TRLUX Fees and Costs — T. Rowe Price Large-Cap Value Fund
Data updated: 2026-08-27
The net expense ratio is 0.70%: a 0.54% management fee plus 0.25% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $514K in broker commissions, 0.0160% of average net assets, and portfolio turnover was 31%.
TRLUX Fees and Expenses
Annual operating expenses and sales charges of TRLUX. Prospectus, as of February 25, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.54% |
| 12b-1 fee | — |
| Other expenses | 0.25% |
| Gross expense ratio | 0.79% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.70% |
| 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 |
TRLUX Costs Over Time
On $10,000 invested in TRLUX, assuming 5% a year before costs, total costs come to $450 over 5 years, cutting the return by 0.75% 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 0.70%) | $74 | $230 | $400 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $12 | $41 |
| Total costs | $75 | $247 | $450 |
| Value after costs | $10,425 | $11,329 | $12,312 |
| Impact on return, per year | 0.75% | 0.75% | 0.75% |
TRLUX 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): 0.0160%
- Total broker commissions: $514K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 31%
- Securities on loan, average value: $24.9M
- Net income from securities lending: $137K (0.004% of average net assets)
TRLUX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| RBC Capital Markets, LLC | $72K | 18.70% |
| Citigroup Inc. | $57K | 14.81% |
| GOLDMAN SACHS & CO. LLC | $53K | 13.79% |
| JEFFERIES LLC | $43K | 11.36% |
| BOFA SECURITIES, INC. | $43K | 11.34% |
| EVERCORE GROUP L.L.C. | $29K | 7.59% |
| J.P. MORGAN SECURITIES LLC | $27K | 7.10% |
| TD Securities Ltd. | $26K | 6.75% |
| BMO Capital Markets Corp. | $19K | 4.92% |
| MORGAN STANLEY & CO. LLC | $14K | 3.64% |
T. Rowe Price Large-Cap Value Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TILCX | I Class | 0.56% | — |
| TRLUX | T. Rowe Price Large-Cap Value Fund | 0.70% | — |
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.