Top 401k FundsMost T. Rowe Price retirement plan products are actively mutual funds. According to Morningstar, it has over 85% of mutual funds that beat their Lipper average for the 10-year period. T Rowe Price believes in actively managing their mutual funds. There are over 100 funds with no loads and low fees to meet specific investing needs.
These top T. Rowe Price mutual funds carry extraordinarily low expense ratios. Low fees aside, we wondered how good these funds really are, so we analyzed them. These top funds are listed among the best funds for your retirement account. They also may be listed as the best funds by Morningstar, Lipper, Forbes, US News, Kiplinger, and others.
T. Rowe Price’s best 401k funds are:
- T. Rowe Price Blue Chip Growth Fund (TRBCX)
- T. Rowe Price Balanced Fund (RPBAX)
- T. Rowe Price International Discovery Fund (PRIDX)
- T. Rowe Price Mid-Cap Growth Fund (RPMGX)
- T. Rowe Price New Horizons Fund (PRNHX)
- T. Rowe Price Retirement 2015 (TRRGX)
- T. Rowe Price Small-Cap Stock Fund (OTCFX)
- T. Rowe Price Spectrum Income Fund (RPSIX)
- T. Rowe Price Tax-Free Income Fund (PRTAX)
This equity fund is investing in common stocks of large-and medium-sized blue chip growth companies. Morningstar has ranked this best mutual fund with 5 stars rating. The 3 year annualized return is 22.71%.
Top 3 stocks are Biogen Idec Inc, Amgen Inc, and Eli Lilly and Co. Top 3 sectors are technology, healthcare, and industrials.
More: Vanguard’s Best 401k Funds
Morningstar has ranked this best T. Rowe Price mutual fund with 4 stars rating. This fund has returned 7.68% over the past 3 years, 8.60% over the past 5 years, and 6.05% over the past 10 years. You can buy this mutual fund from your brokerage with $2,500 initial investment.
Top 5 holdings are:
- T. Rowe Price Instl High Yield
- T. Rowe Price Real Assets
- General Electric Co
- Amazon.com Inc
- Apple Inc
More: Fidelity's Best 401k Funds
Ranked with bronze rating, it has year to date return of 4.50% in 2015. This equity fund has a 3 year average returns of 10.04%. The past 5 years performance is as follows:
- Year 2015: 4.50% (YTD)
- Year 2014: -0.43%
- Year 2013: 24.37%
- Year 2012: 26%
- Year 2011: -14.08%
More:T. Rowe Price Retirement 2040 Fund (TRRDX) invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. This asset allocation fund has a yield of 1.32%. This mutual fund is popular among investors with $16 billion of assets.
More: Best 401k Funds For 2015 & 2016