THOMAS ROWE PRICE, WHO founded his eponymous investment firm in 1937, is considered by many to be the father of growth investing. It’s little surprise, then, that the company is home to many dazzling actively managed funds that focus on fast-growing stocks. Five such funds rank among the 100 most popular choices in 401(k) plans.
In this article, the third of a four-part series, we analyze those five T. Rowe Price funds, plus the firm’s target-date series, T. Rowe Price Retirement (as a single entry), and rate each fund “buy,” “sell” or “hold.” The list of funds, ranked by 401(k) assets, comes courtesy of BrightScope, a financial data firm that rates workplace retirement-savings plans. (For our review of Vanguard funds, see “Best 401(k) Funds From Vanguard,” Jan.; for our take on Fidelity funds, see “Best 401(k) Funds From Fidelity,” Feb.)
The symbol and the information on fees and performance relate to the investor share class of each fund (with one exception, which we’ve noted); your 401(k) plan may offer a different share class. Returns and data are through January 8.
T. ROWE PRICE BLUE CHIP GROWTH (SYMBOL TRBCX, EXPENSE RATIO 0.69%) BUY We’re big fans of Blue Chip Growth, which has been a member of the Kiplinger 25, the list of our favorite noload funds, since 2016. Larry Puglia has managed the large-company stock fund since its 1993 launch, earning a 12.1% annualized return over the past 27 years, which outpaced the 10.2% gain in the S&P 500 index.
This story is from the March 2021 edition of Kiplinger's Personal Finance.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Sign In
This story is from the March 2021 edition of Kiplinger's Personal Finance.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Sign In
TIPS FOR FINANCING A HOME PROJECT
I recently had a call with a client who was looking to fund the construction of a swimming pool at his house.
MORE WOMEN THAN EVER ARE STARTING BUSINESSES
Retail and travel businesses, along with health, beauty and fitness, are popular with women entrepreneurs.
Finding Home Health Care
It’s important to hire a caregiver you trust.
UNDERSTANDING BOND FUND YIELDS
What's a 30-day SEC yield? A trailing 12-month yield? A yield to maturity? We explain what each measure says about an income fund.
ANSWERS TO YOUR QUESTIONS ON STUDENT LOANS
If you have federal student loans, you may benefit from new government policies. Here's what you need to know.
SHEDDING POUNDS, DELIVERING GAINS
New weight-loss drugs show promise for investors.
My Top 30 Index: An Update
A year ago, I put together what I called \"my own reinvention\" of the Dow Jones industrial average, the popular 142-year-old large-cap index. I called it simply Top 30-\"not a drastic change in the Dow but an updating.\"
Balance Your Risk and Reward
These new ETFs let you cut stock market losses. But you'll sacrifice some gains.
IS A HYBRID CAR RIGHT FOR YOU?
Hybrids offer a fuel-saving option for drivers who have reservations about all-electric vehicles. But there are trade-offs.
DEALS deals DEALS
WHO doesn't love a bargain? We've rounded up great values in investing, shopping, tech and travel-and found ways to cut down on ever-growing grocery and restaurant bills.
