T.Rowe Price Retirement Funds Inc. - Blend 2020 Fund (TBLDX)
| Fund Assets | 365.11M |
| Expense Ratio | 0.21% |
| Min. Investment | $500,000 |
| Turnover | 28.60% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.39% |
| Dividend Growth | 25.07% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 11.03 |
| YTD Return | 2.70% |
| 1-Year Return | 13.58% |
| 5-Year Return | n/a |
| 52-Week Low | 9.01 |
| 52-Week High | 11.10 |
| Beta (5Y) | 0.59 |
| Holdings | 27 |
| Inception Date | Jul 26, 2021 |
About TBLDX
T. Rowe Price Retirement Blend 2020 Fund I Class is a target-date mutual fund specifically designed for investors nearing or in retirement around the year 2020. The fund’s primary function is to provide a balance between capital growth and income, dynamically adjusting its portfolio allocation to become more conservative as the target retirement date approaches and progresses. It achieves diversification by investing in a blend of underlying T. Rowe Price stock and bond funds that span various asset classes and sectors, balancing domestic and international equity and fixed-income exposures. Notably, around mid-2025, the fund maintained an allocation close to 50% equities and 42% bonds, supplemented by cash and other minor asset classes, reflecting a risk profile suited to retirees seeking income with controlled risk. The fund is managed by an experienced team, emphasizing both active and passive strategies embedded in the underlying holdings. Its expense ratio is competitively low for its category, which enhances its appeal in the target-date fund market. With a substantial portion of assets concentrated in core index and bond funds, its role in the financial market is to facilitate long-term, adaptive retirement solutions through a professionally managed, all-in-one investment vehicle for individuals at or near retirement age.
Performance
TBLDX had a total return of 13.58% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.85%.
Top 10 Holdings
73.80% of assets| Name | Symbol | Weight |
|---|---|---|
| T Rowe Price QM US Bond Index Fund - T ROWE PR QM BND INDX-Z | n/a | 14.45% |
| T. Rowe Price Equity Index 500 Z | TRHZX | 13.52% |
| T. Rowe Price US Limited Dtn TIPS Z | TLDZX | 12.22% |
| T. Rowe Price International Equity Index Fund Z Class | TLIEX | 6.68% |
| T. Rowe Price Intl Bd (USD Hdgd) Z | TRMZX | 5.44% |
| T. Rowe Price Hedged Equity Z | PZHEX | 5.14% |
| T. Rowe Price Value Z | TRZAX | 4.89% |
| T. Rowe Price Growth Stock Z | TRJZX | 4.58% |
| T. Rowe Price Real Assets Z | TRZRX | 3.55% |
| T. Rowe Price U.S. Treasury Funds, Inc. - T. Rowe Price U.S. Treasury Money Fund | TRZXX | 3.32% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.3747 | Dec 22, 2025 |
| Dec 20, 2024 | $0.2996 | Dec 23, 2024 |
| Dec 21, 2023 | $0.2389 | Dec 22, 2023 |
| Dec 21, 2022 | $0.2662 | Dec 22, 2022 |