relies on fundamental research and a disciplined approach to provide a full range of investment strategies. The company’s strict adherence to stated investment objectives ensures the long term integrity of its client portfolios

Below we will share with you 5 top rated T. Rowe Price mutual funds. Each has earned a Zacks #1 Rank (Strong Buy) as we expect these funds to outperform their peers in the future. To view the Zacks Rank and past performance of all T. Rowe Price funds, then click here.

T. Rowe Price Tax-Free High-Yield (PRFHX) seeks current income which is not subject to federal income tax. The fund invests the majority of its assets in high default risk or speculative bonds. It may utilize no more than 10% of its assets to purchase bonds in default. The fund has a three year annualized return of 9.56%.

The T. Rowe Price mutual fund has a minimum initial investment of $2,500 and an expense ratio of 0.68% compared to a category average of 1.00%.

T. Rowe Price Corporate Income (NASDAQ:PRPIX - News) invests at least 80% of its assets in corporate debt. It may also invest up to 25% of its assets in a wide range of securities including convertible debt and preferred stock. The fund returned 5.42% over the last one year period.

David A. Tiberii is the fund manager and he has managed this T. Rowe Price mutual fund since 2003.

T. Rowe Price Inflation Protected Bond (NASDAQ:PRIPX - News) seeks to provide income and inflation protection. The fund invests the majority of its assets in inflation-protected bonds. It focuses on U.S Treasury bonds but may also purchase bonds issued by companies and government agencies. The fund has a five year annualized return of 6.66%.

The T. Rowe Price mutual fund has a minimum initial investment of $2,500 and an expense ratio of 0.50% compared to a category average of 0.81%.

T. Rowe Price Real Estate (NASDAQ:TRREX - News) invests a large share of its assets in real estate companies. The fund focuses on acquiring equity securities and does not own real estate directly. The fund returned 11.52% over the last one year period.

As of September 2011, this T. Rowe Price mutual fund held 39 issues, with 11.15% of its total assets invested in Simon Property Group, Inc.

T. Rowe Price Financial Services (NASDAQ:PRISX - News) seeks both capital growth and current income. The majority of its assets are invested in companies in the financial services sector. It may also purchase securities of companies with significant linkages to the sector. The fund has a ten year annualized return of 2.17%.

Eric L. Veiel is the fund manager and he has managed this T. Rowe Price mutual fund since 2010.

To view the Zacks Rank and past performance of all T. Rowe Price mutual funds, then click here.

About Zacks Mutual Fund Rank

By applying the Zacks Rank to mutual funds, investors can find funds that not only outpaced the market in the past but are also expected to outperform going forward. Learn more about the Zacks Mutual Fund Rank at http://www.zacks.com/funds.

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• Read the analyst report on PRFHX,PRPIX,PRIPX,TRREX.PRISX,