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T. Rowe Price Tax-Efficient Equity Fund (PREFX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Fund Info

ISIN

US7799183097

CUSIP

779918309

Issuer

T. Rowe Price

Inception Date

Dec 29, 2000

Min. Investment

$2,500

Asset Class

Equity

Asset Class Size

Large-Cap

Asset Class Style

Growth

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
PREFX vs. POMIX PREFX vs. PRGTX PREFX vs. SCHD PREFX vs. SWPPX PREFX vs. TRBCX PREFX vs. SWLGX PREFX vs. VTSAX PREFX vs. PRMTX PREFX vs. VFIAX PREFX vs. PRWAX
Popular comparisons:
PREFX vs. POMIX PREFX vs. PRGTX PREFX vs. SCHD PREFX vs. SWPPX PREFX vs. TRBCX PREFX vs. SWLGX PREFX vs. VTSAX PREFX vs. PRMTX PREFX vs. VFIAX PREFX vs. PRWAX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in T. Rowe Price Tax-Efficient Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
14.08%
12.53%
PREFX (T. Rowe Price Tax-Efficient Equity Fund)
Benchmark (^GSPC)

Returns By Period

T. Rowe Price Tax-Efficient Equity Fund had a return of 32.11% year-to-date (YTD) and 36.51% in the last 12 months. Over the past 10 years, T. Rowe Price Tax-Efficient Equity Fund had an annualized return of 13.10%, outperforming the S&P 500 benchmark which had an annualized return of 11.21%.


PREFX

YTD

32.11%

1M

4.18%

6M

14.08%

1Y

36.51%

5Y (annualized)

15.24%

10Y (annualized)

13.10%

^GSPC (Benchmark)

YTD

25.15%

1M

2.97%

6M

12.53%

1Y

31.00%

5Y (annualized)

13.95%

10Y (annualized)

11.21%

Monthly Returns

The table below presents the monthly returns of PREFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20243.19%7.31%1.90%-4.37%5.68%6.25%-1.62%2.47%2.45%-0.11%32.11%
20237.67%-1.68%5.85%0.98%3.50%6.71%2.78%-0.96%-5.43%-1.45%10.99%3.46%36.14%
2022-10.51%-4.05%2.66%-12.20%-2.16%-7.68%12.12%-4.63%-9.44%5.58%5.05%-8.22%-31.10%
2021-1.02%1.95%-0.12%6.96%-1.49%6.25%3.05%3.26%-5.52%7.50%-0.85%-1.01%19.69%
20201.77%-6.53%-12.98%15.36%8.51%3.67%7.13%7.95%-3.67%-2.00%10.73%2.15%32.65%
201910.61%4.72%2.07%4.56%-5.08%7.03%1.96%-1.49%-1.26%2.24%4.84%1.48%35.50%
20187.76%-2.48%-0.99%0.40%3.45%0.96%2.19%4.82%0.09%-9.03%2.38%-9.64%-1.57%
20173.86%3.72%0.81%2.72%3.23%0.34%2.37%0.92%1.75%3.11%2.77%-2.42%25.57%
2016-8.74%-0.58%6.40%0.55%2.24%-1.30%5.30%-0.56%0.26%-2.80%2.40%0.08%2.44%
2015-0.66%6.98%-0.26%-0.44%1.95%-1.05%3.26%-5.63%-3.89%7.95%0.44%-2.17%5.77%
2014-2.17%5.74%-3.57%-3.06%3.62%2.31%-1.87%4.60%-1.97%3.63%3.04%-4.56%5.12%
20135.15%0.68%3.14%1.49%2.12%-1.27%5.54%-1.60%6.07%3.97%2.80%0.90%32.73%

Expense Ratio

PREFX features an expense ratio of 0.76%, falling within the medium range.


Expense ratio chart for PREFX: current value at 0.76% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.76%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of PREFX is 67, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.


The Risk-Adjusted Performance Rank of PREFX is 6767
Combined Rank
The Sharpe Ratio Rank of PREFX is 6868
Sharpe Ratio Rank
The Sortino Ratio Rank of PREFX is 5858
Sortino Ratio Rank
The Omega Ratio Rank of PREFX is 6464
Omega Ratio Rank
The Calmar Ratio Rank of PREFX is 7979
Calmar Ratio Rank
The Martin Ratio Rank of PREFX is 6565
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for T. Rowe Price Tax-Efficient Equity Fund (PREFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for PREFX, currently valued at 2.19, compared to the broader market-1.000.001.002.003.004.005.002.192.53
The chart of Sortino ratio for PREFX, currently valued at 2.89, compared to the broader market0.005.0010.002.893.39
The chart of Omega ratio for PREFX, currently valued at 1.40, compared to the broader market1.002.003.004.001.401.47
The chart of Calmar ratio for PREFX, currently valued at 2.51, compared to the broader market0.005.0010.0015.0020.002.513.65
The chart of Martin ratio for PREFX, currently valued at 12.43, compared to the broader market0.0020.0040.0060.0080.00100.0012.4316.21
PREFX
^GSPC

The current T. Rowe Price Tax-Efficient Equity Fund Sharpe ratio is 2.19. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of T. Rowe Price Tax-Efficient Equity Fund with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio1.502.002.503.003.50JuneJulyAugustSeptemberOctoberNovember
2.19
2.53
PREFX (T. Rowe Price Tax-Efficient Equity Fund)
Benchmark (^GSPC)

Dividends

Dividend History

T. Rowe Price Tax-Efficient Equity Fund provided a 0.00% dividend yield over the last twelve months, with an annual payout of $0.00 per share.


0.00%0.05%0.10%0.15%0.20%0.25%0.30%$0.00$0.02$0.04$0.06$0.0820132014201520162017201820192020202120222023
Dividends
Dividend Yield
PeriodTTM20232022202120202019201820172016201520142013
Dividend$0.00$0.00$0.00$0.00$0.02$0.06$0.05$0.08$0.05$0.01$0.01$0.06

Dividend yield

0.00%0.00%0.00%0.00%0.04%0.16%0.18%0.26%0.22%0.04%0.05%0.30%

Monthly Dividends

The table displays the monthly dividend distributions for T. Rowe Price Tax-Efficient Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2022$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2021$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00
2020$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.02$0.02
2019$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.06$0.06
2018$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.05$0.05
2017$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.08$0.08
2016$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.05$0.05
2015$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.01
2014$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.01$0.01
2013$0.06$0.06

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.11%
-0.53%
PREFX (T. Rowe Price Tax-Efficient Equity Fund)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the T. Rowe Price Tax-Efficient Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the T. Rowe Price Tax-Efficient Equity Fund was 56.70%, occurring on Nov 20, 2008. Recovery took 608 trading sessions.

The current T. Rowe Price Tax-Efficient Equity Fund drawdown is 1.11%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-56.7%Nov 1, 2007266Nov 20, 2008608Apr 21, 2011874
-44.94%Jan 31, 2001419Oct 7, 2002699Jul 19, 20051118
-37.26%Nov 17, 2021229Oct 14, 2022358Mar 20, 2024587
-33.97%Feb 20, 202023Mar 23, 202070Jul 1, 202093
-21.85%Aug 30, 201880Dec 24, 201866Apr 1, 2019146

Volatility

Volatility Chart

The current T. Rowe Price Tax-Efficient Equity Fund volatility is 5.23%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
5.23%
3.97%
PREFX (T. Rowe Price Tax-Efficient Equity Fund)
Benchmark (^GSPC)