The mutual funds referred to in this website are offered and sold to persons residing in the United States and are offered by prospectus and, if available, summary prospectus only; each includes investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing. T.RowePrice mutual funds are distributed by T. Rowe Price Investment Services, Inc. Download a prospectus or summary prospectus.
1As of December 31, 2023.
2As of December 31, 2023.
3113 of our 298 mutual funds had a 10-year track record as of 12/31/2023 (includes Investor Class and I Class Shares). 85 of these 113 funds (75%) beat their Lipper average for the 10-year period.206 of 294(70%), 162 of263 (62%), and 169 of 245 (69%) of T.RowePricefunds outperformed their Lipper average for the 1-, 3-, and 5-year periods ended 12/31/2023, respectively.Calculations based on cumulative total return. Not all fundsoutperformed for all periods. (Source for data: Lipper Inc.)
436 of our 42 Retirement Funds had a 10-year track record as of 12/31/2023 (includes Investor, Advisor, and R-Class Shares). 35 of these 36 funds (97%) beat their Lipper average for the 10-year period. 42 of42 (100%), 26 of 39 (67%), and 37 of 39 (95%) of the Retirement Funds outperformed their Lipper average for the 1-, 3-, and 5-year periods ended 12/31/2023, respectively. Calculations are based on cumulative total return. Not all funds outperformed for allperiods. (Source for data: Lipper Inc.)
5Investor Class only. Some funds may have expense limitations in place, and if these were not in place the expenses would have been higher. Expenses for T. Rowe Price funds are obtained from the funds’ most recent prospectus. Lipper datais based on fiscal year-end data available to Lipper, Inc. as of 12/31/2023.
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