T. Rowe Price is an asset management firm focused on delivering global investment management excellence and retirement services that investors can rely on„now, and over the long term. Headquartered in Baltimore, Maryland, we provide an array of mutual funds, subadvisory services, separate account management, recordkeeping, and related services for individuals, advisors, institutions, and retirement plan sponsors. The core principle on which T. Rowe Price, Jr., founded the firm in 1937 _ that his companyÍs success should follow from the success it achieves for its clients _ continues to guide us today. We believe that adhering to such enduring principles produces a more reliable investment approach for our clients. Our disciplined approach to managing investments is rooted in proprietary research carried out by experienced professionals. We seek consistent and competitive performance that balances risk and reward. And we nurture a culture that encourages collaboration and diverse thinking in the pursuit of durable solutions. Our business is affected by the communities in which we live and work. We help by developing financial capabilities within them, conducting business responsibly, and empowering our associates to have a meaningful impact. At T. Rowe Price, associates work together in a culture that encourages diversity of thought and open debate in the pursuit of well-considered solutions for clients. Our disciplined approach to managing investments is rooted in proprietary fundamental research, carried out by experienced professionals, and focused on consistent competitive performance that balances risk and reward. For House Rules, visit: http://trowe.com/T4VkVr Download a prospectus for any T. Rowe Price mutual fund, which includes investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing: http://individual.troweprice.com/public/Retail/Mutual-Funds/hProspectuses&Reports/Prospectuses-&-Reports. Please remember that investing involves risk, including possible loss of principal and past performance cannot guarantee future results.