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 $1.03 trillion as of Dec 31, 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 four top-ranked 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 Growth & Income (PRGIX – Free Report) seeks long-term growth of capital and income. PRGIX uses bottom-up analysis to invest in both growth and value stocks of companies. To select growth stocks, the fund focuses on companies that are expected to provide above-average growth. T. Rowe Price Growth & Income has three-year annualized returns of 13.3%.
Jeffrey Rottinghaus is the fund manager of PRGIX since 2015.
T. Rowe Price Capital Opportunity (PRCOX – Free Report) seeks U.S. common stocks, which are believed to be well positioned for capital appreciation. PRCOX invests a large chunk of its assets in companies that are listed on the S&P 500 index. The fund is expected to maintain company weights similar to the index. T. Rowe Price Capital Opportunity has three-year annualized returns of 15.7%.
As of December 2018, PRCOX held 246 issues with 3.91% of its assets invested in Microsoft 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 16%.
PRSVX has an expense ratio of 0.78% compared with the category average of 1.16%.
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 a variety of Japanese companies and industries, irrespective of their size. T. Rowe Price Japan has three-year annualized returns of 13.5%.
As of December 2018, PRJPX held 79 issues, with 3.44% of its assets invested in SoftBank Group Corp.
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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