PAERX: T. Rowe Price Target 2010 Advisor

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PAERX T. Rowe Price Target 2010 Advisor


Profile

PAERX - Profile

Vitals

  • YTD Return -9.6%
  • 3 Yr Annualized Return -1.3%
  • 5 Yr Annualized Return -0.5%
  • Net Assets $61.2 M
  • Holdings in Top 10 86.8%

52 WEEK LOW AND HIGH

$10.69
$9.88
$12.12

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.88%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 25.30%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2000-2010

Distributions

  • YTD Total Return -9.6%
  • 3 Yr Annualized Total Return 1.2%
  • 5 Yr Annualized Total Return 1.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.92%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    T. Rowe Price Target 2010 Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Aug 20, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jerome Clark

Fund Description

The fund pursues its objective by investing in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. It is managed based on the specific retirement year (target date 2010) included in its name and assumes a retirement age of 65. The target date refers to the approximate year an investor in the fund would plan to retire and likely stop making new investments in the fund.


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Categories

Fund Company Quick Screens

PAERX - Fund Company Quick Screens


Performance

PAERX - Performance

Return Ranking - Trailing

Period PAERX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.6% -22.9% 1.0% 22.98%
1 Yr -6.1% -23.4% 13.9% 18.16%
3 Yr -1.3%* -21.6% 7.4% 19.98%
5 Yr -0.5%* -14.1% 5.0% 17.85%
10 Yr N/A* -5.6% 8.8% N/A

* Annualized

Return Ranking - Calendar

Period PAERX Return Category Return Low Category Return High Rank in Category (%)
2019 11.4% -1.8% 25.1% 50.38%
2018 -7.7% -30.8% -0.6% 9.29%
2017 6.8% -36.9% 18.2% 73.86%
2016 4.0% -5.2% 8.1% 39.85%
2015 -3.2% -20.8% -1.4% 14.47%

Total Return Ranking - Trailing

Period PAERX Return Category Return Low Category Return High Rank in Category (%)
YTD -9.6% -22.9% 1.0% 22.98%
1 Yr -6.1% -23.4% 13.9% 18.16%
3 Yr 1.2%* -21.6% 7.4% 17.16%
5 Yr 1.9%* -14.1% 5.5% 17.17%
10 Yr N/A* -5.6% 8.8% N/A

* Annualized

Total Return Ranking - Calendar

Period PAERX Return Category Return Low Category Return High Rank in Category (%)
2019 11.4% -1.8% 25.1% 50.38%
2018 -3.4% -25.4% 1.3% 2.68%
2017 9.9% -36.9% 24.6% 78.32%
2016 6.4% -3.2% 12.3% 46.53%
2015 -0.9% -20.6% 2.9% 18.62%

NAV & Total Return History


Holdings

PAERX - Holdings

Concentration Analysis

PAERX Category Low Category High PAERX % Rank
Net Assets 61.2 M 103 K 28.6 B 74.84%
Number of Holdings 20 1 510 56.17%
Net Assets in Top 10 61.5 M 0 23.7 B 74.87%
Weighting of Top 10 86.76% 0.0% 100.0% 40.53%

Top 10 Holdings

  1. T. Rowe Price New Income I 19.17%
  2. T. Rowe Price Ltd Dur Infl Focus Bd I 19.10%
  3. T. Rowe Price Equity Index 500 I 19.01%
  4. T. Rowe Price Intl Bd (USD Hdgd) I 6.44%
  5. T. Rowe Price Emerging Markets Bond I 5.34%
  6. T. Rowe Price Dynamic Global Bond I 4.34%
  7. T. Rowe Price High Yield I 4.10%
  8. T. Rowe Price Overseas Stock I 3.23%
  9. T. Rowe Price International Stock I 3.12%
  10. T. Rowe Price International Value Eq I 2.91%

Asset Allocation

Weighting Return Low Return High PAERX % Rank
Bonds
59.03% -156.19% 76.39% 12.16%
Stocks
36.64% 0.00% 79.79% 82.92%
Cash
3.88% -16.39% 187.11% 44.54%
Convertible Bonds
0.33% 0.00% 6.01% 53.40%
Preferred Stocks
0.10% 0.00% 35.17% 33.36%
Other
0.01% -4.62% 54.35% 67.80%

Stock Sector Breakdown

Weighting Return Low Return High PAERX % Rank
Financial Services
17.70% 3.80% 22.24% 25.47%
Technology
15.61% 3.36% 19.76% 56.89%
Healthcare
13.29% 1.80% 18.37% 14.76%
Industrials
11.02% 1.74% 13.49% 54.10%
Consumer Cyclical
10.05% 2.04% 12.01% 48.51%
Communication Services
8.44% 0.38% 16.02% 32.49%
Consumer Defense
8.28% 1.11% 18.22% 18.63%
Energy
4.55% 0.98% 9.60% 35.19%
Basic Materials
4.01% 0.30% 6.31% 52.84%
Real Estate
3.82% 0.46% 20.40% 78.22%
Utilities
3.23% 0.00% 5.02% 54.82%

Stock Geographic Breakdown

Weighting Return Low Return High PAERX % Rank
US
24.89% 0.00% 56.63% 75.49%
Non US
11.75% 0.00% 41.99% 87.75%

Bond Sector Breakdown

Weighting Return Low Return High PAERX % Rank
Government
48.42% -2.84% 59.34% 14.58%
Corporate
26.97% 0.00% 99.65% 44.10%
Securitized
18.46% 0.00% 38.00% 51.25%
Cash & Equivalents
6.11% 0.04% 187.10% 88.46%
Municipal
0.03% 0.00% 3.47% 91.68%
Derivative
0.01% -170.75% 25.50% 63.24%

Bond Geographic Breakdown

Weighting Return Low Return High PAERX % Rank
US
40.46% -189.52% 69.47% 33.09%
Non US
18.57% -33.97% 33.33% 2.42%

Expenses

PAERX - Expenses

Operational Fees

PAERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.88% 0.01% 108.96% 27.61%
Management Fee 0.47% 0.00% 1.05% 84.87%
12b-1 Fee 0.25% 0.00% 1.00% 62.56%
Administrative Fee 0.15% 0.01% 0.40% 58.71%

Sales Fees

PAERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

PAERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PAERX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 25.30% 1.00% 150.00% 47.96%

Distributions

PAERX - Distributions

Dividend Yield Analysis

PAERX Category Low Category High PAERX % Rank
Dividend Yield 0.00% 0.00% 5.67% 84.21%

Dividend Distribution Analysis

PAERX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

PAERX Category Low Category High PAERX % Rank
Net Income Ratio 1.92% -0.67% 7.08% 60.28%

Capital Gain Distribution Analysis

PAERX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

PAERX - Fund Manager Analysis

Managers

Jerome Clark


Start Date

Tenure

Tenure Rank

Aug 20, 2013

6.62

6.6%

Jerome Clark is a Vice President of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc., and a Portfolio Manager in the Fixed Income Group. Prior to joining the firm in 1992, Jerome was a Captain in the United States Marine Corps and spent three years as a Mathematics Instructor at the U.S. Naval Academy. Jerome earned a B.S. in Mathematics from the U.S. Naval Academy, an M.S. in Operations Research from the Naval Postgraduate School, and an M.B.A. in Finance from Johns Hopkins University. He has also achieved the Chartered Financial Analyst accreditation.

Wyatt Lee


Start Date

Tenure

Tenure Rank

Aug 20, 2013

6.62

6.6%

Wyatt Lee, CFA is a Vice President and Portfolio Manager at T. Rowe Price. Mr. Lee became chairman of the committee in 2011. He joined the Firm in 1999 and his investment experience dates from 1997.

Kim DeDominicis


Start Date

Tenure

Tenure Rank

Oct 01, 2019

0.5

0.5%

Ms. DeDominicis originally joined T. Rowe Price in 1998 and returned to the Firm in 2003. Her investment experience dates from 1999. Ms. DeDominicis has served as an associate portfolio manager for the target date strategies during the past five years.

Andrew van Merlen


Start Date

Tenure

Tenure Rank

Jan 01, 2020

0.25

0.3%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 15.42 5.15 1.58