T. Rowe Price Spectrum Conservative Allocation Fund (PRSIX)
| Fund Assets | 2.07B |
| Expense Ratio | 0.67% |
| Min. Investment | $2,500 |
| Turnover | 45.30% |
| Dividend (ttm) | 1.46 |
| Dividend Yield | 6.79% |
| Dividend Growth | 92.26% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 26, 2026 |
| Previous Close | 21.47 |
| YTD Return | 5.60% |
| 1-Year Return | 12.13% |
| 5-Year Return | 25.45% |
| 52-Week Low | 20.00 |
| 52-Week High | 21.57 |
| Beta (5Y) | 0.48 |
| Holdings | 1840 |
| 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.
Performance
PRSIX had a total return of 12.13% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.79%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PPIPX | -i Class | 0.54% |
Top 10 Holdings
46.66% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Dynamic Global Bond I | RPEIX | 9.97% |
| Blackstone Partners Offshore Fund | n/a | 7.97% |
| T. Rowe Price Intl Bd (USD Hdgd) I | TNBMX | 6.24% |
| T. Rowe Price Emerging Markets Bond I | PRXIX | 5.13% |
| T. Rowe Price Instl High Yield | TRHYX | 4.27% |
| T. Rowe Price Gov. Reserve | TRPGRIA | 3.54% |
| T. Rowe Price Instl Emerging Mkts Eq | IEMFX | 3.42% |
| T. Rowe Price Real Assets I | PRIKX | 2.60% |
| NVIDIA Corporation | NVDA | 1.83% |
| T. Rowe Price Instl Floating Rate | RPIFX | 1.70% |
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 |