- What does PAROX invest in?
- This investment vehicle is designed to achieve the highest possible total return over the long term, balancing capital appreciation with income generation. It operates by allocating its assets across a diverse array of other T. Rowe Price mutual funds, which collectively encompass a wide range of stock and bond asset classes and market sectors. The portfolio's composition, specifically its allocation among these underlying funds, will dynamically shift over time as it approaches its designated target retirement date. True to its name, the fund is meticulously managed with a specific retirement year in mind—2055—and is based on the assumption that investors will retire at age 65.
- What is the expense ratio of PAROX?
- T. Rowe Price Retirement 2055 Fund Advisor Class (PAROX) charges an expense ratio of 0.88%. This is the annual fee deducted from fund assets to cover management and operations.
- What is PAROX's dividend yield?
- PAROX's trailing-twelve-month yield is 3.46%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of PAROX?
- Effective duration measures PAROX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PAROX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of PAROX?
- PAROX'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 PAROX?
- Yield to maturity (YTM) is the total return you'd earn from PAROX if every bond in the portfolio is held to maturity at the current price. PAROX'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.
