Morningstar

T. Rowe Price Spectrum Conservative Allocation Fund I Class PPIPX

Medalist Rating as of Aug 12, 2026 See T. Rowe Price Investment Hub

Strategy

The investment seeks the highest total return over time consistent with a primary emphasis on income and a secondary emphasis on capital growth. The fund invests in a diversified portfolio typically consisting of approximately 40% of its net assets in stocks; 50% of its net assets in bonds, money market securities, and cash reserves; and 10% of its net assets in alternative investments. Under normal conditions, its allocation to the broad asset classes will be within the following ranges: stocks (30-50%); bonds, money markets securities, and cash reserves (40-60%); and alternative investments (0-15%).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PRSIX	T. Rowe Price Spectrum Conservative Allocation Fund	No Load	Open			Jul 29, 1994	$924.85M	0.660%	Average	$2,500	−$112.24M
PPIPX	T. Rowe Price Spectrum Conservative Allocation Fund I Class	Institutional	Open			Mar 23, 2016	$1.09B	0.530%	Low	$500,000	$305,893.99

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