and Expenses
Annual operating expenses and sales charges of RRMGX. Prospectus, as of February 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.61% |
| 12b-1 fee | 0.50% |
| Other expenses | 0.20% |
| Gross expense ratio | 1.31% |
| Fee waiver | — |
| Net expense ratio | 1.31% |
| 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 |
RRMGX Costs Over Time
On $10,000 invested in RRMGX, assuming 5% a year before costs, total costs come to $825 over 5 years, cutting the return by 1.39% 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 1.31%) | $138 | $428 | $739 |
| Trading costs (broker commissions) | $2 | $6 | $10 |
| Lost growth on money paid in costs | $0 | $22 | $76 |
| Total costs | $139 | $455 | $825 |
| Value after costs | $10,361 | $11,121 | $11,937 |
| Impact on return, per year | 1.39% | 1.39% | 1.39% |
RRMGX 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): 0.0184%
- Total broker commissions: $5.1M
- Bought from dealers (principal trades, not a cost): $273.7M
- Portfolio turnover (prospectus): 32%
- Securities lending: none during the year
RRMGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $769K | 19.09% |
| J.P. MORGAN SECURITIES LLC | $742K | 18.42% |
| MORGAN STANLEY & CO. LLC | $439K | 10.89% |
| BOFA SECURITIES, INC. | $386K | 9.57% |
| Citigroup Inc. | $342K | 8.49% |
| JEFFERIES LLC | $315K | 7.81% |
| WELLS FARGO SECURITIES, LLC | $282K | 7.00% |
| BERNSTEIN INSTITUTIONAL SERVICES LLC | $259K | 6.44% |
| UBS AG | $252K | 6.26% |
| TD Securities Ltd. | $244K | 6.04% |
RRMGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $104.3M | 46.13% |
| GOLDMAN SACHS & CO. LLC | $33.7M | 14.91% |
| MORGAN STANLEY & CO. LLC | $30.9M | 13.68% |
| JEFFERIES LLC | $15.6M | 6.88% |
| BMO Capital Markets Corp. | $8.4M | 3.73% |
| TD Securities Ltd. | $8.2M | 3.64% |
| Citigroup Inc. | $7.0M | 3.10% |
| BOFA SECURITIES, INC. | $6.3M | 2.78% |
| MACQUARIE CAPITAL (USA) INC. | $6.1M | 2.68% |
| Deutsche Bank Securities Inc. | $5.6M | 2.49% |
T. Rowe Price Mid-Cap Growth 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 |
|---|---|---|---|
| TRQZX | Z Class | 0.00% | — |
| RPTIX | I Class | 0.63% | — |
| RPMGX | T. Rowe Price Mid-Cap Growth Fund, Inc. | 0.77% | — |
| PAMCX | Advisor Class | 1.02% | — |
| RRMGX | R Class | 1.31% | — |
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.