- What does PARAX invest in?
- This fund is designed to offer broad market exposure by holding a diverse collection of other T. Rowe Price mutual funds, spanning various stock and bond categories as well as different industries. The specific blend of these underlying funds will automatically evolve and shift as the fund progresses toward its intended target retirement date. As indicated by its name, this particular fund is tailored for individuals aiming to retire in the year 2010, premised on a conventional retirement age of 65.
- What is the expense ratio of PARAX?
- T. Rowe Price Retirement 2010 Fund (PARAX) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.
- What is PARAX's dividend yield?
- PARAX's trailing-twelve-month yield is 5.27%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of PARAX?
- Effective duration measures PARAX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PARAX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of PARAX?
- PARAX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of PARAX?
- Yield to maturity (YTM) is the total return you'd earn from PARAX if every bond in the portfolio is held to maturity at the current price. PARAX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
