T. Rowe Price Retirement 2050 Advisor (PARFX)

Fund Assets	17.61B
Expense Ratio	0.87%
Min. Investment	$2,500
Turnover	24.60%
Dividend (ttm)	0.81
Dividend Yield	3.35%
Dividend Growth	158.02%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	24.22
YTD Return	14.23%
1-Year Return	20.94%
5-Year Return	51.68%
52-Week Low	20.50
52-Week High	24.48
Beta (5Y)	0.90
Holdings	30
Inception Date	Dec 29, 2006

About PARFX

T. Rowe Price Retirement 2050 Fund—Advisor Class is a target-date mutual fund designed for investors planning to retire around 2050. Its objective is to deliver the highest total return over time with an emphasis on both capital growth and income. The fund is actively managed and invests primarily in a diversified mix of underlying T. Rowe Price equity and fixed income funds, spanning U.S. and international markets across styles, sizes, and sectors. Its asset allocation follows a predetermined glide path that maintains a high equity allocation in earlier years to pursue growth, then gradually increases fixed income exposure as the target date approaches to help moderate risk. The strategy anchors to the S&P Target Date 2050 Index as a benchmark and leverages T. Rowe Price’s multi-asset research and manager lineup. The Advisor Class features an expense ratio disclosed in the most recent prospectus and reflects the fund’s role as a comprehensive, professionally managed, one-stop retirement solution within the target-date 2050 category.

• Fund Family: T. Rowe Price
• Category: Target-Date 2050
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PARFX
• Share Class: -advisor Class
• Index: S&P Target Date 2050 TR

Performance

PARFX had a total return of 20.94% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.28%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TRJLX	-i Class	0.44%
RRTFX	-r Class	1.12%

Top 10 Holdings

84.70% of assets

Name	Symbol	Weight
T. Rowe Price Value Z	TRZAX	16.41%
T. Rowe Price Growth Stock Z	TRJZX	16.37%
T. Rowe Price US Large-Cap Core Z	TRZLX	8.98%
T. Rowe Price Equity Index 500 Z	TRHZX	8.76%
T. Rowe Price International Value Eq Z	TROZX	7.98%
T. Rowe Price Overseas Stock Z	TRZSX	7.51%
T. Rowe Price International Stock Z	TRNZX	6.59%
T. Rowe Price Real Assets Z	TRZRX	5.54%
T. Rowe Price Em Mkts Discv Stk Z	TRFZX	3.30%
T. Rowe Price Mid-Cap Value Z	TRTZX	3.27%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$0.8138	Dec 22, 2025
Dec 20, 2024	$0.3154	Dec 23, 2024
Dec 21, 2023	$0.7201	Dec 22, 2023
Dec 21, 2022	$1.0963	Dec 22, 2022
Dec 21, 2021	$1.303	Dec 22, 2021
Dec 22, 2020	$0.750	Dec 23, 2020

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 26, 2026

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