T. Rowe Price is one of the oldest investment management firms in the U.S with over seventy years of domain expertise. It prides itself on a culture of value-added, active fund management by emphasizing fundamental, proprietary research activities. With over $439 billion of assets under management, the company offers a wide range of mutual funds, sub-advisory and separate account management services. T. Rowe Price continues to adhere to its stated investment objectives regardless of prevailing market conditions.
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, then click here.
T. Rowe Price Inflation Protected Bond (PRIPX) seeks to provide income and inflation protection. The fund invests the majority of its assets in inflation-protected bonds. It focuses on U.S Treasury bonds but may also purchase bonds issued by companies and government agencies. The fund has a three year annualized return of 6.12%.
The Fund Manager is Daniel O. Shackelford and he has managed this T. Rowe Price fund since 2002.
T. Rowe Price Real Estate (TRREX) invests a large share of its assets in real estate companies. The fund focuses on acquiring equity securities and does not own real estate directly. The fund returned 30.86% over the last one year period.
As of September 2010, this T. Rowe Price fund held 37 issues, with 9.49% of its total assets invested in Simon Property Group, Inc.
T. Rowe Price Tax-Free High-Yield (PRFHX) seeks current income which is not subject to federal income tax. The fund invests the majority 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 ten year annualized return of 4.04%.
The T. Rowe Price fund has a minimum initial investment of $2,500 and an expense ratio of 0.68% compared to a category average of 1.06%.
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 returned 19.88% over the last one year period.
The Fund Manager is Sudhir Nanda and he has managed this T. Rowe Price fund since 2006.
T. Rowe Price Latin America (PRLAX) seeks long term capital growth. The fund invests at least 80% of its assets in companies from Latin America. The fund invests in companies regardless of their size and primarily looks to acquire common stocks. The fund has a five year annualized return of 19.85%.
The T. Rowe Price fund has a minimum initial investment of $2,500 and an expense ratio of 1.29% compared to a category average of 1.89%.
To view the Zacks Rank and past performance of all T. Rowe Price mutual funds, then click here.
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/mutualfund/
