Dynamic Allocation — Balanced

DynamicDynamic Allocation

55% Equity / 37% Fixed Income · Blend ETF implementation · Last reviewed 2026-06-15

Ask T. Rowe Price
ActiveConstruction v15Jan 2016Jul 2026Benchmark: Tactical Allocation Composite

AI insights

Generate a briefing on positioning, performance, and risk for Dynamic Allocation — Balanced.

Track record

Cumulative return · simulated

-14.9%-9.8%-4.7%+0.4%+5.5%202120222023202420252026
Model Benchmark

Jul 2026 Model -4.9% · Benchmark -7.3%

Past performance is not indicative of future results. Figures are simulated for prototype purposes.

Returns vs benchmark

Total return · Tactical Allocation Composite

PeriodModelBenchExcess
1M+0.8%+1.0%-0.1%
3M+1.3%+1.6%-0.2%
YTD+5.1%+4.9%+0.2%
1Y+4.8%+4.5%+0.3%
3Y+1.8%+1.5%+0.4%
5Y-1.0%-1.5%+0.5%
Since inception+1.5%+0.9%+0.6%

Periods longer than one year are annualized.

About this model

Mandate, construction rules, and review policy

Objective
Seeks to add value over a strategic benchmark through tactical shifts across asset classes and sub-sectors.
Purpose
Tactically managed core
Characteristics
Blend ETF implementationTaxable fixed income coreBalanced risk postureQuarterly rebalance review
Inception
2019-06-01
Net expense
0.35%
Estimated yield
2.27%
Turnover
21.1%

Asset class allocation

Across all sleeves · 9 holdings

  • Equity55.0%
  • Fixed income37.0%
  • Alternatives6.0%
  • Cash2.0%
View construction

Computed from the latest published sleeve weights.

Recent materials

Model Viewpoints, Trade Updates, and Factsheets

  • Trade Update — Dynamic Allocation — Balanced

    Trade Update · 2026-06-14

    PDF
  • Model Viewpoint — Dynamic Allocation — Balanced

    Model Viewpoint · 2026-05-13

    PDF
  • Factsheet — Dynamic Allocation — Balanced

    Factsheet · 2026-01-15

    PDF