Release Details

BALTIMORE, Feb. 28, 2018 /PRNewswire/ --

NEWS

• T. Rowe Price (NASDAQ: TROW) announced today that 26 of its mutual funds received 2018 Thomson Reuters Lipper Fund Awards.
• The awards honor funds that have demonstrated consistently strong risk-adjusted 3-, 5-, and 10-year performance relative to their peers.
• T. Rowe Price was honored across sectors, asset classes, and performance periods, including 17 awards in the Mixed-Asset categories.
• T. Rowe Price was also recognized in the Mid-Cap Growth, Large-Cap Growth, International Large-Cap Core, Global Natural Resources, Health/Biotechnology, Pacific Ex-Japan, Financial Services, and Maryland Municipal Debt categories.

QUOTES

Rob Sharps, Group Chief Investment Officer, T. Rowe Price:

• "We are honored to receive multiple Thomson Reuters Lipper Fund Awards across several sectors and asset classes. This recognition is a testament to the strength of our global platform of portfolio managers and research analysts. We are grateful to Thomson Reuters Lipper for this acknowledgement."

Robert Jenkins, Global Head of Research, Thomson Reuters Lipper:

• "We congratulate T. Rowe Price for capturing awards in multiple target date fund categories. Their winning funds demonstrate the superior risk-adjusted returns we honor."

ABOUT THE THOMSON REUTERS LIPPER FUND AWARDS
For more than three decades and in over 20 countries worldwide, the Thomson Reuters Lipper Fund Awards have honoured funds and fund management firms that have excelled in providing consistently strong risk-adjusted performance relative to their peers. For more information, please contact Markets.Awards@thomsonreuters.com or visit http://www.lipperfundawards.com/.

ABOUT THOMSON REUTERS
Thomson Reuters is the world's leading source of news and information for professional markets. Customers rely on Thomson Reuters to deliver the intelligence, technology and expertise they need to find trusted answers. The business has operated in more than 100 countries for more than 100 years. Thomson Reuters shares are listed on the Toronto and New York Stock Exchanges (symbol: TRI). For more information, visit www.thomsonreuters.com.

ABOUT T. ROWE PRICE
Founded in 1937, Baltimore-based T. Rowe Price Group, Inc. is a global investment management organization with $1.05 trillion in assets under management as of January 31, 2018.  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.

For Lipper Best Individual Funds, the calculation periods extend over 36, 60 and 120 months. The highest Lipper Leader for Consistent Return (Effective Return) value within each eligible classification determines the fund classification winner over 3, 5 or 10 years as of the period end and no other time periods. Only one share class (the one with the best Lipper Leader score) is used for each portfolio in determining asset class and overall awards.  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.

Download a prospectus

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SOURCE T. Rowe Price Group, Inc.