The state of Virginia does not tax the portion of a mutual fund’s dividend that is derived from foreign sources for Virginia corporations.

To calculate Virginia foreign-source income for T. Rowe Price funds, multiply the percent shown on the table below by the amount of your total ordinary dividends.

T. Rowe Price Domestic Stock Funds
  VA Foreign-Source Income Percentage
Balanced (All Quarters) 29.10%
Blue Chip Growth 10.00%
Capital Appreciation   5.35%
Capital Opportunity   3.27%
Diversified Mid-Cap Growth
Diversified Small-Cap Growth
Dividend Growth (All Quarters)   8.78%
Equity Income (All Quarters) 17.27%
Equity Index 500 (All Quarters)   3.79%
Extended Equity Market Index   2.76%
Financial Services 20.98%
Growth & Income (All Quarters) 13.89%
Growth Stock
Health Sciences
Media & Telecommunications 58.58%
Mid-Cap Growth
Mid-Cap Value   4.02%
New America Growth
New Era 14.90%
New Horizons
Personal Strategy Balanced (All Quarters) 23.37%
Personal Strategy Growth 27.02%
Personal Strategy Income (All Quarters) 18.41%
Real Assets 53.17%
Real Estate (All Quarters)
Science & Technology
Small-Cap Stock   0.45%
Small-Cap Value   1.86%
Tax-Efficient Equity   2.30%
Total Equity Market Index   3.59%
U.S. Large-Cap Core   0.64%
Value   5.64%
T. Rowe Price Taxable Bond Funds
  VA Foreign-Source Income Percentage
Corporate Income 19.19%
Credit Opportunities 24.70%
Emerging Markets Bond 98.62%
Emerging Markets Corporate Bond 94.07%
Emerging Markets Local Currency Bond 100.00%
Floating Rate 5.51%
High Yield 23.25%
Inflation Protected Bond   1.46%
International Bond N/A
New Income 16.19%
Prime Reserve 26.34%
Short-Term Bond 20.83%
Strategic Income 39.41%
Summit Cash Reserves 26.13%
Summit GNMA
Ultra Short-Term Bond 26.64%
U.S. Bond Enhanced Index 11.80%
U.S. Treasury Intermediate
U.S. Treasury Long-Term
U.S. Treasury Money
T. Rowe Price Tax-Free Bond Funds
  VA Foreign-Source Income Percentage
California Tax-Free Bond
California Tax-Free Money N/A
Georgia Tax-Free Bond
Intermediate Tax-Free High Yield
Maryland Short-Term Tax-Free Bond N/A
Maryland Tax-Free Bond N/A
Maryland Tax-Free Money N/A
New Jersey Tax-Free Bond N/A
New York Tax-Free Bond N/A
New York Tax-Free Money N/A
Summit Municipal Income
Summit Municipal Intermediate
Summit Municipal Money Market N/A
Tax-Exempt Money N/A
Tax-Free High Yield
Tax-Free Income
Tax-Free Short-Intermediate N/A
Virginia Tax-Free Bond N/A
T. Rowe Price International Stock Funds
  VA Foreign-Source Income Percentage
Africa & Middle East 100.00%
Asia Opportunities 100.00%
Emerging Europe 100.00%
Emerging Markets Stock  94.89%
European Stock 100.00%
Global Allocation  23.94%
Global Growth Stock  18.55%
Global Industrials 100.00%
Global Infrastructure  21.63%
Global Real Estate (All Quarters)  64.99%
Global Stock  51.24%
Global Technology
International Concentrated Equity  71.54%
International Discovery  94.41%
International Equity Index  99.07%
International Growth & Income  93.01%
International Stock  70.41%
Japan  92.41%
Latin America 100.00%
New Asia 100.00%
Overseas Stock   99.05%
T. Rowe Price Retirement and Spectrum Funds
  VA Foreign-Source Income Percentage
Retirement 2005 13.37%
Retirement 2010 15.05%
Retirement 2015 19.07%
Retirement 2020 22.71%
Retirement 2025 26.58%
Retirement 2030 28.80%
Retirement 2035 30.69%
Retirement 2040 34.58%
Retirement 2045 33.26%
Retirement 2050 35.43%
Retirement 2055 34.83%
Retirement 2060 36.13%
Retirement Balanced1 15.90%
Spectrum Growth 41.31%
Spectrum Income
Spectrum International 89.64%
Target Retirement 2005 14.08%
Target Retirement 2010 16.01%
Target Retirement 2015 19.88%
Target Retirement 2020 23.50%
Target Retirement 2025 25.72%
Target Retirement 2030 25.87%
Target Retirement 2035 26.97%
Target Retirement 2040 31.10%
Target Retirement 2045 32.76%
Target Retirement 2050 34.72%
Target Retirement 2055 35.92%
Target Retirement 2060 36.33%
T. Rowe Price Variable Annuity Portfolios2
  VA Foreign-Source Income Percentage
Blue Chip Growth Portfolio N/A
Equity Income Portfolio (All Quarters) 17.29%
Equity Index 500 Portfolio (All Quarters) 3.78%
Health Sciences Portfolio
International Stock Portfolio 95.02%
Limited-Term Bond Portfolio 20.97%
Mid-Cap Growth Portfolio
New America Growth Portfolio
Personal Strategy Balanced Portfolio (All Quarters) 20.07%
Prime Reserve Portfolio N/A

Percentages are the same for all fund classes (Investor, Advisor, R, and II).

N/A indicates that a fund did not pay a dividend or short-term capital gain.

A dash indicates that the fund paid a dividend or short-term capital gain, but the income was not from a foreign source.

For information on the T. Rowe Price Advisor- and R-Class funds, please visit our website for financial intermediaries at

1Formerly T. Rowe Price Retirement Income Fund.

2For existing clients who are considering an exchange or investment into a new portfolio and would like to request a prospectus, please call 1-800-469-6587. The prospectus includes investment objectives, risks, fees, expenses, and other information that should be read and considered carefully before investing.

The T. Rowe Price No-Load Variable Annuity is issued by Security Benefit Life Insurance Company (Form V6021). In New York, it is issued by First Security Benefit Life Insurance and Annuity Company of New York, White Plains, New York (FSB201 - 11/96). Security Benefit Life is not licensed in New York and does not solicit business in New York. The Variable Annuity, which has been available since April 1995, and in New York since November 1995, has limitations; contact your representative. It was distributed previously by T. Rowe Price Investment Services, Inc., and T. Rowe Price Insurance Agency, Inc., and is no longer available to new contract holders. The underlying portfolios are managed by T. Rowe Price Associates, Inc. The Security Benefit Group of companies and the T. Rowe Price companies are not affiliated.