0001752724-22-057649.txt : 20220311
0001752724-22-057649.hdr.sgml : 20220311
20220311160323
ACCESSION NUMBER: 0001752724-22-057649
CONFORMED SUBMISSION TYPE: N-CEN
PUBLIC DOCUMENT COUNT: 2
CONFORMED PERIOD OF REPORT: 20211231
FILED AS OF DATE: 20220311
DATE AS OF CHANGE: 20220311
EFFECTIVENESS DATE: 20220311
FILER:
COMPANY DATA:
COMPANY CONFORMED NAME: T. Rowe Price Mid-Cap Value Fund, Inc.
CENTRAL INDEX KEY: 0001012678
IRS NUMBER: 521977812
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: N-CEN
SEC ACT: 1940 Act
SEC FILE NUMBER: 811-07605
FILM NUMBER: 22733070
BUSINESS ADDRESS:
STREET 1: 100 EAST PRATT STREET
CITY: BALTIMORE
STATE: MD
ZIP: 21202
BUSINESS PHONE: 410-345-2000
MAIL ADDRESS:
STREET 1: 100 EAST PRATT STREET
CITY: BALTIMORE
STATE: MD
ZIP: 21202
FORMER COMPANY:
FORMER CONFORMED NAME: PRICE T ROWE MID CAP VALUE FUND INC
DATE OF NAME CHANGE: 19960425
0001012678
S000002103
T. Rowe Price Mid-Cap Value Fund, Inc.
C000005473
T. Rowe Price Mid-Cap Value Fund, Inc.
TRMCX
C000005474
T. Rowe Price Mid-Cap Value Fund-Advisor Class
TAMVX
C000005475
T. Rowe Price Mid-Cap Value Fund-R Class
RRMVX
C000159685
T. Rowe Price Mid-Cap Value Fund-I Class
TRMIX
C000219316
T. Rowe Price Mid-Cap Value Fund-Z Class
TRTZX
N-CEN
1
primary_doc.xml
X0404
N-CEN
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0001012678
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811-07605
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T. ROWE PRICE MID-CAP VALUE FUND, INC.
811-07605
0001012678
5493003GQ3CXJGTSW743
100 East Pratt Street
Baltimore
21202
US-MD
US
410-345-2000
State Street Corporation
1776 Heritage Drive
Quincy
02171
617-786-3000
Custodian records for the Registrant.
JPMorgan Chase Bank, London
Woolgate House, Coleman Street
London
GB
EC2P 2HD
0 44 20 7742 4000
Records related to the custody of Registrant's portfolio securities which are purchased outside the United States.
T. Rowe Price Mid-Cap Value Fund, Inc.
100 East Pratt Street
Baltimore
21202
410-345-2000
All accounts, books, and other documents required to be maintained by the Registrant under Section 31(a) of the Investment Company Act of 1940 and the rules thereunder.
The Bank of New York Mellon
103 Bellevue Parkway
Wilmington
19809
800-441-9800
Fund accounting records.
T. Rowe Price Services, Inc.
100 East Pratt Street
Baltimore
21202
410-345-2000
Transfer, dividend disbursing, and shareholder service records.
N
N
N-1A
1
Y
Bruce W. Duncan
N/A
N
Teresa Bryce Bazemore
N/A
N
John G. Schreiber
N/A
N
Robert W. Sharps
N/A
Y
Paul F. McBride
N/A
N
Kellye L. Walker
N/A
N
Robert J. Gerrard, Jr.
N/A
N
Ronald J. Daniels
N/A
N
David Oestreicher
004594569
Y
John R. Gilner
001909214
100 East Pratt Street
Baltimore
21202
XXXXXX
N
N
N
N
N
N
T. Rowe Price Investment Services, Inc.
008-25130
000008348
N/A
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PricewaterhouseCoopers LLP
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T. Rowe Price Mid-Cap Value Fund, Inc.
S000002103
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N/A
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State Street Bank and Trust Company
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N
N
N/A
N/A
N/A
Rule 12d1-1 (17 CFR 270.12d1-1)
Rule 32a-4 (17 CFR 270.32a-4)
Y
Y
N
N
T. Rowe Price Associates, Inc.
801-00856
000105496
7HTL8AEQSEDX602FBU63
N
T. Rowe Price Retirement Plan Services, Inc.
084-01917
N/A
Y
Y
T. Rowe Price Services, Inc.
084-01079
N/A
Y
N
N
Bloomberg Finance L.P.
5493001KJTIIGC8Y1R12
N
ICE Data Services
13-3668779
Tax ID
N
Refinitiv US Holdings Inc.
549300NF240HXJO7N016
N
Markit North America, Inc.
N/A
N
N
JPMorgan Chase Bank, N.A. - New Zealand Branch
7H6GLXDRUGQFU57RNE97
NZ
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
State Street Bank and Trust Company
571474TGEMMWANRLN572
N
N
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
J.P. Morgan Bank Luxembourg S.A.
7W1GMC6J4KGLBBUSYP52
LU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Royal Bank of Canada
ES7IP3U3RHIGC71XBU11
CA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB, Stockholm
F3JS33DEI6XQ4ZBPTN86
SE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
BNP Paribas Securities Services S.C.A. - Milan Branch
549300WCGB70D06XZS54
IT
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
EUROCLEAR BANK SA/NV
549300OZ46BRLZ8Y6F65
BE
N
Y
Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7)
JPMorgan Chase Bank, London
7H6GLXDRUGQFU57RNE97
GB
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB, Copenhagen Branch
F3JS33DEI6XQ4ZBPTN86
DK
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A. - Sydney Branch
7H6GLXDRUGQFU57RNE97
AU
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB, Helsinki Branch
F3JS33DEI6XQ4ZBPTN86
FI
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Deutsche Bank Aktiengesellschaft
7LTWFZYICNSX8D621K86
DE
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
UBS Switzerland AG
549300WOIFUSNYH0FL22
CH
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
JPMorgan Chase Bank, N.A.
7H6GLXDRUGQFU57RNE97
N
Y
Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1))
Mizuho Bank, Ltd.
RB0PEZSDGCO3JS6CEU02
JP
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
FirstRand Bank Limited
ZAYQDKTCATIXF9OQY690
ZA
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
Skandinaviska Enskilda Banken AB, Oslo Branch
F3JS33DEI6XQ4ZBPTN86
NO
N
Y
Foreign custodian - rule 17f-5 (17 CFR 270.17f-5)
N
T. Rowe Price Services, Inc.
N/A
Y
N
T. Rowe Price Retirement Plan Services, Inc.
N/A
Y
Y
N
T. Rowe Price Associates, Inc.
7HTL8AEQSEDX602FBU63
Y
N
N
T. Rowe Price Investment Services, Inc.
008-25130
000008348
N/A
0.00000000
STIFEL FINANCIAL CORP.
N/A
N/A
549300E5F07FE5GHJX84
240252.00000000
UBS Group AG
N/A
N/A
549300SZJ9VS8SGXAN81
CH
170076.00000000
Bank of America Corporation
N/A
N/A
9DJT3UXIJIZJI4WXO774
189633.00000000
Morgan Stanley
N/A
N/A
IGJSJL3JD5P30I6NJZ34
355695.00000000
Allen & Company LLC
008-12123
000001042
549300RO3RYDN328JY68
125135.00000000
JP MORGAN CHASE & CO.
N/A
N/A
8I5DZWZKVSZI1NUHU748
500468.00000000
The Goldman Sachs Group, Inc.
N/A
N/A
784F5XWPLTWKTBV3E584
503406.00000000
BARCLAYS PLC
N/A
N/A
213800LBQA1Y9L22JB70
GB
131220.00000000
Jefferies Financial Group Inc.
N/A
N/A
549300HOF34RGOJ5YL07
236891.00000000
Citigroup, Inc.
N/A
N/A
6SHGI4ZSSLCXXQSBB395
518726.00000000
5052463.00000000
The Goldman Sachs Group, Inc.
N/A
N/A
784F5XWPLTWKTBV3E584
16406122.00000000
JP MORGAN CHASE & CO.
N/A
N/A
8I5DZWZKVSZI1NUHU748
746490.00000000
Bank of America Corporation
N/A
N/A
9DJT3UXIJIZJI4WXO774
17885122.00000000
Wells Fargo & Company
N/A
N/A
PBLD0EJDB5FWOLXP3B76
15270505.00000000
50308240.00000000
Y
14695168237.81000000
0.00000000
N
N
N
false
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true
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INTERNAL CONTROL RPT
2
g.1.a.iii_trp_midcapvalue.htm
Report of Independent Registered Public Accounting Firm
To the Board of Directors and Shareholders of T. Rowe Price Mid-Cap Value Fund, Inc.
In planning and performing our audit of the financial statements of T. Rowe Price Mid-Cap Value Fund, Inc. (the “Fund”) as of and for the year ended December 31, 2021, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Fund’s internal control over financial reporting.
The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.
Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis.
Our consideration of the Fund’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund’s internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of December 31, 2021.
This report is intended solely for the information and use of the Board of Directors of T. Rowe Price Mid- Cap Value Fund, Inc. and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.
/s/ PricewaterhouseCoopers LLP
Baltimore, Maryland
February 17, 2022
PricewaterhouseCoopers LLP,100 East Pratt, Street, Suite 2600, Baltimore, Maryland 21202-1096T:4107837600, www.pwc.com/us