Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
YTD Return
9.5%
1 yr return
11.8%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$2.22 B
Holdings in Top 10
70.3%
Expense Ratio 0.34%
Front Load N/A
Deferred Load N/A
Turnover N/A
Redemption Fee N/A
Standard (Taxable)
N/A
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
The fund pursues its objective(s) by investing in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. The fund 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.
These allocations are intended to reflect the need for reduced market risks, lower portfolio volatility, and an income stream throughout retirement. Although the fund is designed for investors already in retirement, you should be aware that it does not decrease its equity holdings and become increasingly conservative over time. As such, you may want to consider a more conservative or more aggressive approach depending on your age and specific stage of retirement. The fund is designed to be part of an investor’s overall retirement strategy, but is not intended as a complete solution to an investor’s retirement needs. While the overall asset mix generally remains consistent over time, tactical decisions may be made by T. Rowe Price to overweight or underweight a particular asset class or sector based on its market outlook. The target allocations assigned to the broad asset classes (Stocks and Bonds), which reflect these tactical decisions resulting from market outlook, are not expected to vary from the neutral allocations by more than plus (+) or minus (-) five percent (5%). The target allocations and actual allocations may differ due to significant market movements or cash flows.
The following table illustrates how the portfolio is generally expected to be allocated between the asset classes and the underlying T. Rowe Price mutual funds that are used to represent the broad asset classes and specific sectors. The fund invests in the Z Class of each of its underlying funds. T. Rowe Price is contractually obligated to waive and/or bear all of the Z Class’ expenses, with certain limited exceptions. The fund’s overall allocation to stocks is represented by a diversified mix of U.S. and international stock funds that employ both growth and value investment approaches and consist of large-cap, mid-cap, and small-cap stocks. The fund’s overall allocation to bonds is represented by a “core” fixed income component designed to have lower overall volatility and a “diversifying” fixed income component designed to respond to a variety of market conditions and improve risk adjusted returns. The information in the table represents the neutral allocations for the fund as of August 1, 2024. The numbers may not add to 100% due to rounding. Updated allocations between stock funds and bond funds, and actual allocations to the individual T. Rowe Price mutual funds, are available through troweprice.com. T. Rowe Price may periodically rebalance or modify the asset mix of the underlying funds and change the underlying fund allocations.
Retirement Balanced Fund | ||||||
Asset Class | Sector(s) | Neutral Allocation | Underlying Fund(s) | |||
Stocks | 40.00 | % | Hedged Equity | 4.00 | % | Hedged Equity |
Inflation Focused | 2.00 | Real Assets | ||||
International Developed Market | 8.67 | International Stock, | ||||
International Value Equity, and/or | ||||||
Overseas Stock | ||||||
International Emerging Market | 1.53 | Emerging Markets Discovery Stock and/or | ||||
Emerging Markets Stock | ||||||
U.S. Large-Cap | 19.04 | Equity Index 500, | ||||
Growth Stock, | ||||||
U.S. Equity Research, | ||||||
U.S. Large-Cap Core, and/or | ||||||
Value | ||||||
U.S. Mid-Cap | 2.38 | Mid-Cap Growth, | ||||
Mid-Cap Index, and/or | ||||||
Mid-Cap Value | ||||||
U.S. Small-Cap | 2.38 | New Horizons, | ||||
Small-Cap Index, | ||||||
Small-Cap Stock, and/or | ||||||
Small-Cap Value | ||||||
Bonds | 60.00 | Core Fixed Income | 28.00 | Dynamic Global Bond, | ||
International Bond (USD Hedged), and/or | ||||||
New Income | ||||||
Diversifying Fixed Income | 32.00 | Dynamic Credit, | ||||
Emerging Markets Bond, | ||||||
Floating Rate, | ||||||
High Yield, | ||||||
Limited Duration Inflation Focused Bond, | ||||||
U.S. Treasury Long-Term Index, and/or | ||||||
U.S. Treasury Money | ||||||
Period | TRJWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.5% | N/A | N/A | N/A |
1 Yr | 11.8% | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Period | TRJWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
Period | TRJWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.5% | N/A | N/A | N/A |
1 Yr | 11.8% | N/A | N/A | N/A |
3 Yr | N/A* | N/A | N/A | N/A |
5 Yr | N/A* | N/A | N/A | N/A |
10 Yr | N/A* | N/A | N/A | N/A |
* Annualized
Period | TRJWX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | N/A | N/A | N/A |
2022 | N/A | N/A | N/A | N/A |
2021 | N/A | N/A | N/A | N/A |
2020 | N/A | N/A | N/A | N/A |
2019 | N/A | N/A | N/A | N/A |
TRJWX | Category Low | Category High | TRJWX % Rank | |
---|---|---|---|---|
Net Assets | 2.22 B | N/A | N/A | N/A |
Number of Holdings | 27 | N/A | N/A | N/A |
Net Assets in Top 10 | 1.55 B | N/A | N/A | N/A |
Weighting of Top 10 | 70.29% | N/A | N/A | N/A |
Weighting | Return Low | Return High | TRJWX % Rank | |
---|---|---|---|---|
Stocks | 97.46% | N/A | N/A | N/A |
Cash | 2.54% | N/A | N/A | N/A |
Preferred Stocks | 0.00% | N/A | N/A | N/A |
Other | 0.00% | N/A | N/A | N/A |
Convertible Bonds | 0.00% | N/A | N/A | N/A |
Bonds | 0.00% | N/A | N/A | N/A |
Weighting | Return Low | Return High | TRJWX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | N/A | N/A | N/A |
Technology | 0.00% | N/A | N/A | N/A |
Real Estate | 0.00% | N/A | N/A | N/A |
Industrials | 0.00% | N/A | N/A | N/A |
Healthcare | 0.00% | N/A | N/A | N/A |
Financial Services | 0.00% | N/A | N/A | N/A |
Energy | 0.00% | N/A | N/A | N/A |
Communication Services | 0.00% | N/A | N/A | N/A |
Consumer Defense | 0.00% | N/A | N/A | N/A |
Consumer Cyclical | 0.00% | N/A | N/A | N/A |
Basic Materials | 0.00% | N/A | N/A | N/A |
Weighting | Return Low | Return High | TRJWX % Rank | |
---|---|---|---|---|
US | 97.46% | N/A | N/A | N/A |
Non US | 0.00% | N/A | N/A | N/A |
TRJWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.34% | N/A | N/A | N/A |
Management Fee | 0.34% | N/A | N/A | N/A |
12b-1 Fee | N/A | N/A | N/A | N/A |
Administrative Fee | N/A | N/A | N/A | N/A |
TRJWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | N/A | N/A | N/A |
Deferred Load | N/A | N/A | N/A | N/A |
TRJWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | N/A | N/A | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
TRJWX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | N/A | N/A | N/A |
TRJWX | Category Low | Category High | TRJWX % Rank | |
---|---|---|---|---|
Dividend Yield | 9.31% | N/A | N/A | N/A |
TRJWX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly |
TRJWX | Category Low | Category High | TRJWX % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | N/A | N/A | N/A |
TRJWX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency |
Date | Amount | Type |
---|---|---|
Nov 29, 2024 | $0.107 | OrdinaryDividend |
Oct 31, 2024 | $0.024 | OrdinaryDividend |
Sep 30, 2024 | $0.024 | OrdinaryDividend |
Aug 30, 2024 | $0.026 | OrdinaryDividend |
Jul 31, 2024 | $0.020 | OrdinaryDividend |
Dec 28, 2023 | $0.102 | OrdinaryDividend |
Dec 21, 2023 | $0.151 | CapitalGainLongTerm |
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