T. Rowe Price Personal Strategy Balanced (TRPBX) a Zacks Rank #2 (Buy) invests in a diversified portfolio typically consisting of about 60% stocks, 30% bonds and 10% money market securities. TRPBX declares dividends on a quarterly basis in March, June, September and December. TRPBX offers capital gains annually in December.
This Allocation Balanced fund, as of the last filing, allocates their fund in three major groups; Large Growth, Intermediate Bond and Foreign Stock. Further, as of the last filing, T ROWE PRICE INST HIGH YIELD, T ROWE PRICE INS EMER MKT and T ROWE PRICE INST EMER MK were the top holdings for TRPBX.
The T. Rowe Price Personal Strategy Balanced fund, managed by T. Rowe Price, carries an expense ratio of 0.58%. Moreover, TRPBX requires a minimal initial investment of $2,500.
TRPBX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 2.35%, 3 year 6.58% and 5 year 7.75%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
TRPBX’s performance, as of the last filing, when compared to funds in its category was in the top 38% in 1 year, top 28% over the past 3 years, and in the 32% over the past 5 years.
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Zacks Investment Research