T. Rowe Price Blue Chip Growth Fund

Shareclass
T. Rowe Price Blue Chip Growth (TRBCX)
Type
Open-end mutual fund
Deforestation grade: Fund is invested in deforestation-risk banks and lenders and/or major consumer brands, but no holdings flagged for our deforestation-risk agricultural commodity producer/trader screen. Assigned a grade of B.
How we track deforestation-risk investments
B
11.63%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
9
holdings flagged
12%
of assets flagged
This fund contains
 $6.41 BILLION invested 
in holdings flagged for deforestation risk
T. Rowe Price has huge investments in companies like Sysco, Tyson, Hormel and Sumitomo Rubber that grow, trade or use palm oil, cattle, rubber and soy in their products but have failed to eliminate deforestation from their operations. This means T. Rowe Price has a key role to play in voting for No Deforestation policies at these companies and engaging with company management to make sure these policies are implemented. In order to do that, T. Rowe Price needs to get its own house in order. Tell T. Rowe Price to adopt a No Deforestation Policy!
Sign the petition
producers
Commodity producers
0 holdings
0% of assets
$0 invested
banks
Banks and lenders
1 holdings
0.47% of assets
$260.53 MILLION invested
consumers
Major consumer brands
8 holdings
11% of assets
$6.14 BILLION invested
No holdings icon
Commodity producers
0 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
Banks and lenders
Banks and lenders
1 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
1 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Morgan Stanley
    0.47%0.47% of portfolio
    $260.53M$260.53M invested
Major consumer brands
Major consumer brands
8 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
8 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Amazon.com Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    8.09%8.09% of portfolio
    $4.46B$4.46B invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Chipotle Mexican Grill Inc
    Soy major consumer brandCattle major consumer brand
    0.94%0.94% of portfolio
    $517.31M$517.31M invested
    Soy major consumer brandCattle major consumer brand
  • 3. Dollar General Corp
    Palm oil major consumer brand
    0.63%0.63% of portfolio
    $349.49M$349.49M invested
    Palm oil major consumer brand
  • 4. TJX Companies Inc
    Cattle major consumer brandTimber major consumer brandPaper/pulp major consumer brand
    0.45%0.45% of portfolio
    $248.05M$248.05M invested
    Cattle major consumer brandTimber major consumer brandPaper/pulp major consumer brand
  • 5. Nike Inc Class B
    Cattle major consumer brandPaper/pulp major consumer brand
    0.29%0.29% of portfolio
    $156.94M$156.94M invested
    Cattle major consumer brandPaper/pulp major consumer brand
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DATA AS OF 31 Dec 2023
Financial performance
Performance data provided byMorningstarFind more financial data on TRBCX at Morningstar.com
Current fund
TRBCX
T. Rowe Price Blue Chip Growth Fund
Family
T. Rowe Price
Category
Large Growth
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 2/29/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
0.63% more in annualized returns
Less invested in commodity producers 
0.21% less invested
Less invested in banks and lenders 
1.84% less invested
Less invested in major consumer brands 
1.16% less invested
Current fund
TRBCX
T. Rowe Price Blue Chip Growth Fund
Family
T. Rowe Price
Category
Large Growth
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 2/29/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
0.63% more in annualized returns
Less invested in commodity producers 
0.21% less invested
Less invested in banks and lenders 
1.84% less invested
Less invested in major consumer brands 
1.16% less invested
Current fund
TRBCX
T. Rowe Price Blue Chip Growth Fund
Family
T. Rowe Price
Category
Large Growth
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 2/29/24
1 year
3 years
5 years
10 years
Benchmark
Suggested: S&P 500
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
Higher 10-yr returns 
0.63% more in annualized returns
Less invested in commodity producers 
0.21% less invested
Less invested in banks and lenders 
1.84% less invested
Less invested in major consumer brands 
1.16% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
TRBCX - T. Rowe Price Blue Chip Growth Fund
55%
6.24%
13%
13%
0% 
Benchmark
IVV - iShares Core S&P 500 ETF
30%
12%
15%
13%
0.21% 
Fund compared to benchmark
 
25%
-5.64%
-1.68%
0.63%
0.21%  lower
Find more financial data on TRBCX at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
More from Invest Your Values
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