T. Rowe Price Personal Strategy Balanced Fund (TRPBX)

Pursue a balanced approach to total returns.

Call 800-541-1506 to speak to an investment specialist about the Personal Strategy Balanced Fund.

Ticker Symbol:
TRPBX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Objective
Quick Stats
Fiscal Year End  May
Morningstar Category  Allocation--50% to 70% Equity
Inception Date 07/29/1994
Tax ID 52-1877339
Investment Objective
The fund seeks the highest total return over time, consistent with an emphasis on both capital growth and income.
Strategy
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.
Risk/Reward Potential*
Click on the risk/reward spectrum below to view the funds in that category
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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.