T. Rowe Price Associates announced that it will close its Mid-Cap...

T. Rowe Price Associates announced that it will close its Mid-Cap Value Fund to new investors. Portfolio manager David J. Wallack said inflows of more than $2.4 billion in 2004 helped buoy the fund's assets under management to $5.1 billion from $2 billion - a pace that threatened to impair his team's ability to invest effectively, according to a news release. The fund will continue to accept money from existing shareholders.