0000793347-12-000040.txt : 20121031 0000793347-12-000040.hdr.sgml : 20121031 20121031155258 ACCESSION NUMBER: 0000793347-12-000040 CONFORMED SUBMISSION TYPE: 40-17G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20121031 DATE AS OF CHANGE: 20121031 EFFECTIVENESS DATE: 20121031 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price New Horizons Fund, Inc. CENTRAL INDEX KEY: 0000080248 IRS NUMBER: 520791372 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-00958 FILM NUMBER: 121170822 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 NEW HORIZONS FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price New Income Fund, Inc. CENTRAL INDEX KEY: 0000080249 IRS NUMBER: 520980581 STATE OF INCORPORATION: MD FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-02396 FILM NUMBER: 121170821 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 NEW INCOME FUND INC DATE OF NAME CHANGE: 19940727 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Growth Stock Fund, Inc. CENTRAL INDEX KEY: 0000080257 IRS NUMBER: 520655816 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-00579 FILM NUMBER: 121170840 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 GROWTH STOCK FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price New Era Fund, Inc. CENTRAL INDEX KEY: 0000216907 IRS NUMBER: 520888855 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-01710 FILM NUMBER: 121170823 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 NEW ERA FUND INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PRICE ROWE INFLATION FUND INC DATE OF NAME CHANGE: 19690617 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price International Funds, Inc. CENTRAL INDEX KEY: 0000313212 IRS NUMBER: 521175211 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-02958 FILM NUMBER: 121170831 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 INTERNATIONAL FUNDS INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE INTERNATIONAL TRUST DATE OF NAME CHANGE: 19900301 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE INTERNATIONAL FUND INC DATE OF NAME CHANGE: 19890914 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Prime Reserve Fund, Inc. CENTRAL INDEX KEY: 0000316968 IRS NUMBER: 521040467 STATE OF INCORPORATION: MD FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-02603 FILM NUMBER: 121170819 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 PRIME RESERVE FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Growth & Income Fund, Inc. CENTRAL INDEX KEY: 0000706211 IRS NUMBER: 521268241 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-03566 FILM NUMBER: 121170841 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 GROWTH & INCOME FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price High Yield Fund, Inc. CENTRAL INDEX KEY: 0000754915 IRS NUMBER: 521371712 STATE OF INCORPORATION: MD FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-04119 FILM NUMBER: 121170838 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 HIGH YIELD FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price New America Growth Fund CENTRAL INDEX KEY: 0000773485 IRS NUMBER: 521416752 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-04358 FILM NUMBER: 121170824 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 NEW AMERICA GROWTH FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE COMMON STOCK FUND DATE OF NAME CHANGE: 19851003 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Equity Income Fund CENTRAL INDEX KEY: 0000775688 IRS NUMBER: 521424600 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-04400 FILM NUMBER: 121170849 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 EQUITY INCOME FUND DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price GNMA Fund CENTRAL INDEX KEY: 0000779785 IRS NUMBER: 521426953 STATE OF INCORPORATION: MA FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-04441 FILM NUMBER: 121170842 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 GNMA FUND DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Capital Appreciation Fund CENTRAL INDEX KEY: 0000793347 IRS NUMBER: 521465786 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-04519 FILM NUMBER: 121170858 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 CAPITAL APPRECIATION FUND DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE CAPITAL ADVANTAGE FUND DATE OF NAME CHANGE: 19860629 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price California Tax-Free Income Trust CENTRAL INDEX KEY: 0000798086 IRS NUMBER: 000000000 STATE OF INCORPORATION: MA FISCAL YEAR END: 0228 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-04525 FILM NUMBER: 121170855 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 CALIFORNIA TAX FREE INCOME TRUST DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Institutional International Funds, Inc. CENTRAL INDEX KEY: 0000852254 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-05833 FILM NUMBER: 121170832 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: T ROWE PRICE INSTITUTIONAL INTERNATIONAL FUNDS INC DATE OF NAME CHANGE: 20011217 FORMER COMPANY: FORMER CONFORMED NAME: INSTITUTIONAL INTERNATIONAL FUNDS INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Index Trust, Inc. CENTRAL INDEX KEY: 0000858581 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-05986 FILM NUMBER: 121170837 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 INDEX TRUST INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE INSTITUTIONAL EQUITY FUNDS INC DATE OF NAME CHANGE: 19900227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Balanced Fund, Inc. CENTRAL INDEX KEY: 0000871839 IRS NUMBER: 521725684 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-06275 FILM NUMBER: 121170857 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 BALANCED FUND INC DATE OF NAME CHANGE: 19920717 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Mid-Cap Growth Fund, Inc. CENTRAL INDEX KEY: 0000887147 IRS NUMBER: 521784828 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-06665 FILM NUMBER: 121170827 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 MID CAP GROWTH FUND INC DATE OF NAME CHANGE: 19920717 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Dividend Growth Fund, Inc. CENTRAL INDEX KEY: 0000894024 IRS NUMBER: 521805594 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-07055 FILM NUMBER: 121170850 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 DIVIDEND GROWTH FUND INC DATE OF NAME CHANGE: 19921112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Blue Chip Growth Fund, Inc. CENTRAL INDEX KEY: 0000902259 IRS NUMBER: 521827505 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-07059 FILM NUMBER: 121170856 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 BLUE CHIP GROWTH FUND INC DATE OF NAME CHANGE: 19930426 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Media & Telecommunications Fund, Inc. CENTRAL INDEX KEY: 0000910671 IRS NUMBER: 521840883 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-07075 FILM NUMBER: 121170828 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 MEDIA & TELECOMMUNICATIONS FUND INC DATE OF NAME CHANGE: 19980513 FORMER COMPANY: FORMER CONFORMED NAME: NEW AGE MEDIA FUND INC DATE OF NAME CHANGE: 19930827 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE NEW AGE MEDIA FUND INC DATE OF NAME CHANGE: 19930817 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price International Series, Inc. CENTRAL INDEX KEY: 0000918292 IRS NUMBER: 521870103 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-07145 FILM NUMBER: 121170829 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 INTERNATIONAL SERIES INC DATE OF NAME CHANGE: 19940131 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Equity Series, Inc. CENTRAL INDEX KEY: 0000918294 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-07143 FILM NUMBER: 121170848 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 EQUITY SERIES INC DATE OF NAME CHANGE: 19940131 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Fixed Income Series, Inc. CENTRAL INDEX KEY: 0000920467 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-07153 FILM NUMBER: 121170846 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 FIXED INCOME SERIES INC DATE OF NAME CHANGE: 19940317 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Personal Strategy Funds, Inc. CENTRAL INDEX KEY: 0000923084 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-07173 FILM NUMBER: 121170820 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 PERSONAL STRATEGY FUNDS INC DATE OF NAME CHANGE: 19940512 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Capital Opportunity Fund, Inc. CENTRAL INDEX KEY: 0000931151 IRS NUMBER: 521905304 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-07225 FILM NUMBER: 121170854 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 CAPITAL OPPORTUNITY FUND INC DATE OF NAME CHANGE: 19941007 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Corporate Income Fund, Inc. CENTRAL INDEX KEY: 0000949820 IRS NUMBER: 521948055 FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-07353 FILM NUMBER: 121170853 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 CORPORATE INCOME FUND INC DATE OF NAME CHANGE: 19950824 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Health Sciences Fund, Inc. CENTRAL INDEX KEY: 0001002624 IRS NUMBER: 521952906 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-07381 FILM NUMBER: 121170839 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 HEALTH SCIENCES FUND INC DATE OF NAME CHANGE: 19980513 FORMER COMPANY: FORMER CONFORMED NAME: PRICE T ROWE HEALTH & LIFE SCIENCES FUND INC DATE OF NAME CHANGE: 19951023 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Mid-Cap Value Fund, Inc. CENTRAL INDEX KEY: 0001012678 IRS NUMBER: 521977812 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-07605 FILM NUMBER: 121170826 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 MID CAP VALUE FUND INC DATE OF NAME CHANGE: 19960425 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Institutional Equity Funds, Inc. CENTRAL INDEX KEY: 0001012968 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-07639 FILM NUMBER: 121170834 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: T ROWE PRICE INSTITUTIONAL EQUITY FUNDS INC DATE OF NAME CHANGE: 20011105 FORMER COMPANY: FORMER CONFORMED NAME: INSTITUTIONAL DOMESTIC EQUITY FUNDS INC DATE OF NAME CHANGE: 19960428 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Financial Services Fund, Inc. CENTRAL INDEX KEY: 0001019286 IRS NUMBER: 522024849 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-07749 FILM NUMBER: 121170847 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 FINANCIAL SERVICES FUND INC DATE OF NAME CHANGE: 19960720 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Reserve Investment Funds, Inc. CENTRAL INDEX KEY: 0001034386 IRS NUMBER: 000000000 FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-08279 FILM NUMBER: 121170816 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: T ROWE PRICE RESERVE INVESTMENT FUNDS INC DATE OF NAME CHANGE: 20010907 FORMER COMPANY: FORMER CONFORMED NAME: RESERVE INVESTMENT FUNDS INC DATE OF NAME CHANGE: 19970221 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Diversified Small-Cap Growth Fund, Inc. CENTRAL INDEX KEY: 0001038469 IRS NUMBER: 522044216 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-08203 FILM NUMBER: 121170851 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 DIVERSIFIED SMALL CAP GROWTH FUND INC DATE OF NAME CHANGE: 19970430 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Real Estate Fund, Inc. CENTRAL INDEX KEY: 0001046404 IRS NUMBER: 522070587 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-08371 FILM NUMBER: 121170817 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 REAL ESTATE FUND INC DATE OF NAME CHANGE: 19970919 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Global Technology Fund, Inc. CENTRAL INDEX KEY: 0001116626 IRS NUMBER: 522024849 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-09995 FILM NUMBER: 121170843 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: T ROWE PRICE GLOBAL TECHNOLOGY FUND INC DATE OF NAME CHANGE: 20000614 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price International Index Fund, Inc. CENTRAL INDEX KEY: 0001120925 IRS NUMBER: 522278495 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-10063 FILM NUMBER: 121170830 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: T ROWE PRICE INTERNATIONAL INDEX FUND INC DATE OF NAME CHANGE: 20000802 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Institutional Income Funds, Inc. CENTRAL INDEX KEY: 0001169187 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-21055 FILM NUMBER: 121170833 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: T ROWE PRICE INSTITUTIONAL INCOME FUNDS INC DATE OF NAME CHANGE: 20020314 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Inflation Protected Bond Fund, Inc. CENTRAL INDEX KEY: 0001181628 IRS NUMBER: 134212528 FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-21185 FILM NUMBER: 121170835 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: T ROWE PRICE INFLATION PROTECTED BOND FUND INC DATE OF NAME CHANGE: 20020821 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Diversified Mid-Cap Growth Fund, Inc. CENTRAL INDEX KEY: 0001267862 IRS NUMBER: 421615933 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-21454 FILM NUMBER: 121170852 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: T ROWE PRICE DIVERSIFIED MID CAP GROWTH FUND INC DATE OF NAME CHANGE: 20031022 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Inflation Focused Bond Fund, Inc. CENTRAL INDEX KEY: 0001368135 IRS NUMBER: 510593985 FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-21919 FILM NUMBER: 121170836 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: T. Rowe Price Short-Term Income Fund, Inc. DATE OF NAME CHANGE: 20060629 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Global Real Estate Fund, Inc. CENTRAL INDEX KEY: 0001440930 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-22218 FILM NUMBER: 121170844 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 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Real Assets Fund, Inc. CENTRAL INDEX KEY: 0001486048 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-22410 FILM NUMBER: 121170818 BUSINESS ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 410-345-4981 MAIL ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Floating Rate Fund, Inc. CENTRAL INDEX KEY: 0001520245 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-22557 FILM NUMBER: 121170845 BUSINESS ADDRESS: STREET 1: 100 EAST BALTIMORE STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 410-345-2000 MAIL ADDRESS: STREET 1: 100 EAST BALTIMORE STREET CITY: BALTIMORE STATE: MD ZIP: 21202 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Multi-Sector Account Portfolios, Inc. CENTRAL INDEX KEY: 0001533490 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 0212 FILING VALUES: FORM TYPE: 40-17G SEC ACT: 1940 Act SEC FILE NUMBER: 811-22620 FILM NUMBER: 121170825 BUSINESS ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 BUSINESS PHONE: 410-345-4981 MAIL ADDRESS: STREET 1: 100 EAST PRATT STREET CITY: BALTIMORE STATE: MD ZIP: 21202 40-17G 1 memo-oct2012.htm Untitled Document

MEMORANDUM OF AGREEMENT

T. Rowe Price Institutional Equity Funds, Inc., on behalf of the T. Rowe Price Institutional Mid-Cap Equity Growth Fund, T. Rowe Price Institutional Small-Cap Stock Fund, T. Rowe Price Institutional Large-Cap Value Fund, T. Rowe Price Institutional Concentrated Large-Cap Value Fund, T. Rowe Price Institutional Large-Cap Growth Fund and T. Rowe Price Institutional Large-Cap Core Growth Fund, T. Rowe Price Institutional Income Funds, Inc., on behalf of T. Rowe Price Institutional Core Plus Fund, T. Rowe Price Institutional Floating Rate Fund and T. Rowe Price Institutional High Yield Fund and T. Rowe Price Institutional International Funds, Inc., on behalf of T. Rowe Price Institutional Africa & Middle East Fund, T. Rowe Price Institutional Concentrated International Equity Fund, T. Rowe Price Institutional International Core Equity Fund, T. Rowe Price Institutional Global Large-Cap Equity Fund, T. Rowe Price Institutional International Growth Equity Fund, T. Rowe Price Institutional Emerging Markets Bond Fund, T. Rowe Price Institutional Emerging Markets Equity Fund, T. Rowe Price Institutional Global Equity Fund, Institutional Global Value Equity Fund and T. Rowe Price Institutional International Bond Fund, T. Rowe Price Reserve

Investment Funds, Inc., on behalf of T. Rowe Price Government Reserve Investment Fund and T. Rowe Price Reserve Investment Fund, T. Rowe Price Balanced Fund, Inc., T. Rowe Price Blue Chip Growth Fund, Inc., T. Rowe Price California Tax-Free Income Trust, on behalf of the California Tax-Free Bond Fund and California Tax-Free Money Fund, T. Rowe Price Capital Appreciation Fund, T. Rowe Price Capital Opportunity Fund, Inc., T. Rowe Price Corporate Income Fund, Inc., T. Rowe Price Diversified Mid-Cap Growth Fund, Inc., T. Rowe Price Diversified Small-Cap Growth Fund, Inc., T. Rowe Price Dividend Growth Fund, Inc., T. Rowe Price Equity Income Fund, T. Rowe Price Equity Series, Inc., on behalf of T. Rowe Price Blue Chip Growth Portfolio, T. Rowe Price

Equity Index 500 Portfolio, T. Rowe Price Health Sciences Portfolio, T. Rowe Price Equity Income Portfolio, T. Rowe Price Personal Strategy Balanced Portfolio, T. Rowe Price Mid-Cap Growth Portfolio and T. Rowe Price New America Growth Portfolio, T. Rowe Price Financial Services Fund, Inc., T. Rowe Price Fixed Income Series, Inc., on behalf of T. Rowe Price Limited-Term Bond Portfolio and T. Rowe Price Prime Reserve Portfolio, T. Rowe Price Floating Rate 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., on behalf of T. Rowe Price Equity Index 500 Fund, T. Rowe Price Total Equity Market Index Fund and T. Rowe Price Extended Equity Market Index Fund, T. Rowe Price Inflation Focused Bond Fund, Inc., T. Rowe Price Inflation-Protected Bond Fund, Inc., T. Rowe Price International Funds, Inc., on behalf of the T. Rowe Price Africa & Middle East Fund, T. Rowe Price Emerging Markets Bond Fund, T. Rowe Price Emerging Markets Corporate Bond Fund, T. Rowe Price Emerging Markets Local Currency Bond Fund, T. Rowe Price Emerging Markets Stock Fund, T. Rowe Price European Stock Fund, T. Rowe Price Global

Infrastructure Fund, T. Rowe Price Global Large-Cap Stock Fund, T. Rowe Price Global Stock Fund, T. Rowe Price International Bond Fund, T. Rowe Price Overseas Stock Fund, T. Rowe Price International Discovery Fund, T. Rowe Price International Growth & Income Fund, T. Rowe Price International Stock Fund, T. Rowe Price Japan Fund, T. Rowe Price Latin America Fund, T. Rowe Price New Asia Fund and T. Rowe Price Emerging Europe & Mediterranean Fund, T. Rowe Price International Index Fund, Inc., on behalf of T. Rowe Price International Equity Index Fund, T. Rowe Price International Series, Inc., on behalf of T. Rowe Price International Stock Portfolio, T. Rowe Price Multi-Sector Account Portfolios, Inc.

on behalf of T. Rowe Price Emerging Markets Bond Multi-Sector Account Portfolio, T. Rowe Price emerging markets Local Multi-Sector Account Portfolio, T. Rowe Price Floating Rate Multi-Sector Account Portfolio, T. Rowe Price High Yield Multi-Sector Account Portfolio, T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio, T. Rowe Price Mortgage-Backed Securities Multi-Sector Account Portfolio, T. Rowe Price Media and 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 New Income Fund, Inc., T. Rowe Price Small-Cap Stock Fund, Inc., T. Rowe Price Personal Strategy Funds, Inc., on behalf of T. Rowe Price Personal Strategy Balanced Fund, T. Rowe Price Personal Strategy Growth Fund and T. Rowe Price Personal Strategy Income Fund, T. Rowe Price Prime Reserve Fund, Inc., T. Rowe Price Real Estate Fund, Inc., T. Rowe Price Retirement Funds, Inc., on behalf of T. Rowe Price Retirement Income Fund, T. Rowe Price Retirement 2005 Fund, T. Rowe Price Retirement 2010 Fund, T. Rowe Price Retirement 2015 Fund, T. Rowe Price Retirement 2020 Fund, T. Rowe Price Retirement 2025 Fund, T. Rowe Price Retirement 2030 Fund, T. Rowe Price Retirement 2035

Fund and T. Rowe Price Retirement 2040 Fund, T. Rowe Price Retirement 2050 Fund and T. Rowe Price Retirement 2055 Fund, T. Rowe Price Science & Technology Fund, Inc., T. Rowe Price Short-Term Bond Fund, Inc., T. Rowe Price Small-Cap Value Fund, Inc., T. Rowe Price Spectrum Fund, Inc., on behalf of Spectrum Growth Fund, Spectrum Income Fund and Spectrum International Fund, T. Rowe Price State Tax-Free Income Trust, on behalf of the Georgia Tax-Free Bond Fund, Maryland Tax-Free Bond Fund, Maryland Short-Term Tax-Free Bond Fund, Maryland Tax-Free Money Fund, New Jersey Tax-Free Bond Fund, New York Tax-Free Bond Fund, New York Tax-Free Money Fund and Virginia Tax-

Free Bond Fund, T. Rowe Price Strategic Income Fund, Inc., T. Rowe Price Summit Funds, Inc., on behalf of T. Rowe Price Summit Cash Reserves Fund and T. Rowe Price Summit GNMA Fund, T. Rowe Price Summit Municipal Funds, Inc., on behalf of T. Rowe Price Summit Municipal Money Market Fund, T. Rowe Price Summit Municipal Intermediate Fund and T. Rowe Price Summit Municipal Income Fund, T. Rowe Price Tax-Efficient Multi-Cap Growth Fund, 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., on behalf of the U.S. Treasury Intermediate Fund, U.S. Treasury Long-Term Fund and U.S. Treasury Money Fund and T. Rowe Price Value Fund, Inc.. (all of which are hereinafter collectively called the "Funds" and each of which is hereinafter sometimes called a "Fund"), which are registered as diversified open-end management investment companies under the Federal Investment Company Act of 1940 (the "Act"). T. Rowe Price Associates, Inc. ("TRPA") is investment adviser ("Adviser") to all the Funds. T. Rowe Price Investment Services, Inc. ("Distributor"), T. Rowe Price Services, Inc.

("Services"), and T. Rowe Price Retirement Plan Services, Inc. ("RPS") are Maryland corporations and wholly-owned subsidiaries of the Adviser. In accordance with the rules of the Securities and Exchange Commission under the Act, the Funds, the Adviser, the Distributor, Services, and RPS, as well as other affiliated companies of the Adviser, and T. Rowe Price Group, Inc., (all of which are hereinafter sometimes collectively called the "Insureds" and each of which is hereinafter sometimes individually called the "Insured"), have jointly agreed to maintain a Brokers' Blanket Bond and Policy, designated as Bond No. 87163212B (the "Bond") from the ICI Mutual Insurance Company, as attached hereto. The Bond became effective on August 31,

2012, and is to run through August 31, 2013 unless canceled. The coverage of the Bond is in the principal amount of $125,000,000.

1. (a) The Bond coverage shall be allocated among the Insureds for the period August 31, 2012 through August 31, 2013, as outlined in the Price Funds Quarterly Compliance Report for the Joint Brokers Blanket Bond, attached hereto as "Exhibit A". Each investment company is allocated a percentage of the total bond coverage that is allotted to all of the Price Funds based on the required bond amount for that investment company as specified under the Act and as identified on Exhibit A. The minimum amount of coverage is calculated based on the total assets of each investment company rather than each underlying series.

(b) Due to the large number of T. Rowe Price Funds listed on the Bond and the large portion of the Bond allocated to the Price Funds, the Board has allocated the premium based on a ratio of 70% to the Price Funds and 30% to the T. Rowe Price entities. The premium for each Price Fund is then calculated using each Price Fund's (including each underlying series) percentage of total gross assets of all of the Price Funds (a minimum percentage amount is used for the premium allocation for T. Rowe Price Funds with smaller assets). This percentage

is multiplied by the total premium allocated to all of the Price Funds (70% of premium).

2. Except as otherwise provided in this Agreement, each Insured shall be entitled to the full amount of any recovery under the Bond in connection with any loss sustained by it, and shall bear all of the expenses attendant upon the realization of such recovery.

3. (a) In the event that all of the Insureds shall together sustain, as the result of any single occurrence, a loss equal to or greater than the principal amount of the Bond, or in the event that all of the Insureds shall together sustain losses under any other circumstances in which the aggregate

amount of the recovery under the Bond shall be less than the aggregate amount of such losses, then in either such event the amount of such recovery shall be proportioned among all Insureds as allocated in Section 1(a). Each underlying series would receive a portion of its investment company's allocation based on the percentage of assets of the underlying series of the total assets of the series' investment company.

In the event that any two or more of the Insured entities shall together sustain a loss or losses, then any recovery under the Bond shall be allocated between them in such proportions as shall be determined in the case of each Insured by the application of the following fraction:

(i) the numerator of which shall be the numerator of the fraction applicable to such Insured as set forth in Section 1(a) (each series would receive a proportional amount of the coverage calculated for the investment company based on the number of underlying series suffering losses), and

(ii) the denominator of which shall be the sum of the numerators applicable to such Insureds as set forth in

Section 1(a).

(b) Anything in Paragraph 3(a) to the contrary notwithstanding, in the event that the result of the operation of that paragraph would be to allocate to any one or more of the Insureds sustaining losses as a result of any single occurrence an amount in excess of the loss actually sustained by it or them, each such Insured shall be entitled only to an amount equal to the loss it has sustained, and the excess shall be allocated as between the other Insured or Insureds participating in such loss by a computation made in the manner prescribed in the second sentence of Paragraph 3(a); provided, however, in the event that the result of such computation shall be the allocation to

one or more of such other Insureds of an amount or amounts which, when added to the amount or amounts allocated to such Insured or Insureds pursuant to Paragraph 3(a), shall exceed the loss or losses actually sustained by it or them, the procedure specified in the foregoing sentence shall be repeated successively until none of the Insureds sustaining a loss by virtue of such occurrence shall have been allocated an amount in excess of such loss.

4. Any cost involved in the interpretation and enforcement of the Bond shall be borne by all of the Insureds in the same proportions as used to calculate the premium of the Bond; provided, however, that if the interpretation of the Bond arises out of or in connection with a loss or losses in which any two or more of the Insureds are involved, such costs shall be allocated among them in the manner specified in Paragraph 3; and provided further, that if only one Insured is involved in any such loss, then all of such costs shall be borne by Insured.

5. Each of the Insureds shall notify each of the other Insureds within ten days of:

(a) the filing of any claim under the Bond, and

(b) the settlement of any claim under the Bond.

6. The Insureds agree to consult and cooperate among themselves in order to procure the benefits of the Bond and of this Agreement for all of them.

7. This Agreement has been executed and delivered in order to comply with the terms and conditions set forth in Rule 17g-1 under the Investment Company Act of 1940.

IN WITNESS WHEREOF, each of the Insureds has caused this Agreement to be executed in its name and its corporate seal to be affixed hereunto and attested, in each case by its corporate officers thereunto duly authorized, all as of the 31st day of August, 2012.

T. ROWE PRICE INSTITUTIONAL EQUITY FUNDS, INC., on behalf of

T. ROWE PRICE INSTITUTIONAL CONCENTRATED LARGE-CAP VALUE FUND

T. ROWE PRICE INSTITUTIONAL LARGE-CAP VALUE FUND

T. ROWE PRICE INSTITUTIONAL LARGE-CAP GROWTH FUND

T. ROWE PRICE INSTITUTIONAL LARGE-CAP CORE GROWTH FUND T. ROWE PRICE INSTITUTIONAL MID-CAP EQUITY GROWTH FUND

T. ROWE PRICE INSTITUTIONAL SMALL-CAP STOCK FUND,

T. ROWE PRICE INSTITUTIONAL INCOME FUNDS, INC., on behalf of T. ROWE PRICE INSTITUTIONAL CORE PLUS FUND

T. ROWE PRICE INSTITUTIONAL FLOATING RATE FUND

T. ROWE PRICE INSTITUTIONAL HIGH YIELD FUND

T. ROWE PRICE INSTITUTIONAL INTERNATIONAL FUNDS, INC., on behalf of T. ROWE PRICE INSTITUTIONAL AFRICA & MIDDLE EAST FUND

T. ROWE PRICE INSTITUTIONAL CONCENTRATED INTERNATIONAL

EQUITY FUND

T. ROWE PRICE INSTITUTIONAL INTERNATIONAL CORE EQUITY FUND T. ROWE

PRICE INSTITUTIONAL EMERGING MARKETS BOND FUND

T. ROWE PRICE INSTITUTIONAL EMERGING MARKETS EQUITY FUND T. ROWE PRICE INSTITUTIONAL GLOBAL EQUITY FUND

T. ROWE PRICE INSTITUTIONAL GLOBAL LARGE-CAP EQUITY FUND T. ROWE PRICE INSTITUTIONAL GLOBAL VALUE EQUITY FUND,

T. ROWE PRICE INSTITUTIONAL INTERNATIONAL BOND FUND

T. ROWE PRICE INSTITUTIONAL INTERNATIONAL GROWTH

EQUITY FUND

T. ROWE PRICE RESERVE INVESTMENT FUNDS, INC., on behalf of T. ROWE PRICE GOVERNMENT RESERVE INVESTMENT FUND, T. ROWE PRICE RESERVE INVESTMENT FUND

T. ROWE PRICE BALANCED FUND, INC.

T. ROWE PRICE BLUE CHIP GROWTH FUND, INC.

T. ROWE PRICE CALIFORNIA TAX-FREE INCOME TRUST, on behalf of CALIFORNIA TAX-FREE BOND FUND,

CALIFORNIA TAX-FREE MONEY FUND

T. ROWE PRICE CAPITAL APPRECIATION FUND

T. ROWE PRICE CAPITAL OPPORTUNITY FUND, INC.

T. ROWE PRICE CORPORATE INCOME FUND, INC.

T. ROWE PRICE DIVERSIFIED MID-CAP GROWTH FUND

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

T. ROWE PRICE DIVIDEND GROWTH FUND, INC. T. ROWE PRICE EQUITY INCOME FUND

T. ROWE PRICE EQUITY SERIES, INC., on behalf of T. ROWE PRICE EQUITY INCOME PORTFOLIO,

T. ROWE PRICE MID-CAP GROWTH PORTFOLIO,

T. ROWE PRICE NEW AMERICA GROWTH PORTFOLIO,

T. ROWE PRICE PERSONAL STRATEGY BALANCED PORTFOLIO

T. ROWE PRICE BLUE CHIP GROWTH PORTFOLIO

T. ROWE PRICE EQUITY INDEX 500 PORTFOLIO

T. ROWE PRICE HEALTH SCIENCES PORTFOLIO T. ROWE PRICE FINANCIAL SERVICES FUND, INC.

T. ROWE PRICE FIXED INCOME SERIES, INC., on behalf of

T. ROWE PRICE LIMITED-TERM BOND PORTFOLIO,

T. ROWE PRICE PRIME RESERVE PORTFOLIO T. ROWE PRICE FLOATING RATE 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., on behalf of
T. ROWE PRICE EQUITY INDEX 500 FUND,

T. ROWE PRICE TOTAL EQUITY MARKET INDEX FUND,

T. ROWE PRICE EXTENDED EQUITY MARKET INDEX FUND

T. ROWE PRICE INFLATION FOCUSED BOND FUND

T. ROWE PRICE INFLATION PROTECTED BOND FUND, INC.

T. ROWE PRICE INTERNATIONAL FUNDS, INC., on behalf of T. ROWE PRICE AFRICA & MIDDLE EAST FUND

T. ROWE PRICE EMERGING MARKETS BOND FUND,

T. ROWE PRICE EMERGING MARKETS CORPORATE BOND FUND,

T. ROWE PRICE EMERGING MARKETS LOCAL CURRENCY BOND FUND T. ROWE PRICE EMERGING MARKETS STOCK FUND,

T. ROWE PRICE EUROPEAN STOCK FUND,

T. ROWE PRICE GLOBAL LARGE-CAP STOCK FUND T. ROWE PRICE GLOBAL STOCK FUND,

T. ROWE PRICE INTERNATIONAL BOND FUND, T. ROWE PRICE OVERSEAS STOCK FUND

T. ROWE PRICE INTERNATIONAL DISCOVERY FUND,

T. ROWE PRICE INTERNATIONAL GROWTH & INCOME FUND

T. ROWE PRICE INTERNATIONAL STOCK FUND,

T. ROWE PRICE JAPAN FUND,

T. ROWE PRICE LATIN AMERICA FUND, T. ROWE PRICE NEW ASIA FUND, and

T. ROWE PRICE EMERGING EUROPE & MEDITERRANEAN FUND

T. ROWE PRICE INTERNATIONAL INDEX FUND, INC. on behalf of

T. ROWE PRICE INTERNATIONAL EQUITY INDEX FUND

T. ROWE PRICE INTERNATIONAL SERIES, INC., on behalf of

T. ROWE PRICE INTERNATIONAL STOCK PORTFOLIO

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. on behalf of

T. ROWE PRICE EMERGING MARKETS BOND MULTI-SECTOR

ACCOUNT PORTFOLIO

T. ROWE PRICE EMERGING MARKETS LOCAL MULTI-SECTOR ACCOUNT PORTFOLIO

T. ROWE PRICE FLOATING RATE MULTI-SECTOR ACCOUNT PORTFOLIO

T. ROWE PRICE HIGH YIELD MULTI-SECTOR ACCOUNT PORTFOLIO

T. ROWE PRICE INVESTMENT-GRADE CORPORATE MULTI-SECTOR ACCOUNT PORTFOLIO

T. ROWE PRICE MORTGAGE-BACKED SECURITIES MULTI-SECTOR ACCOUNT PORTFOLIO

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., on behalf of

T. ROWE PRICE PERSONAL STRATEGY BALANCED FUND,

T. ROWE PRICE PERSONAL STRATEGY GROWTH FUND,

T. ROWE PRICE PERSONAL STRATEGY INCOME FUND

T. ROWE PRICE PRIME RESERVE FUND, INC.

T. ROWE PRICE REAL ESTATE FUND, INC.

T. ROWE PRICE RETIREMENT FUNDS, INC., on behalf of T. ROWE PRICE RETIREMENT INCOME FUND

T. ROWE PRICE RETIREMENT 2005 FUND T. ROWE PRICE RETIREMENT 2010 FUND T. ROWE PRICE RETIREMENT 2015 FUND T. ROWE PRICE RETIREMENT 2020 FUND T. ROWE PRICE RETIREMENT 2025 FUND T. ROWE PRICE RETIREMENT 2030 FUND T. ROWE PRICE RETIREMENT 2035 FUND T. ROWE PRICE RETIREMENT 2040 FUND T. ROWE PRICE RETIREMENT 2045 FUND

T. ROWE PRICE RETIREMENT 2050 FUND

T. ROWE PRICE RETIREMENT 2055 FUND

T. ROWE PRICE SCIENCE & TECHNOLOGY FUND, INC. T. ROWE PRICE SHORT-TERM BOND FUND, INC.

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

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

T. ROWE PRICE SPECTRUM FUND, INC., on behalf of

SPECTRUM GROWTH FUND,

SPECTRUM INCOME FUND,

SPECTRUM INTERNATIONAL FUND

T. ROWE PRICE STATE TAX-FREE INCOME TRUST, on behalf of GEORGIA TAX-FREE BOND FUND,

MARYLAND TAX-FREE BOND FUND,

MARYLAND SHORT-TERM TAX-FREE BOND FUND, MARYLAND TAX-FREE MONEY FUND,

NEW JERSEY TAX-FREE BOND FUND,

NEW YORK TAX-FREE BOND FUND,

NEW YORK TAX-FREE MONEY FUND,

VIRGINIA TAX-FREE BOND FUND

T. ROWE PRICE STRATEGIC INCOME FUND, INC.

T. ROWE PRICE SUMMIT FUNDS, INC., on behalf of

T. ROWE PRICE SUMMIT CASH RESERVES FUND, T. ROWE PRICE SUMMIT GNMA FUND

T. ROWE PRICE SUMMIT MUNICIPAL FUNDS, INC., on behalf of

T. ROWE PRICE SUMMIT MUNICIPAL MONEY MARKET FUND,

T. ROWE PRICE SUMMIT MUNICIPAL INTERMEDIATE FUND,

T. ROWE PRICE SUMMIT MUNICIPAL INCOME FUND

T. ROWE PRICE TAX-EFFICIENT MULTI-CAP GROWTH FUND 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., on behalf of

U.S. TREASURY INTERMEDIATE FUND,

U.S. TREASURY LONG-TERM FUND,

U.S. TREASURY MONEY FUND

/s/David Oestreicher

 By:_______________________________

     David Oestreicher

T. ROWE PRICE ASSOCIATES, INC.

By 

Edward C. Bernard

Revised DLK\5457\INSURNemolns.12

August 2012

RESOLVED, that the Brokers' Blanket Bond be maintained on behalf of the Corporation/Trust and be in the form of a joint insured bond issued by ICI Mutual Insurance Company in the amount of $125 million with respect to each of the entities set forth in the attached Memorandum of Agreement dated August 31, 2012 and in the amounts indicated therein.

RESOLVED, that the proper officer of the Corporation/Trust be, and he is hereby authorized and directed in his name and on his behalf to execute and deliver to the Funds/Trust named or to be named on the said Brokers' Blanket Bond, the Agreement with those Corporations/Trusts referred to in the foregoing resolution.

RESOLVED, that the Board of Directors/Trustees of the Corporation/Trust hereby designate Patricia B. Lippert as the officer of said Corporation/Trust who shall make filings with the Securities and Exchange Commission and give all notices to directors/trustees of the Corporation/Trust which shall at any time be required by Paragraph (h) of Rule 17-g-1.

Revised 8/31/2012 DLK\5457\INSUR\MemoIns.12

EXHIBIT A

PRICE FUNDS QUARTERLY COMPLIANCE REPORT

JOINT BROKERS BLANKET BOND
30-Jun-2012

     

Portfolio/ Fund

Gross Assets of

Portfolio Fund

% of Fund Assets

SEC Min.
Amount of
Bond

T. Rowe Price Institutional Equity Funds, Inc.

 

10,830,174,390

2.62%

2,500,000

T. Rowe Price Institutional Mid-Cap Equity Growth Fund(MCE)

2,907,820,472

   

T. Rowe Price Institutional Small-Cap Stock Fund(SCI)

805,278,807

   

T. Rowe Price Institutional Large-Cap Value Fund(LCV)

841,855,347

   

T. Rowe Price Institutional Large-Cap Core Growth Fund LCC)

393,257,468

   

T. Rowe Price Institutional Large-Cap Growth Fund(LCG)

5,283,108,699

   

T. Rowe Price Institutional U.S. Structured Research Fund (IUS/IRF)

529,867,804

   

T. Rowe Price Institutional Concentrated International Equity ICE)

7,155,271

   

T. Rowe Price Institutional International Core Equity Fund HC)

61,830,522

   

T. Rowe Price Institutional Income Funds, Inc.

 

4,903,309,136

1.19%

2,500,000

T. Rowe Price Institutional Core Plus Fund (ICP)

196,792,236

   

T. Rowe Price Institutional Floatinikate Fund EIFR)

1,994,356,343

   

T. Rowe Price Institutional High Yield Fund(HYI)

2,712,160,557

   

T. Rowe Price Institutional International Funds, Inc.

 

1,634,537,652

0.40%

1,500,000

T. Rowe Price Institutional Africa & Middle East Fund

136,384,557

   

T. Rowe Price Institutional International Growth Equity Fund(FEF)

69,483,081

   

T. Rowe Price Institutional Emerging Markets Equity Fund(IEM)

846,599,954

   

T. Rowe Price Institutional Emerging Markets Bond Fund(IEB)

234,226,958

   

T. Rowe Price Institutional Global Equity(IGE)

147,233,291

   

T. Rowe Price Institutional Global Large-Cap Equity Fund IGL)

56,391,042

   

T. Rowe Price Institutional International Bonc (IIB)

144,218,769

   

Reserve Investment Funds, Inc.

 

20,505,281,631

4.96%

2,500,000

Reserve Investment Fund (RES)

19,113,509,952

   

Government Reserve Investment Fund(GRS)

1,391,771,679

   

T. Rowe Price Balanced Fund, Inc. (BAL)

3,211,537,686

3,211,537,686

0.78%

2,100,000

T. Rowe Price Blue Chip Growth Fund, Inc. (BCG)

14,224,514,200

14,224,514,200

3.44%

2,500,000

T. Rowe Price California Tax-Free Income Trust

 

477,781,786

0.12%

750,000

California Tax-Free Bond Fund (CAB)

393,829,978

   

California Tax-Free Money Fund (CAM)

83,951,808

   

T. Rowe Price Capital Appreciation Fund (CAF)

12,481,543,774

12,481,543,774

3.02%

2,500,000

T. Rowe Price Capital Opportunity Fund, Inc. (COF)

371,000,807

371,000,807

0.09%

750,000

     

T. Rowe Price Corporate Income Fund, Inc. (CIF)

624,027,079

624,027,079

0.15%

900,000

T. Rowe Price Diversified Mid-Cap Growth Fund, Inc. (DMG)

193,816,539

193,816,539

0.05%

600,000

T. Rowe Price Diversified Small-Cap Growth

198,483,727

198,483,727

0.05%

600,000

Fund, Inc. (DSG)

    

T. Rowe Price Dividend Growth Fund, Inc. (DGF)

2,384,336,072

2,384,336,072

0.58%

1,700,000

T. Rowe Price Equity Income Fund (EIF)

22,956,718,357

22,956,718,357

5.56%

2,500,000

     

Portfolio/ Fund

Gross Assets of Portfolio Fund

Fund Assets

Amount of
Bond

T. Rowe Price Equity Series, Inc.

 

2,008,122,738

0.49%

1,700,000

T. Rowe Price Blue Chip Growth Portfolic (BCP)

273,354,827

   

T. Rowe Price Equity Income Portfolio (EIP)

967,799,728

   

T. Rowe Price Equity Index 500 Portfolio (EXP)

9,026,032

   

T. Rowe Price Health Sciences Portfolio (HSP)

140,118,899

   

T. Rowe Price Mid-Cap Growth Portfolio (MGP)

319,418,199

   

T. Rowe Price New America Growth Portfolio (NAP)

145,490,403

   

T. Rowe Price Personal Strategy Balanced Portfolio(PSP)

152,914,650

   

T. Rowe Price Financial Services Fund, Inc (FSF)

292,585,530

292,585,530

0.07%

750,000

T. Rowe Price Fixed Income Series, Inc.

 

207,402,587

0.05%

600,000

T. Rowe Price Limited-Term Bond Portfolio (LTP)

181,544,409

   

Prime Reserve Portfolio (PRP)

25,858,178

   

T. Rowe Price Floating Rate Fund (FRI)

77,720,646

77,720,646

0.02%

450,000

T. Rowe Price GNMA Fund (GMA)

1,981,558,365

1,981,558,365

0.48%

1,500,000

T. Rowe Price Global Real Estate Fund, Inc. (GRE)

71,864,640

71,864,640

0.02%

400,000

T. Rowe Price Global Technology Fund, Inc. IGTF)

661,751,527

661,751,527

0.16%

900,000

T. Rowe Price Growth & Income Fund, Inc (GIF)

1,129,757,931

1,129,757,931

0.27%

1,250,000

T. Rowe Price Growth Stock Fund, Inc. (GSF)

28,523,293,208

28,523,293,208

6.91%

2,500,000

T. Rowe Price Health Sciences Fund (HSF)

4,430,030,434

4,430,030,434

1.07%

2,500,000

T. Rowe Price High Yield Fund, Inc. (HYF)

9,383,934,924

9,383,934,924

2.27%

2,500,000

T. Rowe Price Index Trust, Inc.

 

15,503,592,167

3.75%

2,500,000

T. Rowe Price Equity Index 500 Fund (EXF)

14,494,719,098

   

T. Rowe Price Total Equity Market Index Fund (TMX)

616,615,034

   

T. Rowe Price Extended Equity Market Index Fund (XMX)

392,258,035

   

T. Rowe Price Inflation Focused Bond (IFB)

3,325,961,650

3,325,961,650

0.81%

2,100,000

T. Rowe Price Inflation-Protected Bond Fund, Inc. (IPB)

551,196,692

551,196,692

0.13%

900,000

T. Rowe Price International Funds, Inc.

 

37,986,592,183

9.20%

2,500,000

T. Rowe Price Africa & Middle East Fund (AME/INTEQ)

144,083,915

   

T. Rowe Price Emerging Europe & Mediterranean Fund (EEM)

403,818,087

   

T. Rowe Price Emerging Markets Bond Fund (EMB)

3,397,033,537

   

T. Rowe Price Emerging Markets Corporate Bond Fund (EMC)

15,973,945

   

T. Rowe Price Emerging Markets Local Currency Bond (EML)

44,343,774

   

T. Rowe Price Emerging Markets Stock Fund (EMS)

6,424,852,881

   

     

T. Rowe Price European Stock Fund (ESF)

649,523,080

   

T. Rowe Price Global Infrastructure Fund (GNA)

40,957,703

   

T. Rowe Price Global Large-Cap Stock Fund (GLE)

61,255,264

   

T. Rowe Price Global Stock Fund (GLS)

513,696,055

   

T. Rowe Price International Bond Fund (IBF)

4,902,044,456

   

T. Rowe Price International Discovery Fund(IDF)

2,533,288,388

   

T. Rowe Price International Stock Fund (ISF)

8,240,763,394

   

T. Rowe Price Japan Fund (JAF)

166,274,088

   

T. Rowe Price Latin America Fund (LAM)

1,764,342,642

   

T. Rowe Price New Asia Fund (NAS)

4,182,075,199

   

T. Rowe Price Overseas Stock Fund (OSF)

4,502,265,775

   

T. Rowe Price International Growth & Income Func (ICI)

5,084,766,921

5,084,766,921

1.23%

2,500,000

     

Portfolio/ Fund

Gross Assets of Portfolio Fund

Fund Assets

Amount of
Bond

T. Rowe Price International Index Fund, Inc.

 

350,729,129

0.08%

750,000

T. Rowe Price International Equity Index Func (IXF)

350,729,129

   

T. Rowe Pr-ice International Series, Inc.

 

266,145,766

0.06%

— 750,000

T. Rowe Price International Stock Portfolio(ISP)

266,145,766

   

T. Rowe Price Media & Telecommunications Fund, Inc. (MTF)

2,176,042,473

2,176,042,473

0.53%

1,700,000

T. Rowe Price Mid-Cap Growth Fund, Inc. (MCG)

17,810,448,895

17,810,448,895

4.31%

2,500,000

T. Rowe Price Mid-Cap Value Fund, Inc. (MCV)

8,845,204,447

8,845,204,447

2.14%

2,500,000

T. Rowe Price New America Growth Fund (NAG)

3,364,556,181

3,364,556,181

0.81%

2,100,000

T. Rowe Price New Era Fund, Inc. (NEF)

4,157,292,436

4,157,292,436

1.01%

2,500,000

T. Rowe Price New Horizons Fund, Inc. (NHF)

9,170,692,210

9,170,692,210

2.22%

2,500,000

T. Rowe Price New Income Fund, Inc. (NIF)

18,157,508,370

18,157,508,370

4.40%

2,500,000

T. Rowe Price Personal Strategy Funds, Inc.

 

3,676,598,080

0.89%

2,300,000

T. Rowe Price Personal Strategy Balanced Fund(PSB)

1,569,746,831

   

T. Rowe Price Personal Strategy Growth Fund(PSG)

1,091,262,880

   

T. Rowe Price Personal Strategy Income Fun (PSI)

1,015,588,369

   

T. Rowe Price Prime Reserve Fund, Inc (PRF)

5,646,123,541

5,646,123,541

1.37%

2,500,000

T. Rowe Price Real Assets Fund (RAF)

2,490,774,170

2,490,774,170

0.60%

1,700,000

T. Rowe Price Real Estate Fund, Inc. (REF)

3,656,990,214

3,656,990,214

0.89%

2,300,000

T. Rowe Price Retirement Funds, Inc.

 

71,190,152,549

17.24%

2,500,000

T. Rowe Price Retirement Income Fund (RPE)

2,684,768,562

   

T. Rowe Price Retirement 2005 Fund (RPF)

1,271,957,493

   

T. Rowe Price Retirement 2010 Fund (RPA)

5,635,683,831

   

T. Rowe Price Retirement 2015 Fund (RPG)

6,826,828,285

   

T. Rowe Price Retirement 2020 Fund (RPB)

14,839,456,446

   

T. Rowe Price Retirement 2025 Fund (RPH)

8,238,814,275

   

T. Rowe Price Retirement 2030 Fund (RPC)

12,485,455,218

   

T. Rowe Price Retirement 2035 Fund (RPI)

5,602,752,594

   

T. Rowe Price Retirement 2040 Fund ( (RPD)

8,303,792,111

   

T. Rowe Price Retirement 2045 Fund (RPK)

3,023,077,640

   

T. Rowe Price Retirement 2050 Fund (RPL)

1,843,861,407

   

T. Rowe Price Retirement 2055 Fund (RPM)

433,704,687

   

T. Rowe Price Science & Technology Fund, Inc (STF)

2,691,539,998

2,691,539,998

0.65%

1,900,000

     

T. Rowe Price Short-Term Bond Fund, Inc. (STB)

6,700,177,109

6,700,177,109

1.62%

2,500,000

T. Rowe Price Small-Cap Stock Fund, Inc. (SCS)

7,063,702,331

7,063,702,331

1.71%

2,500,000

T. Rowe Price Small-Cap Value Fund, Inc. (SCV)

7,272,890,755

7,272,890,755

1.76%

2,500,000

T. Rowe Price Spectrum Fund, Inc.

 

10,091,602,227

2.44%

2,500,000

Spectrum Income Fund (SPI)

6,289,528,409

   

Spectrum Growth Fund (SPG)

3,131,849,383

   

Spectrum International Fund (SPF)

670,224,435

   

     

Portfolio/ Fund

Gross Assets of Portfolio Fund

Fund Assets

Amount of
Bond

T. Rowe Price State Tax-Free Income Trust

 

4,284,663,375

1.04%

2,500,000

Georgia Tax-Free Bond Func (GAB)

213,809,861

   

Maryland Tax-Free Bond Fund (MDB)

1,999,506,903

   

Maryland Tax-Free Money Fund(MDM)

135,965,272

   

Maryland Short-Term Tax-Free Bond Fund(MDS)

223,737,820

   

New Jersey Tax-Free Bond Fund (NJB)

279,032,731

   

New York Tax-Free Bond Fund (NYB)

410,407,762

   

New York Tax-Free Money Fund (NYM)

81,141,949

   

Virginia Tax-Free Bond Fund (VAB)

941,061,077

   

T. Rowe Price Strategic Income Fund, Inc.

258,519,259

258,519,259

0.06%

750,000

T. Rowe Price Summit Funds, Inc.

 

5,568,989,848

1.35%

2,500,000

T. Rowe Price Summit Cash Reserves Fund (SCR)

5,320,859,611

   

T. Rowe Price Summit GNMA Fund (SGM)

248,130,237

   

T. Rowe Price Summit Municipal Funds, Inc.

 

3,047,313,017

0.74%

2,100,000

T. Rowe Price Summit Municipal Money

207,756,979

   

Market Fund (SMM)

    

T. Rowe Price Summit Municipal Intermediate

2,124,747,222

   

Fund (SMT)

    

T. Rowe Price Summit Municipal Income Fund (SMI)

714,808,816

   

T. Rowe Price Tax-Efficient Equity Fund, Inc. (TMC)

92,627,044

92,627,044

0.02%

450,000

T. Rowe Price Tax-Exempt Money Fund, Inc. (TEM)

933,095,804

933,095,804

0.23%

1,000,000

T. Rowe Price Tax-Free High Yield Fund, Inc (TFH)

2,234,232,573

2,234,232,573

0.54%

1,700,000

T. Rowe Price Tax-Free Income Fund, Inc. (TFI)

2,890,607,433

2,890,607,433

0.70%

1,900,000

T. Rowe Price Tax-Free Short-Intermediate Fund,

1,870,434,102

1,870,434,102

0.45%

1,500,000

Inc. (TFS)

    

T. Rowe Price U.S. Bond Enhanced Index Fund, Inc. (UBX)

935,489,263

935,489,263

0.23%

1,000,000

T. Rowe Price U.S. Large-Cap Core Fund, Inc. (LCF)

42,586,682

42,586,682

0.01%

350,000

T. Rowe Price U.S. Treasury Funds, Inc.

 

2,991,102,633

0.72%

1,900,000

U.S. Treasury Intermediate Fund (UST)

630,874,073

   

U.S. Treasury Long-Term Fund (USL)

536,245,391

   

U.S. Treasury Money Fund (UST)

1,823,983,169

   

T. Rowe Price Value Fund, Inc. (VAL)

12,625,826,429

12,625,826,429

3.06%

2,500,000

Totals

413,038,369,796

413,038,369,796

100.00%

110,600,000

dl khnsur/sec/compJune I 2. Xis