North Dakota Public Employees Retirement System, Bismarck, put the T. Rowe Price Equity Income Fund on watch for performance, said David Hunter, executive director and chief investment officer of the North Dakota Retirement and Investment Office, in an e-mail.
The retirement and investment office oversees the retirement system.
The large-cap value equity fund is offered under the retirement system’s 401(a) and 457 plans, which have more than $90 million in assets combined.
A T. Rowe Price spokesman declined to comment.