This story originally appeared on Zacks
Mutual Fund Equity Report fund seekers may want to consider taking a look at T. Rowe Price Blue Chip Growth I (TBCIX). TBCIX holds a Zacks Mutual Fund Rank of 3 (Hold), which is based on nine forecasting factors like size, cost, and past performance.
History of Fund/Manager
T. Rowe Price is responsible for TBCIX, and the company is based out of Baltimore, MD. Since T. Rowe Price Blue Chip Growth I made its debut in December of 2015, TBCIX has garnered more than $37.83 billion in assets. The fund is currently managed by Larry J. Puglia who has been in charge of the fund since December of 2015.
Investors naturally seek funds with strong performance. This fund carries a 5-year annualized total return of 23.67%, and is in the middle third among its…