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) 28.11%
Blue Chip Growth N/A
Capital Appreciation 6.81%
Capital Opportunity 4.27%
Diversified Mid-Cap Growth 0.52%
Diversified Small-Cap Growth
Dividend Growth (All Quarters) 7.60%
Equity Income (All Quarters) 10.23%
Equity Index 500 (All Quarters) 3.62%
Extended Equity Market Index 4.72%
Financial Services 13.10%
Growth & Income (All Quarters) 10.41%
Growth Stock N/A
Health Sciences
Media & Telecommunications 4.61%
Mid-Cap Growth
Mid-Cap Value 9.89%
New America Growth
New Era 36.50%
New Horizons
Personal Strategy Balanced (All Quarters) 19.81%
Personal Strategy Growth 25.66%
Personal Strategy Income (All Quarters) 15.33%
Real Assets 52.71%
Real Estate (All Quarters)
Science & Technology
Small-Cap Stock 1.40%
Small-Cap Value 2.14%
Tax-Efficient Equity 5.90%
Total Equity Market Index 3.26%
U.S. Large-Cap Core 3.83%
Value 6.98%
T. Rowe Price Taxable Bond Funds
  VA Foreign-Source Income Percentage
Corporate Income 19.41%
Credit Opportunities 24.98%
Floating Rate 4.06%
High Yield 26.75%
Inflation Protected Bond 7.74%
Limited Duration Inflation Focused Bond N/A
New Income 14.54%
Prime Reserve 27.98%
Short-Term Bond 19.83%
Summit Cash Reserves 27.94%
Ultra Short-Term Bond 24.97%
U.S. Bond Enhanced Index 12.79%
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 N/A
California Tax-Free Money N/A
Georgia Tax-Free Bond N/A
Intermediate Tax-Free High Yield
Maryland Short-Term Tax-Free Bond N/A
Maryland Tax-Free Bond
Maryland Tax-Free Money N/A
New Jersey Tax-Free Bond
New York Tax-Free Bond
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 N/A
Tax-Free Short-Intermediate N/A
Virginia Tax-Free Bond
T. Rowe Price International/Global Stock Funds
  VA Foreign-Source Income Percentage
Africa & Middle East 79.73%
Asia Opportunities 98.58%
Emerging Europe 100.00%
Emerging Markets Stock 100.00%
Emerging Markets Value Stock 2.61%
European Stock 100.00%
Global Allocation 32.40%
Global Growth Stock 37.59%
Global Industrials 64.06%
Global Real Estate (All Quarters) 44.56%
Global Stock 100.00%
Global Technology
International Concentrated Equity 100.00%
International Discovery 93.21%
International Equity Index 97.49%
International Growth & Income 100.00%
International Stock 100.00%
Japan 98.66%
Latin America 100.00%
New Asia 100.00%
Overseas Stock 100.00%
T. Rowe Price International/Global Bond Funds
  VA Foreign-Source Income Percentage
Emerging Markets Bond 100.00%
Emerging Markets Corporate Bond 96.41%
Emerging Markets Local Currency Bond 100.00%
Global High Income Bond 56.57%
Global Multi-Sector Bond1 53.13%
Global Unconstrained Bond 21.18%
International Bond 100.00%
T. Rowe Price Retirement and Spectrum Funds
  VA Foreign-Source Income Percentage
Retirement 2005 24.15%
Retirement 2010 25.26%
Retirement 2015 27.37%
Retirement 2020 30.10%
Retirement 2025 32.32%
Retirement 2030 35.02%
Retirement 2035 38.44%
Retirement 2040 40.48%
Retirement 2045 41.15%
Retirement 2050 40.75%
Retirement 2055 41.44%
Retirement 2060 39.31%
Retirement Balanced 25.11%
Spectrum Growth 40.41%
Spectrum Income 17.04%
Spectrum International 100.00%
Target Retirement 2005 24.71%
Target Retirement 2010 25.40%
Target Retirement 2015 27.07%
Target Retirement 2020 28.12%
Target Retirement 2025 28.84%
Target Retirement 2030 32.86%
Target Retirement 2035 33.22%
Target Retirement 2040 35.27%
Target Retirement 2045 36.47%
Target Retirement 2050 38.51%
Target Retirement 2055 39.30%
Target Retirement 2060 39.82%

1Formerly T. Rowe Price Strategic Income Fund.

Percentages are the same for all fund classes (Investor, Advisor, R, and I classes). For more information, please visit our website for financial intermediaries at

N/A indicates that a fund did not pay a dividend or short-term capital gain, or pass through foreign tax paid.

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