# T. Rowe Price Retirement 2030 Fund (PARCX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/parcx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: T. Rowe Price · Asset class: Equity - Strategy: Actively Managed · Inception: 2003-10-30 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. ## Key Facts | Metric | Value | |---|---| | Price | $29.24 | | Expense Ratio | 0.80% | | Assets Under Management | $27.90B | | NAV | $29.24 | | Holdings Count | — | | Distribution Yield (TTM) | 5.16% | | Annual Distribution (TTM) | $1.51 /share | | Distribution Frequency | Annual | | 52-Week Range | $26.63 – $30.01 | | Beta | 0.95 | ## Latest Distribution - Amount: $1.5090 /share - Ex-date: 2025-12-19 - Pay date: 2025-12-22 ## Frequently Asked Questions ### 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. ### Does PARCX pay a dividend? T. Rowe Price Retirement 2030 Fund (PARCX) currently distributes little or no income. Trailing-twelve-month yield is 5.16%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PARCX pay dividends? T. Rowe Price Retirement 2030 Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PARCX's dividend yield? PARCX's trailing-twelve-month yield is 5.16%, calculated from the sum of dividends over the past year divided by the current price. ### When is PARCX's next ex-dividend date? The most recently announced ex-dividend date for PARCX was 2025-12-19. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will PARCX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.80% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PARCX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PARCX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PARCX cost more than a fund like VOO? PARCX is actively managed (current expense ratio 0.80%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether PARCX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PARCX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PARCX (0.80%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/parcx - Distribution history: https://www.dividenddata.com/funds/parcx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/parcx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/parcx/expenses - Peer comparison: https://www.dividenddata.com/funds/parcx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.