Here are the scheduled dates for regular dividend and capital gains distributions for T. Rowe Price funds.

Distribution Information
Declaration/Record Date—Shareholders must own shares on the record date to be eligible to receive a declared distribution. Funds announce the amount of the dividend to be paid to investors on the declaration date.

Ex-Dividend and Reinvestment Date—Each fund's share price (net asset value) is reduced by the amount of the per-share distribution on this date. Distribution amounts are reinvested in fund shares on this date for shareholders who elect this option.

Payment Date—Distribution amounts are mailed by check on this date to shareholders of record who receive distributions in cash.

Next Business Day After Payment Date—Each fund's per-share distribution amounts are available on Tele*Access® and our website on this date.

Two Business Days After Payment Date—Shareholder accounts are updated on this date to show exact distribution amounts and may be accessed through Tele*Access or at troweprice.com/access.

Quarterly Dividend and Capital Gains Distribution Dates
T. Rowe Price Funds Declaration/ Record Date Ex-Dividend/ Reinvestment Date Payment Date
Quarterly Stock Funds1 Mar. 28, 2016 Mar. 29, 2016 Mar. 30, 2016
Quarterly Stock Funds June 27, 2016 June 28, 2016 June 29, 2016
Quarterly Stock Funds Sept. 27, 2016 Sept. 28, 2016 Sept. 29, 2016
1 December 31 year-end funds with quarterly distributions and February 28 year-end municipal bond funds may declare a capital-gains distribution.
Year-End Dividend and Capital Gains Distribution Dates
Domestic Taxable Bond and Money Market Funds
Declaration/Record Date: December 6, 2016
Ex-Dividend and Reinvestment Date: December 7, 2016
Payment Date: December 8, 2016
Domestic Taxable Bond and Money Market Funds
T. Rowe Price Funds Ticker
Symbol
Corporate Income PRPIX
Credit Opportunities PRCPX
Floating Rate PRFRX
GNMA PRGMX
High Yield PRHYX
Inflation Protected Bond PRIPX
Limited Duration Inflation Focused Bond TRBFX
New Income
PRCIX
Prime Reserve
PRRXX
Short-Term Bond
PRWBX
Summit Cash Reserves
TSCXX
Ultra Short-Term Bond TRBUX
U.S. Bond Enhanced Index PBDIX
U.S. Treasury Intermediate PRTIX
U.S. Treasury Long-Term PRULX
U.S. Treasury Money PRTXX
Domestic Tax-Free Bond and Money Market Funds
Declaration/Record Date: December 6, 2016
Ex-Dividend and Reinvestment Date: December 7, 2016
Payment Date: December 8, 2016
Domestic Tax-Free Bond and Money Market Funds
T. Rowe Price Funds Ticker
Symbol
California Tax-Free Bond PRXCX
California Tax-Free Money PCTXX
Georgia Tax-Free Bond GTFBX
Intermediate Tax-Free High Yield
PRIHX
Maryland Short-Term Tax-Free Bond PRMDX
Maryland Tax-Free Bond MDXBX
Maryland Tax-Free Money TMDXX
New Jersey Tax-Free Bond NJTFX
New York Tax-Free Bond PRNYX
New York Tax-Free Money NYTXX
Summit Municipal Income PRINX
Summit Municipal Intermediate PRSMX
Summit Municipal Money Market TRSXX
Tax-Exempt Money PTEXX
Tax-Free High Yield PRFHX
Tax-Free Income PRTAX
Tax-Free Short-Intermediate PRFSX
Virginia Tax-Free Bond PRVAX
Domestic Stock Funds
Group A
Declaration/Record Date: December 12, 2016
Ex-Dividend and Reinvestment Date: December 13, 2016
Payment Date: December 14, 2016
Domestic Stock Funds — Group A
T. Rowe Price Funds Ticker
Symbol
Balanced RPBAX
Dividend Growth PRDGX
Equity Income PRFDX
Equity Index 500 PREIX
Extended Equity Market Index PEXMX
Growth & Income PRGIX
Personal Strategy Balanced TRPBX
Personal Strategy Growth TRSGX
Personal Strategy Income PRSIX
Real Estate TRREX
Tax-Efficient Equity PREFX
Total Equity Market Index POMIX
Group B
Declaration/Record Date: December 13, 2016
Ex-Dividend and Reinvestment Date: December 14, 2016
Payment Date: December 15, 2016
Domestic Stock Funds — Group B
T. Rowe Price Funds Ticker
Symbol
Blue Chip Growth TRBCX
Capital Appreciation PRWCX
Diversified Mid-Cap Growth PRDMX
QM U.S. Small & Mid-Cap Core Equity Fund TQSMX
QM U.S. Small-Cap Growth Equity Fund2 PRDSX
QM U.S. Value Equity TQMVX
Growth Stock PRGFX
Mid-Cap Growth RPMGX
Mid-Cap Value TRMCX
New America Growth PRWAX
Small-Cap Stock OTCFX
Small-Cap Value PRSVX
U.S. Large-Cap Core TRULX
Value TRVLX
Group C
Declaration/Record Date: December 14, 2016
Ex-Dividend and Reinvestment Date: December 15, 2016
Payment Date: December 16, 2016
Domestic Stock Funds — Group C
T. Rowe Price Funds Ticker
Symbol
Capital Opportunity PRCOX
Financial Services
PRISX
Health Sciences
PRHSX
Media & Telecommunications PRMTX
New Era PRNEX
New Horizons PRNHX
Real Assets PRAFX
Science & Technology PRSCX
International/Global Stock Funds
Declaration/Record Date: December 15, 2016
Ex-Dividend and Reinvestment Date: December 16, 2016
Payment Date: December 19, 2016
International/Global Stock Funds
T. Rowe Price Funds Ticker
Symbol
Africa & Middle East TRAMX
Asia Opportunities TRAOX
Emerging Europe TREMX
Emerging Markets Stock PRMSX
Emerging Markets Value Stock PRIJX
European Stock PRESX
Global Allocation RPGAX
Global Growth Stock RPGEX
Global Industrials RPGIX
Global Real Estate TRGRX
Global Stock PRGSX
Global Technology PRGTX
International Concentrated Equity PRCNX
International Discovery PRIDX
International Equity Index PIEQX
International Growth & Income TRIGX
International Stock PRITX
Japan PRJPX
Latin America PRLAX
New Asia PRASX
Overseas Stock TROSX
QM Global Equity TQGEX
International/Global Bond Funds
Declaration/Record Date: December 15, 2016
Ex-Dividend and Reinvestment Date: December 16, 2016
Payment Date: December 19, 2016
International/Global Bond Funds
T. Rowe Price Funds Ticker
Symbol
Emerging Markets Bond PREMX
Emerging Markets Corporate Bond TRECX
Emerging Markets Local Currency Bond PRELX
Global High Income Bond RPIHX
Global Multi-Sector Bond3
PRSNX
Global Unconstrained Bond RPIEX
International Bond RPIBX
Retirement and Spectrum Funds
Declaration/Record Date: December 20, 2016
Ex-Dividend and Reinvestment Date: December 21, 2016
Payment Date: December 22, 2016
Retirement and Spectrum Funds
T. Rowe Price Funds Ticker
Symbol
Retirement 2005 TRRFX
Retirement 2010 TRRAX
Retirement 2015 TRRGX
Retirement 2020 TRRBX
Retirement 2025 TRRHX
Retirement 2030 TRRCX
Retirement 2035 TRRJX
Retirement 2040 TRRDX
Retirement 2045 TRRKX
Retirement 2050 TRRMX
Retirement 2055 TRRNX
Retirement 2060 TRRLX
Retirement Balanced TRRIX
Spectrum Growth PRSGX
Spectrum Income RPSIX
Spectrum International PSILX
Target 20054 TRARX
Target 20104 TRROX
Target 20154 TRRTX
Target 20204 TRRUX
Target 20254 TRRVX
Target 20304 TRRWX
Target 20354 RPGRX
Target 20404 TRHRX
Target 20454 RPTFX
Target 20504 TRFOX
Target 20554 TRFFX
Target 20604 TRTFX

2 Formerly T. Rowe Price Diversified Small-Cap Growth Fund. Name change effective February 24, 2016.

3 Formerly T. Rowe Price Strategic Income Fund. Name change effective July 1, 2015.

4 The term "Retirement" was removed from the Fund's name effective February 24, 2016.

Declaration, ex-dividend, and payment dates are the same for all fund classes (Investor, Advisor, R, and I classes). For more information, please visit our website for financial intermediaries at www.troweprice.com/fi/distributions.

Distribution Information
Declaration/Record Date—Shareholders must own shares on the record date to be eligible to receive a declared distribution. Funds announce the amount of the dividend to be paid to investors on the declaration date.

Ex-Dividend and Reinvestment Date—Each fund's share price (net asset value) is reduced by the amount of the per-share distribution on this date. Distribution amounts are reinvested in fund shares on this date for shareholders who elect this option.

Payment Date—Distribution amounts are mailed by check on this date to shareholders of record who receive distributions in cash.

Next Business Day After Payment Date—Each fund's per-share distribution amounts are available on Tele*Access® and our website on this date.

Two Business Days After Payment Date—Shareholder accounts are updated on this date to show exact distribution amounts and may be accessed through Tele*Access or at troweprice.com/access.

Quarterly Dividend and Capital Gains Distribution Dates
T. Rowe Price Funds Declaration/ Record Date Ex-Dividend/ Reinvestment Date Payment Date
Quarterly Stock Funds1 Mar. 26, 2015 Mar. 27, 2015 Mar. 30, 2015
Quarterly Stock Funds June 25, 2015 June 26, 2015 June 29, 2015
Quarterly Stock Funds Sept. 25, 2015 Sept. 28, 2015 Sept. 29, 2015
1 December 31 year-end funds with quarterly distributions and February 28 year-end municipal bond funds may declare a capital-gains distribution.
Year-End Dividend and Capital Gains Distribution Dates
Domestic Taxable Bond and Money Market Funds
Declaration/Record Date: December 4, 2015
Ex-Dividend and Reinvestment Date: December 7, 2015
Payment Date: December 8, 2015
Domestic Taxable Bond and Money Market Funds
T. Rowe Price Funds Ticker
Symbol
Corporate Income PRPIX
Credit Opportunities PRCPX
Floating Rate PRFRX
GNMA PRGMX
High Yield PRHYX
Inflation Protected Bond PRIPX
Limited Duration Inflation Focused Bond TRBFX
New Income
PRCIX
Prime Reserve
PRRXX
Short-Term Bond
PRWBX
Summit Cash Reserves
TSCXX
Ultra Short-Term Bond TRBUX
U.S. Bond Enhanced Index PBDIX
U.S. Treasury Intermediate PRTIX
U.S. Treasury Long-Term PRULX
U.S. Treasury Money PRTXX
Domestic Tax-Free Bond and Money Market Funds
Declaration/Record Date: December 4, 2015
Ex-Dividend and Reinvestment Date: December 7, 2015
Payment Date: December 8, 2015
Domestic Tax-Free Bond and Money Market Funds
T. Rowe Price Funds Ticker
Symbol
California Tax-Free Bond PRXCX
California Tax-Free Money PCTXX
Georgia Tax-Free Bond GTFBX
Intermediate Tax-Free High Yield
PRIHX
Maryland Short-Term Tax-Free Bond PRMDX
Maryland Tax-Free Bond MDXBX
Maryland Tax-Free Money TMDXX
New Jersey Tax-Free Bond NJTFX
New York Tax-Free Bond PRNYX
New York Tax-Free Money NYTXX
Summit Municipal Income PRINX
Summit Municipal Intermediate PRSMX
Summit Municipal Money Market TRSXX
Tax-Exempt Money PTEXX
Tax-Free High Yield PRFHX
Tax-Free Income PRTAX
Tax-Free Short-Intermediate PRFSX
Virginia Tax-Free Bond PRVAX
Domestic Stock Funds
Group A
Declaration/Record Date: December 10, 2015
Ex-Dividend and Reinvestment Date: December 11, 2015
Payment Date: December 14, 2015
Domestic Stock Funds — Group A
T. Rowe Price Funds Ticker
Symbol
Balanced RPBAX
Dividend Growth PRDGX
Equity Income PRFDX
Equity Index 500 PREIX
Extended Equity Market Index PEXMX
Growth & Income PRGIX
Personal Strategy Balanced TRPBX
Personal Strategy Growth TRSGX
Personal Strategy Income PRSIX
Real Estate TRREX
Tax-Efficient Equity PREFX
Total Equity Market Index POMIX
Group B
Declaration/Record Date: December 11, 2015
Ex-Dividend and Reinvestment Date: December 14, 2015
Payment Date: December 15, 2015
Domestic Stock Funds — Group B
T. Rowe Price Funds Ticker
Symbol
Blue Chip Growth TRBCX
Capital Appreciation PRWCX
Diversified Mid-Cap Growth PRDMX
Diversified Small-Cap Growth PRDSX
Growth Stock PRGFX
Mid-Cap Growth RPMGX
Mid-Cap Value TRMCX
New America Growth PRWAX
Small-Cap Stock OTCFX
Small-Cap Value PRSVX
U.S. Large-Cap Core TRULX
Value TRVLX
Group C
Declaration/Record Date: December 14, 2015
Ex-Dividend and Reinvestment Date: December 15, 2015
Payment Date: December 16, 2015
Domestic Stock Funds — Group C
T. Rowe Price Funds Ticker
Symbol
Capital Opportunity PRCOX
Financial Services
PRISX
Health Sciences
PRHSX
Media & Telecommunications PRMTX
New Era PRNEX
New Horizons PRNHX
Real Assets PRAFX
Science & Technology PRSCX
International/Global Stock Funds
Declaration/Record Date: December 15, 2015
Ex-Dividend and Reinvestment Date: December 16, 2015
Payment Date: December 17, 2015
International/Global Stock Funds
T. Rowe Price Funds Ticker
Symbol
Africa & Middle East TRAMX
Asia Opportunities TRAOX
Emerging Europe TREMX
Emerging Markets Stock PRMSX
Emerging Markets Value Stock PRIJX
European Stock PRESX
Global Allocation RPGAX
Global Growth Stock RPGEX
Global Industrials RPGIX
Global Real Estate TRGRX
Global Stock PRGSX
Global Technology PRGTX
International Concentrated Equity PRCNX
International Discovery PRIDX
International Equity Index PIEQX
International Growth & Income TRIGX
International Stock PRITX
Japan PRJPX
Latin America PRLAX
New Asia PRASX
Overseas Stock TROSX
International/Global Bond Funds
Declaration/Record Date: December 15, 2015
Ex-Dividend and Reinvestment Date: December 16, 2015
Payment Date: December 17, 2015
International/Global Bond Funds
T. Rowe Price Funds Ticker
Symbol
Emerging Markets Bond PREMX
Emerging Markets Corporate Bond TRECX
Emerging Markets Local Currency Bond PRELX
Global High Income Bond RPIHX
Global Multi-Sector Bond2
PRSNX
Global Unconstrained Bond RPIEX
International Bond RPIBX
Retirement and Spectrum Funds
Declaration/Record Date: December 17, 2015
Ex-Dividend and Reinvestment Date: December 18, 2015
Payment Date: December 21, 2015
Retirement and Spectrum Funds
T. Rowe Price Funds Ticker
Symbol
Retirement 2005 TRRFX
Retirement 2010 TRRAX
Retirement 2015 TRRGX
Retirement 2020 TRRBX
Retirement 2025 TRRHX
Retirement 2030 TRRCX
Retirement 2035 TRRJX
Retirement 2040 TRRDX
Retirement 2045 TRRKX
Retirement 2050 TRRMX
Retirement 2055 TRRNX
Retirement 2060 TRRLX
Retirement Balanced TRRIX
Spectrum Growth PRSGX
Spectrum Income RPSIX
Spectrum International PSILX
Target Retirement 2005 TRARX
Target Retirement 2010 TRROX
Target Retirement 2015 TRRTX
Target Retirement 2020 TRRUX
Target Retirement 2025 TRRVX
Target Retirement 2030 TRRWX
Target Retirement 2035 RPGRX
Target Retirement 2040 TRHRX
Target Retirement 2045 RPTFX
Target Retirement 2050 TRFOX
Target Retirement 2055 TRFFX
Target Retirement 2060 TRTFX

2 Formerly T. Rowe Price Strategic Income Fund.

Declaration, ex-dividend, and payment dates are the same for all fund classes (Investor, Advisor, R, and I classes). For more information, please visit our website for financial intermediaries at www.troweprice.com/fi/distributions.

Quarterly Dividend and Capital Gains Distribution Dates
T. Rowe Price Funds Declaration/ Record Date Ex-Dividend/ Reinvestment Date Payment
Date
Quarterly Stock Funds1 Mar. 26, 2014 Mar. 27, 2014 Mar. 28, 2014
Quarterly Stock Funds June 25, 2014 June 26, 2014 June 27, 2014
Quarterly Stock Funds Sep. 25, 2014 Sep. 26, 2014 Sep. 29, 2014
1December 31 year-end funds with quarterly distributions and February 28 year-end municipal bond funds may declare a capital-gains distribution.
Year-End Dividend and Capital Gains Distribution Dates
Taxable and Tax-Free Bond and Money Market Funds
T. Rowe Price Funds Declaration/
Record Date
Ex-Dividend/ Reinvestment Date Payment
Date
Taxable Bond and Money Market Funds
Corporate Income
Floating Rate
GNMA
High Yield
Inflation Protected Bond
New Income
Prime Reserve
Short-Term Bond
Strategic Income
Summit Cash Reserves
Ultra Short-Term Bond
U.S. Bond Enhanced Index
U.S. Treasury Intermediate
U.S. Treasury Long-Term
U.S. Treasury Money
Dec. 4, 2014 Dec. 5, 2014 Dec. 8, 2014
Tax-Free Bond and Money Market Funds
California Tax-Free Bond
California Tax-Free Money
Georgia Tax-Free Bond
Intermediate Tax-Free High
  Yield
Maryland Short-Term
  Tax-Free Bond
Maryland Tax-Free Bond
Maryland Tax-Free Money
New Jersey Tax-Free Bond
New York Tax-Free Bond
New York Tax-Free Money
Summit Municipal Income
Summit Municipal
  Intermediate
Summit Municipal Money
Tax-Exempt Money
Tax-Free High Yield
Tax-Free Income
Tax-Free Short-
  Intermediate
Virginia Tax-Free Bond
Dec. 4, 2014 Dec. 5, 2014 Dec. 8, 2014
Domestic Stock Funds
T. Rowe Price Funds Declaration/
Record Date
Ex-Dividend/ Reinvestment Date Payment
Date
Group A
Balanced
Dividend Growth
Equity Income
Equity Index 500
Extended Equity Market
  Index
Growth & Income
Personal Strategy Balanced
Personal Strategy Growth
Personal Strategy Income
Real Estate
Tax-Efficient Equity
Total Equity Market Index
Dec. 10, 2014 Dec. 11, 2014 Dec. 12, 2014
Group B
Blue Chip Growth
Capital Appreciation
Diversified Mid-Cap Growth
Diversified Small-Cap
  Growth
Growth Stock
Mid-Cap Growth
Mid-Cap Value
New America Growth
Small-Cap Stock
Small-Cap Value
U.S. Large-Cap Core
Value
Dec. 11, 2014 Dec. 12, 2014 Dec. 15, 2014
Group C
Capital Opportunity
Financial Services
Health Sciences
Media &
  Telecommunications
New Era
New Horizons
Real Assets
Science & Technology
Dec. 12, 2014 Dec. 15, 2014 Dec. 16, 2014
International Funds
T. Rowe Price Funds Declaration/
Record Date
Ex-Dividend/ Reinvestment Date Payment
Date
International Stock Funds
Africa & Middle East
Asia Opportunities Fund
Emerging Europe
Emerging Markets Stock
European Stock
Global Allocation
Global Growth Stock
Global Industrials
Global Real Estate
Global Stock
Global Technology
International Concentrated
  Equity
International Discovery
International Equity Index
International Growth &
  Income
International Stock
Japan
Latin America
New Asia
Overseas Stock
Dec. 15, 2014 Dec. 16, 2014 Dec. 17, 2014
International Bond Funds
Emerging Markets Bond
Emerging Markets
  Corporate Bond
Emerging Markets Local
  Currency Bond
International Bond
Dec. 15, 2014 Dec. 16, 2014 Dec. 17, 2014
Retirement and Spectrum Funds
T. Rowe Price Retirement and Spectrum Funds Declaration/
Record Date
Ex-Dividend/ Reinvestment Date Payment
Date
Retirement and Spectrum Funds
Retirement 2005
Retirement 2010
Retirement 2015
Retirement 2020
Retirement 2025
Retirement 2030
Retirement 2035
Retirement 2040
Retirement 2045
Retirement 2050
Retirement 2055
Retirement 2060
Retirement Income
Spectrum Growth
Spectrum Income
Spectrum International
Target Retirement 2005
Target Retirement 2010
Target Retirement 2015
Target Retirement 2020
Target Retirement 2025
Target Retirement 2030
Target Retirement 2035
Target Retirement 2040
Target Retirement 2045
Target Retirement 2050
Target Retirement 2055
Target Retirement 2060
Dec. 18, 2014 Dec. 19, 2014 Dec. 22, 2014

2 Formerly T. Rowe Price Strategic Income Fund.

Declaration, ex-dividend, and payment dates are the same for all fund classes (Investor, Advisor, R, and I classes). For more information, please visit our website for financial intermediaries at www.troweprice.com/fi/distributions.