0001741773-21-002176.txt : 20210809 0001741773-21-002176.hdr.sgml : 20210809 20210809081217 ACCESSION NUMBER: 0001741773-21-002176 CONFORMED SUBMISSION TYPE: 497K PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20210809 DATE AS OF CHANGE: 20210809 EFFECTIVENESS DATE: 20210809 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Small-Cap Stock Fund, Inc. CENTRAL INDEX KEY: 0000075170 IRS NUMBER: 231622210 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497K SEC ACT: 1933 Act SEC FILE NUMBER: 002-12171 FILM NUMBER: 211154723 BUSINESS ADDRESS: STREET 1: 100 EAST PRATT STRET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 410-345-2000 MAIL ADDRESS: STREET 1: 100 EAST PRATT STRET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE SMALL CAP STOCK FUND INC DATE OF NAME CHANGE: 19980513 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE OTC FUND INC DATE OF NAME CHANGE: 19930210 FORMER COMPANY: FORMER CONFORMED NAME: OVER THE COUNTER SECURITIES GROUP INC DATE OF NAME CHANGE: 19920703 0000075170 S000002120 T. Rowe Price Small-Cap Stock Fund, Inc. C000005508 T. Rowe Price Small-Cap Stock Fund, Inc. OTCFX C000005509 T. Rowe Price Small-Cap Stock Fund-Advisor Class PASSX C000159682 T. Rowe Price Small-Cap Stock Fund-I Class OTIIX C000219319 T. Rowe Price Small-Cap Stock Fund-Z Class TRZZX 497K 1 c497k.htm

T. Rowe Price Funds

Supplement to the following Prospectuses and Summary Prospectuses, each as dated below (as supplemented):

October 1, 2020

T. Rowe Price Spectrum Conservative Allocation Fund

T. Rowe Price Spectrum Moderate Allocation Fund

T. Rowe Price Spectrum Moderate Growth Allocation Fund

T. Rowe Price U.S. High Yield Fund

May 1, 2021

T. Rowe Price Capital Appreciation Fund

T. Rowe Price Institutional Mid-Cap Equity Growth Fund

T. Rowe Price Institutional Small-Cap Stock Fund

T. Rowe Price Mid-Cap Growth Fund

T. Rowe Price Mid-Cap Growth Portfolio

T. Rowe Price Moderate Allocation Portfolio

T. Rowe Price Small-Cap Stock Fund

T. Rowe Price Small-Cap Value Fund

In the summary prospectus and Section 1 of each fund’s prospectus, the disclosure under “Management” is supplemented as follows:

Effective March 7, 2022, T. Rowe Price Investment Management, Inc. (Price Investment Management) will be added as an investment subadviser to the fund.

In Section 2 of each fund’s prospectus, the disclosure under “Investment Adviser(s)” is supplemented as follows:

Effective March 7, 2022, T. Rowe Price will enter into a subadvisory agreement with Price Investment Management under which Price Investment Management is authorized to trade securities and make discretionary investment decisions on behalf of the fund. Price Investment Management is an SEC-registered investment adviser that provides investment management services to individual and institutional investors and sponsors; and serves as adviser and subadviser to registered investment companies, institutional separate accounts, and common trust funds. The address for Price Investment Management is 100 East Pratt Street, Baltimore, Maryland 21202.

The date of this supplement is August 9, 2021.

G28-041 8/9/2021