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T. Rowe Price Retirement Blend 2010 Fund (TBLBX)
Performance
Return for Risk
Dividends
Drawdowns
Volatility

Fund Info

Inception Date
Jul 25, 2021
Min. Investment
$500,000
Distribution Policy
Distributing
Asset Class
Multi-Asset
Asset Class Size
Large-Cap
Asset Class Style
Blend

Share Price Chart


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Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in T. Rowe Price Retirement Blend 2010 Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


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S&P 500 Index

Returns By Period

T. Rowe Price Retirement Blend 2010 Fund (TBLBX) has returned -1.80% so far this year and 9.33% over the past 12 months.


T. Rowe Price Retirement Blend 2010 Fund

1D
0.00%
1M
-4.86%
YTD
-1.80%
6M
0.06%
1Y
9.33%
3Y*
9.20%
5Y*
10Y*

Benchmark (S&P 500 Index)

1D
2.91%
1M
-5.09%
YTD
-4.63%
6M
-2.39%
1Y
16.33%
3Y*
16.69%
5Y*
10.18%
10Y*
12.16%
*Multi-year figures are annualized to reflect compound growth (CAGR)

Monthly Returns

Based on dividend-adjusted daily data since Aug 3, 2021, TBLBX's average daily return is +0.02%, while the average monthly return is +0.35%. At this rate, your investment would double in approximately 16.5 years.

Historically, 63% of months were positive and 38% were negative. The best month was Nov 2023 with a return of +5.5%, while the worst month was Sep 2022 at -6.2%. The longest winning streak lasted 11 consecutive months, and the longest losing streak was 4 months.

On a daily basis, TBLBX closed higher 47% of trading days. The best single day was Apr 9, 2025 with a return of +3.3%, while the worst single day was Apr 4, 2025 at -2.6%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20261.70%1.49%-4.86%-1.80%
20252.06%0.61%-1.50%0.20%2.13%2.39%0.49%1.93%1.80%0.93%0.46%0.48%12.59%
20240.00%1.85%2.03%-2.41%2.58%1.05%1.86%1.73%1.40%-1.58%2.50%-2.15%9.03%
20234.69%-1.95%1.87%0.80%-1.03%2.76%1.79%-1.43%-2.79%-1.61%5.49%4.07%12.95%
2022-3.11%-1.55%-0.00%-4.83%0.11%-4.85%4.29%-2.67%-6.16%2.68%4.98%-2.42%-13.37%
20210.90%-2.08%2.32%-1.38%1.68%1.38%

Benchmark Metrics

T. Rowe Price Retirement Blend 2010 Fund has an annualized alpha of 0.28%, beta of 0.42, and R² of 0.79 versus S&P 500 Index. Calculated based on daily prices since August 04, 2021.

  • This fund participated in 59.25% of S&P 500 Index downside but only 46.70% of its upside — more exposed to losses than it benefited from rallies.
  • Beta of 0.42 indicates this fund moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

Alpha
0.28%
Beta
0.42
0.79
Upside Capture
46.70%
Downside Capture
59.25%

Expense Ratio

TBLBX has an expense ratio of 0.19%, which is considered low.


Return for Risk

Risk / Return Rank

TBLBX ranks 68 for risk / return — better than 68% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.


TBLBX Risk / Return Rank: 6868
Overall Rank
TBLBX Sharpe Ratio Rank: 6969
Sharpe Ratio Rank
TBLBX Sortino Ratio Rank: 6969
Sortino Ratio Rank
TBLBX Omega Ratio Rank: 6969
Omega Ratio Rank
TBLBX Calmar Ratio Rank: 6363
Calmar Ratio Rank
TBLBX Martin Ratio Rank: 7171
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for T. Rowe Price Retirement Blend 2010 Fund (TBLBX) and compare them to a chosen benchmark (S&P 500 Index).


TBLBXBenchmarkDifference

Sharpe ratio

Return per unit of total volatility

1.24

0.90

+0.34

Sortino ratio

Return per unit of downside risk

1.76

1.39

+0.37

Omega ratio

Gain probability vs. loss probability

1.26

1.21

+0.05

Calmar ratio

Return relative to maximum drawdown

1.49

1.40

+0.09

Martin ratio

Return relative to average drawdown

6.77

6.61

+0.16

Explore TBLBX risk-adjusted metrics in detail

Dive deeper into individual metrics with historical trends, benchmark comparisons, and performance across different time periods.

Dividends

Dividend History

T. Rowe Price Retirement Blend 2010 Fund provided a 3.47% dividend yield over the last twelve months, with an annual payout of $0.36 per share. The fund has been increasing its distributions for 2 consecutive years.


2.00%2.50%3.00%3.50%4.00%$0.00$0.10$0.20$0.30$0.4020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021
Dividend$0.36$0.36$0.31$0.21$0.33$0.19

Dividend yield

3.47%3.41%3.18%2.23%3.92%1.86%

Monthly Dividends

The table displays the monthly dividend distributions for T. Rowe Price Retirement Blend 2010 Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00
2025$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
2024$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.31$0.31
2023$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.21$0.21
2022$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
2021$0.19$0.19

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.


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Worst Drawdowns

The table below displays the maximum drawdowns of the T. Rowe Price Retirement Blend 2010 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 Retirement Blend 2010 Fund was 18.87%, occurring on Oct 14, 2022. Recovery took 358 trading sessions.

The current T. Rowe Price Retirement Blend 2010 Fund drawdown is 4.95%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-18.87%Nov 17, 2021229Oct 14, 2022358Mar 20, 2024587
-7.29%Feb 19, 202535Apr 8, 202526May 15, 202561
-4.95%Feb 27, 202621Mar 27, 2026
-3.13%Dec 5, 202424Jan 10, 202517Feb 5, 202541
-3.04%Apr 1, 202415Apr 19, 202417May 14, 202432

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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