T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX)

Fund Assets	2.05B
Expense Ratio	0.66%
Min. Investment	$2,500
Turnover	65.00%
Dividend (ttm)	0.77
Dividend Yield	3.56%
Dividend Growth	7.91%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 26, 2026

Previous Close	21.71
YTD Return	7.19%
1-Year Return	11.47%
5-Year Return	26.00%
52-Week Low	20.00
52-Week High	21.73
Beta (5Y)	0.48
Holdings	2050
Inception Date	Jul 29, 1994

About PRSIX

The T. Rowe Price Spectrum Conservative Allocation Fund is a diversified mutual fund designed to offer a balanced approach to asset allocation with an emphasis on generating income and preserving capital. Its primary objective is to achieve the highest total return over time, focusing mainly on income generation while also seeking secondary capital growth. The fund accomplishes this through a strategic blend of asset classes, typically allocating about 40% of its assets to equities, 50-55% to fixed income securities—including bonds, money market instruments, and cash reserves—and up to 10% in alternative investments such as hedge funds. This composition makes the fund particularly suited to investors who favor a moderately conservative risk profile, offering exposure to both domestic and international markets across a wide range of sectors. The portfolio is managed by T. Rowe Price’s experienced team, employing a disciplined, multi-manager approach that leverages underlying T. Rowe Price funds. The fund’s role is to provide broad diversification, mitigate volatility, and generate sustainable income, capturing opportunities in both rising and stable market environments. It is especially relevant for investors seeking a core holding that balances risk with steady income potential and capital preservation.

• Fund Family: T. Rowe Price
• Category: Mix Tgt Alloc Con
• Performance Rating: High
• Risk Rating: Below Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PRSIX
• Index: Index is not available on Lipper Database

Performance

PRSIX had a total return of 11.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.81%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VWINX	Vanguard	Vanguard Wellesley Income Fund Investor Shares	0.22%
VGWIX	Vanguard	Vanguard Global Wellesley Income Fund Investor Shares	0.43%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PPIPX	-i Class	0.53%

Top 10 Holdings

43.69% of assets

Name	Symbol	Weight
Blackstone Partners Offshore Fund	n/a	8.20%
T. Rowe Price Intl Bd (USD Hdgd) I	TNBMX	7.19%
T. Rowe Price Emerging Markets Bond I	PRXIX	5.87%
T. Rowe Price Dynamic Global Bond I	RPEIX	5.20%
T. Rowe Price Instl High Yield	TRHYX	4.77%
T. Rowe Price Instl Emerging Mkts Eq	IEMFX	3.71%
T. Rowe Price Gov. Reserve	TRPGRIA	2.72%
T. Rowe Price Real Assets I	PRIKX	2.43%
NVIDIA Corporation	NVDA	1.82%
T. Rowe Price Instl Floating Rate	RPIFX	1.79%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 26, 2026	$0.1309	Jun 29, 2026
Mar 27, 2026	$0.1278	Mar 30, 2026
Dec 17, 2025	$1.0768	Dec 18, 2025
Sep 26, 2025	$0.122	Sep 29, 2025
Jun 26, 2025	$0.1473	Jun 27, 2025
Mar 27, 2025	$0.1123	Mar 28, 2025

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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