T. Rowe Price Retirement 2045 Advisor (PARLX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
26.49
+0.21 (0.80%)
Feb 10, 2026, 8:10 AM EST
Fund Assets18.72B
Expense Ratio0.86%
Min. Investment$2,500
Turnover13.00%
Dividend (ttm)0.90
Dividend Yield3.42%
Dividend Growth132.77%
Payout FrequencyAnnual
Ex-Dividend DateDec 19, 2025
Previous Close26.28
YTD Return5.41%
1-Year Return20.44%
5-Year Return52.44%
52-Week Low19.01
52-Week High26.49
Beta (5Y)n/a
Holdings29
Inception DateMay 31, 2007

About PARLX

T. Rowe Price Retirement 2010 Fund Advisor Class is a target-date mutual fund designed to deliver a balanced mix of capital growth and income for investors around or in retirement. The fund employs an actively managed “fund of funds” approach, allocating across T. Rowe Price equity and fixed income strategies that span U.S. large-, mid-, and small-cap stocks, international developed and emerging markets, as well as core and diversifying bond sectors, inflation-linked bonds, and cash. Its allocation follows a long-horizon glide path that gradually shifts toward a more conservative profile well past the target date, ultimately maintaining a meaningful but reduced equity stake alongside a larger bond allocation to support income and volatility management. The portfolio’s construction and adjustments are guided by T. Rowe Price’s asset allocation team, with the fund benchmarked to the S&P Target Date 2010 Index for context on risk and return characteristics. By packaging broad multi-asset exposure and ongoing rebalancing, T. Rowe Price Retirement 2010 Fund Advisor Class serves as a convenient, single-fund retirement solution for investors seeking diversified post-retirement asset allocation and professional oversight.

Fund Family T. Rowe Price
Category Target-Date 2045
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PARLX
Share Class -advisor Class
Index S&P Target Date 2045 TR

Performance

PARLX had a total return of 20.44% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.31%.

Other Share Classes

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

SymbolShare ClassExpense Ratio
TRIKX-i Class0.44%
RRTRX-r Class1.11%

Top 10 Holdings

84.14% of assets
NameSymbolWeight
T. Rowe Price Value ZTRZAX15.17%
T. Rowe Price Growth Stock ZTRJZX14.83%
T. Rowe Price Equity Index 500 ZTRHZX9.91%
T. Rowe Price US Large-Cap Core ZTRZLX9.04%
T. Rowe Price International Value Eq ZTROZX8.85%
T. Rowe Price Overseas Stock ZTRZSX7.93%
T. Rowe Price International Stock ZTRNZX6.32%
T. Rowe Price Real Assets ZTRZRX6.05%
T. Rowe Price Mid-Cap Value ZTRTZX3.03%
T. Rowe Price Em Mkts Discv Stk ZTRFZX3.01%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 19, 2025$0.8992Dec 22, 2025
Dec 20, 2024$0.3863Dec 23, 2024
Dec 21, 2023$0.8337Dec 22, 2023
Dec 21, 2022$1.3003Dec 22, 2022
Dec 21, 2021$1.529Dec 22, 2021
Dec 22, 2020$0.920Dec 23, 2020
Full Dividend History