T. Rowe Price Growth and Income Fund I Class (TGTIX) is an open-end mutual fund managed by T. Rowe Price Associates, Inc., a global investment management firm founded in 1937 and headquartered in Baltimore, Maryland, that seeks long-term capital growth and current income primarily through investments in common stocks of large-cap companies. The fund employs a blend of growth and value investment approaches, focusing on dividend-paying stocks with prospects for capital appreciation; it typically invests most assets in U.S. common stocks but may include foreign securities. It targets individual and institutional investors seeking balanced equity exposure with income generation, operating primarily in the United States with global research capabilities supporting its strategy. T. Rowe Price Group, Inc., the publicly traded parent company (NASDAQ: TROW), oversees approximately $1.6 trillion in assets under management as of late 2024 and maintains offices across the U.S., Canada, Europe, and Asia. In September 2025, T. Rowe Price announced a strategic alliance with Goldman Sachs Asset Management, under which Goldman committed up to $1 billion to purchase T. Rowe Price stock while the firms collaborate on private-market products and co-branded model portfolios for retail, mass-affluent, and high-net-worth investors, with initial offerings launched in December 2025; this partnership expands distribution channels and product offerings in retirement and wealth management. Additionally, in November 2025, T. Rowe Price launched four new active fixed income ETFs, including the T. Rowe Price Multi-Sector Income ETF (TMSF), broadening its core fixed income capabilities amid ongoing emphasis on retirement solutions and alternatives.