NEWS
- T. Rowe Price announced that it received 12 awards for 10 funds in the 2020 Refinitiv Lipper Fund Awards.
- The annual awards honor funds that have demonstrated consistently strong risk-adjusted 3-, 5-, and 10-year performance relative to their peers.
- T. Rowe Price was recognized across sectors, asset classes, and performance periods, including seven awards in the Mixed-Asset categories.
- T. Rowe Price was also cited in the Health/Biotechnology, Mid-Cap Growth, Pacific Ex-Japan, and Ultra-Short Obligation categories.
QUOTE
Rob Sharps, Group Chief Investment Officer, T. Rowe Price:
- “We are proud to receive this recognition in the annual Refinitiv Lipper Fund Awards. We’re especially pleased with the fact that the awards span the three main investment categories—equity, fixed income, and multi-asset—and that they cover various time periods. These awards reflect the strength and depth of the investment talent we have at T. Rowe Price, including our portfolio managers and the analysts who comprise our global research platform.”
Classification |
Fund Name |
Share Class Count |
Portfolio Count |
Health/Biotechnology Funds |
|||
10 Years |
T. Rowe Price Health Sciences Fund (Certificate) |
48 |
21 |
Mid-Cap Growth Funds |
|||
10 Years |
T. Rowe Price Institutional Mid-Cap Equity Growth Fund (Certificate) |
261 |
88 |
Mixed-Asset Target 2010 Funds |
|||
3 Years |
T. Rowe Price Retirement I 2010 Fund, I (Certificate) |
87 |
24 |
Mixed-Asset Target 2015 Funds |
|||
10 Years |
T. Rowe Price Retirement 2015 Fund (Certificate) |
47 |
16 |
Mixed-Asset Target 2020 Funds |
|||
5 Years |
T. Rowe Price Retirement 2020 Fund (Trophy) |
133 |
34 |
10 Years |
T. Rowe Price Retirement 2020 Fund (Certificate) |
88 |
23 |
Mixed-Asset Target 2025 Funds |
|||
5 Years |
T. Rowe Price Retirement 2025 Fund (Trophy) |
143 |
39 |
10 Years |
T. Rowe Price Retirement 2025 Fund (Certificate) |
71 |
23 |
Mixed-Asset Target 2030 Funds |
|||
5 Years |
T. Rowe Price Retirement 2030 Fund (Certificate) |
153 |
39 |
Mixed-Asset Target Allocation Growth Funds |
|||
10 Years |
T. Rowe Price Capital Appreciation Fund (Certificate) |
289 |
93 |
Pacific Ex-Japan Funds |
|||
5 Years |
T. Rowe Price Asia Opportunities Fund (Certificate) |
41 |
15 |
Ultra-Short Obligation Funds |
|||
3 Years |
T. Rowe Price Ultra Short-Term Bond Fund (Certificate) |
121 |
46 |
ABOUT THE REFINITIV LIPPER FUND AWARDS
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60, and 120 months. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification wins the Refinitiv Lipper Fund Award. For more information, see lipperfundawards.com. Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.
Winning funds over three years within the 20 largest classifications per award universe according to assets under management are awarded a trophy. Where appropriate, only funds domiciled in the respective country are taken into consideration for determining the largest classifications. All winning groups are awarded a trophy as well. The methodology for awarding trophies in regions is subject to change based on local market needs. However, all winners receive a certificate.
ABOUT REFINITIV LIPPER
Refinitiv Lipper provides independent insight on global collective investments, including mutual funds, retirement funds, hedge funds and fund fees and expenses. Lipper offers premium-quality data, fund ratings, analytical tools and global commentary through specialized product offerings. Trusted by investment professionals for more than 40 years, Lipper provides unparalleled expertise and insight to the funds industry.
ABOUT T. ROWE PRICE
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. is a global investment management organization with $1.15 trillion in assets under management as of February 29, 2020. The organization provides a broad array of mutual funds, subadvisory services, and separate account management for individual and institutional investors, retirement plans, and financial intermediaries. The company also offers sophisticated investment planning and guidance tools. T. Rowe Price’s disciplined, risk-aware investment approach focuses on diversification, style consistency, and fundamental research. For more information, visit troweprice.com or our Twitter, YouTube, LinkedIn, and Facebook sites.
The strategies, products, and services mentioned are offered via subsidiaries of T. Rowe Price Group, Inc. This does not constitute a distribution, an offer, an invitation, a recommendation, or a solicitation to sell or buy any securities in any jurisdiction.
T. ROWE PRICE, INVEST WITH CONFIDENCE, and the Bighorn Sheep design are, collectively and/or apart, trademarks or registered trademarks of T. Rowe Price Group, Inc. in the United States, European Union, and other countries.
ADDITIONAL INFORMATION
All investments are subject to risk, including the possible loss of principal.
Only eligible investors may purchase Institutional shares. See a prospectus for eligibility requirements and other available share classes.
Past performance cannot guarantee future results.
T. Rowe Price Investment Services, Inc., Distributor, T. Rowe Price mutual funds.