Retirement Income — Growth of Income

IncomeIncome Models

60% Equity / 34% Fixed Income · Hybrid implementation · Last reviewed 2026-02-14

Ask T. Rowe Price
ActiveConstruction v12Jan 2016Jul 2026Benchmark: Diversified Income Composite

AI insights

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

Track record

Cumulative return · simulated

-7.3%-0.4%+6.6%+13.5%+20.5%202120222023202420252026
Model Benchmark

Jul 2026 Model +17.8% · Benchmark +16.0%

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

Returns vs benchmark

Total return · Diversified Income Composite

PeriodModelBenchExcess
1M+0.6%+0.4%+0.2%
3M+1.2%+0.8%+0.4%
YTD+3.9%+3.4%+0.5%
1Y+6.1%+5.6%+0.6%
3Y+5.3%+5.4%-0.1%
5Y+3.3%+3.0%+0.3%
Since inception+3.3%+2.9%+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 coreGrowth of Income risk postureQuarterly rebalance review
Inception
2018-05-01
Net expense
0.27%
Estimated yield
2.14%
Turnover
43.9%

Asset class allocation

Across all sleeves · 10 holdings

  • Equity60.0%
  • Fixed income34.0%
  • Alternatives4.0%
  • Cash2.0%
View construction

Computed from the latest published sleeve weights.

Recent materials

Model Viewpoints, Trade Updates, and Factsheets

  • Factsheet — Retirement Income — Growth of Income

    Factsheet · 2026-03-12

    PDF
  • Trade Update — Retirement Income — Growth of Income

    Trade Update · 2026-02-11

    PDF
  • Model Viewpoint — Retirement Income — Growth of Income

    Model Viewpoint · 2026-01-10

    PDF