Top 5 Zacks#1 Ranked T. Rowe Price Mutual Funds - Best of Fund Family
19 12월 2012 - 2:10AM
Zacks
With over $574 billion of assets under management, T. Rowe Price
is one of the world’s leading investment management companies.
Founded in 1937 by Thomas Rowe Price, Jr, the company offers a wide
range of mutual funds, sub-advisory and separate account management
services for both individual and institutional investors. It relies
on fundamental research and a disciplined approach to provide a
full range of investment strategies. The company’s strict adherence
to stated investment objectives ensures the long term integrity of
its client portfolios
Below we will share with you 5 top rated T. Rowe Price mutual
funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect
these funds to outperform their peers in the future. To view the
Zacks Rank and past performance of all T. Rowe Price funds,
investors can click here to see the complete list of funds.
T. Rowe Price Tax-Efficient Equity (PREFX) seeks maximum
post tax capital appreciation. Common stocks constitute the
majority of the fund’s investments. The fund focuses on acquiring
domestic growth-oriented stocks. However, it may also purchase
foreign stocks in order to achieve its objectives. The fund has a
three year annualized return of 13.56%.
The T. Rowe Price mutual fund has an expense ratio of 1.03%
compared to a category average of 1.27%.
T. Rowe Price Health Sciences (PRHSX) invests heavily in
common stocks of companies whose primary operations are related to
healthcare products or services, medicine or life sciences. The
fund focuses on purchasing securities issued by large and mid-cap
companies. The fund has a three year annualized return of
22.74%.
Kris H. Jenner is the fund manager and has managed this T. Rowe
Price mutual fund since 2000.
T. Rowe Price California Tax-Free Bond (PRXCX) seeks
income which is not subject to federal and California state income
tax. The fund invests a large share of its assets in bonds exempt
from these taxes. A maximum of 10% of its assets may be utilized to
purchase securities rated below investment grade. The fund has a
three year annualized return of 8.10%.
The T. Rowe Price mutual fund has an expense ratio of 0.51%
compared to a category average of 0.94%.
T. Rowe Price Growth Stock (PRGFX) invests in companies
with strong cash flow streams having the ability to pay
progressively higher dividends. It focuses on on acquiring common
stocks of a wide range of growth oriented firms. The fund has a
three year annualized return of 13.79%.
As of September 2012, this T. Rowe Price mutual fund held 114
issues, with 12.17% of its total assets invested in Apple, Inc.
T. Rowe Price Financial Services (PRISX) seeks both
capital growth and current income. The majority of its assets are
invested in companies in the financial services sector. It may also
purchase securities of companies with significant linkages to the
sector. The fund has a three year annualized return of 7.78%.
Eric L. Veiel is the fund manager and he has managed this T.
Rowe Price mutual fund since 2010.
To view the Zacks Rank and past performance of all T. Rowe Price
mutual funds, investors can click here to see the complete list of
funds.
About Zacks Mutual Fund Rank
By applying the Zacks Rank to mutual funds, investors can find
funds that not only outpaced the market in the past but are also
expected to outperform going forward. Learn more about the Zacks
Mutual Fund Rank at http://www.zacks.com/funds.
View All Zacks #1 Ranked Mutual Funds
(PREFX): ETF Research Reports
(PRGFX): ETF Research Reports
(PRHSX): ETF Research Reports
(PRISX): ETF Research Reports
(PRXCX): ETF Research Reports
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