0001741773-22-002427.txt : 20220726 0001741773-22-002427.hdr.sgml : 20220726 20220726083414 ACCESSION NUMBER: 0001741773-22-002427 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20220726 DATE AS OF CHANGE: 20220726 EFFECTIVENESS DATE: 20220726 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: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-99241 FILM NUMBER: 221104974 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 International Funds, Inc. CENTRAL INDEX KEY: 0000313212 IRS NUMBER: 521175211 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-65539 FILM NUMBER: 221104980 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 Short-Term Bond Fund, Inc. CENTRAL INDEX KEY: 0000731890 IRS NUMBER: 521332477 STATE OF INCORPORATION: MD FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-87568 FILM NUMBER: 221104977 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 SHORT TERM BOND FUND INC DATE OF NAME CHANGE: 19920703 FILER: COMPANY DATA: COMPANY CONFORMED NAME: T. Rowe Price Total Return Fund, Inc. CENTRAL INDEX KEY: 0001681576 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-213574 FILM NUMBER: 221104975 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 Spectrum Funds II, Inc. CENTRAL INDEX KEY: 0000923084 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-53675 FILM NUMBER: 221104976 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 Personal Strategy Funds, Inc. DATE OF NAME CHANGE: 20051028 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 Limited-Duration Inflation Focused Bond Fund, Inc. CENTRAL INDEX KEY: 0001368135 IRS NUMBER: 510593985 FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-136805 FILM NUMBER: 221104979 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 Focused Bond Fund, Inc. DATE OF NAME CHANGE: 20100706 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 New Income Fund, Inc. CENTRAL INDEX KEY: 0000080249 IRS NUMBER: 520980581 STATE OF INCORPORATION: MD FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 002-48848 FILM NUMBER: 221104978 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 Global Funds, Inc. CENTRAL INDEX KEY: 0000852254 IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 033-29697 FILM NUMBER: 221104981 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: 20051028 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 0000080249 S000002136 T. Rowe Price New Income Fund, Inc. C000005529 T. Rowe Price New Income Fund, Inc. PRCIX C000005530 T. Rowe Price New Income Fund-Advisor Class PANIX C000005531 T. Rowe Price New Income Fund-R Class RRNIX C000159679 T. Rowe Price New Income Fund-I Class PRXEX C000219349 T. Rowe Price New Income Fund-Z Class TRVZX 0000313212 S000001490 T. Rowe Price Emerging Markets Bond Fund C000004009 T. Rowe Price Emerging Markets Bond Fund PREMX C000159127 T. Rowe Price Emerging Markets Bond Fund-Advisor Class PAIKX C000159128 T. Rowe Price Emerging Markets Bond Fund-I Class PRXIX C000219336 T. Rowe Price Emerging Markets Bond Fund-Z Class TREZX 0000313212 S000037100 T. Rowe Price Emerging Markets Corporate Bond Fund C000114216 T. Rowe Price Emerging Markets Corporate Bond Fund-Advisor Class PACEX C000114217 T. Rowe Price Emerging Markets Corporate Bond Fund TRECX C000166323 T. Rowe Price Emerging Markets Corporate Bond Fund-I Class TECIX 0000731890 S000002141 T. Rowe Price Short-Term Bond Fund, Inc. C000005536 T. Rowe Price Short-Term Bond Fund, Inc. PRWBX C000005537 T. Rowe Price Short-Term Bond Fund-Advisor Class PASHX C000166333 T. Rowe Price Short-Term Bond Fund-I Class TBSIX C000225824 T. Rowe Price Short-Term Bond Fund-Z Class TRZOX 0000731890 S000039055 T. Rowe Price Ultra Short-Term Bond Fund C000119983 T. Rowe Price Ultra Short-Term Bond Fund TRBUX C000193195 T. Rowe Price Ultra Short-Term Bond Fund-I Class TRSTX C000225825 T. Rowe Price Ultra Short-Term Bond Fund-Z Class TRZWX 0000731890 S000069612 T. Rowe Price Short Duration Income Fund C000222038 T. Rowe Price Short Duration Income Fund TSDLX C000222039 T. Rowe Price Short Duration Income Fund-I Class TSIDX 0000852254 S000014469 T. Rowe Price Institutional Emerging Markets Bond Fund C000039420 T. Rowe Price Institutional Emerging Markets Bond Fund TREBX 0000923084 S000002137 T. Rowe Price Spectrum Moderate Allocation Fund C000005532 T. Rowe Price Spectrum Moderate Allocation Fund TRPBX C000169938 T. Rowe Price Spectrum Moderate Allocation Fund-I Class TPPAX 0000923084 S000002138 T. Rowe Price Spectrum Moderate Growth Allocation Fund C000005533 T. Rowe Price Spectrum Moderate Growth Allocation Fund TRSGX C000169939 T. Rowe Price Spectrum Moderate Growth Allocation Fund-I Class TGIPX 0000923084 S000002139 T. Rowe Price Spectrum Conservative Allocation Fund C000005534 T. Rowe Price Spectrum Conservative Allocation Fund PRSIX C000169940 T. Rowe Price Spectrum Conservative Allocation Fund-I Class PPIPX 0001181628 S000002133 T. Rowe Price Inflation Protected Bond Fund, Inc. C000005526 T. Rowe Price Inflation Protected Bond Fund, Inc. PRIPX C000166332 T. Rowe Price Inflation Protected Bond Fund-I Class TIIPX C000225818 T. Rowe Price Inflation Protected Bond Fund-Z Class TRZHX 0001368135 S000013369 T. Rowe Price Limited Duration Inflation Focused Bond Fund, Inc. C000036131 T. Rowe Price Limited Duration Inflation Focused Bond Fund, Inc. TRBFX C000161061 T. Rowe Price Limited Duration Inflation Focused Bond Fund-I Class TRLDX C000219321 T. Rowe Price Limited-Duration Inflation Focused Bond Fund-Z Class TRPZX 0001681576 S000055582 T. Rowe Price Total Return Fund C000174964 T. Rowe Price Total Return Fund PTTFX C000174965 T. Rowe Price Total Return Fund--Advisor Class PTATX C000174966 T. Rowe Price Total Return Fund--I Class PTKIX 497 1 c497.htm

T. Rowe Price Funds

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

October 1, 2021

T. Rowe Price Inflation Protected Bond Fund

T. Rowe Price Limited Duration Inflation Focused Bond Fund

T. Rowe Price New Income Fund

T. Rowe Price Short Duration Income Fund

T. Rowe Price Short-Term Bond Fund

T. Rowe Price Spectrum Conservative Allocation Fund

T. Rowe Price Spectrum Moderate Allocation Fund

T. Rowe Price Spectrum Moderate Growth Allocation Fund

T. Rowe Price Total Return Fund

T. Rowe Price Ultra Short-Term Bond Fund

May 1, 2022

T. Rowe Price Emerging Markets Bond Fund

T. Rowe Price Emerging Markets Corporate Bond Fund

T. Rowe Price Institutional Emerging Markets Bond Fund

In the Summary Prospectus and Section 1 of the Prospectus, the portfolio manager table under “Management” is supplemented as follows:

Effective September 1, 2022, T. Rowe Price International Ltd (Price International) will be added as an investment subadviser to the fund.

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

Effective September 1, 2022, T. Rowe Price will enter into a subadvisory agreement with Price International under which Price International is authorized to trade securities and make discretionary investment decisions on behalf of the fund. Price International is registered with the SEC as an investment adviser, and is authorized or licensed by the United Kingdom Financial Conduct Authority and other global regulators. Price International sponsors and serves as adviser to foreign collective investment schemes and provides investment management services to registered investment companies and other institutional investors. Price International is headquartered in London and has several branch offices around the world. Price

International is a direct subsidiary of T. Rowe Price and its address is 60 Queen Victoria Street, London EC4N 4TZ, United Kingdom.

The date of this supplement is July 26, 2022.

G38-041 7/26/2022