T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX)
T. Rowe Price Spectrum Conservative Allocation Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $21.64, down 0.05% on the session, giving a market capitalisation of $2.09B. Its beta of 0.68 implies it has historically moved less than the broad market.
The T. Rowe Price Spectrum Conservative Allocation Fund utilizes a diverse investment approach. It typically allocates its assets with approximately 40% in equities, around 55% in fixed-income instruments (such as bonds, money market securities, and cash equivalents), and about 5% in alternative investments, which can include participation in hedge funds. While these are common target allocations, the fund's exposure to these main asset categories is designed to remain within specific boundaries during normal market conditions: its equity holdings can range from 30% to 50%; debt securities, money markets, and cash are permitted to be between 45% and 65% of the portfolio; and alternative investments may account for 0% to 10%.
T. Rowe Price Spectrum Conservative Allocation Fund is most often compared with the following Financial Services names: