PARKX – T. Rowe Price Retirement 2035 Advisor Investment Strategy | Morningstar

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Strategy

The investment seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund pursues its objective(s) by investing in a diversified portfolio of other T. Rowe Price equity and fixed income mutual funds that represent various asset classes and sectors. The fund’s allocations among underlying T. Rowe Price mutual funds will change over time in relation to the fund’s target retirement date. The fund is managed based on the specific retirement year (target date 2035) included in its name and assumes a retirement age of 65.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
TRRJX	T. Rowe Price Retirement 2035 Fund	No Load	Open			Feb 27, 2004	$7.55B	0.580%	Average	$2,500	−$1.70B
PARKX	T. Rowe Price Retirement 2035 Fund Advisor Class	No Load	Open			May 31, 2007	$992.15M	0.830%	High	$2,500	−$162.69M
TRFJX	T. Rowe Price Retirement 2035 Fund I Class	Institutional	Open			Nov 13, 2023	$13.99B	0.410%	Average	$500,000	−$1.21B
RRTPX	T. Rowe Price Retirement 2035 Fund Class R	Retirement, Medium	Open			May 31, 2007	$1.07B	1.080%	Above Average	$2,500	−$75.64M

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