T. Rowe Price Retirement 2050 Fund Advisor Class (PARFX)
| Fund Assets | 17.61B |
| Expense Ratio | 0.87% |
| Min. Investment | $2,500 |
| Turnover | 24.60% |
| Dividend (ttm) | 0.81 |
| Dividend Yield | 3.44% |
| Dividend Growth | 158.02% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 23.38 |
| YTD Return | 11.08% |
| 1-Year Return | 25.54% |
| 5-Year Return | 52.22% |
| 52-Week Low | 19.70 |
| 52-Week High | 23.77 |
| Beta (5Y) | n/a |
| Holdings | 27 |
| 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.
Performance
PARFX had a total return of 25.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.20%.
Top 10 Holdings
85.46% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Value Fund Z Class | TRZAX | 16.48% |
| T. Rowe Price Growth Stock Fund Z Class | TRJZX | 15.86% |
| T. Rowe Price U.S. Large-Cap Core Fund Z Class | TRZLX | 8.93% |
| T. Rowe Price Equity Index 500 Fund Z Class | TRHZX | 8.81% |
| T. Rowe Price International Value Equity Fund Z Class | TROZX | 8.40% |
| T. Rowe Price Overseas Stock Fund Z Class | TRZSX | 7.94% |
| T. Rowe Price International Stock Fund Z Class | TRNZX | 6.53% |
| T. Rowe Price Real Assets Fund Z Class | TRZRX | 6.06% |
| T. Rowe Price Emerging Markets Discovery Stock Fund Z Class | TRFZX | 3.30% |
| T. Rowe Price Mid-Cap Value Fund Z Class | TRTZX | 3.17% |
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 |