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Domestic Stock Funds
   
36# All-Cap Opportunitiesa
435# All-Cap Opportunities - I Classa
55# Balanced
424# Balanced - I Class
50# Blue Chip Growth
429# Blue Chip Growth - I Class
38# Capital Appreciation
434# Capital Appreciation - I Class
89# Communications & Technology
214# Communications & Technology - I Class
116# Diversified Mid-Cap Growth
584# Diversified Mid-Cap Growth - I Class
49# Dividend Growth
433# Dividend Growth - I Class
37# Equity Income
426# Equity Income - I Class
44# Equity Index 500
528# Equity Index 500 - I Class
99# Extended Equity Market Index
78# Financial Services
247# Financial Services - I Class
31# Growth Stock
540# Growth Stock - I Class
76# Health Sciences
216# Health Sciences - I Class
732# Large-Cap Growth
339# Large-Cap Growth - I Classb
733# Large-Cap Value
330# Large-Cap Value - I Classc
47# Mid-Cap Growth
524# Mid-Cap Growth - I Class
77# Mid-Cap Value
526# Mid-Cap Value - I Class
612# Multi-Strategy Total Return Fund
613# Multi-Strategy Total Return Fund - I Class
33# New Era
428# New Era - I Class
32# New Horizons
532# New Horizons - I Class
87# QM U.S. Small-Cap Growth Equity
224# QM U.S. Small-Cap Growth Equity - I Class
202# QM U.S. Small & Mid-Cap Core Equity
571# QM U.S. Small & Mid-Cap Core Equity - I Cl
201# QM U.S. Value Equity
570# QM U.S. Value Equity - I Cl
133# Real Assets
522# Real Assets - I Class
98# Real Estate
432# Real Estate - I Class
117# Retirement 2005
110# Retirement 2010
118# Retirement 2015
111# Retirement 2020
119# Retirement 2025
112# Retirement 2030
120# Retirement 2035
113# Retirement 2040
121# Retirement 2045
123# Retirement 2050
124# Retirement 2055
152# Retirement 2060
807# Retirement 2065
114# Retirement Balanced
422# Retirement Balanced I - I Class
838# Retirement Blend 2005
839# Retirement Blend 2005 - I Class
840# Retirement Blend 2010
841# Retirement Blend 2010 - I Class
842# Retirement Blend 2015
843# Retirement Blend 2015 - I Class
844# Retirement Blend 2020
845# Retirement Blend 2020 - I Class
846# Retirement Blend 2025
847# Retirement Blend 2025 - I Class
848# Retirement Blend 2030
849# Retirement Blend 2030 - I Class
850# Retirement Blend 2035
851# Retirement Blend 2035 - I Class
   
852# Retirement Blend 2040
853# Retirement Blend 2040 - I Class
854# Retirement Blend 2045
855# Retirement Blend 2045 - I Class
856# Retirement Blend 2050
857# Retirement Blend 2050 - I Class
858# Retirement Blend 2055
859# Retirement Blend 2055 - I Class
860# Retirement Blend 2060
861# Retirement Blend 2060 - I Class
862# Retirement Blend 2065
863# Retirement Blend 2065 - I Class
409# Retirement I 2005 - I Class
410# Retirement I 2010 - I Class
411# Retirement I 2015 - I Class
412# Retirement I 2020 - I Class
413# Retirement I 2025 - I Class
414# Retirement I 2030 - I Class
416# Retirement I 2035 - I Class
417# Retirement I 2040 - I Class
418# Retirement I 2045 - I Class
419# Retirement I 2050 - I Class
420# Retirement I 2055 - I Class
421# Retirement I 2060 - I Class
810# Retirement I 2065 - I Class
583# Retirement Income 2020 Fund
39# Science & Technology
217# Science & Technology - I Class
48# Small-Cap Stock
525# Small-Cap Stock - I Class
40# Small-Cap Value
538# Small-Cap Value - I Class
70# Spectrum Conservative Allocation
211# Spectrum Conservative Allocation - I Class
43# Spectrum Diversified Equityd
557# Spectrum Diversified Equity – I Class
71# Spectrum Moderate Allocation
209# Spectrum Moderate Allocation - I Class
72# Spectrum Moderate Growth Allocation
212# Spectrum Moderate Growth Allocation - I Class
138# Target 2005
446# Target 2005 - I Cl
139# Target 2010
447# Target 2010 - I Cl
140# Target 2015
448# Target 2015 - I Cl
141# Target 2020
449# Target 2020 - I Cl
142# Target 2025
455# Target 2025 - I Cl
143# Target 2030
407# Target 2030 - I Cl
144# Target 2035
463# Target 2035 - I Cl
145# Target 2040
465# Target 2040 - I Cl
146# Target 2045
467# Target 2045 - I Cl
147# Target 2050
468# Target 2050 - I Cl
148# Target 2055
469# Target 2055 - I Cl
153# Target 2060
470# Target 2060 - I Cl
811# Target 2065
813# Target 2065 - I Cl
106# Tax-Efficient Equity
591# Tax-Efficient Equity - I Class
18# Total Equity Market Index
54# U.S. Equity Research
358# U.S. Equity Research - I Class
129# U.S. Large-Cap Core
310# U.S. Large-Cap Core - I Class
53# Value
523# Value - I Class
International Stock Funds
   
125# Africa & Middle East
575# Africa & Middle East - I Class
151# Asia Opportunities
576# Asia Opportunities - I Class
728# China Evolution Equity
729# China Evolution Equity - I Class
100# Emerging Europe
577# Emerging Europe - I Class
  73# Emerging Markets Stock
531# Emerging Markets Stock - I Class
158# Emerging Markets Discovery Stock
578# Emerging Markets Discovery Stock - I Class
  42# European Stock
510# European Stock - I Class
137# Global Allocation
218# Global Allocation - I Class
160# Global Consumer
126# Global Growth Stock
512# Global Growth Stock - I Class
899# Global Impact Equity
900# Global Impact Equity - I Class
149# Global Industrials
590# Global Industrials - I Class
127# Global Real Estate
233# Global Real Estate - I Class
74# Global Stock
511# Global Stock - I Class
   
101# Global Technology
232# Global Technology - I Class
731# Global Value Equity
179# Global Value Equity - I Classe
155# International Disciplined Equity
509# International Disciplined Equity - I Class
41# International Discovery
436# International Discovery - I Class
104# International Equity Index
16# International Value Equity
529# International Value Equity - I Class
34# International Stock
537# International Stock - I Class
46# Japan
573# Japan - I Class
51# Latin America
574# Latin America - I Class
45# New Asia
425# New Asia - I Class
122# Overseas Stock
521# Overseas Stock - I Class
203# QM Global Equity
572# QM Global Equity - I Class
79# Spectrum International Equityf
558# Spectrum International Equity - I Class
Money Market Funds
   
161# Institutional Cash Reserves3
80# Cash Reserves1
11# Government Money2
594# Government Money - I Class
105# Maryland Tax-Free Money1
   
599# Maryland Tax-Free Money Fund - I Class
15# Tax-Exempt Money1
603# Tax-Exempt Money Fund - I Class
12# U.S. Treasury Money2
595# U.S. Treasury Money - I Class
Domestic Bond Funds
   
596# California Tax-Free Bond Fund - I Class
17# Corporate Income
445# Corporate Income - I Class
150# Credit Opportunities
406# Credit Opportunities - I Class
132# Floating Rate
231# Floating Rate - I Class
597# Georgia Tax-Free Bond Fund - I Class
24# GNMA
586# GNMA - I Class
23# High Yield
539# High Yield - I Class
115# Inflation Protected Bond
587# Intermediate Tax-Free High Yield Fund - I Class
439# Inflation Protected Bond - I Class
159# Limited Duration Inflation Focused Bond
423# Limited Duration Inflation Focused Bond - I Class
598# Maryland Short-Term Tax-Free Bond Fund - I Class
592# Maryland Tax-Free Bond Fund - I Class
21# New Income
533# New Income - I Class
   
600# New Jersey Tax-Free Bond Fund - I Class
601# New York Tax-Free Bond Fund - I Class
103# QM U.S. Bond Indexg
864# QM U.S. Bond Index - I Class
22# Short-Term Bond
442# Short-Term Bond - I Class
805# Short Duration Income
806# Short Duration Income - I Class
30# Spectrum Income
556# Spectrum Income - I Class
585# Tax-Free Income Fund - I Class
228# Total Return
230# Total Return - I Class
135# Ultra Short-Term Bond
604# Ultra Short-Term Bond Fund - I Class
103# U.S. Enhanced Bond Index
506# U.S. High Yield Fund
508# U.S. High Yield Fund - I Class
867# U.S. Limited Duration TIPS Index Fund
868# U.S. Limited Duration TIPS Index Fund - I Class
28# U.S. Treasury Intermediate Indexh
588# U.S. Treasury Intermediate Index - I Classh
29# U.S. Treasury Long-Term Indexi
589# U.S. Treasury Long-Term Index - I Classi
593# Virginia Tax-Free Bond Fund - I Class
International Bond Funds
   
675# Dynamic Credit Fund
676# Dynamic Credit Fund - I Class
156# Dynamic Global Bond
535# Dynamic Global Bond - I Class
59# Emerging Markets Bond
530# Emerging Markets Bond - I Class
134# Emerging Markets Corporate Bond
441# Emerging Markets Corporate Bond
- I Class
   
131# Emerging Markets Local Currency Bond
438# Emerging Markets Local Currency Bond - I Class
157# Global High Income Bond
536# Global High Income Bond - I Class
128# Global Multi-Sector Bond
223# Global Multi-Sector Bond - I Class
20# International Bond
527# International Bond - I Class
614# International Bond Fund (USD Hedged)
616# International Bond Fund (USD Hedged) - I Class
Tax-Free Bond Funds
   
61# California Tax-Free Bond
69# Georgia Tax-Free Bond
154# Intermediate Tax-Free High Yield Fund
67# Maryland Short-Term Tax-Free Bond
64# Maryland Tax-Free Bond
66# New Jersey Tax-Free Bond
63# New York Tax-Free Bond
85# Summit Municipal Income
716# Summit Municipal Income - I Class
   
84# Summit Municipal Intermediate
717# Summit Municipal Intermediate - I Class
27# Tax-Free High Yield
239# Tax-Free High Yield - I Class
25# Tax-Free Income
26# Tax-Free Short-Intermediate
356# Tax-Free Short-Intermediate - I Class
65# Virginia Tax-Free Bond

aFormerly New America Growth

bFormerly Institutional Large-Cap Growth

cFormerly Institutional Large-Cap Value

dFormerly Spectrum Growth

eFormerly Institutional Global Value Equity

fFormerly Spectrum International

gFormerly U.S. Bond Enhanced Index

hFormerly U.S. Treasury Intermediate

iFormerly U.S. Treasury Long-Term

Yield and principal value will vary. Total return includes changes in principal value, reinvested dividends, and capital gain distributions.

1Retail Money Market Funds: You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. The Fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the Fund's liquidity falls below required minimums because of market conditions or other factors. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.

2Government Money Market Funds: You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time..

3Institutional Money Market Funds: You could lose money by investing in the Fund. Because the share price of the Fund will fluctuate, when you sell your shares they may be worth more or less than what you originally paid for them. The Fund may impose a fee upon the sale of your shares or may temporarily suspend your ability to sell shares if the Fund’s liquidity falls below required minimums because of market conditions or other factors. An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund’s sponsor has no legal obligation to provide financial support to the Fund, and you should not expect that the sponsor will provide financial support to the Fund at any time.

Each of the investment products (including the T. Rowe Price mutual funds) or services referred to in the T. Rowe Price website may be offered only to persons in the United States. This website should not be considered a solicitation or offering of any investment products or services to investors residing outside the United States.