T. Rowe Price Global Allocation Fund (RPGAX)

"Best One-and-Done Mutual Fund" Kiplinger, November 2015.

Ask our investment specialists if the Global Allocation Fund is right for your portfolio. Call 800-250-7558.

Ticker Symbol:
RPGAX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
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Performance Comparison Chart
07/31/2016  
This chart shows the value of a hypothetical $10,000 investment in the fund over the past 10 years or since its inception (for funds lacking 10-year records).
Fund Performance
07/31/2016  
 
Global Allocation
30-Day SEC Yield w/ Waiver
N/A
30-Day SEC Yield w/ Waiver as of date
 
30-Day SEC Standardized Yield w/o Waiver
N/A
30-Day SEC Standardized Yield w/o Waiver as of date
 
7-Day Yield1
N/A
7-Day Yield as of date
 
1 Year Average Annual Return
1.06%
3 Year Average Annual Return
5.43%
5 Year Average Annual Return
N/A
10 Year Average Annual Return
N/A
Since Inception Average Annual Return
4.96%
Fees and Expenses
07/31/2016  
 
Global Allocation
Load?
No Load
Expense Ratio
See Note
Expense Ratio As of Date
10/31/2015
12b-1 Fee (Annual Sales Service Fee)
0%
Redemption Fee
0%
Redemption Fee on Shares Held
N/A
General Information
07/31/2016  
 
Global Allocation
Ticker Symbol
RPGAX
Fund Type
International/Global Stock
Inception Date
05/28/2013
Morningstar Fund Category
World Allocation 
Overall Morningstar Rating™*,2
Asset Allocation, % of Total Net Assets
  06/30/2016  
 
Global Allocation
Domestic Stock
23.4%
Cash
6.7%
Convertibles
0.1%
Domestic Bond
16.9%
Foreign Stock
32.5%
Foreign Bond
11.5%
Options
N/A
Preferreds
0.3%
Other
8.6%
Net Assets ($M)
$168.96
Turnover Ratio
38.10
Fund Management
07/31/2016  
 
Global Allocation
Fund Advisor(s)
T. Rowe Price Associates
Fund Manager
Charles M. Shriver, CFA
Fund Manager Tenure
25 Yrs.
Fund Inception Date
05/28/2013
Volatility
07/31/2016  
 
Global Allocation
R-Squared
0.95
Beta
1.00
Standard Deviation
7.56
Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, yield, and return will vary and you may have a gain or loss when you sell your shares. For up-to-date standardized total returns, please click here.
The performance information shown does not reflect the deduction of redemption fees, if it did, the performance would be lower.
Note about the Global Allocation Fund's expense ratio:
The fund's gross expense ratio as of its fiscal year ended 10/31/2015 was 1.35%. To protect the interests of shareholders, T. Rowe Price Associates will waive its fees and/or bear any expenses that would cause the fund's expense ratio to exceed 1.20%. This contractual expense limitation expires on 02/28/2018.
*Morningstar Ratings™ are based on risk-adjusted returns. The Overall Morningstar Rating™ is derived from a weighted average of the performance figures associated with a fund's 3-, 5-, and 10-year (if applicable) Morningstar Rating™ metrics.
Average annual total return figures include changes in principal value, reinvested dividends, and capital gain distributions. For funds less than one year old, the Since Inception return figure is not annualized and represents an aggregate total return.
1 The yield quotation more closely reflects the current earnings of the money market fund than the total return.
2 For funds with at least a 3-year history, a Morningstar Rating™ is based on a risk-adjusted return measure (including the effects of sales charges, loads, and redemption fees) with emphasis on downward variations and consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% 4 stars, the next 35% 3 stars, the next 22.5% 2 stars, and the bottom 10% 1 star. Each share class is counted as a fraction of one fund within this scale and rated separately.
Morningstar rated the Global Allocation Fund among 472, 472, N/A and N/A World Allocation funds for the overall rating and the 3-, 5-, and 10-year periods (as applicable) ending 07/31/2016, respectively. The Global Allocation Fund received 5, 0 and 0 stars for the 3, 5, and 10 year periods (as applicable) respectively.
©2016 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
‡ From Kiplinger.com, November 2015 ©2015 The Kiplinger Washington Editors. All rights reserved. Criteria: Kiplinger's identified the T. Rowe Price Global Allocation Fund as a global allocation fund with low fees, below-average volatility, and above-average returns. Kiplinger's also weighed risk-adjusted returns. For their selection Kiplinger's utilized Morningstar's world allocation category, which includes approximately 130 funds. The ending date for performance and fee data was September 30, 2015. Kiplinger's Personal Finance, November 2015.