Founded in 1937 by Thomas Rowe Price, Jr. T. Rowe Price is one
of the oldest investment management firms in the U.S. With over
$555 billion of assets under management, the company offers a wide
range of mutual funds, sub-advisory and separate account management
services. It relies on fundamental, proprietary research to create
a culture of value-added, active fund management. The company's
adherence to stated investment objectives regardless of prevailing
market conditions secures the long term integrity of its client
portfolios.
Below we will share with you 5 top rated T. Rowe Price mutual
funds. Each has earned a
Zacks #1
Rank
(Strong Buy) as we expect these funds to outperform their peers in
the future. To view the Zacks Rank and past performance of
all T. Rowe Price funds, investors can
click here to see the complete list of funds
.
T. Rowe Price Diversified Small Cap Growth
(
PRDSX
) invests the majority of its assets in small cap companies which
are part of the MSCI US Small-Cap Growth Index. The fund aims at
holding a widely diversified portfolio, with the top 25 holdings
mot making up a large share of its assets. The fund has a three
year annualized return of 32.26%.
The T. Rowe Price mutual fund has a minimum initial investment
of $2,500 and an expense ratio of 1.10% compared to a category
average of 1.46%.
T. Rowe Price Tax-Free High-Yield
(
PRFHX
) seeks current income which is not subject to federal income tax.
The fund invests a large share of its assets in high default risk
or speculative bonds. It may utilize no more than 10% of its assets
to purchase bonds in default. The fund has a three year annualized
return of 13.7%.
James M. Murphy is the fund manager and he has managed this T.
Rowe Price mutual fund since 2002.
T. Rowe Price New Asia
(
PRASX
) invests the majority of its assets in the South East Asian
region, India and China. The fund may also look to invest in
securities from Vietnam and Pakistan. The fund has a three year
annualized return of 34.68%.
As of March 2012, this T. Rowe Price mutual fund held 94 issues,
with 4.91% of its total assets invested in Samsung Electronics Co
Ltd.
T. Rowe Price Corporate Income
(
PRPIX
) seeks high income. The fund invests a large share of its assets
in corporate debt. It may also invest up to 25% of its assets in a
wide range of securities including convertible debt and preferred
stock. The fund has a three year annualized return of 13.95%.
The T. Rowe Price mutual fund has a minimum initial investment
of $2,500 and an expense ratio of 0.64% compared to a category
average of 0.95%.
T. Rowe Price Real Estate
(
TRREX
) invests the majority of its assets in real estate companies. The
fund focuses on acquiring equity securities and does not own real
estate directly. The fund has a three year annualized return of
45.71%.
David M. Lee is the fund manager and he has managed this T. Rowe
Price mutual fund since 1997.
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 funds
.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find
funds that not only outpaced the market in the past but are also
expected to outperform going forward. Learn more about the Zacks
Mutual Fund Rank at
http://www.zacks.com/funds
.
View All Zacks #1 Ranked Mutual Funds
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