Target Allocation Active — Balanced

Target AllocationTarget Allocation Active

60% Equity / 38% Fixed Income · Active implementation · Last reviewed 2026-05-14

Ask T. Rowe Price
ActiveConstruction v12Jan 2016Jul 2026Benchmark: Blended Global 60/40 Index

AI insights

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

YTD return

+4.5%

Benchmark +4.6%

1 year

+7.7%

Excess 0.5 pts

Since inception

2.7%

Annualized

Net expense

0.21%

Weighted across 8 sleeves

Growth of a hypothetical investment

60% Equity / 38% Fixed Income vs Blended Global 60/40 Index

-4.3%+6.0%+16.2%+26.5%+36.8%201620182020202220242026
Model Benchmark

Jul 2026 Model +32.8% · Benchmark +29.2%

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

Calendar year returns

Model versus benchmark, by year

2017-1.8
2018+4.6
2019+9.1
2020+5.0
2021+2.0
2022-16.8
2023+11.0
2024+5.6
2025+1.2
2026+4.5
Model Benchmark

Best year 2023 (11.0%) · Weakest year 2022 (-16.8%)

Trailing returns

Annualized beyond one year

PeriodModelBenchExcess
1M+1.9%+1.6%+0.3%
3M+1.7%+1.6%+0.1%
YTD+4.5%+4.6%-0.1%
1Y+7.7%+7.2%+0.5%
3Y+6.1%+5.7%+0.4%
5Y+0.5%+0.5%-0.0%
Since inception+2.7%+2.5%+0.3%