The fund seeks the highest total return over time, consistent with an emphasis on both capital growth and income.
Invests in a diversified portfolio typically consisting of approximately 60% stocks, 35% bonds, money market securities, and cash reserves; and 5% alternative investments. The manager can rebalance the investment mix, within defined ranges, based on the economic outlook, interest rates, and financial markets. Effective October 1, 2016, Blackstone Partners Offshore Fund was added as an underlying investment of the T. Rowe Price Personal Strategy Balanced Fund.
Click on the risk/reward spectrum below to view the funds in that category
The fund offers long-term capital appreciation potential and income by investing in a combination of stocks, bonds, and money market securities. The common stock portion of the portfolio has the potential to grow faster than inflation over the long term to help protect purchasing power, while the income provided by the bond portion can help cushion changes in stock prices.
Since the majority of the portfolio is invested in stocks, the primary risk is declining share prices; the bond portion will be subject to interest rate and credit risk.
* Annually we evaluate the standard deviation of each US mutual fund listed and its resulting placement within specific risk/return categories.
Methodology: If a fund is at least 5 year old, it is generally placed in risk/return categories based on the standard deviation of its performance for the longest period of its calendar year returns;
the longest time period used for analysis is 10 years (regardless of the fund's inception). If a fund is less than 5 years old, we generally use the fund's primary benchmark disclosed in its prospectus as a proxy and follow the same process of using 10-year standard deviation of the benchmark,
or longest time period available. The firm at its sole discretion may show a fund in a higher risk category based on qualitative or other factors that may differ from this methodology.
See Glossary for additional details on all data elements.
The mutual funds referred to in this website are offered and sold only to persons residing in the United States and are offered by prospectus only. The prospectuses include investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing. Download a prospectus.