Retirement Income — Conservative Income

IncomeIncome Models

30% Equity / 66% Fixed Income · Hybrid implementation · Last reviewed 2026-05-11

Ask T. Rowe Price
ActiveConstruction v19Jan 2016Jul 2026Benchmark: Diversified Income Composite

AI insights

Generate a briefing on positioning, performance, and risk for Retirement Income — Conservative Income.

Target allocation

Strategic weights at the asset class level

  • 30.0% Equity
  • 66.0% Fixed Income
  • 4.0% Cash

Construction rules

Income Models · Hybrid

  • Rebalance policy

    Reviewed quarterly by the Asset Allocation Committee, with drift bands of ±3% at the asset class level and ±1.5% at the sleeve level.

  • Implementation

    Actively managed T. Rowe Price strategies across every sleeve.

  • Tax treatment

    Taxable fixed income core; best suited to qualified or tax-deferred accounts.

  • Minimum

    $25,000 recommended account minimum for full replication.

Construction v19 · Last reviewed 2026-05-11

Sleeve weights

Underlying strategies and target weights

  • US Large-Cap Growth5.8%
  • US Large-Cap Value10.1%
  • US Equity Index4.7%
  • Small-Mid Cap Core9.4%
  • Core Investment-Grade Bond10.1%
  • Short Duration Income23.2%
  • Corporate Credit17.6%
  • Global Bond Ex-US15.1%
  • Government Money Market4.0%

Weights are targets and will drift with market movement between rebalances.