Every day, our 800+ investment professionals—including 400+ research analysts—collaborate across asset classes, sectors, and geographies to inform our decision-making. ESG analysis is also integrated into our rigorous research. We believe this approach leads to better results for you and your clients.
2022 Best U.S. Large Fund Family
Our funds have delivered more return than passive peers, more often than top active managers.
Over the last 20 years, our actively managed funds beat comparable passive peers more often—and with higher returns—than the average of all other active managers, including the five largest. Plus, over 85% of active T. Rowe Price funds have an expense ratio below the average of comparable active funds in their Morningstar category.4
T. Rowe Price funds beat comparable passive peer funds 70% of the time. That’s more often than the average of all active managers—including the five largest.
Past performance is no guarantee of future results. View standardized returns and other information about the T. Rowe Price funds in this analysis.
To learn more, check out our insights on our funds versus passive peers, and information on our performance during market volatility.
10-year trailing periods, rolling monthly. Period analyzed is 20 years ended 6/30/24
T. Rowe Price funds beat comparable passive peer funds 70% of the time. That’s more often than the average of all active managers—including the five largest.
10-year trailing periods, rolling monthly. Period analyzed is 20 years ended 6/30/24
Past performance is no guarantee of future results. View standardized returns and other information about the T. Rowe Price funds in this analysis.
To learn more, check out our insights on our funds versus passive peers, and information on our performance during market volatility.
T. Rowe Price funds delivered 0.83% of additional return over comparable passive peer funds on average. That’s more than the average of all active managers—including the five largest.
Past performance is no guarantee of future results. View standardized returns and other information about the T. Rowe Price funds in this analysis.
10-year trailing periods, rolling monthly. Period analyzed is 20 years ended 6/30/24
T. Rowe Price funds delivered 0.83% of additional return over comparable passive peer funds on average. That’s more than the average of all active managers—including the five largest.
10-year trailing periods, rolling monthly. Period analyzed is 20 years ended 6/30/24
Past performance is no guarantee of future results. View standardized returns and other information about the T. Rowe Price funds in this analysis.
Address a range of client goals with one trusted expert.
Our investment solutions are designed to meet a wide variety of real-life client needs while delivering the value and strong outcomes every client wants.
Strengthen the key elements of your portfolio with our investment discipline, style consistency, and long-term performance in U.S., international, and sector equities.
Complex markets require flexibility in fixed income solutions. Help your clients manage risk with strategies that address portfolio stability, income, diversification as well as inflation and rate hedging.
Whether you’re looking for asset allocation or risk-based strategies, consulting on portfolios, or insights to inform your own investing, our multi-asset solutions have you covered.
Rely on our expertise to navigate the evolving retirement landscape. As the largest manager of active target date products in the U.S.,5 over 95% of our Retirement Funds with a 10-year track record beat their 10-year Lipper average as of 6/30/24.6
Providing choice and flexibility across investment vehicles
Our strategies are delivered in multiple ways to help you achieve your clients’ objectives.
Specialized Capabilities
Impact Investing
Help clients invest in a way that aligns with their values. Our impact investments seek to generate compelling returns and positive environmental and/or social impact.
Private Credit
Deliver institutional-quality private credit solutions to income-seeking clients through the T. Rowe Price OHA Select Private Credit Fund (OCREDIT).7
Searching for a specific investment product? Find it with our Investment Research Tool.
*Not all strategies are available in all investment vehicles.
“Since 1937, T. Rowe Price has been focused on delivering value, investment results, and service. Our fundamental approach and long-term perspective on investment performance, combined with our global research capabilities, continue to set us apart.”
Rob Sharps
Chief Executive Officer and President
Put our best thinking to work for your portfolios.
Asset Allocation Viewpoints
Inform your investment decisions with our Asset Allocation Committee’s perspective on the current markets and what it means for your clients’ portfolios.
Looking for more investment insights?
Sign up to have all our Asset Allocation insights delivered to your inbox.
Your investment process. Our expertise.
Refine holdings, build models, adjust portfolios, and inform investment decisions. Let's put our proven multi-asset expertise to work for your clients.
Choose confidence. Partner with us.
Gain efficiency and expertise by working with an industry leader across asset classes
Navigate every kind of market with strategies supported by researchers around the globe
Incorporate sustainable investing into your practice with our ESG approach
Important Information
For more information on the methodology of this analysis, please visit troweprice.com/complete-performance-study.
Past performance is no guarantee of future results. All investments are subject to risk, including the possible loss of principal. Results from other time periods may differ. Active investing may have higher costs than passive investing and may underperform the broad market or passive peers with similar objectives. Passive investing may lag the performance of actively managed peers as holdings are not reallocated based on changes in market conditions or outlooks on specific securities.
Analysis by T. Rowe Price. Comparable passive funds are (1) mutual funds and exchange-traded funds (ETFs) classified as an “index fund” in the Morningstar Direct database and (2) in the same Morningstar category as the active funds being analyzed. All Active Managers represents the actively managed (non-“index fund”) mutual funds and ETFs in the Morningstar Direct database, excluding those managed by T. Rowe Price. The performance of the T. Rowe Price active funds and the All Active Managers funds were compared against the comparable passive funds using 10-year rolling monthly periods from 7/1/04 to 6/30/24. The analysis was conducted at the Morningstar category level analyzing all open-end funds and ETFs within U.S. Morningstar categories where passive funds are present. Oldest share class returns are used for analysis. Money market funds are excluded from the analysis.
188 funds covering 7,778 rolling 10-year periods.
2507 funds covering 42,548 rolling 10-year periods. The active assets under management (AUM) as of 6/30/24 across all funds considered in the analysis are aggregated and those funds offered at any point in the analysis period by the largest five active fund managers by AUM, identified by Morningstar, other than T. Rowe Price are grouped together here. Source: Morningstar.
35,166 funds covering 364,797 rolling 10-year periods, excluding T. Rowe Price.
Download a mutual fund prospectus; each includes investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing.
4Data as of 6/30/2024. Source: © 2024 Morningstar. Analysis by T. Rowe Price. 109 of 124 T. Rowe Price active, non-money market funds had expense ratios below the average of all active funds in their Morningstar category. Oldest share class used. Active funds are those funds classified as non-index funds in the Morningstar Direct database. The expense ratios used in this analysis are the gross prospectus expense ratios as reported by Morningstar. Some funds have expense limitations in place, so actual fees experienced may have been lower.
5Based on the Morningstar 2022 Target Date Landscape Report.
639 of our 56 Retirement Funds had a 10-year track record as of 6/30/2024 (includes Investor, I Class, Advisor, and R Class Shares). 38 of these 39 funds (97%) beat their Lipper average for the 10-year period. 42 of 42 (100%), 21 of 42 (50%), and 37 of 39 (94%) of the Retirement Funds outperformed their Lipper average for the 1-, 3-, and 5-year periods ended 6/30/2024, respectively. Calculations are based on cumulative total return. Not all funds outperformed for all periods. (Source for data: Lipper Inc.)
7OCREDIT seeks to provide the same type of private credit investment solution to individual investors that was previously largely only available to OHA's institutional clients.
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. The link to lipperfundawards.com will cause you to leave T. Rowe Price's website and will redirect you to a website that is not an affiliated of T. Rowe Price. T. Rowe Price assumes no responsibility for your or any other person's use this third-party website or any of its contents. 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.
The Best Overall US Fund Group award is given to the group with the lowest average decile ranking of its respective asset class results based on the methodology described above. Large fund family groups with at least five equity, five bond, and three mixed-asset portfolios are eligible for an overall group award
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.
The mutual funds referred to in this website are offered and sold only to persons residing in the United States and are offered by prospectus only. The prospectuses include investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing.
This material is provided for general informational purposes only and is not intended to provide legal, tax, or investment advice. This material does not provide recommendations concerning investments, investment strategies, or account types; it is not individualized to the needs of any specific investor and not intended to suggest any particular investment action is appropriate for you, nor is it intended to serve as the primary basis for investment decision-making.
© 2024 T. Rowe Price. All Rights Reserved. T. ROWE PRICE, INVEST WITH CONFIDENCE, and the Bighorn Sheep design are, collectively and/or apart, trademarks of T. Rowe Price Group, Inc. All other trademarks shown are the property of their respective owners. Use does not imply endorsement, sponsorship, or affiliation of T. Rowe Price with any of the trademark owners.
T. Rowe Price Investment Services, Inc., Distributor.
202402-3391164
