T.Rowe Price Retirement Funds Inc. - Blend 2045 Fund (TBLKX)
| Fund Assets | 658.45M |
| Expense Ratio | 0.25% |
| Min. Investment | $500,000 |
| Turnover | 19.00% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 1.74% |
| Dividend Growth | 16.23% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 12.55 |
| YTD Return | 15.00% |
| 1-Year Return | 15.69% |
| 5-Year Return | n/a |
| 52-Week Low | 9.68 |
| 52-Week High | 12.55 |
| Beta (5Y) | 0.88 |
| Holdings | 21 |
| Inception Date | Jul 26, 2021 |
About TBLKX
T. Rowe Price Retirement Blend 2045 Fund I Class is a target-date mutual fund designed to help investors save for retirement with an anticipated retirement date around the year 2045. Its primary objective is to achieve the highest total return over time by balancing capital growth with income generation. The fund accomplishes this by actively managing a diverse portfolio of underlying T. Rowe Price stock and bond funds, spanning various asset classes, sectors, and geographies. The current allocation is predominantly in equities, with significant exposure to both U.S. and international stocks, complemented by allocations to real assets and a smaller proportion in core and global fixed income securities. Over time, the fund’s asset mix will shift, gradually increasing its allocation to bonds to reduce risk as the target date approaches. Its diversified structure and periodic rebalancing aim to optimize risk-adjusted returns for individuals planning to retire around 2045, making it a key component in retirement planning strategies focused on long-term growth and income potential.
Performance
TBLKX had a total return of 15.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.71%.
Top 10 Holdings
86.54% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Equity Index 500 Z | TRHZX | 28.99% |
| T. Rowe Price International Equity Index Fund Z Class | TLIEX | 14.36% |
| T. Rowe Price Value Z | TRZAX | 10.14% |
| T. Rowe Price Growth Stock Z | TRJZX | 9.34% |
| T. Rowe Price Real Assets Z | TRZRX | 6.27% |
| T. Rowe Price International Value Eq Z | TROZX | 5.30% |
| T. Rowe Price International Stock Z | TRNZX | 3.39% |
| T. Rowe Price Mid-Cap Index Z | TRSZX | 3.36% |
| T. Rowe Price Em Mkts Discv Stk Z | TRFZX | 2.87% |
| T. Rowe Price Emerging Markets Stock Z | TRGZX | 2.52% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.2184 | Dec 23, 2024 |
| Dec 21, 2023 | $0.1879 | Dec 22, 2023 |
| Dec 21, 2022 | $0.1601 | Dec 22, 2022 |