T. Rowe Price Target 2015 Advisor (PAHRX)
| Fund Assets | 155.31M |
| Expense Ratio | 0.71% |
| Min. Investment | $2,500 |
| Turnover | 19.00% |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 4.56% |
| Dividend Growth | 46.71% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2024 |
| Previous Close | 12.27 |
| YTD Return | 9.73% |
| 1-Year Return | 9.08% |
| 5-Year Return | 31.09% |
| 52-Week Low | 10.85 |
| 52-Week High | 12.34 |
| Beta (5Y) | n/a |
| Holdings | 27 |
| Inception Date | Aug 20, 2013 |
About PAHRX
T. Rowe Price Retirement 2015 Advisor Fund is a target-date mutual fund designed to provide a diversified investment solution for individuals approaching or in early retirement. Its primary function is to seek the highest total return over time by balancing an emphasis on both capital growth and income. The fund accomplishes this by investing in a mix of underlying T. Rowe Price stock and bond funds, representing a range of asset classes and market sectors. As the fund approaches and moves past its 2015 target retirement date, its allocation adjusts, gradually reducing equity exposure in favor of fixed income to manage risk and support income needs in retirement. Notably, it maintains a meaningful allocation to equities even after the target date to address the potential for a long post-retirement withdrawal horizon. This structure is particularly significant for investors seeking a managed, dynamic portfolio that automatically adapts to evolving retirement needs, without requiring regular rebalancing by the individual. The fund plays a key role in retirement planning, providing diversified exposure to domestic and international markets with an investment strategy tailored to those nearing or entering retirement years.
Performance
PAHRX had a total return of 9.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.24%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TTRTX | -i Class | 0.31% |
Top 10 Holdings
72.60% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Ltd Dur Infl Focus Bd Z | TRPZX | 19.60% |
| T. Rowe Price New Income Z | TRVZX | 17.55% |
| T. Rowe Price International Funds, Inc. - T. Rowe Price International Bond Fund (USD Hedged) | TRMZX | 6.62% |
| T. Rowe Price Growth Stock Z | TRJZX | 5.12% |
| T. Rowe Price Value Z | TRZAX | 5.11% |
| T. Rowe Price Emerging Markets Bond Z | TREZX | 3.85% |
| T. Rowe Price Dynamic Global Bond Z | TRDZX | 3.80% |
| T. Rowe Price U.S. Treasury Funds, Inc. - T. Rowe Price U.S. Treasury Money Fund | TRZXX | 3.71% |
| T. Rowe Price Hedged Equity Z | PZHEX | 3.71% |
| T. Rowe Price U.S. Large-Cap Core Fund, Inc. | TRZLX | 3.53% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.5613 | Dec 24, 2024 |
| Dec 22, 2023 | $0.3826 | Dec 26, 2023 |
| Dec 22, 2022 | $0.8822 | Dec 23, 2022 |
| Dec 22, 2021 | $0.223 | Dec 23, 2021 |
| Dec 22, 2020 | $0.730 | Dec 23, 2020 |
| Dec 20, 2019 | $0.360 | Dec 23, 2019 |