TRSGX Fees and Costs — T. Rowe Price Spectrum Moderate Growth Allocation Fund
Data updated: 2026-08-12
The net expense ratio is 0.78% (0.92% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $836K in broker commissions, 0.0214% of average net assets, and portfolio turnover was 53%.
TRSGX Fees and Expenses
Annual operating expenses and sales charges of TRSGX. Prospectus, as of July 27, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.58% |
| 12b-1 fee | — |
| Other expenses | 0.18% |
| Gross expense ratio | 0.92% |
| Fee waiver | −0.14% |
| Net expense ratio | 0.78% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
TRSGX Costs Over Time
On $10,000 invested in TRSGX, assuming 5% a year before costs, total costs come to $503 over 5 years, cutting the return by 0.84% 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 0.78%) | $82 | $256 | $445 |
| Trading costs (broker commissions) | $2 | $7 | $12 |
| Lost growth on money paid in costs | $0 | $13 | $46 |
| Total costs | $84 | $276 | $503 |
| Value after costs | $10,416 | $11,300 | $12,260 |
| Impact on return, per year | 0.84% | 0.84% | 0.84% |
TRSGX 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): 0.0214%
- Total broker commissions: $836K
- Bought from dealers (principal trades, not a cost): $994.0M
- Portfolio turnover (prospectus): 53%
- Securities on loan, average value: $20.5M
- Net income from securities lending: $98K (0.003% of average net assets)
TRSGX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. MORGAN SECURITIES LLC | $88K | 16.66% |
| MORGAN STANLEY & CO. LLC | $86K | 16.33% |
| GOLDMAN SACHS & CO. LLC | $73K | 13.87% |
| JEFFERIES LLC | $52K | 9.89% |
| UBS AG | $50K | 9.52% |
| Citigroup Inc. | $49K | 9.34% |
| BOFA SECURITIES, INC. | $45K | 8.47% |
| BARCLAYS CAPITAL INC. | $30K | 5.64% |
| RBC Capital Markets, LLC | $28K | 5.38% |
| BMO Capital Markets Corp. | $26K | 4.89% |
TRSGX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES, LLC | $178.9M | 20.95% |
| GOLDMAN SACHS & CO. LLC | $173.7M | 20.35% |
| MORGAN STANLEY & CO. LLC | $153.3M | 17.95% |
| J.P. MORGAN SECURITIES LLC | $69.2M | 8.10% |
| STONEX FINANCIAL INC. | $67.5M | 7.91% |
| BARCLAYS CAPITAL INC. | $54.4M | 6.37% |
| Citigroup Inc. | $51.0M | 5.98% |
| BNP PARIBAS | $41.0M | 4.81% |
| BMO Capital Markets Corp. | $34.7M | 4.07% |
| BOFA SECURITIES, INC. | $30.0M | 3.51% |
T. Rowe Price Spectrum Moderate Growth 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 |
|---|---|---|---|
| TGIPX | I Class | 0.63% | — |
| TRSGX | T. Rowe Price Spectrum Moderate Growth Allocation Fund | 0.78% | — |
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.