About TBLHX
T. Rowe Price Retirement Blend 2035 Fund-I Class is a target-date mutual fund designed to provide a diversified investment solution for individuals planning to retire around the year 2035. Its primary function is to balance growth and income by dynamically adjusting its allocation of assets—predominantly between equity and fixed income—over time as the target retirement date approaches. This fund actively invests in a broad mix of underlying T. Rowe Price stock and bond funds, covering various asset classes and global sectors, including U.S. large-cap, mid-cap, and small-cap equities, international developed and emerging markets, real assets, and a range of fixed-income strategies. As of recent portfolio data, the fund maintains a high equity exposure, generally around 78–79%, with the remainder in bonds and cash, reflecting its position on the "glide path" which gradually becomes more conservative as the retirement date nears. The fund aims for the highest total return consistent with both capital appreciation and income generation, making it a key component for retirement planning in defined contribution plans or IRAs. It is actively managed, regularly rebalancing its holdings in line with market conditions and its long-term allocation strategy.
Fund Family T. Rowe Price
Category Target-Date 2035
Performance Rating High
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol TBLHX
Share Class -i Class
TBLHX had a total return of 12.18% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.65%.
