PARLX: T. Rowe Price Retirement 2045 Fund - MutualFunds.com
Continue to site >
Trending ETFs

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.
Not interested

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

T. Rowe Price Retirement 2045 Advisor

PARLX - Snapshot

Vitals

  • YTD Return 13.3%
  • 3 Yr Annualized Return 15.0%
  • 5 Yr Annualized Return 14.8%
  • Net Assets $9.8 B
  • Holdings in Top 10 83.7%

52 WEEK LOW AND HIGH

$23.76
$18.37
$23.76

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.87%

SALES FEES

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

BROKERAGE FEES

  • Turnover 21.80%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Theme
    Target-Date 2045
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2045

Compare PARLX to Popular Target-Date 2045 Funds

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Vanguard Institutional Target Retirement 2045 Fund

Fund

$33.49

-0.56%

$40.24 B

1.48%

$0.50

12.04%

0.09%

Vanguard Target Retirement 2045 Fund

Fund

$31.57

-0.57%

$31.72 B

1.42%

$0.45

11.99%

0.15%

American Funds 2045 Target Date Retirement Fund®

Fund

$21.19

-0.47%

$22.25 B

0.63%

$0.14

11.53%

0.72%

Fidelity Freedom® 2045 Fund

Fund

$14.49

-0.62%

$19.75 B

-

$0.14

7.73%

0.75%

T. Rowe Price Retirement 2045 Fund

Fund

$23.84

-0.63%

$9.80 B

0.67%

$0.16

13.47%

0.62%

PARLX - Profile

Distributions

  • YTD Total Return 13.3%
  • 3 Yr Annualized Total Return 15.0%
  • 5 Yr Annualized Total Return 14.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.25%
DIVIDENDS
  • Dividend Yield 0.5%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    T. Rowe Price Retirement 2045 Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    May 31, 2007
  • Shares Outstanding
    N/A
  • Share Class
    Adv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Wyatt Lee

Fund Description

The fund invests in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. Its allocation among T. Rowe Price mutual funds will change over time in relation to its target retirement date. The fund is managed based on the specific retirement year (target date 2045) included in its name and assumes a retirement age of 65.

PARLX - Performance

Return Ranking - Trailing

Period PARLX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.3% 5.3% 15.1% 11.79%
1 Yr 39.4% 27.3% 41.7% 13.79%
3 Yr 15.0%* 10.2% 15.4% 7.48%
5 Yr 14.8%* 11.0% 15.2% 8.24%
10 Yr 11.2%* 8.0% 11.8% 9.60%

* Annualized

Return Ranking - Calendar

Period PARLX Return Category Return Low Category Return High Rank in Category (%)
2020 13.3% 1.6% 15.5% 26.27%
2019 18.3% 5.3% 23.0% 47.98%
2018 -15.3% -27.7% -6.9% 56.65%
2017 18.1% -18.3% 20.0% 21.60%
2016 3.1% -4.8% 7.7% 72.73%

Total Return Ranking - Trailing

Period PARLX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.3% 5.3% 15.1% 11.79%
1 Yr 39.4% 21.7% 41.7% 11.68%
3 Yr 15.0%* 8.1% 15.4% 8.16%
5 Yr 14.8%* 10.0% 15.2% 8.93%
10 Yr 11.2%* 8.0% 11.8% 8.94%

* Annualized

Total Return Ranking - Calendar

Period PARLX Return Category Return Low Category Return High Rank in Category (%)
2020 13.3% 1.6% 15.5% 26.27%
2019 18.3% 5.3% 23.0% 47.98%
2018 -7.9% -23.9% -5.5% 15.03%
2017 22.1% -18.3% 26.2% 4.94%
2016 7.5% -2.6% 12.3% 44.06%

NAV & Total Return History

PARLX - Holdings

Concentration Analysis

PARLX Category Low Category High PARLX % Rank
Net Assets 9.8 B 200 K 40.2 B 8.75%
Number of Holdings 27 2 528 23.75%
Net Assets in Top 10 8.07 B 172 K 39.7 B 10.00%
Weighting of Top 10 83.68% 40.2% 100.0% 57.35%

Top 10 Holdings

  1. T. Rowe Price Value Z 20.26%
  2. T. Rowe Price Growth Stock Z 18.88%
  3. T. Rowe Price Equity Index 500 Z 8.90%
  4. T. Rowe Price International Value Eq Z 7.44%
  5. T. Rowe Price Overseas Stock Z 7.21%
  6. T. Rowe Price International Stock Z 6.90%
  7. T. Rowe Price Mid-Cap Value Z 3.80%
  8. T. Rowe Price Mid-Cap Growth Z 3.76%
  9. T. Rowe Price Emerging Markets Stock Z 3.76%
  10. T. Rowe Price Small-Cap Stock Z 2.77%

Asset Allocation

Weighting Return Low Return High PARLX % Rank
Stocks 		89.70% 67.36% 97.94% 23.75%
Bonds 		4.03% -20.24% 93.88% 88.33%
Cash 		3.98% -79.36% 51.83% 37.50%
Other 		2.24% -2.77% 20.16% 15.83%
Convertible Bonds 		0.03% 0.00% 1.46% 92.50%
Preferred Stocks 		0.02% 0.00% 0.38% 51.25%

Stock Sector Breakdown

Weighting Return Low Return High PARLX % Rank
Technology 		18.65% 14.78% 21.12% 54.58%
Financial Services 		16.04% 12.67% 18.76% 28.33%
Healthcare 		13.25% 8.74% 14.89% 17.50%
Consumer Cyclical 		12.73% 8.60% 15.07% 27.08%
Communication Services 		11.14% 6.94% 11.20% 2.92%
Industrials 		10.65% 9.44% 14.78% 65.42%
Basic Materials 		4.75% 2.92% 5.90% 52.50%
Consumer Defense 		4.29% 4.26% 11.28% 98.33%
Real Estate 		3.58% 1.83% 9.31% 50.83%
Utilities 		2.46% 0.40% 6.17% 57.92%
Energy 		2.46% 1.87% 4.03% 89.17%

Stock Geographic Breakdown

Weighting Return Low Return High PARLX % Rank
US 		58.47% 31.95% 69.35% 27.50%
Non US 		31.23% 17.53% 45.34% 55.00%

Bond Sector Breakdown

Weighting Return Low Return High PARLX % Rank
Cash & Equivalents 		50.61% 1.57% 70.59% 10.00%
Government 		29.26% 0.00% 65.62% 46.67%
Corporate 		11.45% 0.78% 65.24% 85.42%
Securitized 		8.53% 0.00% 30.80% 66.25%
Derivative 		0.08% 0.00% 39.72% 54.17%
Municipal 		0.07% 0.00% 20.00% 62.50%

Bond Geographic Breakdown

Weighting Return Low Return High PARLX % Rank
US 		2.90% -0.26% 61.41% 95.00%
Non US 		1.13% -57.97% 32.47% 52.50%

PARLX - Expenses

Operational Fees

PARLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.87% 0.06% 1.87% 27.62%
Management Fee 0.62% 0.00% 0.90% 93.24%
12b-1 Fee 0.25% 0.00% 1.00% 43.80%
Administrative Fee 0.15% 0.01% 0.30% 59.18%

Sales Fees

PARLX 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

PARLX 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.

PARLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.80% 3.00% 101.00% 35.51%

PARLX - Distributions

Dividend Yield Analysis

PARLX Category Low Category High PARLX % Rank
Dividend Yield 0.55% 0.00% 0.14% 51.67%

Dividend Distribution Analysis

PARLX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Monthly Annually

Net Income Ratio Analysis

PARLX Category Low Category High PARLX % Rank
Net Income Ratio 0.25% -0.25% 6.89% 97.07%

Capital Gain Distribution Analysis

PARLX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Dividend Payout History

View More +

PARLX - Fund Manager Analysis

Managers

Wyatt Lee

Start Date

Tenure

Tenure Rank

Aug 01, 2015

5.92

5.9%

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.

Kimberly DeDominicis

Start Date

Tenure

Tenure Rank

Oct 01, 2019

1.75

1.8%

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

1.5

1.5%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 16.67 4.97 1.5

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.