- What does TPPAX invest in?
- This fund aims to achieve the highest possible overall return over the long term, focusing on a balanced approach that emphasizes both the growth of capital and the generation of income. It invests in a diversified mix of assets, typically allocating about 60% to stocks, 35% to bonds, money market instruments, and cash, and 5% to alternative investments, potentially including hedge funds. Under normal market conditions, its exposure to these broad asset classes will stay within the following ranges: 50-70% in stocks, 25-45% in bonds, money market securities, and cash reserves, and 0-10% in alternative investments.
- What is the expense ratio of TPPAX?
- T. Rowe Price Spectrum Moderate Allocation Fund I Class (TPPAX) charges an expense ratio of 0.62%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is TPPAX?
- T. Rowe Price Spectrum Moderate Allocation Fund I Class (TPPAX) manages $2.09B 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 TPPAX actively managed or an index fund?
- TPPAX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TPPAX's is 0.62%) in exchange for the discretion to over- or under-weight positions.
- When was TPPAX launched?
- T. Rowe Price Spectrum Moderate Allocation Fund I Class (TPPAX) launched in March 2016 and is managed by T. Rowe Price.
- How has TPPAX performed?
- TPPAX'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.
