Fiscal Year End
|| Multisector Bond
The fund seeks a high level of current income with moderate share price fluctuation.
Invests in a diversified group of underlying T. Rowe Price domestic bond funds, foreign bond funds, a money market fund and an income-oriented stock fund.
Individuals seeking high current income through diversification primarily among various bond funds. Appropriate for both regular and tax-deferred accounts, such as IRAs.
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The Spectrum Income Fund offers a highly diversified approach to income investing. This can help reduce risk because poor performance in one of the fund's investments can be offset by better performance in other areas. The fund's underlying holdings should provide the potential for a high level of current income and the potential for attractive long-term returns with moderate risk. The fund can serve as a bond fund core holding and can be used to diversify an equity portfolio.
The fund's risks will directly correspond to the risks of the underlying funds in which it invests. By investing in many underlying funds, the fund has partial exposure to the risks of many different areas of the market. However, the selection of the underlying funds and the allocation of the fund's assets among the various asset classes and market sectors could cause the fund to underperform other funds with a similar investment objective.