T. Rowe Price Blue Chip Growth Fund I Class
TBCIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 East Pratt Street Baltimore MD United States of America 21202
- IPO Date
- Dec 17, 2015
- CIK
- 0000902259
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Blue Chip Growth Fund I Class (TBCIX) is an open-end mutual fund that seeks long-term capital growth, with income as a secondary objective, by investing at least 80% of its net assets in common stocks of large- and medium-sized blue chip growth companies characterized by leading market positions, seasoned management, and strong financial fundamentals. The fund, which is non-diversified and categorized in the large growth segment, primarily holds equity securities in sectors such as technology (e.g., Microsoft Corp, NVIDIA Corp, Apple Inc), consumer cyclical (e.g., Amazon.com Inc), communication services (e.g., Alphabet Inc Class C, Meta Platforms Inc Class A, Netflix Inc), financial services (e.g., Visa Inc Class A, Mastercard Inc Class A), and healthcare (e.g., Eli Lilly and Co), with top 10 holdings comprising approximately 62.8% of assets as of mid-2025. It targets institutional investors with a minimum initial investment of $500,000, features an adjusted expense ratio of 0.57%, a turnover rate of 16%, and no TTM yield, operating within the U.S. market through the NASDAQ exchange. The I Class shares, part of T. Rowe Price Group, Inc.'s broader mutual fund offerings, benefit from the firm's extensive research capabilities and are managed from Baltimore, Maryland headquarters, where T. Rowe Price was founded in 1937. Recent strategic adjustments under lead portfolio manager Paul Greene, who assumed sole control in October 2021, include tightening exposure to fast-growing companies following the 2022 bear market and incorporating more moderate-growth stocks for ballast, resulting in improved relative performance during the early 2025 growth-stock downturn and top-quartile returns in 2023, 2024, and through May 2025 versus large-growth peers. Notable stock-specific decisions encompass repurchasing Carvana Co in 2023 after selling at 2022 lows, boosting recovery, alongside overweight positions in Amazon, NVIDIA, and Microsoft versus underweight Apple as of March 31, 2025. In December 2025, T. Rowe Price launched model portfolios for high-net-worth clients in partnership with Goldman Sachs, marking the first products from their September 2025 strategic alliance. These evolutions have positioned the fund to equalize large-growth category peers annualized at 7.7% from Greene's inception through May 2025, amid volatility from prior detractors like Meta Platforms and Rivian.