T. Rowe Price Small-Cap Stock FundI Class
Effective October 1, 2016, Frank M. Alonso will replace Gregory A. McCrickard as the funds portfolio manager and Chairman of the funds Investment Advisory Committee.
In Section 1, the portfolio manager table under Management is supplemented as follows:
Effective October 1, 2016, Frank M. Alonso will replace Gregory A. McCrickard as the funds portfolio manager and Chairman of the funds Investment Advisory Committee. Mr. Alonso joined T. Rowe Price in 2000.
In Section 3, the disclosure under Portfolio Management is supplemented as follows:
Effective October 1, 2016, Frank M. Alonso will replace Gregory A. McCrickard as Chairman of the funds Investment Advisory Committee. Mr. Alonso joined the Firm in 2000 and his investment experience dates from that time. During the past five years, he has served as an equity research analyst and a portfolio manager (beginning in 2013).
R525-041 4/6/16