T. Rowe Price is a renowned publicly owned investment management firm, headquartered in Baltimore, MD. The company was founded in 1937 by Thomas Rowe Price, Jr. It managed assets worth $1.08 trillion as of Sep 30, 2018, and prides itself in having more than 6,800 associates, including 571 investment professionals.
The company has around 16 offices globally and operates in four continents. It offers a full range of investment planning and guidance tools. The other offerings include mutual funds, sub-advisory services, retirement plans and separate account management for individual clients.
Below we share with you three top-rated T. Rowe Price mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of T. Rowe Price funds.
T. Rowe Price Japan (PRJPX – Free Report) seeks capital appreciation for the long run by investing the majority of its assets in securities of companies based in Japan. PRJPX invests in various Japanese companies and industries, irrespective of their size. T. Rowe Price Japan has three-year annualized returns of 12.7%.
As of September 2018, PRJPX held 81 issues, with 4.14% of its assets invested in SoftBank Group Corp.
T. Rowe Price Small-Cap Value Fund No Load (PRSVX – Free Report) invests the majority of its assets in companies with market capitalization within the range of the Russell 2000 Index. It may also invest in securities of companies located in foreign lands. Further, PRSVX may choose to sell its securities to restrict losses and reallocate assets in other securities with higher prospects. T. Rowe Price Small-Cap Value Fund No Load has three-year annualized returns of 11.2%.
PRSVX has an expense ratio of 0.79% compared with the category average of 1.16%.
T. Rowe Price Real Estate Advisor (PAREX – Free Report) invests a huge portion of its assets in equity securities of real estate companies. PAREX aims to maintain a large portion of its assets in real estate investment trusts. The fund seeks growth for the long run through maximization of income and appreciation of capital. T. Rowe Price Real Estate Advisor has three-year annualized returns of 3.7%.
Further, Nina P. Jones is the fund manager of PAREX since 2019.
To view the Zacks Rank and past performance of all T. Rowe Price mutual funds, investors can click here to see the complete list of T. Rowe Price funds.
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