Target Allocation Blend — Balanced

Target AllocationTarget Allocation Blend

60% Equity / 38% Fixed Income · Blend implementation · Last reviewed 2026-06-12

Ask T. Rowe Price
ActiveConstruction v8Jan 2016Jul 2026Benchmark: Blended Global 60/40 Index

AI insights

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

YTD return

+1.7%

Benchmark +2.0%

1 year

+4.0%

Excess -0.2 pts

Since inception

3.6%

Annualized

Net expense

0.28%

Weighted across 8 sleeves

Growth of a hypothetical investment

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

-5.5%+8.7%+23.0%+37.3%+51.6%201620182020202220242026
Model Benchmark

Jul 2026 Model +45.4% · Benchmark +37.7%

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

Calendar year returns

Model versus benchmark, by year

2017+5.5
2018+5.2
2019+6.0
2020+1.6
2021+7.2
2022-14.7
2023+12.4
2024+7.7
2025-0.5
2026+1.7
Model Benchmark

Best year 2023 (12.4%) · Weakest year 2022 (-14.7%)

Trailing returns

Annualized beyond one year

PeriodModelBenchExcess
1M+0.9%+0.7%+0.2%
3M+0.3%+0.3%-0.0%
YTD+1.7%+2.0%-0.3%
1Y+4.0%+4.3%-0.2%
3Y+4.1%+3.4%+0.7%
5Y+1.4%+0.8%+0.5%
Since inception+3.6%+3.1%+0.5%