What are the fees and expenses associated with T. Rowe Price funds?

The fees and expenses associated with T. Rowe Price funds vary depending on the specific fund and share class chosen. Generally, the expenses include management fees, distribution and service (12b-1) fees, administrative fees, and other operating expenses. These costs are deducted from the fund's assets, which could impact the overall performance and return. The management fees cover the investment management and advisory services provided by T. Rowe Price, while 12b-1 fees may apply for distribution and marketing expenses. Administrative fees are related to account maintenance and record-keeping services. It's important to thoroughly review each fund's prospectus to understand the specific fee structure before making an investment decision. T. Rowe Price is committed to providing transparent information regarding fees and expenses for each fund.