T. Rowe Price Retirement 2010 Fund
PARAX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 East Pratt Street Baltimore MD United States of America 21202
- IPO Date
- Oct 30, 2003
- CIK
- 0001177017
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Retirement 2010 Fund (PARAX) is a target-date mutual fund managed by T. Rowe Price Group, Inc., a global investment management firm founded in 1937 and headquartered in Baltimore, Maryland. The fund provides a diversified portfolio of equity, fixed income, and short-term instruments designed for investors planning to retire around 2010, with a glide path that gradually shifts to a more conservative allocation over time; it invests primarily in other T. Rowe Price funds, including U.S. and international stocks, bonds, and multi-sector opportunities. T. Rowe Price Group operates worldwide, serving institutional and retail investors across North America, Europe, Asia, and other regions through a range of active and index-based mutual funds, retirement plans, and separately managed accounts. The fund's core holdings encompass underlying strategies such as the T. Rowe Price Equity Index 500 Fund, Overseas Stock Fund, Emerging Markets Stock Fund, International Bond Fund, U.S. Treasury Intermediate Fund, and Spectrum Income Fund, offering broad exposure to large-cap, mid-cap, and small-cap equities; developed and emerging international markets; investment-grade and high-yield bonds; and inflation-protected securities. It targets retirement savers seeking a "set-it-and-forget-it" vehicle with automatic risk reduction as the target date approaches and passes, emphasizing T. Rowe Price's proprietary research-driven approach to asset allocation. In recent years, T. Rowe Price has pursued strategic enhancements including the launch of new retirement target-date series enhancements in 2023-2024 to incorporate more sustainable investing options and improved fee structures; a major acquisition of Oakbrook Investments in 2023 to bolster small- and mid-cap capabilities integrated into retirement fund strategies; and ongoing partnerships with retirement plan providers like Fidelity and Vanguard for expanded 401(k) access. The firm also announced operational shifts in 2025 toward greater emphasis on alternative assets and private markets within target-date offerings amid market volatility. As part of T. Rowe Price Associates, Inc., the fund benefits from the parent's independent structure without a corporate parent, maintaining focus on long-term active management.