N-PX: Cover Page

Name and address of reporting person:

Name of reporting person (For registered management investment companies, provide exact name of registrant as specified in charter)

T. Rowe Price Tax-Efficient Funds, Inc.

Street 1

100 East Pratt Street

Street 2

City

Baltimore

State/Country

MARYLAND

Zip code and zip code extension or foreign postal code

21202

Telephone number of reporting person, including area code:

(410) 345-2000

Name and address of agent for service:

Name of agent for service

Street 1

Street 2

City

State/Country

Zip code and zip code extension or foreign postal code

Reporting Period:

Report for the year ended June 30, 2024

SEC Investment Company Act or Form 13F File Number:

811-08207

CRD Number (if any):

Other SEC File Number (if any):

Legal Entity Identifier (if any):

Report Type (check only one):

Registered Management Investment Company.

Fund Voting Report (Check here if the registered management investment company held one or more securities it was entitled to vote.)

Fund Notice Report (Check here if the registered management investment company did not hold any securities it was entitled to vote.)

Institutional Manager.

Institutional Manager Voting Report (Check here if all proxy votes of this reporting manager are reported in this report.)

Institutional Manager Notice Report (Check here if no proxy votes are reported in this report and complete the notice report filing explanation section below)

Institutional Manager Combination Report (Check here if a portion of the proxy votes for this reporting manager are reported in this report and a portion are reported by other reporting person(s).)

Do you wish to provide explanatory information pursuant to Special Instruction B.4?:

Yes

No

Additional information:

Pursuant to regulatory commitments, certain shares by the Fund were voted in the same manner and proportion as all shares voted in the meeting.

N-PX: Summary - Included Managers

Number of Included Institutional Managers:

0

Included Institutional Managers:

NONE

N-PX: Summary - Included Series

Number of Series:

1

Information about the Series:1

Series Identification Number:

S000002160

Series Name:

T. Rowe Price Tax-Efficient Equity Fund

LEI:

E5VXATPW4XI2JZWHH547

N-PX: Signature Block

Reporting Person:

T. Rowe Price Tax-Efficient Funds, Inc.

By (Signature):

David Oestreicher

By (Printed Signature):

David Oestreicher

By (Title):

Principal Executive Officer

Date:

09/03/2024

N-PX: Filer Information

Submission Contact Information

Notification Information

N-PX: Series/Class (Contract) Information