Mutual Fund Guide

Asset allocation is a key to long-term success. Investing in a diverse mix of investment types according to a purposeful asset allocation plan can help expand opportunities and minimize risks of overexposure to particular asset classes. Keep in mind that diversification cannot assure a profit or protect against loss in a declining market. All investments involve risk, including possible loss of principal.

Explore Your Investment Options

Equity Mutual Funds ▾

Large-Cap

Morningstar Category Fund Name Ticker
Large Growth Blue Chip Growth TRBCX
Growth Stock PRGFX
Large-Cap Growth TRGOX
New America Growth PRWAX
Tax-Efficient Equity PREFX
Large Value QM U.S. Value Equity TQMVX
Value TRVLX
Large-Cap Value TRLUX
Equity Income PRFDX
Large Blend Dividend Growth PRDGX
Growth & Income PRGIX
U.S. Large-Cap Core TRULX
Equity Index 500 PREIX
Total Equity Market Index POMIX
U.S. Equity Researcha PRCOX

Mid-Cap

Morningstar Category Fund Name Ticker
Mid-Cap Growth Diversified Mid-Cap Growth PRDMX
Mid-Cap Growth* RPMGX
New Horizons* PRNHX
Mid-Cap Value Mid-Cap Value* TRMCX
Mid-Cap Blend QM U.S. Small & Mid-Cap Core Equity TQSMX
Extended Equity Market Index PEXMX

Small-Cap

Morningstar Category Fund Name Ticker
Small Growth QM U.S. Small-Cap Growth Equity PRDSX
Small-Cap Stock* OTCFX
Small Blend Small-Cap Value PRSVX

International

Morningstar Category Fund Name Ticker
Foreign Large Growth International Stock PRITX
Foreign Large Value International Value Equity TRIGX
Foreign Large Blend Overseas Stock TROSX
International Disciplined Equity PRCNX
International Equity Index PIEQX
Foreign Small/Mid Growth International Discovery* PRIDX
Diversified Emerging Markets Emerging Markets Stock PRMSX
Emerging Markets Discovery Stock PRIJX
China Region China Evolution Equity TCELX

Global

Morningstar Category Fund Name Ticker

World Large Stock

Global Growth Stock RPGEX
Global Stock PRGSX
Global Value Equity TRGVX
QM Global Equity TQGEX

aFormerly Capital Opportunity

Fixed Income Mutual Funds ▾

Investment Grade

Morningstar Category Fund Name Ticker
Long Government U.S. Treasury Long-Term PRULX
Intermediate Government U.S. Treasury Intermediate PRTIX
GNMA PRGMX
Intermediate Core Bond New Income PRCIX
U.S. Bond Enhanced Index PBDIX
Intermediate Core Plus Bond Total Return PTTFX
Corporate Bond Corporate Income PRPIX
Inflation Protected Bond Inflation Protected Bond PRIPX
Limited Duration Inflation Focused Bond TRBFX

High Yield

Morningstar Category Fund Name Ticker
Bank Loan Floating Rate PRFRX
High Yield Bond U.S. High Yield TUHYX
Credit Opportunities PRCPX
High Yield* PRHYX

Short-Term

Morningstar Category Fund Name Ticker
Short-Term Bond Short-Term Bond PRWBX
Ultra Short-Term Bond Ultra Short-Term Bond TRBUX

International

Morningstar Category Fund Name Ticker
World Bond International Bond RPIBX
International Bond (USD Hedged) TNIBX
Emerging Markets Bond Emerging Markets Bond PREMX
Emerging Markets Corporate Bond TRECX
Emerging-Mkts Local-Currency Emerging Markets Local Currency Bond PRELX

Global

Morningstar Category Fund Name Ticker
Nontraditional Bond Dynamic Credit RPIDX
Dynamic Global Bond RPIEX
High Yield Bond Global High Income Bond RPIHX
World Bond Global Multi-Sector Bond PRSNX

Municipal

Morningstar Category Fund Name Ticker
Muni National Long Summit Municipal Income ($25,000 minimum initial investment) PRINX
Tax-Free Income PRTAX
Muni National Intermediate Summit Municipal Intermediate ($25,000 minimum initial investment) PRSMX
High Yield Muni Intermediate Tax-Free High Yield PRIHX
Tax-Free High Yield PRFHX
Muni National Short Tax-Free Short Intermediate PRFSX
Muni Single State Long VA Tax-Free Bond PRVAX
GA Tax-Free Bond GTFBX
MD Tax-Free Bond MDXBX
Muni California Long CA Tax-Free Bond PRXCX
Muni New Jersey NJ Tax-Free Bond NJTFX
Muni New York Long NY Tax-Free Bond PRNYX
Muni Single State Short MD Short Tax-Free Bond PRMDX
Money Market Mutual Funds ▾
Morningstar Category Fund Name Ticker
Taxable U.S. Treasury Money++ PRTXX
Cash Reserves+ TSCXX
Government Money++ PRRXX
Tax-Free Summit Municipal Money ($25,000 minimum initial investment)+ TRSXX
Tax-Exempt Money+ PTEXX
MD Tax-Free Money+ TMDXX
CA Tax-Free Money+ PCTXX
NY Tax-Free Money+ NYTXX

+ Retail 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.

++ Government 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.

Asset Allocation Mutual Funds ▾
Morningstar Category Fund Name Ticker
Allocation -- 70% to 85% Equity Spectrum Moderate Growth Allocationb TRSGX
Allocation -- 50% to 70% Equity Balanced RPBAX
Spectrum Moderate Allocationc TRPBX
Capital Appreciation* PRWCX
Allocation -- 30% - 50% Equity Spectrum Conservative Allocationd PRSIX
Retirement Balanced TRRIX
World Allocation Global Allocation RPGAX
Large Growth Spectrum Growth PRSGX
Multisector Bond Spectrum Income RPSIX
Foreign Large Blend Spectrum International PSILX

bFormerly Personal Strategy Growth

cFormerly Personal Strategy Balanced

dFormerly Personal Strategy Income

Target Date Mutual Funds ▾
Morningstar Category Fund Name Ticker
Target Date 2000 - 2010 Retirement 2005 TRRFX
Retirement 2010 TRRAX
Target 2005 TRARX
Target 2010 TRROX
Target Date 2015 Retirement 2015 TRRGX
Target 2015 TRRTX
Target Date 2020 Retirement 2020 TRRBX
Target 2020 TRRUX
Retirement Income 2020 ($25,000 minimum initial investment) TRLAX
Target Date 2025 Retirement 2025 TRRHX
Target 2025 TRRVX
Target Date 2030 Retirement 2030 TRRCX
Target 2030 TRRWX
Target Date 2035 Retirement 2035 TRRJX
Target 2035 RPGRX
Target Date 2040 Retirement 2040 TRRDX
Target 2040 TRHRX
Target Date 2045 Retirement 2045 TRRKX
Target 2045 RPTFX
Target Date 2050 Retirement 2050 TRRMX
Target 2050 TRFOX
Target Date 2055 Retirement 2055 TRRNX
Target 2055 TRFFX
Target Date 2060+ Retirement 2060 TRRLX
Target 2060 TRTFX
Alternative Mutual Funds ▾
Morningstar Category Fund Name Ticker
Multialternative Multi-Strategy Total Return TMSRX
Sector Mutual Funds ▾
Morningstar Category Fund Name Ticker
Natural Resources New Era PRNEX
Technology Science & Technology PRSCX
Global Technology* PRGTX
Financial Financial Services PRISX
Communications Communications & Technology PRMTX
Health Health Sciences PRHSX
Consumer Defensive Global Consumer PGLOX
Global Real Estate Global Real Estate TRGRX
Industrials Global Industrials RPGIX
Real Estate Real Estate TRREX
World Allocation Real Assets PRAFX
Regional Mutual Funds ▾
Morningstar Category Fund Name Ticker
Miscellaneous Region Africa & Middle East TRAMX
Emerging Europe TREMX
Europe Stock European Stock PRESX
Japan Stock Japan PRJPX
Latin America Stock Latin America PRLAX
Pacific/Asia ex-Japan Asia Opportunities TRAOX
New Asia PRASX

* Subject to certain exceptions, the fund is currently closed to new investors and new accounts. Investors who currently hold shares of the fund may continue to purchase additional shares. See the prospectus for details.

The exhibit above uses the Investor Class of the T. Rowe Price Funds. The Funds have other share classes available. See the prospectus for details.

The exhibit above uses Morningstar Categories as a way to categorize T. Rowe Price Mutual Funds. To learn more about their methodology, please click here: Morningstar Category Definitions.