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T. Rowe Price Funds

Growth

 

 

 

Balanced

The Balanced Fund seeks long-term capital appreciation, current income, and preservation of capital with moderate fluctuation in share prices. It invests in a diversified portfolio of approximately 60% in common stocks and 40% in Fixed Income securities and cash reserves. The fund is designed for investors who seek to balance the potential appreciation of common stocks with income and relative stability of bonds over the long term.

 

Blue Chip Growth

The Blue Chip Growth Fund seeks long-term growth of capital through investing primarily in common stocks of well-established companies with the potential for above-average growth in earnings. Current income is a secondary objective. The fund is intended for equity investors who can accept the risks and potential rewards inherent in a fund seeking capital appreciation through investment in 'Blue Chip' growth companies.

 

Equity Income

The Equity Income Fund seeks substantial dividend income, as well as long-term capital appreciation, by investing primarily in dividend paying common stocks of established companies. In selecting such stocks, the fund emphasizes companies that appear to be temporarily undervalued by various measures, such as price/earnings ratios. The fund is intended for investors who can accept the price volatility inherent in common stock investing.

 

Equity Index 500

The Equity Index 500 fund seeks to match the investment performance of the U.S. equity market, as represented by the Standard and Poor's 500 Composite Stock Index. The fund, which is not actively managed, is intended for investors who seek long-term capital growth with modest dividend income and can accept the price volatility inherent in common stock investing.

 

International Stock

The International Stock fund seeks long-term growth of capital by investing primarily in common stocks of established, non-U.S. companies. The fund is intended for long-term investors who can accept the price volatility inherent in common stock investing, as well as risks unique to international investing, such as changes in currency values.

 

Mid-Cap Growth

The Mid-Cap Growth fund seeks long term growth of capital by investing primarily in the common stocks of medium sized companies with the potential for above average growth. The fund's investments are expected to represent less risk than faster growing small company stocks but more than investments in large, well established businesses. The fund is intended for long term investors who can accept the price volatility inherent in common stock investing.

 

New Horizons

The New Horizons Fund seeks long-term growth of capital through investment primarily in common stocks of small, rapidly growing companies. Stocks of smaller companies may be subject to more abrupt or erratic price movements than larger-company securities. This fund is intended for long-term investors who can accept the price volatility inherent in common stock investing, especially the potentially greater price fluctuations of emerging growth companies.

 

Value Fund

The Value Fund seeks long-term capital appreciation by investing primarily in common stocks believed to be undervalued. Income is a secondary objective. Stocks of large, U.S. Companies are expected to predominate, but small-company stocks, convertible securities, bonds and foreign securities may also be included in the portfolio. The fund is intended for long term investors who can accept the price volatility inherent in common stock investing.

Stability

Blended Stable Value Fund

The Sun Chemical Blended Stable Value Fund's objective is to provide principal stability and a high level of monthly income. The Fund takes the existing guaranteed investment contracts currently held by the Sun Chemical 401k Plan and combines them with the T.Rowe Price's Stable Value fund. The existing GICs owned by the Plan were issued by insurance companies selected by Sun Chemical. As these existing GICs mature, the monies will be invested in the T.Rowe Price Stable Value fund. Ultimately, this fund will consist solely of the T.Rowe Price Stable Value fund, which invests principally in investment contracts issued by high quality insurance companies and banks.

Income

New Income

The New Income Fund seeks the highest level of income consistent with the preservation of capital over time by investing at least 80% of assets in marketable, income producing debt securities. The fund may be appropriate for investors who seek a higher income than that of a short term bond fund, and can accept the greater risk of price fluctuations. The fund is not a money market fund, and its price and yield will fluctuate.

 

 

 
 

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Last changed: 01/30/04