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Dividend Vision

PARBX — T. Rowe Price Retirement 2020 Advisor

T. Rowe Price Retirement 2020 Advisor (PARBX)

PARBX pays a 0.03% distribution rate, on a 0.76% expense ratio. Its Distribution Safety Score™ is 30 (Elevated risk), giving a Safety-Adjusted Yield of 0.01%. Total return is 916.5% over the past 22.7 years, 91.1 points behind SPY at 1007.6%. Its deepest 1-year drawdown was 5.6%.

T. Rowe Price Retirement 2020 Advisor is a mutual fund that invests in a diversified portfolio of other T. Rowe Price equity and fixed income mutual funds, with asset allocations designed for investors targeting retirement around 2020 and automatically adjusted over time based on that target date. The fund carries a moderate expense ratio and currently distributes at a meaningful rate. The fund appeals to investors seeking a simplified, all-in-one diversified portfolio aligned with a specific retirement timeline.

PARBX key facts

Distribution Safety Score™
30 · Elevated risk
Safety-Adjusted Yield
0.01%
Issuer
T. Rowe Price
Asset type
Mutual Fund
Asset class
Equity
Expense ratio
0.76%
Distribution rate
0.03%
Trailing yield
5.46%
Last close
$21.04
AUM
$20,914,833,408
Average volume
0.0
Last dividend
$1.1480
Ex-dividend date
12/19/2025
Payment date
12/22/2025
Beta
0.79
P/E ratio
23.4414