2022 Mutual Fund Year-End Dividend and Capital Gains Distributions

Year-end dividend and capital gains information for 2022 is provided below. See personal Dividend and Capital Gains information for your account.

The tables below exclude capital gains and quarterly dividends paid earlier in 2022 and income that is paid monthly.

Remember, you should not prepare your taxes until you receive all of your official tax forms. Please note, shareholders of the T. Rowe Price Real Estate Fund, T. Rowe Price Global Real Estate Fund, T. Rowe Price Real Assets Fund, T. Rowe Price Mid-Cap Value Fund, and T. Rowe Price Small-Cap Value Fund will receive 1099-DIV and 1099-B forms in mid-February. See the Tax Information Mailing Schedule for more information.

Definitions Related to Distributions

Declaration Date—Funds announce the amount of the dividend to be paid to investors on the declaration date.

Record Date—Shareholders must own shares on the record date to be eligible to receive a declared distribution.

Ex-Dividend Date—Each fund's share price (net asset value) is reduced by the amount of the per-share distribution on this date.

Reinvestment Date—Distribution amounts are reinvested in fund shares on this date for shareholders who elect this option.

Payment Date—Distribution amounts are mailed by check on this date to shareholders of record who receive distributions in cash.

Two Business Days After Payment Date—Shareholder accounts are updated on this date to show exact distribution amounts and may be accessed at troweprice.com/access.

2022 Year-End Distributions (PDF)

Domestic Stock Funds

Group A

Declaration/Record Date: December 12, 2022
Ex-Dividend and Reinvestment Date: December 13, 2022
Payment Date: December 14, 2022

Year-End Distributions — Domestic Stock Funds

T. Rowe Price Domestic Stock Funds	Ticker Symbol	Per Share Amounts
T. Rowe Price Domestic Stock Funds	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Blue Chip Growth	TRBCX	—	$0.0325	$6.0394
Dividend Growth	PRDGX	$0.2408	—	$1.7103
Equity Income	PRFDX	$0.2379	$0.0203	$1.4441
Equity Index 500	PREIX	$0.4154	—	—
Growth Stock	PRGFX	—	$0.0813	$2.1045
Mid-Cap Growth	RPMGX	—	—	$2.3052
Mid-Cap Value	TRMCX	$0.2530	$0.1946	$3.4983
Multi-Strategy Total Return	TMSRX	$0.1395	$0.0754	—
New Horizons	PRNHX	—	$0.0005	$2.1843
QM U.S. Small & Mid-Cap Core Equity	TQSMX	$0.0851	$0.0014	$0.9773
Real Assets	PRAFX	$0.1865	—	—
Small-Cap Stock	OTCFX	—	$0.0090	$2.1069
Small-Cap Value	PRSVX	$0.1816	$0.0954	$2.2532
U.S. Equity Research	PRCOX	$0.3202	$0.0901	$0.0548
U.S. Large-Cap Core	TRULX	$0.0626	—	$1.1845
Value	TRVLX	$0.5374	$0.1488	$3.2006

Year-End Distributions — Domestic Stock Funds I Class

T. Rowe Price Domestic Stock Funds - I Class	Ticker Symbol	Per Share Amounts
T. Rowe Price Domestic Stock Funds - I Class	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Blue Chip Growth - I Class	TBCIX	—	$0.0325	$6.0394
Dividend Growth - I Class	PDGIX	$0.2589	—	$1.7103
Equity Income - I Class	REIPX	$0.2464	$0.0203	$1.4441
Equity Index 500 - I Class	PRUIX	$0.4477	—	—
Growth Stock - I Class	PRUFX	—	$0.0813	$2.1045
Mid-Cap Growth - I Class	RPTIX	—	—	$2.3052
Mid-Cap Value - I Class	TRMIX	$0.3363	$0.1946	$3.4983
Multi-Strategy Total Return - I Class	TMSSX	$0.2430	$0.0754	—
New Horizons - I Class	PRJIX	—	$0.0005	$2.1843
QM U.S. Small & Mid-Cap Core Equity - I Class	TQSIX	$0.1390	$0.0014	$0.9773
Real Assets - I Class	PRIKX	$0.3100	—	—
Small-Cap Stock - I Class	OTIIX	$0.0681	$0.0090	$2.1069
Small-Cap Value - I Class	PRVIX	$0.3008	$0.0954	$2.2532
U.S. Equity Research - I Class	PCCOX	$0.3577	$0.0901	$0.0548
U.S. Large-Cap Core - I Class	RCLIX	$0.1530	—	$1.1845
Value - I Class	TRPIX	$0.63	$0.1488	$3.2006

Return to Top

Group B

Declaration/Record Date: December 14, 2022
Ex-Dividend and Reinvestment Date: December 15, 2022
Payment Date: December 16, 2022

Year-End Distributions — Domestic Stock Funds

T. Rowe Price Domestic Stock Funds	Ticker Symbol	Per Share Amounts
T. Rowe Price Domestic Stock Funds	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
All-Cap Opportunities	PRWAX	—	$0.0008	$1.6177
Communications & Technology	PRMTX	—	$0.0128	$16.1856
Diversified Mid-Cap Growth	PRDMX	—	$0.0599	$0.3718
Extended Equity Market Index	PEXMX	$0.3295	$0.0119	$1.5346
Financial Services	PRISX	$0.6228	—	$0.0286
Health Sciences	PRHSX	—	$0.0047	$1.5820
Large-Cap Growth	TRGOX	—	$0.0068	$1.7754
Large-Cap Value	TRLUX	$0.5009	$0.0884	$3.6438
New Era	PRNEX	$1.7858	$0.0512	—
QM U.S. Small-Cap Growth Equity	PRDSX	—	—	$1.2914
QM U.S. Value Equity	TQMVX	$0.3334	$0.0355	$0.5755
Real Estate	TRREX	$0.0990	—	$2.7440
Science & Technology	PRSCX	—	$0.9389	$1.1068
Tax-Efficient Equity	PREFX	—	—	$0.3706
Total Equity Market Index	POMIX	$0.6007	$0.0082	$0.0019

Year-End Distributions — Domestic Stock Funds I Class

T. Rowe Price Domestic Stock Funds - I Class	Ticker Symbol	Per Share Amounts
T. Rowe Price Domestic Stock Funds - I Class	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
All-Cap Opportunities - I Class	PNAIX	$0.1079	$0.0008	$1.6177
Communications & Technology - I Class	TTMIX	—	$0.0128	$16.1856
Diversified Mid-Cap Growth - I Class	RPTTX	—	$0.0599	$0.3718
Financial Services - I Class	TFIFX	$0.7628	—	$0.0286
Health Sciences - I Class	THISX	—	$0.0047	$1.582
Large-Cap Growth - I Class	TRLGX	—	$0.0068	$1.7754
Large-Cap Value - I Class	TILCX	$0.5228	$0.0884	$3.6438
New Era - I Class	TRNEX	$1.8812	$0.0512	—
QM U.S. Small-Cap Growth Equity - I Class	TQAIX	—	—	$1.2914
QM U.S. Value Equity - I Class	TQVIX	$0.3660	$0.0355	$0.5755
Real Estate - I Class	TIRRX	$0.1047	—	$2.7440
Science & Technology - I Class	TSNIX	—	$0.9389	$1.1068
Tax-Efficient Equity - I Class	TEEFX	$0.0496	—	$0.3706

Return to Top

Group C

Declaration/Record Date: December 16, 2022
Ex-Dividend and Reinvestment Date: December 19, 2022
Payment Date: December 20, 2022

Year-End Distributions — Domestic Stock Funds

T. Rowe Price Domestic Stock Funds	Ticker Symbol	Per Share Amounts
T. Rowe Price Domestic Stock Funds	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Balanced	RPBAX	$0.1315	$0.0717	$0.6065
Capital Appreciation	PRWCX	$0.4665	$0.0179	$2.3235
Spectrum Conservative Allocation	PRSIX	$0.1440	$0.0940	$0.5071
Spectrum Moderate Allocation	TRPBX	$0.1417	$0.1170	$1.0335
Spectrum Moderate Growth Allocation	TRSGX	$0.4393	$0.0781	$1.8981

Year-End Distributions — Domestic Stock Funds I Class

T. Rowe Price Domestic Stock Funds - I Class	Ticker Symbol	Per Share Amounts
T. Rowe Price Domestic Stock Funds - I Class	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Balanced - I Class	RBAIX	$0.1389	$0.0717	$0.6065
Capital Appreciation - I Class	TRAIX	$0.5412	$0.0179	$2.3235
Spectrum Conservative Allocation - I Class	PPIPX	$0.1491	$0.0940	$0.5071
Spectrum Moderate Allocation - I Class	TPPAX	$0.1487	$0.1170	$1.0335
Spectrum Moderate Growth Allocation - I Class	TGIPX	$0.5369	$0.0781	$1.8981

Return to Top

Domestic Taxable Bond

Declaration/Record Date: December 9, 2022
Ex-Dividend and Reinvestment Date: December 12, 2022
Payment Date: December 13, 2022

Year-End Distributions — Domestic Taxable Bond

T. Rowe Price Domestic Taxable Bond	Ticker Symbol	Per Share Amounts
T. Rowe Price Domestic Taxable Bond	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Corporate Income	PRPIX	Paid monthly	—	—
Credit Opportunities	PRCPX	Paid monthly	$0.0195	—
Floating Rate	PRFRX	Paid monthly	$0.0110	—
GNMA	PRGMX	Paid monthly	—	—
High Yield	PRHYX	Paid monthly	$0.0053	—
Inflation Protected Bond¹	PRIPX	$0.7854	—	—
Limited Duration Inflation Focused Bond¹	TRBFX	$0.2681	—	$0.0186
New Income	PRCIX	Paid monthly	—	—
QM U.S. Bond Index	PBDIX	Paid monthly	—	—
Short Duration Income	TSDLX	Paid monthly	—	—
Short-Term Bond	PRWBX	Paid monthly	—	—
Total Return	PTTFX	Paid monthly	—	—
U.S. High Yield	TUHYX	Paid monthly	—	—
U.S. Limited Duration TIPS Index¹	TLDTX	$0.5761	—	—
U.S. Treasury Intermediate Index	PRTIX	Paid monthly	—	—
U.S. Treasury Long-Term Index	PRULX	Paid monthly	—	—
Ultra Short-Term Bond	TRBUX	Paid monthly	—	$0.0152

Year-End Distributions — Domestic Taxable Bond I Class

T. Rowe Price Domestic Taxable Bond - I Class	Ticker Symbol	Per Share Amounts
T. Rowe Price Domestic Taxable Bond - I Class	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Corporate Income - I Class	TICCX	Paid monthly	—	—
Credit Opportunities - I Class	TCRRX	Paid monthly	$0.0195	—
Floating Rate - I Class	TFAIX	Paid monthly	$0.0110	—
GNMA - I Class	PRXAX	Paid monthly	—	—
High Yield - I Class	PRHIX	Paid monthly	$0.0053	—
Inflation Protected Bond - I Class¹	TIIPX	$0.8232	—	—
Limited Duration Inflation Focused Bond - I Class¹	TRLDX	$0.3529	—	$0.0186
New Income - I Class	PRXEX	Paid monthly	—	—
QM U.S. Bond Index - I Class	TSBLX	Paid monthly	—	—
Short Duration Income - I Class	TSIDX	Paid monthly	—	—
Short-Term Bond - I Class	TBSIX	Paid monthly	—	—
Total Return - I Class	PTKIX	Paid monthly	—	—
U.S. High Yield - I Class	TUHIX	Paid monthly	—	—
U.S. Limited Duration TIPS Index - I Class¹	TLDUX	$0.5900	—	—
U.S. Treasury Intermediate Index - I Class	PRKIX	Paid monthly	—	—
U.S. Treasury Long-Term Index - I Class	PRUUX	Paid monthly	—	—
Ultra Short-Term Bond - I Class	TRSTX	Paid monthly	—	$0.0152

Return to Top

Domestic Taxable Money Market Funds

Domestic Tax-Free Bond and Money Market Funds

Declaration/Record Date: December 2, 2022
Ex-Dividend and Reinvestment Date: December 5, 2022
Payment Date: December 6, 2022

Year-End Distributions — Domestic Tax-Free Bond and Money Market Funds

T. Rowe Price Domestic Tax-Free Bond and Money Market Funds	Ticker Symbol	Per Share Amounts
T. Rowe Price Domestic Tax-Free Bond and Money Market Funds	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
California Tax-Free Bond	PRXCX	Paid monthly	—	$0.0096
Georgia Tax-Free Bond	GTFBX	Paid monthly	$0.0054
Intermediate Tax-Free High Yield	PRIHX	Paid monthly	$0.0135	—
Maryland Short-Term Tax-Free Bond	PRMDX	Paid monthly	—	—
Maryland Tax-Free Bond	MDXBX	Paid monthly	$0.0059	$0.0248
Maryland Tax-Free Money	TMDXX	Paid monthly	—	—
New Jersey Tax-Free Bond	NJTFX	Paid monthly	—	$0.0014
New York Tax-Free Bond	PRNYX	Paid monthly	$0.0035	$0.0025
Summit Municipal Income	PRINX	Paid monthly	$0.0051	—
Summit Municipal Intermediate	PRSMX	Paid monthly	$0.0042	—
Tax-Exempt Money	PTEXX	Paid monthly	—	—
Tax-Free High Yield	PRFHX	Paid monthly	$0.0067	—
Tax-Free Income	PRTAX	Paid monthly	—	—
Tax-Free Short-Intermediate	PRFSX	Paid monthly	—	—
Virginia Tax-Free Bond	PRVAX	Paid monthly	$0.0045	—

Year-End Distributions — Domestic Tax-Free Bond and Money Market Funds I Class

T. Rowe Price Domestic Tax-Free Bond and Money Market Funds - I Class	Ticker Symbol	Per Share Amounts
	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
California Tax-Free Bond - I Class	TCFEX	Paid monthly	—	$0.0096
Georgia Tax-Free Bond - I Class	TBGAX	Paid monthly	$0.0054	—
Intermediate Tax-Free High Yield - I Class	TFHAX	Paid monthly	$0.0135	—
Maryland Short-Term Tax-Free Bond - I Class	TRMUX	Paid monthly	—	—
Maryland Tax-Free Bond - I Class	TFBIX	Paid monthly	$0.0059	$0.0248
Maryland Tax-Free Money - I Class	TWNXX	Paid monthly	—	—
New Jersey Tax-Free Bond - I Class	TRJIX	Paid monthly	—	$0.0014
New York Tax-Free Bond - I Class	TRYIX	Paid monthly	$0.0035	$0.0025
Summit Municipal Income - I Class	PRIMX	Paid monthly	$0.0051	—
Summit Municipal Intermediate - I Class	PRTMX	Paid monthly	$0.0042	—
Tax-Exempt Money - I Class	TERXX	Paid monthly	—	—
Tax-Free High Yield - I Class	PTYIX	Paid monthly	$0.0067	—
Tax-Free Income - I Class	TFILX	Paid monthly	—	—
Tax-Free Short-Intermediate - I Class	TTSIX	Paid monthly	—	—
Virginia Tax-Free Bond - I Class	TFBVX	Paid monthly	$0.0045	—

Return to Top

International/Global Stock Funds

Group A

Declaration/Record Date: December 13, 2022
Ex-Dividend and Reinvestment Date: December 14, 2022
Payment Date: December 15, 2022

Year-End Distributions — International/Global Stock Funds

T. Rowe Price Int'l/Global Stock Funds	Ticker Symbol	Per Share Amounts
T. Rowe Price Int'l/Global Stock Funds	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Africa & Middle East	TRAMX	$0.1423	—	—
Emerging Europe	TREMX	$0.0635	—	—
Emerging Markets Discovery Stock	PRIJX	$0.2368	—	—
Emerging Markets Stock	PRMSX	$0.1646	$0.1862	$0.0502
European Stock	PRESX	$0.2749	—	—
International Discovery	PRIDX	—	—	$1.8082
International Equity Index	PIEQX	$0.3632	—	—
International Stock	PRITX	$0.0748	$0.0822	—
International Value Equity	TRIGX	$0.4148	—	—
Japan	PRJPX	—	—	$0.8001
Japan²	PRJPX	—	—	$0.0023
Latin America	PRLAX	$0.5336	—	—
New Asia	PRASX	$0.0647	$0.2479	—
Overseas Stock	TROSX	$0.2526	$0.0086	—

Year-End Distributions — International/Global Stock Funds I Class

T. Rowe Price Int'l/Global Stock Funds - I Class	Ticker Symbol	Per Share Amounts
T. Rowe Price Int'l/Global Stock Funds - I Class	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Africa & Middle East - I Class	PRAMX	$0.2161	—	—
Emerging Europe - I Class	TTEEX	$0.1062	—	—
Emerging Markets Discovery Stock - I Class	REVIX	$0.319	—	—
Emerging Markets Stock - I Class	PRZIX	$0.181	$0.1862	$0.0502
European Stock - I Class	TEUIX	$0.4298	—	—
International Discovery - I Class	TIDDX	—	—	$1.8082
International Stock - I Class	PRIUX	$0.1879	$0.0822	—
International Value Equity - I Class	TRTIX	$0.4524	—	—
Japan - I Class	RJAIX	—	—	$0.8001
Japan - I Class²	RJAIX	—	—	$0.0023
Latin America - I Class	RLAIX	$0.6808	—	—
New Asia - I Class	PNSIX	$0.1509	$0.2479	—
Overseas Stock - I Class	TROIX	$0.2693	$0.0086	—

Return to Top

Group B

Declaration/Record Date: December 15, 2022
Ex-Dividend and Reinvestment Date: December 16, 2022
Payment Date: December 19, 2022

Year-End Distributions — International/Global Stock Funds

T. Rowe Price Int'l/Global Stock Funds	Ticker Symbol	Per Share Amounts
T. Rowe Price Int'l/Global Stock Funds	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Asia Opportunities	TRAOX	$0.0673	$0.2145	—
China Evolution Equity	TCELX	$0.1590	—	—
Global Consumer	PGLOX	—	$0.0063	—
Global Growth Stock	RPGEX	—	$0.0222	—
Global Impact Equity	TGPEX	—	—	—
Global Industrials	RPGIX	$0.0235	$0.2280	$0.0420
Global Real Estate	TRGRX	$0.0691	—	$0.6515
Global Stock	PRGSX	—	—	—
Global Technology	PRGTX	—	$0.0074	$0.3227
Global Value Equity	TRGVX	$0.1275	—	—
International Disciplined Equity	PRCNX	$0.0134	—	$0.2905
QM Global Equity	TQGEX	$0.3371	—	$2.4085

Year-End Distributions — International/Global Stock Funds I Class

T. Rowe Price Int'l/Global Stock Funds - I Class	Ticker Symbol	Per Share Amounts
T. Rowe Price Int'l/Global Stock Funds - I Class	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Asia Opportunities - I Class	TRASX	$0.1837	$0.2145	—
China Evolution Equity - I Class	TRCLX	$0.3251	—	—
Global Growth Stock - I Class	RGGIX	$0.0576	$0.0222	—
Global Impact Equity - I Class	TGBLX	—	—	—
Global Industrials - I Class	TRGAX	$0.1150	$0.2280	$0.0420
Global Real Estate - I Class	TIRGX	$0.0765	—	$0.6515
Global Stock - I Class	TRGLX	—	—	—
Global Technology - I Class	PGTIX	—	$0.0074	$0.3227
Global Value Equity - I Class	PRIGX	$0.1396	—	—
International Disciplined Equity - I Class	RICIX	$0.0416	—	$0.2905
QM Global Equity - I Class	TQGIX	$0.4090	—	$2.4085

Return to Top

Group C

Declaration/Record Date: December 16, 2022
Ex-Dividend and Reinvestment Date: December 19, 2022
Payment Date: December 20, 2022

Year-End Distributions — International/Global Stock Funds

T. Rowe Price Int'l/Global Stock Funds	Ticker Symbol	Per Share Amounts
T. Rowe Price Int'l/Global Stock Funds	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Global Allocation	RPGAX	$0.2118	$0.1936	—

Year-End Distributions — International/Global Stock Funds I Class

T. Rowe Price Int'l/Global Stock Funds - I Class	Ticker Symbol	Per Share Amounts
T. Rowe Price Int'l/Global Stock Funds - I Class	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Global Allocation - I Class	TGAFX	$0.2501	$0.1936	—

Return to Top

International/Global Bond Funds

Declaration/Record Date: December 9, 2022
Ex-Dividend and Reinvestment Date: December 12, 2022
Payment Date: December 13, 2022

Year-End Distributions — International/Global Bond Funds

T. Rowe Price Int'l/Global Bond Funds	Ticker Symbol	Per Share Amounts
T. Rowe Price Int'l/Global Bond Funds	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Dynamic Credit	RPIDX	Paid monthly	$0.4463	—
Dynamic Global Bond	RPIEX	Paid monthly	$0.8624	$0.2373
Emerging Markets Bond	PREMX	Paid monthly	—	—
Emerging Markets Corporate Bond	TRECX	Paid monthly	—	—
Emerging Markets Local Currency Bond	PRELX	Paid monthly	—	—
Global High Income Bond	RPIHX	Paid monthly	$0.3172	—
Global Multi-Sector Bond	PRSNX	Paid monthly	$0.0706	—
International Bond	RPIBX	Paid monthly	—	—
International Bond (USD Hedged)	TNIBX	Paid monthly	$0.6832	$0.0010

Year-End Distributions — International/Global Bond Funds I Class

T. Rowe Price Int'l/Global Bond Funds - I Class	Ticker Symbol	Per Share Amounts
T. Rowe Price Int'l/Global Bond Funds - I Class	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Dynamic Credit - I Class	RPELX	Paid monthly	$0.4463	—
Dynamic Global Bond - I Class	RPEIX	Paid monthly	$0.8624	$0.2373
Emerging Markets Bond - I Class	PRXIX	Paid monthly	—	—
Emerging Markets Corporate Bond - I Class	TECIX	Paid monthly	—	—
Emerging Markets Local Currency Bond - I Class	TEIMX	Paid monthly	—	—
Global High Income Bond - I Class	RPOIX	Paid monthly	$0.3172	—
Global Multi-Sector Bond - I Class	PGMSX	Paid monthly	$0.0706	—
International Bond - I Class	RPISX	Paid monthly	—	—
International Bond (USD Hedged) - I Class	TNBMX	Paid monthly	$0.6832	$0.0010

Return to Top

Retirement Funds

Declaration/Record Date: December 20, 2022
Ex-Dividend and Reinvestment Date: December 21, 2022
Payment Date: December 22, 2022

Year-End Distributions — Retirement Funds

T. Rowe Price Retirement Funds	Ticker Symbol	Per Share Amounts
T. Rowe Price Retirement Funds	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Retirement 2005	TRRFX	$0.3470	$0.1193	$0.6515
Retirement 2010	TRRAX	$0.4203	$0.1426	$1.0339
Retirement 2015	TRRGX	$0.3318	$0.1193	$0.9465
Retirement 2020	TRRBX	$0.4680	$0.1717	$1.5925
Retirement 2025	TRRHX	$0.3525	$0.1373	$1.3659
Retirement 2030	TRRCX	$0.4318	$0.1585	$2.0437
Retirement 2035	TRRJX	$0.2647	$0.0892	$1.2983
Retirement 2040	TRRDX	$0.3741	$0.0422	$1.7618
Retirement 2045	TRRKX	$0.2191	$0.0413	$1.0923
Retirement 2050	TRRMX	$0.1755	$0.0309	$0.9351
Retirement 2055	TRRNX	$0.1815	$0.0324	$0.8539
Retirement 2060	TRRLX	$0.1602	$0.0264	$0.5395
Retirement 2065	TRSJX	$0.1223	$0.0199	$0.2244
Retirement Balanced	TRRIX	Paid monthly	$0.1279	$0.7202
Retirement Blend 2005	TBLPX	$0.2091	$0.0758	$0.0128
Retirement Blend 2010	TBLQX	$0.2175	$0.0724	$0.0215
Retirement Blend 2015	TBLSX	$0.1926	$0.0712	$0.0125
Retirement Blend 2020	TSBAX	$0.1728	$0.0659	$0.0128
Retirement Blend 2025	TBLVX	$0.1674	$0.0606	$0.0125
Retirement Blend 2030	TBLWX	$0.1406	$0.0503	$0.0086
Retirement Blend 2035	TBLYX	$0.1296	$0.0369	$0.0145
Retirement Blend 2040	TRBLX	$0.1172	$0.0205	$0.004
Retirement Blend 2045	TRBQX	$0.1193	$0.0135	$0.0079
Retirement Blend 2050	TRBSX	$0.1168	$0.0112	$0.0128
Retirement Blend 2055	TRBOX	$0.1179	$0.0116	$0.0139
Retirement Blend 2060	TRBNX	$0.1175	$0.0125	$0.0225
Retirement Blend 2065	TRBPX	$0.1048	$0.0112	—

Year-End Distributions — Retirement Funds I Class

T. Rowe Price Retirement Funds - I Class	Ticker Symbol	Per Share Amounts
T. Rowe Price Retirement Funds - I Class	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Retirement Blend 2005 - I Class	TBLAX	$0.2160	$0.0758	$0.0128
Retirement Blend 2010 - I Class	TBLBX	$0.2322	$0.0724	$0.0215
Retirement Blend 2015 - I Class	TBLCX	$0.2053	$0.0712	$0.0125
Retirement Blend 2020 - I Class	TBLDX	$0.1875	$0.0659	$0.0128
Retirement Blend 2025 - I Class	TBLEX	$0.1812	$0.0606	$0.0125
Retirement Blend 2030 - I Class	TBLGX	$0.1550	$0.0503	$0.0086
Retirement Blend 2035 - I Class	TBLHX	$0.1462	$0.0369	$0.0145
Retirement Blend 2040 - I Class	TBLJX	$0.1363	$0.0205	$0.0040
Retirement Blend 2045 - I Class	TBLKX	$0.1387	$0.0135	$0.0079
Retirement Blend 2050 - I Class	TBLLX	$0.1360	$0.0112	$0.0128
Retirement Blend 2055 - I Class	TBLMX	$0.1363	$0.0116	$0.0139
Retirement Blend 2060 - I Class	TBLNX	$0.1351	$0.0125	$0.0225
Retirement Blend 2065 - I Class	TBLOX	$0.1314	$0.0112	—

Return to Top

Retirement I, Spectrum, and Target Funds

Declaration/Record Date: December 21, 2022
Ex-Dividend and Reinvestment Date: December 22, 2022
Payment Date: December 23, 2022

Year-End Distributions — Spectrum, and Target Funds

T. Rowe Price Spectrum and Target Funds	Ticker Symbol	Per Share Amounts
T. Rowe Price Spectrum and Target Funds	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Spectrum Diversified Equity	PRSGX	$0.1384	$0.0254	$1.9202
Spectrum Income	RPSIX	Paid monthly	$0.0585	$0.0906
Spectrum International Equity	PSILX	$0.1795	$0.0490	$0.5974
Target 2005	TRARX	$0.3516	$0.1067	$0.4081
Target 2010	TRROX	$0.3368	$0.1079	$0.3918
Target 2015	TRRTX	$0.3415	$0.1168	$0.4513
Target 2020	TRRUX	$0.3525	$0.1105	$0.4882
Target 2025	TRRVX	$0.3344	$0.1075	$0.4851
Target 2030	TRRWX	$0.2988	$0.0944	$0.4246
Target 2035	RPGRX	$0.2452	$0.0804	$0.4242
Target 2040	TRHRX	$0.2067	$0.0693	$0.5363
Target 2045	RPTFX	$0.1811	$0.0490	$0.5644
Target 2050	TRFOX	$0.1736	$0.0237	$0.6069
Target 2055	TRFFX	$0.1663	$0.0103	$0.5860
Target 2060	TRTFX	$0.1476	$0.0012	$0.4813
Target 2065	PRSLX	$0.1090	$0.0200	$0.2230

Year-End Distributions — Retirement I, Spectrum, and Target Funds

T. Rowe Price Retirement I, Spectrum, and Target Funds - I Class	Ticker Symbol	Per Share Amounts
	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Retirement I 2005 - I Class	TRPFX	$0.3476	$0.1087	$0.3754
Retirement I 2010 - I Class	TRPAX	$0.3352	$0.1117	$0.4374
Retirement I 2015 - I Class	TRFGX	$0.3322	$0.1103	$0.5187
Retirement I 2020 - I Class	TRBRX	$0.3289	$0.1107	$0.5933
Retirement I 2025 - I Class	TRPHX	$0.3024	$0.1149	$0.6298
Retirement I 2030 - I Class	TRPCX	$0.2505	$0.1130	$0.5461
Retirement I 2035 - I Class	TRPJX	$0.2306	$0.0686	$0.5411
Retirement I 2040 - I Class	TRPDX	$0.2238	$0.0452	$0.6118
Retirement I 2045 - I Class	TRPKX	$0.2095	$0.0193	$0.6530
Retirement I 2050 - I Class	TRPMX	$0.2085	$0.0035	$0.6262
Retirement I 2055 - I Class	TRPNX	$0.2063	$0.0090	$0.6060
Retirement I 2060 - I Class	TRPLX	$0.2085	$0.0115	$0.5272
Retirement I 2065 - I Class	TRFKX	$0.1432	$0.0182	$0.1217
Retirement Balanced I - I Class	TRPTX	Paid monthly	$0.1053	$0.3306
Spectrum Diversified Equity - I Class	TSVPX	$0.2199	$0.0254	$1.9202
Spectrum Income - I Class	TSPNX	Paid monthly	$0.0585	$0.0906
Spectrum International Equity - I Class	TSINX	$0.2446	$0.0490	$0.5974
Target 2005 - I Class	TFRRX	$0.3863	$0.1067	$0.4081
Target 2010 - I Class	TORFX	$0.3677	$0.1079	$0.3918
Target 2015 - I Class	TTRTX	$0.3745	$0.1168	$0.4513
Target 2020 - I Class	TTURX	$0.3861	$0.1105	$0.4882
Target 2025 - I Class	TRVVX	$0.3696	$0.1075	$0.4851
Target 2030 - I Class	TWRRX	$0.3354	$0.0944	$0.4246
Target 2035 - I Class	TPGPX	$0.2821	$0.0804	$0.4242
Target 2040 - I Class	TRXRX	$0.2438	$0.0693	$0.5363
Target 2045 - I Class	TRFWX	$0.2228	$0.0490	$0.5644
Target 2050 - I Class	TOORX	$0.2101	$0.0237	$0.6069
Target 2055 - I Class	TRPPX	$0.2058	$0.0103	$0.586
Target 2060 - I Class	TTOIX	$0.1807	$0.0012	$0.4813
Target 2065 - I Class	RPFDX	$0.1386	$0.0200	$0.2230

Return to Top

¹Income dividends from inflation adjustments on Treasury inflation protected securities (TIPS) was declared on November 30, 2022 and paid on December 1, 2022. The amounts are rounded from nine decimals places to four decimal places.

²The record/declaration date of this distribution is December 28, 2022 and the ex-dividend/reinvestment/payment date is December 29, 2022.

For information on all fund classes (Investor, Advisor, R, and I classes, Institutional and F classes, and Portfolio and Portfolio—II classes), please visit our website for financial intermediaries.

For ETF distribution information, please visit T. Rowe Price Exchange Traded Funds (ETF) Dividend Distributions.

202211-2591941

T. Rowe Price Domestic Taxable Money Market Funds	Ticker Symbol	Per Share Amounts
T. Rowe Price Domestic Taxable Money Market Funds	Ticker Symbol	Income Dividends	Short-Term Gains	Long-Term Gains
Cash Reserves	TSCXX	Paid monthly	—	—
Government Money	PRRXX	Paid monthly	—	—
U.S. Treasury Money	PRTXX	Paid monthly	—	—

2022 Mutual Fund Year-End Dividend and Capital Gains Distributions

Disclaimer