T.Rowe Price Retirement Funds Inc. - Blend 2065 Fund (TBLOX)
| Fund Assets | 156.88M |
| Expense Ratio | 0.26% |
| Min. Investment | $500,000 |
| Turnover | 10.00% |
| Dividend (ttm) | 0.22 |
| Dividend Yield | 1.71% |
| Dividend Growth | 38.13% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 12.56 |
| YTD Return | 14.38% |
| 1-Year Return | 18.11% |
| 5-Year Return | n/a |
| 52-Week Low | 9.75 |
| 52-Week High | 12.71 |
| Beta (5Y) | n/a |
| Holdings | 21 |
| Inception Date | Jul 26, 2021 |
About TBLOX
T. Rowe Price Retirement Blend 2060 Fund - I Class is a target date mutual fund designed to help investors accumulate assets in preparation for retirement around the year 2060. Its primary objective is to achieve the highest total return over time by focusing on both capital growth and income. The fund employs a diversified strategy, investing in a combination of T. Rowe Price stock and bond funds that span multiple asset classes and sectors, including U.S. large-cap and small-cap equities, international developed and emerging market equities, as well as various fixed income instruments. The asset allocation of the fund is actively managed and evolves over time according to a 'glide path'—with a relatively high equity allocation in the early years, gradually shifting toward a more conservative mix as the target retirement date approaches and through retirement. Notably, the fund integrates both active and passive investment strategies to balance growth potential with cost efficiencies. After reaching the target date, the fund continues to reduce its equity exposure for approximately 30 years before stabilizing at a minimum equity allocation of about 30%. This structure makes it suitable as a single, professionally managed investment solution for long-term retirement planning.
Performance
TBLOX had a total return of 18.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.72%.
Top 10 Holdings
89.24% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Equity Index 500 Z | TRHZX | 30.05% |
| T. Rowe Price International Equity Index Fund Z Class | TLIEX | 14.77% |
| T. Rowe Price Value Z | TRZAX | 10.48% |
| T. Rowe Price Growth Stock Z | TRJZX | 9.66% |
| T. Rowe Price Real Assets Z | TRZRX | 6.41% |
| T. Rowe Price International Value Eq Z | TROZX | 5.44% |
| T. Rowe Price International Stock Z | TRNZX | 3.48% |
| T. Rowe Price Mid-Cap Index Z | TRSZX | 3.45% |
| T. Rowe Price Em Mkts Discv Stk Z | TRFZX | 2.91% |
| T. Rowe Price Emerging Markets Stock Z | TRGZX | 2.59% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.2159 | Dec 23, 2024 |
| Dec 21, 2023 | $0.1563 | Dec 22, 2023 |
| Dec 21, 2022 | $0.1426 | Dec 22, 2022 |