VT T. Rowe Price® Growth Stock Fund, Class Advisor1,2,3 | 5UFund Code |
NOTE: The VT T. Rowe Price® Growth Stock Fund invests 100 percent of assets in the T. Rowe Price® Growth Stock (Advisor Class). | |
Objective: The investment seeks long-term growth of capital; income is secondary. The fund normally invests at least 80% of assets in the common stocks of a diversified group of growth companies. It mostly seeks investments in companies that have the ability to pay increasing dividends through strong cash flow. The fund generally looks for companies with an above-average rate of earnings growth and a lucrative niche in the economy. While it invests most assets in U.S. common stocks, the fund may also purchase other securities including foreign stocks, futures, and options.
Fund Facts
| Ticker Symbol: | TRSAX |
| Inception Date: | December 31, 2001 |
| Morningstar Category | Large Growth |
| As of Aug 31, 2009 | |
| Total Net Assets ($millions) | $1,647 |
Expense RatioAs of May 1, 2009
| Gross Expense Ratio | 0.94% | |
| Net Expense Ratio | 0.94% | |
Documents
ProspectusPerformance
Standard PerformanceAs of Sep 30, 2009
| Fund/Benchmark Name | 3rd Qtr | YTD | 1-Yr | 3-Yr | 5-Yr | 10-Yr | Since Inception |
|---|---|---|---|---|---|---|---|
| VT TRPrice Growth Stock Adv | 13.91% | 31.07% | 0.09% | -3.90% | 2.23% | N/A | 1.41% |
| Standard & Poors 500 Indexa | 15.61% | 19.26% | -6.91% | -5.43% | 1.02% | -0.15% | N/A |
| Morningstar Large Growthb | 14.76% | 27.04% | -2.69% | -3.25% | 1.77% | -0.64% | N/A |
Returns for periods greater than one year are annualized. The performance data quoted represents past performance. Past performance is no guarantee of future results. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data illustrated. For performance data current to the most recent month end, contact ICMA-RC Services, LLC by calling 800-669-7400 or by writing to 777 North Capitol Street, NE, Washington, DC 20002-4240. Para asistencia en Español llame al 800-669-8216. Performance data current to the most recent quarter end is available by visiting www.icmarc.org. | |||||||
Indexes are not available for direct investment, are unmanaged, and do not reflect the costs of portfolio management or trading. A fund's portfolio may differ significantly from the securities held in the indexes. | |
| a. | The Standard & Poors 500 Index (S&P 500) consists of 500 stocks representing larger capitalization companies traded in the U.S. |
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| b. | The Morningstar Large Growth Funds Average is an equal-weighted average of all Large Growth funds, as identified by Morningstar, Inc. |
Morningstar Classifications and Ratings
Morningstar Category: Large Growth
Morningstar Rating‡As of Sep 30, 2009
| Stars | Category Size | |
|---|---|---|
| Overall |  | 1515 |
| 5-Year | | 1255 |
| 3-Year | | 1515 |
Morningstar StyleboxAs of Sep 30, 2009
| Equity Stylebox | ||||||||||||||||
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Allocation of Assets**As of Jun 30, 2009
| Type of Asset | % |
|---|---|
| Equity | 95% |
| Fixed Income | 0% |
| Cash/Other | 5% |
**Due to rounding, percentages shown may not add up to 100%.
‡For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. Past performance is no guarantee of future results. |
Copyright © 2009 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc., is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data. |
Characteristics
Top Ten HoldingsAs of Jun 30, 2009
| Holding Name | Percent |
|---|---|
| Apple, Inc. | 5.0% |
| Amazon.com, Inc. | 4.3% |
| Google, Inc. | 4.0% |
| Danaher Corporation | 3.2% |
| Medco Health Solutions, Inc. | 3.1% |
| Qualcomm, Inc. | 2.4% |
| Gilead Sciences, Inc. | 2.3% |
| Schlumberger, Ltd. | 1.9% |
| Express Scripts | 1.9% |
| Crown Castle International Corporation | 1.8% |
Allocation of Assets**As of Jun 30, 2009
| Asset Class | Percent |
|---|---|
| Domestic Stock | 87.6% |
| Foreign Stock | 7.2% |
| Domestic Bond | 0.0% |
| Foreign Bond | 0.0% |
| Preferred | 0.0% |
| Convertible | 0.0% |
| Cash | 5.1% |
| Other | 0.0% |
**Due to rounding, percentages shown may not add up to 100%.
Sector Distribution**As of Jun 30, 2009
| Sector | Percent |
|---|---|
| Consumer Services | 15.3% |
| Telecom | 14.1% |
| Financial Services | 9.9% |
| Healthcare | 9.8% |
| Hardware | 9.8% |
| Business Services | 9.3% |
| Industrial Materials | 8.2% |
| Energy | 7.4% |
| Consumer Goods | 6.1% |
| Software | 3.4% |
| Media | 1.6% |
| Utilities | 0.0% |
**Due to rounding, percentages shown may not add up to 100%.
Copyright © 2009 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc., is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data. |
Statistics
Portfolio Statistics
| Statistic | Value |
|---|---|
| As Of Date: Aug 31, 2009 | |
| Total Net Assets ($millions) | $1,647 |
| As Of Date: Sep 30, 2009 | |
| Beta (5-year) | 1.00 |
| Alpha (5-year) | 1.36 |
| Standard Deviation (3-year) | 20.58 |
Copyright © 2009 Morningstar, Inc.® All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Morningstar, Inc., is a global investment research firm that is not affiliated with ICMA-RC. ICMA-RC does not independently verify Morningstar data. |
Description
Principal Investment StrategiesAs of Sep 30, 2009
ManagementAs of Sep 30, 2009
Company
T. Rowe Price Growth Stock Fund, Inc.
100 East Pratt Street
Baltimore MD 21202
USA
www.troweprice.com
Asset Manager
- Paul Bartolo
General Disclaimers
Some of the information in this profile was obtained from third-party sources. Although the information from third parties is believed to be accurate, it has not been independently verified by ICMA-RC.
Investment information can change rapidly and the changes can be significant, particularly in volatile markets. For this reason, "as of" dates are provided for sections and also for specific data where applicable. After the dates provided, the information should not be considered current.
A redemption fee may be assessed when you sell shares in a mutual fund. Regardless, all funds are monitored for frequent trading. Please refer to the Fund's prospectus for guidance on redemption fee and frequent trading terms. Also, refer to ICMA-RC's Frequent Trading Policy for more information.
Please consult both the current applicable prospectus and MAKING SOUND INVESTMENT DECISIONS: A Retirement Investment Guide carefully for a complete summary of all fees, expenses, charges, financial highlights, investment objectives, risks and performance information. Investing in mutual funds and other investment vehicles involves risk, including possible loss of the amount invested. Investors should consider the Fund's investment objectives, risks, charges and expenses before investing or sending money. The prospectus contains this and other information about the investment company. Please read the prospectus carefully before investing. All Vantagepoint Funds invested through 401 or 457 plans are held through VantageTrust. Vantagepoint Funds are distributed by ICMA-RC Services LLC, a wholly owned broker-dealer subsidiary of ICMA-RC and member FINRA/SIPC. For a current prospectus, contact ICMA-RC Services, LLC.
To contact ICMA-RC Services, LLC call 800-669-7400 (TDD: 800-669-7471) or write to 777 North Capitol Street, NE, Washington, DC 20002-4240. You may also visit us on the Web at www.icmarc.org. Para asistencia en Español llame al 800-669-8216.
Fund Specific Footnotes
| 1. | Returns provided by Morningstar, Inc.™ Copyright © 2009. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. ICMA-RC does not independently verify Morningstar data. |
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| 2. | This VantageTrust fund invests solely in the shares of a single designated third-party mutual fund. |
| 3. | T. Rowe Price® is a registered trademark of T. Rowe Price Group, Inc. - all rights reserved. |