TQAIX Fees and Costs — T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund, I Class
Data updated: 2026-08-27
The net expense ratio is 0.65%: a 0.63% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2.5M in broker commissions, 0.0309% of average net assets, and portfolio turnover was 47%.
TQAIX Fees and Expenses
Annual operating expenses and sales charges of TQAIX. Prospectus, as of December 31, 2024.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.65% |
| Fee waiver | — |
| Net expense ratio | 0.65% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
TQAIX Costs Over Time
On $10,000 invested in TQAIX, assuming 5% a year before costs, total costs come to $429 over 5 years, cutting the return by 0.71% 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 0.65%) | $68 | $214 | $372 |
| Trading costs (broker commissions) | $3 | $10 | $18 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $71 | $235 | $429 |
| Value after costs | $10,429 | $11,341 | $12,334 |
| Impact on return, per year | 0.71% | 0.71% | 0.71% |
TQAIX 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): 0.0309%
- Total broker commissions: $2.5M
- Bought from dealers (principal trades, not a cost): $134.3M
- Portfolio turnover (prospectus): 47%
- Securities on loan, average value: $168.2M
- Net income from securities lending: $683K (0.008% of average net assets)
TQAIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $298K | 17.23% |
| GOLDMAN SACHS & CO. LLC | $198K | 11.41% |
| JEFFERIES LLC | $196K | 11.34% |
| BOFA SECURITIES, INC. | $190K | 10.97% |
| EVERCORE GROUP L.L.C. | $175K | 10.08% |
| BMO Capital Markets Corp. | $163K | 9.41% |
| Virtu ITG Hong Kong Limited | $153K | 8.81% |
| Robert W. Baird & Co. Incorporated | $129K | 7.46% |
| J.P. MORGAN SECURITIES LLC | $121K | 7.00% |
| RBC Capital Markets, LLC | $109K | 6.30% |
TQAIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $21.0M | 21.70% |
| JEFFERIES LLC | $17.5M | 18.04% |
| GOLDMAN SACHS & CO. LLC | $15.0M | 15.51% |
| Citigroup Inc. | $9.4M | 9.72% |
| MORGAN STANLEY & CO. LLC | $9.3M | 9.62% |
| LEERINK PARTNERS LLC | $6.7M | 6.91% |
| BOFA SECURITIES, INC. | $5.2M | 5.34% |
| WELLS FARGO SECURITIES, LLC | $5.1M | 5.30% |
| BMO Capital Markets Corp. | $3.8M | 3.94% |
| TD Securities Ltd. | $3.8M | 3.91% |
T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TQAIX | I Class | 0.65% | — |
| PRDSX | T. Rowe Price Integrated U.S. Small-Cap Growth Equity Fund | 0.79% | — |
| TQAAX | Advisor Class | 1.07% | — |
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.