T. ROWE PRICE ASSOCIATES, INC.

February 28, 2017

The T. Rowe Price Funds

100 East Pratt Street

Baltimore, Maryland 21202

Ladies and Gentlemen:

In connection with the Fund Accounting Agreement (the “BNY Agreement”), effective as of August 1, 2015 (the “Effective Date”), by and between each investment company listed on Exhibit A attached hereto (each, a “Company”), on behalf of itself or, where noted on Exhibit A, on behalf of its Series (as defined therein), severally and not jointly (each Company and/or Series a “Fund”, and collectively the “Funds”), T. Rowe Price Associates, Inc., solely with respect to Section 3(c) thereof (“TRP”), and The Bank of New York Mellon, a New York banking organization (“BNY Mellon”), TRP and the Funds desire to enter into this letter agreement (this “Agreement”). This Agreement supersedes the letter agreement dated August 1, 2015, as amended November 3, 2015, April 18, 2016, July 19, 2016, August 1, 2016 and October 25, 2016, between TRP and the Funds. Defined terms used and not otherwise defined in this Agreement shall have the meanings ascribed to them in the BNY Agreement.

TRP and the Funds hereby agree that in the event that the BNY Agreement is terminated pursuant to Section 10(c)(v) thereof because the conversion of all of the services from TRP’s systems to BNY Mellon’s systems is not substantially completed by the date that is three (3) years from the Effective Date, then, to the extent the failure to substantially complete the conversion is caused by TRP, the Funds shall be entitled to recover damages from TRP (including the recovery of platform fees previously charged to the Funds pursuant to the BNY Agreement) and be reimbursed for Costs and Expenses from TRP to the extent such failure was caused by TRP.

This Agreement shall be construed in accordance with the laws of the State of New York, without regard to conflict of laws principles thereof. Each party hereby consents to the jurisdiction of a state or federal court situated in New York City, New York in connection with any dispute arising hereunder.

This Agreement may not be amended, changed or modified in any manner except by a written agreement executed by TRP and the Fund to be bound thereby, and authorized or approved by such Fund’s Board.

This Agreement may be executed in any number of counterparts, each of which shall be deemed to be an original, but such counterparts together shall constitute only one instrument.

If you are in agreement with the terms set forth above, please sign in the space provided below and return an executed copy to us.

Very truly yours,

T. ROWE PRICE ASSOCIATES, INC.

By: /s/David Oestreicher

Name: David Oestreicher

Title: Vice President

AGREED AND ACCEPTED:

By: /s/Darrell Braman

on behalf of each Fund

identified on Exhibit A

attached hereto

Name: Darrell Braman

Title: Secretary of the Funds

EXHIBIT A

List of Funds/Portfolios

Mutual Fund Entity Name		Reference ID	Entity Type
‘40 Act Registered Funds
T. Rowe Price Balanced Fund, Inc.		BAL	Mutual Fund - Parent
T. Rowe Price Blue Chip Growth Fund, Inc.		BCG	Mutual Fund - Parent
T. Rowe Price California Tax-Free Income Trust		CAT	Mutual Fund - Parent
	California Tax-Free Bond Fund	CAB	Mutual Fund - Series
	California Tax-Free Money Fund	CAM	Mutual Fund - Series
T. Rowe Price Capital Appreciation Fund		CAF	Mutual Fund - Parent
T. Rowe Price Capital Opportunity Fund, Inc.		COF	Mutual Fund - Parent
T. Rowe Price Corporate Income Fund, Inc.		CIF	Mutual Fund - Parent
T. Rowe Price Credit Opportunities Fund, Inc.		CRO	Mutual Fund - Parent
T. Rowe Price Diversified Mid-Cap Growth Fund, Inc.		DMG	Mutual Fund
T. Rowe Price Dividend Growth Fund, Inc.		DGF	Mutual Fund - Parent
T. Rowe Price Equity Income Fund		EIF	Mutual Fund - Parent
T. Rowe Price Equity Series, Inc.		EQS	Mutual Fund - Parent
	T. Rowe Price Blue Chip Growth Portfolio	BCP	Mutual Fund - Series
	T. Rowe Price Equity Income Portfolio	EIP	Mutual Fund - Series
	T. Rowe Price Equity Index 500 Portfolio	EXP	Mutual Fund - Series
	T. Rowe Price Health Sciences Portfolio	HSP	Mutual Fund - Series
	T. Rowe Price Mid-Cap Growth Portfolio	MGP	Mutual Fund - Series
	T. Rowe Price New America Growth Portfolio	NAP	Mutual Fund - Series
	T. Rowe Price Personal Strategy Balanced Portfolio	PSP	Mutual Fund - Series
T. Rowe Price Financial Services Fund, Inc.		FSF	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
T. Rowe Price Fixed Income Series, Inc.		FIS	Mutual Fund - Parent
	T. Rowe Price Government Money Portfolio	PRP	Mutual Fund - Series
	T. Rowe Price Limited-Term Bond Portfolio	LTP	Mutual Fund - Series
T. Rowe Price Floating Rate Fund, Inc.		FRI	Mutual Fund - Parent
T. Rowe Price Global Allocation Fund, Inc.		GAF	Mutual Fund - Parent
T. Rowe Price Global Multi-Sector Bond Fund, Inc.		SNF	Mutual Fund - Parent
T. Rowe Price Global Real Estate Fund, Inc.		GRE	Mutual Fund - Parent
T. Rowe Price Global Technology Fund, Inc.		GTF	Mutual Fund - Parent
T. Rowe Price GNMA Fund		GMA	Mutual Fund
T. Rowe Price Government Money Fund, Inc.		PRF	Mutual Fund
T. Rowe Price Growth & Income Fund, Inc.		GIF	Mutual Fund - Parent
T. Rowe Price Growth Stock Fund, Inc.		GSF	Mutual Fund - Parent
T. Rowe Price Health Sciences Fund, Inc.		HSF	Mutual Fund - Parent
T. Rowe Price High Yield Fund, Inc.		HYF	Mutual Fund - Parent
T. Rowe Price Index Trust, Inc.		INDX	Mutual Fund - Parent
	T. Rowe Price Equity Index 500 Fund	EXF	Mutual Fund - Series
	T. Rowe Price Extended Equity Market Index Fund	XMX	Mutual Fund - Series
	T. Rowe Price Mid-Cap Index Fund	MCX	Mutual Fund - Series
	T. Rowe Price Small-Cap Index Fund	SCX	Mutual Fund - Series
	T. Rowe Price Total Equity Market Index Fund	TMX	Mutual Fund - Series
T. Rowe Price Inflation Protected Bond Fund, Inc.		IPB	Mutual Fund - Parent
T. Rowe Price Institutional Equity Funds, Inc.		IEF	Mutual Fund - Parent
	T. Rowe Price Institutional Large-Cap Core Growth Fund	LCC	Mutual Fund - Series
	T. Rowe Price Institutional Large-Cap Growth Fund	LCG	Mutual Fund - Series
	T. Rowe Price Institutional Large-Cap Value Fund	LCV	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Institutional Mid-Cap Equity Growth Fund	MCE	Mutual Fund - Series
	T. Rowe Price Institutional Small-Cap Stock Fund	SCI	Mutual Fund - Series
	T. Rowe Price Institutional U.S. Structured Research Fund	IRF	Mutual Fund - Series
T. Rowe Price Institutional Income Funds, Inc.		IINCF	Mutual Fund - Parent
	T. Rowe Price Institutional Cash Reserves Fund	ICM	Mutual Fund - Series
	T. Rowe Price Institutional Core Plus Fund	ICP	Mutual Fund - Series
	T. Rowe Price Institutional Credit Opportunities Fund	ICO	Mutual Fund - Series
	T. Rowe Price Institutional Floating Rate Fund	IFR	Mutual Fund - Series
	T. Rowe Price Institutional Global Multi-Sector Bond Fund	IGM	Mutual Fund - Series
	T. Rowe Price Institutional High Yield Fund	HYI	Mutual Fund - Series
	T. Rowe Price Institutional Long Duration Credit Fund	LDC	Mutual Fund - Series
T. Rowe Price Institutional International Funds, Inc.		IIF	Mutual Fund - Parent
	T. Rowe Price Institutional Africa & Middle East Fund	IAM	Mutual Fund - Series
	T. Rowe Price Institutional Emerging Markets Bond Fund	IEB	Mutual Fund - Series
	T. Rowe Price Institutional Emerging Markets Equity Fund	IEM	Mutual Fund - Series
	T. Rowe Price Institutional Frontier Markets Equity Fund	IFM	Mutual Fund - Series
	T. Rowe Price Institutional Global Focused Growth Equity Fund	IGE	Mutual Fund - Series
	T. Rowe Price Institutional Global Growth Equity Fund	IGL	Mutual Fund - Series
	T. Rowe Price Institutional Global Value Equity Fund	IGV	Mutual Fund - Series
	T. Rowe Price Institutional International Bond Fund	IIB	Mutual Fund - Series
	T. Rowe Price Institutional International Concentrated Equity Fund	ICE	Mutual Fund - Series
	T. Rowe Price Institutional International Core Equity Fund	IIC	Mutual Fund - Series
	T. Rowe Price Institutional International Growth Equity Fund	FEF	Mutual Fund - Series
T. Rowe Price Intermediate Tax-Free High Yield Fund, Inc.		ITF	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
T. Rowe Price International Funds, Inc.		PIF	Mutual Fund - Parent
	T. Rowe Price Africa & Middle East Fund	AME	Mutual Fund - Series
	T. Rowe Price Asia Opportunities Fund	AOF	Mutual Fund - Series
	T. Rowe Price Emerging Europe Fund	EEM	Mutual Fund - Series
	T. Rowe Price Emerging Markets Bond Fund	EMB	Mutual Fund - Series
	T. Rowe Price Emerging Markets Corporate Bond Fund	EMC	Mutual Fund - Series
	T. Rowe Price Emerging Markets Local Currency Bond Fund	EML	Mutual Fund - Series
	T. Rowe Price Emerging Markets Stock Fund	EMS	Mutual Fund - Series
	T. Rowe Price Emerging Markets Value Stock Fund	EMV	Mutual Fund - Series
	T. Rowe Price European Stock Fund	ESF	Mutual Fund - Series
	T. Rowe Price Global Consumer Fund	GCF	Mutual Fund - Series
	T. Rowe Price Global Growth Stock Fund	GLE	Mutual Fund - Series
	T. Rowe Price Global High Income Bond Fund	GHI	Mutual Fund - Series
	T. Rowe Price Global Industrials Fund	IND	Mutual Fund - Series
	T. Rowe Price Global Stock Fund	GLS	Mutual Fund - Series
	T. Rowe Price Global Unconstrained Bond Fund	GUN	Mutual Fund - Series
	T. Rowe Price Growth & Income Fund	GIF	Mutual Fund - Parent
	T. Rowe Price International Bond Fund	IBF	Mutual Fund - Series
	T. Rowe Price International Concentrated Equity Fund	ICN	Mutual Fund - Series
	T. Rowe Price International Discovery Fund	IDF	Mutual Fund - Series
	T. Rowe Price International Growth & Income Fund	IGI	Mutual Fund - Series
	T. Rowe Price International Stock Fund	ISF	Mutual Fund - Series
	T. Rowe Price Japan Fund	JAF	Mutual Fund - Series
	T. Rowe Price Latin America Fund	LAM	Mutual Fund - Series
	T. Rowe Price New Asia Fund	NAS	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Overseas Stock Fund	OSF	Mutual Fund - Series
T. Rowe Price International Index Fund, Inc.		IIXF	Mutual Fund - Parent
	T. Rowe Price International Equity Index Fund	IXF	Mutual Fund - Series
T. Rowe Price International Series, Inc.		INS	Mutual Fund - Parent
	T. Rowe Price International Stock Portfolio	ISP	Mutual Fund - Series
T. Rowe Price Limited Duration Inflation Focused Bond Fund, Inc.		STI	Mutual Fund - Parent
T. Rowe Price Media & Telecommunications Fund, Inc.		MTF	Mutual Fund - Parent
T. Rowe Price Mid-Cap Growth Fund, Inc.		MCG	Mutual Fund - Parent
T. Rowe Price Mid-Cap Value Fund, Inc.		MCV	Mutual Fund - Parent
T. Rowe Price Multi-Sector Account Portfolios, Inc.		MAPS	Mutual Fund - Parent
	T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio	EBS	Mutual Fund - Series
	T. Rowe Price Emerging Markets Local Multi-Sector Account Portfolio	ELS	Mutual Fund - Series
	T. Rowe Price Floating Rate Multi-Sector Account Portfolio	FRS	Mutual Fund - Series
	T. Rowe Price High Yield Multi-Sector Account Portfolio	HYS	Mutual Fund - Series
	T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio	IGS	Mutual Fund - Series
	T. Rowe Price Mortgage-Backed Securities Multi-Sector Account Portfolio	MBS	Mutual Fund - Series
T. Rowe Price New America Growth Fund		NAG	Mutual Fund - Parent
T. Rowe Price New Era Fund, Inc.		NEF	Mutual Fund - Parent
T. Rowe Price New Horizons Fund, Inc.		NHF	Mutual Fund - Parent
T. Rowe Price New Income Fund, Inc.		NIF	Mutual Fund - Parent
T. Rowe Price Personal Strategy Funds, Inc.		PER	Mutual Fund - Parent
	T. Rowe Price Personal Strategy Balanced Fund	PSB	Mutual Fund - Series
	T. Rowe Price Personal Strategy Growth Fund	PSG	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Personal Strategy Income Fund	PSI	Mutual Fund - Series
T. Rowe Price Quantitative Management Funds, Inc.		QUANT	Mutual Fund - Parent
	T. Rowe Price QM Global Equity Fund	QGE	Mutual Fund - Series
	T. Rowe Price QM U.S. Small-Cap Growth Equity Fund	DSG	Mutual Fund - Series
	T. Rowe Price QM U.S. Small & Mid-Cap Core Equity Fund	QSM	Mutual Fund - Series
	T. Rowe Price QM U.S. Value Equity Fund	QMV	Mutual Fund - Series
T. Rowe Price Real Assets Fund, Inc.		RAF	Mutual Fund - Parent
T. Rowe Price Real Estate Fund, Inc.		REF	Mutual Fund - Parent
T. Rowe Price Reserve Investment Funds, Inc.		RESFDS	Mutual Fund - Parent
	T. Rowe Price Government Reserve Fund	RES	Mutual Fund - Series
	T. Rowe Price Short-Term Government Fund	GRI	Mutual Fund - Series
	T. Rowe Price Short-Term Fund	REI	Mutual Fund - Series
	T. Rowe Price Treasury Reserve Fund	GRS	Mutual Fund - Series
T. Rowe Price Science & Technology Fund, Inc.		STF	Mutual Fund - Parent
T. Rowe Price Short-Term Bond Fund, Inc.		STB	Mutual Fund - Parent
	T. Rowe Price Ultra Short-Term Bond Fund	SBF	Mutual Fund - Series
T. Rowe Price Small-Cap Stock Fund, Inc.		SCS	Mutual Fund - Parent
T. Rowe Price Small-Cap Value Fund, Inc.		SCV	Mutual Fund - Parent
T. Rowe Price State Tax-Free Income Trust		STT	Mutual Fund - Parent
	Georgia Tax-Free Bond Fund	GAB	Mutual Fund - Series
	Maryland Short-Term Tax-Free Bond Fund	MDS	Mutual Fund - Series
	Maryland Tax-Free Bond Fund	MDB	Mutual Fund - Series
	Maryland Tax-Free Money Fund	MDM	Mutual Fund - Series
	New Jersey Tax-Free Bond Fund	NJB	Mutual Fund - Series
	New York Tax-Free Bond Fund	NYB	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	New York Tax-Free Money Fund	NYM	Mutual Fund - Series
	Virginia Tax-Free Bond Fund	VAB	Mutual Fund - Series
T. Rowe Price Summit Funds, Inc.		SIF	Mutual Fund - Parent
	T. Rowe Price Cash Reserves Fund	SCR	Mutual Fund - Series
T. Rowe Price Summit Municipal Funds, Inc.		SMF	Mutual Fund - Parent
	T. Rowe Price Summit Municipal Income Fund	SMI	Mutual Fund - Series
	T. Rowe Price Summit Municipal Intermediate Fund	SMT	Mutual Fund - Series
	T. Rowe Price Summit Municipal Money Market Fund	SMM	Mutual Fund - Series
T. Rowe Price Tax-Efficient Funds, Inc.		TEF	Mutual Fund - Parent
	T. Rowe Price Tax-Efficient Equity Fund	TMC	Mutual Fund - Series
T. Rowe Price Tax-Exempt Money Fund, Inc.		TEM	Mutual Fund
T. Rowe Price Tax-Free High Yield Fund, Inc.		TFH	Mutual Fund - Parent
T. Rowe Price Tax-Free Income Fund, Inc.		TFI	Mutual Fund - Parent
T. Rowe Price Tax-Free Short-Intermediate Fund, Inc.		TFS	Mutual Fund - Parent
	T. Rowe Price Tax-Free Ultra Short-Term Bond Fund	TUS	Mutual Fund - Series
T. Rowe Price Total Return Fund, Inc.		TTF	Mutual Fund - Parent
T. Rowe Price U.S. Bond Enhanced Index Fund, Inc.		UBX	Mutual Fund
T. Rowe Price U.S. Large-Cap Core Fund, Inc.		LCF	Mutual Fund - Parent
T. Rowe Price U.S. Treasury Funds, Inc.		USTF	Mutual Fund - Parent
	U.S. Treasury Intermediate Fund	USI	Mutual Fund - Series
	U.S. Treasury Long-Term Fund	USL	Mutual Fund - Series
	U.S. Treasury Money Fund	UST	Mutual Fund - Series
T. Rowe Price Value Fund, Inc.		VAL	Mutual Fund - Parent
'40 Act Registered Fund of Funds
T. Rowe Price Retirement Funds, Inc.		RDF	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Retirement 2005 Fund	RPJ	Mutual Fund - Series
	T. Rowe Price Retirement 2010 Fund	RPA	Mutual Fund - Series
	T. Rowe Price Retirement 2015 Fund	RPG	Mutual Fund - Series
	T. Rowe Price Retirement 2020 Fund	RPB	Mutual Fund - Series
	T. Rowe Price Retirement 2025 Fund	RPH	Mutual Fund - Series
	T. Rowe Price Retirement 2030 Fund	RPC	Mutual Fund - Series
	T. Rowe Price Retirement 2035 Fund	RPI	Mutual Fund - Series
	T. Rowe Price Retirement 2040 Fund	RPD	Mutual Fund - Series
	T. Rowe Price Retirement 2045 Fund	RPK	Mutual Fund - Series
	T. Rowe Price Retirement 2050 Fund	RPL	Mutual Fund - Series
	T. Rowe Price Retirement 2055 Fund	RPM	Mutual Fund - Series
	T. Rowe Price Retirement 2060 Fund	RPN	Mutual Fund - Series
	T. Rowe Price Retirement Balanced Fund	RPE	Mutual Fund - Series
	T. Rowe Price Retirement I 2005 Fund—I Class	RBI	Mutual Fund - Series
	T. Rowe Price Retirement I 2010 Fund—I Class	RCI	Mutual Fund - Series
	T. Rowe Price Retirement I 2015 Fund—I Class	RDI	Mutual Fund - Series
	T. Rowe Price Retirement I 2020 Fund—I Class	RFI	Mutual Fund - Series
	T. Rowe Price Retirement I 2025 Fund—I Class	RGI	Mutual Fund - Series
	T. Rowe Price Retirement I 2030 Fund—I Class	RHI	Mutual Fund - Series
	T. Rowe Price Retirement I 2035 Fund—I Class	RII	Mutual Fund - Series
	T. Rowe Price Retirement I 2040 Fund—I Class	RJI	Mutual Fund - Series
	T. Rowe Price Retirement I 2045 Fund—I Class	RKI	Mutual Fund - Series
	T. Rowe Price Retirement I 2050 Fund—I Class	RMI	Mutual Fund - Series
	T. Rowe Price Retirement I 2055 Fund—I Class	RNI	Mutual Fund - Series
	T. Rowe Price Retirement I 2060 Fund—I Class	ROI	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Retirement Balanced I Fund—I Class	RQI	Mutual Fund - Series
	T. Rowe Price Target 2005 Fund	TRA	Mutual Fund - Series
	T. Rowe Price Target 2010 Fund	TRB	Mutual Fund - Series
	T. Rowe Price Target 2015 Fund	TRC	Mutual Fund - Series
	T. Rowe Price Target 2020 Fund	TRD	Mutual Fund - Series
	T. Rowe Price Target 2025 Fund	TRE	Mutual Fund - Series
	T. Rowe Price Target 2030 Fund	TRG	Mutual Fund - Series
	T. Rowe Price Target 2035 Fund	TRH	Mutual Fund - Series
	T. Rowe Price Target 2040 Fund	TRJ	Mutual Fund - Series
	T. Rowe Price Target 2045 Fund	TRL	Mutual Fund - Series
	T. Rowe Price Target 2050 Fund	TRM	Mutual Fund - Series
	T. Rowe Price Target 2055 Fund	TRN	Mutual Fund - Series
	T. Rowe Price Target 2060 Fund	TRO	Mutual Fund - Series
T. Rowe Price Spectrum Fund, Inc.		SPC	Mutual Fund - Parent
	Spectrum Growth Fund	SPG	Mutual Fund - Series
	Spectrum Income Fund	SPI	Mutual Fund - Series
	Spectrum International Fund	SPF	Mutual Fund - Series

T. ROWE PRICE ASSOCIATES, INC.

April 18, 2017

The T. Rowe Price Funds

100 East Pratt Street

Baltimore, Maryland 21202

Subject:Amendment No. 1 to the Agreement dated April 18, 2017

Ladies and Gentlemen:

Reference is made to the letter agreement dated February 28, 2017 (“Agreement”) by and between each investment company listed on Exhibit A attached to the Agreement (each, a “Company”), on behalf of itself or, where noted on Exhibit A, on behalf of its Series (as defined therein), severally and not jointly (each Company and/or Series a “Fund”, and collectively the “Funds”) and T. Rowe Price Associates, Inc. (“TRP”). The Agreement was made in connection with the Fund Accounting Agreement (the “BNY Agreement”), effective as of February 28, 2017 (the “Effective Date”), as amended April 18, 2017 by and between each Fund listed on Exhibit A attached to the Agreement, severally and not jointly, TRP, solely with respect to Section 3(c) thereof, and The Bank of New York Mellon, a New York banking organization (“BNY Mellon”).

TRP and the Funds hereby amend the Agreement by replacing Exhibit A, in its entirety, with amended Exhibit A, attached hereto as Attachment A. TRP and the Funds further amend the agreement such that all references to the “Fund” or the “Funds” also includes any T. Rowe Price Funds that may be established after the execution of the Agreement.

If there is any inconsistency between the terms of this Amendment and the Agreement, the terms of this Amendment will govern. Defined terms used and not otherwise defined in this Amendment shall have the meanings ascribed to them in the Agreement. Except as specifically and only to the extent modified by this Amendment, all of the terms and provisions of the Agreement and the Fund Accounting Agreement shall continue to remain in full force and effect.

[Remainder of page intentionally left blank.]

If you are in agreement with the terms set forth above, please sign in the space provided below and return an executed copy to us.

Very truly yours,

T. ROWE PRICE ASSOCIATES, INC.

By: /s/David Oestreicher

Name: David Oestreicher

Title: Vice President

AGREED AND ACCEPTED:

By: /s/Darrell Braman

on behalf of each Fund

identified on Exhibit A

attached hereto

Name: Darrell Braman

Title: Secretary of the Funds

ATTACHMENT A

Amended Exhibit A

Mutual Fund Entity Name		Reference ID	Entity Type
‘40 Act Registered Funds
T. Rowe Price Balanced Fund, Inc.		BAL	Mutual Fund - Parent
T. Rowe Price Blue Chip Growth Fund, Inc.		BCG	Mutual Fund - Parent
T. Rowe Price California Tax-Free Income Trust		CAT	Mutual Fund - Parent
	California Tax-Free Bond Fund	CAB	Mutual Fund - Series
	California Tax-Free Money Fund	CAM	Mutual Fund - Series
T. Rowe Price Capital Appreciation Fund		CAF	Mutual Fund - Parent
T. Rowe Price Capital Opportunity Fund, Inc.		COF	Mutual Fund - Parent
T. Rowe Price Corporate Income Fund, Inc.		CIF	Mutual Fund - Parent
T. Rowe Price Credit Opportunities Fund, Inc.		CRO	Mutual Fund - Parent
T. Rowe Price Diversified Mid-Cap Growth Fund, Inc.		DMG	Mutual Fund - Parent
T. Rowe Price Dividend Growth Fund, Inc.		DGF	Mutual Fund - Parent
T. Rowe Price Equity Income Fund		EIF	Mutual Fund - Parent
T. Rowe Price Equity Series, Inc.		EQS	Mutual Fund - Parent
	T. Rowe Price Blue Chip Growth Portfolio	BCP	Mutual Fund - Series
	T. Rowe Price Equity Income Portfolio	EIP	Mutual Fund - Series
	T. Rowe Price Equity Index 500 Portfolio	EXP	Mutual Fund - Series
	T. Rowe Price Health Sciences Portfolio	HSP	Mutual Fund - Series
	T. Rowe Price Mid-Cap Growth Portfolio	MGP	Mutual Fund - Series
	T. Rowe Price New America Growth Portfolio	NAP	Mutual Fund - Series
	T. Rowe Price Personal Strategy Balanced Portfolio	PSP	Mutual Fund - Series
T. Rowe Price Financial Services Fund, Inc.		FSF	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
T. Rowe Price Fixed Income Series, Inc.		FIS	Mutual Fund - Parent
	T. Rowe Price Government Money Portfolio	PRP	Mutual Fund - Series
	T. Rowe Price Limited-Term Bond Portfolio	LTP	Mutual Fund - Series
T. Rowe Price Floating Rate Fund, Inc.		FRI	Mutual Fund - Parent
T. Rowe Price Global Allocation Fund, Inc.		GAF	Mutual Fund - Parent
T. Rowe Price Global Multi-Sector Bond Fund, Inc.		SNF	Mutual Fund - Parent
T. Rowe Price Global Real Estate Fund, Inc.		GRE	Mutual Fund - Parent
T. Rowe Price Global Technology Fund, Inc.		GTF	Mutual Fund - Parent
T. Rowe Price GNMA Fund		GMA	Mutual Fund - Parent
T. Rowe Price Government Money Fund, Inc.		PRF	Mutual Fund - Parent
T. Rowe Price Growth & Income Fund, Inc.		GIF	Mutual Fund - Parent
T. Rowe Price Growth Stock Fund, Inc.		GSF	Mutual Fund - Parent
T. Rowe Price Health Sciences Fund, Inc.		HSF	Mutual Fund - Parent
T. Rowe Price High Yield Fund, Inc.		HYF	Mutual Fund - Parent
	T. Rowe Price U.S. High Yield Fund	UHY	Mutual Fund - Series
T. Rowe Price Index Trust, Inc.		INDX	Mutual Fund - Parent
	T. Rowe Price Equity Index 500 Fund	EXF	Mutual Fund - Series
	T. Rowe Price Extended Equity Market Index Fund	XMX	Mutual Fund - Series
	T. Rowe Price Mid-Cap Index Fund	MCX	Mutual Fund - Series
	T. Rowe Price Small-Cap Index Fund	SCX	Mutual Fund - Series
	T. Rowe Price Total Equity Market Index Fund	TMX	Mutual Fund - Series
T. Rowe Price Inflation Protected Bond Fund, Inc.		IPB	Mutual Fund - Parent
T. Rowe Price Institutional Equity Funds, Inc.		IEF	Mutual Fund - Parent
	T. Rowe Price Institutional Large-Cap Core Growth Fund	LCC	Mutual Fund - Series
	T. Rowe Price Institutional Large-Cap Growth Fund	LCG	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Institutional Large-Cap Value Fund	LCV	Mutual Fund - Series
	T. Rowe Price Institutional Mid-Cap Equity Growth Fund	MCE	Mutual Fund - Series
	T. Rowe Price Institutional Small-Cap Stock Fund	SCI	Mutual Fund - Series
	T. Rowe Price Institutional U.S. Structured Research Fund	IRF	Mutual Fund - Series
T. Rowe Price Institutional Income Funds, Inc.		IINCF	Mutual Fund - Parent
	T. Rowe Price Institutional Cash Reserves Fund	ICM	Mutual Fund - Series
	T. Rowe Price Institutional Core Plus Fund	ICP	Mutual Fund - Series
	T. Rowe Price Institutional Credit Opportunities Fund	ICO	Mutual Fund - Series
	T. Rowe Price Institutional Floating Rate Fund	IFR	Mutual Fund - Series
	T. Rowe Price Institutional Global Multi-Sector Bond Fund	IGM	Mutual Fund - Series
	T. Rowe Price Institutional High Yield Fund	HYI	Mutual Fund - Series
	T. Rowe Price Institutional Long Duration Credit Fund	LDC	Mutual Fund - Series
T. Rowe Price Institutional International Funds, Inc.		IIF	Mutual Fund - Parent
	T. Rowe Price Institutional Africa & Middle East Fund	IAM	Mutual Fund - Series
	T. Rowe Price Institutional Emerging Markets Bond Fund	IEB	Mutual Fund - Series
	T. Rowe Price Institutional Emerging Markets Equity Fund	IEM	Mutual Fund - Series
	T. Rowe Price Institutional Frontier Markets Equity Fund	IFM	Mutual Fund - Series
	T. Rowe Price Institutional Global Focused Growth Equity Fund	IGE	Mutual Fund - Series
	T. Rowe Price Institutional Global Growth Equity Fund	IGL	Mutual Fund - Series
	T. Rowe Price Institutional Global Value Equity Fund	IGV	Mutual Fund - Series
	T. Rowe Price Institutional International Bond Fund	IIB	Mutual Fund - Series
	T. Rowe Price Institutional International Concentrated Equity Fund	ICE	Mutual Fund - Series
	T. Rowe Price Institutional International Core Equity Fund	IIC	Mutual Fund - Series
	T. Rowe Price Institutional International Growth Equity Fund	FEF	Mutual Fund - Series
T. Rowe Price Intermediate Tax-Free High Yield Fund, Inc.		ITF	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
T. Rowe Price International Funds, Inc.		PIF	Mutual Fund - Parent
	T. Rowe Price Africa & Middle East Fund	AME	Mutual Fund - Series
	T. Rowe Price Asia Opportunities Fund	AOF	Mutual Fund - Series
	T. Rowe Price Dynamic Global Bond Fund	GUN	Mutual Fund - Series
	T. Rowe Price Emerging Europe Fund	EEM	Mutual Fund - Series
	T. Rowe Price Emerging Markets Bond Fund	EMB	Mutual Fund - Series
	T. Rowe Price Emerging Markets Corporate Bond Fund	EMC	Mutual Fund - Series
	T. Rowe Price Emerging Markets Local Currency Bond Fund	EML	Mutual Fund - Series
	T. Rowe Price Emerging Markets Stock Fund	EMS	Mutual Fund - Series
	T. Rowe Price Emerging Markets Value Stock Fund	EMV	Mutual Fund - Series
	T. Rowe Price European Stock Fund	ESF	Mutual Fund - Series
	T. Rowe Price Global Consumer Fund	GCF	Mutual Fund - Series
	T. Rowe Price Global Growth Stock Fund	GLE	Mutual Fund - Series
	T. Rowe Price Global High Income Bond Fund	GHI	Mutual Fund - Series
	T. Rowe Price Global Industrials Fund	IND	Mutual Fund - Series
	T. Rowe Price Global Stock Fund	GLS	Mutual Fund - Series
	T. Rowe Price International Bond Fund	IBF	Mutual Fund - Series
	T. Rowe Price International Concentrated Equity Fund	ICN	Mutual Fund - Series
	T. Rowe Price International Discovery Fund	IDF	Mutual Fund - Series
	T. Rowe Price International Stock Fund	ISF	Mutual Fund - Series
	T. Rowe Price International Value Equity Fund	IGI	Mutual Fund - Series
	T. Rowe Price Japan Fund	JAF	Mutual Fund - Series
	T. Rowe Price Latin America Fund	LAM	Mutual Fund - Series
	T. Rowe Price New Asia Fund	NAS	Mutual Fund - Series
	T. Rowe Price Overseas Stock Fund	OSF	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
T. Rowe Price International Index Fund, Inc.		IIXF	Mutual Fund - Parent
	T. Rowe Price International Equity Index Fund	IXF	Mutual Fund - Series
T. Rowe Price International Series, Inc.		INS	Mutual Fund - Parent
	T. Rowe Price International Stock Portfolio	ISP	Mutual Fund - Series
T. Rowe Price Limited Duration Inflation Focused Bond Fund, Inc.		STI	Mutual Fund - Parent
T. Rowe Price Media & Telecommunications Fund, Inc.		MTF	Mutual Fund - Parent
T. Rowe Price Mid-Cap Growth Fund, Inc.		MCG	Mutual Fund - Parent
T. Rowe Price Mid-Cap Value Fund, Inc.		MCV	Mutual Fund - Parent
T. Rowe Price Multi-Sector Account Portfolios, Inc.		MAPS	Mutual Fund - Parent
	T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio	EBS	Mutual Fund - Series
	T. Rowe Price Emerging Markets Local Multi-Sector Account Portfolio	ELS	Mutual Fund - Series
	T. Rowe Price Floating Rate Multi-Sector Account Portfolio	FRS	Mutual Fund - Series
	T. Rowe Price High Yield Multi-Sector Account Portfolio	HYS	Mutual Fund - Series
	T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio	IGS	Mutual Fund - Series
	T. Rowe Price Mortgage-Backed Securities Multi-Sector Account Portfolio	MBS	Mutual Fund - Series
T. Rowe Price New America Growth Fund		NAG	Mutual Fund - Parent
T. Rowe Price New Era Fund, Inc.		NEF	Mutual Fund - Parent
T. Rowe Price New Horizons Fund, Inc.		NHF	Mutual Fund - Parent
T. Rowe Price New Income Fund, Inc.		NIF	Mutual Fund - Parent
T. Rowe Price Personal Strategy Funds, Inc.		PER	Mutual Fund - Parent
	T. Rowe Price Personal Strategy Balanced Fund	PSB	Mutual Fund - Series
	T. Rowe Price Personal Strategy Growth Fund	PSG	Mutual Fund - Series
	T. Rowe Price Personal Strategy Income Fund	PSI	Mutual Fund - Series
T. Rowe Price Quantitative Management Funds, Inc.		QUANT	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price QM Global Equity Fund	QGE	Mutual Fund - Series
	T. Rowe Price QM U.S. Small-Cap Growth Equity Fund	DSG	Mutual Fund - Series
	T. Rowe Price QM U.S. Small & Mid-Cap Core Equity Fund	QSM	Mutual Fund - Series
	T. Rowe Price QM U.S. Value Equity Fund	QMV	Mutual Fund - Series
T. Rowe Price Real Assets Fund, Inc.		RAF	Mutual Fund - Parent
T. Rowe Price Real Estate Fund, Inc.		REF	Mutual Fund - Parent
T. Rowe Price Reserve Investment Funds, Inc.		RESFDS	Mutual Fund - Parent
	T. Rowe Price Government Reserve Fund	RES	Mutual Fund - Series
	T. Rowe Price Short-Term Government Fund	GRI	Mutual Fund - Series
	T. Rowe Price Short-Term Fund	REI	Mutual Fund - Series
	T. Rowe Price Treasury Reserve Fund	GRS	Mutual Fund - Series
T. Rowe Price Science & Technology Fund, Inc.		STF	Mutual Fund - Parent
T. Rowe Price Short-Term Bond Fund, Inc.		STB	Mutual Fund - Parent
	T. Rowe Price Ultra Short-Term Bond Fund	SBF	Mutual Fund - Series
T. Rowe Price Small-Cap Stock Fund, Inc.		SCS	Mutual Fund - Parent
T. Rowe Price Small-Cap Value Fund, Inc.		SCV	Mutual Fund - Parent
T. Rowe Price State Tax-Free Income Trust		STT	Mutual Fund - Parent
	Georgia Tax-Free Bond Fund	GAB	Mutual Fund - Series
	Maryland Short-Term Tax-Free Bond Fund	MDS	Mutual Fund - Series
	Maryland Tax-Free Bond Fund	MDB	Mutual Fund - Series
	Maryland Tax-Free Money Fund	MDM	Mutual Fund - Series
	New Jersey Tax-Free Bond Fund	NJB	Mutual Fund - Series
	New York Tax-Free Bond Fund	NYB	Mutual Fund - Series
	New York Tax-Free Money Fund	NYM	Mutual Fund - Series
	Virginia Tax-Free Bond Fund	VAB	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
T. Rowe Price Summit Funds, Inc.		SIF	Mutual Fund - Parent
	T. Rowe Price Cash Reserves Fund	SCR	Mutual Fund - Series
T. Rowe Price Summit Municipal Funds, Inc.		SMF	Mutual Fund - Parent
	T. Rowe Price Summit Municipal Income Fund	SMI	Mutual Fund - Series
	T. Rowe Price Summit Municipal Intermediate Fund	SMT	Mutual Fund - Series
	T. Rowe Price Summit Municipal Money Market Fund	SMM	Mutual Fund - Series
T. Rowe Price Tax-Efficient Funds, Inc.		TEF	Mutual Fund - Parent
	T. Rowe Price Tax-Efficient Equity Fund	TMC	Mutual Fund - Series
T. Rowe Price Tax-Exempt Money Fund, Inc.		TEM	Mutual Fund - Parent
T. Rowe Price Tax-Free High Yield Fund, Inc.		TFH	Mutual Fund - Parent
T. Rowe Price Tax-Free Income Fund, Inc.		TFI	Mutual Fund - Parent
T. Rowe Price Tax-Free Short-Intermediate Fund, Inc.		TFS	Mutual Fund - Parent
	T. Rowe Price Tax-Free Ultra Short-Term Bond Fund	TUS	Mutual Fund - Series
T. Rowe Price Total Return Fund, Inc.		TTF	Mutual Fund - Parent
T. Rowe Price U.S. Bond Enhanced Index Fund, Inc.		UBX	Mutual Fund
T. Rowe Price U.S. Large-Cap Core Fund, Inc.		LCF	Mutual Fund - Parent
T. Rowe Price U.S. Treasury Funds, Inc.		USTF	Mutual Fund - Parent
	U.S. Treasury Intermediate Fund	USI	Mutual Fund - Series
	U.S. Treasury Long-Term Fund	USL	Mutual Fund - Series
	U.S. Treasury Money Fund	UST	Mutual Fund - Series
T. Rowe Price Value Fund, Inc.		VAL	Mutual Fund - Parent
'40 Act Registered Fund of Funds
T. Rowe Price Retirement Funds, Inc.		RDF	Mutual Fund - Parent
	T. Rowe Price Retirement 2005 Fund	RPJ	Mutual Fund - Series
	T. Rowe Price Retirement 2010 Fund	RPA	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Retirement 2015 Fund	RPG	Mutual Fund - Series
	T. Rowe Price Retirement 2020 Fund	RPB	Mutual Fund - Series
	T. Rowe Price Retirement 2025 Fund	RPH	Mutual Fund - Series
	T. Rowe Price Retirement 2030 Fund	RPC	Mutual Fund - Series
	T. Rowe Price Retirement 2035 Fund	RPI	Mutual Fund - Series
	T. Rowe Price Retirement 2040 Fund	RPD	Mutual Fund - Series
	T. Rowe Price Retirement 2045 Fund	RPK	Mutual Fund - Series
	T. Rowe Price Retirement 2050 Fund	RPL	Mutual Fund - Series
	T. Rowe Price Retirement 2055 Fund	RPM	Mutual Fund - Series
	T. Rowe Price Retirement 2060 Fund	RPN	Mutual Fund - Series
	T. Rowe Price Retirement Balanced Fund	RPE	Mutual Fund - Series
	T. Rowe Price Retirement Income 2020 Fund	RIB	Mutual Fund - Series
	T. Rowe Price Retirement I 2005 Fund—I Class	RBI	Mutual Fund - Series
	T. Rowe Price Retirement I 2010 Fund—I Class	RCI	Mutual Fund - Series
	T. Rowe Price Retirement I 2015 Fund—I Class	RDI	Mutual Fund - Series
	T. Rowe Price Retirement I 2020 Fund—I Class	RFI	Mutual Fund - Series
	T. Rowe Price Retirement I 2025 Fund—I Class	RGI	Mutual Fund - Series
	T. Rowe Price Retirement I 2030 Fund—I Class	RHI	Mutual Fund - Series
	T. Rowe Price Retirement I 2035 Fund—I Class	RII	Mutual Fund - Series
	T. Rowe Price Retirement I 2040 Fund—I Class	RJI	Mutual Fund - Series
	T. Rowe Price Retirement I 2045 Fund—I Class	RKI	Mutual Fund - Series
	T. Rowe Price Retirement I 2050 Fund—I Class	RMI	Mutual Fund - Series
	T. Rowe Price Retirement I 2055 Fund—I Class	RNI	Mutual Fund - Series
	T. Rowe Price Retirement I 2060 Fund—I Class	ROI	Mutual Fund - Series
	T. Rowe Price Retirement Balanced I Fund—I Class	RQI	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Target 2005 Fund	TRA	Mutual Fund - Series
	T. Rowe Price Target 2010 Fund	TRB	Mutual Fund - Series
	T. Rowe Price Target 2015 Fund	TRC	Mutual Fund - Series
	T. Rowe Price Target 2020 Fund	TRD	Mutual Fund - Series
	T. Rowe Price Target 2025 Fund	TRE	Mutual Fund - Series
	T. Rowe Price Target 2030 Fund	TRG	Mutual Fund - Series
	T. Rowe Price Target 2035 Fund	TRH	Mutual Fund - Series
	T. Rowe Price Target 2040 Fund	TRJ	Mutual Fund - Series
	T. Rowe Price Target 2045 Fund	TRL	Mutual Fund - Series
	T. Rowe Price Target 2050 Fund	TRM	Mutual Fund - Series
	T. Rowe Price Target 2055 Fund	TRN	Mutual Fund - Series
	T. Rowe Price Target 2060 Fund	TRO	Mutual Fund - Series
T. Rowe Price Spectrum Fund, Inc.		SPC	Mutual Fund - Parent
	Spectrum Growth Fund	SPG	Mutual Fund - Series
	Spectrum Income Fund	SPI	Mutual Fund - Series
	Spectrum International Fund	SPF	Mutual Fund - Series

T. ROWE PRICE ASSOCIATES, INC.

July 17, 2017

The T. Rowe Price Funds

100 East Pratt Street

Baltimore, Maryland 21202

Subject:Amendment No. 2 to the Agreement dated July 17, 2017

Ladies and Gentlemen:

Reference is made to the letter agreement dated February 28, 2017 (“Agreement”) by and between each investment company listed on Exhibit A attached to the Agreement (each, a “Company”), on behalf of itself or, where noted on Exhibit A, on behalf of its Series (as defined therein), severally and not jointly (each Company and/or Series a “Fund”, and collectively the “Funds”) and T. Rowe Price Associates, Inc. (“TRP”). The Agreement was made in connection with the Fund Accounting Agreement (the “BNY Agreement”), effective as of February 28, 2017 (the “Effective Date”), as amended April 18, 2017 and July 17, 2017 by and between each Fund listed on Exhibit A attached to the Agreement, severally and not jointly, TRP, solely with respect to Section 3(c) thereof, and The Bank of New York Mellon, a New York banking organization (“BNY Mellon”).

TRP and the Funds hereby amend the Agreement by replacing Exhibit A, in its entirety, with amended Exhibit A, attached hereto as Attachment A. TRP and the Funds further amend the agreement such that all references to the “Fund” or the “Funds” also includes any T. Rowe Price Funds that may be established after the execution of the Agreement.

If there is any inconsistency between the terms of this Amendment and the Agreement, the terms of this Amendment will govern. Defined terms used and not otherwise defined in this Amendment shall have the meanings ascribed to them in the Agreement. Except as specifically and only to the extent modified by this Amendment, all of the terms and provisions of the Agreement and the Fund Accounting Agreement shall continue to remain in full force and effect.

[Remainder of page intentionally left blank.]

If you are in agreement with the terms set forth above, please sign in the space provided below and return an executed copy to us.

Very truly yours,

T. ROWE PRICE ASSOCIATES, INC.

By: /s/ David Oestreicher

Name: David Oestreicher

Title: Vice President

AGREED AND ACCEPTED:

By: /s/ Darrell Braman

on behalf of each Fund

identified on Exhibit A

attached hereto

Name: Darrell Braman

Title: Secretary of the Funds

ATTACHMENT A

Amended Exhibit A

Mutual Fund Entity Name		Reference ID	Entity Type
‘40 Act Registered Funds
T. Rowe Price Balanced Fund, Inc.		BAL	Mutual Fund - Parent
T. Rowe Price Blue Chip Growth Fund, Inc.		BCG	Mutual Fund - Parent
T. Rowe Price California Tax-Free Income Trust		CAT	Mutual Fund - Parent
	California Tax-Free Bond Fund	CAB	Mutual Fund - Series
	California Tax-Free Money Fund	CAM	Mutual Fund - Series
T. Rowe Price Capital Appreciation Fund		CAF	Mutual Fund - Parent
T. Rowe Price Capital Appreciation & Income Fund, Inc.		CAN	Mutual Fund - Parent
T. Rowe Price Capital Opportunity Fund, Inc.		COF	Mutual Fund - Parent
T. Rowe Price Corporate Income Fund, Inc.		CIF	Mutual Fund - Parent
T. Rowe Price Credit Opportunities Fund, Inc.		CRO	Mutual Fund - Parent
T. Rowe Price Diversified Mid-Cap Growth Fund, Inc.		DMG	Mutual Fund - Parent
T. Rowe Price Dividend Growth Fund, Inc.		DGF	Mutual Fund - Parent
T. Rowe Price Equity Income Fund		EIF	Mutual Fund - Parent
T. Rowe Price Equity Series, Inc.		EQS	Mutual Fund - Parent
	T. Rowe Price Blue Chip Growth Portfolio	BCP	Mutual Fund - Series
	T. Rowe Price Equity Income Portfolio	EIP	Mutual Fund - Series
	T. Rowe Price Equity Index 500 Portfolio	EXP	Mutual Fund - Series
	T. Rowe Price Health Sciences Portfolio	HSP	Mutual Fund - Series
	T. Rowe Price Mid-Cap Growth Portfolio	MGP	Mutual Fund - Series
	T. Rowe Price New America Growth Portfolio	NAP	Mutual Fund - Series
	T. Rowe Price Personal Strategy Balanced Portfolio	PSP	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
T. Rowe Price Financial Services Fund, Inc.		FSF	Mutual Fund - Parent
T. Rowe Price Fixed Income Series, Inc.		FIS	Mutual Fund - Parent
	T. Rowe Price Government Money Portfolio	PRP	Mutual Fund - Series
	T. Rowe Price Limited-Term Bond Portfolio	LTP	Mutual Fund - Series
T. Rowe Price Floating Rate Fund, Inc.		FRI	Mutual Fund - Parent
T. Rowe Price Global Allocation Fund, Inc.		GAF	Mutual Fund - Parent
T. Rowe Price Global Multi-Sector Bond Fund, Inc.		SNF	Mutual Fund - Parent
T. Rowe Price Global Real Estate Fund, Inc.		GRE	Mutual Fund - Parent
T. Rowe Price Global Technology Fund, Inc.		GTF	Mutual Fund - Parent
T. Rowe Price GNMA Fund		GMA	Mutual Fund - Parent
T. Rowe Price Government Money Fund, Inc.		PRF	Mutual Fund - Parent
T. Rowe Price Growth & Income Fund, Inc.		GIF	Mutual Fund - Parent
T. Rowe Price Growth Stock Fund, Inc.		GSF	Mutual Fund - Parent
T. Rowe Price Health Sciences Fund, Inc.		HSF	Mutual Fund - Parent
T. Rowe Price High Yield Fund, Inc.		HYF	Mutual Fund - Parent
	T. Rowe Price U.S. High Yield Fund	UHY	Mutual Fund - Series
T. Rowe Price Index Trust, Inc.		INDX	Mutual Fund - Parent
	T. Rowe Price Equity Index 500 Fund	EXF	Mutual Fund - Series
	T. Rowe Price Extended Equity Market Index Fund	XMX	Mutual Fund - Series
	T. Rowe Price Mid-Cap Index Fund	MCX	Mutual Fund - Series
	T. Rowe Price Small-Cap Index Fund	SCX	Mutual Fund - Series
	T. Rowe Price Total Equity Market Index Fund	TMX	Mutual Fund - Series
T. Rowe Price Inflation Protected Bond Fund, Inc.		IPB	Mutual Fund - Parent
T. Rowe Price Institutional Equity Funds, Inc.		IEF	Mutual Fund - Parent
	T. Rowe Price Institutional Large-Cap Core Growth Fund	LCC	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Institutional Large-Cap Growth Fund	LCG	Mutual Fund - Series
	T. Rowe Price Institutional Large-Cap Value Fund	LCV	Mutual Fund - Series
	T. Rowe Price Institutional Mid-Cap Equity Growth Fund	MCE	Mutual Fund - Series
	T. Rowe Price Institutional Small-Cap Stock Fund	SCI	Mutual Fund - Series
	T. Rowe Price Institutional U.S. Structured Research Fund	IRF	Mutual Fund - Series
T. Rowe Price Institutional Income Funds, Inc.		IINCF	Mutual Fund - Parent
	T. Rowe Price Institutional Cash Reserves Fund	ICM	Mutual Fund - Series
	T. Rowe Price Institutional Core Plus Fund	ICP	Mutual Fund - Series
	T. Rowe Price Institutional Credit Opportunities Fund	ICO	Mutual Fund - Series
	T. Rowe Price Institutional Floating Rate Fund	IFR	Mutual Fund - Series
	T. Rowe Price Institutional Global Multi-Sector Bond Fund	IGM	Mutual Fund - Series
	T. Rowe Price Institutional High Yield Fund	HYI	Mutual Fund - Series
	T. Rowe Price Institutional Long Duration Credit Fund	LDC	Mutual Fund - Series
T. Rowe Price Institutional International Funds, Inc.		IIF	Mutual Fund - Parent
	T. Rowe Price Institutional Africa & Middle East Fund	IAM	Mutual Fund - Series
	T. Rowe Price Institutional Emerging Markets Bond Fund	IEB	Mutual Fund - Series
	T. Rowe Price Institutional Emerging Markets Equity Fund	IEM	Mutual Fund - Series
	T. Rowe Price Institutional Frontier Markets Equity Fund	IFM	Mutual Fund - Series
	T. Rowe Price Institutional Global Focused Growth Equity Fund	IGE	Mutual Fund - Series
	T. Rowe Price Institutional Global Growth Equity Fund	IGL	Mutual Fund - Series
	T. Rowe Price Institutional Global Value Equity Fund	IGV	Mutual Fund - Series
	T. Rowe Price Institutional International Bond Fund	IIB	Mutual Fund - Series
	T. Rowe Price Institutional International Concentrated Equity Fund	ICE	Mutual Fund - Series
	T. Rowe Price Institutional International Core Equity Fund	IIC	Mutual Fund - Series
	T. Rowe Price Institutional International Growth Equity Fund	FEF	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
T. Rowe Price Intermediate Tax-Free High Yield Fund, Inc.		ITF	Mutual Fund - Parent
T. Rowe Price International Funds, Inc.		PIF	Mutual Fund - Parent
	T. Rowe Price Africa & Middle East Fund	AME	Mutual Fund - Series
	T. Rowe Price Asia Opportunities Fund	AOF	Mutual Fund - Series
	T. Rowe Price Dynamic Global Bond Fund	GUN	Mutual Fund - Series
	T. Rowe Price Emerging Europe Fund	EEM	Mutual Fund - Series
	T. Rowe Price Emerging Markets Bond Fund	EMB	Mutual Fund - Series
	T. Rowe Price Emerging Markets Corporate Bond Fund	EMC	Mutual Fund - Series
	T. Rowe Price Emerging Markets Local Currency Bond Fund	EML	Mutual Fund - Series
	T. Rowe Price Emerging Markets Stock Fund	EMS	Mutual Fund - Series
	T. Rowe Price Emerging Markets Value Stock Fund	EMV	Mutual Fund - Series
	T. Rowe Price European Stock Fund	ESF	Mutual Fund - Series
	T. Rowe Price Global Consumer Fund	GCF	Mutual Fund - Series
	T. Rowe Price Global Growth Stock Fund	GLE	Mutual Fund - Series
	T. Rowe Price Global High Income Bond Fund	GHI	Mutual Fund - Series
	T. Rowe Price Global Industrials Fund	IND	Mutual Fund - Series
	T. Rowe Price Global Stock Fund	GLS	Mutual Fund - Series
	T. Rowe Price International Bond Fund	IBF	Mutual Fund - Series
	T. Rowe Price International Bond Fund (USD Hedged)	IBH	Mutual Fund - Series
	T. Rowe Price International Concentrated Equity Fund	ICN	Mutual Fund - Series
	T. Rowe Price International Discovery Fund	IDF	Mutual Fund - Series
	T. Rowe Price International Stock Fund	ISF	Mutual Fund - Series
	T. Rowe Price International Value Equity Fund	IGI	Mutual Fund - Series
	T. Rowe Price Japan Fund	JAF	Mutual Fund - Series
	T. Rowe Price Latin America Fund	LAM	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price New Asia Fund	NAS	Mutual Fund - Series
	T. Rowe Price Overseas Stock Fund	OSF	Mutual Fund - Series
T. Rowe Price International Index Fund, Inc.		IIXF	Mutual Fund - Parent
	T. Rowe Price International Equity Index Fund	IXF	Mutual Fund - Series
T. Rowe Price International Series, Inc.		INS	Mutual Fund - Parent
	T. Rowe Price International Stock Portfolio	ISP	Mutual Fund - Series
T. Rowe Price Limited Duration Inflation Focused Bond Fund, Inc.		STI	Mutual Fund - Parent
T. Rowe Price Media & Telecommunications Fund, Inc.		MTF	Mutual Fund - Parent
T. Rowe Price Mid-Cap Growth Fund, Inc.		MCG	Mutual Fund - Parent
T. Rowe Price Mid-Cap Value Fund, Inc.		MCV	Mutual Fund - Parent
T. Rowe Price Multi-Sector Account Portfolios, Inc.		MAPS	Mutual Fund - Parent
	T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio	EBS	Mutual Fund - Series
	T. Rowe Price Emerging Markets Local Multi-Sector Account Portfolio	ELS	Mutual Fund - Series
	T. Rowe Price Floating Rate Multi-Sector Account Portfolio	FRS	Mutual Fund - Series
	T. Rowe Price High Yield Multi-Sector Account Portfolio	HYS	Mutual Fund - Series
	T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio	IGS	Mutual Fund - Series
	T. Rowe Price Mortgage-Backed Securities Multi-Sector Account Portfolio	MBS	Mutual Fund - Series
T. Rowe Price Multi-Strategy Total Return Fund, Inc.		MSR	Mutual Fund - Parent
T. Rowe Price New America Growth Fund		NAG	Mutual Fund - Parent
T. Rowe Price New Era Fund, Inc.		NEF	Mutual Fund - Parent
T. Rowe Price New Horizons Fund, Inc.		NHF	Mutual Fund - Parent
T. Rowe Price New Income Fund, Inc.		NIF	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
T. Rowe Price Personal Strategy Funds, Inc.		PER	Mutual Fund - Parent
	T. Rowe Price Personal Strategy Balanced Fund	PSB	Mutual Fund - Series
	T. Rowe Price Personal Strategy Growth Fund	PSG	Mutual Fund - Series
	T. Rowe Price Personal Strategy Income Fund	PSI	Mutual Fund - Series
T. Rowe Price Quantitative Management Funds, Inc.		QUANT	Mutual Fund - Parent
	T. Rowe Price QM Global Equity Fund	QGE	Mutual Fund - Series
	T. Rowe Price QM U.S. Small-Cap Growth Equity Fund	DSG	Mutual Fund - Series
	T. Rowe Price QM U.S. Small & Mid-Cap Core Equity Fund	QSM	Mutual Fund - Series
	T. Rowe Price QM U.S. Value Equity Fund	QMV	Mutual Fund - Series
T. Rowe Price Real Assets Fund, Inc.		RAF	Mutual Fund - Parent
T. Rowe Price Real Estate Fund, Inc.		REF	Mutual Fund - Parent
T. Rowe Price Reserve Investment Funds, Inc.		RESFDS	Mutual Fund - Parent
	T. Rowe Price Government Reserve Fund	RES	Mutual Fund - Series
	T. Rowe Price Short-Term Government Fund	GRI	Mutual Fund - Series
	T. Rowe Price Short-Term Fund	REI	Mutual Fund - Series
	T. Rowe Price Treasury Reserve Fund	GRS	Mutual Fund - Series
T. Rowe Price Science & Technology Fund, Inc.		STF	Mutual Fund - Parent
T. Rowe Price Short-Term Bond Fund, Inc.		STB	Mutual Fund - Parent
	T. Rowe Price Ultra Short-Term Bond Fund	SBF	Mutual Fund - Series
T. Rowe Price Small-Cap Stock Fund, Inc.		SCS	Mutual Fund - Parent
T. Rowe Price Small-Cap Value Fund, Inc.		SCV	Mutual Fund - Parent
T. Rowe Price State Tax-Free Income Trust		STT	Mutual Fund - Parent
	Georgia Tax-Free Bond Fund	GAB	Mutual Fund - Series
	Maryland Short-Term Tax-Free Bond Fund	MDS	Mutual Fund - Series
	Maryland Tax-Free Bond Fund	MDB	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	Maryland Tax-Free Money Fund	MDM	Mutual Fund - Series
	New Jersey Tax-Free Bond Fund	NJB	Mutual Fund - Series
	New York Tax-Free Bond Fund	NYB	Mutual Fund - Series
	New York Tax-Free Money Fund	NYM	Mutual Fund - Series
	Virginia Tax-Free Bond Fund	VAB	Mutual Fund - Series
T. Rowe Price Summit Funds, Inc.		SIF	Mutual Fund - Parent
	T. Rowe Price Cash Reserves Fund	SCR	Mutual Fund - Series
T. Rowe Price Summit Municipal Funds, Inc.		SMF	Mutual Fund - Parent
	T. Rowe Price Summit Municipal Income Fund	SMI	Mutual Fund - Series
	T. Rowe Price Summit Municipal Intermediate Fund	SMT	Mutual Fund - Series
	T. Rowe Price Summit Municipal Money Market Fund	SMM	Mutual Fund - Series
T. Rowe Price Tax-Efficient Funds, Inc.		TEF	Mutual Fund - Parent
	T. Rowe Price Tax-Efficient Equity Fund	TMC	Mutual Fund - Series
T. Rowe Price Tax-Exempt Money Fund, Inc.		TEM	Mutual Fund - Parent
T. Rowe Price Tax-Free High Yield Fund, Inc.		TFH	Mutual Fund - Parent
T. Rowe Price Tax-Free Income Fund, Inc.		TFI	Mutual Fund - Parent
T. Rowe Price Tax-Free Short-Intermediate Fund, Inc.		TFS	Mutual Fund - Parent
T. Rowe Price Total Return Fund, Inc.		TTF	Mutual Fund - Parent
T. Rowe Price U.S. Bond Enhanced Index Fund, Inc.		UBX	Mutual Fund
T. Rowe Price U.S. Large-Cap Core Fund, Inc.		LCF	Mutual Fund - Parent
T. Rowe Price U.S. Treasury Funds, Inc.		USTF	Mutual Fund - Parent
	U.S. Treasury Intermediate Fund	USI	Mutual Fund - Series
	U.S. Treasury Long-Term Fund	USL	Mutual Fund - Series
	U.S. Treasury Money Fund	UST	Mutual Fund - Series
T. Rowe Price Value Fund, Inc.		VAL	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
'40 Act Registered Fund of Funds
T. Rowe Price Retirement Funds, Inc.		RDF	Mutual Fund - Parent
	T. Rowe Price Retirement 2005 Fund	RPJ	Mutual Fund - Series
	T. Rowe Price Retirement 2010 Fund	RPA	Mutual Fund - Series
	T. Rowe Price Retirement 2015 Fund	RPG	Mutual Fund - Series
	T. Rowe Price Retirement 2020 Fund	RPB	Mutual Fund - Series
	T. Rowe Price Retirement 2025 Fund	RPH	Mutual Fund - Series
	T. Rowe Price Retirement 2030 Fund	RPC	Mutual Fund - Series
	T. Rowe Price Retirement 2035 Fund	RPI	Mutual Fund - Series
	T. Rowe Price Retirement 2040 Fund	RPD	Mutual Fund - Series
	T. Rowe Price Retirement 2045 Fund	RPK	Mutual Fund - Series
	T. Rowe Price Retirement 2050 Fund	RPL	Mutual Fund - Series
	T. Rowe Price Retirement 2055 Fund	RPM	Mutual Fund - Series
	T. Rowe Price Retirement 2060 Fund	RPN	Mutual Fund - Series
	T. Rowe Price Retirement Balanced Fund	RPE	Mutual Fund - Series
	T. Rowe Price Retirement Income 2020 Fund	RIB	Mutual Fund - Series
	T. Rowe Price Retirement I 2005 Fund—I Class	RBI	Mutual Fund - Series
	T. Rowe Price Retirement I 2010 Fund—I Class	RCI	Mutual Fund - Series
	T. Rowe Price Retirement I 2015 Fund—I Class	RDI	Mutual Fund - Series
	T. Rowe Price Retirement I 2020 Fund—I Class	RFI	Mutual Fund - Series
	T. Rowe Price Retirement I 2025 Fund—I Class	RGI	Mutual Fund - Series
	T. Rowe Price Retirement I 2030 Fund—I Class	RHI	Mutual Fund - Series
	T. Rowe Price Retirement I 2035 Fund—I Class	RII	Mutual Fund - Series
	T. Rowe Price Retirement I 2040 Fund—I Class	RJI	Mutual Fund - Series
	T. Rowe Price Retirement I 2045 Fund—I Class	RKI	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Retirement I 2050 Fund—I Class	RMI	Mutual Fund - Series
	T. Rowe Price Retirement I 2055 Fund—I Class	RNI	Mutual Fund - Series
	T. Rowe Price Retirement I 2060 Fund—I Class	ROI	Mutual Fund - Series
	T. Rowe Price Retirement Balanced I Fund—I Class	RQI	Mutual Fund - Series
	T. Rowe Price Target 2005 Fund	TRA	Mutual Fund - Series
	T. Rowe Price Target 2010 Fund	TRB	Mutual Fund - Series
	T. Rowe Price Target 2015 Fund	TRC	Mutual Fund - Series
	T. Rowe Price Target 2020 Fund	TRD	Mutual Fund - Series
	T. Rowe Price Target 2025 Fund	TRE	Mutual Fund - Series
	T. Rowe Price Target 2030 Fund	TRG	Mutual Fund - Series
	T. Rowe Price Target 2035 Fund	TRH	Mutual Fund - Series
	T. Rowe Price Target 2040 Fund	TRJ	Mutual Fund - Series
	T. Rowe Price Target 2045 Fund	TRL	Mutual Fund - Series
	T. Rowe Price Target 2050 Fund	TRM	Mutual Fund - Series
	T. Rowe Price Target 2055 Fund	TRN	Mutual Fund - Series
	T. Rowe Price Target 2060 Fund	TRO	Mutual Fund - Series
T. Rowe Price Spectrum Fund, Inc.		SPC	Mutual Fund - Parent
	Spectrum Growth Fund	SPG	Mutual Fund - Series
	Spectrum Income Fund	SPI	Mutual Fund - Series
	Spectrum International Fund	SPF	Mutual Fund - Series

T. ROWE PRICE ASSOCIATES, INC.

October 30, 2017

The T. Rowe Price Funds

100 East Pratt Street

Baltimore, Maryland 21202

Subject:Amendment No. 3 to the Agreement dated October 30, 2017

Ladies and Gentlemen:

Reference is made to the letter agreement dated February 28, 2017 (“Agreement”) by and between each investment company listed on Exhibit A attached to the Agreement (each, a “Company”), on behalf of itself or, where noted on Exhibit A, on behalf of its Series (as defined therein), severally and not jointly (each Company and/or Series a “Fund”, and collectively the “Funds”) and T. Rowe Price Associates, Inc. (“TRP”). The Agreement was made in connection with the Fund Accounting Agreement (the “BNY Agreement”), effective as of February 28, 2017 (the “Effective Date”), as amended April 18, 2017, July 17, 2017, and October 30, 2017, by and between each Fund listed on Exhibit A attached to the Agreement, severally and not jointly, TRP, solely with respect to Section 3(c) thereof, and The Bank of New York Mellon, a New York banking organization (“BNY Mellon”).

TRP and the Funds hereby amend the Agreement by replacing Exhibit A, in its entirety, with amended Exhibit A, attached hereto as Attachment A. TRP and the Funds further amend the agreement such that all references to the “Fund” or the “Funds” also includes any T. Rowe Price Funds that may be established after the execution of the Agreement.

If there is any inconsistency between the terms of this Amendment and the Agreement, the terms of this Amendment will govern. Defined terms used and not otherwise defined in this Amendment shall have the meanings ascribed to them in the Agreement. Except as specifically and only to the extent modified by this Amendment, all of the terms and provisions of the Agreement and the Fund Accounting Agreement shall continue to remain in full force and effect.

[Remainder of page intentionally left blank.]

If you are in agreement with the terms set forth above, please sign in the space provided below and return an executed copy to us.

Very truly yours,

T. ROWE PRICE ASSOCIATES, INC.

By: /s/ David Oestreicher

Name: David Oestreicher

Title: Vice President

AGREED AND ACCEPTED:

By: /s/ Darrell Braman

on behalf of each Fund

identified on Exhibit A

attached hereto

Name: Darrell Braman

Title: Secretary of the Funds

ATTACHMENT A

Amended Exhibit A

Mutual Fund Entity Name		Reference ID	Entity Type
‘40 Act Registered Funds
T. Rowe Price Balanced Fund, Inc.		BAL	Mutual Fund - Parent
T. Rowe Price Blue Chip Growth Fund, Inc.		BCG	Mutual Fund - Parent
T. Rowe Price Capital Appreciation Fund, Inc.		CAF	Mutual Fund - Parent
T. Rowe Price Capital Appreciation & Income Fund, Inc.		CAN	Mutual Fund - Parent
T. Rowe Price Capital Opportunity Fund, Inc.		COF	Mutual Fund - Parent
T. Rowe Price Corporate Income Fund, Inc.		CIF	Mutual Fund - Parent
T. Rowe Price Credit Opportunities Fund, Inc.		CRO	Mutual Fund - Parent
T. Rowe Price Diversified Mid-Cap Growth Fund, Inc.		DMG	Mutual Fund - Parent
T. Rowe Price Dividend Growth Fund, Inc.		DGF	Mutual Fund - Parent
T. Rowe Price Equity Income Fund, Inc.		EIF	Mutual Fund - Parent
T. Rowe Price Equity Series, Inc.		EQS	Mutual Fund - Parent
	T. Rowe Price Blue Chip Growth Portfolio	BCP	Mutual Fund - Series
	T. Rowe Price Equity Income Portfolio	EIP	Mutual Fund - Series
	T. Rowe Price Equity Index 500 Portfolio	EXP	Mutual Fund - Series
	T. Rowe Price Health Sciences Portfolio	HSP	Mutual Fund - Series
	T. Rowe Price Mid-Cap Growth Portfolio	MGP	Mutual Fund - Series
	T. Rowe Price New America Growth Portfolio	NAP	Mutual Fund - Series
	T. Rowe Price Personal Strategy Balanced Portfolio	PSP	Mutual Fund - Series
T. Rowe Price Financial Services Fund, Inc.		FSF	Mutual Fund - Parent
T. Rowe Price Fixed Income Series, Inc.		FIS	Mutual Fund - Parent
	T. Rowe Price Government Money Portfolio	PRP	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Limited-Term Bond Portfolio	LTP	Mutual Fund - Series
T. Rowe Price Floating Rate Fund, Inc.		FRI	Mutual Fund - Parent
T. Rowe Price Global Allocation Fund, Inc.		GAF	Mutual Fund - Parent
T. Rowe Price Global Multi-Sector Bond Fund, Inc.		SNF	Mutual Fund - Parent
T. Rowe Price Global Real Estate Fund, Inc.		GRE	Mutual Fund - Parent
T. Rowe Price Global Technology Fund, Inc.		GTF	Mutual Fund - Parent
T. Rowe Price GNMA Fund, Inc.		GMA	Mutual Fund - Parent
T. Rowe Price Government Money Fund, Inc.		PRF	Mutual Fund - Parent
T. Rowe Price Growth & Income Fund, Inc.		GIF	Mutual Fund - Parent
T. Rowe Price Growth Stock Fund, Inc.		GSF	Mutual Fund - Parent
T. Rowe Price Health Sciences Fund, Inc.		HSF	Mutual Fund - Parent
T. Rowe Price High Yield Fund, Inc.		HYF	Mutual Fund - Parent
	T. Rowe Price U.S. High Yield Fund	UHY	Mutual Fund - Series
T. Rowe Price Index Trust, Inc.		INDX	Mutual Fund - Parent
	T. Rowe Price Equity Index 500 Fund	EXF	Mutual Fund - Series
	T. Rowe Price Extended Equity Market Index Fund	XMX	Mutual Fund - Series
	T. Rowe Price Mid-Cap Index Fund	MCX	Mutual Fund - Series
	T. Rowe Price Small-Cap Index Fund	SCX	Mutual Fund - Series
	T. Rowe Price Total Equity Market Index Fund	TMX	Mutual Fund - Series
T. Rowe Price Inflation Protected Bond Fund, Inc.		IPB	Mutual Fund - Parent
T. Rowe Price Institutional Equity Funds, Inc.		IEF	Mutual Fund - Parent
	T. Rowe Price Institutional Large-Cap Core Growth Fund	LCC	Mutual Fund - Series
	T. Rowe Price Institutional Large-Cap Growth Fund	LCG	Mutual Fund - Series
	T. Rowe Price Institutional Large-Cap Value Fund	LCV	Mutual Fund - Series
	T. Rowe Price Institutional Mid-Cap Equity Growth Fund	MCE	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Institutional Small-Cap Stock Fund	SCI	Mutual Fund - Series
	T. Rowe Price Institutional U.S. Structured Research Fund	IRF	Mutual Fund - Series
T. Rowe Price Institutional Income Funds, Inc.		IINCF	Mutual Fund - Parent
	T. Rowe Price Institutional Cash Reserves Fund	ICM	Mutual Fund - Series
	T. Rowe Price Institutional Core Plus Fund	ICP	Mutual Fund - Series
	T. Rowe Price Institutional Credit Opportunities Fund	ICO	Mutual Fund - Series
	T. Rowe Price Institutional Floating Rate Fund	IFR	Mutual Fund - Series
	T. Rowe Price Institutional Global Multi-Sector Bond Fund	IGM	Mutual Fund - Series
	T. Rowe Price Institutional High Yield Fund	HYI	Mutual Fund - Series
	T. Rowe Price Institutional Long Duration Credit Fund	LDC	Mutual Fund - Series
T. Rowe Price Institutional International Funds, Inc.		IIF	Mutual Fund - Parent
	T. Rowe Price Institutional Africa & Middle East Fund	IAM	Mutual Fund - Series
	T. Rowe Price Institutional Emerging Markets Bond Fund	IEB	Mutual Fund - Series
	T. Rowe Price Institutional Emerging Markets Equity Fund	IEM	Mutual Fund - Series
	T. Rowe Price Institutional Frontier Markets Equity Fund	IFM	Mutual Fund - Series
	T. Rowe Price Institutional Global Focused Growth Equity Fund	IGE	Mutual Fund - Series
	T. Rowe Price Institutional Global Growth Equity Fund	IGL	Mutual Fund - Series
	T. Rowe Price Institutional Global Value Equity Fund	IGV	Mutual Fund - Series
	T. Rowe Price Institutional International Bond Fund	IIB	Mutual Fund - Series
	T. Rowe Price Institutional International Concentrated Equity Fund	ICE	Mutual Fund - Series
	T. Rowe Price Institutional International Core Equity Fund	IIC	Mutual Fund - Series
	T. Rowe Price Institutional International Growth Equity Fund	FEF	Mutual Fund - Series
T. Rowe Price Intermediate Tax-Free High Yield Fund, Inc.		ITF	Mutual Fund - Parent
T. Rowe Price International Funds, Inc.		PIF	Mutual Fund - Parent
	T. Rowe Price Africa & Middle East Fund	AME	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Asia Opportunities Fund	AOF	Mutual Fund - Series
	T. Rowe Price Dynamic Global Bond Fund	GUN	Mutual Fund - Series
	T. Rowe Price Emerging Europe Fund	EEM	Mutual Fund - Series
	T. Rowe Price Emerging Markets Bond Fund	EMB	Mutual Fund - Series
	T. Rowe Price Emerging Markets Corporate Bond Fund	EMC	Mutual Fund - Series
	T. Rowe Price Emerging Markets Local Currency Bond Fund	EML	Mutual Fund - Series
	T. Rowe Price Emerging Markets Stock Fund	EMS	Mutual Fund - Series
	T. Rowe Price Emerging Markets Value Stock Fund	EMV	Mutual Fund - Series
	T. Rowe Price European Stock Fund	ESF	Mutual Fund - Series
	T. Rowe Price Global Consumer Fund	GCF	Mutual Fund - Series
	T. Rowe Price Global Growth Stock Fund	GLE	Mutual Fund - Series
	T. Rowe Price Global High Income Bond Fund	GHI	Mutual Fund - Series
	T. Rowe Price Global Industrials Fund	IND	Mutual Fund - Series
	T. Rowe Price Global Stock Fund	GLS	Mutual Fund - Series
	T. Rowe Price International Bond Fund	IBF	Mutual Fund - Series
	T. Rowe Price International Bond Fund (USD Hedged)	IBH	Mutual Fund - Series
	T. Rowe Price International Concentrated Equity Fund	ICN	Mutual Fund - Series
	T. Rowe Price International Discovery Fund	IDF	Mutual Fund - Series
	T. Rowe Price International Stock Fund	ISF	Mutual Fund - Series
	T. Rowe Price International Value Equity Fund	IGI	Mutual Fund - Series
	T. Rowe Price Japan Fund	JAF	Mutual Fund - Series
	T. Rowe Price Latin America Fund	LAM	Mutual Fund - Series
	T. Rowe Price New Asia Fund	NAS	Mutual Fund - Series
	T. Rowe Price Overseas Stock Fund	OSF	Mutual Fund - Series
T. Rowe Price International Index Fund, Inc.		IIXF	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price International Equity Index Fund	IXF	Mutual Fund - Series
T. Rowe Price International Series, Inc.		INS	Mutual Fund - Parent
	T. Rowe Price International Stock Portfolio	ISP	Mutual Fund - Series
T. Rowe Price Limited Duration Inflation Focused Bond Fund, Inc.		STI	Mutual Fund - Parent
T. Rowe Price Media & Telecommunications Fund, Inc.		MTF	Mutual Fund - Parent
T. Rowe Price Mid-Cap Growth Fund, Inc.		MCG	Mutual Fund - Parent
T. Rowe Price Mid-Cap Value Fund, Inc.		MCV	Mutual Fund - Parent
T. Rowe Price Multi-Sector Account Portfolios, Inc.		MAPS	Mutual Fund - Parent
	T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio	EBS	Mutual Fund - Series
	T. Rowe Price Emerging Markets Local Multi-Sector Account Portfolio	ELS	Mutual Fund - Series
	T. Rowe Price Floating Rate Multi-Sector Account Portfolio	FRS	Mutual Fund - Series
	T. Rowe Price High Yield Multi-Sector Account Portfolio	HYS	Mutual Fund - Series
	T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio	IGS	Mutual Fund - Series
	T. Rowe Price Mortgage-Backed Securities Multi-Sector Account Portfolio	MBS	Mutual Fund - Series
T. Rowe Price Multi-Strategy Total Return Fund, Inc.		MSR	Mutual Fund - Parent
T. Rowe Price New America Growth Fund, Inc.		NAG	Mutual Fund - Parent
T. Rowe Price New Era Fund, Inc.		NEF	Mutual Fund - Parent
T. Rowe Price New Horizons Fund, Inc.		NHF	Mutual Fund - Parent
T. Rowe Price New Income Fund, Inc.		NIF	Mutual Fund - Parent
T. Rowe Price Personal Strategy Funds, Inc.		PER	Mutual Fund - Parent
	T. Rowe Price Personal Strategy Balanced Fund	PSB	Mutual Fund - Series
	T. Rowe Price Personal Strategy Growth Fund	PSG	Mutual Fund - Series
	T. Rowe Price Personal Strategy Income Fund	PSI	Mutual Fund - Series
T. Rowe Price Quantitative Management Funds, Inc.		QUANT	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price QM Global Equity Fund	QGE	Mutual Fund - Series
	T. Rowe Price QM U.S. Small-Cap Growth Equity Fund	DSG	Mutual Fund - Series
	T. Rowe Price QM U.S. Small & Mid-Cap Core Equity Fund	QSM	Mutual Fund - Series
	T. Rowe Price QM U.S. Value Equity Fund	QMV	Mutual Fund - Series
T. Rowe Price Real Assets Fund, Inc.		RAF	Mutual Fund - Parent
T. Rowe Price Real Estate Fund, Inc.		REF	Mutual Fund - Parent
T. Rowe Price Reserve Investment Funds, Inc.		RESFDS	Mutual Fund - Parent
	T. Rowe Price Government Reserve Fund	RES	Mutual Fund - Series
	T. Rowe Price Short-Term Government Fund	GRI	Mutual Fund - Series
	T. Rowe Price Short-Term Fund	REI	Mutual Fund - Series
	T. Rowe Price Treasury Reserve Fund	GRS	Mutual Fund - Series
T. Rowe Price Science & Technology Fund, Inc.		STF	Mutual Fund - Parent
T. Rowe Price Short-Term Bond Fund, Inc.		STB	Mutual Fund - Parent
	T. Rowe Price Ultra Short-Term Bond Fund	SBF	Mutual Fund - Series
T. Rowe Price Small-Cap Stock Fund, Inc.		SCS	Mutual Fund - Parent
T. Rowe Price Small-Cap Value Fund, Inc.		SCV	Mutual Fund - Parent
T. Rowe Price State Tax-Free Funds, Inc.		STT	Mutual Fund - Parent
	T. Rowe Price California Tax-Free Bond Fund	CAB	Mutual Fund - Series
	T. Rowe Price California Tax-Free Money Fund	CAM	Mutual Fund - Series
	T. Rowe Price Georgia Tax-Free Bond Fund	GAB	Mutual Fund - Series
	T. Rowe Price Maryland Short-Term Tax-Free Bond Fund	MDS	Mutual Fund - Series
	T. Rowe Price Maryland Tax-Free Bond Fund	MDB	Mutual Fund - Series
	T. Rowe Price Maryland Tax-Free Money Fund	MDM	Mutual Fund - Series
	T. Rowe Price New Jersey Tax-Free Bond Fund	NJB	Mutual Fund - Series
	T. Rowe Price New York Tax-Free Bond Fund	NYB	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price New York Tax-Free Money Fund	NYM	Mutual Fund - Series
	T. Rowe Price Virginia Tax-Free Bond Fund	VAB	Mutual Fund - Series
T. Rowe Price Summit Funds, Inc.		SIF	Mutual Fund - Parent
	T. Rowe Price Cash Reserves Fund	SCR	Mutual Fund - Series
T. Rowe Price Summit Municipal Funds, Inc.		SMF	Mutual Fund - Parent
	T. Rowe Price Summit Municipal Income Fund	SMI	Mutual Fund - Series
	T. Rowe Price Summit Municipal Intermediate Fund	SMT	Mutual Fund - Series
	T. Rowe Price Summit Municipal Money Market Fund	SMM	Mutual Fund - Series
T. Rowe Price Tax-Efficient Funds, Inc.		TEF	Mutual Fund - Parent
	T. Rowe Price Tax-Efficient Equity Fund	TMC	Mutual Fund - Series
T. Rowe Price Tax-Exempt Money Fund, Inc.		TEM	Mutual Fund - Parent
T. Rowe Price Tax-Free High Yield Fund, Inc.		TFH	Mutual Fund - Parent
T. Rowe Price Tax-Free Income Fund, Inc.		TFI	Mutual Fund - Parent
T. Rowe Price Tax-Free Short-Intermediate Fund, Inc.		TFS	Mutual Fund - Parent
T. Rowe Price Total Return Fund, Inc.		TTF	Mutual Fund - Parent
T. Rowe Price U.S. Bond Enhanced Index Fund, Inc.		UBX	Mutual Fund
T. Rowe Price U.S. Large-Cap Core Fund, Inc.		LCF	Mutual Fund - Parent
T. Rowe Price U.S. Treasury Funds, Inc.		USTF	Mutual Fund - Parent
	U.S. Treasury Intermediate Fund	USI	Mutual Fund - Series
	U.S. Treasury Long-Term Fund	USL	Mutual Fund - Series
	U.S. Treasury Money Fund	UST	Mutual Fund - Series
T. Rowe Price Value Fund, Inc.		VAL	Mutual Fund - Parent
'40 Act Registered Fund of Funds
T. Rowe Price Retirement Funds, Inc.		RDF	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Retirement 2005 Fund	RPJ	Mutual Fund - Series
	T. Rowe Price Retirement 2010 Fund	RPA	Mutual Fund - Series
	T. Rowe Price Retirement 2015 Fund	RPG	Mutual Fund - Series
	T. Rowe Price Retirement 2020 Fund	RPB	Mutual Fund - Series
	T. Rowe Price Retirement 2025 Fund	RPH	Mutual Fund - Series
	T. Rowe Price Retirement 2030 Fund	RPC	Mutual Fund - Series
	T. Rowe Price Retirement 2035 Fund	RPI	Mutual Fund - Series
	T. Rowe Price Retirement 2040 Fund	RPD	Mutual Fund - Series
	T. Rowe Price Retirement 2045 Fund	RPK	Mutual Fund - Series
	T. Rowe Price Retirement 2050 Fund	RPL	Mutual Fund - Series
	T. Rowe Price Retirement 2055 Fund	RPM	Mutual Fund - Series
	T. Rowe Price Retirement 2060 Fund	RPN	Mutual Fund - Series
	T. Rowe Price Retirement Balanced Fund	RPE	Mutual Fund - Series
	T. Rowe Price Retirement Income 2020 Fund	RIB	Mutual Fund - Series
	T. Rowe Price Retirement I 2005 Fund—I Class	RBI	Mutual Fund - Series
	T. Rowe Price Retirement I 2010 Fund—I Class	RCI	Mutual Fund - Series
	T. Rowe Price Retirement I 2015 Fund—I Class	RDI	Mutual Fund - Series
	T. Rowe Price Retirement I 2020 Fund—I Class	RFI	Mutual Fund - Series
	T. Rowe Price Retirement I 2025 Fund—I Class	RGI	Mutual Fund - Series
	T. Rowe Price Retirement I 2030 Fund—I Class	RHI	Mutual Fund - Series
	T. Rowe Price Retirement I 2035 Fund—I Class	RII	Mutual Fund - Series
	T. Rowe Price Retirement I 2040 Fund—I Class	RJI	Mutual Fund - Series
	T. Rowe Price Retirement I 2045 Fund—I Class	RKI	Mutual Fund - Series
	T. Rowe Price Retirement I 2050 Fund—I Class	RMI	Mutual Fund - Series
	T. Rowe Price Retirement I 2055 Fund—I Class	RNI	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Retirement I 2060 Fund—I Class	ROI	Mutual Fund - Series
	T. Rowe Price Retirement Balanced I Fund—I Class	RQI	Mutual Fund - Series
	T. Rowe Price Target 2005 Fund	TRA	Mutual Fund - Series
	T. Rowe Price Target 2010 Fund	TRB	Mutual Fund - Series
	T. Rowe Price Target 2015 Fund	TRC	Mutual Fund - Series
	T. Rowe Price Target 2020 Fund	TRD	Mutual Fund - Series
	T. Rowe Price Target 2025 Fund	TRE	Mutual Fund - Series
	T. Rowe Price Target 2030 Fund	TRG	Mutual Fund - Series
	T. Rowe Price Target 2035 Fund	TRH	Mutual Fund - Series
	T. Rowe Price Target 2040 Fund	TRJ	Mutual Fund - Series
	T. Rowe Price Target 2045 Fund	TRL	Mutual Fund - Series
	T. Rowe Price Target 2050 Fund	TRM	Mutual Fund - Series
	T. Rowe Price Target 2055 Fund	TRN	Mutual Fund - Series
	T. Rowe Price Target 2060 Fund	TRO	Mutual Fund - Series
T. Rowe Price Spectrum Fund, Inc.		SPC	Mutual Fund - Parent
	Spectrum Growth Fund	SPG	Mutual Fund - Series
	Spectrum Income Fund	SPI	Mutual Fund - Series
	Spectrum International Fund	SPF	Mutual Fund - Series

T. ROWE PRICE ASSOCIATES, INC.

August 9, 2018

The T. Rowe Price Funds

100 East Pratt Street

Baltimore, Maryland 21202

Subject:Amendment No. 4 to the Agreement dated August 9, 2018

Ladies and Gentlemen:

Reference is made to the letter agreement dated February 28, 2017 (“Agreement”) by and between each investment company listed on Exhibit A attached to the Agreement (each, a “Company”), on behalf of itself or, where noted on Exhibit A, on behalf of its Series (as defined therein), severally and not jointly (each Company and/or Series a “Fund”, and collectively the “Funds”) and T. Rowe Price Associates, Inc. (“TRP”). The Agreement was made in connection with the Fund Accounting Agreement (the “BNY Agreement”), effective as of February 28, 2017 (the “Effective Date”), as amended April 18, 2017, July 17, 2017, October 30, 2017, and August 9, 2018 by and between each Fund listed on Exhibit A attached to the Agreement, severally and not jointly, TRP, solely with respect to Section 3(c) thereof, and The Bank of New York Mellon, a New York banking organization (“BNY Mellon”).

TRP and the Funds hereby amend the Agreement by replacing Exhibit A, in its entirety, with amended Exhibit A, attached hereto as Attachment A. TRP and the Funds further amend the agreement such that all references to the “Fund” or the “Funds” also includes any T. Rowe Price Funds that may be established after the execution of the Agreement.

If there is any inconsistency between the terms of this Amendment and the Agreement, the terms of this Amendment will govern. Defined terms used and not otherwise defined in this Amendment shall have the meanings ascribed to them in the Agreement. Except as specifically and only to the extent modified by this Amendment, all of the terms and provisions of the Agreement and the Fund Accounting Agreement shall continue to remain in full force and effect.

[Remainder of page intentionally left blank.]

If you are in agreement with the terms set forth above, please sign in the space provided below and return an executed copy to us.

Very truly yours,

T. ROWE PRICE ASSOCIATES, INC.

By: /s/ David Oestreicher

Name: David Oestreicher

Title: Vice President

AGREED AND ACCEPTED:

By: /s/ Darrell Braman

on behalf of each Fund

identified on Exhibit A

attached hereto

Name: Darrell Braman

Title: Secretary of the Funds

ATTACHMENT A

Amended Exhibit A

Mutual Fund Entity Name		Reference ID	Entity Type
‘40 Act Registered Funds
T. Rowe Price Balanced Fund, Inc.		BAL	Mutual Fund - Parent
T. Rowe Price Blue Chip Growth Fund, Inc.		BCG	Mutual Fund - Parent
T. Rowe Price Capital Appreciation Fund, Inc.		CAF	Mutual Fund - Parent
T. Rowe Price Capital Appreciation & Income Fund, Inc.		CAN	Mutual Fund - Parent
T. Rowe Price Capital Opportunity Fund, Inc.		COF	Mutual Fund - Parent
T. Rowe Price Communications & Technology Fund, Inc.		MTF	Mutual Fund - Parent
T. Rowe Price Corporate Income Fund, Inc.		CIF	Mutual Fund - Parent
T. Rowe Price Credit Opportunities Fund, Inc.		CRO	Mutual Fund - Parent
T. Rowe Price Diversified Mid-Cap Growth Fund, Inc.		DMG	Mutual Fund - Parent
T. Rowe Price Dividend Growth Fund, Inc.		DGF	Mutual Fund - Parent
T. Rowe Price Equity Income Fund, Inc.		EIF	Mutual Fund - Parent
T. Rowe Price Equity Series, Inc.		EQS	Mutual Fund - Parent
	T. Rowe Price Blue Chip Growth Portfolio	BCP	Mutual Fund - Series
	T. Rowe Price Equity Income Portfolio	EIP	Mutual Fund - Series
	T. Rowe Price Equity Index 500 Portfolio	EXP	Mutual Fund - Series
	T. Rowe Price Health Sciences Portfolio	HSP	Mutual Fund - Series
	T. Rowe Price Mid-Cap Growth Portfolio	MGP	Mutual Fund - Series
	T. Rowe Price New America Growth Portfolio	NAP	Mutual Fund - Series
	T. Rowe Price Personal Strategy Balanced Portfolio	PSP	Mutual Fund - Series
T. Rowe Price Financial Services Fund, Inc.		FSF	Mutual Fund - Parent
T. Rowe Price Fixed Income Series, Inc.		FIS	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Government Money Portfolio	PRP	Mutual Fund - Series
	T. Rowe Price Limited-Term Bond Portfolio	LTP	Mutual Fund - Series
T. Rowe Price Floating Rate Fund, Inc.		FRI	Mutual Fund - Parent
T. Rowe Price Global Allocation Fund, Inc.		GAF	Mutual Fund - Parent
T. Rowe Price Global Multi-Sector Bond Fund, Inc.		SNF	Mutual Fund - Parent
T. Rowe Price Global Real Estate Fund, Inc.		GRE	Mutual Fund - Parent
T. Rowe Price Global Technology Fund, Inc.		GTF	Mutual Fund - Parent
T. Rowe Price GNMA Fund, Inc.		GMA	Mutual Fund - Parent
T. Rowe Price Government Money Fund, Inc.		PRF	Mutual Fund - Parent
T. Rowe Price Growth & Income Fund, Inc.		GIF	Mutual Fund - Parent
T. Rowe Price Growth Stock Fund, Inc.		GSF	Mutual Fund - Parent
T. Rowe Price Health Sciences Fund, Inc.		HSF	Mutual Fund - Parent
T. Rowe Price High Yield Fund, Inc.		HYF	Mutual Fund - Parent
	T. Rowe Price U.S. High Yield Fund	UHY	Mutual Fund - Series
T. Rowe Price Index Trust, Inc.		INDX	Mutual Fund - Parent
	T. Rowe Price Equity Index 500 Fund	EXF	Mutual Fund - Series
	T. Rowe Price Extended Equity Market Index Fund	XMX	Mutual Fund - Series
	T. Rowe Price Mid-Cap Index Fund	MCX	Mutual Fund - Series
	T. Rowe Price Small-Cap Index Fund	SCX	Mutual Fund - Series
	T. Rowe Price Total Equity Market Index Fund	TMX	Mutual Fund - Series
T. Rowe Price Inflation Protected Bond Fund, Inc.		IPB	Mutual Fund - Parent
T. Rowe Price Institutional Equity Funds, Inc.		IEF	Mutual Fund - Parent
	T. Rowe Price Institutional Large-Cap Core Growth Fund	LCC	Mutual Fund - Series
	T. Rowe Price Institutional Large-Cap Growth Fund	LCG	Mutual Fund - Series
	T. Rowe Price Institutional Large-Cap Value Fund	LCV	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Institutional Mid-Cap Equity Growth Fund	MCE	Mutual Fund - Series
	T. Rowe Price Institutional Small-Cap Stock Fund	SCI	Mutual Fund - Series
	T. Rowe Price Institutional U.S. Structured Research Fund	IRF	Mutual Fund - Series
T. Rowe Price Institutional Income Funds, Inc.		IINCF	Mutual Fund - Parent
	T. Rowe Price Institutional Cash Reserves Fund	ICM	Mutual Fund - Series
	T. Rowe Price Institutional Core Plus Fund	ICP	Mutual Fund - Series
	T. Rowe Price Institutional Floating Rate Fund	IFR	Mutual Fund - Series
	T. Rowe Price Institutional High Yield Fund	HYI	Mutual Fund - Series
	T. Rowe Price Institutional Long Duration Credit Fund	LDC	Mutual Fund - Series
T. Rowe Price Institutional International Funds, Inc.		IIF	Mutual Fund - Parent
	T. Rowe Price Institutional Africa & Middle East Fund	IAM	Mutual Fund - Series
	T. Rowe Price Institutional Emerging Markets Bond Fund	IEB	Mutual Fund - Series
	T. Rowe Price Institutional Emerging Markets Equity Fund	IEM	Mutual Fund - Series
	T. Rowe Price Institutional Frontier Markets Equity Fund	IFM	Mutual Fund - Series
	T. Rowe Price Institutional Global Focused Growth Equity Fund	IGE	Mutual Fund - Series
	T. Rowe Price Institutional Global Growth Equity Fund	IGL	Mutual Fund - Series
	T. Rowe Price Institutional Global Value Equity Fund	IGV	Mutual Fund - Series
	T. Rowe Price Institutional International Bond Fund	IIB	Mutual Fund - Series
	T. Rowe Price Institutional International Concentrated Equity Fund	ICE	Mutual Fund - Series
	T. Rowe Price Institutional International Core Equity Fund	IIC	Mutual Fund - Series
	T. Rowe Price Institutional International Growth Equity Fund	FEF	Mutual Fund - Series
T. Rowe Price Intermediate Tax-Free High Yield Fund, Inc.		ITF	Mutual Fund - Parent
T. Rowe Price International Funds, Inc.		PIF	Mutual Fund - Parent
	T. Rowe Price Africa & Middle East Fund	AME	Mutual Fund - Series
	T. Rowe Price Asia Opportunities Fund	AOF	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Dynamic Credit Fund	DCF	Mutual Fund - Series
	T. Rowe Price Dynamic Global Bond Fund	GUN	Mutual Fund - Series
	T. Rowe Price Emerging Europe Fund	EEM	Mutual Fund - Series
	T. Rowe Price Emerging Markets Bond Fund	EMB	Mutual Fund - Series
	T. Rowe Price Emerging Markets Corporate Bond Fund	EMC	Mutual Fund - Series
	T. Rowe Price Emerging Markets Local Currency Bond Fund	EML	Mutual Fund - Series
	T. Rowe Price Emerging Markets Stock Fund	EMS	Mutual Fund - Series
	T. Rowe Price Emerging Markets Value Stock Fund	EMV	Mutual Fund - Series
	T. Rowe Price European Stock Fund	ESF	Mutual Fund - Series
	T. Rowe Price Global Consumer Fund	GCF	Mutual Fund - Series
	T. Rowe Price Global Growth Stock Fund	GLE	Mutual Fund - Series
	T. Rowe Price Global High Income Bond Fund	GHI	Mutual Fund - Series
	T. Rowe Price Global Industrials Fund	IND	Mutual Fund - Series
	T. Rowe Price Global Stock Fund	GLS	Mutual Fund - Series
	T. Rowe Price International Bond Fund	IBF	Mutual Fund - Series
	T. Rowe Price International Bond Fund (USD Hedged)	IBH	Mutual Fund - Series
	T. Rowe Price International Concentrated Equity Fund	ICN	Mutual Fund - Series
	T. Rowe Price International Discovery Fund	IDF	Mutual Fund - Series
	T. Rowe Price International Stock Fund	ISF	Mutual Fund - Series
	T. Rowe Price International Value Equity Fund	IGI	Mutual Fund - Series
	T. Rowe Price Japan Fund	JAF	Mutual Fund - Series
	T. Rowe Price Latin America Fund	LAM	Mutual Fund - Series
	T. Rowe Price New Asia Fund	NAS	Mutual Fund - Series
	T. Rowe Price Overseas Stock Fund	OSF	Mutual Fund - Series
T. Rowe Price International Index Fund, Inc.		IIXF	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price International Equity Index Fund	IXF	Mutual Fund - Series
T. Rowe Price International Series, Inc.		INS	Mutual Fund - Parent
	T. Rowe Price International Stock Portfolio	ISP	Mutual Fund - Series
T. Rowe Price Limited Duration Inflation Focused Bond Fund, Inc.		STI	Mutual Fund - Parent
T. Rowe Price Mid-Cap Growth Fund, Inc.		MCG	Mutual Fund - Parent
T. Rowe Price Mid-Cap Value Fund, Inc.		MCV	Mutual Fund - Parent
T. Rowe Price Multi-Sector Account Portfolios, Inc.		MAPS	Mutual Fund - Parent
	T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio	EBS	Mutual Fund - Series
	T. Rowe Price Emerging Markets Local Multi-Sector Account Portfolio	ELS	Mutual Fund - Series
	T. Rowe Price Floating Rate Multi-Sector Account Portfolio	FRS	Mutual Fund - Series
	T. Rowe Price High Yield Multi-Sector Account Portfolio	HYS	Mutual Fund - Series
	T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio	IGS	Mutual Fund - Series
	T. Rowe Price Mortgage-Backed Securities Multi-Sector Account Portfolio	MBS	Mutual Fund - Series
T. Rowe Price Multi-Strategy Total Return Fund, Inc.		MSR	Mutual Fund - Parent
T. Rowe Price New America Growth Fund, Inc.		NAG	Mutual Fund - Parent
T. Rowe Price New Era Fund, Inc.		NEF	Mutual Fund - Parent
T. Rowe Price New Horizons Fund, Inc.		NHF	Mutual Fund - Parent
T. Rowe Price New Income Fund, Inc.		NIF	Mutual Fund - Parent
T. Rowe Price Personal Strategy Funds, Inc.		PER	Mutual Fund - Parent
	T. Rowe Price Personal Strategy Balanced Fund	PSB	Mutual Fund - Series
	T. Rowe Price Personal Strategy Growth Fund	PSG	Mutual Fund - Series
	T. Rowe Price Personal Strategy Income Fund	PSI	Mutual Fund - Series
T. Rowe Price Quantitative Management Funds, Inc.		QUANT	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price QM Global Equity Fund	QGE	Mutual Fund - Series
	T. Rowe Price QM U.S. Small-Cap Growth Equity Fund	DSG	Mutual Fund - Series
	T. Rowe Price QM U.S. Small & Mid-Cap Core Equity Fund	QSM	Mutual Fund - Series
	T. Rowe Price QM U.S. Value Equity Fund	QMV	Mutual Fund - Series
T. Rowe Price Real Assets Fund, Inc.		RAF	Mutual Fund - Parent
T. Rowe Price Real Estate Fund, Inc.		REF	Mutual Fund - Parent
T. Rowe Price Reserve Investment Funds, Inc.		RESFDS	Mutual Fund - Parent
	T. Rowe Price Government Reserve Fund	RES	Mutual Fund - Series
	T. Rowe Price Short-Term Government Fund	GRI	Mutual Fund - Series
	T. Rowe Price Short-Term Fund	REI	Mutual Fund - Series
	T. Rowe Price Treasury Reserve Fund	GRS	Mutual Fund - Series
T. Rowe Price Science & Technology Fund, Inc.		STF	Mutual Fund - Parent
T. Rowe Price Short-Term Bond Fund, Inc.		STB	Mutual Fund - Parent
	T. Rowe Price Ultra Short-Term Bond Fund	SBF	Mutual Fund - Series
T. Rowe Price Small-Cap Stock Fund, Inc.		SCS	Mutual Fund - Parent
T. Rowe Price Small-Cap Value Fund, Inc.		SCV	Mutual Fund - Parent
T. Rowe Price State Tax-Free Funds, Inc.		STT	Mutual Fund - Parent
	T. Rowe Price California Tax-Free Bond Fund	CAB	Mutual Fund - Series
	T. Rowe Price California Tax-Free Money Fund	CAM	Mutual Fund - Series
	T. Rowe Price Georgia Tax-Free Bond Fund	GAB	Mutual Fund - Series
	T. Rowe Price Maryland Short-Term Tax-Free Bond Fund	MDS	Mutual Fund - Series
	T. Rowe Price Maryland Tax-Free Bond Fund	MDB	Mutual Fund - Series
	T. Rowe Price Maryland Tax-Free Money Fund	MDM	Mutual Fund - Series
	T. Rowe Price New Jersey Tax-Free Bond Fund	NJB	Mutual Fund - Series
	T. Rowe Price New York Tax-Free Bond Fund	NYB	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price New York Tax-Free Money Fund	NYM	Mutual Fund - Series
	T. Rowe Price Virginia Tax-Free Bond Fund	VAB	Mutual Fund - Series
T. Rowe Price Summit Funds, Inc.		SIF	Mutual Fund - Parent
	T. Rowe Price Cash Reserves Fund	SCR	Mutual Fund - Series
T. Rowe Price Summit Municipal Funds, Inc.		SMF	Mutual Fund - Parent
	T. Rowe Price Summit Municipal Income Fund	SMI	Mutual Fund - Series
	T. Rowe Price Summit Municipal Intermediate Fund	SMT	Mutual Fund - Series
	T. Rowe Price Summit Municipal Money Market Fund	SMM	Mutual Fund - Series
T. Rowe Price Tax-Efficient Funds, Inc.		TEF	Mutual Fund - Parent
	T. Rowe Price Tax-Efficient Equity Fund	TMC	Mutual Fund - Series
T. Rowe Price Tax-Exempt Money Fund, Inc.		TEM	Mutual Fund - Parent
T. Rowe Price Tax-Free High Yield Fund, Inc.		TFH	Mutual Fund - Parent
T. Rowe Price Tax-Free Income Fund, Inc.		TFI	Mutual Fund - Parent
T. Rowe Price Tax-Free Short-Intermediate Fund, Inc.		TFS	Mutual Fund - Parent
T. Rowe Price Total Return Fund, Inc.		TTF	Mutual Fund - Parent
T. Rowe Price U.S. Bond Enhanced Index Fund, Inc.		UBX	Mutual Fund
T. Rowe Price U.S. Large-Cap Core Fund, Inc.		LCF	Mutual Fund - Parent
T. Rowe Price U.S. Treasury Funds, Inc.		USTF	Mutual Fund - Parent
	U.S. Treasury Intermediate Fund	USI	Mutual Fund - Series
	U.S. Treasury Long-Term Fund	USL	Mutual Fund - Series
	U.S. Treasury Money Fund	UST	Mutual Fund - Series
T. Rowe Price Value Fund, Inc.		VAL	Mutual Fund - Parent
'40 Act Registered Fund of Funds

Mutual Fund Entity Name		Reference ID	Entity Type
T. Rowe Price Retirement Funds, Inc.		RDF	Mutual Fund - Parent
	T. Rowe Price Retirement 2005 Fund	RPJ	Mutual Fund - Series
	T. Rowe Price Retirement 2010 Fund	RPA	Mutual Fund - Series
	T. Rowe Price Retirement 2015 Fund	RPG	Mutual Fund - Series
	T. Rowe Price Retirement 2020 Fund	RPB	Mutual Fund - Series
	T. Rowe Price Retirement 2025 Fund	RPH	Mutual Fund - Series
	T. Rowe Price Retirement 2030 Fund	RPC	Mutual Fund - Series
	T. Rowe Price Retirement 2035 Fund	RPI	Mutual Fund - Series
	T. Rowe Price Retirement 2040 Fund	RPD	Mutual Fund - Series
	T. Rowe Price Retirement 2045 Fund	RPK	Mutual Fund - Series
	T. Rowe Price Retirement 2050 Fund	RPL	Mutual Fund - Series
	T. Rowe Price Retirement 2055 Fund	RPM	Mutual Fund - Series
	T. Rowe Price Retirement 2060 Fund	RPN	Mutual Fund - Series
	T. Rowe Price Retirement Balanced Fund	RPE	Mutual Fund - Series
	T. Rowe Price Retirement Income 2020 Fund	RIB	Mutual Fund - Series
	T. Rowe Price Retirement I 2005 Fund—I Class	RBI	Mutual Fund - Series
	T. Rowe Price Retirement I 2010 Fund—I Class	RCI	Mutual Fund - Series
	T. Rowe Price Retirement I 2015 Fund—I Class	RDI	Mutual Fund - Series
	T. Rowe Price Retirement I 2020 Fund—I Class	RFI	Mutual Fund - Series
	T. Rowe Price Retirement I 2025 Fund—I Class	RGI	Mutual Fund - Series
	T. Rowe Price Retirement I 2030 Fund—I Class	RHI	Mutual Fund - Series
	T. Rowe Price Retirement I 2035 Fund—I Class	RII	Mutual Fund - Series
	T. Rowe Price Retirement I 2040 Fund—I Class	RJI	Mutual Fund - Series
	T. Rowe Price Retirement I 2045 Fund—I Class	RKI	Mutual Fund - Series
	T. Rowe Price Retirement I 2050 Fund—I Class	RMI	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Retirement I 2055 Fund—I Class	RNI	Mutual Fund - Series
	T. Rowe Price Retirement I 2060 Fund—I Class	ROI	Mutual Fund - Series
	T. Rowe Price Retirement Balanced I Fund—I Class	RQI	Mutual Fund - Series
	T. Rowe Price Target 2005 Fund	TRA	Mutual Fund - Series
	T. Rowe Price Target 2010 Fund	TRB	Mutual Fund - Series
	T. Rowe Price Target 2015 Fund	TRC	Mutual Fund - Series
	T. Rowe Price Target 2020 Fund	TRD	Mutual Fund - Series
	T. Rowe Price Target 2025 Fund	TRE	Mutual Fund - Series
	T. Rowe Price Target 2030 Fund	TRG	Mutual Fund - Series
	T. Rowe Price Target 2035 Fund	TRH	Mutual Fund - Series
	T. Rowe Price Target 2040 Fund	TRJ	Mutual Fund - Series
	T. Rowe Price Target 2045 Fund	TRL	Mutual Fund - Series
	T. Rowe Price Target 2050 Fund	TRM	Mutual Fund - Series
	T. Rowe Price Target 2055 Fund	TRN	Mutual Fund - Series
	T. Rowe Price Target 2060 Fund	TRO	Mutual Fund - Series
T. Rowe Price Spectrum Fund, Inc.		SPC	Mutual Fund - Parent
	Spectrum Growth Fund	SPG	Mutual Fund - Series
	Spectrum Income Fund	SPI	Mutual Fund - Series
	Spectrum International Fund	SPF	Mutual Fund - Series

T. ROWE PRICE ASSOCIATES, INC.

August 30, 2019

The T. Rowe Price Funds

100 East Pratt Street

Baltimore, Maryland 21202

Subject:Amendment No. 5 to the Agreement

Ladies and Gentlemen:

Reference is made to the letter agreement dated February 28, 2017 (“Agreement”) by and between each investment company listed on Exhibit A attached to the Agreement (each, a “Company”), on behalf of itself or, where noted on Exhibit A, on behalf of its Series (as defined therein), severally and not jointly (each Company and/or Series a “Fund”, and collectively the “Funds”) and T. Rowe Price Associates, Inc. (“TRP”). The Agreement was made in connection with the Fund Accounting Agreement (the “BNY Agreement”), effective as of February 28, 2017 (the “Effective Date”), as amended April 18, 2017, July 17, 2017, October 30, 2017, August 9, 2018, and August 30, 2019 by and between each Fund listed on Exhibit A attached to the Agreement, severally and not jointly, TRP, solely with respect to Section 3(c) thereof, and The Bank of New York Mellon, a New York banking organization (“BNY Mellon”).

TRP and the Funds hereby amend the Agreement by replacing Exhibit A, in its entirety, with amended Exhibit A, attached hereto as Attachment A. TRP and the Funds further amend the agreement such that all references to the “Fund” or the “Funds” also includes any T. Rowe Price Funds that may be established after the execution of the Agreement.

If there is any inconsistency between the terms of this Amendment and the Agreement, the terms of this Amendment will govern. Defined terms used and not otherwise defined in this Amendment shall have the meanings ascribed to them in the Agreement. Except as specifically and only to the extent modified by this Amendment, all of the terms and provisions of the Agreement and the Fund Accounting Agreement shall continue to remain in full force and effect.

[Remainder of page intentionally left blank.]

If you are in agreement with the terms set forth above, please sign in the space provided below and return an executed copy to us.

Very truly yours,

T. ROWE PRICE ASSOCIATES, INC.

By: /s/ David Oestreicher

Name: David Oestreicher

Title: Vice President

AGREED AND ACCEPTED:

By: /s/ Darrell Braman

on behalf of each Fund

identified on Exhibit A

attached hereto

Name: Darrell Braman

Title: Secretary of the Funds

ATTACHMENT A

Amended Exhibit A

Mutual Fund Entity Name		Reference ID	Entity Type
‘40 Act Registered Funds
T. Rowe Price Balanced Fund, Inc.		BAL	Mutual Fund - Parent
T. Rowe Price Blue Chip Growth Fund, Inc.		BCG	Mutual Fund - Parent
T. Rowe Price Capital Appreciation Fund, Inc.		CAF	Mutual Fund - Parent
T. Rowe Price Communications & Technology Fund, Inc.		MTF	Mutual Fund - Parent
T. Rowe Price Corporate Income Fund, Inc.		CIF	Mutual Fund - Parent
T. Rowe Price Credit Opportunities Fund, Inc.		CRO	Mutual Fund - Parent
T. Rowe Price Diversified Mid-Cap Growth Fund, Inc.		DMG	Mutual Fund - Parent
T. Rowe Price Dividend Growth Fund, Inc.		DGF	Mutual Fund - Parent
T. Rowe Price Equity Income Fund, Inc.		EIF	Mutual Fund - Parent
T. Rowe Price Equity Series, Inc.		EQS	Mutual Fund - Parent
	T. Rowe Price Blue Chip Growth Portfolio	BCP	Mutual Fund - Series
	T. Rowe Price Equity Income Portfolio	EIP	Mutual Fund - Series
	T. Rowe Price Equity Index 500 Portfolio	EXP	Mutual Fund - Series
	T. Rowe Price Health Sciences Portfolio	HSP	Mutual Fund - Series
	T. Rowe Price Mid-Cap Growth Portfolio	MGP	Mutual Fund - Series
	T. Rowe Price Moderate Allocation Portfolio	PSP	Mutual Fund - Series
	T. Rowe Price New America Growth Portfolio	NAP	Mutual Fund - Series
T. Rowe Price Financial Services Fund, Inc.		FSF	Mutual Fund - Parent
T. Rowe Price Fixed Income Series, Inc.		FIS	Mutual Fund - Parent
	T. Rowe Price Government Money Portfolio	PRP	Mutual Fund - Series
	T. Rowe Price Limited-Term Bond Portfolio	LTP	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
T. Rowe Price Floating Rate Fund, Inc.		FRI	Mutual Fund - Parent
T. Rowe Price Global Allocation Fund, Inc.		GAF	Mutual Fund - Parent
T. Rowe Price Global Multi-Sector Bond Fund, Inc.		SNF	Mutual Fund - Parent
T. Rowe Price Global Real Estate Fund, Inc.		GRE	Mutual Fund - Parent
T. Rowe Price Global Technology Fund, Inc.		GTF	Mutual Fund - Parent
T. Rowe Price GNMA Fund, Inc.		GMA	Mutual Fund - Parent
T. Rowe Price Government Money Fund, Inc.		PRF	Mutual Fund - Parent
T. Rowe Price Growth & Income Fund, Inc.		GIF	Mutual Fund - Parent
T. Rowe Price Growth Stock Fund, Inc.		GSF	Mutual Fund - Parent
T. Rowe Price Health Sciences Fund, Inc.		HSF	Mutual Fund - Parent
T. Rowe Price High Yield Fund, Inc.		HYF	Mutual Fund - Parent
	T. Rowe Price U.S. High Yield Fund	UHY	Mutual Fund - Series
T. Rowe Price Index Trust, Inc.		INDX	Mutual Fund - Parent
	T. Rowe Price Equity Index 500 Fund	EXF	Mutual Fund - Series
	T. Rowe Price Extended Equity Market Index Fund	XMX	Mutual Fund - Series
	T. Rowe Price Mid-Cap Index Fund	MCX	Mutual Fund - Series
	T. Rowe Price Small-Cap Index Fund	SCX	Mutual Fund - Series
	T. Rowe Price Total Equity Market Index Fund	TMX	Mutual Fund - Series
T. Rowe Price Inflation Protected Bond Fund, Inc.		IPB	Mutual Fund - Parent
T. Rowe Price Institutional Equity Funds, Inc.		IEF	Mutual Fund - Parent
	T. Rowe Price Institutional Large-Cap Core Growth Fund	LCC	Mutual Fund - Series
	T. Rowe Price Institutional Large-Cap Growth Fund	LCG	Mutual Fund - Series
	T. Rowe Price Institutional Large-Cap Value Fund	LCV	Mutual Fund - Series
	T. Rowe Price Institutional Mid-Cap Equity Growth Fund	MCE	Mutual Fund - Series
	T. Rowe Price Institutional Small-Cap Stock Fund	SCI	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Institutional U.S. Structured Research Fund	IRF	Mutual Fund - Series
T. Rowe Price Institutional Income Funds, Inc.		IINCF	Mutual Fund - Parent
	T. Rowe Price Institutional Cash Reserves Fund	ICM	Mutual Fund - Series
	T. Rowe Price Institutional Core Plus Fund	ICP	Mutual Fund - Series
	T. Rowe Price Institutional Floating Rate Fund	IFR	Mutual Fund - Series
	T. Rowe Price Institutional High Yield Fund	HYI	Mutual Fund - Series
	T. Rowe Price Institutional Long Duration Credit Fund	LDC	Mutual Fund - Series
T. Rowe Price Institutional International Funds, Inc.		IIF	Mutual Fund - Parent
	T. Rowe Price Institutional Africa & Middle East Fund	IAM	Mutual Fund - Series
	T. Rowe Price Institutional Emerging Markets Bond Fund	IEB	Mutual Fund - Series
	T. Rowe Price Institutional Emerging Markets Equity Fund	IEM	Mutual Fund - Series
	T. Rowe Price Institutional Frontier Markets Equity Fund	IFM	Mutual Fund - Series
	T. Rowe Price Institutional Global Focused Growth Equity Fund	IGE	Mutual Fund - Series
	T. Rowe Price Institutional Global Growth Equity Fund	IGL	Mutual Fund - Series
	T. Rowe Price Institutional Global Value Equity Fund	IGV	Mutual Fund - Series
	T. Rowe Price Institutional International Core Equity Fund	IIC	Mutual Fund - Series
	T. Rowe Price Institutional International Disciplined Equity Fund	ICE	Mutual Fund - Series
	T. Rowe Price Institutional International Growth Equity Fund	FEF	Mutual Fund - Series
T. Rowe Price Intermediate Tax-Free High Yield Fund, Inc.		ITF	Mutual Fund - Parent
T. Rowe Price International Funds, Inc.		PIF	Mutual Fund - Parent
	T. Rowe Price Africa & Middle East Fund	AME	Mutual Fund - Series
	T. Rowe Price Asia Opportunities Fund	AOF	Mutual Fund - Series
	T. Rowe Price China Evolution Equity Fund	CEE	Mutual Fund - Series
	T. Rowe Price Dynamic Credit Fund	DCF	Mutual Fund - Series
	T. Rowe Price Dynamic Global Bond Fund	GUN	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Emerging Europe Fund	EEM	Mutual Fund - Series
	T. Rowe Price Emerging Markets Bond Fund	EMB	Mutual Fund - Series
	T. Rowe Price Emerging Markets Corporate Bond Fund	EMC	Mutual Fund - Series
	T. Rowe Price Emerging Markets Discovery Stock Fund	EMV	Mutual Fund - Series
	T. Rowe Price Emerging Markets Local Currency Bond Fund	EML	Mutual Fund - Series
	T. Rowe Price Emerging Markets Stock Fund	EMS	Mutual Fund - Series
	T. Rowe Price European Stock Fund	ESF	Mutual Fund - Series
	T. Rowe Price Global Consumer Fund	GCF	Mutual Fund - Series
	T. Rowe Price Global Growth Stock Fund	GLE	Mutual Fund - Series
	T. Rowe Price Global High Income Bond Fund	GHI	Mutual Fund - Series
	T. Rowe Price Global Industrials Fund	IND	Mutual Fund - Series
	T. Rowe Price Global Stock Fund	GLS	Mutual Fund - Series
	T. Rowe Price International Bond Fund	IBF	Mutual Fund - Series
	T. Rowe Price International Bond Fund (USD Hedged)	IBH	Mutual Fund - Series
	T. Rowe Price International Disciplined Equity Fund	ICN	Mutual Fund - Series
	T. Rowe Price International Discovery Fund	IDF	Mutual Fund - Series
	T. Rowe Price International Stock Fund	ISF	Mutual Fund - Series
	T. Rowe Price International Value Equity Fund	IGI	Mutual Fund - Series
	T. Rowe Price Japan Fund	JAF	Mutual Fund - Series
	T. Rowe Price Latin America Fund	LAM	Mutual Fund - Series
	T. Rowe Price New Asia Fund	NAS	Mutual Fund - Series
	T. Rowe Price Overseas Stock Fund	OSF	Mutual Fund - Series
T. Rowe Price International Index Fund, Inc.		IIXF	Mutual Fund - Parent
	T. Rowe Price International Equity Index Fund	IXF	Mutual Fund - Series
T. Rowe Price International Series, Inc.		INS	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price International Stock Portfolio	ISP	Mutual Fund - Series
T. Rowe Price Limited Duration Inflation Focused Bond Fund, Inc.		STI	Mutual Fund - Parent
T. Rowe Price Mid-Cap Growth Fund, Inc.		MCG	Mutual Fund - Parent
T. Rowe Price Mid-Cap Value Fund, Inc.		MCV	Mutual Fund - Parent
T. Rowe Price Multi-Sector Account Portfolios, Inc.		MAPS	Mutual Fund - Parent
	T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio	EBS	Mutual Fund - Series
	T. Rowe Price Emerging Markets Local Multi-Sector Account Portfolio	ELS	Mutual Fund - Series
	T. Rowe Price Floating Rate Multi-Sector Account Portfolio	FRS	Mutual Fund - Series
	T. Rowe Price High Yield Multi-Sector Account Portfolio	HYS	Mutual Fund - Series
	T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio	IGS	Mutual Fund - Series
	T. Rowe Price Mortgage-Backed Securities Multi-Sector Account Portfolio	MBS	Mutual Fund - Series
T. Rowe Price Multi-Strategy Total Return Fund, Inc.		MSR	Mutual Fund - Parent
T. Rowe Price New America Growth Fund, Inc.		NAG	Mutual Fund - Parent
T. Rowe Price New Era Fund, Inc.		NEF	Mutual Fund - Parent
T. Rowe Price New Horizons Fund, Inc.		NHF	Mutual Fund - Parent
T. Rowe Price New Income Fund, Inc.		NIF	Mutual Fund - Parent
T. Rowe Price Personal Strategy Funds, Inc.		PER	Mutual Fund - Parent
	T. Rowe Price Personal Strategy Balanced Fund	PSB	Mutual Fund - Series
	T. Rowe Price Personal Strategy Growth Fund	PSG	Mutual Fund - Series
	T. Rowe Price Personal Strategy Income Fund	PSI	Mutual Fund - Series
T. Rowe Price Quantitative Management Funds, Inc.		QUANT	Mutual Fund - Parent
	T. Rowe Price QM Global Equity Fund	QGE	Mutual Fund - Series
	T. Rowe Price QM U.S. Small-Cap Growth Equity Fund	DSG	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price QM U.S. Small & Mid-Cap Core Equity Fund	QSM	Mutual Fund - Series
	T. Rowe Price QM U.S. Value Equity Fund	QMV	Mutual Fund - Series
T. Rowe Price Real Assets Fund, Inc.		RAF	Mutual Fund - Parent
T. Rowe Price Real Estate Fund, Inc.		REF	Mutual Fund - Parent
T. Rowe Price Reserve Investment Funds, Inc.		RESFDS	Mutual Fund - Parent
	T. Rowe Price Government Reserve Fund	RES	Mutual Fund - Series
	T. Rowe Price Short-Term Government Fund	GRI	Mutual Fund - Series
	T. Rowe Price Short-Term Fund	REI	Mutual Fund - Series
	T. Rowe Price Treasury Reserve Fund	GRS	Mutual Fund - Series
T. Rowe Price Science & Technology Fund, Inc.		STF	Mutual Fund - Parent
T. Rowe Price Short-Term Bond Fund, Inc.		STB	Mutual Fund - Parent
	T. Rowe Price Ultra Short-Term Bond Fund	SBF	Mutual Fund - Series
T. Rowe Price Small-Cap Stock Fund, Inc.		SCS	Mutual Fund - Parent
T. Rowe Price Small-Cap Value Fund, Inc.		SCV	Mutual Fund - Parent
T. Rowe Price State Tax-Free Funds, Inc.		STT	Mutual Fund - Parent
	T. Rowe Price California Tax-Free Bond Fund	CAB	Mutual Fund - Series
	T. Rowe Price California Tax-Free Money Fund	CAM	Mutual Fund - Series
	T. Rowe Price Georgia Tax-Free Bond Fund	GAB	Mutual Fund - Series
	T. Rowe Price Maryland Short-Term Tax-Free Bond Fund	MDS	Mutual Fund - Series
	T. Rowe Price Maryland Tax-Free Bond Fund	MDB	Mutual Fund - Series
	T. Rowe Price Maryland Tax-Free Money Fund	MDM	Mutual Fund - Series
	T. Rowe Price New Jersey Tax-Free Bond Fund	NJB	Mutual Fund - Series
	T. Rowe Price New York Tax-Free Bond Fund	NYB	Mutual Fund - Series
	T. Rowe Price New York Tax-Free Money Fund	NYM	Mutual Fund - Series
	T. Rowe Price Virginia Tax-Free Bond Fund	VAB	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
T. Rowe Price Summit Funds, Inc.		SIF	Mutual Fund - Parent
	T. Rowe Price Cash Reserves Fund	SCR	Mutual Fund - Series
T. Rowe Price Summit Municipal Funds, Inc.		SMF	Mutual Fund - Parent
	T. Rowe Price Summit Municipal Income Fund	SMI	Mutual Fund - Series
	T. Rowe Price Summit Municipal Intermediate Fund	SMT	Mutual Fund - Series
	T. Rowe Price Summit Municipal Money Market Fund	SMM	Mutual Fund - Series
T. Rowe Price Tax-Efficient Funds, Inc.		TEF	Mutual Fund - Parent
	T. Rowe Price Tax-Efficient Equity Fund	TMC	Mutual Fund - Series
T. Rowe Price Tax-Exempt Money Fund, Inc.		TEM	Mutual Fund - Parent
T. Rowe Price Tax-Free High Yield Fund, Inc.		TFH	Mutual Fund - Parent
T. Rowe Price Tax-Free Income Fund, Inc.		TFI	Mutual Fund - Parent
T. Rowe Price Tax-Free Short-Intermediate Fund, Inc.		TFS	Mutual Fund - Parent
T. Rowe Price Total Return Fund, Inc.		TTF	Mutual Fund - Parent
T. Rowe Price U.S. Bond Enhanced Index Fund, Inc.		UBX	Mutual Fund
T. Rowe Price U.S. Equity Research Fund, Inc.		COF	Mutual Fund - Parent
T. Rowe Price U.S. Large-Cap Core Fund, Inc.		LCF	Mutual Fund - Parent
T. Rowe Price U.S. Treasury Funds, Inc.		USTF	Mutual Fund - Parent
	U.S. Treasury Intermediate Fund	USI	Mutual Fund - Series
	U.S. Treasury Long-Term Fund	USL	Mutual Fund - Series
	U.S. Treasury Money Fund	UST	Mutual Fund - Series
T. Rowe Price Value Fund, Inc.		VAL	Mutual Fund - Parent
'40 Act Registered Fund of Funds
T. Rowe Price Retirement Funds, Inc.		RDF	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Retirement 2005 Fund	RPJ	Mutual Fund - Series
	T. Rowe Price Retirement 2010 Fund	RPA	Mutual Fund - Series
	T. Rowe Price Retirement 2015 Fund	RPG	Mutual Fund - Series
	T. Rowe Price Retirement 2020 Fund	RPB	Mutual Fund - Series
	T. Rowe Price Retirement 2025 Fund	RPH	Mutual Fund - Series
	T. Rowe Price Retirement 2030 Fund	RPC	Mutual Fund - Series
	T. Rowe Price Retirement 2035 Fund	RPI	Mutual Fund - Series
	T. Rowe Price Retirement 2040 Fund	RPD	Mutual Fund - Series
	T. Rowe Price Retirement 2045 Fund	RPK	Mutual Fund - Series
	T. Rowe Price Retirement 2050 Fund	RPL	Mutual Fund - Series
	T. Rowe Price Retirement 2055 Fund	RPM	Mutual Fund - Series
	T. Rowe Price Retirement 2060 Fund	RPN	Mutual Fund - Series
	T. Rowe Price Retirement Balanced Fund	RPE	Mutual Fund - Series
	T. Rowe Price Retirement Income 2020 Fund	RIB	Mutual Fund - Series
	T. Rowe Price Retirement I 2005 Fund—I Class	RBI	Mutual Fund - Series
	T. Rowe Price Retirement I 2010 Fund—I Class	RCI	Mutual Fund - Series
	T. Rowe Price Retirement I 2015 Fund—I Class	RDI	Mutual Fund - Series
	T. Rowe Price Retirement I 2020 Fund—I Class	RFI	Mutual Fund - Series
	T. Rowe Price Retirement I 2025 Fund—I Class	RGI	Mutual Fund - Series
	T. Rowe Price Retirement I 2030 Fund—I Class	RHI	Mutual Fund - Series
	T. Rowe Price Retirement I 2035 Fund—I Class	RII	Mutual Fund - Series
	T. Rowe Price Retirement I 2040 Fund—I Class	RJI	Mutual Fund - Series
	T. Rowe Price Retirement I 2045 Fund—I Class	RKI	Mutual Fund - Series
	T. Rowe Price Retirement I 2050 Fund—I Class	RMI	Mutual Fund - Series
	T. Rowe Price Retirement I 2055 Fund—I Class	RNI	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Retirement I 2060 Fund—I Class	ROI	Mutual Fund - Series
	T. Rowe Price Retirement Balanced I Fund—I Class	RQI	Mutual Fund - Series
	T. Rowe Price Target 2005 Fund	TRA	Mutual Fund - Series
	T. Rowe Price Target 2010 Fund	TRB	Mutual Fund - Series
	T. Rowe Price Target 2015 Fund	TRC	Mutual Fund - Series
	T. Rowe Price Target 2020 Fund	TRD	Mutual Fund - Series
	T. Rowe Price Target 2025 Fund	TRE	Mutual Fund - Series
	T. Rowe Price Target 2030 Fund	TRG	Mutual Fund - Series
	T. Rowe Price Target 2035 Fund	TRH	Mutual Fund - Series
	T. Rowe Price Target 2040 Fund	TRJ	Mutual Fund - Series
	T. Rowe Price Target 2045 Fund	TRL	Mutual Fund - Series
	T. Rowe Price Target 2050 Fund	TRM	Mutual Fund - Series
	T. Rowe Price Target 2055 Fund	TRN	Mutual Fund - Series
	T. Rowe Price Target 2060 Fund	TRO	Mutual Fund - Series
T. Rowe Price Spectrum Fund, Inc.		SPC	Mutual Fund - Parent
	Spectrum Growth Fund	SPG	Mutual Fund - Series
	Spectrum Income Fund	SPI	Mutual Fund - Series
	Spectrum International Fund	SPF	Mutual Fund - Series

T. ROWE PRICE ASSOCIATES, INC.

June 5, 2020

The T. Rowe Price Funds

100 East Pratt Street

Baltimore, Maryland 21202

Subject:Amendment No. 6 to the Agreement

Ladies and Gentlemen:

Reference is made to the letter agreement dated February 28, 2017 (“Agreement”) by and between each investment company listed on Exhibit A attached to the Agreement (each, a “Company”), on behalf of itself or, where noted on Exhibit A, on behalf of its Series (as defined therein), severally and not jointly (each Company and/or Series a “Fund”, and collectively the “Funds”) and T. Rowe Price Associates, Inc. (“TRP”). The Agreement was made in connection with the Fund Accounting Agreement (the “BNY Agreement”), effective as of February 28, 2017 (the “Effective Date”), as amended April 18, 2017, July 17, 2017, October 30, 2017, August 9, 2018, August 30, 2019, and June 5, 2020, by and between each Fund listed on Exhibit A attached to the Agreement, severally and not jointly, TRP, solely with respect to Section 3(c) thereof, and The Bank of New York Mellon, a New York banking organization (“BNY Mellon”).

TRP and the Funds hereby amend the Agreement by replacing Exhibit A, in its entirety, with amended Exhibit A, attached hereto as Attachment A. TRP and the Funds further amend the agreement such that all references to the “Fund” or the “Funds” also includes any T. Rowe Price Funds that may be established after the execution of the Agreement.

If there is any inconsistency between the terms of this Amendment and the Agreement, the terms of this Amendment will govern. Defined terms used and not otherwise defined in this Amendment shall have the meanings ascribed to them in the Agreement. Except as specifically and only to the extent modified by this Amendment, all of the terms and provisions of the Agreement and the Fund Accounting Agreement shall continue to remain in full force and effect.

[Remainder of page intentionally left blank.]

If you are in agreement with the terms set forth above, please sign in the space provided below and return an executed copy to us.

Very truly yours,

T. ROWE PRICE ASSOCIATES, INC.

By: /s/ David Oestreicher

Name: David Oestreicher

Title: Vice President

AGREED AND ACCEPTED:

By: /s/ Darrell Braman

on behalf of each Fund

identified on Exhibit A

attached hereto

Name: Darrell Braman

Title: Secretary of the Funds

ATTACHMENT A

Amended Exhibit A

Mutual Fund Entity Name		Reference ID	Entity Type
‘40 Act Registered Funds
T. Rowe Price Balanced Fund, Inc.		BAL	Mutual Fund - Parent
T. Rowe Price Blue Chip Growth Fund, Inc.		BCG	Mutual Fund - Parent
T. Rowe Price Capital Appreciation Fund, Inc.		CAF	Mutual Fund - Parent
T. Rowe Price Communications & Technology Fund, Inc.		MTF	Mutual Fund - Parent
T. Rowe Price Corporate Income Fund, Inc.		CIF	Mutual Fund - Parent
T. Rowe Price Credit Opportunities Fund, Inc.		CRO	Mutual Fund - Parent
T. Rowe Price Diversified Mid-Cap Growth Fund, Inc.		DMG	Mutual Fund - Parent
T. Rowe Price Dividend Growth Fund, Inc.		DGF	Mutual Fund - Parent
T. Rowe Price Equity Funds, Inc.		IEF	Mutual Fund - Parent
	T. Rowe Price Institutional Large-Cap Core Growth Fund	LCC	Mutual Fund - Series
	T. Rowe Price Large-Cap Growth Fund	LCG	Mutual Fund - Series
	T. Rowe Price Large-Cap Value Fund	LCV	Mutual Fund - Series
	T. Rowe Price Institutional Mid-Cap Equity Growth Fund	MCE	Mutual Fund - Series
	T. Rowe Price Institutional Small-Cap Stock Fund	SCI	Mutual Fund - Series
T. Rowe Price Equity Income Fund, Inc.		EIF	Mutual Fund - Parent
T. Rowe Price Equity Series, Inc.		EQS	Mutual Fund - Parent
	T. Rowe Price Blue Chip Growth Portfolio	BCP	Mutual Fund - Series
	T. Rowe Price Equity Income Portfolio	EIP	Mutual Fund - Series
	T. Rowe Price Equity Index 500 Portfolio	EXP	Mutual Fund - Series
	T. Rowe Price Health Sciences Portfolio	HSP	Mutual Fund - Series
	T. Rowe Price Mid-Cap Growth Portfolio	MGP	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Moderate Allocation Portfolio	PSP	Mutual Fund - Series
	T. Rowe Price New America Growth Portfolio	NAP	Mutual Fund - Series
T. Rowe Price Financial Services Fund, Inc.		FSF	Mutual Fund - Parent
T. Rowe Price Fixed Income Series, Inc.		FIS	Mutual Fund - Parent
	T. Rowe Price Government Money Portfolio	PRP	Mutual Fund - Series
	T. Rowe Price Limited-Term Bond Portfolio	LTP	Mutual Fund - Series
T. Rowe Price Floating Rate Fund, Inc.		FRI	Mutual Fund - Parent
T. Rowe Price Global Allocation Fund, Inc.		GAF	Mutual Fund - Parent
T. Rowe Price Global Funds, Inc.		IIF	Mutual Fund - Parent
	T. Rowe Price Institutional Emerging Markets Bond Fund	IEB	Mutual Fund - Series
	T. Rowe Price Institutional Emerging Markets Equity Fund	IEM	Mutual Fund - Series
	T. Rowe Price Global Value Equity Fund	IGV	Mutual Fund - Series
	T. Rowe Price Institutional International Core Equity Fund	IIC	Mutual Fund - Series
	T. Rowe Price Institutional International Disciplined Equity Fund	ICE	Mutual Fund - Series
	T. Rowe Price Institutional International Growth Equity Fund	FEF	Mutual Fund - Series
T. Rowe Price Global Multi-Sector Bond Fund, Inc.		SNF	Mutual Fund - Parent
T. Rowe Price Global Real Estate Fund, Inc.		GRE	Mutual Fund - Parent
T. Rowe Price Global Technology Fund, Inc.		GTF	Mutual Fund - Parent
T. Rowe Price GNMA Fund, Inc.		GMA	Mutual Fund - Parent
T. Rowe Price Government Money Fund, Inc.		PRF	Mutual Fund - Parent
T. Rowe Price Growth & Income Fund, Inc.		GIF	Mutual Fund - Parent
T. Rowe Price Growth Stock Fund, Inc.		GSF	Mutual Fund - Parent
T. Rowe Price Health Sciences Fund, Inc.		HSF	Mutual Fund - Parent
T. Rowe Price High Yield Fund, Inc.		HYF	Mutual Fund - Parent
	T. Rowe Price U.S. High Yield Fund	UHY	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
T. Rowe Price Index Trust, Inc.		INDX	Mutual Fund - Parent
	T. Rowe Price Equity Index 500 Fund	EXF	Mutual Fund - Series
	T. Rowe Price Extended Equity Market Index Fund	XMX	Mutual Fund - Series
	T. Rowe Price Mid-Cap Index Fund	MCX	Mutual Fund - Series
	T. Rowe Price Small-Cap Index Fund	SCX	Mutual Fund - Series
	T. Rowe Price Total Equity Market Index Fund	TMX	Mutual Fund - Series
T. Rowe Price Inflation Protected Bond Fund, Inc.		IPB	Mutual Fund - Parent
T. Rowe Price Institutional Income Funds, Inc.		IINCF	Mutual Fund - Parent
	T. Rowe Price Institutional Cash Reserves Fund	ICM	Mutual Fund - Series
	T. Rowe Price Institutional Core Plus Fund	ICP	Mutual Fund - Series
	T. Rowe Price Institutional Floating Rate Fund	IFR	Mutual Fund - Series
	T. Rowe Price Institutional High Yield Fund	HYI	Mutual Fund - Series
	T. Rowe Price Institutional Long Duration Credit Fund	LDC	Mutual Fund - Series
T. Rowe Price Intermediate Tax-Free High Yield Fund, Inc.		ITF	Mutual Fund - Parent
T. Rowe Price International Funds, Inc.		PIF	Mutual Fund - Parent
	T. Rowe Price Africa & Middle East Fund	AME	Mutual Fund - Series
	T. Rowe Price Asia Opportunities Fund	AOF	Mutual Fund - Series
	T. Rowe Price China Evolution Equity Fund	CEE	Mutual Fund - Series
	T. Rowe Price Dynamic Credit Fund	DCF	Mutual Fund - Series
	T. Rowe Price Dynamic Global Bond Fund	GUN	Mutual Fund - Series
	T. Rowe Price Emerging Europe Fund	EEM	Mutual Fund - Series
	T. Rowe Price Emerging Markets Bond Fund	EMB	Mutual Fund - Series
	T. Rowe Price Emerging Markets Corporate Bond Fund	EMC	Mutual Fund - Series
	T. Rowe Price Emerging Markets Discovery Stock Fund	EMV	Mutual Fund - Series
	T. Rowe Price Emerging Markets Local Currency Bond Fund	EML	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Emerging Markets Stock Fund	EMS	Mutual Fund - Series
	T. Rowe Price European Stock Fund	ESF	Mutual Fund - Series
	T. Rowe Price Global Consumer Fund	GCF	Mutual Fund - Series
	T. Rowe Price Global Growth Stock Fund	GLE	Mutual Fund - Series
	T. Rowe Price Global High Income Bond Fund	GHI	Mutual Fund - Series
	T. Rowe Price Global Industrials Fund	IND	Mutual Fund - Series
	T. Rowe Price Global Stock Fund	GLS	Mutual Fund - Series
	T. Rowe Price International Bond Fund	IBF	Mutual Fund - Series
	T. Rowe Price International Bond Fund (USD Hedged)	IBH	Mutual Fund - Series
	T. Rowe Price International Disciplined Equity Fund	ICN	Mutual Fund - Series
	T. Rowe Price International Discovery Fund	IDF	Mutual Fund - Series
	T. Rowe Price International Stock Fund	ISF	Mutual Fund - Series
	T. Rowe Price International Value Equity Fund	IGI	Mutual Fund - Series
	T. Rowe Price Japan Fund	JAF	Mutual Fund - Series
	T. Rowe Price Latin America Fund	LAM	Mutual Fund - Series
	T. Rowe Price New Asia Fund	NAS	Mutual Fund - Series
	T. Rowe Price Overseas Stock Fund	OSF	Mutual Fund - Series
T. Rowe Price International Index Fund, Inc.		IIXF	Mutual Fund - Parent
	T. Rowe Price International Equity Index Fund	IXF	Mutual Fund - Series
T. Rowe Price International Series, Inc.		INS	Mutual Fund - Parent
	T. Rowe Price International Stock Portfolio	ISP	Mutual Fund - Series
T. Rowe Price Limited Duration Inflation Focused Bond Fund, Inc.		STI	Mutual Fund - Parent
T. Rowe Price Mid-Cap Growth Fund, Inc.		MCG	Mutual Fund - Parent
T. Rowe Price Mid-Cap Value Fund, Inc.		MCV	Mutual Fund - Parent
T. Rowe Price Multi-Sector Account Portfolios, Inc.		MAPS	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Emerging Markets Corporate Multi-Sector Account Portfolio	EBS	Mutual Fund - Series
	T. Rowe Price Emerging Markets Local Multi-Sector Account Portfolio	ELS	Mutual Fund - Series
	T. Rowe Price Floating Rate Multi-Sector Account Portfolio	FRS	Mutual Fund - Series
	T. Rowe Price High Yield Multi-Sector Account Portfolio	HYS	Mutual Fund - Series
	T. Rowe Price Investment-Grade Corporate Multi-Sector Account Portfolio	IGS	Mutual Fund - Series
	T. Rowe Price Mortgage-Backed Securities Multi-Sector Account Portfolio	MBS	Mutual Fund - Series
T. Rowe Price Multi-Strategy Total Return Fund, Inc.		MSR	Mutual Fund - Parent
T. Rowe Price New America Growth Fund, Inc.		NAG	Mutual Fund - Parent
T. Rowe Price New Era Fund, Inc.		NEF	Mutual Fund - Parent
T. Rowe Price New Horizons Fund, Inc.		NHF	Mutual Fund - Parent
T. Rowe Price New Income Fund, Inc.		NIF	Mutual Fund - Parent
T. Rowe Price Quantitative Management Funds, Inc.		QUANT	Mutual Fund - Parent
	T. Rowe Price QM Global Equity Fund	QGE	Mutual Fund - Series
	T. Rowe Price QM U.S. Small-Cap Growth Equity Fund	DSG	Mutual Fund - Series
	T. Rowe Price QM U.S. Small & Mid-Cap Core Equity Fund	QSM	Mutual Fund - Series
	T. Rowe Price QM U.S. Value Equity Fund	QMV	Mutual Fund - Series
T. Rowe Price Real Assets Fund, Inc.		RAF	Mutual Fund - Parent
T. Rowe Price Real Estate Fund, Inc.		REF	Mutual Fund - Parent
T. Rowe Price Reserve Investment Funds, Inc.		RESFDS	Mutual Fund - Parent
	T. Rowe Price Government Reserve Fund	RES	Mutual Fund - Series
	T. Rowe Price Short-Term Government Fund	GRI	Mutual Fund - Series
	T. Rowe Price Short-Term Fund	REI	Mutual Fund - Series
	T. Rowe Price Treasury Reserve Fund	GRS	Mutual Fund - Series
T. Rowe Price Science & Technology Fund, Inc.		STF	Mutual Fund - Parent

Mutual Fund Entity Name		Reference ID	Entity Type
T. Rowe Price Short-Term Bond Fund, Inc.		STB	Mutual Fund - Parent
	T. Rowe Price Short Duration Income Fund	SDI	Mutual Fund - Series
	T. Rowe Price Ultra Short-Term Bond Fund	SBF	Mutual Fund - Series
T. Rowe Price Small-Cap Stock Fund, Inc.		SCS	Mutual Fund - Parent
T. Rowe Price Small-Cap Value Fund, Inc.		SCV	Mutual Fund - Parent
T. Rowe Price Spectrum Funds II, Inc.		PER	Mutual Fund - Parent
	T. Rowe Price Spectrum Conservative Allocation Fund	PSI	Mutual Fund - Series
	T. Rowe Price Spectrum Moderate Allocation Fund	PSB	Mutual Fund - Series
	T. Rowe Price Spectrum Moderate Growth Allocation Fund	PSG	Mutual Fund - Series
T. Rowe Price State Tax-Free Funds, Inc.		STT	Mutual Fund - Parent
	T. Rowe Price California Tax-Free Bond Fund	CAB	Mutual Fund - Series
	T. Rowe Price California Tax-Free Money Fund	CAM	Mutual Fund - Series
	T. Rowe Price Georgia Tax-Free Bond Fund	GAB	Mutual Fund - Series
	T. Rowe Price Maryland Short-Term Tax-Free Bond Fund	MDS	Mutual Fund - Series
	T. Rowe Price Maryland Tax-Free Bond Fund	MDB	Mutual Fund - Series
	T. Rowe Price Maryland Tax-Free Money Fund	MDM	Mutual Fund - Series
	T. Rowe Price New Jersey Tax-Free Bond Fund	NJB	Mutual Fund - Series
	T. Rowe Price New York Tax-Free Bond Fund	NYB	Mutual Fund - Series
	T. Rowe Price New York Tax-Free Money Fund	NYM	Mutual Fund - Series
	T. Rowe Price Virginia Tax-Free Bond Fund	VAB	Mutual Fund - Series
T. Rowe Price Summit Funds, Inc.		SIF	Mutual Fund - Parent
	T. Rowe Price Cash Reserves Fund	SCR	Mutual Fund - Series
T. Rowe Price Summit Municipal Funds, Inc.		SMF	Mutual Fund - Parent
	T. Rowe Price Summit Municipal Income Fund	SMI	Mutual Fund - Series
	T. Rowe Price Summit Municipal Intermediate Fund	SMT	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Summit Municipal Money Market Fund	SMM	Mutual Fund - Series
T. Rowe Price Tax-Efficient Funds, Inc.		TEF	Mutual Fund - Parent
	T. Rowe Price Tax-Efficient Equity Fund	TMC	Mutual Fund - Series
T. Rowe Price Tax-Exempt Money Fund, Inc.		TEM	Mutual Fund - Parent
T. Rowe Price Tax-Free High Yield Fund, Inc.		TFH	Mutual Fund - Parent
T. Rowe Price Tax-Free Income Fund, Inc.		TFI	Mutual Fund - Parent
T. Rowe Price Tax-Free Short-Intermediate Fund, Inc.		TFS	Mutual Fund - Parent
T. Rowe Price Total Return Fund, Inc.		TTF	Mutual Fund - Parent
T. Rowe Price U.S. Bond Enhanced Index Fund, Inc.		UBX	Mutual Fund
T. Rowe Price U.S. Equity Research Fund, Inc.		COF	Mutual Fund - Parent
T. Rowe Price U.S. Large-Cap Core Fund, Inc.		LCF	Mutual Fund - Parent
T. Rowe Price U.S. Treasury Funds, Inc.		USTF	Mutual Fund - Parent
	U.S. Treasury Intermediate Fund	USI	Mutual Fund - Series
	U.S. Treasury Long-Term Fund	USL	Mutual Fund - Series
	U.S. Treasury Money Fund	UST	Mutual Fund - Series
T. Rowe Price Value Fund, Inc.		VAL	Mutual Fund - Parent
'40 Act Registered Fund of Funds
T. Rowe Price Retirement Funds, Inc.		RDF	Mutual Fund - Parent
	T. Rowe Price Retirement 2005 Fund	RPJ	Mutual Fund - Series
	T. Rowe Price Retirement 2010 Fund	RPA	Mutual Fund - Series
	T. Rowe Price Retirement 2015 Fund	RPG	Mutual Fund - Series
	T. Rowe Price Retirement 2020 Fund	RPB	Mutual Fund - Series
	T. Rowe Price Retirement 2025 Fund	RPH	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Retirement 2030 Fund	RPC	Mutual Fund - Series
	T. Rowe Price Retirement 2035 Fund	RPI	Mutual Fund - Series
	T. Rowe Price Retirement 2040 Fund	RPD	Mutual Fund - Series
	T. Rowe Price Retirement 2045 Fund	RPK	Mutual Fund - Series
	T. Rowe Price Retirement 2050 Fund	RPL	Mutual Fund - Series
	T. Rowe Price Retirement 2055 Fund	RPM	Mutual Fund - Series
	T. Rowe Price Retirement 2060 Fund	RPN	Mutual Fund - Series
	T. Rowe Price Retirement 2065 Fund	RPO	Mutual Fund - Series
	T. Rowe Price Retirement Balanced Fund	RPE	Mutual Fund - Series
	T. Rowe Price Retirement Income 2020 Fund	RIB	Mutual Fund - Series
	T. Rowe Price Retirement I 2005 Fund—I Class	RBI	Mutual Fund - Series
	T. Rowe Price Retirement I 2010 Fund—I Class	RCI	Mutual Fund - Series
	T. Rowe Price Retirement I 2015 Fund—I Class	RDI	Mutual Fund - Series
	T. Rowe Price Retirement I 2020 Fund—I Class	RFI	Mutual Fund - Series
	T. Rowe Price Retirement I 2025 Fund—I Class	RGI	Mutual Fund - Series
	T. Rowe Price Retirement I 2030 Fund—I Class	RHI	Mutual Fund - Series
	T. Rowe Price Retirement I 2035 Fund—I Class	RII	Mutual Fund - Series
	T. Rowe Price Retirement I 2040 Fund—I Class	RJI	Mutual Fund - Series
	T. Rowe Price Retirement I 2045 Fund—I Class	RKI	Mutual Fund - Series
	T. Rowe Price Retirement I 2050 Fund—I Class	RMI	Mutual Fund - Series
	T. Rowe Price Retirement I 2055 Fund—I Class	RNI	Mutual Fund - Series
	T. Rowe Price Retirement I 2060 Fund—I Class	ROI	Mutual Fund - Series
	T. Rowe Price Retirement I 2065 Fund—I Class	RRI	Mutual Fund - Series
	T. Rowe Price Retirement Balanced I Fund—I Class	RQI	Mutual Fund - Series
	T. Rowe Price Target 2005 Fund	TRA	Mutual Fund - Series

Mutual Fund Entity Name		Reference ID	Entity Type
	T. Rowe Price Target 2010 Fund	TRB	Mutual Fund - Series
	T. Rowe Price Target 2015 Fund	TRC	Mutual Fund - Series
	T. Rowe Price Target 2020 Fund	TRD	Mutual Fund - Series
	T. Rowe Price Target 2025 Fund	TRE	Mutual Fund - Series
	T. Rowe Price Target 2030 Fund	TRG	Mutual Fund - Series
	T. Rowe Price Target 2035 Fund	TRH	Mutual Fund - Series
	T. Rowe Price Target 2040 Fund	TRJ	Mutual Fund - Series
	T. Rowe Price Target 2045 Fund	TRL	Mutual Fund - Series
	T. Rowe Price Target 2050 Fund	TRM	Mutual Fund - Series
	T. Rowe Price Target 2055 Fund	TRN	Mutual Fund - Series
	T. Rowe Price Target 2060 Fund	TRO	Mutual Fund - Series
	T. Rowe Price Target 2065 Fund	TRQ	Mutual Fund - Series
T. Rowe Price Spectrum Fund, Inc.		SPC	Mutual Fund - Parent
	Spectrum Growth Fund	SPG	Mutual Fund - Series
	Spectrum Income Fund	SPI	Mutual Fund - Series
	Spectrum International Fund	SPF	Mutual Fund - Series