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T. Rowe Price Adds Limited-Term Bond Portfolio to Lineup of 'II' Share Class Funds Used in Variable Insurance Portfolios.
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PR Newswire
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April 5, 2005
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Copyright informationCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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BALTIMORE, April 5 /PRNewswire-FirstCall/ -- T. Rowe Price has added the Limited-Term Bond Portfolio-II to its "II" share class lineup of variable insurance portfolios, bringing the total number of funds that offer this class of shares to five. The "II" share class, which was first launched in April 2002 and is used as an investment option for variable annuity and variable life insurance contracts, carries a 12b-1 fee of 0.25.
The Limited-Term Bond Portfolio is managed by Edward A. Wiese and seeks a high level of income consistent with minimum fluctuations in principal value and liquidity. Normally, the fund invests at least 80 of its net assets in bonds and 65 of its ...
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