T. Rowe Price Tax-Efficient Equity Fund (PREFX)
Ticker Symbol:
PREFX
Fund Status:
Open to new Retail investors  /  Open to subsequent Retail investments
Fund Performance
Quick Stats
Current NAV as of 06/30/2016 $22.09
NAV Change $0.23
Net Assets as of 05/31/2016 $220.44 Million
Daily YTD Return as of 06/30/2016 -2.04%
Three Month Return as of 05/31/2016 9.38%
Expense Ratio as of 02/28/2015 0.87%
Historical Prices
Select Range: 1Yr | 3 Yrs | 5 Yrs | 10 Yrs Since Inception
Monthly High   $22.38   05/27/2016
Monthly Low   $21.67   05/19/2016
Month End   $22.38   05/31/2016
YTD High   $22.65   06/08/2016
YTD Low   $18.96   02/11/2016
2015 Year High $23.66 08/05/2015
2015 Year Low $20.64 01/15/2015
2014 Year High $22.36 11/26/2014
2014 Year Low $19.21 04/11/2014
2013 Year High $20.30 12/31/2013
2013 Year Low $15.34 01/01/2013
Average Annual Total Returns and Benchmarks
as of 03/31/2016
Distribution Schedule
Dividends Annual
Capital Gains Annual
Distribution History
Dividends
Date

Per Share Amount

Reinvestment Price
01-02-2013 $0.005 $15.34
12-13-2013 $0.06 $19.42
12-12-2014 $0.01 $20.99
12-14-2015 $0.01 $22.16
Distribution amounts are rounded to the nearest cent. Shareholders should refer to their statements for exact distribution amounts.
Capital Gains

Date
Short-Term
Per Share
Amount
Long-Term
Per Share
Amount

Reinvestment
Price
12-13-2013 $0.00 $0.40 $19.42
12-12-2014 $0.00 $0.90 $20.99
12-14-2015 $0.00 $0.115 $22.16
Calendar Year Total Returns
2006 8.50%
2007 13.38%
2008 -43.45%
2009 41.73%
2010 21.38%
2011 -0.92%
2012 15.28%
2013 35.47%
2014 9.63%
2015 6.32%
Performance Comparison
as of 05/31/2016
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). The result is compared with benchmarks, which may include a broad-based market index and a peer group average or index. Market indexes do not include expenses, which are deducted from fund returns as well as mutual fund averages and indexes.
Average Annual Total Returns1
  Month End
5/31/16
Quarter End
3/31/16
1 Year -1.93% -3.17%
3 Years 11.46% 11.76%
5 Years 10.57% 10.34%
10 Years 7.80% 6.96%
Since Inception 5.90% 5.77%
Inception Date December 29, 2000
Current performance may be lower or higher than the quoted past performance, which cannot guarantee future results. Share price, principal value, and return will vary and you may have a gain or loss when you sell your shares.
The Tax-Efficient Equity Fund charges a 1% redemption fee on shares held less than 365 days. The performance information shown does not reflect the deduction of the redemption fee; if it did, the performance would be lower.
After-Tax
Average Annual Total Returns

as of 03/31/2016
  Returns after
taxes on
distributions
Returns after taxes
on distributions and
sale of fund shares
1 Year -3.30% -1.69%
5 Years 9.95% 8.20%
10 Years 6.77% 5.63%
Since Inception 5.65% 4.75%
For information about after-tax returns click here.
Share Splits
as of 05/31/2016
Split Type N/A
Effective Date N/A
Pre-Split NAV N/A
Post-Split NAV N/A
1 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.
See Glossary for additional details on all data elements.