T. Rowe Price Global Allocation Fund (RPGAX)
| Fund Assets | 852.34M |
| Expense Ratio | 1.01% |
| Min. Investment | $500,000 |
| Turnover | 39.00% |
| Dividend (ttm) | 1.12 |
| Dividend Yield | 6.78% |
| Dividend Growth | 44.09% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 16.52 |
| YTD Return | 3.69% |
| 1-Year Return | 15.83% |
| 5-Year Return | 32.47% |
| 52-Week Low | 13.07 |
| 52-Week High | 16.65 |
| Beta (5Y) | 0.59 |
| Holdings | 1851 |
| Inception Date | May 28, 2013 |
About RPGAX
The T. Rowe Price Global Allocation Fund is a globally diversified mutual fund designed to seek both long-term capital appreciation and income. It utilizes a flexible multi-asset allocation strategy, typically investing about 60% of its portfolio in equities, 30% in global fixed income—spanning both investment-grade and below-investment-grade securities—and 10% in alternative investments. The fund's equity exposure is balanced between U.S. and international stocks, ensuring regional diversity and access to growth opportunities across a wide range of markets. This fund employs active management, allowing its investment team to tactically shift allocations based on comprehensive assessments of global economic and market conditions. Its holdings span developed and emerging markets, and the portfolio includes exposure to sectors such as technology, financials, and alternative strategies that may include hedge funds and real assets. The fund leverages T. Rowe Price’s robust global research platform for fundamental security selection and portfolio construction. Positioned as a core holding within a diversified investment strategy, the T. Rowe Price Global Allocation Fund aims to balance risk and return by accessing multiple asset classes and regions, making it suitable for investors seeking a single solution for global asset allocation within the moderate allocation category.
Performance
RPGAX had a total return of 15.83% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.75%.
Top 10 Holdings
35.05% of assets| Name | Symbol | Weight |
|---|---|---|
| Blackstone Partners Offshore Fund | n/a | 7.55% |
| T. Rowe Price Integrated U.S. Small-Mid Cap Core Equity Fund I Class | TQSIX | 5.65% |
| T. Rowe Price Gov. Reserve | TRPGRIA | 4.73% |
| T. Rowe Price Emerging Markets Bond Fund I Class | PRXIX | 3.81% |
| T. Rowe Price International Bond Fund I Class | RPISX | 3.24% |
| T. Rowe Price Emerging Markets Local Currency Bond Fund I Class | TEIMX | 2.33% |
| T. Rowe Price Institutional High Yield Fund | TRHYX | 2.23% |
| NVIDIA Corporation | NVDA | 1.93% |
| T. Rowe Price Dynamic Global Bond Fund I Class | RPEIX | 1.83% |
| Microsoft Corporation | MSFT | 1.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $1.1223 | Dec 18, 2025 |
| Dec 18, 2024 | $0.7789 | Dec 19, 2024 |
| Dec 19, 2023 | $0.3557 | Dec 20, 2023 |
| Dec 19, 2022 | $0.4054 | Dec 20, 2022 |
| Dec 16, 2021 | $1.170 | Dec 17, 2021 |
| Dec 16, 2020 | $0.160 | Dec 17, 2020 |