T. Rowe Price Personal Strategy Balanced Fund (TRPBX)

Pursue a balanced approach to total returns.

Ask our investment specialists if the Personal Strategy Balanced Fund is right for your portfolio. Call 800-541-1506.

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.
Investor Profile
Investors seeking a middle-of-the-road approach that emphasizes stocks for potential capital appreciation but also produces significant income to temper volatility. The fund should be appropriate for intermediate- to long-term investment goals. Appropriate for taxable and tax-deferred accounts, such as IRAs.
Risk/Reward Potential*
Click on the risk/reward spectrum below to view the funds in that category
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Moderate
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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.
* Funds are placed in general risk/return categories based on their 10-year standard deviation (as of December 2015) or, for newer funds, the standard deviation of the types of securities in which they invest. There is no assurance past trends will continue.
See Glossary for additional details on all data elements.