# T. Rowe Price Spectrum Conservative Allocation Fund

T. Rowe Price Spectrum Conservative Allocation Fund is a registered fund series of T. ROWE PRICE SPECTRUM FUNDS II, INC. (series S000002139). Net assets $2.1B as of 2026-05-31.

## Profile

- Series ID: S000002139
- Registrant: T. ROWE PRICE SPECTRUM FUNDS II, INC.
- LEI: 123UYQVEAGVMJ6ZNXH55
- Net assets: $2.1B
- Total assets: $2.1B
- As of: 2026-05-31

## Advisers

- [T. Rowe Price Associates, Inc. (Advisor)](https://search.stillhousedata.com/firm/105496)
- [T. Rowe Price International Ltd (Subadvisor)](https://search.stillhousedata.com/firm/126032)
- [T. Rowe Price Hong Kong Limited (Subadvisor)](https://search.stillhousedata.com/firm/155827)
- [T. Rowe Price Investment Management, Inc. (Subadvisor)](https://search.stillhousedata.com/firm/314590)

## Top holdings (200 reported)

_Showing 15 of 200 holdings by value._

| Holding | Ticker | Value | % of fund |
| --- | --- | --- | --- |
| BLACKSTONE PARTNERS OFFSHORE FD-E1 | — | $166.2M | 804.16% |
| [TRP INTL BOND FD (USD HEDGED) - I](https://search.stillhousedata.com/security/77956H195) | — | $147.7M | 714.78% |
| [TRP EMER MKTS BND FD-I](https://search.stillhousedata.com/security/77956H534) | — | $118.9M | 575.44% |
| [TRP DYNAMIC GLOBAL BOND FD-I](https://search.stillhousedata.com/security/77956H468) | — | $110.6M | 535.09% |
| [TRP INST HIGH YIELD FUND](https://search.stillhousedata.com/security/77958B204) | — | $97.1M | 469.83% |
| [TRP INST EMERGING MARKETS EQUITY FUND](https://search.stillhousedata.com/security/74144Q203) | — | $76.7M | 371.18% |
| [T. Rowe Price Government Reserve Fund](https://search.stillhousedata.com/security/76105Y109) | — | $61.5M | 297.56% |
| [T ROWE PR REAL ASSETS-I](https://search.stillhousedata.com/security/87279W209) | — | $53.0M | 256.59% |
| [NVIDIA CORP](https://search.stillhousedata.com/security/67066G104) | — | $38.7M | 187.02% |
| [TRP INST FLOATING RATE FUND](https://search.stillhousedata.com/security/77958B402) | — | $35.9M | 173.59% |
| [APPLE INC](https://search.stillhousedata.com/security/037833100) | — | $28.8M | 139.40% |
| [MICROSOFT CORP](https://search.stillhousedata.com/security/594918104) | — | $25.3M | 122.57% |
| [ALPHABET INC CL C](https://search.stillhousedata.com/security/02079K107) | — | $24.6M | 119.02% |
| [AMAZON.COM INC](https://search.stillhousedata.com/security/023135106) | — | $21.4M | 103.62% |
| [TRP INFLATION PROTECTED BD FD-I](https://search.stillhousedata.com/security/77958D200) | — | $21.1M | 101.88% |

## Net asset history

| Report date | Net assets |
| --- | --- |
| 2026-05-31 | $2.1B |
| 2026-02-28 | $2.1B |
| 2025-11-30 | $2.0B |
| 2025-08-31 | $2.0B |
| 2025-05-31 | $1.9B |
| 2025-02-28 | $2.0B |
| 2024-11-30 | $2.0B |
| 2024-08-31 | $2.0B |

## More

- [Registrant: T. ROWE PRICE SPECTRUM FUNDS II, INC.](https://search.stillhousedata.com/registrant/923084)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/fund/S000002139.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.