The Fund Grade · free · no account needed

What grade does PRDMX get?

Morningstar rates funds on what they returned. We grade them on where their money sits today: how much of the book overlaps with the converged buys of the top specialist stock pickers.

C

Fundprints Fund Grade · as of 2026-10-01

T. Rowe Price Diversified Mid Cap Growth Fund

#292 of 500 graded active funds · growth · mid segment peer group

The point · specialist footprint

PRDMX puts less of its book behind proven specialists than 85% of graded funds.

● Bottom 20%

Bottom 40%

Middle

Top 40%

Top 20%

beat the S&P in 22% of quarters+3.8%/qtr better · 43% beat rate

That has mattered: over the past 2.7 years, funds with this little specialist backing trailed top-rung funds by about 3.8% per quarter and beat the S&P in only 22% of fund-quarters. If it also charges an active fee, the higher-graded alternatives deserve a look.

10,000+ funds tracked · the graded specialists among them drive every read

3 funds in the same segment carry an A. Members see the names and what they charge. See the alternatives →

The grade scores this fund's specialist share, the slice that overlaps what the top 1% of proven funds are building. We ignore index ballast and names outside our edge on purpose: that slice is small, and it's what decides the outcome.

PRDMX vs the Honor Roll · share card ↗

Conviction exposure

3.7%

of the book in specialist-converged names

Late-stage weight

32.5%

of the book in Crowded or Fading names

Active share

82.3%

how far it strays from the index

The best grades have beaten the worst by about +5% a year since we began grading. The gap held in 9 out of 10 months. Measured on filings as they were published, no hindsight.

Inside the book: top names by stage · as of 2026-10-20

Early Conviction
NET 2.1%PWR 2%CAH 1.1%+24 locked
Consensus
HLT 2.2%AMP 1.4%RBLX 1.3%+89 locked
Emerging
CVNA 1.6%DDOG 1.1%RDDT 0.7%+14 locked
Crowded
VST 1.7%TRGP 1.7%IDXX 1.6%+37 locked
Fading
HWM 3.2%VRT 3.1%MPWR 1.8%+40 locked

We email you the day it crosses 50% crowded, and where you stand every month.

Graded monthly from point-in-time filings. A description of where the money sits, not a recommendation. Evidence, not advice.

The read · what to do with it

PRDMX grades C and ranks 292 of 500, with specialist investors holding just 3.7% of the fund, a thin base of expert conviction. Five positions including HWM, VRT, MPWR, and FIX are fading as specialists exit, making up a meaningful chunk of assets. Early bright spots exist in NET, PWR, and TRGP, but they are outweighed by the crowded and fading exposure.

→ Watch the combined 9.8% weight in fading positions HWM, VRT, MPWR, and FIX closely, as specialists are actively leaving those trades.

→ Compare this fund against the 3 higher graded peers in the same mid cap growth segment, given its below median rank of 292.

Support leaving these positions

HWM 3.2% of the fund · Fading

VRT 3.1% of the fund · Fading

MPWR 1.8% of the fund · Fading

VST 1.7% of the fund · Crowded

TRGP 1.7% of the fund · Crowded

Where it's genuinely early

NET 2.1% of the fund · Early Conviction

PWR 2% of the fund · Early Conviction

CVNA 1.6% of the fund · Emerging

Read from today's disclosed book. Evidence, not advice.

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