2018 Qualified Dividend Income Percentage

All or a portion of your ordinary income dividend from a mutual fund may be taxed at a reduced capital gains rate rather than the higher marginal rates applicable to ordinary income. The amount of your dividend subject to this lower rate is reported in Box 1b of your Form 1099-DIV mailed in January 2019. The tax forms for the T. Rowe Price Real Assets, Real Estate, Global Real Estate, and Small-Cap Value Funds mail in February.

The tables below report the percentage of the ordinary dividend paid by the T. Rowe Price funds that qualify for the lower dividend rate. The data is provided here for informational purposes only and to assist you in your tax planning. In preparing your tax return, please use the amount in Box 1b of your Form 1099-DIV.

To treat a dividend as qualifying for lower rates, you must have held your shares on which you received the dividend for at least 61 days during the 121-day period beginning 60 days before the ex-dividend date of the distribution. You may find your fund's ex-dividend date here.

In addition, the ordinary dividend of a mutual fund (the amount included in Box 1a of Form 1099-DIV) includes net short-term capital gains and foreign taxes paid, which may not qualify for the lower rates. As a result, the percentage of the Box 1a amount that qualifies for the lower tax rate can vary widely from year to year, depending on the amount of short-term gains and foreign taxes reported by the fund.

If you own a fund that has more than one distribution during the year, the amount reported in Box 1b of your Form 1099-DIV will be based on the qualifying percentage for each distribution.

Calculations based on the percentages below may yield amounts that differ from the amounts on your Form 1099-DIV due to rounding.

Qualified Dividend Income Percentage Tables
T. Rowe Price Domestic Stock Funds
  Qualified Dividend Income Percentage1
Balanced (All Quarters) 58.36%
Blue Chip Growth 100.00%
Capital Appreciation 78.99%
Capital Opportunity 89.79%
Communications & Technology2 100.00%
Diversified Mid-Cap Growth 65.49%
Dividend Growth (All Quarters) 100.00%
Equity Income (All Quarters) 100.00%
Equity Index 500 (All Quarters) 93.29%
Extended Equity Market Index 55.66%
Financial Services 57.57%
Growth & Income (All Quarters) 68.08%
Growth Stock 74.32%
Health Sciences 57.22%
Mid-Cap Growth 85.42%
Mid-Cap Value 91.92%
Multi-Strategy Total Return 5.10%
New America Growth 74.54%
New Era 100.00%
New Horizons 26.84%
Personal Strategy Balanced (All Quarters) 43.21%
Personal Strategy Growth 71.53%
Personal Strategy Income (All Quarters) 24.33%
QM U.S. Small & Mid-Cap Core Equity 88.49%
QM U.S. Small-Cap Growth Equity 66.63%
QM U.S. Value Equity 95.32%
Real Assets 76.66%
Real Estate (All Quarters) 2.67%
Science & Technology 11.98%
Small-Cap Stock 42.49%
Small-Cap Value 100.00%
Tax-Efficient Equity 100.00%
Total Equity Market Index 96.92%
U.S. Large-Cap Core 63.31%
Value 79.51%
T. Rowe Price International/Global Stock and Bond Funds
  Qualified Dividend Income Percentage1
International/Global Stock Funds
Africa & Middle East 68.76%
Asia Opportunities 100.00%
Emerging Europe 100.00%
Emerging Markets Stock 100.00%
Emerging Markets Value Stock 100.00%
European Stock 100.00%
Global Allocation 42.29%
Global Consumer 100.00%
Global Growth Stock 38.91%
Global Industrials 61.45%
Global Real Estate (All Quarters) 41.12%
Global Stock 27.12%
Global Technology 10.87%
International Concentrated Equity 58.69%
International Discovery 99.37%
International Equity Index 89.39%
International Stock 71.28%
International Value Equity 100.00%
Japan 89.06%
Latin America 60.26%
New Asia 31.05%
Overseas Stock 93.11%
QM Global Equity 100.00%
International/Global Bond Funds
Dynamic Global Bond 0.49%
Emerging Markets Bond
Emerging Markets Corporate Bond
Emerging Markets Local Currency Bond
Global High Income Bond 0.95%
Global Multi-Sector Bond
International Bond
International Bond USD Hedged
T. Rowe Price Taxable Bond Funds
  Qualified Dividend Income Percentage1
Cash Reserves
Corporate Income 0.38%
Credit Opportunities 1.88%
Floating Rate 0.31%
Government Money
High Yield 2.21%
Inflation Protected Bond
Limited Duration Inflation Focused Bond
New Income
Short-Term Bond
Total Return 1.14%
Ultra Short-Term Bond
U.S. Bond Enhanced Index
U.S. High Yield
U.S. Treasury Intermediate
U.S. Treasury Long-Term
U.S. Treasury Money
T. Rowe Price Tax-Free Bond Funds
  Qualified Dividend Income Percentage1
California Tax-Free Bond
California Tax-Free Money N/A
Georgia Tax-Free Bond N/A
Intermediate Tax-Free High Yield
Maryland Short-Term Tax-Free Bond N/A
Maryland Tax-Free Bond N/A
Maryland Tax-Free Money N/A
New Jersey Tax-Free Bond N/A
New York Tax-Free Bond
New York Tax-Free Money N/A
Summit Municipal Income
Summit Municipal Intermediate
Summit Municipal Money Market N/A
Tax-Exempt Money N/A
Tax-Free High Yield 16.47%
Tax-Free Income
Tax-Free Short-Intermediate N/A
Virginia Tax-Free Bond N/A
T. Rowe Price Retirement, Spectrum, and Target Funds
  Qualified Dividend Income Percentage1
Retirement 2005 17.88%
Retirement 2010 21.36%
Retirement 2015 24.86%
Retirement 2020 30.10%
Retirement 2025 36.45%
Retirement 2030 41.84%
Retirement 2035 50.34%
Retirement 2040 54.38%
Retirement 2045 62.08%
Retirement 2050 65.13%
Retirement 2055 66.99%
Retirement 2060 67.62%
Retirement Balanced 21.72%
Retirement Income 2020 23.66%
Retirement I 2005 – I Class 19.25%
Retirement I 2010 – I Class 22.92%
Retirement I 2015 – I Class 26.27%
Retirement I 2020 – I Class 33.76%
Retirement I 2025 – I Class 40.32%
Retirement I 2030 – I Class 47.73%
Retirement I 2035 – I Class 53.91%
Retirement I 2040 – I Class 60.63%
Retirement I 2045 – I Class 65.49%
Retirement I 2050 – I Class 64.10%
Retirement I 2055 – I Class 66.44%
Retirement I 2060 – I Class 66.49%
Retirement Balanced I – I Class 22.90%
Spectrum Growth 78.22%
Spectrum Income 7.21%
Spectrum International 81.76%
Target 2005 19.08%
Target 2010 19.39%
Target 2015 20.86%
Target 2020 25.66%
Target 2025 32.35%
Target 2030 38.11%
Target 2035 43.90%
Target 2040 50.08%
Target 2045 55.92%
Target 2050 61.57%
Target 2055 67.98%
Target 2060 72.42%

1 This percentage applies to the sum of your income dividend plus short-term capital gain distribution paid for the calendar year or other period, if indicated, as reported in Box 1a of your IRS Form 1099-DIV.

2 Formerly Medica & Telecommunications Fund.

Percentages are the same for all fund classes (Investor, Advisor, R, and I classes). For more information on Advisor, R, Institutional, and Portfolio funds, please visit our website for financial intermediaries at www.troweprice.com/financial-intermediary/us/en/investments/tax-center.html.

N/A indicates that a fund did not pay a dividend or short-term capital gain, or pass through foreign tax paid.

A dash indicates that the fund paid a dividend or short-term capital gain, but it was not qualified dividend income.

Related Content