T.Rowe Price Retirement Funds Inc. - Blend 2005 Fund (TBLAX)
| Fund Assets | 92.62M |
| Expense Ratio | 0.19% |
| Min. Investment | $2,500 |
| Turnover | 43.20% |
| Dividend (ttm) | 0.23 |
| Dividend Yield | 2.09% |
| Dividend Growth | 1.20% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 10.88 |
| YTD Return | 11.72% |
| 1-Year Return | 8.96% |
| 5-Year Return | n/a |
| 52-Week Low | 9.37 |
| 52-Week High | 10.88 |
| Beta (5Y) | 0.51 |
| Holdings | 27 |
| Inception Date | Jul 26, 2021 |
About TBLAX
T. Rowe Price Retirement Blend 2005 Fund – I Class is a target-date mutual fund designed to provide a balanced investment solution for individuals who retired around the year 2005. The fund’s primary purpose is to offer a blend of capital growth and income by dynamically reallocating its assets as investors age. It achieves diversification by investing in a variety of T. Rowe Price stock and bond funds, covering both U.S. and international asset classes across different sectors. The specific allocation between equities and fixed income shifts gradually along a predetermined glide path, becoming increasingly conservative after the target date to address the changing risk profile and income needs of retirees. At the target date, the fund aims for a neutral allocation with roughly 55% in equities and 45% in fixed income, further reducing equity exposure over subsequent decades to help manage longevity and inflation risks. With a low expense ratio and broad diversification, the fund serves as an ongoing retirement solution, supporting regular withdrawals in retirement and balancing portfolio growth with risk mitigation.
Performance
TBLAX had a total return of 8.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.91%.
Top 10 Holdings
75.30% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price US Limited Dtn TIPS Z | TLDZX | 18.02% |
| T Rowe Price QM US Bond Index Fund - T ROWE PR QM BND INDX-Z | n/a | 16.13% |
| T. Rowe Price Equity Index 500 Z | TRHZX | 10.82% |
| T. Rowe Price Intl Bd (USD Hdgd) Z | TRMZX | 6.11% |
| T. Rowe Price International Equity Index Fund Z Class | TLIEX | 5.39% |
| T. Rowe Price Hedged Equity Z | PZHEX | 4.16% |
| T. Rowe Price Value Z | TRZAX | 3.95% |
| T. Rowe Price Dynamic Global Bond Z | TRDZX | 3.69% |
| T. Rowe Price Growth Stock Z | TRJZX | 3.69% |
| T. Rowe Price Emerging Markets Bond Z | TREZX | 3.35% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.227 | Dec 23, 2024 |
| Dec 21, 2023 | $0.2243 | Dec 22, 2023 |
| Dec 21, 2022 | $0.3046 | Dec 22, 2022 |