By GuruFocus, Contributor The $26 billion T Rowe Price Equity Income Fund has been managed by the firm’s Chief Investment Officer Brian Rogers since 1985. Since then the fund has gained 11% a year on average. Over the past 10 years the fund averaged 9% a year. Brian Rogers likes to invest in companies that are well-established and pay above-average dividends. As we can see from his recent purchase, he likes to buy companies that are traded at 52-week lows, too.

From: http://www.forbes.com/sites/gurufocus/2013/04/18/t-rowe-price-equity-income-fund-buy-low-and-sell-high-apa-aapl-wu-joy-nem-sells-cag-amgn/