The T. Rowe Price Equity Income strategy benefits from an experienced manager, strong analyst team, and well-executed process. The priciest share class of the mutual fund earns a Morningstar Analyst Rating of Bronze, though others, including the exchange-traded-fund run in parallel, receive Silver. Subadvised John Hancock Equity Income receives ratings from Neutral to Silver based on share class fee levels.
Morningstar’s Fund Analysis PRFDX
Will PRFDX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRFDX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PRFDX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PRFDX’s parent organization’s priorities and whether they’re in line with investors’ interests.