- What does PARLX invest in?
- This investment vehicle strategically allocates its holdings across a diverse array of T. Rowe Price stock and bond mutual funds, covering various asset classes and market sectors. The underlying asset mix within these funds will progressively adjust over time, aligning with its specific target retirement date. Designed for individuals aiming to retire around the year 2045, the fund's management strategy is predicated on an assumed retirement age of 65.
- What is the expense ratio of PARLX?
- T. Rowe Price Retirement 2045 Fund (PARLX) charges an expense ratio of 0.85%. This is the annual fee deducted from fund assets to cover management and operations.
- What is PARLX's dividend yield?
- PARLX's trailing-twelve-month yield is 3.16%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of PARLX?
- Effective duration measures PARLX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PARLX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of PARLX?
- PARLX'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 PARLX?
- Yield to maturity (YTM) is the total return you'd earn from PARLX if every bond in the portfolio is held to maturity at the current price. PARLX'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.
