Daniel Martino will replace Joseph M. Milano as portfolio manager of the T. Rowe Price New America Growth Fund (PRWAX) effective May 13, according to a May 10 filing with the Securities and Exchange Commission.

Martino is currently manager of the T. Rowe Price Media & Telecommunications Fund (PRMTX). Effective May 13, Paul D. Greene II will join Martino as co-portfolio manager of the Media & Telecommunications Fund, and effective October 1, 2013, Greene will become sole portfolio manager, according to the filing.

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