T. Rowe Price Retirement Balanced I Fund (TRPTX)
The fund pursues its objective by investing in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. It is intended for retired investors who seek income and relative stability from bonds along with some capital appreciation potential from stocks. The fund's "neutral allocations," which are what T. Rowe Price considers broadly appropriate for investors during their retirement years, are 40% stock funds and 60% bond funds.
Fund Info
US8727978400
Sep 28, 2015
$500,000
Large-Cap
Blend
Expense Ratio
TRPTX features an expense ratio of 0.34%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in T. Rowe Price Retirement Balanced I 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
TRPTX
N/A
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^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of TRPTX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.07% | 0.71% | |||||||||||
| 2023 | 4.11% | -1.80% | 1.84% | 0.78% | -1.04% | 2.30% | 1.58% | -1.19% | -2.46% | -1.43% | 5.01% | 3.67% | 11.60% |
| 2022 | -2.80% | -1.22% | -0.24% | -4.52% | -0.08% | -4.37% | 3.91% | -2.63% | -5.68% | 2.25% | 4.42% | -2.11% | -12.85% |
| 2021 | -0.03% | 1.24% | 1.04% | 2.24% | 0.90% | 0.56% | 0.89% | 1.03% | -1.76% | 2.01% | -1.26% | 1.48% | 8.57% |
| 2020 | 0.10% | -2.63% | -8.52% | 6.21% | 3.05% | 2.00% | 3.00% | 2.65% | -1.42% | -0.76% | 5.70% | 3.28% | 12.42% |
| 2019 | 4.01% | 1.30% | 1.30% | 1.64% | -1.81% | 3.35% | 0.20% | 0.03% | 0.45% | 1.15% | 1.14% | 1.85% | 15.46% |
| 2018 | 1.75% | -1.75% | -0.11% | -0.09% | 0.37% | 0.02% | 1.26% | 0.64% | -0.08% | -3.29% | 0.58% | -2.39% | -3.16% |
| 2017 | 1.40% | 1.48% | 0.51% | 0.81% | 1.08% | 0.10% | 1.25% | 0.45% | 0.72% | 0.78% | 0.79% | 0.70% | 10.54% |
| 2016 | -1.89% | 0.08% | 3.98% | 0.85% | 0.27% | 0.85% | 1.88% | 0.27% | 0.47% | -1.13% | -0.20% | 0.96% | 6.45% |
| 2015 | 3.15% | -0.40% | -0.98% | 1.72% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for T. Rowe Price Retirement Balanced I Fund (TRPTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
| Period | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.46 | $0.81 | $0.71 | $0.60 | $0.37 | $0.46 | $0.38 | $0.22 | $0.07 |
Dividend yield | 4.10% | 7.67% | 5.43% | 4.72% | 3.10% | 4.41% | 3.36% | 2.10% | 0.73% |
Monthly Dividends
The table displays the monthly dividend distributions for T. Rowe Price Retirement Balanced I 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.02 | $0.03 | $0.05 | ||||||||||
| 2023 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.10 | $0.20 | $0.46 |
| 2022 | $0.01 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.17 | $0.52 | $0.81 |
| 2021 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.01 | $0.61 | $0.71 |
| 2020 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.46 | $0.60 |
| 2019 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.20 | $0.37 |
| 2018 | $0.01 | $0.02 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.30 | $0.46 |
| 2017 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.25 | $0.38 |
| 2016 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.10 | $0.22 |
| 2015 | $0.01 | $0.01 | $0.06 | $0.07 |
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 Retirement Balanced I 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 Balanced I Fund was 18.61%, occurring on Mar 23, 2020. Recovery took 82 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.61% | Feb 20, 2020 | 23 | Mar 23, 2020 | 82 | Jul 20, 2020 | 105 |
| -17.82% | Nov 17, 2021 | 229 | Oct 14, 2022 | — | — | — |
| -7.88% | Jan 29, 2018 | 229 | Dec 24, 2018 | 53 | Mar 13, 2019 | 282 |
| -6.03% | Nov 4, 2015 | 68 | Feb 11, 2016 | 33 | Mar 31, 2016 | 101 |
| -3.63% | Sep 3, 2020 | 15 | Sep 24, 2020 | 30 | Nov 5, 2020 | 45 |
Volatility
Volatility Chart
The current T. Rowe Price Retirement Balanced I Fund volatility is 1.48%, 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.