T. Rowe Price Retirement 2020 Fund Class R (RRTBX)

20.36
Net Asset Value
+0.74%
1 Day
+1.19%
Year-to-Date
Overall Morningstar Rating
Target date 2016-2020
Style or Category
No Load
Sales Expenses
1.19%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. Its allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date. The fund is managed based on the specific retirement year (target date 2020) included in its name and assumes a retirement age of 65. It normally invests 67% in stocks and 33% in bonds. While the fund is non-diversified, it invests in diversified underlying holdings.

Performance

1 month+0.74% 3 years+8.61%
3 months+0.84% 5 years+14.92%
1 year+12.64% Since inception+7.30%
Data through --

Peer Comparisonvs. Target date 2016-2020

 RRTBXCategory
Performance 5-yr return+14.92%+13.86%
Expense ratio1.19%1.01%
Risk 5 year sharpe ratio1.321.37
Net assets$21.7B$2.2B
Average market cap$31.5B$37.3B
Average P/E18.617.6
Portfolio turnover14%14%

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Fund Management and Purchase Info

Fund familyT. Rowe Price
Fund manager & tenureJerome Clark / 11 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock44.83%
Fixed income29.90%
International stock21.88%
Cash3.13%
Other0.25%
Top 5 Sectors
Portfolio weighting
Financial service 17.62%
Industrial materials 15.38%
Energy 11.20%
Consumer service 9.06%
Healthcare 8.54%
Top 10 Holdings
Portfolio weighting
PRCIX T. Rowe Price New Income17.82%
PREIX T. Rowe Price Equity Index 50017.75%
PRGFX T. Rowe Price Growth Stock10.95%
TRVLX T. Rowe Price Value9.14%
TRIGX T. Rowe Price Intl Gr & Inc5.99%
TROSX T. Rowe Price Overseas Stock5.43%
PRITX T. Rowe Price International Stock Fd5.36%
-- T. Rowe Price Inflation Focused Bond4.87%
PRHYX T. Rowe Price High-Yield3.56%
PRMSX T. Rowe Price Emerging Markets Stock3.36%

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