About PAROX
T. Rowe Price Retirement 2055 Fund – Advisor Class is a target-date mutual fund designed for investors planning to retire around 2055, assuming a retirement age of 65. It seeks the highest total return over time, balancing capital growth and income through a diversified portfolio of other T. Rowe Price stock and bond mutual funds across various asset classes and sectors, including domestic and international equities, large-cap core, value, growth, mid-cap, real assets, and emerging markets. The fund's allocation automatically adjusts over time according to a preset glide path, gradually shifting toward a more conservative mix as the target retirement date approaches. Notable holdings include T. Rowe Price Growth Stock Z, Value Z, Equity Index 500 Z, and US Large-Cap Core Z, comprising a significant portion of assets. This Advisor Class share is tailored for financial advisors and institutional investors, offering access to T. Rowe Price's active management expertise within the target-date 2055 category. Headquartered in Baltimore, Maryland, and launched in 2007, it serves as a comprehensive solution for long-term retirement savings.
Fund Family T. Rowe Price
Category Target-Date 2055
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PAROX
Share Class -advisor Class
Index S&P Target Date 2055 TR
PAROX had a total return of 18.07% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.25%.