0000808303-17-000005.txt : 20170515 0000808303-17-000005.hdr.sgml : 20170515 20170515085249 ACCESSION NUMBER: 0000808303-17-000005 CONFORMED SUBMISSION TYPE: 485BPOS PUBLIC DOCUMENT COUNT: 22 FILED AS OF DATE: 20170515 DATE AS OF CHANGE: 20170515 EFFECTIVENESS DATE: 20170515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Spectrum Fund, Inc. CENTRAL INDEX KEY: 0000808303 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1933 Act SEC FILE NUMBER: 033-10992 FILM NUMBER: 17841393 BUSINESS ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 410-345-2000 MAIL ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE SPECTRUM FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE OMNI TRUST DATE OF NAME CHANGE: 19870726 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Spectrum Fund, Inc. CENTRAL INDEX KEY: 0000808303 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 485BPOS SEC ACT: 1940 Act SEC FILE NUMBER: 811-04998 FILM NUMBER: 17841394 BUSINESS ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 410-345-2000 MAIL ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE SPECTRUM FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE OMNI TRUST DATE OF NAME CHANGE: 19870726 0000808303 S000002122 Spectrum Income Fund C000005512 Spectrum Income Fund RPSIX 0000808303 S000002123 Spectrum Growth Fund C000005513 Spectrum Growth Fund PRSGX 0000808303 S000002124 Spectrum International Fund C000005514 Spectrum International Fund PSILX 485BPOS 1 spcxbrl-51201111.htm Untitled Document

Registration Nos. 033-10992/811-4998

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM N-1A

REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933   /X/

      

 Post-Effective Amendment No. 39     /X/

and/or

REGISTRATION STATEMENT UNDER THE INVESTMENT COMPANY ACT OF 1940 /X/

 Amendment No. 43      /X/

T. ROWE PRICE SPECTRUM FUND, INC.

Exact Name of Registrant as Specified in Charter

100 East Pratt Street, Baltimore, Maryland 21202
Address of Principal Executive Offices

410-345-2000
Registrant’s Telephone Number, Including Area Code

David Oestreicher

100 East Pratt Street, Baltimore, Maryland 21202
Name and Address of Agent for Service

 It is proposed that this filing will become effective (check appropriate box):

/X/ Immediately upon filing pursuant to paragraph (b)

// On (date) pursuant to paragraph (b)

// 60 days after filing pursuant to paragraph (a)(1)

// On (date) pursuant to paragraph (a)(1)

// 75 days after filing pursuant to paragraph (a)(2)

// On (date) pursuant to paragraph (a)(2) of Rule 485

 If appropriate, check the following box:

// This post-effective amendment designates a new effective date for a previously filed post-effective amendment.

 


Page 2

EXHIBITS

  

Exhibit

Exhibit No.

XBRL Instance Document

EX-101.INS

XBRL Taxonomy Extension Schema Document

EX-101.SCH

XBRL Taxonomy Extension Calculation Linkbase Document

EX-101.CAL

XBRL Taxonomy Extension Definition Linkbase Document

EX-101.DEF

XBRL Taxonomy Extension Labels Linkbase Document

EX-101.LAB

XBRL Taxonomy Extension Presentation Linkbase Document

EX-101.PRE


Page 3

Signatures

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all of the requirements for effectiveness of this Registration Statement pursuant to Rule 485(b) under the Securities Act of 1933 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, duly authorized, in the City of Baltimore, State of Maryland, this May 15, 2017.

 T. ROWE PRICE SPECTRUM FUND, INC.

 /s/Edward C. Bernard

By: Edward C. Bernard

 Chairman of the Board

Pursuant to the requirements of the Securities Act of 1933, as amended, this Registration Statement has been signed below by the following persons in the capacities and on the dates indicated:

   

Signature

Title

Date

   
   

/s/Edward C. Bernard

Chairman of the Board

May 15, 2017

Edward C. Bernard

(Chief Executive Officer)

 
   
   

/s/Catherine D. Mathews

Treasurer

May 15, 2017

Catherine D. Mathews

(Chief Financial Officer)

 
 

and Vice President

 
   

*

  

Anthony W. Deering

Director

May 15, 2017

   
   

*

  

Bruce W. Duncan

Director

May 15, 2017

   
   

*

  

Robert J. Gerrard, Jr.

Director

May 15, 2017

   
   

*

  

Paul F. McBride

Director

May 15, 2017

   
   

*

  

Cecilia E. Rouse

Director

May 15, 2017

   
   

*

  

John G. Schreiber

Director

May 15, 2017

   
   

*

  

Mark. R. Tercek

Director

May 15, 2017

   


Page 4

   
   

*/s/David Oestreicher

Vice President and

May 15, 2017

David Oestreicher

Attorney-In-Fact

 


Page 5

T. ROWE PRICE BALANCED FUND, INC.

T. ROWE PRICE BLUE CHIP GROWTH FUND, INC.

T. ROWE PRICE CALIFORNIA TAX-FREE INCOME TRUST

T. ROWE PRICE CAPITAL APPRECIATION FUND

T. ROWE PRICE CAPITAL OPPORTUNITY FUND, INC.

T. ROWE PRICE CORPORATE INCOME FUND, INC.

T. ROWE PRICE CREDIT OPPORTUNITIES FUND, INC.

T. ROWE PRICE DIVERSIFIED MID-CAP GROWTH FUND, INC.

T. ROWE PRICE DIVIDEND GROWTH FUND, INC.

T. ROWE PRICE EQUITY INCOME FUND

T. ROWE PRICE EQUITY SERIES, INC.

T. ROWE PRICE FINANCIAL SERVICES FUND, INC.

T. ROWE PRICE FIXED INCOME SERIES, INC.

T. ROWE PRICE FLOATING RATE FUND, INC.

T. ROWE PRICE GLOBAL ALLOCATION FUND, INC.

T. ROWE PRICE GLOBAL MULTI-SECTOR BOND FUND, INC.

T. ROWE PRICE GLOBAL REAL ESTATE FUND, INC.

T. ROWE PRICE GLOBAL TECHNOLOGY FUND, INC.

T. ROWE PRICE GNMA FUND

T. ROWE PRICE GROWTH & INCOME FUND, INC.

T. ROWE PRICE GROWTH STOCK FUND, INC.

T. ROWE PRICE HEALTH SCIENCES FUND, INC.

T. ROWE PRICE HIGH YIELD FUND, INC.

T. ROWE PRICE INDEX TRUST, INC.

T. ROWE PRICE INFLATION PROTECTED BOND FUND, INC.

T. ROWE PRICE INSTITUTIONAL EQUITY FUNDS, INC.

T. ROWE PRICE INSTITUTIONAL INCOME FUNDS, INC.

T. ROWE PRICE INSTITUTIONAL INTERNATIONAL FUNDS, INC.

T. ROWE PRICE INTERMEDIATE TAX-FREE HIGH YIELD FUND, INC.

T. ROWE PRICE INTERNATIONAL FUNDS, INC.

T. ROWE PRICE INTERNATIONAL INDEX FUND, INC.

T. ROWE PRICE INTERNATIONAL SERIES, INC.

T. ROWE PRICE LIMITED DURATION INFLATION FOCUSED BOND FUND, INC.

T. ROWE PRICE MEDIA & TELECOMMUNICATIONS FUND, INC.

T. ROWE PRICE MID-CAP GROWTH FUND, INC.

T. ROWE PRICE MID-CAP VALUE FUND, INC.

T. ROWE PRICE MULTI-SECTOR ACCOUNT PORTFOLIOS, INC.

T. ROWE PRICE NEW AMERICA GROWTH FUND
T. ROWE PRICE NEW ERA FUND, INC.

T. ROWE PRICE NEW HORIZONS FUND, INC.

T. ROWE PRICE NEW INCOME FUND, INC.

T. ROWE PRICE PERSONAL STRATEGY FUNDS, INC.

T. ROWE PRICE PRIME RESERVE FUND, INC.

T. ROWE PRICE QUANTITATIVE MANAGEMENT FUNDS, INC.

T. ROWE PRICE REAL ASSETS FUND, INC.

T. ROWE PRICE REAL ESTATE FUND, INC.

T. ROWE PRICE RESERVE INVESTMENT FUNDS, INC.

T. ROWE PRICE RETIREMENT FUNDS, INC.

T. ROWE PRICE SCIENCE & TECHNOLOGY FUND, INC.

T. ROWE PRICE SHORT-TERM BOND FUND, INC.


Page 6

T. ROWE PRICE SMALL-CAP STOCK FUND, INC.

T. ROWE PRICE SMALL-CAP VALUE FUND, INC.

T. ROWE PRICE SPECTRUM FUND, INC.

T. ROWE PRICE STATE TAX-FREE INCOME TRUST

T. ROWE PRICE SUMMIT FUNDS, INC.

T. ROWE PRICE SUMMIT MUNICIPAL FUNDS, INC.

T. ROWE PRICE TAX-EFFICIENT FUNDS, INC.

T. ROWE PRICE TAX-EXEMPT MONEY FUND, INC.

T. ROWE PRICE TAX-FREE HIGH YIELD FUND, INC.

T. ROWE PRICE TAX-FREE INCOME FUND, INC.

T. ROWE PRICE TAX-FREE SHORT-INTERMEDIATE FUND, INC.

T. ROWE PRICE U.S. BOND ENHANCED INDEX FUND, INC.

T. ROWE PRICE U.S. LARGE-CAP CORE FUND, INC.

T. ROWE PRICE U.S. TREASURY FUNDS, INC.

T. ROWE PRICE VALUE FUND, INC.

POWER OF ATTORNEY

 RESOLVED, that the Corporation does hereby constitute and authorize Edward C. Bernard, Margery K. Neale, and David Oestreicher, and each of them individually, their true and lawful attorneys and agents to take any and all action and execute any and all instruments which said attorneys and agents may deem necessary or advisable to enable the Corporation/Trust to comply with the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, and any rules, regulations, orders or other requirements of the United States Securities and Exchange Commission thereunder, in connection with the registration under the Securities Act of 1933, as amended, of shares of the Corporation/Trust, to be offered by the Corporation/Trust, and the registration of the Corporation/Trust under the Investment Company Act of 1940, as amended, including specifically, but without limitation of the foregoing, power and authority to sign the name of the Corporation/Trust on its behalf, and to sign the names of each of such directors/trustees and officers on his behalf as such director/trustee or officer to any (i) Registration Statement on Form N-1A or N-14 of the Corporation/Trust filed with the Securities and Exchange Commission under the Securities Act of 1933, as amended; (ii) Registration Statement on Form N-1A or N-14 of the Corporation/Trust under the Investment Company Act of 1940, as amended; (iii) amendment or supplement (including, but not limited to, Post-Effective Amendments adding additional series or classes of the Corporation/Trust) to said Registration Statement; and (iv) instruments or documents filed or to be filed as a part of or in connection with such Registration Statement, including Articles Supplementary, Articles of Amendment, and other instruments with respect to the Articles of Incorporation or Master Trust Agreement of the Corporation/Trust.

 IN WITNESS WHEREOF, the above named Corporations/Trusts have caused these presents to be signed and the same attested by its Secretary, each thereunto duly authorized by its Board of Directors/Trustees, and each of the undersigned has hereunto set his hand and seal as of the day set opposite his name.


Page 7

   

ALL CORPORATIONS/TRUSTS

/s/Edward C. Bernard

  

Edward C. Bernard

/s/Catherine D. Mathews

Chairman of the Board (Principal Executive Officer)

Director/Trustee

April 21, 2016

Catherine D. Mathews

/s/William R. Brody

Treasurer (Principal Financial Officer)

Vice President

April 21, 2016

William R. Brody

/s/Anthony W. Deering

Director/Trustee

April 21, 2016

Anthony W. Deering

/s/Bruce W. Duncan

Director/Trustee

April 21, 2016

Bruce W. Duncan

/s/Robert J. Gerrard, Jr.

Director/Trustee

April 21, 2016

Robert J. Gerrard, Jr.

/s/Paul F. McBride

Director/Trustee

April 21, 2016

Paul F. McBride

/s/Cecilia E. Rouse

Director/Trustee

April 21, 2016

Cecilia E. Rouse

/s/John G. Schreiber

Director/Trustee

April 21, 2016

John G. Schreiber

/s/Mark R. Tercek

Director/Trustee

April 21, 2016

Mark R. Tercek

Director/Trustee

April 21, 2016

(Signatures Continued)


Page 8

BRIAN C. ROGERS, Director/Trustee

T. ROWE PRICE BALANCED FUND, INC.

T. ROWE PRICE BLUE CHIP GROWTH FUND, INC.

T. ROWE PRICE CAPITAL APPRECIATION FUND

T. ROWE PRICE CAPITAL OPPORTUNITY FUND, INC.

T. ROWE PRICE DIVERSIFIED MID-CAP GROWTH FUND, INC.

T. ROWE PRICE DIVIDEND GROWTH FUND, INC.

T. ROWE PRICE EQUITY INCOME FUND

T. ROWE PRICE EQUITY SERIES, INC.

T. ROWE PRICE FINANCIAL SERVICES FUND, INC.

T. ROWE PRICE GLOBAL ALLOCATION FUND, INC.

T. ROWE PRICE GLOBAL REAL ESTATE FUND, INC.

T. ROWE PRICE GLOBAL TECHNOLOGY FUND, INC.

T. ROWE PRICE GROWTH & INCOME FUND, INC.

T. ROWE PRICE GROWTH STOCK FUND, INC.

T. ROWE PRICE HEALTH SCIENCES FUND, INC.

T. ROWE INDEX TRUST, INC.

T. ROWE PRICE INSTITUTIONAL EQUITY FUNDS, INC.

T. ROWE PRICE INSTITUTIONAL INTERNATIONAL FUNDS, INC.

T. ROWE PRICE INTERNATIONAL FUNDS, INC.

T. ROWE PRICE INTERNATIONAL INDEX FUND, INC.

T. ROWE PRICE INTERNATIONAL SERIES, INC.

T. ROWE PRICE MEDIA & TELECOMMUNICATIONS FUND, INC.

T. ROWE PRICE MID-CAP GROWTH FUND, INC.

T. ROWE PRICE MID-CAP VALUE FUND, INC.

T. ROWE PRICE NEW AMERICA GROWTH FUND

T. ROWE PRICE NEW ERA FUND, INC.

T. ROWE PRICE NEW HORIZONS FUND, INC.

T. ROWE PRICE PERSONAL STRATEGY FUNDS, INC.

T. ROWE PRICE QUANTITATIVE MANAGEMENT FUNDS, INC.

T. ROWE PRICE REAL ASSETS FUND, INC.

T. ROWE PRICE REAL ESTATE FUND, INC.

T. ROWE PRICE RETIREMENT FUNDS, INC.

T. ROWE PRICE SCIENCE & TECHNOLOGY FUND, INC.

T. ROWE PRICE SMALL-CAP STOCK FUND, INC.

T. ROWE PRICE SMALL-CAP VALUE FUND, INC.

T. ROWE PRICE SPECTRUM FUND, INC.

T. ROWE PRICE TAX-EFFICIENT FUNDS, INC.

T. ROWE PRICE U.S. LARGE-CAP CORE FUND, INC.

T. ROWE PRICE VALUE FUND, INC.

/s/Brian C. Rogers

   

Brian C. Rogers

 

April 21, 2016

(Signatures Continued)


Page 9

EDWARD A. WIESE, Director/Trustee


T. ROWE PRICE CALIFORNIA TAX-FREE INCOME TRUST

T. ROWE PRICE CORPORATE INCOME FUND, INC.

T. ROWE PRICE CREDIT OPPORTUNITIES FUND, INC.

T. ROWE PRICE FIXED INCOME SERIES, INC.

T. ROWE PRICE FLOATING RATE FUND, INC.

T. ROWE PRICE GLOBAL MULTI-SECTOR BOND FUND, INC.

T. ROWE PRICE GNMA FUND

T. ROWE PRICE HIGH YIELD FUND, INC.

T. ROWE PRICE INSTITUTIONAL INCOME FUNDS, INC.

T. ROWE PRICE INFLATION PROTECTED BOND FUND, INC.

T. ROWE PRICE INTERMEDIATE TAX-FREE HIGH YIELD FUND, INC.

T. ROWE PRICE LIMITED DURATION INFLATION FOCUSED BOND FUND, INC.

T. ROWE PRICE MULTI-SECTOR ACCOUNT PORTFOLIOS, INC.

T. ROWE PRICE NEW INCOME FUND, INC.

T. ROWE PRICE PRIME RESERVE FUND, INC.

T. ROWE PRICE RESERVE INVESTMENT FUNDS, INC.

T. ROWE PRICE SHORT-TERM BOND FUND, INC.

T. ROWE PRICE STATE TAX-FREE INCOME TRUST

T. ROWE PRICE SUMMIT FUNDS, INC.

T. ROWE PRICE SUMMIT MUNICIPAL FUNDS, INC.

T. ROWE PRICE TAX-EXEMPT MONEY FUND, INC.

T. ROWE PRICE TAX-FREE HIGH YIELD FUND, INC.

T. ROWE PRICE TAX-FREE INCOME FUND, INC.

T. ROWE PRICE TAX-FREE SHORT-INTERMEDIATE FUND, INC.

T. ROWE PRICE U.S. BOND ENHANCED INDEX FUND, INC.

T. ROWE PRICE U.S. TREASURY FUNDS, INC.

/s/Edward A. Wiese

   

Edward A. Wiese

 

April 21, 2016

(Signatures Continued)


Page 10

ATTEST:

/s/Darrell N. Braman

   

Darrell N. Braman, Secretary

  


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Rowe Price Spectrum Fund, Inc. 0000808303 false 2017-04-27 2017-05-01 0.008 82 255 444 990 <div style="display:none">~ http://www.troweprice.com/role/ScheduleShareholderFees000012 column period compact * ~</div> <div style="display:none">~ http://www.troweprice.com/role/ScheduleAnnualFundOperatingExpenses000013 column period compact * ~</div> <div style="display:none">~ http://www.troweprice.com/role/ScheduleExpenseExampleTransposed000014 column period compact * ~</div> <div style="display:none">~ http://www.troweprice.com/role/ScheduleAverageAnnualTotalReturnsTransposed000017 column period compact * ~</div> T. Rowe Price<br/><br/>Spectrum Growth Fund<br /><br /><b>SUMMARY</b> <b> Investment Objective</b> The fund seeks long-term capital appreciation <b>Fees and Expenses</b> This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may also incur brokerage commissions and other charges when buying or selling shares of the fund, which are not reflected in the table. <b>Fees and Expenses of the Fund<br/><br/>Shareholder fees (fees paid directly from your investment)</b> <b>Annual fund operating expenses<br/> (expenses that you pay each year as a<br/> percentage of the value of your investment)</b> This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods, that your investment has a 5% return each year, and that the fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: <b>Example </b> The fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when the fund&#8217;s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund&#8217;s performance. During the most recent fiscal year, the fund&#8217;s portfolio turnover rate was 10.5% of the average value of its portfolio. <b>Portfolio Turnover </b> <b>Investments, Risks, and Performance<br/><br/>Principal Investment Strategies </b> The fund broadly diversifies its assets among a set of T. Rowe Price mutual funds representing specific market segments. The fund, which normally invests in a variety of domestic and international equity funds and, from time to time, a money market fund, seeks to maintain broad exposure to several markets in an attempt to reduce the impact of markets that are declining and to benefit from good performance in particular market segments over time.<br/><br/>The fund can invest in funds holding U.S. and international stocks; stocks of companies involved in activities related to commodities and other real assets; small-cap, mid-cap, and large-cap stocks; and growth and value stocks.<br/><br/>Within the ranges shown in the following table, the portfolio manager decides how much of the fund's assets to allocate to underlying fund investments based on the outlook for, and on the relative valuations of, the underlying funds and the various markets in which they invest.<br/><table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style=""><td style="width:50.8%">&nbsp;</td><td style="width:27.93%">&nbsp;</td><td style="width:21.28%">&nbsp;</td></tr><tr><td colspan="3" style="border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid; vertical-align:top"><div style="font-weight:bold; text-align:left">Asset Allocation Ranges for Underlying Funds</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:top"><div style=" font-weight:bold; text-align:center">Spectrum Growth Fund</div></td><td colspan="2" style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:top"><div style="font-weight:bold; text-align:center">Investment Range</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Blue Chip Growth</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">5%-25</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Emerging Markets Stock</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-10</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Equity Income</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">5%-25</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Growth Stock</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">5%-25</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">International Discovery</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-10</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">International Stock</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-20</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">International Value Equity</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-20</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Mid-Cap Growth</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-15</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Mid-Cap Value</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-15</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">New Horizons</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-15</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Real Assets</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-10</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Small-Cap Value</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-15</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">U.S. Treasury Money</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-25</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid; border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Value</div></td><td style="border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">5%-25</div></td><td style="border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid; border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom">%</td></tr></table><br/>The fund may sell shares of the underlying funds for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities. As with any mutual fund, there is no guarantee that the fund will achieve its objective. The fund&#8217;s share price fluctuates, which means you could lose money by investing in the fund. The principal risks of investing in this fund are summarized as follows:<br /><br /><b>Asset allocation risks</b> The fund&#8217;s risks will directly correspond to the risks of the underlying funds in which it invests. By investing in many underlying funds, the fund has partial exposure to the risks of many different areas of the market. However, the selection of the underlying funds and the allocation of the fund&#8217;s assets among the various asset classes and market sectors could cause the fund to underperform in comparison to other funds with a similar investment objective.<br /><br /><b>General equity risks</b> Stocks generally fluctuate in value more than bonds and may decline significantly over short periods. As with any fund having equity exposure, the fund&#8217;s share price can fall because of overall weakness in the stock market. The value of a stock fund in which the fund invests may decline due to general market conditions or because of factors that affect a particular industry or market sector.<br /><br /><b>International investing risks</b> Investing in funds that hold the securities of non-U.S. issuers involves special risks not typically associated with investing in funds that hold the securities of U.S. issuers. International securities tend to be more volatile and less liquid than investments in U.S. securities and may lose value because of adverse local, political, social, or economic developments overseas, or due to changes in the exchange rates between foreign currencies and the U.S. dollar. In addition, international investments are subject to settlement practices and regulatory and financial reporting standards that differ from those of the U.S. These risks are heightened for the fund&#8217;s investments in emerging markets, which are more susceptible to governmental interference, less efficient trading markings, and the imposition of local taxes and restrictions on gaining access to sales proceeds for foreign investors.<br /><br /><b>Investment style risks</b> Because the fund invests in stock funds with both growth and value characteristics, its share price may be negatively affected if either investing approach falls out of favor. Growth stocks tend to be more volatile than the overall stock market and are more sensitive to changes in current or expected earnings. Value stocks carry the risk that investors will not recognize their intrinsic value for a long time or that they are actually appropriately priced at a low level.<br /><br /><b>Market capitalization risks</b> Because the fund may invest in funds that hold companies of any size, its share price could be more volatile than a fund that has exposure to only large companies. Small and medium-sized companies often have less experienced management, narrower product lines, more limited financial resources, and less publicly available information than larger companies. Larger companies may not be able to attain the high growth rates of successful smaller companies, especially during strong economic periods, and they may be less capable of responding quickly to competitive challenges and industry changes.<br /><br /><b>Risks of money market investing</b> The underlying money market fund may not be able to maintain a stable $1.00 share price at all times. If a money market fund fails to maintain a stable net asset value, or if there is a perceived threat that a money market fund is likely to fail to maintain a stable net asset value, the underlying fund could experience significant redemption activity. This could reduce the market prices of securities held by the underlying fund and make it more difficult for the fund to maintain a stable $1.00 share price. <b>Principal Risks </b> The following performance information provides some indication of the risks of investing in the fund. The fund's performance information represents only past performance (before and after taxes) and is not necessarily an indication of future results.<br /><br />The following bar chart illustrates how much returns can differ from year to year by showing calendar year returns and the best and worst calendar quarter returns during those years for the fund. <b>Average Annual Total Returns<br/><br/>Periods ended <br/>December 31, 2016</b> The following table shows the average annual total returns for the fund, and also compares the returns with the returns of a relevant broad-based market index, as well as with the returns of one or more comparative indexes that have investment characteristics similar to those of the fund.<br /><br />In addition, the table shows hypothetical after-tax returns to demonstrate how taxes paid by a shareholder may influence returns. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account. Updated performance information is available through <b>troweprice.com</b>. 20 0.008 0 0.1175 0.1007 0.093 0.1467 0.1199 0.1466 0.1339 0.0581 0.0468 0.0456 0.0707 0.0536 0.0695 0.0632 0.0606 0.0784 0.0595 0.1274 0.1041 0.1196 0.1227 1990-06-29 1990-06-29 1990-06-29 <b>Spectrum Growth Fund <br/>Calendar Year Returns</b> <table style="width: 350pt; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="244"><tr style="height: 15pt;"> <td style="background-color: transparent; width: 84pt; height: 15pt;" class="xl65" height="20" width="112">&#xA0;</td> <td style="background-color: transparent; width: 51pt;" class="xl66" width="68"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quarter&nbsp;Ended</b></td> <td style="background-color: transparent; width: 48pt;" class="xl66" width="64"><b>&#xA0;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total&nbsp;Return</b></td><td style="background-color: transparent; width: 84pt; height: 15pt;" class="xl65" height="20" width="112">&#xA0;</td> <td style="background-color: transparent; width: 51pt;" class="xl66" width="68"><b>&nbsp;&nbsp;&nbsp;Quarter&nbsp;Ended</b></td> <td style="background-color: transparent; width: 48pt;" class="xl66" width="64"><b>&#xA0;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total&nbsp;Return</b></td></tr><tr style="height: 15pt;"><td style="background-color: transparent; height: 15pt;" class="xl68" height="20"><b>Best&nbsp;Quarter</b></td> <td style="background-color: transparent;" class="xl69"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6/30/09</b></td> <td style="background-color: transparent;" class="xl70"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;21.62%</b></td><td style="background-color: transparent; height: 15pt;" class="xl68" height="20"><b>&nbsp;&nbsp;&nbsp;&nbsp;Worst&nbsp;Quarter</b></td> <td style="background-color: transparent;" class="xl69"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12/31/08</b></td> <td style="background-color: transparent;" class="xl70"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-24.66</b></td></tr> </table> 0.0865 -0.4152 0.4094 0.1688 -0.036 0.1813 0.2859 0.056 0.0075 0.0784 <b>Best Quarter</b> 2009-06-30 0.2162 <b>Worst Quarter</b> 2008-12-31 -0.2466 and growth of income with current income a secondary objective. 0.105 The fund's performance information represents only past performance (before and after taxes) and is not necessarily an indication of future results. <b>troweprice.com</b> The fund&#8217;s share price fluctuates, which means you could lose money by investing in the fund. The following performance information provides some indication of the risks of investing in the fund.<br /><br />The following bar chart illustrates how much returns can differ from year to year by showing calendar year returns and the best and worst calendar quarter returns during those years for the fund.<br/><br/>The following table shows the average annual total returns for the fund, and also compares the returns with the returns of a relevant broad-based market index, as well as with the returns of one or more comparative indexes that have investment characteristics similar to those of the fund. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account. <div style="display:none">~ http://www.troweprice.com/role/ScheduleAnnualTotalReturnsBarChart000016 column period compact * ~</div> <div style="display:none">~ http://www.troweprice.com/role/ScheduleShareholderFees000022 column period compact * ~</div> <div style="display:none">~ http://www.troweprice.com/role/ScheduleAnnualFundOperatingExpenses000023 column period compact * ~</div> <div style="display:none">~ http://www.troweprice.com/role/ScheduleExpenseExampleTransposed000024 column period compact * ~</div> <div style="display:none">~ http://www.troweprice.com/role/ScheduleAverageAnnualTotalReturnsTransposed000027 column period compact * ~</div> <div style="display:none">~ http://www.troweprice.com/role/ScheduleShareholderFees000032 column period compact * ~</div> <div style="display:none">~ http://www.troweprice.com/role/ScheduleAnnualFundOperatingExpenses000033 column period compact * ~</div> <div style="display:none">~ http://www.troweprice.com/role/ScheduleExpenseExampleTransposed000034 column period compact * ~</div> <div style="display:none">~ http://www.troweprice.com/role/ScheduleAverageAnnualTotalReturnsTransposed000037 column period compact * ~</div> <b>Performance </b> T. Rowe Price<br/><br/>Spectrum Income Fund<br /><br /><b>SUMMARY</b> <b> Investment Objective</b> The fund seeks a high level of current income with moderate share price fluctuation. <b>Fees and Expenses</b> This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may also incur brokerage commissions and other charges when buying or selling shares of the fund, which are not reflected in the table. <b>Fees and Expenses of the Fund<br/><br/>Shareholder fees (fees paid directly from your investment)</b> <b>Annual fund operating expenses<br/> (expenses that you pay each year as a<br/> percentage of the value of your investment)</b> <b>Example </b> <b>Portfolio Turnover </b> <b>Investments, Risks, and Performance<br/><br/>Principal Investment Strategies </b> <b>Average Annual Total Returns<br/><br/>Periods ended <br/>December 31, 2016</b> <b>Performance </b> <b>Principal Risks </b> <table style="width: 350pt; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="244"><tr style="height: 15pt;"> <td style="background-color: transparent; width: 84pt; height: 15pt;" class="xl65" height="20" width="112">&#xA0;</td> <td style="background-color: transparent; width: 51pt;" class="xl66" width="68"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quarter&nbsp;Ended</b></td> <td style="background-color: transparent; width: 48pt;" class="xl66" width="64"><b>&#xA0;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total&nbsp;Return</b></td><td style="background-color: transparent; width: 84pt; height: 15pt;" class="xl65" height="20" width="112">&#xA0;</td> <td style="background-color: transparent; width: 51pt;" class="xl66" width="68"><b>&nbsp;&nbsp;&nbsp;Quarter&nbsp;Ended</b></td> <td style="background-color: transparent; width: 48pt;" class="xl66" width="64"><b>&#xA0;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total&nbsp;Return</b></td></tr><tr style="height: 15pt;"><td style="background-color: transparent; height: 15pt;" class="xl68" height="20"><b>Best&nbsp;Quarter</b></td> <td style="background-color: transparent;" class="xl69"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6/30/09</b></td> <td style="background-color: transparent;" class="xl70"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;9.91%</b></td><td style="background-color: transparent; height: 15pt;" class="xl68" height="20"><b>&nbsp;&nbsp;&nbsp;&nbsp;Worst&nbsp;Quarter</b></td> <td style="background-color: transparent;" class="xl69"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12/31/08</b></td> <td style="background-color: transparent;" class="xl70"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-5.40</b></td></tr> </table> <b>Spectrum Income Fund <br/>Calendar Year Returns</b> This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods, that your investment has a 5% return each year, and that the fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: The fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when the fund&#8217;s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund&#8217;s performance. During the most recent fiscal year, the fund&#8217;s portfolio turnover rate was 17.7% of the average value of its portfolio. The fund broadly diversifies its assets among a set of T. Rowe Price mutual funds representing specific market segments. The fund, which normally invests in a variety of domestic and international bond funds, a money market fund, and an income-oriented stock fund, seeks to maintain broad exposure to several markets in an attempt to reduce the impact of markets that are declining and to benefit from good performance in particular market segments over time.<br /><br />The fund can invest in funds holding high-quality domestic and foreign bonds, high-yield bonds (&#8220;junk&#8221; bonds), short- and long-term securities, and dividend-paying stocks.<br /><br />Within the ranges shown in the following table, the portfolio manager decides how much of the fund&#8217;s assets to allocate to underlying fund investments based on the outlook for, and on the relative valuations of, the underlying funds and the various markets in which they invest.<br/><table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style=""><td style="width:50.8%">&nbsp;</td><td style="width:27.93%">&nbsp;</td><td style="width:21.28%">&nbsp;</td></tr><tr><td colspan="3" style="border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid; vertical-align:top"><div style="font-weight:bold; text-align:left">Asset Allocation Ranges for Underlying Funds</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:top"><div style=" font-weight:bold; text-align:center">Spectrum Income Fund</div></td><td colspan="2" style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:top"><div style="font-weight:bold; text-align:center">Investment Range</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Corporate Income</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-10</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Emerging Markets Bond</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-20</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Emerging Markets Local Currency Bond</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-10</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Equity Income</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">5%-25</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Floating Rate</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-10</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">GNMA</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">5%-20</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">High Yield</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">5%-25</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Inflation Protected Bond</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-10</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">International Bond</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-20</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Limited Duration Inflation Focused Bond</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-10</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">New Income</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">10%-30</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Short-Term Bond</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-15</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">U.S. Treasury Intermediate</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-10</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">U.S. Treasury Long-Term</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-15</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">U.S. Treasury Money</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-25</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid; border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Ultra Short-Term Bond</div></td><td style="border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-10</div></td><td style="border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid; border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom">%</td></tr></table><br/>The fund may sell shares of the underlying funds for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities. As with any mutual fund, there is no guarantee that the fund will achieve its objective. The fund&#8217;s share price fluctuates, which means you could lose money by investing in the fund. The principal risks of investing in this fund are summarized as follows:<br /><br /><b>Asset allocation risks</b> The fund&#8217;s risks will directly correspond to the risks of the underlying funds in which it invests. By investing in many underlying funds, the fund has partial exposure to the risks of many different areas of the market. However, the selection of the underlying funds and the allocation of the fund&#8217;s assets among the various asset classes and market sectors could cause the fund to underperform in comparison to other funds with a similar investment objective.<br /><br /><b>Interest rate risks</b> A rise in interest rates could cause the price of a bond fund in which the fund invests to fall. Generally, securities with longer maturities or durations, and funds with longer weighted average maturities or durations, carry greater interest rate risk.<br /><br /><b>Credit risks</b> An issuer of a debt security held by an underlying bond fund could be downgraded or default, thereby negatively affecting the fund&#8217;s price or yield. The fund is exposed to greater credit risk to the extent it invests in underlying funds that hold high yield bonds. Issuers of high yield bonds are usually not as strong financially and the securities they issue carry a higher risk of default and should be considered speculative.<br /><br /><b>Liquidity risks</b> The underlying fund may not be able to sell a holding in a timely manner at a desired price. Reduced liquidity in the bond markets can result from a number of events, such as limited trading activity, reductions in bond inventory, and rapid or unexpected changes in interest rates. Less liquid markets could lead to greater price volatility and limit the fund&#8217;s ability to sell a holding at a suitable price. Floating rate loans may not have an active trading market and often have contractual restrictions on resale, which can delay the sale and adversely impact the sale price.<br /><br /><b>International investing risks</b> Investing in funds that hold the securities of non-U.S. issuers involves special risks not typically associated with investing in funds that hold the securities of U.S. issuers. International securities tend to be more volatile and less liquid than investments in U.S. securities and may lose value because of adverse local, political, social, or economic developments overseas, or due to changes in the exchange rates between foreign currencies and the U.S. dollar. In addition, international investments are subject to settlement practices and regulatory and financial reporting standards that differ from those of the U.S.<br /><br /><b>Emerging markets risks</b> The risks of international investing are heightened for securities of issuers in emerging market countries. Emerging market countries tend to have economic structures that are less diverse and mature, and political systems that are less stable, than those of developed countries. In addition to all of the risks of investing in international developed markets, emerging markets are more susceptible to governmental interference, local taxes being imposed on international investments, restrictions on gaining access to sales proceeds, and less liquid and less efficient trading markets.<br /><br /><b>Dividend-paying stock risks</b> To the extent the fund invests in an underlying fund that focuses on stocks, it is exposed to greater volatility and the risk of stock market declines that could cause the fund to underperform bond funds with similar objectives. Stocks of established companies paying high dividends may not participate in a broad market advance to the same degree as most other stocks, and a sharp rise in interest rates could cause a company to reduce or eliminate its dividend.<br /><br /><b>Risks of money market investing</b> The underlying money market fund may not be able to maintain a stable $1.00 share price at all times. If a money market fund fails to maintain a stable net asset value, or if there is a perceived threat that a money market fund is likely to fail to maintain a stable net asset value, the underlying fund could experience significant redemption activity. This could reduce the market prices of securities held by the underlying fund and make it more difficult for the fund to maintain a stable $1.00 share price. The following performance information provides some indication of the risks of investing in the fund. The fund&#8217;s performance information represents only past performance (before and after taxes) and is not necessarily an indication of future results.<br /><br />The following bar chart illustrates how much returns can differ from year to year by showing calendar year returns and the best and worst calendar quarter returns during those years for the fund. The following table shows the average annual total returns for the fund, and also compares the returns with the returns of a relevant broad-based market index, as well as with the returns of one or more comparative indexes that have investment characteristics similar to those of the fund.<br /><br />In addition, the table shows hypothetical after-tax returns to demonstrate how taxes paid by a shareholder may influence returns. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account. Updated performance information is available through <b>troweprice.com</b>. 20 0 0.0069 0.0069 70 221 384 859 0.0619 -0.0943 0.2029 0.0968 0.0416 0.1016 0.0302 0.0388 -0.0202 0.0818 <b>Best Quarter</b> 2009-06-30 0.0991 <b>Worst Quarter</b> 2008-12-31 -0.054 0.177 The fund&#8217;s share price fluctuates, which means you could lose money by investing in the fund. The fund&#8217;s performance information represents only past performance (before and after taxes) and is not necessarily an indication of future results. The following performance information provides some indication of the risks of investing in the fund.<br /><br />The following bar chart illustrates how much returns can differ from year to year by showing calendar year returns and the best and worst calendar quarter returns during those years for the fund.<br/><br/>The following table shows the average annual total returns for the fund, and also compares the returns with the returns of a relevant broad-based market index, as well as with the returns of one or more comparative indexes that have investment characteristics similar to those of the fund. <b>troweprice.com</b> After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account. 0.0818 0.0663 0.048 0.0265 0.0726 0.0456 0.0294 0.0293 0.0223 0.0433 0.0514 0.0344 0.0339 0.0434 0.0472 1990-06-29 1990-06-29 1990-06-29 <div style="display:none">~ http://www.troweprice.com/role/ScheduleAnnualTotalReturnsBarChart000026 column period compact * ~</div> T. Rowe Price<br/><br/>Spectrum International Fund<br /><br /><b>SUMMARY</b> <b> Investment Objective</b> The fund seeks long-term capital appreciation. <b>Fees and Expenses</b> This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may also incur brokerage commissions and other charges when buying or selling shares of the fund, which are not reflected in the table. This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods, that your investment has a 5% return each year, and that the fund&#8217;s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be: The fund pays transaction costs, such as commissions, when it buys and sells securities (or &#8220;turns over&#8221; its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when the fund&#8217;s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund&#8217;s performance. During the most recent fiscal year, the fund&#8217;s portfolio turnover rate was 10.8% of the average value of its portfolio. The fund broadly diversifies its assets among a set of T. Rowe Price mutual funds representing specific market segments. The fund, which normally invests in a variety of developed and emerging market equity funds, and, from time to time, a money market fund, seeks to maintain broad exposure to several markets in an attempt to reduce the impact of markets that are declining and to benefit from good performance in particular market segments over time.<br /><br />The fund can invest in stock funds that have holdings in many different foreign countries, developed as well as emerging markets, and in both large and small companies.<br /><br />Within the ranges shown in the following table, the portfolio manager decides how much of the fund&#8217;s assets to allocate to underlying fund investments based on the outlook for, and on the relative valuations of, the underlying funds and the various markets in which they invest.<br/><table cellpadding="0" cellspacing="0" width="100%" style="clear:both"><tr style=""><td style="width:50.8%">&nbsp;</td><td style="width:27.93%">&nbsp;</td><td style="width:21.28%">&nbsp;</td></tr><tr><td colspan="3" style="border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid; vertical-align:top"><div style="font-weight:bold; text-align:left">Asset Allocation Ranges for Underlying Funds</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:top"><div style=" font-weight:bold; text-align:center">Spectrum International Fund</div></td><td colspan="2" style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:top"><div style="font-weight:bold; text-align:center">Investment Range</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Africa &amp; Middle East</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-15</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Emerging Europe</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-15</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Emerging Markets Stock</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-20</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">European Stock</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-30</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">International Discovery</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-20</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">International Stock</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-55</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">International Value Equity</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-35</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Japan</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-30</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Latin America</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-15</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">New Asia</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-20</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">Overseas Stock</div></td><td style="vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-35</div></td><td style="border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">%</div></td></tr><tr><td style="border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid; border-left:0.5pt; border-left-color:#000000; border-left-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:left">U.S. Treasury Money</div></td><td style="border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid; vertical-align:bottom"><div style="font-style:normal; font-weight:normal; text-align:right">0%-25</div></td><td style="border-bottom:0.5pt; border-bottom-color:#000000; border-bottom-style:solid; border-right:0.5pt; border-right-color:#000000; border-right-style:solid; vertical-align:bottom">%</td></tr></table><br/>The fund may sell shares of the underlying funds for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities. As with any mutual fund, there is no guarantee that the fund will achieve its objective. The fund&#8217;s share price fluctuates, which means you could lose money by investing in the fund. The principal risks of investing in this fund are summarized as follows:<br /><br /><b>Asset allocation risks</b> The fund&#8217;s risks will directly correspond to the risks of the underlying funds in which it invests. By investing in many underlying funds, the fund has partial exposure to the risks of many different areas of the market. However, the selection of the underlying funds and the allocation of the fund&#8217;s assets among the various asset classes and market sectors could cause the fund to underperform in comparison to other funds with a similar investment objective.<br /><br /><b>General equity risks</b> Stocks generally fluctuate in value more than bonds and may decline significantly over short periods. As with any fund having equity exposure, the fund&#8217;s share price can fall because of overall weakness in the stock market. The value of a stock fund in which the fund invests may decline due to general market conditions or because of factors that affect a particular industry or market sector.<br /><br /><b>Market capitalization risks</b> Because the fund may invest in funds that hold companies of any size, its share price could be more volatile than a fund that has exposure to only large companies. Small and medium-sized companies often have less experienced management, narrower product lines, more limited financial resources, and less publicly available information than larger companies. Larger companies may not be able to attain the high growth rates of successful smaller companies, especially during strong economic periods, and they may be less capable of responding quickly to competitive challenges and industry changes.<br /><br /><b>International investing risks</b> Investing in funds that hold the securities of non-U.S. issuers involves special risks not typically associated with investing in funds that hold the securities of U.S. issuers. International securities tend to be more volatile and less liquid than investments in U.S. securities and may lose value because of adverse local, political, social, or economic developments overseas, or due to changes in the exchange rates between foreign currencies and the U.S. dollar. In addition, international investments are subject to settlement practices and regulatory and financial reporting standards that differ from those of the U.S.<br /><br /><b>Emerging markets risks</b> The risks of international investing are heightened for securities of issuers in emerging market countries. Emerging market countries tend to have economic structures that are less diverse and mature, and political systems that are less stable, than those of developed countries. In addition to all of the risks of investing in international developed markets, emerging markets are more susceptible to governmental interference, local taxes being imposed on international investments, restrictions on gaining access to sales proceeds, and less liquid and less efficient trading markets.<br /><br /><b>Risks of money market investing</b> The underlying money market fund may not be able to maintain a stable $1.00 share price at all times. If a money market fund fails to maintain a stable net asset value, or if there is a perceived threat that a money market fund is likely to fail to maintain a stable net asset value, the underlying fund could experience significant redemption activity. This could reduce the market prices of securities held by the underlying fund and make it more difficult for the fund to maintain a stable $1.00 share price. The following performance information provides some indication of the risks of investing in the fund. The fund&#8217;s performance information represents only past performance (before and after taxes) and is not necessarily an indication of future results.<br /><br />The following bar chart illustrates how much returns can differ from year to year by showing calendar year returns and the best and worst calendar quarter returns during those years for the fund. The following table shows the average annual total returns for the fund, and also compares the returns with the returns of a relevant broad-based market index, as well as with the returns of one or more comparative indexes that have investment characteristics similar to those of the fund.<br /><br />In addition, the table shows hypothetical after-tax returns to demonstrate how taxes paid by a shareholder may influence returns. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account. Updated performance information is available through <b>troweprice.com</b>. <b>Fees and Expenses of the Fund<br/><br/>Shareholder fees (fees paid directly from your investment)</b> <b>Annual fund operating expenses<br/> (expenses that you pay each year as a<br/> percentage of the value of your investment)</b> <b>Example </b> <b>Portfolio Turnover </b> <b>Investments, Risks, and Performance<br/><br/>Principal Investment Strategies </b> <b>Principal Risks </b> <b>Performance </b> <b>Average Annual Total Returns<br/><br/>Periods ended <br/>December 31, 2016</b> <b>Spectrum International Fund <br/>Calendar Year Returns</b> <table style="width: 350pt; border-collapse: collapse;" border="0" cellspacing="0" cellpadding="0" width="244"><tr style="height: 15pt;"> <td style="background-color: transparent; width: 84pt; height: 15pt;" class="xl65" height="20" width="112">&#xA0;</td> <td style="background-color: transparent; width: 51pt;" class="xl66" width="68"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Quarter&nbsp;Ended</b></td> <td style="background-color: transparent; width: 48pt;" class="xl66" width="64"><b>&#xA0;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total&nbsp;Return</b></td><td style="background-color: transparent; width: 84pt; height: 15pt;" class="xl65" height="20" width="112">&#xA0;</td> <td style="background-color: transparent; width: 51pt;" class="xl66" width="68"><b>&nbsp;&nbsp;&nbsp;Quarter&nbsp;Ended</b></td> <td style="background-color: transparent; width: 48pt;" class="xl66" width="64"><b>&#xA0;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Total&nbsp;Return</b></td></tr><tr style="height: 15pt;"><td style="background-color: transparent; height: 15pt;" class="xl68" height="20"><b>Best&nbsp;Quarter</b></td> <td style="background-color: transparent;" class="xl69"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;6/30/09</b></td> <td style="background-color: transparent;" class="xl70"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;31.13%</b></td><td style="background-color: transparent; height: 15pt;" class="xl68" height="20"><b>&nbsp;&nbsp;&nbsp;&nbsp;Worst&nbsp;Quarter</b></td> <td style="background-color: transparent;" class="xl69"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;12/31/08</b></td> <td style="background-color: transparent;" class="xl70"><b>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;-22.45</b></td></tr> </table> -0.02 20 0 0.0094 0.0094 96 300 520 1155 0.0623 0.0592 0.0499 0.0548 0.0548 0.0588 0.0202 0.0141 0.016 0.0142 0.0199 0.008 0.0039 0.0004 0.007 0.0501 0.0501 -0.0123 1996-12-31 1996-12-31 1996-12-31 0.1573 -0.4639 0.4499 0.1352 -0.1161 0.1929 0.1817 -0.0307 -0.0139 0.0039 <b>Best Quarter</b> 2009-06-30 0.3113 <b>Worst Quarter</b> 2008-12-31 -0.2245 0.108 The fund&#8217;s share price fluctuates, which means you could lose money by investing in the fund. The fund&#8217;s performance information represents only past performance (before and after taxes) and is not necessarily an indication of future results. The following performance information provides some indication of the risks of investing in the fund.<br /><br />The following bar chart illustrates how much returns can differ from year to year by showing calendar year returns and the best and worst calendar quarter returns during those years for the fund.<br/><br/>The following table shows the average annual total returns for the fund, and also compares the returns with the returns of a relevant broad-based market index, as well as with the returns of one or more comparative indexes that have investment characteristics similar to those of the fund. <b>troweprice.com</b> After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor&#8217;s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account. <div style="display:none">~ http://www.troweprice.com/role/ScheduleAnnualTotalReturnsBarChart000036 column period compact * ~</div> While the fund itself charges no management fee, it will indirectly bear its pro-rata share of the expenses of the underlying T. Rowe Price funds in which it invests (acquired funds). The acquired funds are expected to bear the operating expenses of the fund. Subject to certain exceptions, accounts with a balance of less than $10,000 are charged an annual $20 fee. Combined Index Portfolio performance benchmark reflects the performance of the 90% MSCI EAFE Index/10% J.P. Morgan Non-U.S. Dollar Government Bond Index to 2/28/09 and the MSCI All Country World Index ex USA from 3/1/09 forward. Combined Index Portfolio is an unmanaged blended benchmark that was composed of the S&P 500 Index (ranging from 80%-87.5%) and the MSCI EAFE Index (ranging from 12.5%-20%) through 8/31/08. From 9/1/08 through 4/30/11, the blended benchmark was composed of 80% the Russell 3000 Index and 20% the MSCI All Country World ex USA Index. From 5/1/11 through 7/31/12, the blended benchmark was composed of the Russell 3000 Index (ranging from 70%-80%) and the MSCI All Country World ex USA Index (ranging from 20%-30%). From 8/1/12 through 3/10/15, the blended benchmark was composed of 70% the Russell 3000 Index and 30% the MSCI All Country World ex USA Index. Since 3/11/15, the blended benchmark has been composed of 70% the Russell 3000 Index and 30% the MSCI All Country World ex USA Investable Market Index (IMI). The indices and percentages may vary over time. 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Spectrum Growth Fund
T. Rowe Price

Spectrum Growth Fund

SUMMARY
Investment Objective
The fund seeks long-term capital appreciation
and growth of income with current income a secondary objective.
Fees and Expenses
This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may also incur brokerage commissions and other charges when buying or selling shares of the fund, which are not reflected in the table.
Fees and Expenses of the Fund

Shareholder fees (fees paid directly from your investment)
Shareholder Fees
Spectrum Growth Fund
Spectrum Growth Fund
USD ($)
Maximum account fee $ 20 [1],[2]
[1] Subject to certain exceptions, accounts with a balance of less than $10,000 are charged an annual $20 fee.
[2] While the fund itself charges no management fee, it will indirectly bear its pro-rata share of the expenses of the underlying T. Rowe Price funds in which it invests (acquired funds). The acquired funds are expected to bear the operating expenses of the fund.
Annual fund operating expenses
(expenses that you pay each year as a
percentage of the value of your investment)
Annual Fund Operating Expenses
Spectrum Growth Fund
Spectrum Growth Fund
[1]
Management fees none
Distribution and service (12b-1) fees
Other expenses
Acquired fund fees and expenses 0.80%
Total annual fund operating expenses 0.80%
[1] While the fund itself charges no management fee, it will indirectly bear its pro-rata share of the expenses of the underlying T. Rowe Price funds in which it invests (acquired funds). The acquired funds are expected to bear the operating expenses of the fund.
Example
This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods, that your investment has a 5% return each year, and that the fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example
1 year
3 years
5 years
10 years
Spectrum Growth Fund | Spectrum Growth Fund | USD ($) 82 255 444 990
Portfolio Turnover
The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s performance. During the most recent fiscal year, the fund’s portfolio turnover rate was 10.5% of the average value of its portfolio.
Investments, Risks, and Performance

Principal Investment Strategies
The fund broadly diversifies its assets among a set of T. Rowe Price mutual funds representing specific market segments. The fund, which normally invests in a variety of domestic and international equity funds and, from time to time, a money market fund, seeks to maintain broad exposure to several markets in an attempt to reduce the impact of markets that are declining and to benefit from good performance in particular market segments over time.

The fund can invest in funds holding U.S. and international stocks; stocks of companies involved in activities related to commodities and other real assets; small-cap, mid-cap, and large-cap stocks; and growth and value stocks.

Within the ranges shown in the following table, the portfolio manager decides how much of the fund's assets to allocate to underlying fund investments based on the outlook for, and on the relative valuations of, the underlying funds and the various markets in which they invest.
   
Asset Allocation Ranges for Underlying Funds
Spectrum Growth Fund
Investment Range
Blue Chip Growth
5%-25
%
Emerging Markets Stock
0%-10
%
Equity Income
5%-25
%
Growth Stock
5%-25
%
International Discovery
0%-10
%
International Stock
0%-20
%
International Value Equity
0%-20
%
Mid-Cap Growth
0%-15
%
Mid-Cap Value
0%-15
%
New Horizons
0%-15
%
Real Assets
0%-10
%
Small-Cap Value
0%-15
%
U.S. Treasury Money
0%-25
%
Value
5%-25
%

The fund may sell shares of the underlying funds for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities.
Principal Risks
As with any mutual fund, there is no guarantee that the fund will achieve its objective. The fund’s share price fluctuates, which means you could lose money by investing in the fund. The principal risks of investing in this fund are summarized as follows:

Asset allocation risks The fund’s risks will directly correspond to the risks of the underlying funds in which it invests. By investing in many underlying funds, the fund has partial exposure to the risks of many different areas of the market. However, the selection of the underlying funds and the allocation of the fund’s assets among the various asset classes and market sectors could cause the fund to underperform in comparison to other funds with a similar investment objective.

General equity risks Stocks generally fluctuate in value more than bonds and may decline significantly over short periods. As with any fund having equity exposure, the fund’s share price can fall because of overall weakness in the stock market. The value of a stock fund in which the fund invests may decline due to general market conditions or because of factors that affect a particular industry or market sector.

International investing risks Investing in funds that hold the securities of non-U.S. issuers involves special risks not typically associated with investing in funds that hold the securities of U.S. issuers. International securities tend to be more volatile and less liquid than investments in U.S. securities and may lose value because of adverse local, political, social, or economic developments overseas, or due to changes in the exchange rates between foreign currencies and the U.S. dollar. In addition, international investments are subject to settlement practices and regulatory and financial reporting standards that differ from those of the U.S. These risks are heightened for the fund’s investments in emerging markets, which are more susceptible to governmental interference, less efficient trading markings, and the imposition of local taxes and restrictions on gaining access to sales proceeds for foreign investors.

Investment style risks Because the fund invests in stock funds with both growth and value characteristics, its share price may be negatively affected if either investing approach falls out of favor. Growth stocks tend to be more volatile than the overall stock market and are more sensitive to changes in current or expected earnings. Value stocks carry the risk that investors will not recognize their intrinsic value for a long time or that they are actually appropriately priced at a low level.

Market capitalization risks Because the fund may invest in funds that hold companies of any size, its share price could be more volatile than a fund that has exposure to only large companies. Small and medium-sized companies often have less experienced management, narrower product lines, more limited financial resources, and less publicly available information than larger companies. Larger companies may not be able to attain the high growth rates of successful smaller companies, especially during strong economic periods, and they may be less capable of responding quickly to competitive challenges and industry changes.

Risks of money market investing The underlying money market fund may not be able to maintain a stable $1.00 share price at all times. If a money market fund fails to maintain a stable net asset value, or if there is a perceived threat that a money market fund is likely to fail to maintain a stable net asset value, the underlying fund could experience significant redemption activity. This could reduce the market prices of securities held by the underlying fund and make it more difficult for the fund to maintain a stable $1.00 share price.
Performance
The following performance information provides some indication of the risks of investing in the fund. The fund's performance information represents only past performance (before and after taxes) and is not necessarily an indication of future results.

The following bar chart illustrates how much returns can differ from year to year by showing calendar year returns and the best and worst calendar quarter returns during those years for the fund.
Spectrum Growth Fund
Calendar Year Returns
Bar Chart
           Quarter Ended        Total Return     Quarter Ended        Total Return
Best Quarter             6/30/09           21.62%    Worst Quarter       12/31/08         -24.66
The following table shows the average annual total returns for the fund, and also compares the returns with the returns of a relevant broad-based market index, as well as with the returns of one or more comparative indexes that have investment characteristics similar to those of the fund.

In addition, the table shows hypothetical after-tax returns to demonstrate how taxes paid by a shareholder may influence returns. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account.
Average Annual Total Returns

Periods ended
December 31, 2016
Average Annual Total Returns - Spectrum Growth Fund
1 Year
5 Years
10 Years
Inception date
Spectrum Growth Fund 7.84% 11.75% 5.81% Jun. 29, 1990
Spectrum Growth Fund | Returns after taxes on distributions 6.06% 10.07% 4.68% Jun. 29, 1990
Spectrum Growth Fund | Returns after taxes on distributions and sale of fund shares 5.95% 9.30% 4.56% Jun. 29, 1990
Russell 3000 Index (reflects no deduction for fees, expenses, or taxes) 12.74% 14.67% 7.07%  
Combined Index Portfolio (reflects no deduction for fees, expenses, or taxes) [1] 10.41% 11.99% 5.36%  
S&P 500 Index (reflects no deduction for fees, expenses, or taxes) 11.96% 14.66% 6.95%  
Lipper Multi-Cap Core Funds Index 12.27% 13.39% 6.32%  
[1] Combined Index Portfolio is an unmanaged blended benchmark that was composed of the S&P 500 Index (ranging from 80%-87.5%) and the MSCI EAFE Index (ranging from 12.5%-20%) through 8/31/08. From 9/1/08 through 4/30/11, the blended benchmark was composed of 80% the Russell 3000 Index and 20% the MSCI All Country World ex USA Index. From 5/1/11 through 7/31/12, the blended benchmark was composed of the Russell 3000 Index (ranging from 70%-80%) and the MSCI All Country World ex USA Index (ranging from 20%-30%). From 8/1/12 through 3/10/15, the blended benchmark was composed of 70% the Russell 3000 Index and 30% the MSCI All Country World ex USA Index. Since 3/11/15, the blended benchmark has been composed of 70% the Russell 3000 Index and 30% the MSCI All Country World ex USA Investable Market Index (IMI). The indices and percentages may vary over time.
Updated performance information is available through troweprice.com.
XML 11 R8.htm IDEA: XBRL DOCUMENT v3.7.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName T. Rowe Price Spectrum Fund, Inc.
Prospectus Date rr_ProspectusDate May 01, 2017
Spectrum Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading T. Rowe Price

Spectrum Growth Fund

SUMMARY
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The fund seeks long-term capital appreciation
Objective, Secondary [Text Block] rr_ObjectiveSecondaryTextBlock and growth of income with current income a secondary objective.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may also incur brokerage commissions and other charges when buying or selling shares of the fund, which are not reflected in the table.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Fees and Expenses of the Fund

Shareholder fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual fund operating expenses
(expenses that you pay each year as a
percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s performance. During the most recent fiscal year, the fund’s portfolio turnover rate was 10.5% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 10.50%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods, that your investment has a 5% return each year, and that the fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Strategy [Heading] rr_StrategyHeading Investments, Risks, and Performance

Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The fund broadly diversifies its assets among a set of T. Rowe Price mutual funds representing specific market segments. The fund, which normally invests in a variety of domestic and international equity funds and, from time to time, a money market fund, seeks to maintain broad exposure to several markets in an attempt to reduce the impact of markets that are declining and to benefit from good performance in particular market segments over time.

The fund can invest in funds holding U.S. and international stocks; stocks of companies involved in activities related to commodities and other real assets; small-cap, mid-cap, and large-cap stocks; and growth and value stocks.

Within the ranges shown in the following table, the portfolio manager decides how much of the fund's assets to allocate to underlying fund investments based on the outlook for, and on the relative valuations of, the underlying funds and the various markets in which they invest.
   
Asset Allocation Ranges for Underlying Funds
Spectrum Growth Fund
Investment Range
Blue Chip Growth
5%-25
%
Emerging Markets Stock
0%-10
%
Equity Income
5%-25
%
Growth Stock
5%-25
%
International Discovery
0%-10
%
International Stock
0%-20
%
International Value Equity
0%-20
%
Mid-Cap Growth
0%-15
%
Mid-Cap Value
0%-15
%
New Horizons
0%-15
%
Real Assets
0%-10
%
Small-Cap Value
0%-15
%
U.S. Treasury Money
0%-25
%
Value
5%-25
%

The fund may sell shares of the underlying funds for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities.
Risk [Heading] rr_RiskHeading Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any mutual fund, there is no guarantee that the fund will achieve its objective. The fund’s share price fluctuates, which means you could lose money by investing in the fund. The principal risks of investing in this fund are summarized as follows:

Asset allocation risks The fund’s risks will directly correspond to the risks of the underlying funds in which it invests. By investing in many underlying funds, the fund has partial exposure to the risks of many different areas of the market. However, the selection of the underlying funds and the allocation of the fund’s assets among the various asset classes and market sectors could cause the fund to underperform in comparison to other funds with a similar investment objective.

General equity risks Stocks generally fluctuate in value more than bonds and may decline significantly over short periods. As with any fund having equity exposure, the fund’s share price can fall because of overall weakness in the stock market. The value of a stock fund in which the fund invests may decline due to general market conditions or because of factors that affect a particular industry or market sector.

International investing risks Investing in funds that hold the securities of non-U.S. issuers involves special risks not typically associated with investing in funds that hold the securities of U.S. issuers. International securities tend to be more volatile and less liquid than investments in U.S. securities and may lose value because of adverse local, political, social, or economic developments overseas, or due to changes in the exchange rates between foreign currencies and the U.S. dollar. In addition, international investments are subject to settlement practices and regulatory and financial reporting standards that differ from those of the U.S. These risks are heightened for the fund’s investments in emerging markets, which are more susceptible to governmental interference, less efficient trading markings, and the imposition of local taxes and restrictions on gaining access to sales proceeds for foreign investors.

Investment style risks Because the fund invests in stock funds with both growth and value characteristics, its share price may be negatively affected if either investing approach falls out of favor. Growth stocks tend to be more volatile than the overall stock market and are more sensitive to changes in current or expected earnings. Value stocks carry the risk that investors will not recognize their intrinsic value for a long time or that they are actually appropriately priced at a low level.

Market capitalization risks Because the fund may invest in funds that hold companies of any size, its share price could be more volatile than a fund that has exposure to only large companies. Small and medium-sized companies often have less experienced management, narrower product lines, more limited financial resources, and less publicly available information than larger companies. Larger companies may not be able to attain the high growth rates of successful smaller companies, especially during strong economic periods, and they may be less capable of responding quickly to competitive challenges and industry changes.

Risks of money market investing The underlying money market fund may not be able to maintain a stable $1.00 share price at all times. If a money market fund fails to maintain a stable net asset value, or if there is a perceived threat that a money market fund is likely to fail to maintain a stable net asset value, the underlying fund could experience significant redemption activity. This could reduce the market prices of securities held by the underlying fund and make it more difficult for the fund to maintain a stable $1.00 share price.
Risk Lose Money [Text] rr_RiskLoseMoney The fund’s share price fluctuates, which means you could lose money by investing in the fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following performance information provides some indication of the risks of investing in the fund. The fund's performance information represents only past performance (before and after taxes) and is not necessarily an indication of future results.

The following bar chart illustrates how much returns can differ from year to year by showing calendar year returns and the best and worst calendar quarter returns during those years for the fund.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following performance information provides some indication of the risks of investing in the fund.

The following bar chart illustrates how much returns can differ from year to year by showing calendar year returns and the best and worst calendar quarter returns during those years for the fund.

The following table shows the average annual total returns for the fund, and also compares the returns with the returns of a relevant broad-based market index, as well as with the returns of one or more comparative indexes that have investment characteristics similar to those of the fund.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress troweprice.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The fund's performance information represents only past performance (before and after taxes) and is not necessarily an indication of future results.
Bar Chart [Heading] rr_BarChartHeading Spectrum Growth Fund
Calendar Year Returns
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
           Quarter Ended        Total Return     Quarter Ended        Total Return
Best Quarter             6/30/09           21.62%    Worst Quarter       12/31/08         -24.66
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns

Periods ended
December 31, 2016
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The following table shows the average annual total returns for the fund, and also compares the returns with the returns of a relevant broad-based market index, as well as with the returns of one or more comparative indexes that have investment characteristics similar to those of the fund.

In addition, the table shows hypothetical after-tax returns to demonstrate how taxes paid by a shareholder may influence returns. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock Updated performance information is available through troweprice.com.
Spectrum Growth Fund | Spectrum Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
Maximum account fee rr_MaximumAccountFee $ 20 [1],[2]
Management fees rr_ManagementFeesOverAssets none [2]
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets [2]
Other expenses rr_OtherExpensesOverAssets [2]
Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.80% [2]
Total annual fund operating expenses rr_ExpensesOverAssets 0.80% [2]
1 year rr_ExpenseExampleYear01 $ 82
3 years rr_ExpenseExampleYear03 255
5 years rr_ExpenseExampleYear05 444
10 years rr_ExpenseExampleYear10 $ 990
2007 rr_AnnualReturn2007 8.65%
2008 rr_AnnualReturn2008 (41.52%)
2009 rr_AnnualReturn2009 40.94%
2010 rr_AnnualReturn2010 16.88%
2011 rr_AnnualReturn2011 (3.60%)
2012 rr_AnnualReturn2012 18.13%
2013 rr_AnnualReturn2013 28.59%
2014 rr_AnnualReturn2014 5.60%
2015 rr_AnnualReturn2015 0.75%
2016 rr_AnnualReturn2016 7.84%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 21.62%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (24.66%)
1 Year rr_AverageAnnualReturnYear01 7.84%
5 Years rr_AverageAnnualReturnYear05 11.75%
10 Years rr_AverageAnnualReturnYear10 5.81%
Inception date rr_AverageAnnualReturnInceptionDate Jun. 29, 1990
Spectrum Growth Fund | Returns after taxes on distributions | Spectrum Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 6.06%
5 Years rr_AverageAnnualReturnYear05 10.07%
10 Years rr_AverageAnnualReturnYear10 4.68%
Inception date rr_AverageAnnualReturnInceptionDate Jun. 29, 1990
Spectrum Growth Fund | Returns after taxes on distributions and sale of fund shares | Spectrum Growth Fund  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 5.95%
5 Years rr_AverageAnnualReturnYear05 9.30%
10 Years rr_AverageAnnualReturnYear10 4.56%
Inception date rr_AverageAnnualReturnInceptionDate Jun. 29, 1990
Spectrum Growth Fund | Russell 3000 Index (reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 12.74%
5 Years rr_AverageAnnualReturnYear05 14.67%
10 Years rr_AverageAnnualReturnYear10 7.07%
Spectrum Growth Fund | Combined Index Portfolio (reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 10.41% [3]
5 Years rr_AverageAnnualReturnYear05 11.99% [3]
10 Years rr_AverageAnnualReturnYear10 5.36% [3]
Spectrum Growth Fund | S&P 500 Index (reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 11.96%
5 Years rr_AverageAnnualReturnYear05 14.66%
10 Years rr_AverageAnnualReturnYear10 6.95%
Spectrum Growth Fund | Lipper Multi-Cap Core Funds Index  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 12.27%
5 Years rr_AverageAnnualReturnYear05 13.39%
10 Years rr_AverageAnnualReturnYear10 6.32%
[1] Subject to certain exceptions, accounts with a balance of less than $10,000 are charged an annual $20 fee.
[2] While the fund itself charges no management fee, it will indirectly bear its pro-rata share of the expenses of the underlying T. Rowe Price funds in which it invests (acquired funds). The acquired funds are expected to bear the operating expenses of the fund.
[3] Combined Index Portfolio is an unmanaged blended benchmark that was composed of the S&P 500 Index (ranging from 80%-87.5%) and the MSCI EAFE Index (ranging from 12.5%-20%) through 8/31/08. From 9/1/08 through 4/30/11, the blended benchmark was composed of 80% the Russell 3000 Index and 20% the MSCI All Country World ex USA Index. From 5/1/11 through 7/31/12, the blended benchmark was composed of the Russell 3000 Index (ranging from 70%-80%) and the MSCI All Country World ex USA Index (ranging from 20%-30%). From 8/1/12 through 3/10/15, the blended benchmark was composed of 70% the Russell 3000 Index and 30% the MSCI All Country World ex USA Index. Since 3/11/15, the blended benchmark has been composed of 70% the Russell 3000 Index and 30% the MSCI All Country World ex USA Investable Market Index (IMI). The indices and percentages may vary over time.
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Spectrum Income Fund
T. Rowe Price

Spectrum Income Fund

SUMMARY
Investment Objective
The fund seeks a high level of current income with moderate share price fluctuation.
Fees and Expenses
This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may also incur brokerage commissions and other charges when buying or selling shares of the fund, which are not reflected in the table.
Fees and Expenses of the Fund

Shareholder fees (fees paid directly from your investment)
Shareholder Fees
Spectrum Income Fund
Spectrum Income Fund
USD ($)
Maximum account fee $ 20 [1],[2]
[1] Subject to certain exceptions, accounts with a balance of less than $10,000 are charged an annual $20 fee.
[2] While the fund itself charges no management fee, it will indirectly bear its pro-rata share of the expenses of the underlying T. Rowe Price funds in which it invests (acquired funds). The acquired funds are expected to bear the operating expenses of the fund.
Annual fund operating expenses
(expenses that you pay each year as a
percentage of the value of your investment)
Annual Fund Operating Expenses
Spectrum Income Fund
Spectrum Income Fund
[1]
Management fees none
Distribution and service (12b-1) fees
Other expenses
Acquired fund fees and expenses 0.69%
Total annual fund operating expenses 0.69%
[1] While the fund itself charges no management fee, it will indirectly bear its pro-rata share of the expenses of the underlying T. Rowe Price funds in which it invests (acquired funds). The acquired funds are expected to bear the operating expenses of the fund.
Example
This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods, that your investment has a 5% return each year, and that the fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example
1 year
3 years
5 years
10 years
Spectrum Income Fund | Spectrum Income Fund | USD ($) 70 221 384 859
Portfolio Turnover
The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s performance. During the most recent fiscal year, the fund’s portfolio turnover rate was 17.7% of the average value of its portfolio.
Investments, Risks, and Performance

Principal Investment Strategies
The fund broadly diversifies its assets among a set of T. Rowe Price mutual funds representing specific market segments. The fund, which normally invests in a variety of domestic and international bond funds, a money market fund, and an income-oriented stock fund, seeks to maintain broad exposure to several markets in an attempt to reduce the impact of markets that are declining and to benefit from good performance in particular market segments over time.

The fund can invest in funds holding high-quality domestic and foreign bonds, high-yield bonds (“junk” bonds), short- and long-term securities, and dividend-paying stocks.

Within the ranges shown in the following table, the portfolio manager decides how much of the fund’s assets to allocate to underlying fund investments based on the outlook for, and on the relative valuations of, the underlying funds and the various markets in which they invest.
   
Asset Allocation Ranges for Underlying Funds
Spectrum Income Fund
Investment Range
Corporate Income
0%-10
%
Emerging Markets Bond
0%-20
%
Emerging Markets Local Currency Bond
0%-10
%
Equity Income
5%-25
%
Floating Rate
0%-10
%
GNMA
5%-20
%
High Yield
5%-25
%
Inflation Protected Bond
0%-10
%
International Bond
0%-20
%
Limited Duration Inflation Focused Bond
0%-10
%
New Income
10%-30
%
Short-Term Bond
0%-15
%
U.S. Treasury Intermediate
0%-10
%
U.S. Treasury Long-Term
0%-15
%
U.S. Treasury Money
0%-25
%
Ultra Short-Term Bond
0%-10
%

The fund may sell shares of the underlying funds for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities.
Principal Risks
As with any mutual fund, there is no guarantee that the fund will achieve its objective. The fund’s share price fluctuates, which means you could lose money by investing in the fund. The principal risks of investing in this fund are summarized as follows:

Asset allocation risks The fund’s risks will directly correspond to the risks of the underlying funds in which it invests. By investing in many underlying funds, the fund has partial exposure to the risks of many different areas of the market. However, the selection of the underlying funds and the allocation of the fund’s assets among the various asset classes and market sectors could cause the fund to underperform in comparison to other funds with a similar investment objective.

Interest rate risks A rise in interest rates could cause the price of a bond fund in which the fund invests to fall. Generally, securities with longer maturities or durations, and funds with longer weighted average maturities or durations, carry greater interest rate risk.

Credit risks An issuer of a debt security held by an underlying bond fund could be downgraded or default, thereby negatively affecting the fund’s price or yield. The fund is exposed to greater credit risk to the extent it invests in underlying funds that hold high yield bonds. Issuers of high yield bonds are usually not as strong financially and the securities they issue carry a higher risk of default and should be considered speculative.

Liquidity risks The underlying fund may not be able to sell a holding in a timely manner at a desired price. Reduced liquidity in the bond markets can result from a number of events, such as limited trading activity, reductions in bond inventory, and rapid or unexpected changes in interest rates. Less liquid markets could lead to greater price volatility and limit the fund’s ability to sell a holding at a suitable price. Floating rate loans may not have an active trading market and often have contractual restrictions on resale, which can delay the sale and adversely impact the sale price.

International investing risks Investing in funds that hold the securities of non-U.S. issuers involves special risks not typically associated with investing in funds that hold the securities of U.S. issuers. International securities tend to be more volatile and less liquid than investments in U.S. securities and may lose value because of adverse local, political, social, or economic developments overseas, or due to changes in the exchange rates between foreign currencies and the U.S. dollar. In addition, international investments are subject to settlement practices and regulatory and financial reporting standards that differ from those of the U.S.

Emerging markets risks The risks of international investing are heightened for securities of issuers in emerging market countries. Emerging market countries tend to have economic structures that are less diverse and mature, and political systems that are less stable, than those of developed countries. In addition to all of the risks of investing in international developed markets, emerging markets are more susceptible to governmental interference, local taxes being imposed on international investments, restrictions on gaining access to sales proceeds, and less liquid and less efficient trading markets.

Dividend-paying stock risks To the extent the fund invests in an underlying fund that focuses on stocks, it is exposed to greater volatility and the risk of stock market declines that could cause the fund to underperform bond funds with similar objectives. Stocks of established companies paying high dividends may not participate in a broad market advance to the same degree as most other stocks, and a sharp rise in interest rates could cause a company to reduce or eliminate its dividend.

Risks of money market investing The underlying money market fund may not be able to maintain a stable $1.00 share price at all times. If a money market fund fails to maintain a stable net asset value, or if there is a perceived threat that a money market fund is likely to fail to maintain a stable net asset value, the underlying fund could experience significant redemption activity. This could reduce the market prices of securities held by the underlying fund and make it more difficult for the fund to maintain a stable $1.00 share price.
Performance
The following performance information provides some indication of the risks of investing in the fund. The fund’s performance information represents only past performance (before and after taxes) and is not necessarily an indication of future results.

The following bar chart illustrates how much returns can differ from year to year by showing calendar year returns and the best and worst calendar quarter returns during those years for the fund.
Spectrum Income Fund
Calendar Year Returns
Bar Chart
           Quarter Ended        Total Return     Quarter Ended        Total Return
Best Quarter             6/30/09           9.91%    Worst Quarter       12/31/08         -5.40
The following table shows the average annual total returns for the fund, and also compares the returns with the returns of a relevant broad-based market index, as well as with the returns of one or more comparative indexes that have investment characteristics similar to those of the fund.

In addition, the table shows hypothetical after-tax returns to demonstrate how taxes paid by a shareholder may influence returns. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account.
Average Annual Total Returns

Periods ended
December 31, 2016
Average Annual Total Returns - Spectrum Income Fund
1 Year
5 Years
10 Years
Inception date
Spectrum Income Fund 8.18% 4.56% 5.14% Jun. 29, 1990
Spectrum Income Fund | Returns after taxes on distributions 6.63% 2.94% 3.44% Jun. 29, 1990
Spectrum Income Fund | Returns after taxes on distributions and sale of fund shares 4.80% 2.93% 3.39% Jun. 29, 1990
Bloomberg Barclays U.S. Aggregate Bond Index (reflects no deduction for fees, expenses, or taxes) 2.65% 2.23% 4.34%  
Lipper Multi-Sector Income Funds Average 7.26% 4.33% 4.72%  
Updated performance information is available through troweprice.com.
XML 14 R15.htm IDEA: XBRL DOCUMENT v3.7.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName T. Rowe Price Spectrum Fund, Inc.
Prospectus Date rr_ProspectusDate May 01, 2017
Spectrum Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading T. Rowe Price

Spectrum Income Fund

SUMMARY
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The fund seeks a high level of current income with moderate share price fluctuation.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may also incur brokerage commissions and other charges when buying or selling shares of the fund, which are not reflected in the table.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Fees and Expenses of the Fund

Shareholder fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual fund operating expenses
(expenses that you pay each year as a
percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s performance. During the most recent fiscal year, the fund’s portfolio turnover rate was 17.7% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 17.70%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods, that your investment has a 5% return each year, and that the fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Strategy [Heading] rr_StrategyHeading Investments, Risks, and Performance

Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The fund broadly diversifies its assets among a set of T. Rowe Price mutual funds representing specific market segments. The fund, which normally invests in a variety of domestic and international bond funds, a money market fund, and an income-oriented stock fund, seeks to maintain broad exposure to several markets in an attempt to reduce the impact of markets that are declining and to benefit from good performance in particular market segments over time.

The fund can invest in funds holding high-quality domestic and foreign bonds, high-yield bonds (“junk” bonds), short- and long-term securities, and dividend-paying stocks.

Within the ranges shown in the following table, the portfolio manager decides how much of the fund’s assets to allocate to underlying fund investments based on the outlook for, and on the relative valuations of, the underlying funds and the various markets in which they invest.
   
Asset Allocation Ranges for Underlying Funds
Spectrum Income Fund
Investment Range
Corporate Income
0%-10
%
Emerging Markets Bond
0%-20
%
Emerging Markets Local Currency Bond
0%-10
%
Equity Income
5%-25
%
Floating Rate
0%-10
%
GNMA
5%-20
%
High Yield
5%-25
%
Inflation Protected Bond
0%-10
%
International Bond
0%-20
%
Limited Duration Inflation Focused Bond
0%-10
%
New Income
10%-30
%
Short-Term Bond
0%-15
%
U.S. Treasury Intermediate
0%-10
%
U.S. Treasury Long-Term
0%-15
%
U.S. Treasury Money
0%-25
%
Ultra Short-Term Bond
0%-10
%

The fund may sell shares of the underlying funds for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities.
Risk [Heading] rr_RiskHeading Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any mutual fund, there is no guarantee that the fund will achieve its objective. The fund’s share price fluctuates, which means you could lose money by investing in the fund. The principal risks of investing in this fund are summarized as follows:

Asset allocation risks The fund’s risks will directly correspond to the risks of the underlying funds in which it invests. By investing in many underlying funds, the fund has partial exposure to the risks of many different areas of the market. However, the selection of the underlying funds and the allocation of the fund’s assets among the various asset classes and market sectors could cause the fund to underperform in comparison to other funds with a similar investment objective.

Interest rate risks A rise in interest rates could cause the price of a bond fund in which the fund invests to fall. Generally, securities with longer maturities or durations, and funds with longer weighted average maturities or durations, carry greater interest rate risk.

Credit risks An issuer of a debt security held by an underlying bond fund could be downgraded or default, thereby negatively affecting the fund’s price or yield. The fund is exposed to greater credit risk to the extent it invests in underlying funds that hold high yield bonds. Issuers of high yield bonds are usually not as strong financially and the securities they issue carry a higher risk of default and should be considered speculative.

Liquidity risks The underlying fund may not be able to sell a holding in a timely manner at a desired price. Reduced liquidity in the bond markets can result from a number of events, such as limited trading activity, reductions in bond inventory, and rapid or unexpected changes in interest rates. Less liquid markets could lead to greater price volatility and limit the fund’s ability to sell a holding at a suitable price. Floating rate loans may not have an active trading market and often have contractual restrictions on resale, which can delay the sale and adversely impact the sale price.

International investing risks Investing in funds that hold the securities of non-U.S. issuers involves special risks not typically associated with investing in funds that hold the securities of U.S. issuers. International securities tend to be more volatile and less liquid than investments in U.S. securities and may lose value because of adverse local, political, social, or economic developments overseas, or due to changes in the exchange rates between foreign currencies and the U.S. dollar. In addition, international investments are subject to settlement practices and regulatory and financial reporting standards that differ from those of the U.S.

Emerging markets risks The risks of international investing are heightened for securities of issuers in emerging market countries. Emerging market countries tend to have economic structures that are less diverse and mature, and political systems that are less stable, than those of developed countries. In addition to all of the risks of investing in international developed markets, emerging markets are more susceptible to governmental interference, local taxes being imposed on international investments, restrictions on gaining access to sales proceeds, and less liquid and less efficient trading markets.

Dividend-paying stock risks To the extent the fund invests in an underlying fund that focuses on stocks, it is exposed to greater volatility and the risk of stock market declines that could cause the fund to underperform bond funds with similar objectives. Stocks of established companies paying high dividends may not participate in a broad market advance to the same degree as most other stocks, and a sharp rise in interest rates could cause a company to reduce or eliminate its dividend.

Risks of money market investing The underlying money market fund may not be able to maintain a stable $1.00 share price at all times. If a money market fund fails to maintain a stable net asset value, or if there is a perceived threat that a money market fund is likely to fail to maintain a stable net asset value, the underlying fund could experience significant redemption activity. This could reduce the market prices of securities held by the underlying fund and make it more difficult for the fund to maintain a stable $1.00 share price.
Risk Lose Money [Text] rr_RiskLoseMoney The fund’s share price fluctuates, which means you could lose money by investing in the fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following performance information provides some indication of the risks of investing in the fund. The fund’s performance information represents only past performance (before and after taxes) and is not necessarily an indication of future results.

The following bar chart illustrates how much returns can differ from year to year by showing calendar year returns and the best and worst calendar quarter returns during those years for the fund.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following performance information provides some indication of the risks of investing in the fund.

The following bar chart illustrates how much returns can differ from year to year by showing calendar year returns and the best and worst calendar quarter returns during those years for the fund.

The following table shows the average annual total returns for the fund, and also compares the returns with the returns of a relevant broad-based market index, as well as with the returns of one or more comparative indexes that have investment characteristics similar to those of the fund.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress troweprice.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The fund’s performance information represents only past performance (before and after taxes) and is not necessarily an indication of future results.
Bar Chart [Heading] rr_BarChartHeading Spectrum Income Fund
Calendar Year Returns
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
           Quarter Ended        Total Return     Quarter Ended        Total Return
Best Quarter             6/30/09           9.91%    Worst Quarter       12/31/08         -5.40
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns

Periods ended
December 31, 2016
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The following table shows the average annual total returns for the fund, and also compares the returns with the returns of a relevant broad-based market index, as well as with the returns of one or more comparative indexes that have investment characteristics similar to those of the fund.

In addition, the table shows hypothetical after-tax returns to demonstrate how taxes paid by a shareholder may influence returns. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock Updated performance information is available through troweprice.com.
Spectrum Income Fund | Spectrum Income Fund  
Risk/Return: rr_RiskReturnAbstract  
Maximum account fee rr_MaximumAccountFee $ 20 [1],[2]
Management fees rr_ManagementFeesOverAssets none [2]
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets [2]
Other expenses rr_OtherExpensesOverAssets [2]
Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.69% [2]
Total annual fund operating expenses rr_ExpensesOverAssets 0.69% [2]
1 year rr_ExpenseExampleYear01 $ 70
3 years rr_ExpenseExampleYear03 221
5 years rr_ExpenseExampleYear05 384
10 years rr_ExpenseExampleYear10 $ 859
2007 rr_AnnualReturn2007 6.19%
2008 rr_AnnualReturn2008 (9.43%)
2009 rr_AnnualReturn2009 20.29%
2010 rr_AnnualReturn2010 9.68%
2011 rr_AnnualReturn2011 4.16%
2012 rr_AnnualReturn2012 10.16%
2013 rr_AnnualReturn2013 3.02%
2014 rr_AnnualReturn2014 3.88%
2015 rr_AnnualReturn2015 (2.02%)
2016 rr_AnnualReturn2016 8.18%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 9.91%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (5.40%)
1 Year rr_AverageAnnualReturnYear01 8.18%
5 Years rr_AverageAnnualReturnYear05 4.56%
10 Years rr_AverageAnnualReturnYear10 5.14%
Inception date rr_AverageAnnualReturnInceptionDate Jun. 29, 1990
Spectrum Income Fund | Returns after taxes on distributions | Spectrum Income Fund  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 6.63%
5 Years rr_AverageAnnualReturnYear05 2.94%
10 Years rr_AverageAnnualReturnYear10 3.44%
Inception date rr_AverageAnnualReturnInceptionDate Jun. 29, 1990
Spectrum Income Fund | Returns after taxes on distributions and sale of fund shares | Spectrum Income Fund  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 4.80%
5 Years rr_AverageAnnualReturnYear05 2.93%
10 Years rr_AverageAnnualReturnYear10 3.39%
Inception date rr_AverageAnnualReturnInceptionDate Jun. 29, 1990
Spectrum Income Fund | Bloomberg Barclays U.S. Aggregate Bond Index (reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.65%
5 Years rr_AverageAnnualReturnYear05 2.23%
10 Years rr_AverageAnnualReturnYear10 4.34%
Spectrum Income Fund | Lipper Multi-Sector Income Funds Average  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 7.26%
5 Years rr_AverageAnnualReturnYear05 4.33%
10 Years rr_AverageAnnualReturnYear10 4.72%
[1] Subject to certain exceptions, accounts with a balance of less than $10,000 are charged an annual $20 fee.
[2] While the fund itself charges no management fee, it will indirectly bear its pro-rata share of the expenses of the underlying T. Rowe Price funds in which it invests (acquired funds). The acquired funds are expected to bear the operating expenses of the fund.
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Spectrum International Fund
T. Rowe Price

Spectrum International Fund

SUMMARY
Investment Objective
The fund seeks long-term capital appreciation.
Fees and Expenses
This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may also incur brokerage commissions and other charges when buying or selling shares of the fund, which are not reflected in the table.
Fees and Expenses of the Fund

Shareholder fees (fees paid directly from your investment)
Shareholder Fees
Spectrum International Fund
Spectrum International Fund
USD ($)
[1]
Redemption fee (as a percentage of amount redeemed on shares held for 90 days or less) 2.00%
Maximum account fee $ 20 [2]
[1] While the fund itself charges no management fee, it will indirectly bear its pro-rata share of the expenses of the underlying T. Rowe Price funds in which it invests (acquired funds). The acquired funds are expected to bear the operating expenses of the fund.
[2] Subject to certain exceptions, accounts with a balance of less than $10,000 are charged an annual $20 fee.
Annual fund operating expenses
(expenses that you pay each year as a
percentage of the value of your investment)
Annual Fund Operating Expenses
Spectrum International Fund
Spectrum International Fund
[1]
Management fees none
Distribution and service (12b-1) fees
Other expenses
Acquired fund fees and expenses 0.94%
Total annual fund operating expenses 0.94%
[1] While the fund itself charges no management fee, it will indirectly bear its pro-rata share of the expenses of the underlying T. Rowe Price funds in which it invests (acquired funds). The acquired funds are expected to bear the operating expenses of the fund.
Example
This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods, that your investment has a 5% return each year, and that the fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example
1 year
3 years
5 years
10 years
Spectrum International Fund | Spectrum International Fund | USD ($) 96 300 520 1,155
Portfolio Turnover
The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s performance. During the most recent fiscal year, the fund’s portfolio turnover rate was 10.8% of the average value of its portfolio.
Investments, Risks, and Performance

Principal Investment Strategies
The fund broadly diversifies its assets among a set of T. Rowe Price mutual funds representing specific market segments. The fund, which normally invests in a variety of developed and emerging market equity funds, and, from time to time, a money market fund, seeks to maintain broad exposure to several markets in an attempt to reduce the impact of markets that are declining and to benefit from good performance in particular market segments over time.

The fund can invest in stock funds that have holdings in many different foreign countries, developed as well as emerging markets, and in both large and small companies.

Within the ranges shown in the following table, the portfolio manager decides how much of the fund’s assets to allocate to underlying fund investments based on the outlook for, and on the relative valuations of, the underlying funds and the various markets in which they invest.
   
Asset Allocation Ranges for Underlying Funds
Spectrum International Fund
Investment Range
Africa & Middle East
0%-15
%
Emerging Europe
0%-15
%
Emerging Markets Stock
0%-20
%
European Stock
0%-30
%
International Discovery
0%-20
%
International Stock
0%-55
%
International Value Equity
0%-35
%
Japan
0%-30
%
Latin America
0%-15
%
New Asia
0%-20
%
Overseas Stock
0%-35
%
U.S. Treasury Money
0%-25
%

The fund may sell shares of the underlying funds for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities.
Principal Risks
As with any mutual fund, there is no guarantee that the fund will achieve its objective. The fund’s share price fluctuates, which means you could lose money by investing in the fund. The principal risks of investing in this fund are summarized as follows:

Asset allocation risks The fund’s risks will directly correspond to the risks of the underlying funds in which it invests. By investing in many underlying funds, the fund has partial exposure to the risks of many different areas of the market. However, the selection of the underlying funds and the allocation of the fund’s assets among the various asset classes and market sectors could cause the fund to underperform in comparison to other funds with a similar investment objective.

General equity risks Stocks generally fluctuate in value more than bonds and may decline significantly over short periods. As with any fund having equity exposure, the fund’s share price can fall because of overall weakness in the stock market. The value of a stock fund in which the fund invests may decline due to general market conditions or because of factors that affect a particular industry or market sector.

Market capitalization risks Because the fund may invest in funds that hold companies of any size, its share price could be more volatile than a fund that has exposure to only large companies. Small and medium-sized companies often have less experienced management, narrower product lines, more limited financial resources, and less publicly available information than larger companies. Larger companies may not be able to attain the high growth rates of successful smaller companies, especially during strong economic periods, and they may be less capable of responding quickly to competitive challenges and industry changes.

International investing risks Investing in funds that hold the securities of non-U.S. issuers involves special risks not typically associated with investing in funds that hold the securities of U.S. issuers. International securities tend to be more volatile and less liquid than investments in U.S. securities and may lose value because of adverse local, political, social, or economic developments overseas, or due to changes in the exchange rates between foreign currencies and the U.S. dollar. In addition, international investments are subject to settlement practices and regulatory and financial reporting standards that differ from those of the U.S.

Emerging markets risks The risks of international investing are heightened for securities of issuers in emerging market countries. Emerging market countries tend to have economic structures that are less diverse and mature, and political systems that are less stable, than those of developed countries. In addition to all of the risks of investing in international developed markets, emerging markets are more susceptible to governmental interference, local taxes being imposed on international investments, restrictions on gaining access to sales proceeds, and less liquid and less efficient trading markets.

Risks of money market investing The underlying money market fund may not be able to maintain a stable $1.00 share price at all times. If a money market fund fails to maintain a stable net asset value, or if there is a perceived threat that a money market fund is likely to fail to maintain a stable net asset value, the underlying fund could experience significant redemption activity. This could reduce the market prices of securities held by the underlying fund and make it more difficult for the fund to maintain a stable $1.00 share price.
Performance
The following performance information provides some indication of the risks of investing in the fund. The fund’s performance information represents only past performance (before and after taxes) and is not necessarily an indication of future results.

The following bar chart illustrates how much returns can differ from year to year by showing calendar year returns and the best and worst calendar quarter returns during those years for the fund.
Spectrum International Fund
Calendar Year Returns
Bar Chart
           Quarter Ended        Total Return     Quarter Ended        Total Return
Best Quarter             6/30/09           31.13%    Worst Quarter       12/31/08         -22.45
The following table shows the average annual total returns for the fund, and also compares the returns with the returns of a relevant broad-based market index, as well as with the returns of one or more comparative indexes that have investment characteristics similar to those of the fund.

In addition, the table shows hypothetical after-tax returns to demonstrate how taxes paid by a shareholder may influence returns. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account.
Average Annual Total Returns

Periods ended
December 31, 2016
Average Annual Total Returns - Spectrum International Fund
1 Year
5 Years
10 Years
Inception date
Spectrum International Fund 0.39% 6.23% 2.02% Dec. 31, 1996
Spectrum International Fund | Returns after taxes on distributions 0.04% 5.92% 1.41% Dec. 31, 1996
Spectrum International Fund | Returns after taxes on distributions and sale of fund shares 0.70% 4.99% 1.60% Dec. 31, 1996
MSCI All Country World Index ex USA (reflects no deduction for fees, expenses, or taxes) 5.01% 5.48% 1.42%  
Combined Index Portfolio (reflects no deduction for fees, expenses, or taxes) [1] 5.01% 5.48% 1.99%  
Lipper International Multi-Cap Growth Funds Average (1.23%) 5.88% 0.80%  
[1] Combined Index Portfolio performance benchmark reflects the performance of the 90% MSCI EAFE Index/10% J.P. Morgan Non-U.S. Dollar Government Bond Index to 2/28/09 and the MSCI All Country World Index ex USA from 3/1/09 forward.
Updated performance information is available through troweprice.com.

XML 17 R22.htm IDEA: XBRL DOCUMENT v3.7.0.1
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName T. Rowe Price Spectrum Fund, Inc.
Prospectus Date rr_ProspectusDate May 01, 2017
Spectrum International Fund  
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading T. Rowe Price

Spectrum International Fund

SUMMARY
Objective [Heading] rr_ObjectiveHeading Investment Objective
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock The fund seeks long-term capital appreciation.
Expense [Heading] rr_ExpenseHeading Fees and Expenses
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock This table describes the fees and expenses that you may pay if you buy and hold shares of the fund. You may also incur brokerage commissions and other charges when buying or selling shares of the fund, which are not reflected in the table.
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption Fees and Expenses of the Fund

Shareholder fees (fees paid directly from your investment)
Operating Expenses Caption [Text] rr_OperatingExpensesCaption Annual fund operating expenses
(expenses that you pay each year as a
percentage of the value of your investment)
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading Portfolio Turnover
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when the fund’s shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s performance. During the most recent fiscal year, the fund’s portfolio turnover rate was 10.8% of the average value of its portfolio.
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 10.80%
Expense Example [Heading] rr_ExpenseExampleHeading Example
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods, that your investment has a 5% return each year, and that the fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Strategy [Heading] rr_StrategyHeading Investments, Risks, and Performance

Principal Investment Strategies
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock The fund broadly diversifies its assets among a set of T. Rowe Price mutual funds representing specific market segments. The fund, which normally invests in a variety of developed and emerging market equity funds, and, from time to time, a money market fund, seeks to maintain broad exposure to several markets in an attempt to reduce the impact of markets that are declining and to benefit from good performance in particular market segments over time.

The fund can invest in stock funds that have holdings in many different foreign countries, developed as well as emerging markets, and in both large and small companies.

Within the ranges shown in the following table, the portfolio manager decides how much of the fund’s assets to allocate to underlying fund investments based on the outlook for, and on the relative valuations of, the underlying funds and the various markets in which they invest.
   
Asset Allocation Ranges for Underlying Funds
Spectrum International Fund
Investment Range
Africa & Middle East
0%-15
%
Emerging Europe
0%-15
%
Emerging Markets Stock
0%-20
%
European Stock
0%-30
%
International Discovery
0%-20
%
International Stock
0%-55
%
International Value Equity
0%-35
%
Japan
0%-30
%
Latin America
0%-15
%
New Asia
0%-20
%
Overseas Stock
0%-35
%
U.S. Treasury Money
0%-25
%

The fund may sell shares of the underlying funds for a variety of reasons, such as to secure gains, limit losses, or redeploy assets into more promising opportunities.
Risk [Heading] rr_RiskHeading Principal Risks
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock As with any mutual fund, there is no guarantee that the fund will achieve its objective. The fund’s share price fluctuates, which means you could lose money by investing in the fund. The principal risks of investing in this fund are summarized as follows:

Asset allocation risks The fund’s risks will directly correspond to the risks of the underlying funds in which it invests. By investing in many underlying funds, the fund has partial exposure to the risks of many different areas of the market. However, the selection of the underlying funds and the allocation of the fund’s assets among the various asset classes and market sectors could cause the fund to underperform in comparison to other funds with a similar investment objective.

General equity risks Stocks generally fluctuate in value more than bonds and may decline significantly over short periods. As with any fund having equity exposure, the fund’s share price can fall because of overall weakness in the stock market. The value of a stock fund in which the fund invests may decline due to general market conditions or because of factors that affect a particular industry or market sector.

Market capitalization risks Because the fund may invest in funds that hold companies of any size, its share price could be more volatile than a fund that has exposure to only large companies. Small and medium-sized companies often have less experienced management, narrower product lines, more limited financial resources, and less publicly available information than larger companies. Larger companies may not be able to attain the high growth rates of successful smaller companies, especially during strong economic periods, and they may be less capable of responding quickly to competitive challenges and industry changes.

International investing risks Investing in funds that hold the securities of non-U.S. issuers involves special risks not typically associated with investing in funds that hold the securities of U.S. issuers. International securities tend to be more volatile and less liquid than investments in U.S. securities and may lose value because of adverse local, political, social, or economic developments overseas, or due to changes in the exchange rates between foreign currencies and the U.S. dollar. In addition, international investments are subject to settlement practices and regulatory and financial reporting standards that differ from those of the U.S.

Emerging markets risks The risks of international investing are heightened for securities of issuers in emerging market countries. Emerging market countries tend to have economic structures that are less diverse and mature, and political systems that are less stable, than those of developed countries. In addition to all of the risks of investing in international developed markets, emerging markets are more susceptible to governmental interference, local taxes being imposed on international investments, restrictions on gaining access to sales proceeds, and less liquid and less efficient trading markets.

Risks of money market investing The underlying money market fund may not be able to maintain a stable $1.00 share price at all times. If a money market fund fails to maintain a stable net asset value, or if there is a perceived threat that a money market fund is likely to fail to maintain a stable net asset value, the underlying fund could experience significant redemption activity. This could reduce the market prices of securities held by the underlying fund and make it more difficult for the fund to maintain a stable $1.00 share price.
Risk Lose Money [Text] rr_RiskLoseMoney The fund’s share price fluctuates, which means you could lose money by investing in the fund.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading Performance
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock The following performance information provides some indication of the risks of investing in the fund. The fund’s performance information represents only past performance (before and after taxes) and is not necessarily an indication of future results.

The following bar chart illustrates how much returns can differ from year to year by showing calendar year returns and the best and worst calendar quarter returns during those years for the fund.
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The following performance information provides some indication of the risks of investing in the fund.

The following bar chart illustrates how much returns can differ from year to year by showing calendar year returns and the best and worst calendar quarter returns during those years for the fund.

The following table shows the average annual total returns for the fund, and also compares the returns with the returns of a relevant broad-based market index, as well as with the returns of one or more comparative indexes that have investment characteristics similar to those of the fund.
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress troweprice.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The fund’s performance information represents only past performance (before and after taxes) and is not necessarily an indication of future results.
Bar Chart [Heading] rr_BarChartHeading Spectrum International Fund
Calendar Year Returns
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
           Quarter Ended        Total Return     Quarter Ended        Total Return
Best Quarter             6/30/09           31.13%    Worst Quarter       12/31/08         -22.45
Performance Table Heading rr_PerformanceTableHeading Average Annual Total Returns

Periods ended
December 31, 2016
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes.
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock The following table shows the average annual total returns for the fund, and also compares the returns with the returns of a relevant broad-based market index, as well as with the returns of one or more comparative indexes that have investment characteristics similar to those of the fund.

In addition, the table shows hypothetical after-tax returns to demonstrate how taxes paid by a shareholder may influence returns. After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their fund shares through tax-deferred arrangements, such as a 401(k) account or individual retirement account.
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock Updated performance information is available through troweprice.com.
Spectrum International Fund | Spectrum International Fund  
Risk/Return: rr_RiskReturnAbstract  
Redemption fee (as a percentage of amount redeemed on shares held for 90 days or less) rr_RedemptionFeeOverRedemption 2.00% [1]
Maximum account fee rr_MaximumAccountFee $ 20 [1],[2]
Management fees rr_ManagementFeesOverAssets none [1]
Distribution and service (12b-1) fees rr_DistributionAndService12b1FeesOverAssets [1]
Other expenses rr_OtherExpensesOverAssets [1]
Acquired fund fees and expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.94% [1]
Total annual fund operating expenses rr_ExpensesOverAssets 0.94% [1]
1 year rr_ExpenseExampleYear01 $ 96
3 years rr_ExpenseExampleYear03 300
5 years rr_ExpenseExampleYear05 520
10 years rr_ExpenseExampleYear10 $ 1,155
2007 rr_AnnualReturn2007 15.73%
2008 rr_AnnualReturn2008 (46.39%)
2009 rr_AnnualReturn2009 44.99%
2010 rr_AnnualReturn2010 13.52%
2011 rr_AnnualReturn2011 (11.61%)
2012 rr_AnnualReturn2012 19.29%
2013 rr_AnnualReturn2013 18.17%
2014 rr_AnnualReturn2014 (3.07%)
2015 rr_AnnualReturn2015 (1.39%)
2016 rr_AnnualReturn2016 0.39%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 31.13%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (22.45%)
1 Year rr_AverageAnnualReturnYear01 0.39%
5 Years rr_AverageAnnualReturnYear05 6.23%
10 Years rr_AverageAnnualReturnYear10 2.02%
Inception date rr_AverageAnnualReturnInceptionDate Dec. 31, 1996
Spectrum International Fund | Returns after taxes on distributions | Spectrum International Fund  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.04%
5 Years rr_AverageAnnualReturnYear05 5.92%
10 Years rr_AverageAnnualReturnYear10 1.41%
Inception date rr_AverageAnnualReturnInceptionDate Dec. 31, 1996
Spectrum International Fund | Returns after taxes on distributions and sale of fund shares | Spectrum International Fund  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 0.70%
5 Years rr_AverageAnnualReturnYear05 4.99%
10 Years rr_AverageAnnualReturnYear10 1.60%
Inception date rr_AverageAnnualReturnInceptionDate Dec. 31, 1996
Spectrum International Fund | MSCI All Country World Index ex USA (reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 5.01%
5 Years rr_AverageAnnualReturnYear05 5.48%
10 Years rr_AverageAnnualReturnYear10 1.42%
Spectrum International Fund | Combined Index Portfolio (reflects no deduction for fees, expenses, or taxes)  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 5.01% [3]
5 Years rr_AverageAnnualReturnYear05 5.48% [3]
10 Years rr_AverageAnnualReturnYear10 1.99% [3]
Spectrum International Fund | Lipper International Multi-Cap Growth Funds Average  
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (1.23%)
5 Years rr_AverageAnnualReturnYear05 5.88%
10 Years rr_AverageAnnualReturnYear10 0.80%
[1] While the fund itself charges no management fee, it will indirectly bear its pro-rata share of the expenses of the underlying T. Rowe Price funds in which it invests (acquired funds). The acquired funds are expected to bear the operating expenses of the fund.
[2] Subject to certain exceptions, accounts with a balance of less than $10,000 are charged an annual $20 fee.
[3] Combined Index Portfolio performance benchmark reflects the performance of the 90% MSCI EAFE Index/10% J.P. Morgan Non-U.S. Dollar Government Bond Index to 2/28/09 and the MSCI All Country World Index ex USA from 3/1/09 forward.
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Registrant Name dei_EntityRegistrantName T. Rowe Price Spectrum Fund, Inc.
Prospectus Date rr_ProspectusDate May 01, 2017
Document Creation Date dei_DocumentCreationDate Apr. 27, 2017
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