T. Rowe Price Balanced I Class (RBAIX)
T. Rowe Price Balanced I Class operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $30.10, up 0.47% on the session, giving a market capitalisation of $5.33B. Its beta of 0.95 implies it has historically moved less than the broad market.
This fund aims to deliver long-term capital growth, generate ongoing income, and safeguard investors' principal. It achieves these goals by investing in a diversified portfolio of both equity and fixed income assets. Typically, the fund allocates around 65% of its net assets to stocks and 35% to fixed income instruments, although this proportion may be adjusted based on market dynamics. A minimum of 25% of its net assets must be invested in senior fixed income securities, and it retains the option to allocate up to 35% of its net assets to international securities.
T. Rowe Price Balanced I Class is most often compared with the following Financial Services names: