About PAOFX
T. Rowe Price Target 2050 Fund – Advisor Class is a target-date mutual fund designed to provide an age-appropriate mix of growth and income as investors approach and move through the year 2050. The fund primarily invests in a diversified lineup of underlying T. Rowe Price equity and fixed income funds, spanning U.S. large-, mid-, and small-cap stocks, international developed and emerging markets, and core and global bonds. Its asset allocation follows a managed glide path that emphasizes equities for long-term capital appreciation early on and gradually shifts toward a more conservative blend to moderate risk nearer retirement. The strategy is overseen by a seasoned multi-manager team and benchmarks itself against the S&P Target Date 2050 Index, aligning portfolio risk and return with typical retirement horizons. By using only affiliated underlying funds, the vehicle seeks integrated research depth, consistent implementation, and broad market exposure within a single, professionally managed solution.
Fund Family T. Rowe Price
Category Target-Date 2050
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol PAOFX
Share Class -advisor Class
Index S&P Target Date 2050 TR
PAOFX had a total return of 18.58% in the past year, including dividends. Since the fund's
inception, the average annual return has been 13.31%.