T. Rowe Price Blue Chip Growth Fund (NASDAQ: TRBCX) focuses on strong growth established companies. This mutual fund looks for companies with sustainable competitive advantages over their peers, strong cash flow, healthy balance sheets, and executives who spend smartly and wisely.

The fund top 10 holdings are listed below.

  • Amazon (10.38%)
  • Microsoft (8.23%)
  • Alphabet (5.71%(
  • Apple (5.02%)
  • Facebook (4.86%)
  • Alibaba Group Holding (2.41%)
  • Visa (2.37%)
  • Netflix (2.16%)
  • Mastercard (2.12%)
  • United Health Group (1.82%)

The fund’s asset allocation consists of domestic stock (83.70%), foreign stock (12.00%), convertibles (4.30%), and cash (0.10%).

The fund’s sector allocation consists of information technology (37.70%), consumer discretionary (24.20%), communication services (19.30%), health care (10.80%), industrials & business services (5.40%), financials (2.10%), materials (0.40%), and real estate (0.00%).

The fund beats the S&P 500 index handily over the past three, five and 10 years.

  • 1-year return: 30.5%
  • 3-year return: 17.1%
  • 5-year return: 22.5%
  • 10-year return: 17.6%
  • Yield: 0.0%
  • Expense ratio: 0.69%

In conclusion, T. Rowe Blue Chip Growth Fund is doing great during the long bull market but still held up well since the market crashed. Over the long term, the fund has outpaced the S&P 500.


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