# T. Rowe Price Spectrum Moderate Growth Allocation Fund (TGIPX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/tgipx 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: 2016-03-24 This fund aims to achieve its objectives by investing in a broadly diversified portfolio. Typically, it allocates approximately 80% of its assets to equity securities, around 16% to a combination of fixed-income instruments, money market securities, and cash equivalents, and roughly 4% to alternative investments, which may include exposure to hedge funds. Under ordinary market circumstances, the fund's allocation across these primary asset classes will adhere to the following ranges: equity holdings will comprise between 70% and 90% of the portfolio, fixed-income and cash positions will flu... ## Key Facts | Metric | Value | |---|---| | Price | $46.25 | | Expense Ratio | 0.63% | | Assets Under Management | $4.22B | | NAV | $46.25 | | Holdings Count | — | | Distribution Yield (TTM) | 6.33% | | Annual Distribution (TTM) | $2.93 /share | | Distribution Frequency | Annual | | 52-Week Range | $41.29 – $47.96 | | Beta | 1.06 | ## Latest Distribution - Amount: $2.9288 /share - Ex-date: 2025-12-17 - Pay date: 2025-12-18 ## Frequently Asked Questions ### What does TGIPX invest in? This fund aims to achieve its objectives by investing in a broadly diversified portfolio. Typically, it allocates approximately 80% of its assets to equity securities, around 16% to a combination of fixed-income instruments, money market securities, and cash equivalents, and roughly 4% to alternative investments, which may include exposure to hedge funds. Under ordinary market circumstances, the fund's allocation across these primary asset classes will adhere to the following ranges: equity holdings will comprise between 70% and 90% of the portfolio, fixed-income and cash positions will fluctuate from 5% to 25%, and alternative investments may constitute anywhere from 0% to 10% of the total assets. ### What is the expense ratio of TGIPX? T. Rowe Price Spectrum Moderate Growth Allocation Fund (TGIPX) charges an expense ratio of 0.63%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TGIPX? T. Rowe Price Spectrum Moderate Growth Allocation Fund (TGIPX) manages $4.22B 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 TGIPX actively managed or an index fund? TGIPX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TGIPX's is 0.63%) in exchange for the discretion to over- or under-weight positions. ### When was TGIPX launched? T. Rowe Price Spectrum Moderate Growth Allocation Fund (TGIPX) launched in March 2016 and is managed by T. Rowe Price. ### How has TGIPX performed? TGIPX'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 TGIPX pay a dividend? T. Rowe Price Spectrum Moderate Growth Allocation Fund (TGIPX) currently distributes little or no income. Trailing-twelve-month yield is 6.33%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TGIPX pay dividends? T. Rowe Price Spectrum Moderate Growth Allocation Fund pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TGIPX's dividend yield? TGIPX's trailing-twelve-month yield is 6.33%, calculated from the sum of dividends over the past year divided by the current price. ### When is TGIPX's next ex-dividend date? The most recently announced ex-dividend date for TGIPX was 2025-12-17. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will TGIPX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.63% 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 TGIPX charge its expense ratio? The expense ratio is deducted in tiny daily slices from TGIPX'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 TGIPX cost more than a fund like VOO? TGIPX is actively managed (current expense ratio 0.63%). 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 TGIPX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to TGIPX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TGIPX (0.63%) 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/tgipx - Distribution history: https://www.dividenddata.com/funds/tgipx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/tgipx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/tgipx/expenses - Peer comparison: https://www.dividenddata.com/funds/tgipx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.