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.

YTD return

+2.3%

Benchmark +1.8%

1 year

+4.1%

Excess 0.8 pts

Since inception

2.1%

Annualized

Net expense

0.34%

Weighted across 9 sleeves

Growth of a hypothetical investment

30% Equity / 66% Fixed Income vs Diversified Income Composite

-3.3%+5.3%+13.9%+22.5%+31.1%201620182020202220242026
Model Benchmark

Jul 2026 Model +24.8% · Benchmark +17.7%

Simulated results for illustration only. Past performance is not indicative of future results.

Calendar year returns

Model versus benchmark, by year

2017+3.4
2018+5.3
2019+6.2
2020+1.0
2021+3.9
2022-13.0
2023+7.0
2024+2.0
2025+0.6
2026+2.3
Model Benchmark

Best year 2023 (7.0%) · Weakest year 2022 (-13.0%)

Trailing returns

Annualized beyond one year

PeriodModelBenchExcess
1M-0.3%-0.4%+0.1%
3M-0.0%-0.2%+0.2%
YTD+2.3%+1.8%+0.5%
1Y+4.1%+3.3%+0.8%
3Y+2.3%+1.9%+0.4%
5Y-0.0%-0.5%+0.5%
Since inception+2.1%+1.6%+0.6%