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T. Rowe Price Blue Chip Growth TRBCX

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Longtime Manager of T. Rowe Price Blue Chip Growth to Retire, but Future Still Bright

Analyst Note

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Larry Puglia, manager of T. Rowe Price Blue Chip Growth since its 1993 inception, will retire at year-end 2021. A well-telegraphed transition has been in the works since Paul Greene became associate portfolio manager in January 2020, and he'll officially take over on Oct. 1, 2021. With a smooth handoff setting the stage for continued success, the strategy retains its Above Average Process and People ratings, and its Morningstar Analyst Rating stays Silver for all but the most expensive share class, which is Bronze.

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