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Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

T. Rowe Price Retirement Balanced Fund

TRRIX | Fund

$13.27

$1.93 B

1.07%

$0.14

0.49%

Vitals

YTD Return

-12.5%

1 yr return

-6.0%

3 Yr Avg Return

6.1%

5 Yr Avg Return

5.2%

Net Assets

$1.93 B

Holdings in Top 10

76.8%

52 WEEK LOW AND HIGH

$13.2
$13.05
$17.18

Expenses

OPERATING FEES

Expense Ratio 0.49%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 35.40%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,500

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Allocation--30% to 50% Equity

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

T. Rowe Price Retirement Balanced Fund

TRRIX | Fund

$13.27

$1.93 B

1.07%

$0.14

0.49%

TRRIX - Profile

Distributions

  • YTD Total Return -12.5%
  • 3 Yr Annualized Total Return 6.1%
  • 5 Yr Annualized Total Return 5.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.12%
DIVIDENDS
  • Dividend Yield 1.1%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    T. Rowe Price Retirement Balanced Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Sep 30, 2002
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Wyatt Lee

Fund Description

The fund invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. It is intended for retired investors who seek income and relative stability from bonds along with some capital appreciation potential from stocks. The fund's "neutral allocations," which are what T. Rowe Price considers broadly appropriate for investors during their retirement years, are 40% stock funds and 60% bond funds.

TRRIX - Performance

Return Ranking - Trailing

Period TRRIX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.5% -27.5% 11.6% 33.63%
1 Yr -6.0% -15.9% 9.8% 39.91%
3 Yr 6.1%* -1.9% 16.2% 25.99%
5 Yr 5.2%* -0.1% 13.4% 23.46%
10 Yr 5.7%* 2.3% 8.1% 37.33%

* Annualized

Return Ranking - Calendar

Period TRRIX Return Category Return Low Category Return High Rank in Category (%)
2021 -3.9% -11.5% 14.6% 98.86%
2020 1.8% -10.3% 40.7% 77.00%
2019 11.4% -9.5% 22.1% 29.63%
2018 -9.6% -21.7% -3.5% 63.27%
2017 5.0% -4.7% 13.7% 64.61%

Total Return Ranking - Trailing

Period TRRIX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.5% -27.5% 11.6% 32.31%
1 Yr -6.0% -15.9% 51.9% 39.36%
3 Yr 6.1%* -3.1% 16.2% 25.82%
5 Yr 5.2%* -0.5% 13.4% 23.41%
10 Yr 5.7%* 2.3% 8.1% 37.77%

* Annualized

Total Return Ranking - Calendar

Period TRRIX Return Category Return Low Category Return High Rank in Category (%)
2021 -3.9% -11.5% 31.5% 98.86%
2020 1.8% -10.3% 40.7% 77.00%
2019 11.4% -9.5% 22.1% 30.12%
2018 -9.6% -21.7% -2.0% 88.27%
2017 5.0% -4.7% 16.6% 88.20%

NAV & Total Return History

TRRIX - Holdings

Concentration Analysis

TRRIX Category Low Category High TRRIX % Rank
Net Assets 1.93 B 130 K 62.8 B 23.31%
Number of Holdings 27 3 25236 55.78%
Net Assets in Top 10 1.59 B 3.05 K 11 B 11.95%
Weighting of Top 10 76.75% 6.3% 100.0% 42.54%

Top 10 Holdings

  1. T. Rowe Price Ltd Dur Infl Focus Bd Z 21.13%
  2. T. Rowe Price New Income Z 16.16%
  3. T. Rowe Price Value Z 7.27%
  4. T. Rowe Price Growth Stock Z 5.91%
  5. T. Rowe Price Equity Index 500 Z 5.90%
  6. T. Rowe Price Intl Bd (USD Hdgd) Z 5.59%
  7. T. Rowe Price Dynamic Global Bond Z 4.27%
  8. T. Rowe Price Emerging Markets Bond Z 3.87%
  9. T. Rowe Price High Yield Z 3.59%
  10. T. Rowe Price International Value Eq Z 3.07%

Asset Allocation

Weighting Return Low Return High TRRIX % Rank
Bonds 		55.39% 11.31% 94.75% 35.79%
Stocks 		37.83% 0.00% 62.91% 55.27%
Cash 		6.29% -35.68% 69.40% 33.27%
Convertible Bonds 		0.34% 0.00% 71.77% 86.65%
Preferred Stocks 		0.12% -0.03% 39.31% 57.97%
Other 		0.04% -9.78% 21.77% 51.99%

Stock Sector Breakdown

Weighting Return Low Return High TRRIX % Rank
Technology 		19.54% 0.00% 30.37% 30.38%
Financial Services 		14.53% 0.00% 83.50% 52.52%
Healthcare 		13.44% 0.00% 32.16% 43.46%
Consumer Cyclical 		12.71% 0.00% 15.36% 2.62%
Industrials 		9.93% 0.00% 26.64% 56.14%
Communication Services 		9.78% 0.00% 20.68% 5.43%
Basic Materials 		5.00% 0.00% 32.82% 23.74%
Consumer Defense 		4.92% 0.00% 51.19% 88.93%
Real Estate 		4.24% 0.00% 99.41% 58.95%
Utilities 		3.37% 0.00% 48.33% 49.50%
Energy 		2.55% 0.00% 62.93% 87.73%

Stock Geographic Breakdown

Weighting Return Low Return High TRRIX % Rank
US 		25.37% 0.00% 52.50% 58.76%
Non US 		12.46% -0.01% 25.18% 25.10%

Bond Sector Breakdown

Weighting Return Low Return High TRRIX % Rank
Government 		55.12% 0.00% 94.29% 4.18%
Corporate 		19.25% 0.00% 96.66% 90.04%
Cash & Equivalents 		15.13% 0.15% 71.66% 17.93%
Securitized 		10.25% 0.00% 52.08% 69.92%
Municipal 		0.23% 0.00% 99.85% 57.57%
Derivative 		0.02% 0.00% 27.44% 60.56%

Bond Geographic Breakdown

Weighting Return Low Return High TRRIX % Rank
US 		41.05% 9.98% 83.14% 64.34%
Non US 		14.34% 0.00% 30.21% 19.72%

TRRIX - Expenses

Operational Fees

TRRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.49% 0.03% 3.70% 88.36%
Management Fee 0.49% 0.00% 1.25% 69.65%
12b-1 Fee N/A 0.00% 1.00% 14.94%
Administrative Fee 0.15% 0.01% 0.70% 83.93%

Sales Fees

TRRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

TRRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

TRRIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 35.40% 2.00% 380.00% 58.13%

TRRIX - Distributions

Dividend Yield Analysis

TRRIX Category Low Category High TRRIX % Rank
Dividend Yield 1.07% 0.00% 6.68% 21.85%

Dividend Distribution Analysis

TRRIX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Quarterly

Net Income Ratio Analysis

TRRIX Category Low Category High TRRIX % Rank
Net Income Ratio 1.12% -1.22% 6.83% 81.37%

Capital Gain Distribution Analysis

TRRIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

TRRIX - Fund Manager Analysis

Managers

Wyatt Lee

Start Date

Tenure

Tenure Rank

Aug 01, 2015

6.84

6.8%

Wyatt Lee, CFA is a Vice President and Portfolio Manager at T. Rowe Price. Mr. Lee became chairman of the committee in 2011. He joined the Firm in 1999 and his investment experience dates from 1997.

Kimberly DeDominicis

Start Date

Tenure

Tenure Rank

Oct 01, 2019

2.67

2.7%

Ms. DeDominicis originally joined T. Rowe Price in 1998 and returned to the Firm in 2003. Her investment experience dates from 1999. Ms. DeDominicis has served as an associate portfolio manager for the target date strategies during the past five years.

Andrew Jacobs van Merlen

Start Date

Tenure

Tenure Rank

Jan 01, 2020

2.41

2.4%

Andrew Jacobs van Merlen is a Vice President of T. Rowe Price Group. Mr. Jacobs van Merlen earned a BS in finance from the University of Maryland and an MBA in sustainable business from the University of Cambridge. He also has earned the Chartered Financial Analyst designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 28.73 6.44 2.41

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