RPBAX: T. Rowe Price Balanced Fund - MutualFunds.com

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T. Rowe Price Balanced

RPBAX - Snapshot

Vitals

  • YTD Return 10.2%
  • 3 Yr Annualized Return 6.3%
  • 5 Yr Annualized Return 7.8%
  • Net Assets $4.43 B
  • Holdings in Top 10 21.1%

52 WEEK LOW AND HIGH

$27.52
$19.18
$27.52

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.58%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 53.30%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification


Compare RPBAX to Popular U.S. Balanced Allocation Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$30.36

-0.16%

$166.16 B

1.32%

$0.40

6.53%

-

$46.18

-0.26%

$104.44 B

2.17%

$1.00

6.45%

-

$43.70

-0.07%

$46.53 B

1.30%

$0.57

11.39%

-

$36.15

0.00%

$40.35 B

1.33%

$0.48

15.79%

-

$27.65

0.00%

$36.20 B

1.44%

$0.40

12.40%

-

RPBAX - Profile

Distributions

  • YTD Total Return 10.2%
  • 3 Yr Annualized Total Return 6.3%
  • 5 Yr Annualized Total Return 7.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.03%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    T. Rowe Price Balanced Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Dec 29, 1939
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Charles Shriver

Fund Description

The fund normally invests approximately 65% of its total assets in common stocks and 35% in fixed income securities. It will invest at least 25% of its total assets in fixed income senior securities and may invest up to 35% of its total assets in foreign securities.


RPBAX - Performance

Return Ranking - Trailing

Period RPBAX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.2% -40.7% 30.5% 28.62%
1 Yr 6.9% -21.7% 26.7% 28.68%
3 Yr 6.3%* -4.7% 12.9% 27.30%
5 Yr 7.8%* -0.8% 11.3% 18.91%
10 Yr 8.4%* 0.4% 11.8% 23.91%

* Annualized

Return Ranking - Calendar

Period RPBAX Return Category Return Low Category Return High Rank in Category (%)
2019 16.6% -5.8% 25.7% 17.30%
2018 -12.1% -32.7% 0.0% 55.86%
2017 10.7% -6.5% 22.4% 27.60%
2016 2.4% -43.7% 23.3% 71.10%
2015 -6.2% -32.5% 2.6% 46.90%

Total Return Ranking - Trailing

Period RPBAX Return Category Return Low Category Return High Rank in Category (%)
YTD 10.2% -40.7% 30.5% 28.62%
1 Yr 6.9% -21.7% 26.7% 24.39%
3 Yr 6.3%* -4.7% 12.9% 24.92%
5 Yr 7.8%* -0.8% 11.3% 16.99%
10 Yr 8.4%* 0.4% 11.8% 22.96%

* Annualized

Total Return Ranking - Calendar

Period RPBAX Return Category Return Low Category Return High Rank in Category (%)
2019 16.6% -5.8% 25.7% 18.73%
2018 -12.1% -32.7% 0.8% 82.83%
2017 10.7% -3.7% 31.9% 68.99%
2016 2.4% -43.7% 23.3% 88.12%
2015 -6.2% -32.5% 5.6% 80.81%

NAV & Total Return History


RPBAX - Holdings

Concentration Analysis

RPBAX Category Low Category High RPBAX % Rank
Net Assets 4.43 B 716 K 166 B 20.41%
Number of Holdings 1459 2 14317 11.39%
Net Assets in Top 10 965 M 654 K 30 B 37.78%
Weighting of Top 10 21.07% 9.3% 100.0% 79.70%

Top 10 Holdings

  1. T. Rowe Price Instl High Yield 4.43%
  2. Reserve Invt Fds 4.20%
  3. Amazon.com Inc 2.47%
  4. Microsoft Corp 2.14%
  5. Apple Inc 1.87%
  6. Alphabet Inc Class C 1.58%
  7. T. Rowe Price Real Assets I 1.41%
  8. Facebook Inc A 1.35%
  9. Danaher Corp 0.82%
  10. Alibaba Group Holding Ltd ADR 0.80%

Asset Allocation

Weighting Return Low Return High RPBAX % Rank
Stocks
63.83% 0.00% 134.22% 24.55%
Bonds
31.18% -2.18% 97.64% 66.32%
Cash
4.50% -34.22% 89.35% 44.23%
Convertible Bonds
0.38% 0.00% 26.75% 54.42%
Preferred Stocks
0.10% 0.00% 28.13% 47.53%
Other
0.01% -3.55% 30.21% 53.97%

Stock Sector Breakdown

Weighting Return Low Return High RPBAX % Rank
Technology
20.99% 0.00% 48.90% 39.88%
Healthcare
14.39% 0.00% 36.21% 47.68%
Consumer Cyclical
13.27% 0.00% 24.29% 14.24%
Financial Services
13.10% 0.00% 100.00% 57.27%
Communication Services
10.32% 0.00% 43.64% 18.89%
Industrials
9.90% 0.00% 35.09% 48.13%
Consumer Defense
5.46% 0.00% 17.85% 85.16%
Basic Materials
3.70% 0.00% 30.87% 46.63%
Utilities
3.50% 0.00% 100.00% 25.64%
Real Estate
3.17% 0.00% 100.00% 53.07%
Energy
2.19% 0.00% 90.89% 52.92%

Stock Geographic Breakdown

Weighting Return Low Return High RPBAX % Rank
US
41.90% 0.13% 131.11% 67.62%
Non US
21.93% 0.00% 39.23% 11.54%

Bond Sector Breakdown

Weighting Return Low Return High RPBAX % Rank
Corporate
41.73% 0.00% 99.06% 34.33%
Securitized
32.29% 0.00% 59.07% 16.64%
Cash & Equivalents
12.45% 0.08% 100.00% 41.23%
Government
11.06% 0.00% 99.53% 82.16%
Municipal
2.46% 0.00% 24.46% 15.14%
Derivative
0.00% 0.00% 32.58% 95.80%

Bond Geographic Breakdown

Weighting Return Low Return High RPBAX % Rank
US
27.41% -6.66% 74.69% 61.17%
Non US
3.77% -7.18% 73.06% 49.33%

RPBAX - Expenses

Operational Fees

RPBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.58% 0.01% 4.93% 70.38%
Management Fee 0.44% 0.00% 1.75% 53.21%
12b-1 Fee N/A 0.00% 1.00% 15.53%
Administrative Fee 0.15% 0.01% 0.83% 77.05%

Sales Fees

RPBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

RPBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

RPBAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 53.30% 0.00% 484.00% 59.38%

RPBAX - Distributions

Dividend Yield Analysis

RPBAX Category Low Category High RPBAX % Rank
Dividend Yield 0.00% 0.00% 8.76% 93.88%

Dividend Distribution Analysis

RPBAX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Monthly Quarterly

Net Income Ratio Analysis

RPBAX Category Low Category High RPBAX % Rank
Net Income Ratio 2.03% -0.99% 11.02% 29.43%

Capital Gain Distribution Analysis

RPBAX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

RPBAX - Fund Manager Analysis

Managers

Charles Shriver


Start Date

Tenure

Tenure Rank

May 01, 2011

9.51

9.5%

Charles M. Shriver is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc. He is a portfolio manager for several asset allocation portfolios within the Asset Allocation Group. He is the president of the Global Allocation, Balanced, Spectrum, and Personal Strategy Funds and chairman of their Investment Advisory Committees. Charles is also a member of the Investment Advisory Committee for the Real Assets Fund. He is cochair of the Asset Allocation Committee and has been with the firm since 1991. Charles earned a BA in economics and rhetoric/communications studies from the University of Virginia, an MSF in finance from Loyola University Maryland, and a graduate diploma in public economics from Stockholm University. He has earned the Chartered Financial Analyst designation.

Toby Thompson


Start Date

Tenure

Tenure Rank

Mar 01, 2020

0.67

0.7%

Toby Thompson is a portfolio manager within the Multi-Asset Division. Mr. Thompson is a vice president of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc. Mr. Thompson earned a B.S. in business and economics from Towson University and an MBA in finance from Loyola University Maryland. He has earned the Chartered Financial Analyst and Chartered Alternative Investment Analyst designations.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 36.86 6.24 0.83
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