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 had assets worth $1.01 trillion under management as of Mar 31, 2018 and boasts 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 Mid-Cap Value TRMCX invests the majority of its assets in companies having market capitalization within the range of the Russell Midcap Value Index or the S&P MidCap 400 Index. TRMCX seeks capital growth for the long run. T. Rowe Price Mid-Cap Value has one-year annualized returns of 13.3%.
David Wallack is the portfolio manager of TRMCX since 2000.
T. Rowe Price Small-Cap Value Fund No Load PRSVX 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 one-year annualized returns of 21.3%.
PRSVX has an expense ratio of 0.79% compared with the category average of 1.15%.
T. Rowe Price Japan PRJPX 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 one-year annualized returns of 14.8%.
As of June 2018, PRJPX held 81 issues, with 3.09% 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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