Retirement Income — Income & Growth

IncomeIncome Models

50% Equity / 43% Fixed Income · Hybrid implementation · Last reviewed 2026-01-13

Ask T. Rowe Price
ActiveConstruction v20Jan 2016Jul 2026Benchmark: Diversified Income Composite

AI insights

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

Track record

Cumulative return · simulated

-15.6%-9.8%-4.1%+1.6%+7.4%202120222023202420252026
Model Benchmark

Jul 2026 Model -1.3% · Benchmark -4.4%

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

Returns vs benchmark

Total return · Diversified Income Composite

PeriodModelBenchExcess
1M+0.5%+0.5%+0.0%
3M-0.1%-0.1%-0.0%
YTD-0.4%-0.1%-0.3%
1Y+3.1%+3.2%-0.1%
3Y+3.2%+2.8%+0.4%
5Y-0.3%-0.9%+0.6%
Since inception+1.3%+0.9%+0.4%

Periods longer than one year are annualized.

About this model

Mandate, construction rules, and review policy

Objective
Seeks a durable income stream with moderated drawdown for investors in or near the distribution phase.
Purpose
Retirement distribution
Characteristics
Hybrid implementationTaxable fixed income coreIncome & Growth risk postureQuarterly rebalance review
Inception
2017-04-01
Net expense
0.37%
Estimated yield
2.40%
Turnover
30.6%

Asset class allocation

Across all sleeves · 11 holdings

  • Equity50.0%
  • Fixed income43.0%
  • Alternatives5.0%
  • Cash2.0%
View construction

Computed from the latest published sleeve weights.

Recent materials

Model Viewpoints, Trade Updates, and Factsheets

  • Model Viewpoint — Retirement Income — Income & Growth

    Model Viewpoint · 2026-06-07

    PDF
  • Factsheet — Retirement Income — Income & Growth

    Factsheet · 2026-02-09

    PDF
  • Trade Update — Retirement Income — Income & Growth

    Trade Update · 2026-01-08

    PDF