T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX)
The fund invests in a diversified portfolio typically consisting of approximately 40% stocks; 55% bonds, money market securities, and cash reserves; and 5% alternative investments, including through hedge funds. Under normal conditions, its allocation to the broad asset classes will be within the following ranges: stocks (30-50%), bonds, money markets securities, and cash reserves (45-65%), and alternative investments (0-10%).
Fund Info
US77957L3024
77957L302
Jul 28, 1994
$2,500
Large-Cap
Blend
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in T. Rowe Price Spectrum Conservative Allocation Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
T. Rowe Price Spectrum Conservative Allocation Fund had a return of 9.74% year-to-date (YTD) and 14.31% in the last 12 months. Over the past 10 years, T. Rowe Price Spectrum Conservative Allocation Fund had an annualized return of 5.35%, while the S&P 500 had an annualized return of 11.21%, indicating that T. Rowe Price Spectrum Conservative Allocation Fund did not perform as well as the benchmark.
PRSIX
9.74%
0.90%
4.92%
14.31%
5.32%
5.35%
^GSPC (Benchmark)
25.15%
2.97%
12.53%
31.00%
13.95%
11.21%
Monthly Returns
The table below presents the monthly returns of PRSIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.11% | 1.86% | 2.00% | -1.90% | 2.31% | 0.81% | 1.49% | 1.56% | 1.18% | -1.38% | 9.74% | ||
| 2023 | 4.12% | -1.70% | 1.50% | 0.89% | -0.66% | 2.23% | 1.58% | -1.23% | -2.34% | -1.40% | 5.06% | 3.66% | 11.97% |
| 2022 | -3.00% | -1.79% | 0.00% | -4.93% | -0.31% | -4.22% | 3.60% | -2.16% | -5.39% | 1.72% | 4.33% | -1.89% | -13.65% |
| 2021 | -0.05% | 1.30% | 0.74% | 2.29% | 0.58% | 0.62% | 0.58% | 1.15% | -1.84% | 1.78% | -1.53% | 1.31% | 7.07% |
| 2020 | 0.20% | -2.70% | -8.88% | 5.88% | 3.25% | 2.17% | 3.45% | 2.41% | -1.39% | -0.24% | 5.43% | 2.45% | 11.70% |
| 2019 | 4.38% | 1.44% | 1.10% | 1.41% | -1.54% | 3.19% | 0.36% | -0.10% | 0.46% | 0.76% | 1.16% | 1.68% | 15.12% |
| 2018 | 2.51% | -1.80% | -0.31% | 0.05% | 0.20% | -0.21% | 1.18% | 0.25% | -0.05% | -3.31% | 0.84% | -2.28% | -3.01% |
| 2017 | 1.72% | 1.58% | 0.43% | 1.34% | 1.32% | 0.42% | 1.62% | 0.67% | 0.67% | 1.07% | 0.81% | 0.46% | 12.80% |
| 2016 | -2.54% | 0.18% | 3.96% | 0.97% | 0.40% | 0.52% | 2.48% | 0.44% | 0.55% | -0.98% | -0.72% | 1.00% | 6.28% |
| 2015 | 0.33% | 2.20% | -0.32% | 0.87% | 0.11% | -1.30% | 0.60% | -3.05% | -1.63% | 3.61% | -0.33% | -0.95% | -0.03% |
| 2014 | -0.93% | 2.70% | -0.27% | 0.32% | 1.77% | 1.06% | -0.79% | 1.48% | -1.83% | 1.18% | 0.74% | -0.93% | 4.50% |
| 2013 | 1.97% | 0.23% | 1.14% | 1.58% | -0.11% | -1.99% | 2.85% | -1.38% | 2.98% | 2.52% | 0.70% | 1.01% | 11.95% |
Expense Ratio
PRSIX features an expense ratio of 0.36%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of PRSIX is 83, placing it in the top 17% of mutual funds on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
T. Rowe Price Spectrum Conservative Allocation Fund provided a 3.62% dividend yield over the last twelve months, with an annual payout of $0.73 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.73 | $0.71 | $0.38 | $0.28 | $0.29 | $0.46 | $0.41 | $0.33 | $0.36 | $0.37 | $0.37 | $0.34 |
Dividend yield | 3.62% | 3.77% | 2.19% | 1.31% | 1.35% | 2.30% | 2.28% | 1.69% | 2.00% | 2.14% | 2.04% | 1.85% |
Monthly Dividends
The table displays the monthly dividend distributions for T. Rowe Price Spectrum Conservative Allocation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.15 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.39 | |
| 2023 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.13 | $0.00 | $0.00 | $0.14 | $0.00 | $0.00 | $0.34 | $0.71 |
| 2022 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.14 | $0.38 |
| 2021 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.28 |
| 2020 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.29 |
| 2019 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.46 |
| 2018 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.13 | $0.41 |
| 2017 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.09 | $0.33 |
| 2016 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.10 | $0.36 |
| 2015 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.37 |
| 2014 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.37 |
| 2013 | $0.05 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.09 | $0.34 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the T. Rowe Price Spectrum Conservative Allocation Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the T. Rowe Price Spectrum Conservative Allocation Fund was 29.56%, occurring on Nov 20, 2008. Recovery took 280 trading sessions.
The current T. Rowe Price Spectrum Conservative Allocation Fund drawdown is 0.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -29.56% | Nov 1, 2007 | 266 | Nov 20, 2008 | 280 | Jan 4, 2010 | 546 |
| -19.28% | Feb 20, 2020 | 23 | Mar 23, 2020 | 84 | Jul 22, 2020 | 107 |
| -18.69% | Nov 17, 2021 | 229 | Oct 14, 2022 | 397 | May 15, 2024 | 626 |
| -11.95% | Apr 22, 2002 | 119 | Oct 9, 2002 | 147 | May 12, 2003 | 266 |
| -10.88% | Jul 8, 2011 | 61 | Oct 3, 2011 | 85 | Feb 3, 2012 | 146 |
Volatility
Volatility Chart
The current T. Rowe Price Spectrum Conservative Allocation Fund volatility is 1.44%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.