PRSIX Fees and Costs — T. Rowe Price Spectrum Conservative Allocation Fund
Data updated: 2026-08-12
The net expense ratio is 0.66% (0.86% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $227K in broker commissions, 0.0114% of average net assets, and portfolio turnover was 65%.
PRSIX Fees and Expenses
Annual operating expenses and sales charges of PRSIX. Prospectus, as of July 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.43% |
| 12b-1 fee | — |
| Other expenses | 0.18% |
| Gross expense ratio | 0.86% |
| Fee waiver | −0.20% |
| Net expense ratio | 0.66% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PRSIX Costs Over Time
On $10,000 invested in PRSIX, assuming 5% a year before costs, total costs come to $423 over 5 years, cutting the return by 0.70% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.66%) | $69 | $217 | $378 |
| Trading costs (broker commissions) | $1 | $4 | $7 |
| Lost growth on money paid in costs | $0 | $11 | $39 |
| Total costs | $70 | $232 | $423 |
| Value after costs | $10,430 | $11,345 | $12,340 |
| Impact on return, per year | 0.70% | 0.70% | 0.70% |
PRSIX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0114%
- Total broker commissions: $227K
- Bought from dealers (principal trades, not a cost): $1.3B
- Portfolio turnover (prospectus): 65%
- Securities on loan, average value: $5.2M
- Net income from securities lending: $26K (0.001% of average net assets)
PRSIX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $26K | 17.44% |
| J.P. MORGAN SECURITIES LLC | $25K | 16.71% |
| GOLDMAN SACHS & CO. LLC | $23K | 15.47% |
| Citigroup Inc. | $15K | 9.94% |
| JEFFERIES LLC | $13K | 8.89% |
| BOFA SECURITIES, INC. | $13K | 8.65% |
| UBS AG | $12K | 8.44% |
| BARCLAYS CAPITAL INC. | $7K | 5.07% |
| RBC Capital Markets, LLC | $7K | 4.91% |
| BMO Capital Markets Corp. | $7K | 4.49% |
PRSIX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES, LLC | $239.4M | 22.15% |
| GOLDMAN SACHS & CO. LLC | $238.3M | 22.05% |
| MORGAN STANLEY & CO. LLC | $169.1M | 15.65% |
| Citigroup Inc. | $82.8M | 7.66% |
| STONEX FINANCIAL INC. | $78.2M | 7.24% |
| J.P. MORGAN SECURITIES LLC | $75.1M | 6.95% |
| BARCLAYS CAPITAL INC. | $67.4M | 6.24% |
| BNP PARIBAS | $55.9M | 5.18% |
| BOFA SECURITIES, INC. | $40.7M | 3.77% |
| BMO Capital Markets Corp. | $33.8M | 3.13% |
T. Rowe Price Spectrum Conservative Allocation Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PPIPX | I Class | 0.53% | — |
| PRSIX | T. Rowe Price Spectrum Conservative Allocation Fund | 0.66% | — |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.