T. Rowe Price Spectrum Conservative Allocation Fund I Class (PPIPX)
T. Rowe Price Spectrum Conservative Allocation Fund I Class operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $21.62, up 0.00% on the session, giving a market capitalisation of $2.07B. On trailing twelve-month figures it carries a trailing P/E of 10.97, a net margin of 11.6%. Its beta of 0.68 implies it has historically moved less than the broad market.
This fund's primary objective is to achieve the highest possible total return over the long term. It places a core emphasis on generating income, with capital appreciation serving as a secondary goal. To accomplish this, the fund typically builds a diversified portfolio, generally allocating approximately 40% to equities, 55% to fixed income instruments (including bonds and money market securities) and cash reserves, and around 5% to alternative investments, which may encompass hedge funds. While these are common allocations, under normal market conditions, the fund's asset mix is permitted to fluctuate within specific parameters: 30-50% for stocks, 45-65% for bonds, money market securities, and cash reserves, and 0-10% for alternative investments.
T. Rowe Price Spectrum Conservative Allocation Fund I Class is most often compared with the following Financial Services names: