Henry Ellenbogen is a vice president of T. Rowe Price Group, Inc., and T. Rowe Price Associates, Inc., and is the T. Rowe Price group chief investment officer for U.S. Equity Growth. He is the lead portfolio manager for the US Small-Cap Growth Equity Strategy and is the portfolio manager for the New Horizons Fund. In addition, Henry is a member of the U.S. Equity Steering Committee. 

Henry has managed the New Horizons Fund since March 1, 2010. During his tenure as portfolio manager, the New Horizons Fund won Investor's Business Daily's Best Mutual Funds 2018 Awards for the U.S. diversified equity funds, growth funds, and small-cap funds categories and the Thomson Reuters Lipper Fund Award, United States, in 2017 for best small-cap growth fund over the 10-year period, in 2016 for best small-cap growth fund over the five-year period, and in 2013 for best small-cap growth fund over both the 5- and 10-year periods. In addition, Henry was awarded the Institutional Investor Small-Cap Growth Equity Manager of the Year in 2012. 

Henry joined T. Rowe Price in 2001, and from 2001 to 2009 he was an equity investment analyst covering Internet, media, and telecommunication companies. He was selected as a "Best of the Buy Side" award winner for 2003, 2005, and 2009 by Institutional Investor magazine. From 2005 to 2009, he was a portfolio manager of the Media & Telecommunications Fund. During this period, the Media & Telecommunications Fund was awarded five Lipper Performance Achievement Certificates for ranking number one in the Lipper telecommunications funds category over 1-, 5-, or 10-year time periods based on cumulative total returns. 

Prior to joining the firm, he served as chief of staff to U.S. Representative Peter Deutsch, a member of the Commerce Committee, which has jurisdiction over media and telecommunications. Henry also worked as a summer associate with Goldman Sachs as a member of the portfolio management team in the Risk Arbitrage Group and Investment Banking Division. He was a general partner of Crimson Investments, L.P. 

Henry earned an A.B., magna cum laude, in history and science from Harvard College. He earned a J.D. from Harvard Law School and an M.B.A. from Harvard Business School, where he was a Baker Scholar, and he was an adjunct professor at New York University Graduate School of Politics.

Henry also serves on the investment committee of the Smithsonian Institution and on the Board of Directors of The Posse Foundation. 

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All investing is subject to risk, including the possible loss of principal. Investing in small companies involves greater risk than is customarily associated with larger companies.

Past performance cannot guarantee future results.

The New Horizons Fund received the 2013 Lipper Fund Classification Award for Best Small-Cap Growth Fund over the 5-year period and 10-year period ended 11/30/12 based on its risk-adjusted returns, adjusted for volatility, relative to peers.  The New Horizons Fund received the 2016 Lipper Fund Classification Award for Best Small-Cap Growth Fund over the 5-year period ended 11/30/15 and  the 2017 Lipper Fund Classification Award for Best Small-Cap Growth Fund over the 10-year period ended 11/30/16. Rankings for other periods differ.

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ABOUT THE IBD BEST MUTUAL FUNDS AWARDS  Funds named to the list are selected because they have beaten the broad market over the past one, three, five and 10 years. Award winners were named across 12 categories: U.S. Diversified Equity Funds, Growth Funds, Blend Funds, Value Funds, Large-cap Funds, Mid-cap Funds, Small-cap Funds, Sector Funds, International Stock Funds, Taxable Bond Funds, Muni Funds, and International Bond Funds. 

The complete list of winners can be found here: http://www.investors.com/mutualfundawards. To find out more about this year's winners, read analysis of the respective categories, and learn about how to invest in mutual funds, please visit http://www.investors.com/mutualfundawards.

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