T. Rowe Price Target 2065

Frequently Asked Questions About PRSLX

What does PRSLX invest in?

This portfolio aims to achieve its investment objectives by strategically allocating assets across a wide range of T. Rowe Price equity and fixed-income mutual funds, thereby securing exposure to diverse asset classes and market sectors. The composition of these underlying T. Rowe Price funds will be rebalanced periodically, adjusting as the fund approaches its specified target retirement date. Identified by the year 2065 in its title, the fund's management strategy is specifically designed for that retirement year, built upon the assumption of an investor retiring at age 65.

What is the expense ratio of PRSLX?

T. Rowe Price Target 2065 (PRSLX) charges an expense ratio of 0.64%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PRSLX?

T. Rowe Price Target 2065 (PRSLX) manages $52.6M 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 PRSLX actively managed or an index fund?

PRSLX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PRSLX's is 0.64%) in exchange for the discretion to over- or under-weight positions.

When was PRSLX launched?

T. Rowe Price Target 2065 (PRSLX) launched in October 2020 and is managed by T. Rowe Price.

How has PRSLX performed?

PRSLX'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.