# T. Rowe Price Balanced I Class (RBAIX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/rbaix 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: 2015-12-17 This fund aims to deliver long-term capital growth, generate ongoing income, and safeguard investors' principal. It achieves these goals by investing in a diversified portfolio of both equity and fixed income assets. Typically, the fund allocates around 65% of its net assets to stocks and 35% to fixed income instruments, although this proportion may be adjusted based on market dynamics. A minimum of 25% of its net assets must be invested in senior fixed income securities, and it retains the option to allocate up to 35% of its net assets to international securities. ## Key Facts | Metric | Value | |---|---| | Price | $29.75 | | Expense Ratio | 0.47% | | Assets Under Management | $5.16B | | NAV | $29.75 | | Holdings Count | — | | Distribution Yield (TTM) | 7.13% | | Annual Distribution (TTM) | $2.12 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $27.30 – $30.66 | | Beta | 0.95 | ## Latest Distribution - Amount: $0.1423 /share - Ex-date: 2026-09-28 - Pay date: 2026-09-29 ## Frequently Asked Questions ### What does RBAIX invest in? This fund aims to deliver long-term capital growth, generate ongoing income, and safeguard investors' principal. It achieves these goals by investing in a diversified portfolio of both equity and fixed income assets. Typically, the fund allocates around 65% of its net assets to stocks and 35% to fixed income instruments, although this proportion may be adjusted based on market dynamics. A minimum of 25% of its net assets must be invested in senior fixed income securities, and it retains the option to allocate up to 35% of its net assets to international securities. ### What is the expense ratio of RBAIX? T. Rowe Price Balanced I Class (RBAIX) charges an expense ratio of 0.47%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is RBAIX? T. Rowe Price Balanced I Class (RBAIX) manages $5.16B 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 RBAIX actively managed or an index fund? RBAIX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RBAIX's is 0.47%) in exchange for the discretion to over- or under-weight positions. ### When was RBAIX launched? T. Rowe Price Balanced I Class (RBAIX) launched in December 2015 and is managed by T. Rowe Price. ### How has RBAIX performed? RBAIX'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 RBAIX pay a dividend? T. Rowe Price Balanced I Class (RBAIX) currently distributes little or no income. Trailing-twelve-month yield is 7.13%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does RBAIX pay dividends? T. Rowe Price Balanced I Class pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is RBAIX's dividend yield? RBAIX's trailing-twelve-month yield is 7.13%, calculated from the sum of dividends over the past year divided by the current price. ### When is RBAIX's next ex-dividend date? The most recently announced ex-dividend date for RBAIX was 2026-09-28. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will RBAIX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.47% 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 RBAIX charge its expense ratio? The expense ratio is deducted in tiny daily slices from RBAIX'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 RBAIX cost more than a fund like VOO? RBAIX is actively managed (current expense ratio 0.47%). 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 RBAIX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to RBAIX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as RBAIX (0.47%) 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/rbaix - Distribution history: https://www.dividenddata.com/funds/rbaix/dividend - Holdings & diversification: https://www.dividenddata.com/funds/rbaix/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/rbaix/expenses - Peer comparison: https://www.dividenddata.com/funds/rbaix/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.