T. Rowe Price Target 2050 Fund Advisor Class (PAOFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
21.02
+0.05 (0.24%)
Feb 13, 2026, 9:30 AM EST
Fund Assets385.02M
Expense Ratio0.87%
Min. Investment$2,500
Turnover31.50%
Dividend (ttm)0.93
Dividend Yield4.42%
Dividend Growth114.25%
Payout FrequencyAnnual
Ex-Dividend DateDec 22, 2025
Previous Close20.97
YTD Return4.53%
1-Year Return18.58%
5-Year Return43.21%
52-Week Low15.32
52-Week High21.24
Beta (5Y)n/a
Holdings24
Inception DateAug 20, 2013

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

Performance

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%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
TOORX-i Class0.44%

Top 10 Holdings

80.88% of assets
NameSymbolWeight
T. Rowe Price Value ZTRZAX14.66%
T. Rowe Price Growth Stock ZTRJZX14.28%
T. Rowe Price Equity Index 500 ZTRHZX9.26%
T. Rowe Price US Large-Cap Core ZTRZLX8.78%
T. Rowe Price International Value Eq ZTROZX8.59%
T. Rowe Price Overseas Stock ZTRZSX7.43%
T. Rowe Price International Stock ZTRNZX6.12%
T. Rowe Price Real Assets ZTRZRX5.86%
T. Rowe Price Mid-Cap Value ZTRTZX2.97%
T. Rowe Price Em Mkts Discv Stk ZTRFZX2.92%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 22, 2025$0.9292Dec 23, 2025
Dec 23, 2024$0.4337Dec 24, 2024
Dec 22, 2023$0.3998Dec 26, 2023
Dec 22, 2022$0.7327Dec 23, 2022
Dec 22, 2021$0.106Dec 23, 2021
Dec 22, 2020$0.420Dec 23, 2020
Full Dividend History