Whether you’re choosing to invest in our low-cost mutual funds, exchange-traded funds (ETFs) or using a brokerage account to invest in non-T. Rowe Price funds, manage all your investments at one trusted provider.
Unlike bank products, investment products are not FDIC-insured, not bank guaranteed, and may lose value.
Receive monthly retirement guidance, financial planning tips, and market updates straight to your inbox.
Past performance is no guarantee of future results.
*Source: Lipper Inc. 136 of 152 funds (Investor Class only) more than 6 months old had expense ratios below their Lipper averages based on fiscal year-end data available as of 6/30/2023.
1101 of our 293 mutual funds had a 10-year track record as of 6/30/2023 (includes Investor Class and I Class Shares). 74 of these 101 funds (73%) beat their Lipper average for the 10-year period. 184 of 293 (63%), 165 of 253 (65%), and 186 of 244 (76%) of T. Rowe Price funds outperformed their Lipper average for the 1-, 3-, and 5-year periods ended 6/30/2023, respectively. Calculations based on cumulative total return. Not all funds outperformed for all periods. (Source for data: Lipper Inc.)
2Morningstar gives its best ratings of 5 or 4 stars to the top 32.5% of all funds (of the 32.5%, 10% get 5 stars and 22.5% get 4 stars) based on their risk-adjusted returns. The Overall Morningstar Rating™ is derived from a weighted average of the performance figures associated with a fund’s 3-, 5-, and 10-year (if applicable) Morningstar Rating™ metrics. As of 8/31/2023, 65 of 150 of our Investor Class funds (excludes funds not available for direct purchase) received an overall rating of 5 or 4 stars.
The Morningstar Rating™ for funds, or “star rating,” is calculated for funds with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar risk-adjusted return measure that accounts for variation in a managed product’s monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star.
Source for Morningstar data: ©2023 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
3Figures shown are as of 6/30/2023 and are subject to change. Assets Under Management (AUM) includes assets managed by T. Rowe Price Associates, Inc. and its investment advisory affiliates.
202306-2935698