Strategy. At least 65% of the Funds total assets are normally invested in common stocks that T. Rowe Price Associates, Inc. (Sub-Adviser) regards as undervalued. Stock holdings are expected to consist primarily of large-company stocks, but may also include mid-cap and small-cap companies. In taking a value approach to investment selection, the Sub-Advisers research team seeks to identify companies that appear to be undervalued by various measures and may be temporarily out of favor, but which the Sub-Adviser believes have good prospects for capital appreciation. The Fund may invest up to 25% of its total assets (excluding reserves) in foreign securities, including securities that are economically tied to emerging markets. The Fund may at times invest significantly in certain sectors, such … Show more… At least 65% of the Funds total assets are normally invested in common stocks that T. Rowe Price Associates, Inc. (Sub-Adviser) regards as undervalued. Stock holdings are expected to consist primarily of large-company stocks, but may also include mid-cap and small-cap companies. In taking a value approach to investment selection, the Sub-Advisers research team seeks to identify companies that appear to be undervalued by various measures and may be temporarily out of favor, but which the Sub-Adviser believes have good prospects for capital appreciation. The Fund may invest up to 25% of its total assets (excluding reserves) in foreign securities, including securities that are economically tied to emerging markets. The Fund may at times invest significantly in certain sectors, such as the financials, industrials and business services sectors. In keeping with the Funds objective, it may also invest in other securities and use futures, options, swaps, and other derivative-type instruments. Show less