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3 T. Rowe Price for Stellar Gains

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Headquartered in Baltimore, MD, T. Rowe Price is a renowned publicly owned investment management firm. The company was founded in 1937 by Thomas Rowe Price, Jr. It managed assets worth $962 billion as of Dec 31, 2018 and prides itself in having more than 6,000 associates, including 971 investment professionals all over the world.

The company has around 16 offices globally and operates in four continents. It offers a full range of investment planning and guidance tools. The other offerings include mutual funds, sub-advisory services, retirement plans and separate account management for individual clients.

Below we share with you three top-ranked T. Rowe Price mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of T. Rowe Price funds.

T. Rowe Price NJ Tax-Free Bond (NJTFX - Free Report) seeks to offer maximization of income that is free from both federal and New Jersey state income taxes. The fund attains its investment goal by investing heavily in New Jersey muni bonds that are rated investment-grade. T. Rowe Price NJ Tax-Free Bond has three-year annualized returns of 2.4%.

NJTFXhas an expense ratio of 0.54% compared with the category average of 0.89%.

T. Rowe Price Mid-Cap Growth Advisor (PAMCX - Free Report) seeks appreciation of capital for the long run. PAMCX maintains a diversified portfolio by investing in common stocks of mid-cap companies, earnings of which are expected to have above-average growth prospects. Companies that fall within the range of the Russell Midcap Growth Index or S&P MidCap 400 Index are considered mid cap. T. Rowe Price Mid-Cap Growth Advisor has three-year annualized returns of 8.9%.

As of December 2018, PAMCX held 135 issues with 2.60% of its assets invested in Teleflex Inc.

T. Rowe Price Small-Cap Value Fund No Load (PRSVX - Free Report) invests the majority of its assets in companies with market capitalization within the range of the Russell 2000 Index. It may also invest in securities of companies located in foreign lands. Further, PRSVX may choose to sell its securities to restrict losses and reallocate assets in other securities with higher prospects. T. Rowe Price Small-Cap Value Fund No Load has three-year annualized returns of 9%.

J. David Wagner has been the fund manager of PRSVX since 2014.

To view the Zacks Rank and past performance of all T. Rowe Price mutual funds, investors can click here to see the complete list of T. Rowe Price funds.

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