T. Rowe Price T. Rowe Price Trusty Logo

All Products

Products Table Products Overview
  • Equity
  • Fixed Income
  • Multi-Asset
  • All Regions
  • Global
  • International
  • Europe
  • Asia Pacific
  • Emerging Mkts
  • US
  • All
  • Large-Cap
  • Mid-Cap
  • Small-Cap
  • Multi-Cap
  • Sector

Mutual Fund

Africa & Middle East Fund

Invests in companies with attractive valuations and earnings that are growing faster than their local, regional, or global peers. A focused portfolio leading to high-conviction decision-making.

Emerging markets investments are subject to the risk of abrupt and severe price fluctuations. Investing internationally involves special risks including economic and political uncertainty and currency fluctuation.

 TRAMX CUSIP 77956H740

Fund Manager Tenure

Net Assets
(USD)

7yrs
$116.2m

Price
(USD)

Daily Price Change

$8.82
$-0.05

Inception Date 09/04/2007

Oliver Bell
Oliver Bell, Portfolio Manager

Oliver Bell is a vice president of T. Rowe Price Group, Inc., associate head of Equity EMEA and the lead portfolio manager and chairman of the Investment Advisory Committee for the T. Rowe Price Middle East & Africa Equity Strategy and the Frontier Markets Equity Strategy. He is a member of the International Equity Steering Committee and a Board member of T. Rowe Price (Luxembourg) Management S.a.r.l.

 

Mutual Fund

Asia Opportunities Fund

Invests at least 80% in stocks issued by companies that are located in, or that have economic ties to, Asia (excluding Japan). May purchase stocks issued by companies of any size, but typically focuses on large-and mid-cap stocks.

The fund is "nondiversified", meaning it may invest a greater portion of assets in a single company and own more of the company's voting securities than is permissible for a "diversified" fund. Further, the fund’s relatively limited geographic orientation and exposure to emerging markets increase its risk level. The fund price is subject to market risk in addition to risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad.

 TRAOX CUSIP 77956H625

Fund Manager Tenure

Net Assets
(USD)

5yrs
$121.2m

Price
(USD)

Daily Price Change

$14.85
$+0.10

Inception Date 05/21/2014

Eric C. Moffett
Eric C. Moffett, Portfolio Manager

Eric Moffett is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Hong Kong Limited. He is the portfolio manager for the firm's Asia Opportunities equity strategy and chairman of the strategy's Investment Advisory Committee. 

 

Mutual Fund

Blue Chip Growth Fund

Invests in common stocks of large and medium-sized blue chip companies that have the potential for above-average earnings growth and are well established.

Growth stocks have historically been more volatile than cyclical stocks.

 TRBCX CUSIP 77954Q106

Fund Manager Tenure

Net Assets
(USD)

26yrs
$64.2b

Price
(USD)

Daily Price Change

$116.63
$-0.91

Inception Date 06/30/1993

Larry Puglia
Larry Puglia, Lead Portfolio Manager

Larry J. Puglia is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is president of the Investment Advisory Committee of the US Large-Cap Core Growth Equity Strategy. He has been managing the US Large-Cap Core Growth Equity Strategy since 1993 and has had lead responsibility for all institutional accounts and other investment products within the strategy since 1997. Mr. Puglia is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Capital Appreciation Fund

Invests primarily in the common stocks of established U.S companies believed to have above-average potential for capital growth. Remaining assets are generally invested in other securities.

The value approach carries a risk that the market will not recognize a security’s intrinsic value for a long time or that a stock judged to be undervalued may actually be appropriately priced because of the fund’s fixed-income holdings or cash position, it may not keep pace in a rapidly rising market.

 PRWCX CUSIP 77954M105

Fund Manager Tenure

Net Assets
(USD)

13yrs
$35.5b

Price
(USD)

Daily Price Change

$31.48
$-0.10

Inception Date 06/30/1986

David R.  Giroux
David R. Giroux, Portfolio Manager

David Giroux is a portfolio manager in the U.S. Equity Division of T. Rowe Price. Mr. Giroux manages the firm's Capital Appreciation Strategy. His additional roles at T. Rowe Price include head of Investment Strategy, chief investment officer for Equity and Multi-Asset, and co-chair of the Equity Research Advisory Committee.

 

Mutual Fund

Communications & Technology Fund

Formerly Media & Telecommunications Fund

Invests at least 80% in companies engaged in any facet of media and telecommunications, including publishing, movies, cable TV, telephones, cellular services, technology, and equipment.

This fund is focused on the media and telecommunications industries and is less diversified than stock funds investing in a broader range of industries. Therefore, it may experience significant volatility.

 PRMTX CUSIP 741454102

Fund Manager Tenure

Net Assets
(USD)

6yrs
$6.1b

Price
(USD)

Daily Price Change

$118.55
$-0.83

Inception Date 10/13/1993

Paul Greene
Paul Greene, Portfolio Manager

Paul D. Greene is a portfolio manager and investment analyst in the U.S. Equity Division. He is portfolio manager of the T. Rowe Price Communications & Technology Strategy. As an analyst, Mr. Greene follows the media and Internet industries. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Diversified Mid-Cap Growth Fund

Invests primarily in a broadly diversified portfolio of common stocks of mid-cap companies. T. Rowe Price expects the earnings of these companies to grow at a faster rate than the average company.

The stocks of mid-cap companies entail greater risk and are usually more volatile than the shares of large companies.

 PRDMX CUSIP 779585108

Fund Manager Tenure

Net Assets
(USD)

15yrs
$1.6b

Price
(USD)

Daily Price Change

$34.88
$-0.16

Inception Date 12/31/2003

Donald Peters
Donald Peters, Co-Portfolio Manager

Donald J. Peters is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He manages major institutional relationships in the structured active and tax-efficient strategies. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Dividend Growth Fund

Invests at least 65% of its total assets in the common stocks of dividend-paying companies that we expect to increase their dividends over time and also provide long-term appreciation.

Dividend-paying stocks may lag shares of smaller, faster-growing companies. Also, stocks that appear temporarily out of favor may remain out of favor for a long time.

 PRDGX CUSIP 779546100

Fund Manager Tenure

Net Assets
(USD)

19yrs
$12.3b

Price
(USD)

Daily Price Change

$50.68
$-0.20

Inception Date 12/30/1992

Thomas J.  Huber
Thomas J. Huber, Portfolio Manager

Thomas J. Huber is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is the lead portfolio manager for the US Dividend Growth Strategy. Mr. Huber is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Emerging Europe Fund

Invests at least 80% of its net assets in the emerging markets of Europe, including Eastern Europe and the former Soviet Union. Identify themes/trends and industries that are likely to experience high future growth.

Investments in emerging markets are subject to the risk of abrupt and severe price declines. The economic and political structures of developing nations often do not compare favorably with developed countries in terms of wealth and stability, and their financial markets are not as liquid. Investing internationally involves special risks, including economic and political uncertainty and currency fluctuation.

 TREMX CUSIP 77956H815

Fund Manager Tenure

Net Assets
(USD)

4yrs
$150.2m

Price
(USD)

Daily Price Change

$15.24
$-0.08

Inception Date 08/31/2000

Ulle Adamson
Ulle Adamson, Portfolio Manager

Ulle Adamson is a portfolio manager in the Equity Division at T. Rowe Price. She is the portfolio manager for the Emerging Europe Equity Strategy. Ms. Adamson is a vice president and an Investment Advisory Committee member of the Emerging Markets Equity Strategy and Emerging Markets Discovery Equity Strategy. She is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd.

 

Mutual Fund

Emerging Markets Discovery Stock Fund

Formerly Emerging Markets Value Stock Fund

Invests at least 80% of its net assets (including any borrowings for investment purposes) in stocks issued by companies in emerging markets. The fund invests in companies of any size, but generally seeks stocks of larger companies that are undervalued.

Investing in the securities of non-U.S. issuers involves special risks not typically associated with investing in U.S. issuers. International securities tend to be more volatile and less liquid than investments in U.S. securities and may lose value because of adverse political, social, or economic developments overseas, or due to changes in the exchange rates between foreign currencies and the U.S. dollar. In addition, international investments are subject to settlement practices and regulatory and financial reporting standards that differ from those of the U.S.

 PRIJX CUSIP 77956H419

Fund Manager Tenure

Net Assets
(USD)

4yrs
$126.7m

Price
(USD)

Daily Price Change

$12.94
$-0.04

Inception Date 09/14/2015

Ernest C.  Yeung
Ernest C. Yeung, Portfolio Manager

Ernest Yeung is a portfolio manager for the Emerging Markets Discovery Equity Strategy at T. Rowe Price. He was the co-portfolio manager for the International Small-Cap Equity Strategies from 2009 to 2014. Mr. Yeung is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Hong Kong Limited.

 

Mutual Fund

Emerging Markets Discovery Stock Fund - I Class

Formerly Emerging Markets Value Stock Fund

Invests at least 80% of its net assets (including any borrowings for investment purposes) in stocks issued by companies in emerging markets. The fund invests in companies of any size, but generally seeks stocks of larger companies that are undervalued.

Investing in the securities of non-U.S. issuers involves special risks not typically associated with investing in U.S. issuers. International securities tend to be more volatile and less liquid than investments in U.S. securities and may lose value because of adverse political, social, or economic developments overseas, or due to changes in the exchange rates between foreign currencies and the U.S. dollar. In addition, international investments are subject to settlement practices and regulatory and financial reporting standards that differ from those of the U.S.

 REVIX CUSIP 77956H237

Fund Manager Tenure

Net Assets
(USD)

2yrs
$126.7m

Price
(USD)

Daily Price Change

$12.96
$-0.04

Investor Class Inception Date 09/14/2015

I Class Inception Date 03/06/2017

Ernest C.  Yeung
Ernest C. Yeung, Portfolio Manager

Ernest Yeung is a portfolio manager for the Emerging Markets Discovery Equity Strategy at T. Rowe Price. He was the co-portfolio manager for the International Small-Cap Equity Strategies from 2009 to 2014. Mr. Yeung is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Hong Kong Limited.

 

Mutual Fund

Emerging Markets Stock Fund

Invests in the common stock of large and small companies across all of the emerging markets regions: Asia, Europe, Middle East and Africa, and Latin America.

International investments are generally more volatile than domestic investments. Share prices are subject to market risk, as well as risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad. Because of the concentration in rapidly developing economies, the fund involves a high degree of risk.

 PRMSX CUSIP 77956H864

Fund Manager Tenure

Net Assets
(USD)

10yrs
$11.7b

Price
(USD)

Daily Price Change

$42.72
$-0.06

Inception Date 03/31/1995

Gonzalo Pángaro
Gonzalo Pángaro, Lead Portfolio Manager

Gonzalo Pangaro is the lead portfolio manager for the firm's Emerging Markets Equity Strategy and is chairman of the strategy's Investment Advisory Committee.  Mr. Pangaro assumed portfolio management responsibilities in 2004. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price International Ltd and a member of the International Equity Steering Committee.

 

Mutual Fund

Equity Income Fund

Invests at least 80% in common stocks, with an emphasis on large-capitalization stocks that have a strong track record of paying dividends or that are believed to be undervalued. Broadly diversify sector exposure to minimize volatility.

By investing in common stocks, the fund is subject to declines in stock prices. The value approach carries the risk that the market may not realize a security's value for a long time, or that a stock judged to be undervalued is actually appropriately priced.

 PRFDX CUSIP 779547108

Fund Manager Tenure

Net Assets
(USD)

3yrs
$19.6b

Price
(USD)

Daily Price Change

$32.00
$-0.06

Inception Date 10/31/1985

John D.  Linehan
John D. Linehan, Portfolio Manager

John D. Linehan is the portfolio manager for the Equity Income Strategy and co-portfolio manager of the US Large-Cap Value Strategy. In addition, he is the chief investment officer of Equity and a member of the firm's U.S. Equity Steering and Equity Brokerage and Trading Control Committees. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Mutual Fund

Equity Index 500 Fund

Invests substantially all of its assets in all of the stocks in the S&P 500 Index. Attempts to maintain holdings of each stock in proportion to its weight in the index.

Stocks can decline for many reasons, including adverse political or economic developments here or abroad, changes in investor psychology, or heavy institutional selling. Actively managed funds may outperform this fund.

 PREIX CUSIP 779552108

Fund Manager Tenure

Net Assets
(USD)

<1yr
$28.9b

Price
(USD)

Daily Price Change

$80.01
$-0.39

Inception Date 03/30/1990

Alexa Gagliardi
Alexa Gagliardi, Portfolio Manager

Alexa Gagliardi is a portfolio manager in the U.S. Portfolio Modeling Group of T. Rowe Price. She is the chairman of the Investment Advisory Committees of the U.S. Equity Index Strategies. She is also a member of the Investment Advisory Committee of the International Equity Index Strategy. Ms. Gagliardi is a vice president of T. Rowe Price Associates, Inc.

 

Mutual Fund

European Stock Fund

Invests in firms with quality management, strength of franchise, reasonable valuation, and strong cash flows. Primary emphasis: Austria, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, and the United Kingdom.

Investing internationally involves special risks, including economic and political uncertainty and currency fluctuation.

 PRESX CUSIP 77956H401

Fund Manager Tenure

Net Assets
(USD)

13yrs
$935.7m

Price
(USD)

Daily Price Change

$20.52
$-0.04

Inception Date 02/28/1990

Dean Tenerelli
Dean Tenerelli, Portfolio Manager

Dean Tenerelli is portfolio manager in the Equity Division at T. Rowe Price. He manages the Europe Equity Strategy, a position he has held since October 2005, and is chairman of its Investment Advisory Committee. He is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd.

 

Mutual Fund

Extended Equity Market Index Fund

Invests substantially in a group of stocks representative of the S&P Completion Index. Does not attempt to fully replicate the index by owning each of the stocks in it.

Stocks can decline for many reasons, including adverse political or economic developments here or abroad, changes in investor psychology, or heavy institutional selling. Does not have the flexibility to shift assets toward stocks or sectors that are rising or away from stocks or sectors that are declining.

Investor Class  PEXMX CUSIP 779552207

Fund Manager Tenure

Net Assets
(USD)

<1yr
$871.4m

Price
(USD)

Daily Price Change

$28.66
$-0.07

Inception Date 01/30/1998

Alexa Gagliardi
Alexa Gagliardi, Portfolio Manager

Alexa Gagliardi is a portfolio manager in the U.S. Portfolio Modeling Group of T. Rowe Price. She is the chairman of the Investment Advisory Committees of the U.S. Equity Index Strategies. She is also a member of the Investment Advisory Committee of the International Equity Index Strategy. Ms. Gagliardi is a vice president of T. Rowe Price Associates, Inc.

 

Mutual Fund

Financial Services Fund

Invests at least 80% in the common stocks of financial services companies. The fund may also invest in companies deriving substantial revenues from conducting business with the industry.

The fund is less diversified than stock funds investing in a broader range of industries, so it could experience significant volatility. However, dividends paid by financial services firms may moderate this risk. Financial services companies may be hurt when interest rates rise sharply and may be vulnerable to rapidly rising inflation.

 PRISX CUSIP 77954N103

Fund Manager Tenure

Net Assets
(USD)

5yrs
$753.2m

Price
(USD)

Daily Price Change

$27.50
$-0.11

Inception Date 09/30/1996

Gabriel Solomon
Gabriel Solomon, Portfolio Manager

Gabriel Solomon is a sector portfolio manager in the U.S. Equity Division. He has portfolio management responsibilities for the Financial Services Fund and for the firm's U.S. Structured Research Equity Strategy. Mr. Solomon is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Mutual Fund

Global Consumer Fund

Invests in securities issued by companies in the consumer sector. The adviser has flexibility in allocating investments between the consumer discretionary and consumer staples sectors and seeks to identify the best risk adjusted opportunities for the fund based on market conditions and consumer sentiment.

Investing in the securities of non-U.S. issuers involves special risks not typically associated with investing in U.S. issuers. International securities tend to be more volatile and less liquid than investments in U.S. securities and may lose value because of adverse local, political, social, or economic developments overseas, or due to changes in the exchange rates between foreign currencies and the U.S. dollar. A fund that focuses its investments in specific industries or sectors is more susceptible to developments affecting those industries and sectors than a more broadly diversified fund. Because the fund invests significantly in companies connected to the consumer staples and consumer discretionary sectors, the fund may perform poorly during a downturn in one or more consumer-related industries and is more exposed to the economic, business or other developments that could adversely impact those industries.

Investor Class  PGLOX CUSIP 77956H344

Fund Manager Tenure

Net Assets
(USD)

3yrs
$20.9m

Price
(USD)

Daily Price Change

$12.78
$-0.07

Inception Date 06/27/2016

Jason Nogueira
Jason Nogueira, Portfolio Manager

Jay Nogueira is a portfolio manager for the Global Consumer Strategy in the Equity Division of T. Rowe Price and is the consumer sector team leader. Previously, he was an associate portfolio manager for the Global Growth Equity Strategy. Prior to that, he was an investment analyst covering health care services. He also had portfolio management responsibilities in the firm's US Structured Research Equity Strategy. Mr. Nogueira is a vice president and an Investment Advisory Committee member of the Global Growth Stock, Capital Opportunity, Growth & Income, Large-Cap Core, and Mid-Cap Growth Strategies. Mr. Nogueira is an executive vice president of the T. Rowe Price Institutional International Funds, Inc., and the T. Rowe Price International Funds, Inc. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Global Growth Stock Fund

Invests in target blue chip companies in at least five different countries, including the U.S. It takes a growth approach to investing, seeking opportunities that have potential for above-average earnings.

Since the fund invests overseas, its foreign holdings could be affected by declining foreign currencies or adverse political or economic events. The fund’s growth approach carries risk: Because growth funds have higher valuations and lower dividend yields than slower-growth or cyclical companies, the share price volatility may be higher. As such, fund prices could decline further in market downturns than those of non growth-oriented funds.

 RPGEX CUSIP 77956H732

Fund Manager Tenure

Net Assets
(USD)

10yrs
$481.3m

Price
(USD)

Daily Price Change

$28.21
$-0.01

Inception Date 10/27/2008

R. Scott Berg
R. Scott Berg, Lead Portfolio Manager

Scott Berg is the portfolio manager for the T. Rowe Price Global Growth Equity Strategy and a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Global Industrials Fund

Invests at least 80% in securities issued by companies in the industrials sector. The fund seeks to invest in various companies engaged in the research, development, manufacture, distribution, supply or sale of industrial products, services, or equipment.

The fund is less diversified than a non-focused fund and its substantial reward potential is coupled with significant risk. In addition, any foreign holdings could be affected by declining local currencies or adverse political or economic events.

 RPGIX CUSIP 77956H633

Fund Manager Tenure

Net Assets
(USD)

5yrs
$21.6m

Price
(USD)

Daily Price Change

$12.57
$-0.13

Inception Date 10/24/2013

Peter  J.  Bates
Peter J. Bates, Portfolio Manager

Peter Bates is the portfolio manager of the Global Industrials Strategy in the U.S. Equity Division of T. Rowe Price. In addition, he is an analyst covering mega conglomerates. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Global Real Estate Fund

Invests primarily in stocks of real estate companies throughout the world, providing exposure in at least five different countries, including the United States.

Changes in tax or zoning laws, overbuilding, environmental issues, changes in interest rates, the quality of property management (REITs), and other factors could hurt the fund. Real estate is affected by general economic conditions. When growth is slowing, demand for property decreases and prices may decline. Rising interest rates, which drive up mortgage and financing costs, can restrain construction and buying and selling activity and may reduce the appeal of real estate investments. Since the fund can invest substantially in foreign securities, it will also be subject to the risks inherent in non-U.S. issues.

 TRGRX CUSIP 87279M201

Fund Manager Tenure

Net Assets
(USD)

4yrs
$136.7m

Price
(USD)

Daily Price Change

$20.93
$+0.01

Inception Date 10/27/2008

Nina P.  Jones
Nina P. Jones, Portfolio Manager

Nina Jones is the lead portfolio manager for the T. Rowe Price Global Real Estate Strategy and is chairman of its Investment Advisory Committee. She is a vice president and an Investment Advisory Committee member of the Global Growth Stock, Capital Appreciation, and Financial Services Strategies. Mrs. Jones is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Global Stock Fund

Invests in a variety of industries in developed and, to a lesser extent, emerging markets. Invests in firms taking market share in the global economy and demonstrating strong free cash flow, sustainable margins, long product cycles, and experienced management teams.

Share prices are subject to the risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad.

 PRGSX CUSIP 77956H856

Fund Manager Tenure

Net Assets
(USD)

6yrs
$2.1b

Price
(USD)

Daily Price Change

$41.87
$-0.24

Inception Date 12/29/1995

David J. Eiswert
David J. Eiswert, Lead Portfolio Manager

David Eiswert is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is the portfolio manager for the Global Focused Growth Equity Strategy, a role he has held since October 1, 2012. Prior to his current role, Mr. Eiswert was the portfolio manager for the Global Technology Strategy from October 2008 until May 2012. He was a technology analyst from 2003 until 2012. Mr. Eiswert is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Global Technology Fund

Invests primarily in companies we expect to generate a majority of revenue from the development, advancement, and use of technology. Focus on the common stocks of what we consider to be leading technology companies around the world.

The fund is less diversified than stock funds investing in a broader range of industries and, therefore, could experience significant volatility. Any foreign holdings could be affected by declining local currencies or adverse political or economic events.

 PRGTX CUSIP 741494108

Fund Manager Tenure

Net Assets
(USD)

<1yr
$4.6b

Price
(USD)

Daily Price Change

$15.18
$-0.07

Inception Date 09/29/2000

Alan Tu
Alan Tu, Portfolio Manager

Alan Tu is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is president of the Investment Advisory Committee of the Global Technology Equity Strategy. Previously, he was an investment analyst following software companies in the technology sector. Mr. Tu is a vice president and an Investment Advisory Committee member of the U.S. Small Cap Growth and Science & Technology Strategies. He is a vice president of T. Rowe Price Group, Inc. 

 

Mutual Fund

Growth & Income Fund

Invests in stocks for companies with sustainable above-average earnings growth and a lucrative niche in the economy. Our primary focus is on capital appreciation.

Growth stocks can have wide price swings due to the high valuations they may carry. Value stocks carry the risk that other investors will not recognize their intrinsic value or that their low prices are actually appropriate.

 PRGIX CUSIP 779551100

Fund Manager Tenure

Net Assets
(USD)

4yrs
$2.0b

Price
(USD)

Daily Price Change

$29.28
$-0.14

Inception Date 12/21/1982

Jeff Rottinghaus
Jeff Rottinghaus, Portfolio Manager

Jeff Rottinghaus is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is president of the US Large-Cap Core Equity and Growth & Income Strategies and chairman of the strategies' Investment Advisory Committees. In addition, he is a vice president and an Investment Advisory Committee member of the Dividend Growth and Capital Appreciation Strategies. Mr. Rottinghaus is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Growth Stock Fund

Invests in companies having one or more of the following characteristics: superior growth in earnings and cash flow, ability to sustain earnings momentum even during economic slowdowns, occupation of a lucrative niche in the economy and ability to expand even during times of slow economic growth.

As with all equity funds, this fund’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings.

 PRGFX CUSIP 741479109

Fund Manager Tenure

Net Assets
(USD)

5yrs
$54.0b

Price
(USD)

Daily Price Change

$69.06
$-0.56

Inception Date 04/11/1950

Joseph Fath
Joseph Fath, Lead Portfolio Manager

Joe Fath is the portfolio manager for the US Growth Stock Strategy and is a member of the portfolio management team for the US Large-Cap Growth Equity Strategy in the U.S. Equity Division. He is a member of the U.S. Equity Steering Committee. Mr. Fath is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Mutual Fund

Health Sciences Fund

Invests in companies with attractive valuations and earnings that are growing faster than their local, regional, or global peers. A focused portfolio leading to high-conviction decision-making.

The Fund is less diversified than other stock funds that invest in a wider range of industries and, therefore, could experience significant volatility.

 PRHSX CUSIP 741480107

Fund Manager Tenure

Net Assets
(USD)

3yrs
$12.5b

Price
(USD)

Daily Price Change

$76.10
$+0.25

Inception Date 12/29/1995

Ziad Bakri, CFA, MD
Ziad Bakri, CFA, MD, Portfolio Manager

Ziad Bakri is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is president of the Investment Advisory Committee of the Health Sciences Strategy. In addition, he is a vice president and an Investment Advisory Committee member of the Blue Chip Growth, New America Growth, New Horizons, Mid-Cap Growth, and Tax-Efficient Equity Strategies. Mr. Bakri is also an Investment Advisory Committee member of the Global Growth Stock Strategy and a vice president of the Emerging Europe Strategy. Previously, he was an investment analyst in the U.S. Equity Division, covering biotechnology in the health care sector. Mr. Bakri is a vice president of T. Rowe Price Group, Inc.

 

Institutional Mutual Fund

Institutional Africa & Middle East Fund

Invests in companies with attractive valuations and earnings that are growing faster than their local, regional, or global peers. A focused portfolio leading to high-conviction decision-making.

Emerging markets investments are subject to the risk of abrupt and severe price fluctuations. Investing internationally involves special risks including economic and political uncertainty and currency fluctuation.

Institutional  TRIAX CUSIP 74144Q609

Fund Manager Tenure

Net Assets
(USD)

7yrs
$44.5m

Price
(USD)

Daily Price Change

$5.80
$-0.03

Inception Date 04/30/2008

Oliver Bell
Oliver Bell, Portfolio Manager

Oliver Bell is a vice president of T. Rowe Price Group, Inc., associate head of Equity EMEA and the lead portfolio manager and chairman of the Investment Advisory Committee for the T. Rowe Price Middle East & Africa Equity Strategy and the Frontier Markets Equity Strategy. He is a member of the International Equity Steering Committee and a Board member of T. Rowe Price (Luxembourg) Management S.a.r.l.

 

Institutional Mutual Fund

Institutional Emerging Markets Equity Fund

Invests in the common stock of large and small companies across all of the emerging markets regions: Asia, Europe, Middle East and Africa, and Latin America.

International investments are generally more volatile than domestic investments. Share prices are subject to market risk, as well as risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad. Because of the concentration in rapidly developing economies, the fund involves a high degree of risk.

Institutional  IEMFX CUSIP 74144Q203

Fund Manager Tenure

Net Assets
(USD)

10yrs
$1.7b

Price
(USD)

Daily Price Change

$38.92
$-0.05

Inception Date 10/31/2002

Gonzalo Pángaro
Gonzalo Pángaro, Portfolio Manager

Gonzalo Pangaro is the lead portfolio manager for the firm's Emerging Markets Equity Strategy and is chairman of the strategy's Investment Advisory Committee.  Mr. Pangaro assumed portfolio management responsibilities in 2004. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price International Ltd and a member of the International Equity Steering Committee.

 

Institutional Mutual Fund

Institutional Frontier Markets Equity Fund

Invests at least 80% in equity securities and equity-related investments of companies that are located in, or that have economic ties to, countries considered to be frontier markets. The fund expects to make most of its investments in Africa, the Middle East, Asia, Europe, and Latin America.

The risks of international investing are heightened for investments in emerging market and frontier market countries. Emerging and frontier market countries tend to have economic structures that are less diverse and mature, and political systems that are less stable, than those of developed market countries.

Institutional  PRFFX CUSIP 74144Q864

Fund Manager Tenure

Net Assets
(USD)

4yrs
$46.2m

Price
(USD)

Daily Price Change

$9.26
$0.00

Inception Date 09/22/2014

Oliver Bell
Oliver Bell, Portfolio Manager

Oliver Bell is a vice president of T. Rowe Price Group, Inc., associate head of Equity EMEA and the lead portfolio manager and chairman of the Investment Advisory Committee for the T. Rowe Price Middle East & Africa Equity Strategy and the Frontier Markets Equity Strategy. He is a member of the International Equity Steering Committee and a Board member of T. Rowe Price (Luxembourg) Management S.a.r.l.

 

Institutional Mutual Fund

Institutional Global Focused Growth Equity Fund

Invests in a variety of industries in developed and emerging markets. Invest in firms taking market share in the global economy and demonstrating strong free cash flow, sustainable margins, long product cycles, and experienced management teams.

Share prices are subject to the risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad.

Institutional  TRGSX CUSIP 74144Q302

Fund Manager Tenure

Net Assets
(USD)

6yrs
$18.9m

Price
(USD)

Daily Price Change

$12.08
$-0.07

Inception Date 06/30/2006

David J. Eiswert
David J. Eiswert, Lead Portfolio Manager

David Eiswert is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is the portfolio manager for the Global Focused Growth Equity Strategy, a role he has held since October 1, 2012. Prior to his current role, Mr. Eiswert was the portfolio manager for the Global Technology Strategy from October 2008 until May 2012. He was a technology analyst from 2003 until 2012. Mr. Eiswert is a vice president of T. Rowe Price Group, Inc.

 

Institutional Mutual Fund

Institutional Global Growth Equity Fund

Invests in target blue chip companies in at least five different countries, including the U.S. It takes a growth approach to investing, seeking opportunities that have potential for above-average earnings.

Since the fund invests overseas, its foreign holdings could be affected by declining foreign currencies or adverse political or economic events. The fund’s growth approach carries risk: Because growth funds have higher valuations and lower dividend yields than slower-growth or cyclical companies, the share price volatility may be higher. As such, fund prices could decline further in market downturns than those of non growth-oriented funds.

Institutional  RPIGX CUSIP 74144Q708

Fund Manager Tenure

Net Assets
(USD)

10yrs
$195.6m

Price
(USD)

Daily Price Change

$28.69
$-0.01

Inception Date 10/27/2008

R. Scott Berg
R. Scott Berg, Lead Portfolio Manager

Scott Berg is the portfolio manager for the T. Rowe Price Global Growth Equity Strategy and a vice president of T. Rowe Price Group, Inc.

 

Institutional Mutual Fund

Institutional Global Value Equity Fund

Invests in companies with favorable prospects for capital appreciation that exhibit value characteristics. The portfolio broadly diversifies across sectors and geography.

Since the fund invests overseas, its foreign holdings could be affected by declining foreign currencies or adverse political or economic events.

Institutional  PRIGX CUSIP 74144Q872

Fund Manager Tenure

Net Assets
(USD)

7yrs
$10.2m

Price
(USD)

Daily Price Change

$12.28
$-0.02

Inception Date 07/26/2012

Sebastien Mallet
Sebastien Mallet, Portfolio Manager

Sebastien Mallet is a portfolio manager in the Equity Division at T. Rowe Price, managing the Institutional Global Value Strategy. Mr. Mallet is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd.

 

Institutional Mutual Fund

Institutional International Core Equity Fund

Invests in firms with a favorable combination of growth prospects and valuation. Accelerating earnings and cash flow growth, reasonable valuation, and barriers to entry at industry and product level are among the characteristics we look for.

Investing internationally involves special risks including economic and political uncertainty and currency fluctuation.

Institutional  TRCEX CUSIP 74144Q880

Fund Manager Tenure

Net Assets
(USD)

8yrs
$29.3m

Price
(USD)

Daily Price Change

$12.31
$-0.03

Inception Date 10/27/2010

Raymond A.  Mills
Raymond A. Mills, Portfolio Manager

Raymond A. Mills is the portfolio manager of the T. Rowe Price International Core Equity Strategy. Mr. Mills also serves on the Investment Advisory Committees for other international equity, asset allocation, and global real estate strategies. He is a member of the International Equity Steering Committee and the Equity Brokerage and Trading Control Committee. Mr. Mills is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price International Ltd.

 

Institutional Mutual Fund

Institutional International Disciplined Equity Fund

Formerly Institutional International Concentrated Equity Fund

Invests in stocks of companies located outside the U.S. At least 80% of net assets in non-U.S. companies and no more than 15% in stocks of companies in emerging markets.

Share prices are subject to the risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad.

Institutional  RPICX CUSIP 74144Q807

Fund Manager Tenure

Net Assets
(USD)

9yrs
$264.6m

Price
(USD)

Daily Price Change

$11.19
$-0.01

Inception Date 07/27/2010

Federico Santilli
Federico Santilli, Portfolio Manager

Federico Santilli is a portfolio manager in the Equity Division at T. Rowe Price, covering international equity. Mr. Santilli is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd.

 

Institutional Mutual Fund

Institutional International Growth Equity Fund

Invests in companies capable of achieving and sustaining above-average, long-term earnings growth. Favor companies with leading market position, technological leadership or proprietary advantage, and seasoned management.

Share prices are subject to the risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad.

Institutional  PRFEX CUSIP 74144Q104

Fund Manager Tenure

Net Assets
(USD)

4yrs
$58.0m

Price
(USD)

Daily Price Change

$23.09
$-0.05

Inception Date 09/07/1989

Richard N. Clattenburg
Richard N. Clattenburg, Portfolio Manager

Richard "Trip" Clattenburg is a portfolio manager for T. Rowe Price's International Growth Equity Strategy. He is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and a member of the Investment Advisory Committee.

 

Institutional Mutual Fund

Institutional Large-Cap Core Growth Fund

Invests in blue chip companies with the following characteristics: leading market positions, seasoned management teams, strong financial conditions, above-average growth and profitability.

Growth stocks historically have been more volatile than cyclical stocks.

Institutional  TPLGX CUSIP 45775L507

Fund Manager Tenure

Net Assets
(USD)

15yrs
$4.1b

Price
(USD)

Daily Price Change

$45.75
$-0.35

Inception Date 09/30/2003

Larry Puglia
Larry Puglia, Lead Portfolio Manager

Larry J. Puglia is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is president of the Investment Advisory Committee of the US Large-Cap Core Growth Equity Strategy. He has been managing the US Large-Cap Core Growth Equity Strategy since 1993 and has had lead responsibility for all institutional accounts and other investment products within the strategy since 1997. Mr. Puglia is a vice president of T. Rowe Price Group, Inc.

 

Institutional Mutual Fund

Institutional Large-Cap Growth Fund

Invests in companies having the following characteristics: above-average growth in earnings and cash flow, ability to sustain earning momentum even during economic slowdowns, and a lucrative niche in the economy and ability to expand even during times of slow economic growth.

As with all equity funds, this fund’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings.

Institutional  TRLGX CUSIP 45775L408

Fund Manager Tenure

Net Assets
(USD)

2yrs
$18.7b

Price
(USD)

Daily Price Change

$42.44
$-0.36

Inception Date 10/31/2001

Taymour Tamaddon
Taymour Tamaddon, Lead Portfolio Manager

Taymour Tamaddon is the portfolio manager of the US Large-Cap Growth Equity Strategy in the U.S. Equity Division of T. Rowe Price. Mr. Tamaddon also is a vice president and a member of the Investment Advisory Committees for the Health Sciences, New America Growth, Growth Stock, Blue Chip Growth, and Capital Appreciation Strategies. He is a vice president of the T. Rowe Price Institutional International Funds, Inc., and the T. Rowe Price International Funds, Inc. Mr. Tamaddon also is a vice president of T. Rowe Price Group, Inc.

 

Institutional Mutual Fund

Institutional Large-Cap Value Fund

Invests in large-capitalization companies that appear to be undervalued but have good prospects for capital appreciation. Our in-house research team seeks to identify undervalued stocks by considering key financial ratios such as price/earnings, price/book value, price/sales, and price/cash flow.

There is the risk that the market will not recognize a security’s intrinsic value for a long time or that a stock judged to be undervalued may actually be appropriately priced. By investing in common stocks, the fund is subject to declines in the broad stock market.

Institutional  TILCX CUSIP 45775L200

Fund Manager Tenure

Net Assets
(USD)

19yrs
$3.4b

Price
(USD)

Daily Price Change

$23.44
$-0.05

Inception Date 03/31/2000

John D.  Linehan
John D. Linehan, Co-Portfolio Manager

John D. Linehan is the portfolio manager for the Equity Income Strategy and co-portfolio manager of the US Large-Cap Value Strategy. In addition, he is the chief investment officer of Equity and a member of the firm's U.S. Equity Steering and Equity Brokerage and Trading Control Committees. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Institutional Mutual Fund

Institutional Mid-Cap Equity Growth Fund

Invests in mid-cap growth companies that may possess the following characteristics: successfully weathered the “start-up” years, offer proven products and/or services, have experienced management teams, can finance their own growth, and considered “rapid” growers.

Mid-cap securities are typically more volatile than large-company stocks.

Institutional  PMEGX CUSIP 45775L101

Fund Manager Tenure

Net Assets
(USD)

23yrs
$7.7b

Price
(USD)

Daily Price Change

$60.96
$-0.19

Inception Date 07/31/1996

Brian W. H. Berghuis
Brian W. H. Berghuis, Lead Portfolio Manager

Brian W. H. Berghuis is a member of T. Rowe Price's U.S. Equity Steering Committee and the lead portfolio manager for the firm's US Mid-Cap Growth Equity Strategy.

 

Institutional Mutual Fund

Institutional Small-Cap Stock Fund

Invests in both growth- and value-oriented securities to temper the generally higher risk of small-company stocks. Reliance on T. Rowe Price’s intensive in-house small-cap research to help uncover opportunities missed by others.

Small companies tend to be riskier than large companies. Diversification cannot assure a profit or protect against loss in a declining market.

Institutional  TRSSX CUSIP 45775L309

Fund Manager Tenure

Net Assets
(USD)

2yrs
$5.3b

Price
(USD)

Daily Price Change

$25.78
$-0.04

Inception Date 03/31/2000

Frank M. Alonso
Frank M. Alonso, Lead Portfolio Manager

Frank Alonso is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is the lead manager for the U.S. Small-Cap Core Equity Strategy. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Institutional Mutual Fund

Institutional U.S. Structured Research Fund

Invests in stocks using a disciplined portfolio construction process whereby it weights each sector approximately the same as the S&P 500 Index.

As with all equity funds, this fund’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings.

Institutional  TRISX CUSIP 45775L705

Fund Manager Tenure

Net Assets
(USD)

4yrs
$922.8m

Price
(USD)

Daily Price Change

$13.35
$-0.07

Inception Date 10/31/2007

Ann Holcomb
Ann Holcomb, Co-Portfolio Manager

Ann Holcomb is a portfolio manager in the U.S. Equity Division of T. Rowe Price and head of the Associate Analyst Program . Ms. Holcomb is cochair of the Investment Advisory Committee of the US Structured Research Strategy. She also is portfolio manager of the European Structured Research Strategy. Ms. Holcomb is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

International Disciplined Equity Fund

Formerly International Concentrated Equity Fund

Invests in stocks of companies located outside the U.S. At least 80% of net assets in non-U.S. companies and no more than 15% in stocks of companies in emerging markets.

Share prices are subject to the risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad. Diversification cannot assure a profit or protect against loss in a declining market.

 PRCNX CUSIP 77956H591

Fund Manager Tenure

Net Assets
(USD)

5yrs
$116.5m

Price
(USD)

Daily Price Change

$10.44
$-0.01

Inception Date 08/22/2014

Federico Santilli
Federico Santilli, Portfolio Manager

Federico Santilli is a portfolio manager in the Equity Division at T. Rowe Price, covering international equity. Mr. Santilli is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd.

 

Mutual Fund

International Discovery Fund

Invests in a variety of industries in developed and emerging markets. Seeks to invest in firms with quality management, strength of franchise, reasonable valuation, and strong cash flows.

Investing internationally involves special risks, including economic and political uncertainty and currency fluctuation. Generally, a fund that invests in emerging markets represents higher risk and potential reward than one focusing on more mature economies and markets.

 PRIDX CUSIP 77956H302

Fund Manager Tenure

Net Assets
(USD)

21yrs
$7.9b

Price
(USD)

Daily Price Change

$63.21
$-0.34

Inception Date 12/30/1988

Justin Thomson
Justin Thomson, Lead Portfolio Manager

Justin Thomson is a chief investment officer and a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd. Mr. Thomson is the lead manager of the International Small-Cap Equity Strategy and chair of its Investment Advisory Committee. He is a member of the International Equity Steering Committee, the Asset Allocation Committee, the Proxy Voting Committee, and the Ethics Committee.

 

Mutual Fund

International Equity Index Fund

Seeks to match the performance of the FTSE Developed ex North America Index, an equity market index based on the market capitalization of over 1,000 predominately large companies listed in Japan, the U.K., and developed countries in Continental Europe and the Pacific Rim.

Share prices are subject to market risk, as well as risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad.

Investor Class  PIEQX CUSIP 77958A107

Fund Manager Tenure

Net Assets
(USD)

12yrs
$555.4m

Price
(USD)

Daily Price Change

$13.56
$-0.02

Inception Date 11/30/2000

Neil Smith
Neil Smith, Portfolio Manager

Neil Smith is the head of International Portfolio Modeling and an executive vice president and chairman of the Investment Advisory Committee of the T. Rowe Price International Equity Index Fund, Inc. He is also a member of the Valuation Committee. Mr. Smith is a vice president of T. Rowe Price Group, Inc., T. Rowe Price International Ltd, T. Rowe Price Hong Kong Limited and T. Rowe Price Singapore Private Ltd.

 

Mutual Fund

International Stock Fund

Invests in companies capable of achieving and sustaining above-average, long-term earnings growth. Favors companies with leading market position, technological leadership or proprietary advantage, and seasoned management.

Share prices are subject to the risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad.

 PRITX CUSIP 77956H203

Fund Manager Tenure

Net Assets
(USD)

4yrs
$14.6b

Price
(USD)

Daily Price Change

$17.51
$-0.04

Inception Date 05/09/1980

Richard N. Clattenburg
Richard N. Clattenburg, Portfolio Manager

Richard "Trip" Clattenburg is a portfolio manager for T. Rowe Price's International Growth Equity Strategy. He is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and a member of the Investment Advisory Committee.

 

Mutual Fund

International Value Equity Fund

Formerly International Growth and Income Fund

Invests in companies with favorable prospects for capital appreciation that exhibit value characteristics. Broadly diversified, primarily among the world’s developed countries. Over long periods, international investing offers diversification benefits relative to an all-U.S. portfolio.

Of course, diversification cannot assure a profit or protect against loss in a declining market. Investing internationally involves special risks, including economic and political uncertainty and currency fluctuation.

 TRIGX CUSIP 77956H849

Fund Manager Tenure

Net Assets
(USD)

<1yr
$9.8b

Price
(USD)

Daily Price Change

$13.38
$0.00

Inception Date 12/21/1998

Colin McQueen
Colin McQueen, Portfolio Manager

Colin McQueen is a portfolio manager in the Equity Division at T. Rowe Price, managing the International Value Equity Strategy. Mr. McQueen is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd.

 

Mutual Fund

Japan Fund

Invests in companies capable of achieving and sustaining above-average, long-term earnings growth and cash flow over the economic cycle. Favors companies with leading market position, technological leadership or proprietary advantage, and seasoned management.

Investing internationally involves special risks including currency fluctuation, political and economic uncertainty, differing regulatory environments and accounting standards, and uncertain tax laws.

 PRJPX CUSIP 77956H708

Fund Manager Tenure

Net Assets
(USD)

5yrs
$716.4m

Price
(USD)

Daily Price Change

$14.18
$0.00

Inception Date 12/30/1991

Archibald Ciganer
Archibald Ciganer, Portfolio Manager

Archibald Ciganer is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Japan, Inc.  As of December 2013, he has been portfolio manager for the Japan Equity Strategy, having previously covered the telecom, transportation, utility, media and consumer sectors as a research analyst in the Equity Division of T. Rowe Price.

 

Mutual Fund

Latin America Fund

Invests in companies with attractive valuations and earnings that are growing faster than their local, regional peers. Identify themes/trends and industries that are likely to experience high future growth.

International investments are generally more volatile than domestic investments. Investing internationally involves special risks including economic and political uncertainty and currency fluctuation.

 PRLAX CUSIP 77956H880

Fund Manager Tenure

Net Assets
(USD)

5yrs
$551.0m

Price
(USD)

Daily Price Change

$24.16
$+0.03

Inception Date 12/29/1993

Verena Wachnitz
Verena Wachnitz, Portfolio Manager

Verena Wachnitz is the portfolio manager for the Latin America Equity Strategy. Prior to this, she was an analyst in the Equity Research team, covering the telecom, financials, materials and real estate sectors in Latin America. Ms. Wachnitz is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd.

 

Mutual Fund

Mid-Cap Growth Fund

Invests in mid-cap growth companies that may possess the following characteristics: successfully weathered the “start-up” years, offer proven products and/or services, and have experienced management teams.

Mid-cap securities are typically more volatile than large-company stocks.

 RPMGX CUSIP 779556109

Fund Manager Tenure

Net Assets
(USD)

27yrs
$33.4b

Price
(USD)

Daily Price Change

$95.50
$-0.28

Inception Date 06/30/1992

Brian W. H. Berghuis
Brian W. H. Berghuis, Lead Portfolio Manager

Brian W. H. Berghuis is a member of T. Rowe Price's U.S. Equity Steering Committee and the lead portfolio manager for the firm's US Mid-Cap Growth Equity Strategy.

 

Mutual Fund

Mid-Cap Value Fund

Invests at least 80% in companies whose market capitalization falls within the range of companies in the S&P MidCap 400 Index or the Russell Midcap Value Index. Focuses on companies with attractive operating margins, sound balance sheets, and stock ownership by management.

The stocks of mid-cap companies entail greater risk and are usually more volatile than the shares of large companies.

 TRMCX CUSIP 77957Y106

Fund Manager Tenure

Net Assets
(USD)

18yrs
$12.1b

Price
(USD)

Daily Price Change

$27.34
$-0.08

Inception Date 06/28/1996

David J. Wallack
David J. Wallack, Portfolio Manager

David J. Wallack is lead portfolio manager for T. Rowe Price's US Mid-Cap Value Equity Strategy and a vice president of T. Rowe Price Group, Inc. Mr. Wallack has been in these roles since 2001. He also serves on the Investment Advisory Committee for the firm's Global Natural Resources Equity Strategy.

 

Mutual Fund

New America Growth Fund

Invests primarily in common stocks of U.S. companies in sectors of the economy that are the fastest growing or have the greatest growth potential.

The fund may entail above-average risk since growth companies pay few dividends and are typically more volatile than slower-growing companies with high dividends.

 PRWAX CUSIP 779557107

Fund Manager Tenure

Net Assets
(USD)

3yrs
$5.2b

Price
(USD)

Daily Price Change

$53.59
$-0.44

Inception Date 09/30/1985

Justin P. White, CFA
Justin P. White, CFA, Portfolio Manager

Justin White is the portfolio manager for the New America Growth Strategy of T. Rowe Price. Prior to his current role, Mr. White was an equity analyst, covering internet infrastructure companies and cable/satellite and U.S. telecom companies. Mr. White is president and chairman of the Investment Advisory Committee of the New America Growth Strategy. He also serves on the Investment Advisory Committees of the Blue Chip Growth, Capital Opportunity, Mid-Cap Growth, Mid-Cap Value, and Communication & Technology Strategies. Mr. White is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

New Asia Fund

Invests in companies that provide sustainable growth and/or potential for multiple expansion over the long-term through fundamental research.

Emerging markets investments are generally more volatile than domestic investments.

 PRASX CUSIP 77956H500

Fund Manager Tenure

Net Assets
(USD)

10yrs
$2.6b

Price
(USD)

Daily Price Change

$17.85
$+0.15

Inception Date 09/28/1990

Anh Lu
Anh Lu, Portfolio Manager

Anh Lu is a portfolio manager in the Equity Division of T. Rowe Price Hong Kong Limited. Ms. Lu is the lead portfolio manager for the Asia ex-Japan Equity Strategy. She is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Hong Kong Limited.

 

Mutual Fund

New Era Fund

Invests a minimum of two-thirds of its assets in the common stocks of natural resource companies whose earnings and tangible assets may benefit from rising inflation. Favors companies whose products can be produced and marketed profitably when both labor costs and prices are rising.

The fund is less diversified than most stock funds and could experience sharp price declines when conditions are unfavorable in the sector. Investments in foreign securities may lose value due to declining currencies or adverse political or economic events overseas. Investors should be able to accept the risk of a fund that may underperform when economic growth is slowing and the level of inflation is low.

 PRNEX CUSIP 779559103

Fund Manager Tenure

Net Assets
(USD)

5yrs
$3.3b

Price
(USD)

Daily Price Change

$33.28
$0.00

Inception Date 01/20/1969

Shawn T.  Driscoll
Shawn T. Driscoll, Portfolio Manager

Shawn Driscoll is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is the portfolio manager for the Global Natural Resources Strategy and is president and chairman of its Investment Advisory Committee. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Mutual Fund

New Horizons Fund

Invests primarily in a diversified group of small, emerging growth companies, preferably early in the corporate life cycle before a company becomes widely recognized by the investment community.

Investing in small companies involves greater risk than is customarily associated with larger companies.

 PRNHX CUSIP 779562107

Fund Manager Tenure

Net Assets
(USD)

<1yr
$27.3b

Price
(USD)

Daily Price Change

$62.54
$-0.15

Inception Date 06/03/1960

Joshua K.  Spencer
Joshua K. Spencer, Portfolio Manager

Joshua Spencer is the lead portfolio manager for the US Small-Cap Growth Equity Strategy, including the New Horizons Strategy. He was previously the portfolio manager of the Global Technology Equity Strategy for nearly seven years. From 2004 to 2012, he was an investment analyst covering semiconductors and equipment under the technology industry. Mr. Spencer is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Overseas Stock Fund

Invests in firms with a favorable combination of growth prospects and valuation. Several of the characteristics we look for: accelerating earnings and cash flow growth, reasonable valuation, and barriers to entry at industry and product level.

Investing internationally involves special risks including economic and political uncertainty and currency fluctuation.

 TROSX CUSIP 77956H757

Fund Manager Tenure

Net Assets
(USD)

12yrs
$17.0b

Price
(USD)

Daily Price Change

$10.49
$-0.02

Inception Date 12/29/2006

Raymond A.  Mills
Raymond A. Mills, Portfolio Manager

Raymond A. Mills is the portfolio manager of the T. Rowe Price International Core Equity Strategy. Mr. Mills also serves on the Investment Advisory Committees for other international equity, asset allocation, and global real estate strategies. He is a member of the International Equity Steering Committee and the Equity Brokerage and Trading Control Committee. Mr. Mills is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price International Ltd.

 

Mutual Fund

QM Global Equity Fund

Individuals seeking long-term growth of capital who can accept the possibility of more share price volatility than is associated with larger companies or the broad market averages. Appropriate for both regular and tax-deferred accounts, such as IRAs.

The fund's strategy relies heavily on quantitative models to analyze data and construct investment portfolios. Relying on quantitative models entails the risk that the models themselves may be limited or incorrect, that the data that the models rely on may be incorrect or incomplete, and that the adviser may not be successful in selecting companies for investment or determining the weighting of particular stocks. Stock prices can fall because of weakness in the broad market, a particular industry, or specific holdings. Share prices are subject to market risk, as well as risks associated with unfavorable currency exchange rates and political or economic uncertainty abroad.

 TQGEX CUSIP 779917202

Fund Manager Tenure

Net Assets
(USD)

3yrs
$19.1m

Price
(USD)

Daily Price Change

$13.35
$-0.05

Inception Date 04/15/2016

Sudhir Nanda
Sudhir Nanda, Portfolio Manager

Sudhir Nanda is a portfolio manager and the head of the Quantitative Equity Group for T. Rowe Price. He is president of the Investment Advisory Committees of the QM US Small-Cap Growth Equity, QM US Value Equity, QM US Small- and Mid-Cap Core Equity, and QM Global Equity Strategies. He is a vice president and member of the Investment Advisory Committees for the Capital Appreciation, Diversified Mid-Cap Growth, and Institutional Global Value Equity Strategies. In addition, he is a member of the U.S. Equity Steering Committee. Mr. Nanda is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

QM U.S. Small & Mid-Cap Core Equity Fund

Individuals seeking long-term growth of capital who can accept the possibility of more share price volatility than is associated with larger companies or the broad market averages. Appropriate for both regular and tax-deferred accounts, such as IRAs.

Because the fund invests primarily in securities issued by small-and mid-cap companies, it is likely to be more volatile than a fund that focuses on securities issued by larger companies. Small- and medium-sized companies often have less experienced management, narrower product lines, more limited financial resources, and less publicly available information than larger companies. In addition, smaller companies are typically more sensitive to changes in overall economic conditions and their securities may be difficult to trade. The fund's strategy relies heavily on quantitative models to analyze data and construct investment portfolios. Relying on quantitative models entails the risk that the models themselves may be limited or incorrect, that the data that the models rely on may be incorrect or incomplete, and that the adviser may not be successful in selecting companies for investment or determining the weighting of particular stocks. Stock prices can fall because of weakness in the broad market, a particular industry, or specific holdings.

 TQSMX CUSIP 779917509

Fund Manager Tenure

Net Assets
(USD)

2yrs
$96.8m

Price
(USD)

Daily Price Change

$15.23
$-0.03

Inception Date 02/26/2016

Sudhir Nanda
Sudhir Nanda, Co-Portfolio Manager

Sudhir Nanda is a portfolio manager and the head of the Quantitative Equity Group for T. Rowe Price. He is president of the Investment Advisory Committees of the QM US Small-Cap Growth Equity, QM US Value Equity, QM US Small- and Mid-Cap Core Equity, and QM Global Equity Strategies. He is a vice president and member of the Investment Advisory Committees for the Capital Appreciation, Diversified Mid-Cap Growth, and Institutional Global Value Equity Strategies. In addition, he is a member of the U.S. Equity Steering Committee. Mr. Nanda is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

QM U.S. Small-Cap Growth Equity Fund

Invests primarily in small-cap growth companies. The portfolio will be broadly diversified, and the top 25 holdings will not constitute a large portion of assets.

The fund’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings. Small companies tend to be riskier than large companies.

 PRDSX CUSIP 779917103

Fund Manager Tenure

Net Assets
(USD)

12yrs
$7.9b

Price
(USD)

Daily Price Change

$38.79
$-0.07

Inception Date 06/30/1997

Sudhir Nanda
Sudhir Nanda, Portfolio Manager

Sudhir Nanda is a portfolio manager and the head of the Quantitative Equity Group for T. Rowe Price. He is president of the Investment Advisory Committees of the QM US Small-Cap Growth Equity, QM US Value Equity, QM US Small- and Mid-Cap Core Equity, and QM Global Equity Strategies. He is a vice president and member of the Investment Advisory Committees for the Capital Appreciation, Diversified Mid-Cap Growth, and Institutional Global Value Equity Strategies. In addition, he is a member of the U.S. Equity Steering Committee. Mr. Nanda is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

QM U.S. Value Equity Fund

Individuals seeking long-term growth of capital who can accept the price declines inherent in common stock investing. Appropriate for both regular and tax-deferred accounts, such as IRAs.

The fund’s strategy relies heavily on quantitative models to analyze data and construct investment portfolios. Relying on quantitative models entails the risk that the models themselves may be limited or incorrect, that the data that the models rely on may be incorrect or incomplete, and that the adviser may not be successful in selecting companies for investment or determining the weighting of particular stocks. Stock prices can fall because of weakness in the broad market, a particular industry, or specific holdings.

 TQMVX CUSIP 779917806

Fund Manager Tenure

Net Assets
(USD)

3yrs
$19.0m

Price
(USD)

Daily Price Change

$13.31
$-0.03

Inception Date 02/26/2016

Farris G. Shuggi, CFA
Farris G. Shuggi, CFA, Portfolio Manager

Farris Shuggi is the portfolio manager of the QM US Value Equity Strategy for T. Rowe Price. He is an executive vice president and Investment Advisory Committee member of the T. Rowe Price Quantitative Management Strategies and a vice president and an Investment Advisory Committee member of the Capital Appreciation, Equity Income, and Small-Cap Value Strategies. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Real Assets Fund

Invests at least 80% in "real assets" and securities of companies that are engaged in activities related to, or have substantial ownership of, real assets. Real assets include any assets that have physical properties, real estate, basic materials, equipment, utilities and infrastructure, and commodities.

Because the fund focuses its investments in certain industries that involve activities related to real assets, the fund is more susceptible to adverse developments affecting one or more of these industries and may perform poorly during a downturn in any of those industries. During periods of low inflation, the fund's goal of investing in companies that offer some protection from accelerating inflation could lessen relative returns and cause the fund to underperform other stock funds. Since there is no limit on the fund's investments in foreign securities or emerging markets, it will be subject to the risk that some holdings will lose value because of unfavorable currency exchange rates or adverse political or economic developments overseas.

 PRAFX CUSIP 87279W100

Fund Manager Tenure

Net Assets
(USD)

<1yr
$3.0b

Price
(USD)

Daily Price Change

$11.53
$+0.01

Inception Date 07/28/2010

Richard Coghlan
Richard Coghlan, Co-Portfolio Manager

Richard Coghlan is a global solutions portfolio manager in the Multi-Asset Division of T. Rowe Price and co-portfolio manager of the Real Assets Fund. He is also a member of the Multi-Asset Steering Committee.

 

Mutual Fund

Real Estate Fund

Invests at least 80% in the equity of securities of companies that derive at least 50% of revenue or profits from, or commit at least 50% of assets to, real estate activities. The fund is likely to maintain a significant portion of assets in real estate investment trusts (REITs).

Narrow sector focus entails more volatility than funds with a broader scope. As with all stock funds, this fund’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings.

 TRREX CUSIP 779919109

Fund Manager Tenure

Net Assets
(USD)

<1yr
$3.6b

Price
(USD)

Daily Price Change

$29.72
$-0.07

Inception Date 10/31/1997

Nina P.  Jones
Nina P. Jones, Portfolio Manager

Nina Jones is the lead portfolio manager for the T. Rowe Price Global Real Estate Strategy and is chairman of its Investment Advisory Committee. She is a vice president and an Investment Advisory Committee member of the Global Growth Stock, Capital Appreciation, and Financial Services Strategies. Mrs. Jones is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Science & Technology Fund

Invests in technology companies with the following attributes: potential for real earnings and revenue growth, leading or growing market share, diversify security and industry exposure to reduce volatility.

Potential volatility inherent in an industry: That is highly competitive, where companies that fall short of expectations are often treated harshly by investors.

 PRSCX CUSIP 77957M102

Fund Manager Tenure

Net Assets
(USD)

10yrs
$6.0b

Price
(USD)

Daily Price Change

$41.63
$-0.21

Inception Date 09/30/1987

Ken Allen
Ken Allen, Portfolio Manager

Ken Allen is a portfolio manager and investment analyst in the U.S. Equity Division at T. Rowe Price. He is president of the Investment Advisory Committee of the Science & Technology Fund and covers software within the information technology industry. Mr. Allen is a member of the Investment Advisory Committees for many of the firm's strategies with information technology investments. He also has portfolio management responsibilities in the firm's US Structured Research Equity Strategy. Mr. Allen is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Small-Cap Stock Fund

Invests in both growth- and value-oriented securities to temper the generally higher risk of small-company stocks. Reliance on intensive in-house research to help uncover opportunities.

Small companies tend to be riskier than large companies.

 OTCFX CUSIP 779572106

Fund Manager Tenure

Net Assets
(USD)

2yrs
$9.9b

Price
(USD)

Daily Price Change

$52.31
$-0.07

Inception Date 06/01/1956

Frank M. Alonso
Frank M. Alonso, Lead Portfolio Manager

Frank Alonso is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is the lead manager for the U.S. Small-Cap Core Equity Strategy. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Mutual Fund

Small-Cap Value Fund

Invests in small-company stocks that firm believes do not reflect their underlying value. Intensive in-house research considers, among many factors: low price/earnings, price/book value, and price/cash flow ratios and solid financial characteristics.

Small companies tend to be riskier than large companies.

 PRSVX CUSIP 77957Q103

Fund Manager Tenure

Net Assets
(USD)

5yrs
$9.5b

Price
(USD)

Daily Price Change

$47.62
$-0.06

Inception Date 06/30/1988

J. David Wagner
J. David Wagner, Portfolio Manager

David Wagner is the lead portfolio manager for T. Rowe Price's US Small-Cap Value Equity Strategy. He also serves on the Investment Advisory Committees of the Mid-Cap Value Strategy, New Horizons Strategy, and Small-Cap Stock Strategy. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Total Equity Market Index Fund

Invests substantially in a broad spectrum of small-, mid-, and large-cap stocks representative of the S&P Total Market Index (sampling strategy).

Stocks can decline for many reasons, including adverse political or economic developments here or abroad, changes in investor psychology, or heavy institutional selling. Actively managed funds may outperform this fund.

Investor Class  POMIX CUSIP 779552306

Fund Manager Tenure

Net Assets
(USD)

<1yr
$1.9b

Price
(USD)

Daily Price Change

$33.45
$-0.16

Inception Date 01/30/1998

Alexa Gagliardi
Alexa Gagliardi, Portfolio Manager

Alexa Gagliardi is a portfolio manager in the U.S. Portfolio Modeling Group of T. Rowe Price. She is the chairman of the Investment Advisory Committees of the U.S. Equity Index Strategies. She is also a member of the Investment Advisory Committee of the International Equity Index Strategy. Ms. Gagliardi is a vice president of T. Rowe Price Associates, Inc.

 

Mutual Fund

U.S. Equity Research Fund

Formerly Capital Opportunity Fund

Invests in stocks within each industry based on weightings similar to the S&P 500. A team of industry-focused T. Rowe Price equity analysts is directly responsible for selecting stocks for the fund.

As with all equity funds, this fund’s share price can fall because of weakness in the broad market, a particular industry, or specific holdings.

 PRCOX CUSIP 77954P108

Fund Manager Tenure

Net Assets
(USD)

4yrs
$1.6b

Price
(USD)

Daily Price Change

$28.76
$-0.15

Inception Date 11/30/1994

Ann Holcomb
Ann Holcomb, Co-Portfolio Manager

Ann Holcomb is a portfolio manager in the U.S. Equity Division of T. Rowe Price and head of the Associate Analyst Program . Ms. Holcomb is cochair of the Investment Advisory Committee of the US Structured Research Strategy. She also is portfolio manager of the European Structured Research Strategy. Ms. Holcomb is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

U.S. Large-Cap Core Fund

Invests in both growth and value stocks. Stocks will be selected that have the most favorable combination of company fundamentals, earnings potential and valuation.

Stocks with growth characteristics can have sharp price declines as a result of earnings disappointments. Stocks with value characteristics carry the risk that the market will not recognize their intrinsic value for a long time or that they are actually appropriately priced at a low level. The fund’s fairly concentrated portfolio means poor performance by several fund holdings could affect the fund more than a fund holding a larger number of companies.

 TRULX CUSIP 74149R107

Fund Manager Tenure

Net Assets
(USD)

10yrs
$574.0m

Price
(USD)

Daily Price Change

$25.89
$-0.13

Inception Date 06/26/2009

Jeff Rottinghaus
Jeff Rottinghaus, Portfolio Manager

Jeff Rottinghaus is a portfolio manager in the U.S. Equity Division of T. Rowe Price. He is president of the US Large-Cap Core Equity and Growth & Income Strategies and chairman of the strategies' Investment Advisory Committees. In addition, he is a vice president and an Investment Advisory Committee member of the Dividend Growth and Capital Appreciation Strategies. Mr. Rottinghaus is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Value Fund

Invests in “bargain” stocks that offer an opportunity for capital appreciation as other investors recognize the company’s real value. Intensive in-house research identifies undervalued stocks by considering key financial ratios: price/earnings, price/book value, and price/cash flow.

Potentially lower price appreciation compared with a growth fund. Possibility that a stock judged to be undervalued is actually appropriately priced.

 TRVLX CUSIP 779578103

Fund Manager Tenure

Net Assets
(USD)

9yrs
$24.6b

Price
(USD)

Daily Price Change

$37.05
$-0.12

Inception Date 09/30/1994

Mark S.  Finn
Mark S. Finn, Portfolio Manager

Mark Finn is the portfolio manager of the US Value Equity Strategy and is also co-portfolio manager of the US Large-Cap Value Equity Strategy. Mr. Finn is a vice president of T. Rowe Price Group, Inc.

 
 

Mutual Fund

Corporate Income Fund

Invests primarily in corporate debt securities issued by U.S. and foreign companies. Holdings will be a mix of long-term investment-grade and non-investment-grade bonds. High-yield bonds, convertibles, and foreign securities provide the opportunity for capital growth and higher income but with greater risk.

Yield and share price will vary with interest rate changes. If interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term.

 PRPIX CUSIP 741478101

Fund Manager Tenure

Net Assets
(USD)

1yr
$760.0m

Price
(USD)

Daily Price Change

$9.92
$+0.04

Inception Date 10/31/1995

Steven Boothe
Steven Boothe, Co-Portfolio Manager

Steve Boothe is a portfolio manager in the Fixed Income Division at T. Rowe Price. Mr. Boothe has lead portfolio management responsibilities for the Global Investment Grade and U.S. Investment Grade Corporate Bond Strategies. He is a member of the Global Multi-Sector and U.S. Taxable Bond teams, with a focus on global and U.S. investment-grade corporate bond portfolios. Mr. Boothe is an executive vice president and cochairman of the Investment Advisory Committee of the Corporate Bond Strategy. He is also a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Mutual Fund

Credit Opportunities Fund

Invests at least 80% in credit and derivative instruments. The fund may invest without limit in below investment-grade or unrated bonds and up to 50% in bank loans.

This fund could have greater price declines than a fund that invests primarily in high-quality bonds or loans; the loans and debt securities held by the fund are usually considered speculative and involve a greater risk of default and price decline than higher-rated bonds.

 PRCPX CUSIP 87279J109

Fund Manager Tenure

Net Assets
(USD)

4yrs
$74.1m

Price
(USD)

Daily Price Change

$8.68
$0.00

Inception Date 04/29/2014

Rodney M.  Rayburn
Rodney M. Rayburn, Portfolio Manager

Rodney Rayburn is a portfolio manager responsible for the Credit Opportunities Strategy in the Fixed Income Division at T. Rowe Price. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Mutual Fund

Dynamic Global Bond Fund

Formerly Global Unconstrained Bond Fund

Invests at least 80% in bonds, and seeks to offer some protection against rising interest rates and a low correlation with the equity markets. May invest in a variety of debt securities, obligations issued by U.S. and foreign corporations, as well as bank loans.

The Fund is subject to the risk that rising interest rates will cause bond prices to fall. The fund is “nondiversified” so its share price can be expected to fluctuate more than that of a “diversified” fund. Investments in foreign bonds are subject to special risks, including potentially adverse overseas political and economic developments, greater volatility, lower liquidity, and the possibility that foreign currencies will decline against the dollar. The fund’s use of derivatives may expose it to additional volatility in comparison to investing directly in bonds and other debt securities.

 RPIEX CUSIP 77956H575

Fund Manager Tenure

Net Assets
(USD)

4yrs
$4.4b

Price
(USD)

Daily Price Change

$9.16
$+0.01

Inception Date 01/22/2015

Arif Husain
Arif Husain, Portfolio Manager

Arif Husain is head of International Fixed Income at T. Rowe Price. He is lead portfolio manager for the Dynamic Global Bond Strategies. Mr. Husain is also co-portfolio manager for the firm's International Bond, Global Aggregate Bond and Institutional International Bond Strategies. He is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd.

 

Mutual Fund

Emerging Markets Bond Fund

Invests at least 80% in the government or corporate debt securities of emerging nations.

Fund holdings may include the lowest-rated bonds, including those in default. Possible higher short-term volatility than U.S. investments as political instability may impact emerging economies. Investing internationally involves special risks, including economic and political uncertainty and currency fluctuation. To the extent the funds use futures, swaps, and other derivatives, they are exposed to additional volatility and potential losses.

 PREMX CUSIP 77956H872

Fund Manager Tenure

Net Assets
(USD)

24yrs
$5.6b

Price
(USD)

Daily Price Change

$11.56
$+0.02

Inception Date 12/30/1994

Michael J.  Conelius
Michael J. Conelius, Portfolio Manager

Michael Conelius is a portfolio manager in the Fixed Income Division at T. Rowe Price. Mr. Conelius is lead manager of T. Rowe Price's Emerging Markets Bond Strategy. He is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T. Rowe Price International Ltd.

 

Mutual Fund

Emerging Markets Corporate Bond Fund

Invests in at least 80% in bonds issued by companies located, listed, or conducting predominant business activites in emerging markets.

May invest in unrated or below investment-grade bonds. Involves a high-risk approach to income from foreign bonds, and its share price could fluctuate significantly. Subject to the risks unique to international investing, including unfavorable changes in currency values, as well as interest rate and credit risks normally associated with investing in bonds.

 TRECX CUSIP 77956H658

Fund Manager Tenure

Net Assets
(USD)

3yrs
$111.9m

Price
(USD)

Daily Price Change

$10.71
$+0.01

Inception Date 05/24/2012

Samy Muaddi
Samy Muaddi, Portfolio Manager

Samy Muaddi is a portfolio manager in the Fixed Income Division of T. Rowe Price. Mr. Muaddi is the lead manager and executive vice president of the Emerging Markets Corporate Bond and Multi-Sector Account Strategies and chairman of the strategies' Investment Advisory Committees. He also manages the Asia Credit Strategy and is co-portfolio manager of the Global High Income Strategy. Mr. Muaddi is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Mutual Fund

Emerging Markets Local Currency Bond Fund

Invests at least 80% of net assets in government and corporate bonds that are denominated in emerging markets currencies.

The fund may invest in unrated or below investment grade bonds. Possible higher short-term volatility than U.S. investments as political instability may impact emerging economies. Investing internationally involves special risks, including economic and political uncertainty and currency fluctuation. The fund is subject to significant risk based solely on the weakness of foreign currencies versus the U.S dollar and changes in the exchange rates. To the extent the funds use futures, swaps, and other derivatives, they are exposed to additional volatility and potential losses.

 PRELX CUSIP 77956H674

Fund Manager Tenure

Net Assets
(USD)

8yrs
$446.2m

Price
(USD)

Daily Price Change

$6.27
$-0.01

Inception Date 05/26/2011

Andrew Keirle
Andrew Keirle, Portfolio Manager

Andrew Keirle is a senior portfolio manager in the Fixed Income Division and a member of the Global Fixed Income Investment Team. Mr. Keirle is the lead portfolio manager for the Emerging Markets Local Currency Bond Strategy and has important input on a number of emerging markets bond strategies and global fixed income strategies. He is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd.

 

Mutual Fund

Floating Rate Fund

Invests primarily in institutional floating-rate bank loans and other floating-rate debt securities with below investment-grade credit ratings. Broadly diversified across 125–150 credit facilities, with strict exposure limits to manage risk.

The loans and debt securities held by the fund are usually considered speculative and involve a greater risk of default and price decline than higher-rated bonds. This fund could have greater price declines than a fund that invests primarily in high-quality bonds or loans.

 PRFRX CUSIP 87279B106

Fund Manager Tenure

Net Assets
(USD)

8yrs
$1.7b

Price
(USD)

Daily Price Change

$9.68
$0.00

Inception Date 07/29/2011

Paul Massaro
Paul Massaro, Portfolio Manager

Paul Massaro is a portfolio manager for high yield strategies in the Fixed Income Division at T. Rowe Price. He is chairman of the Investment Advisory Committee and portfolio manager of the Floating Rate Bank Loan Strategy. Mr. Massaro also is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T. Rowe Price Trust Company.

 

Mutual Fund

Global High Income Bond Fund

Invests at least 80% in bonds. It seeks to invest in a diversified portfolio of high yield bonds, also known as “junk” bonds, and other high income-producing instruments.

In addition to interest rate risk and significant credit risk, the fund is subject to special risks, including potentially adverse political and economic developments overseas, greater volatility, lower liquidity, and the possibility that foreign currencies will decline against the dollar. The fund’s investments in emerging markets are subject to the risk of abrupt and severe price declines. High yield bonds carry greater default risk than higher-rated bonds, along with greater liquidity risk. Yield and share price will vary with interest rate changes.

 RPIHX CUSIP 77956H559

Fund Manager Tenure

Net Assets
(USD)

4yrs
$133.7m

Price
(USD)

Daily Price Change

$10.12
$0.00

Inception Date 01/22/2015

Mark J. Vaselkiv
Mark J. Vaselkiv, Co-Portfolio Manager

Mark Vaselkiv is chief investment officer of Fixed Income at T. Rowe Price. He is lead portfolio manager of the firm's Global High Yield and Global High Income Strategies as well as head of the Global High Yield team in the Fixed Income Division. He is additionally a member of both the Fixed Income Steering Committee and the firm's Asset Allocation Committee. Mr. Vaselkiv is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T. Rowe Price Trust Company.

 

Mutual Fund

Global Multi-Sector Bond Fund

Invests in domestic and foreign debt instruments, including government and corporate bonds; mortgage-backed, commercial mortgage-backed, and asset-backed securities; and preferred stocks.

If interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term. High-yield bonds carry greater default risk than higher-rated bonds along with greater liquidity risk. To the extent the fund holds foreign bonds, it will be subject to special risks, including potentially adverse political and economic developments overseas, greater volatility, lower liquidity, and the possibility that foreign currencies will decline against the dollar. Investments in emerging markets are subject to the risk of abrupt and severe price declines.

 PRSNX CUSIP 74149N106

Fund Manager Tenure

Net Assets
(USD)

1yr
$1.2b

Price
(USD)

Daily Price Change

$11.61
$+0.01

Inception Date 12/15/2008

Kenneth A.  Orchard
Kenneth A. Orchard, Portfolio Manager

Kenneth Orchard is a senior portfolio manager in the Fixed Income Division of T. Rowe Price and a member of the Global Fixed Income Investment team, with responsibility for cochairing the Fixed Income Sector Strategy Advisory Group . He is the portfolio manager for the Global Multi-Sector Bond and Diversified Income Bond Strategies and co-portfolio manager for the International Bond Strategies . He is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd.

 

Mutual Fund

High Yield Fund

Invests in issues with above-average yields and the potential for capital appreciation. Conduct rigorous credit analysis to determine ability for issuer to pay debt on a timely basis and likelihood an issue will be upgraded to investment grade.

Three forms of risk may impact high-yield bonds: Credit risk (high-yield bonds carry a greater default risk than higher-rated bonds), Interest rate risk, Liquidity risk.

 PRHYX CUSIP 741481105

Fund Manager Tenure

Net Assets
(USD)

23yrs
$8.2b

Price
(USD)

Daily Price Change

$6.64
$0.00

Inception Date 12/31/1984

Mark J. Vaselkiv
Mark J. Vaselkiv, Lead Portfolio Manager

Mark Vaselkiv is chief investment officer of Fixed Income at T. Rowe Price. He is lead portfolio manager of the firm's Global High Yield and Global High Income Strategies as well as head of the Global High Yield team in the Fixed Income Division. He is additionally a member of both the Fixed Income Steering Committee and the firm's Asset Allocation Committee. Mr. Vaselkiv is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T. Rowe Price Trust Company.

 

Mutual Fund

Inflation Protected Bond Fund

Invests at least 80% in inflation-protected bonds, with emphasis on bonds issued by the U.S. Treasury but similar bonds issued by U.S. government agencies and corporations may also be purchased.

Deflationary conditions could cause the fund’s principal and income to decrease in value. Yield and share price will vary with interest rate changes. If interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term. An investment in the fund is not insured or guaranteed by the U.S. government.

 PRIPX CUSIP 77958D101

Fund Manager Tenure

Net Assets
(USD)

3yrs
$382.5m

Price
(USD)

Daily Price Change

$12.18
$+0.06

Inception Date 10/31/2002

Stephen L. Bartolini, CFA
Stephen L. Bartolini, CFA, Portfolio Manager

Steve Bartolini is a portfolio manager in the Fixed Income Division at T. Rowe Price. Mr. Bartolini is the lead portfolio manager of the U.S. Core Bond Strategy, the U.S. Inflation Protected Strategy, and the U.S. Short-Term Inflation Focused Bond Strategy. He also co-heads the firm's global interest rate and currency strategy team and is a member of the portfolio strategy team for U.S. taxable bond strategies. Mr. Bartolini is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Institutional Mutual Fund

Institutional Core Plus Fund

Invests at least 65% of its total assets in a ‘core’ portfolio of investment-grade, U.S. fixed-income securities, which may include, but are not limited to, debt securities of the U.S. government and its agencies, corporate bonds, mortgages, and asset-backed securities. Yield and share price will vary with interest rate changes.

If interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term. There is also a chance that some of the fund’s holdings will have their credit ratings downgraded or will default.

Institutional  TICPX CUSIP 77958B303

Fund Manager Tenure

Net Assets
(USD)

14yrs
$448.6m

Price
(USD)

Daily Price Change

$10.66
$+0.04

Inception Date 11/30/2004

Brian Brennan
Brian Brennan, Portfolio Manager

Brian Brennan is a portfolio manager in the Fixed Income Division at T. Rowe Price. Mr. Brennan has lead portfolio management responsibilities for the US Treasury, US Core Plus Bond, and Stable Value Strategies. He also is a member of the portfolio strategy team for T. Rowe Price's core and core plus mandates. Mr. Brennan is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., T. Rowe Price International Ltd, and T. Rowe Price Trust Company.

 

Institutional Mutual Fund

Institutional Emerging Markets Bond Fund

Invests at least 80% in the government or corporate debt securities of emerging nations. Fund holdings may include the lowest-rated bonds, including those in default.

Possible higher short-term volatility than U.S. investments as political instability may impact emerging economies. Investing internationally involves special risks, including economic and political uncertainty and currency fluctuation. To the extent the funds use futures, swaps, and other derivatives, they are exposed to additional volatility and potential losses.

Institutional  TREBX CUSIP 74144Q401

Fund Manager Tenure

Net Assets
(USD)

12yrs
$458.2m

Price
(USD)

Daily Price Change

$8.54
$+0.02

Inception Date 11/30/2006

Michael J.  Conelius
Michael J. Conelius, Portfolio Manager

Michael Conelius is a portfolio manager in the Fixed Income Division at T. Rowe Price. Mr. Conelius is lead manager of T. Rowe Price's Emerging Markets Bond Strategy. He is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T. Rowe Price International Ltd.

 

Institutional Mutual Fund

Institutional Floating Rate Fund

Invests primarily in institutional floating-rate bank loans and other floating-rate debt securities with below investment-grade credit ratings. Broadly diversified across 125–150 credit facilities, with strict exposure limits to manage risk.

The loans and debt securities held by the fund are usually considered speculative and involve a greater risk of default and price decline than higher-rated bonds.

Institutional  RPIFX CUSIP 77958B402

Fund Manager Tenure

Net Assets
(USD)

10yrs
$3.6b

Price
(USD)

Daily Price Change

$9.84
$-0.01

Inception Date 01/31/2008

Paul Massaro
Paul Massaro, Portfolio Manager

Paul Massaro is a portfolio manager for high yield strategies in the Fixed Income Division at T. Rowe Price. He is chairman of the Investment Advisory Committee and portfolio manager of the Floating Rate Bank Loan Strategy. Mr. Massaro also is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T. Rowe Price Trust Company.

 

Institutional Mutual Fund

Institutional High Yield Fund

Invests in issues with above-average yields and the potential for capital appreciation. Conduct rigorous credit analysis to determine ability for issuer to pay debt on a timely basis and likelihood an issue will be upgraded to investment grade.

Three forms of risk may impact high-yield bonds: Credit risk (high-yield bonds carry a greater default risk than higher-rated bonds), Interest rate risk, Liquidity risk.

Institutional  TRHYX CUSIP 77958B204

Fund Manager Tenure

Net Assets
(USD)

4yrs
$1.6b

Price
(USD)

Daily Price Change

$8.83
$0.00

Inception Date 05/31/2002

Mark J. Vaselkiv
Mark J. Vaselkiv, Lead Portfolio Manager

Mark Vaselkiv is chief investment officer of Fixed Income at T. Rowe Price. He is lead portfolio manager of the firm's Global High Yield and Global High Income Strategies as well as head of the Global High Yield team in the Fixed Income Division. He is additionally a member of both the Fixed Income Steering Committee and the firm's Asset Allocation Committee. Mr. Vaselkiv is a vice president of T. Rowe Price Group, Inc., T. Rowe Price Associates, Inc., and T. Rowe Price Trust Company.

 

Institutional Mutual Fund

Institutional Long Duration Credit Fund

Invests primarily in corporate debt securities issued by U.S. and foreign companies. Holdings will be a mix of long-term investment-grade and non-investment-grade bonds. High-yield bonds, convertibles, and foreign securities provide the opportunity for capital growth and higher income potential but with greater risk.

Yield and share price will vary with interest rate changes. If interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term.

Institutional  RPLCX CUSIP 77958B600

Fund Manager Tenure

Net Assets
(USD)

1yr
$37.1m

Price
(USD)

Daily Price Change

$11.54
$+0.10

Inception Date 06/03/2013

Robert M.  Larkins, CFA
Robert M. Larkins, CFA, Portfolio Manager

Robert Larkins is a portfolio manager in the Fixed Income Division at T. Rowe Price. Mr. Larkins is lead portfolio manager of the firm's suite of bond index strategies, overseeing the U.S. Aggregate Bond Index Strategy, the U.S. Enhanced Aggregate Bond Strategy, and numerous custom bond index mandates, including liability-driven investment portfolios tailored to meet specific client needs. He is also co-portfolio manager of the Long Duration Credit Strategy and is a member of the firm's Investments Derivatives Committee. Mr. Larkins is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Mutual Fund

International Bond Fund

Invests at least 80% of its assets in bonds, with 65% in investment-grade foreign bonds. It may also invest up to 20% in below investment-grade bonds and up to 20% in dollar-denominated emerging market bonds.

International investments are generally more volatile than domestic investments. Because the fund is normally heavily exposed to foreign currencies and does not attempt to hedge the impact of these currencies on the dollar, changes in currency exchange rates are likely to have a significant effect on the fund’s performance.

 RPIBX CUSIP 77956H104

Fund Manager Tenure

Net Assets
(USD)

5yrs
$1.2b

Price
(USD)

Daily Price Change

$8.98
$0.00

Inception Date 09/10/1986

Arif Husain
Arif Husain, Portfolio Manager

Arif Husain is head of International Fixed Income at T. Rowe Price. He is lead portfolio manager for the Dynamic Global Bond Strategies. Mr. Husain is also co-portfolio manager for the firm's International Bond, Global Aggregate Bond and Institutional International Bond Strategies. He is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price International Ltd.

 

Mutual Fund

Limited Duration Inflation Focused Bond Fund

Invests in a diversified portfolio of short- and intermediate-term investment-grade inflation-linked securities, including Treasury Inflation Protected Securities, as well as corporate, government, mortgage-backed and asset-backed securities.

Yield and share price will vary with interest rate changes and the level of real yields may be negative. Deflationary conditions could cause the fund's principal and income to decline in value. The fund's use of derivatives may expose it to additional volatility in comparison to investing directly in bonds and other debt securities.

 TRBFX CUSIP 872798103

Fund Manager Tenure

Net Assets
(USD)

3yrs
$8.7b

Price
(USD)

Daily Price Change

$5.02
$0.00

Inception Date 09/29/2006

Stephen L. Bartolini, CFA
Stephen L. Bartolini, CFA, Portfolio Manager

Steve Bartolini is a portfolio manager in the Fixed Income Division at T. Rowe Price. Mr. Bartolini is the lead portfolio manager of the U.S. Core Bond Strategy, the U.S. Inflation Protected Strategy, and the U.S. Short-Term Inflation Focused Bond Strategy. He also co-heads the firm's global interest rate and currency strategy team and is a member of the portfolio strategy team for U.S. taxable bond strategies. Mr. Bartolini is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Mutual Fund

New Income Fund

Invests at least 80% of assets in income producing investment-grade debt securities. Flexibility in purchasing investment grade debt securities at various credit quality levels to achieve a higher yield.

The fund is subject to interest rate risk. The fund is not a money market fund and its price and yield will fluctuate.

 PRCIX CUSIP 779570100

Fund Manager Tenure

Net Assets
(USD)

1yr
$25.8b

Price
(USD)

Daily Price Change

$9.72
$+0.03

Inception Date 08/31/1973

Stephen L. Bartolini, CFA
Stephen L. Bartolini, CFA, Portfolio Manager

Steve Bartolini is a portfolio manager in the Fixed Income Division at T. Rowe Price. Mr. Bartolini is the lead portfolio manager of the U.S. Core Bond Strategy, the U.S. Inflation Protected Strategy, and the U.S. Short-Term Inflation Focused Bond Strategy. He also co-heads the firm's global interest rate and currency strategy team and is a member of the portfolio strategy team for U.S. taxable bond strategies. Mr. Bartolini is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Mutual Fund

Short-Term Bond Fund

Invests in a diversified portfolio of short- and intermediate-term investment-grade corporate, government, and mortgage-backed securities. May also invest in bank obligations, collateralized mortgage obligations, foreign securities, and hybrids. The fund’s income level should generally be above that of a money market fund but less than that of a long-term bond fund.

Unlike money market funds, which are managed to maintain a stable share price, the fund’s price can decline. Yield and share prices will vary with interest rate changes.

 PRWBX CUSIP 77957P105

Fund Manager Tenure

Net Assets
(USD)

4yrs
$5.5b

Price
(USD)

Daily Price Change

$4.73
$+0.01

Inception Date 03/02/1984

Michael  F.  Reinartz
Michael F. Reinartz, Portfolio Manager

Michael Reinartz is a portfolio manager in the Fixed Income Division at T. Rowe Price. He is a member of the U.S. Taxable Low Duration team, portfolio manager of the U.S. Short-Term Bond Strategy, and co-portfolio manager of the Limited-Term Bond Portfolio. Mr. Reinartz is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Mutual Fund

Total Return Fund

Invests in a diversified portfolio of bonds and other debt instruments. The fund has considerable flexibility in seeking strong returns and its portfolio is constructed with a goal of being able to respond to a wide variety of market conditions.

Yield and share price will vary with interest rate changes. Investors should note that if interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term.

 PTTFX CUSIP 872803101

Fund Manager Tenure

Net Assets
(USD)

<1yr
$54.8m

Price
(USD)

Daily Price Change

$10.35
$+0.03

Inception Date 11/15/2016

Christopher Brown, Jr., CFA
Christopher Brown, Jr., CFA, Portfolio Manager

Chris Brown is a portfolio manager in the Fixed Income Division at T. Rowe Price. Mr. Brown is the head of the Securitized Products team, portfolio manager of the Total Return Strategy, and a member of the portfolio strategy team for U.S. taxable bond strategies. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Mutual Fund

U.S. Bond Enhanced Index Fund

Seeks to match the performance of the overall U.S. investment-grade bond market, as represented by the Barclays Capital U.S. Aggregate Index. Typically includes more than 6,000 fixed-income securities with an overall intermediate to long average maturity.

Yield and share price will vary with interest rate changes. If interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term. There is also a chance that one of the fund’s holdings will have its credit rating downgraded or will default.

Investor Class  PBDIX CUSIP 741495105

Fund Manager Tenure

Net Assets
(USD)

12yrs
$1.2b

Price
(USD)

Daily Price Change

$11.31
$+0.04

Inception Date 11/30/2000

Robert M.  Larkins, CFA
Robert M. Larkins, CFA, Portfolio Manager

Robert Larkins is a portfolio manager in the Fixed Income Division at T. Rowe Price. Mr. Larkins is lead portfolio manager of the firm's suite of bond index strategies, overseeing the U.S. Aggregate Bond Index Strategy, the U.S. Enhanced Aggregate Bond Strategy, and numerous custom bond index mandates, including liability-driven investment portfolios tailored to meet specific client needs. He is also co-portfolio manager of the Long Duration Credit Strategy and is a member of the firm's Investments Derivatives Committee. Mr. Larkins is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 

Mutual Fund

Ultra Short-Term Bond Fund

Invests in a diversified portfolio of shorter-term investment-grade corporate and government securities, asset-backed securities, and bank obligations. Invests at least 80% in bonds and all of the securities purchased by the fund will be rated investment-grade at the time of purchase.

Due to the nature of the fund’s investment universe, the fund will take on incrementally more credit risk than a money market fund. Additionally, this fund is subject to interest rate risk, as a rise in interest rates may cause the price of its securities to fall.

 TRBUX CUSIP 77957P303

Fund Manager Tenure

Net Assets
(USD)

6yrs
$1.4b

Price
(USD)

Daily Price Change

$5.03
$0.00

Inception Date 12/03/2012

Joseph K.  Lynagh
Joseph K. Lynagh, Portfolio Manager

Joseph Lynagh is a portfolio manager in the Fixed Income Division at T. Rowe Price and head of the Cash Management team. Mr. Lynagh manages the firm's taxable and municipal money market portfolios, the ultra short bond portfolio, and other cash investments. He is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc.

 
 

Mutual Fund

Balanced Fund

Invests approximately 65% of total assets in U.S. and foreign common stocks and 35% in fixed-income securities. At least 25% of total assets will be invested in fixed-income senior securities.

Stock prices can fall because of weakness in the broad market, a particular industry, or specific holdings. Bonds may decline due to rising interest rates, a credit rating downgrade, or failure of the issuer to make timely payments of interest or principal. Foreign investments are subject to risks, including adverse political and economic developments overseas, greater volatility, less liquidity, and the possibility that foreign currencies will decline against the dollar.

 RPBAX CUSIP 77954G108

Fund Manager Tenure

Net Assets
(USD)

7yrs
$4.4b

Price
(USD)

Daily Price Change

$24.33
$-0.04

Inception Date 12/31/1939

Charles M.  Shriver
Charles M. Shriver, Portfolio Manager

Charles M. Shriver is a portfolio manager for several asset allocation portfolios within the Asset Allocation Group. He is the lead portfolio manager for the Global Allocation, Balanced, Spectrum, and Personal Strategy Funds. Mr. Shriver is a vice president of T. Rowe Price Group, Inc., and he is cochair of the Asset Allocation Committee.

 

Mutual Fund

Global Allocation Fund

Invests in a broadly diversified global portfolio of investments including developed and emerging market equities, a wide range of global developed and emerging market fixed income strategies, plus various diversifying strategies providing exposure to hedge funds, currency hedging, and equity index call writing.

The fund is subject to the unique risks of international investing, including unfavorable currency exchange rates and political or economic uncertainty abroad. To the extent the fund has investments in emerging market countries; it will be subject to abrupt and severe price declines. The portfolio’s investments in alternative investments and hedge funds are difficult to value and monitor when compared with more traditional investments, and may increase the fund’s liquidity risks. Diversification cannot assure a profit or protect against loss in a declining market. Derivatives are used in the fund for selective market exposures.

 RPGAX CUSIP 87281T103

Fund Manager Tenure

Net Assets
(USD)

6yrs
$711.1m

Price
(USD)

Daily Price Change

$13.10
$-0.02

Inception Date 05/28/2013

Charles M.  Shriver
Charles M. Shriver, Lead Portfolio Manager

Charles M. Shriver is a portfolio manager for several asset allocation portfolios within the Asset Allocation Group. He is the lead portfolio manager for the Global Allocation, Balanced, Spectrum, and Personal Strategy Funds. Mr. Shriver is a vice president of T. Rowe Price Group, Inc., and he is cochair of the Asset Allocation Committee.

 

Mutual Fund

Personal Strategy Balanced Fund

Invests in a diversified portfolio typically consisting of approximately 60% stocks, 35% bonds, money market securities, and cash reserves; and 5% alternative investments. The manager can rebalance the investment mix, within defined ranges, based on the economic outlook, interest rates, and financial markets. Effective October 1, 2016, Blackstone Partners Offshore Fund was added as an underlying investment of the T. Rowe Price Personal Strategy Balanced Fund.

Primary risk is declining share prices; the bond portion will be subject to interest rate and credit risk.

 TRPBX CUSIP 77957L104

Fund Manager Tenure

Net Assets
(USD)

7yrs
$2.4b

Price
(USD)

Daily Price Change

$23.97
$-0.05

Inception Date 07/29/1994

Charles M.  Shriver
Charles M. Shriver, Portfolio Manager

Charles M. Shriver is a portfolio manager for several asset allocation portfolios within the Asset Allocation Group. He is the lead portfolio manager for the Global Allocation, Balanced, Spectrum, and Personal Strategy Funds. Mr. Shriver is a vice president of T. Rowe Price Group, Inc., and he is cochair of the Asset Allocation Committee.

 

Mutual Fund

Personal Strategy Growth Fund

Invests in a diversified portfolio typically consisting of approximately 80% stocks, 16% bonds, money market securities, and cash reserves; and 4% alternative investments. The manager can rebalance the investment mix, within defined ranges, based on the economic outlook, interest rates, and financial markets. Effective October 1, 2016, Blackstone Partners Offshore Fund was added as an underlying investment of the T. Rowe Price Personal Strategy Growth Fund.

Stock prices can fall because of weakness in the broad market, a particular industry, or specific holdings. The bonds in the fund are subject to interest rate, credit and liquidity risks.

 TRSGX CUSIP 77957L203

Fund Manager Tenure

Net Assets
(USD)

7yrs
$2.9b

Price
(USD)

Daily Price Change

$34.86
$-0.10

Inception Date 07/29/1994

Charles M.  Shriver
Charles M. Shriver, Portfolio Manager

Charles M. Shriver is a portfolio manager for several asset allocation portfolios within the Asset Allocation Group. He is the lead portfolio manager for the Global Allocation, Balanced, Spectrum, and Personal Strategy Funds. Mr. Shriver is a vice president of T. Rowe Price Group, Inc., and he is cochair of the Asset Allocation Committee.

 

Mutual Fund

Personal Strategy Income Fund

Invests in a diversified portfolio typically consisting of approximately 40% stocks, 55% bonds, money market securities, and cash reserves; and 5% alternative investments. The manager can rebalance the investment mix, within defined ranges, based on the economic outlook, interest rates, and financial markets. Effective October 1, 2016, Blackstone Partners Offshore Fund was added as an underlying investment of the T. Rowe Price Personal Strategy Income Fund.

Stock prices can fall because of weakness in the broad market, a particular industry, or specific holdings. The bonds in the fund are subject to interest rate, credit and liquidity risks.

 PRSIX CUSIP 77957L302

Fund Manager Tenure

Net Assets
(USD)

7yrs
$2.3b

Price
(USD)

Daily Price Change

$19.84
$-0.02

Inception Date 07/29/1994

Charles M.  Shriver
Charles M. Shriver, Portfolio Manager

Charles M. Shriver is a portfolio manager for several asset allocation portfolios within the Asset Allocation Group. He is the lead portfolio manager for the Global Allocation, Balanced, Spectrum, and Personal Strategy Funds. Mr. Shriver is a vice president of T. Rowe Price Group, Inc., and he is cochair of the Asset Allocation Committee.

 

Mutual Fund

Retirement 2005 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk 
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

Investor Class  TRRFX CUSIP 74149P812

Fund Manager Tenure

Net Assets
(USD)

15yrs
$1.3b

Price
(USD)

Daily Price Change

$13.72
$0.00

Inception Date 02/27/2004

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement 2010 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk 
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

Investor Class  TRRAX CUSIP 74149P101

Fund Manager Tenure

Net Assets
(USD)

16yrs
$4.0b

Price
(USD)

Daily Price Change

$18.15
$-0.01

Inception Date 09/30/2002

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement 2015 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk 
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

Investor Class  TRRGX CUSIP 74149P796

Fund Manager Tenure

Net Assets
(USD)

15yrs
$6.2b

Price
(USD)

Daily Price Change

$14.65
$-0.01

Inception Date 02/27/2004

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement 2020 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk 
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

Investor Class  TRRBX CUSIP 74149P200

Fund Manager Tenure

Net Assets
(USD)

16yrs
$17.7b

Price
(USD)

Daily Price Change

$22.26
$-0.02

Inception Date 09/30/2002

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement 2025 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk 
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

Investor Class  TRRHX CUSIP 74149P788

Fund Manager Tenure

Net Assets
(USD)

15yrs
$16.6b

Price
(USD)

Daily Price Change

$17.75
$-0.02

Inception Date 02/27/2004

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement 2030 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk 
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

Investor Class  TRRCX CUSIP 74149P309

Fund Manager Tenure

Net Assets
(USD)

16yrs
$21.1b

Price
(USD)

Daily Price Change

$25.87
$-0.05

Inception Date 09/30/2002

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement 2035 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk 
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

Investor Class  TRRJX CUSIP 74149P770

Fund Manager Tenure

Net Assets
(USD)

15yrs
$13.0b

Price
(USD)

Daily Price Change

$18.98
$-0.05

Inception Date 02/27/2004

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement 2040 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk 
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

Investor Class  TRRDX CUSIP 74149P408

Fund Manager Tenure

Net Assets
(USD)

16yrs
$14.8b

Price
(USD)

Daily Price Change

$27.03
$-0.07

Inception Date 09/30/2002

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement 2045 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk 
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

Investor Class  TRRKX CUSIP 74149P762

Fund Manager Tenure

Net Assets
(USD)

14yrs
$8.5b

Price
(USD)

Daily Price Change

$18.42
$-0.06

Inception Date 05/31/2005

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement 2050 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk 
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

Investor Class  TRRMX CUSIP 74149P754

Fund Manager Tenure

Net Assets
(USD)

12yrs
$7.2b

Price
(USD)

Daily Price Change

$15.53
$-0.05

Inception Date 12/29/2006

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement 2055 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk 
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

Investor Class  TRRNX CUSIP 74149P747

Fund Manager Tenure

Net Assets
(USD)

12yrs
$3.8b

Price
(USD)

Daily Price Change

$15.74
$-0.04

Inception Date 12/29/2006

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement 2060 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors.The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk 
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

Investor Class  TRRLX CUSIP 74149P325

Fund Manager Tenure

Net Assets
(USD)

5yrs
$787.0m

Price
(USD)

Daily Price Change

$12.44
$-0.04

Inception Date 06/23/2014

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement Balanced Fund

Invests in a diversified portfolio consisting of about 40% stocks and 60% bonds. The fund will implement its strategy by investing in a set of underlying T. Rowe Price mutual funds.

In general, the stock portion of the portfolio is subject to market risk, or falling share prices. The bond portion is affected by interest rate and credit risk.

Investor Class  TRRIX CUSIP 74149P507

Fund Manager Tenure

Net Assets
(USD)

16yrs
$2.1b

Price
(USD)

Daily Price Change

$15.28
$-0.01

Inception Date 09/30/2002

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement Balanced I Fund - I Class

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

In general, the stock portion of the portfolio is subject to market risk, or falling share prices. The bond portion is affected by interest rate and credit risk.

I Class  TRPTX CUSIP 872797840

Fund Manager Tenure

Net Assets
(USD)

3yrs
$329.0m

Price
(USD)

Daily Price Change

$11.57
$0.00

Inception Date 09/29/2015

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement I 2005 - I Class

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

I Class  TRPFX CUSIP 872797105

Fund Manager Tenure

Net Assets
(USD)

3yrs
$271.8m

Price
(USD)

Daily Price Change

$11.90
$+0.01

Inception Date 09/29/2015

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement I 2010 - I Class

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

I Class  TRPAX CUSIP 872797204

Fund Manager Tenure

Net Assets
(USD)

3yrs
$717.5m

Price
(USD)

Daily Price Change

$12.16
$0.00

Inception Date 09/29/2015

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement I 2015 - I Class

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

I Class  TRFGX CUSIP 872797303

Fund Manager Tenure

Net Assets
(USD)

3yrs
$1.4b

Price
(USD)

Daily Price Change

$12.36
$0.00

Inception Date 09/29/2015

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement I 2020 - I Class

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

I Class  TRBRX CUSIP 872797402

Fund Manager Tenure

Net Assets
(USD)

3yrs
$4.8b

Price
(USD)

Daily Price Change

$12.85
$-0.01

Inception Date 09/29/2015

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement I 2025 - I Class

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

I Class  TRPHX CUSIP 872797501

Fund Manager Tenure

Net Assets
(USD)

3yrs
$5.2b

Price
(USD)

Daily Price Change

$13.18
$-0.02

Inception Date 09/29/2015

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement I 2030 - I Class

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

I Class  TRPCX CUSIP 872797600

Fund Manager Tenure

Net Assets
(USD)

3yrs
$6.6b

Price
(USD)

Daily Price Change

$13.42
$-0.03

Inception Date 09/29/2015

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement I 2035 - I Class

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

I Class  TRPJX CUSIP 872797709

Fund Manager Tenure

Net Assets
(USD)

3yrs
$4.4b

Price
(USD)

Daily Price Change

$13.65
$-0.03

Inception Date 09/29/2015

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement I 2040 - I Class

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

I Class  TRPDX CUSIP 872797808

Fund Manager Tenure

Net Assets
(USD)

3yrs
$5.1b

Price
(USD)

Daily Price Change

$13.79
$-0.04

Inception Date 09/29/2015

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement I 2045 - I Class

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

I Class  TRPKX CUSIP 872797881

Fund Manager Tenure

Net Assets
(USD)

3yrs
$3.2b

Price
(USD)

Daily Price Change

$13.91
$-0.03

Inception Date 09/29/2015

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement I 2050 - I Class

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

I Class  TRPMX CUSIP 872797873

Fund Manager Tenure

Net Assets
(USD)

3yrs
$3.0b

Price
(USD)

Daily Price Change

$13.88
$-0.04

Inception Date 09/29/2015

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement I 2055 - I Class

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

I Class  TRPNX CUSIP 872797865

Fund Manager Tenure

Net Assets
(USD)

3yrs
$1.5b

Price
(USD)

Daily Price Change

$13.95
$-0.04

Inception Date 09/29/2015

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Retirement I 2060 - I Class

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

I Class  TRPLX CUSIP 872797857

Fund Manager Tenure

Net Assets
(USD)

3yrs
$375.9m

Price
(USD)

Daily Price Change

$13.88
$-0.04

Inception Date 09/29/2015

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Spectrum Growth Fund

Invests in T. Rowe Price domestic and international equity mutual funds representing specific market segments and a money market fund. By maintaining broad exposure, the fund attempts to reduce the impact of markets that are declining and benefit from good performance in particular market segments over time.

Share price can fall because of weakness in the broad market, a particular industry, or specific holdings. Underlying funds that invest in smaller or foreign companies may experience greater price swings than those holding stocks of larger or U.S. companies.

Investor Class  PRSGX CUSIP 779906205

Fund Manager Tenure

Net Assets
(USD)

7yrs
$3.6b

Price
(USD)

Daily Price Change

$23.71
$-0.09

Inception Date 06/29/1990

Charles M.  Shriver
Charles M. Shriver, Portfolio Manager

Charles M. Shriver is a portfolio manager for several asset allocation portfolios within the Asset Allocation Group. He is the lead portfolio manager for the Global Allocation, Balanced, Spectrum, and Personal Strategy Funds. Mr. Shriver is a vice president of T. Rowe Price Group, Inc., and he is cochair of the Asset Allocation Committee.

 

Mutual Fund

Spectrum Income Fund

Invests in a diversified group of underlying T. Rowe Price domestic bond funds, foreign bond funds, a money market fund, and an income-oriented stock fund. Yield and share price will vary with interest rate changes.

If interest rates rise significantly from current levels, bond fund total returns will decline and may even turn negative in the short term.

Investor Class  RPSIX CUSIP 779906106

Fund Manager Tenure

Net Assets
(USD)

7yrs
$6.8b

Price
(USD)

Daily Price Change

$12.66
$+0.01

Inception Date 06/29/1990

Charles M.  Shriver
Charles M. Shriver, Portfolio Manager

Charles M. Shriver is a portfolio manager for several asset allocation portfolios within the Asset Allocation Group. He is the lead portfolio manager for the Global Allocation, Balanced, Spectrum, and Personal Strategy Funds. Mr. Shriver is a vice president of T. Rowe Price Group, Inc., and he is cochair of the Asset Allocation Committee.

 

Mutual Fund

Spectrum International Fund

Invests in developed and emerging market equity funds, a money market fund, and from time to time, international bond funds. Subject to general stock and bond market risks. Funds that invest overseas generally carry more risk than funds that invest strictly in U.S. assets.

Risks include currency risk, the effects of negative currency exchange rates. To the extent the fund has investments in emerging market countries, it will be more subject to abrupt and severe price declines.

Investor Class  PSILX CUSIP 779906304

Fund Manager Tenure

Net Assets
(USD)

7yrs
$1.5b

Price
(USD)

Daily Price Change

$13.34
$0.00

Inception Date 12/31/1996

Charles M.  Shriver
Charles M. Shriver, Portfolio Manager

Charles M. Shriver is a portfolio manager for several asset allocation portfolios within the Asset Allocation Group. He is the lead portfolio manager for the Global Allocation, Balanced, Spectrum, and Personal Strategy Funds. Mr. Shriver is a vice president of T. Rowe Price Group, Inc., and he is cochair of the Asset Allocation Committee.

 

Mutual Fund

Target 2005 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

 TRARX CUSIP 74149P572

Fund Manager Tenure

Net Assets
(USD)

6yrs
$37.8m

Price
(USD)

Daily Price Change

$11.78
$+0.01

Inception Date 08/20/2013

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Target 2010 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

 TRROX CUSIP 74149P564

Fund Manager Tenure

Net Assets
(USD)

6yrs
$67.4m

Price
(USD)

Daily Price Change

$11.78
$+0.01

Inception Date 08/20/2013

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Target 2015 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

 TRRTX CUSIP 74149P556

Fund Manager Tenure

Net Assets
(USD)

6yrs
$198.8m

Price
(USD)

Daily Price Change

$12.02
$0.00

Inception Date 08/20/2013

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Target 2020 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

 TRRUX CUSIP 74149P549

Fund Manager Tenure

Net Assets
(USD)

6yrs
$321.3m

Price
(USD)

Daily Price Change

$12.33
$0.00

Inception Date 08/20/2013

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Target 2025 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

 TRRVX CUSIP 74149P531

Fund Manager Tenure

Net Assets
(USD)

6yrs
$353.8m

Price
(USD)

Daily Price Change

$12.63
$-0.01

Inception Date 08/20/2013

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Target 2030 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

 TRRWX CUSIP 74149P523

Fund Manager Tenure

Net Assets
(USD)

6yrs
$347.1m

Price
(USD)

Daily Price Change

$12.92
$-0.02

Inception Date 08/20/2013

Jerome Clark
Jerome Clark, Co-Portfolio Manager

Jerome Clark is a portfolio manager in the T. Rowe Price Multi-Asset Division and co-manages the firm's Asset Allocation Target Date Strategies and oversees the College Savings Plan portfolios. He is a member of the firm's Asset Allocation Committee and also serves on the Multi-Asset Steering Committee. He is a vice president of T. Rowe Price Group, Inc.

 

Mutual Fund

Target 2035 Fund

Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date.

The principal risks of investing in this fund are summarized as follows:

  • Asset allocation risk
  • Risks of stock investing
  • Small- and mid-cap stock risk
  • Investment style risk
  • Interest rate risk
  • Credit risk
  • Liquidity risk
  • International investing risk

 RPGRX CUSIP 74149P515

Fund Manager Tenure

Net Assets
(USD)

6yrs
$235.8m

Price
(USD)

Daily Price Change

$13.14
$-0.02

Inception Date 08/20/2013