T.Rowe Price Retirement Funds Inc. - T. Rowe Price Retirement Blend 2060 Fund (TBLNX)
| Fund Assets | 181.38M |
| Expense Ratio | 0.26% |
| Min. Investment | $500,000 |
| Turnover | 9.20% |
| Dividend (ttm) | 0.21 |
| Dividend Yield | 1.74% |
| Dividend Growth | 29.88% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 12.01 |
| YTD Return | 8.59% |
| 1-Year Return | 11.18% |
| 5-Year Return | n/a |
| 52-Week Low | 9.71 |
| 52-Week High | 12.23 |
| Beta (5Y) | n/a |
| Holdings | 21 |
| Inception Date | Jul 26, 2021 |
About TBLNX
T. Rowe Price Retirement Blend 2060 Fund I Class is a target-date mutual fund designed to provide a comprehensive, professionally managed investment solution for individuals planning to retire around the year 2060. This fund primarily aims for the highest total return over time while balancing both capital growth and income. Its investment strategy involves a diversified portfolio of underlying T. Rowe Price stock and bond funds spanning multiple asset classes and sectors, with allocations that automatically adjust to become more conservative as the retirement date approaches. Early in its lifecycle, the fund maintains a higher allocation to equities—over 90%—to capture long-term growth potential, gradually shifting toward a greater emphasis on fixed income and income generation after the target date to address the evolving needs of retirees. Notable features include a low expense ratio and an annual dividend payout. The fund is structured to help manage longevity and inflation risks for investors, making it a significant instrument for retirement planning within the broader financial market landscape.
Performance
TBLNX had a total return of 11.18% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.56%.
Top 10 Holdings
89.21% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Equity Index 500 Z | TRHZX | 30.01% |
| T. Rowe Price International Equity Index Fund Z Class | TLIEX | 14.76% |
| T. Rowe Price Value Z | TRZAX | 10.47% |
| T. Rowe Price Growth Stock Z | TRJZX | 9.61% |
| T. Rowe Price Real Assets Z | TRZRX | 6.42% |
| T. Rowe Price International Value Eq Z | TROZX | 5.44% |
| T. Rowe Price International Stock Z | TRNZX | 3.49% |
| T. Rowe Price Mid-Cap Index Z | TRSZX | 3.46% |
| T. Rowe Price Em Mkts Discv Stk Z | TRFZX | 2.93% |
| T. Rowe Price Emerging Markets Stock Z | TRGZX | 2.59% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.2117 | Dec 23, 2024 |
| Dec 21, 2023 | $0.163 | Dec 22, 2023 |
| Dec 21, 2022 | $0.1701 | Dec 22, 2022 |