Does Orange Dexcool Turn Red/Pinkish? S550 Mustang

[KM5.0]

Probably a dumb question to ask but I just want to be sure.

Did anyone else get Red/Pinkish coolant in their Mustang? Was gonna top off my coolant in my S550 and it appears red in the reservoir and pinkish when I pull some out.
I've heard the Orange Dexcool turns pink overtime, is this true?

Thanks for any info.