EX-99.77C VOTES

T. ROWE PRICE NEW AMERICA GROWTH FUND

                       SPECIAL MEETING OF SHAREHOLDERS

In accordance with Rule 30e-1(b) under the Investment Company
Act of 1940, T. Rowe Price New America Growth Fund (the "Fund")
is required to furnish certain information regarding any matters
submitted to a vote of the shareholders of the Fund.
Shareholders of record of the Fund, as of the close of business
on May 30, 2017, were notified that a Special Meeting of
Shareholders (the "Meeting") would be held at T. Rowe Price, 100
East Pratt Street, Baltimore, Maryland, on Wednesday, July 26,
2017, at 8:00 a.m. Shareholders of the Fund were asked to vote
on a proposal to approve the redomiciliation and reorganization
of the Fund into a newly-established Maryland corporation. The
number of shares outstanding on the record date and the shares
present at the meeting by proxy of the Fund were as follows:

Fund

Shares Outstanding on Record Date

Shares Present By Proxy

% of Shares Entitled to Vote

New America Growth Fund

83,276,361.537

36,920,512.608

44.33%

Because the number of shareholders present at the Meeting in
person or by proxy were less than a majority of the shares
outstanding on the record date, the Meeting was adjourned
without voting on the proposal until 8:00 a.m. Eastern Daylight
Time on Thursday, August 24, 2017, at which point the Meeting
was reconvened. Shareholders of the Fund voted on a proposal to
approve the redomiciliation and reorganization of the Fund into
a newly-established Maryland corporation. The number of shares
outstanding on the record date and the shares present at the
Meeting by proxy of the Fund were as follows:

Fund

Shares Outstanding on Record Date

Shares Present By Proxy

% of Shares Entitled to Vote

New America Growth Fund

83,276,361.537

43,635,081.019

52.39%

The voting results are outlined as follows:

Fund

Number of Shares Voting

New America Growth Fund

For

40,631,221.441

% of Shares Voted

93.116%

Against

963,419.607

% of Shares Voted

2.208%

Abstain

2,040,439.971

% of Shares Voted

4.676%

EX-99.77B ACCT LTTR

Report of Independent Registered Public Accounting Firm



To the Board of Directors and Shareholders of T. Rowe Price New
America Growth Fund, Inc.

In planning and performing our audit of the financial statements
of T. Rowe Price New America Growth Fund, Inc. ("the Company")
as of and for the year ended December 31, 2017, in accordance
with the standards of the Public Company Accounting Oversight
Board (United States), we considered the Company's internal
control over financial reporting, including controls over
safeguarding securities, as a basis for designing our auditing
procedures for the purpose of expressing our opinion on the
financial statements and to comply with the requirements of Form
N-SAR, but not for the purpose of expressing an opinion on the
effectiveness of the Company's internal control over financial
reporting.  Accordingly, we do not express an opinion on the
effectiveness of the Company's internal control over financial
reporting.

The management of the Company is responsible for establishing
and maintaining effective internal control over financial
reporting.  In fulfilling this responsibility, estimates and
judgments by management are required to assess the expected
benefits and related costs of controls.  A company's internal
control over financial reporting is a process designed to
provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements
for external purposes in accordance with generally accepted
accounting principles.  A company's internal control over
financial reporting includes those policies and procedures that
(1) pertain to the maintenance of records that, in reasonable
detail, accurately and fairly reflect the transactions and
dispositions of the assets of the company; (2) provide
reasonable assurance that transactions are recorded as necessary
to permit preparation of financial statements in accordance with
generally accepted accounting principles, and that receipts and
expenditures of the company are being made only in accordance
with authorizations of management and directors of the company;
and (3)  provide reasonable assurance regarding prevention or
timely detection of unauthorized acquisition, use or disposition
of a company's assets that could have a material effect on the
financial statements.

Because of its inherent limitations, internal control over
financial reporting may not prevent or detect misstatements.
Also, projections of any evaluation of effectiveness to future
periods are subject to the risk that controls may become
inadequate because of changes in conditions, or that the degree
of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists
when the design or operation of a control does not allow
management or employees, in the normal course of performing
their assigned functions, to prevent or detect misstatements on
a timely basis.  A material weakness is a deficiency, or a
combination of deficiencies, in internal control over financial
reporting, such that there is a reasonable possibility that a
material misstatement of the Company's annual or interim
financial statements will not be prevented or detected on a
timely basis.

Our consideration of the Company's internal control over
financial reporting was for the limited purpose described in the
first paragraph and would not necessarily disclose all
deficiencies in internal control over financial reporting that
might be material weaknesses under standards established by the
Public Company Accounting Oversight Board (United States).
However, we noted no deficiencies in the Company's internal
control over financial reporting and its operation, including
controls over safeguarding securities, that we consider to be
material weaknesses as defined above as of December 31, 2017.

This report is intended solely for the information and use of
management and the Board of Directors of T. Rowe Price New
America Growth Fund and the Securities and Exchange Commission
and is not intended to be and should not be used by anyone other
than these specified parties.




/s/ PricewaterhouseCoopers LLP
Baltimore, Maryland
February 15, 2018