- What does PARDX invest in?
- This fund strategically allocates its capital across a diverse collection of underlying T. Rowe Price equity and fixed-income mutual funds, encompassing various asset classes and market sectors. The portfolio's composition among these T. Rowe Price funds will dynamically shift as it draws nearer to its designated retirement year. Managed specifically for a target retirement date of 2040, as indicated in its name, the fund's approach is built upon an assumed retirement age of 65.
- What is the expense ratio of PARDX?
- T. Rowe Price Retirement 2040 Fund (PARDX) charges an expense ratio of 0.84%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PARDX?
- T. Rowe Price Retirement 2040 Fund (PARDX) manages $27.29B 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 PARDX actively managed or an index fund?
- PARDX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PARDX's is 0.84%) in exchange for the discretion to over- or under-weight positions.
- When was PARDX launched?
- T. Rowe Price Retirement 2040 Fund (PARDX) launched in October 2003 and is managed by T. Rowe Price.
- How has PARDX performed?
- PARDX'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.
