About TBLSX
T. Rowe Price Retirement Blend 2015 Fund is a target-date mutual fund designed for individuals planning to retire around the year 2015, with a strategy that evolves as retirement approaches. The fund actively allocates assets among a diversified mix of underlying T. Rowe Price stock and bond funds, spanning U.S. and international equities, core and specialized fixed income, and real assets, aiming to balance capital growth with income as investors move from accumulation through withdrawal phases. As a “blend” fund, it combines both actively and passively managed strategies to reduce tracking error and control costs compared to fully active peers. At the target date, the portfolio typically maintains around a 55% equity allocation, which gradually declines over time, reflecting a deliberate “glide path” that adjusts risk as investors near and enter retirement. The fund is best suited for participants in workplace retirement plans or other long-term investors seeking a professionally managed, age-based asset allocation. Its consistent, risk-adjusted performance has earned strong Morningstar ratings among peer target-date funds. While the fund does not guarantee retirement income or principal, it offers a convenient, one-stop solution for retirement planning, reducing the need for individual asset selection and rebalancing as market conditions and investor needs change.
Fund Family T. Rowe Price
Category Target-Date 2015
Performance Rating High
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol TBLSX
TBLSX had a total return of 7.94% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.04%.
