T. Rowe Price Integrated US SMCC Eq

TQSMX · NASDAQ

Market closed$29.73$-0.150000 (-0.50%)

Key statistics

Previous close$29.88

Open$29.73

Day high$29.73

Day low$29.73

52-week high$30.39

52-week low$23.02

Market cap1.92B

Volume—

Average volume—

P/E ratio20.90

Forward P/E—

EPS1.42

Dividend yield0.00%

Market context

Why it moved

TQSMX edged lower amid broad market uncertainty and subdued trading activity, as reflected by negligible volume, suggesting routine fund valuation adjustments rather than any specific catalyst.

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What is happening

Recent company-specific developments and publisher coverage.

July 16, 2026T. Rowe Price Integrated US SMCC Equity fund edged modestly higher, reflecting the broader Financial Services sector's strength as Q2 earnings season delivers standout results. Finance sector earnings are tracking up +30.2% year-over-year with near-universal beats, buoyed by record trading revenues, surging M&A advisory fees, and the SpaceX IPO tailwind across Wall Street. State Street's Q2 beat and raised outlook, alongside Goldman Sachs' record equities revenue, underscore the constructive backdrop for asset managers, even as Morningstar flags AI disruption concerns and private credit pressures as lingering risks for the sector.

0.4707

July 15, 2026T. Rowe Price Integrated US SMCC Equity fund edged modestly higher, closing up as the broader financial services sector benefited from a wave of blowout Q2 earnings across Wall Street. BlackRock topped estimates with record iShares inflows of $310B in H1 2026, while Goldman Sachs, Morgan Stanley, JPMorgan, and Citigroup all reported surging trading and investment banking revenues — a broadly constructive backdrop for asset managers. The XLF sector ETF approached its 52-week high, though Natixis strategists flagged that large-caps are expected to outperform small-caps in H2 2026, a potential headwind for the fund's small/mid-cap focus.

0.3373

July 13, 2026T. Rowe Price Integrated US SMCC Eq (TQSMX) closed modestly lower as the broader asset management sector faced headwinds from a risk-off session driven by renewed U.S.-Iran military strikes that sent oil prices surging ~5% and weighed on equity markets. Parent company T. Rowe Price Group reported June month-end AUM of $1.89 trillion, a data point investors will parse ahead of Q2 earnings season. Morningstar noted financial services stocks have been the second-worst-performing sector over the past year, citing AI disruption concerns and cracks in private credit, while small- and mid-cap equity funds broadly face neutral sentiment from strategists.

-1.0347

July 10, 2026T. Rowe Price Integrated US SMCC Equity fund (TQSMX) closed higher, outpacing the financial services sector as the XLF sector ETF finished the session modestly in the green. The fund's gains came against a broadly constructive backdrop for asset managers, with the S&P 500 near its 52-week high and Q2 bank earnings season poised to begin next week—Goldman Sachs reports July 14. Strong capital markets activity, resilient consumer credit trends, and regulatory easing are driving optimism across financial services, with UBS projecting ~23% year-over-year growth in GSIB investment banking revenue for Q2 2026.

1.1152

July 9, 2026T. Rowe Price Integrated US SMCC Eq closed essentially flat as the broader financial services sector navigated a volatile macro backdrop. Ongoing U.S.-Iran military exchanges have rattled markets this week, lifting oil prices and reigniting inflation and rate-hike fears — headwinds for asset managers like T. Rowe Price whose AUM and fee revenues are sensitive to equity market levels and investor sentiment. With Q2 bank earnings set to kick off July 14 and S&P 500 Q2 earnings growth projected at +24%, investors are watching whether small- and mid-cap equity funds can sustain inflows amid geopolitical uncertainty and a rotation away from tech.

0.1337

July 8, 2026T. Rowe Price Integrated US SMCC Eq (TQSMX) declined nearly 2% as a broad risk-off wave swept financial markets after President Trump declared the U.S.-Iran peace framework 'over,' sending oil prices surging over 5% and triggering a global selloff. The financial services sector—tracked by XLF, which closed near session lows—faced additional headwinds from rising Treasury yields and geopolitical uncertainty ahead of Fed minutes, overshadowing an otherwise constructive backdrop for asset managers heading into Q2 earnings season.

-1.9549

July 2, 2026T. Rowe Price Integrated US SMCC Equity Fund edged lower as the broader asset management sector faces headwinds, with peers posting mixed Q1 earnings results and averaging down 8.9% since reporting. The financial sector (XLF) is trading below its day high amid a cautious macro backdrop ahead of the June nonfarm payrolls report, while Fed Chair Warsh's comments pricing out a July rate hike and softer private payrolls data have tempered rate-hike fears but kept investors uncertain about small/mid-cap equity fund flows.

-0.7239

July 1, 2026T. Rowe Price Integrated US SMCC Equity fund edged higher, touching a 52-week high, as U.S. equities kicked off the second half of 2026 with a broadly constructive tone despite early headwinds. Markets are digesting a weaker-than-expected ADP jobs report (98K vs. 118K forecast) and rising Treasury yields, while investors weigh Fed Chair Warsh's hawkish signals and ongoing U.S.-Iran diplomatic uncertainty. The financial services sector, supported by strong Q1 regional bank earnings and AI-driven asset management tailwinds, provided a constructive backdrop for small- and mid-cap equity strategies.

0.7292

Peers

S&P 500SPX · $7,457.69-1.01%

Artisan Mid Cap Value FundAPHQX · $15.76-0.76%

Columbia Small Cap Value and Inflection Fund;ACOVAX · $15.30-0.97%

BNY Mellon Small/Mid Cap Growth Fund Class ADBMAX · $21.43+0.33%

Diamond Hill Small Mid Cap Fund Class IDHMIX · $28.38-0.56%

BNY Mellon Small Cap Stock Index Fund Investor SharesDISSX · $26.99-0.70%

Heartland Value Fund Insti Class ShsHNTVX · $65.48-1.01%

Heartland Value Fund Investor Class ShsHRTVX · $63.39-1.01%

BlackRock Mid-Cap Value FundMDRFX · $24.12-0.62%

William Blair Small Cap Growth Fund Class IWBSIX · $40.04-0.72%

William Blair Small Cap Growth Fund Class NWBSNX · $32.14-0.71%

Company profile

T. Rowe Price Integrated U.S. Small-Mid Cap Core Equity Fund (TQSMX) is an open-end actively managed mutual fund launched on February 26, 2016, and managed by T. Rowe Price Associates, Inc., a Baltimore, Maryland-based global investment management firm with over $1.83 trillion in assets under management. The fund seeks long-term growth of capital by investing at least 80% of its net assets in equity securities of U.S. small- and mid-cap companies, defined as those falling within the market capitalization range of the Russell 2500® Index, with holdings spanning diversified sectors including technology, financials, industrials, and healthcare. Employing an integrated investment approach that combines fundamental analysis and quantitative screening with a bottom-up stock picking methodology, the fund holds approximately 310 positions and benchmarks its performance against the Russell 2500 Index, with a net expense ratio of 0.87% and total net assets of approximately $1.9 billion. The fund is co-managed by Prashant Jeyaganesh and David Corris, and is categorized as a mid-cap blend fund, making it suitable for investors seeking broad exposure to U.S. small- and mid-cap equities through active management.

Symbol: TQSMX
Exchange: NASDAQ
Sector: Financial Services
Industry: Asset Management
Employees: 0
Country: US
IPO date: 2016-02-29
Website: troweprice.com

Analyst consensus

hold

0 ratings

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