T. Rowe Price Global Allocation Fund (PAFGX)
The fund normally invests in a broadly diversified global portfolio of investments, including U.S. and international stocks, bonds and short-term securities, and alternative investments. Under normal conditions, the fund's portfolio will consist of approximately 60% stocks; 30% bonds, money market securities, and other debt instruments; and 10% alternative investments.
Fund Info
US87281T2024
May 27, 2013
$2,500
Large-Cap
Blend
Expense Ratio
PAFGX has a high expense ratio of 1.02%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in T. Rowe Price Global Allocation Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
T. Rowe Price Global Allocation Fund had a return of 3.86% year-to-date (YTD) and 9.00% in the last 12 months. Over the past 10 years, T. Rowe Price Global Allocation Fund had an annualized return of 4.69%, while the S&P 500 had an annualized return of 11.26%, indicating that T. Rowe Price Global Allocation Fund did not perform as well as the benchmark.
PAFGX
3.86%
1.52%
1.40%
9.00%
3.92%
4.69%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of PAFGX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.57% | 3.86% | |||||||||||
| 2024 | 0.07% | 2.82% | 2.81% | -2.40% | 2.87% | 0.47% | 1.72% | 1.76% | 1.21% | -1.89% | 2.57% | -5.12% | 6.73% |
| 2023 | 4.93% | -1.94% | 1.22% | 1.05% | -1.19% | 3.46% | 2.25% | -1.78% | -2.90% | -1.86% | 5.93% | 4.04% | 13.48% |
| 2022 | -3.76% | -2.16% | 0.14% | -5.51% | -0.07% | -5.47% | 4.16% | -2.66% | -6.54% | 3.42% | 5.74% | -3.77% | -16.07% |
| 2021 | 0.20% | 2.04% | 0.97% | 2.68% | 1.06% | 0.49% | 0.24% | 1.65% | -2.70% | 2.41% | -2.29% | -4.47% | 2.01% |
| 2020 | -0.30% | -4.13% | -11.89% | 7.55% | 4.29% | 2.85% | 4.00% | 3.33% | -1.65% | -0.44% | 8.05% | 3.46% | 14.29% |
| 2019 | 6.01% | 1.89% | 0.89% | 2.08% | -3.05% | 4.36% | 0.15% | -0.85% | 0.94% | 1.39% | 1.60% | 1.50% | 17.94% |
| 2018 | 3.32% | -2.76% | -0.31% | 0.08% | 0.08% | -0.47% | 1.43% | -0.16% | -0.16% | -5.09% | 0.99% | -4.53% | -7.62% |
| 2017 | 2.09% | 2.05% | 1.05% | 1.64% | 1.70% | 0.42% | 1.75% | 0.74% | 1.14% | 1.28% | 0.95% | 0.00% | 15.82% |
| 2016 | -3.81% | -0.50% | 5.08% | 1.04% | 0.56% | -0.19% | 3.18% | 0.63% | 0.81% | -1.16% | -0.54% | 1.00% | 6.00% |
| 2015 | 0.28% | 3.27% | -0.18% | 1.36% | 0.36% | -1.69% | 0.54% | -4.41% | -2.54% | 4.54% | 0.09% | -2.22% | -0.94% |
| 2014 | -1.70% | 3.46% | -0.28% | 0.09% | 2.14% | 1.37% | -1.08% | 1.82% | -2.41% | 1.01% | 0.99% | -3.22% | 1.98% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PAFGX is 57, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for T. Rowe Price Global Allocation Fund (PAFGX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
T. Rowe Price Global Allocation Fund provided a 2.33% dividend yield over the last twelve months, with an annual payout of $0.36 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.36 | $0.36 | $0.33 | $0.16 | $0.08 | $0.10 | $0.17 | $0.20 | $0.10 | $0.12 | $0.10 | $0.11 |
Dividend yield | 2.33% | 2.42% | 2.32% | 1.22% | 0.52% | 0.66% | 1.27% | 1.74% | 0.79% | 1.09% | 0.95% | 1.03% |
Monthly Dividends
The table displays the monthly dividend distributions for T. Rowe Price Global Allocation Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.33 | $0.33 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.16 | $0.16 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.17 | $0.17 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 | $0.20 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.12 | $0.12 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.10 |
| 2014 | $0.11 | $0.11 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the T. Rowe Price Global Allocation Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the T. Rowe Price Global Allocation Fund was 26.89%, occurring on Oct 14, 2022. The portfolio has not yet recovered.
The current T. Rowe Price Global Allocation Fund drawdown is 2.74%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -26.89% | Nov 17, 2021 | 229 | Oct 14, 2022 | — | — | — |
| -24.45% | Feb 20, 2020 | 23 | Mar 23, 2020 | 94 | Aug 5, 2020 | 117 |
| -13.83% | Apr 28, 2015 | 201 | Feb 11, 2016 | 143 | Sep 6, 2016 | 344 |
| -13.72% | Jan 29, 2018 | 229 | Dec 24, 2018 | 129 | Jul 1, 2019 | 358 |
| -6.25% | Sep 4, 2014 | 73 | Dec 16, 2014 | 64 | Mar 20, 2015 | 137 |
Volatility
Volatility Chart
The current T. Rowe Price Global Allocation Fund volatility is 1.67%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.