T. Rowe Price Retirement 2030 Fund

Frequently Asked Questions About PARCX

What does PARCX invest in?

This investment vehicle strategically allocates capital across a broad array of T. Rowe Price's equity and fixed-income mutual funds, ensuring diversification across diverse asset classes and market sectors. The asset allocation among its constituent T. Rowe Price mutual funds will evolve progressively over time, aligned with its designated retirement horizon. This fund's management strategy is specifically tailored to its namesake 2030 target retirement year, operating under the assumption of an individual retiring at age 65.

What is the expense ratio of PARCX?

T. Rowe Price Retirement 2030 Fund (PARCX) charges an expense ratio of 0.80%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PARCX?

T. Rowe Price Retirement 2030 Fund (PARCX) manages $27.90B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is PARCX actively managed or an index fund?

PARCX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PARCX's is 0.80%) in exchange for the discretion to over- or under-weight positions.

When was PARCX launched?

T. Rowe Price Retirement 2030 Fund (PARCX) launched in October 2003 and is managed by T. Rowe Price.

How has PARCX performed?

PARCX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.