T. Rowe Price Retirement 2010 Fund (TRRAX)
| 18.78 Net Asset Value | -0.16% 1 Day | +5.39% Year-to-Date | Overall Morningstar Rating |
| Target date 2000-2010 Style or Category | No Load Sales Expenses | 0.60% Expense Ratio | High 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 2010) included in its name and assumes a retirement age of 65. It normally invests 49% in stocks and 51% in bonds. While the fund is non-diversified, it invests in diversified underlying holdings.
Performance
| 1 month | +0.11% | 3 years | +8.63% | |
| 3 months | +3.13% | 5 years | +10.94% | |
| 1 year | +11.27% | Since inception | +8.57% |
Data through --
Peer Comparisonvs. Target date 2000-2010
| TRRAX | Category | |
|---|---|---|
| Performance 5-yr return | +10.94% | +9.97% |
| Expense ratio | 0.60% | 0.91% |
| Risk 5 year sharpe ratio | 1.30 | 1.32 |
| Net assets | $6.5B | $907.0M |
| Average market cap | $35.4B | $34.8B |
| Average P/E | 18.0 | 17.8 |
| Portfolio turnover | 19% | 19% |
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Fund Management and Purchase Info
| Fund family | T. Rowe Price |
| Fund manager & tenure | Jerome Clark / 11 Years |
| Minimal initial investment | $2,500.00 |
| Minimum IRA investment | $1,000.00 |
Holdings
| Fixed income | 47.56% |
| U.S. stock | 32.62% |
| International stock | 15.35% |
| Cash | 4.25% |
| Other | 0.20% |
Top 5 SectorsPortfolio weighting
| Financial service | 17.93% |
| Industrial materials | 15.12% |
| Energy | 11.31% |
| Healthcare | 9.30% |
| Consumer service | 8.52% |
Top 10 HoldingsPortfolio weighting
| PREIX T. Rowe Price Equity Index 500 | 26.92% |
| PRCIX T. Rowe Price New Income | 24.85% |
| -- T. Rowe Price Inflation Focused Bond | 13.86% |
| PRHYX T. Rowe Price High-Yield | 4.60% |
| TRIGX T. Rowe Price Intl Gr & Inc | 4.36% |
| TROSX T. Rowe Price Overseas Stock | 3.95% |
| PRITX T. Rowe Price International Stock Fd | 3.87% |
| -- T. Rowe Price Emerging Markets Bond | 3.62% |
| RPIBX T. Rowe Price International Bond | 3.12% |
| PRMSX T. Rowe Price Emerging Markets Stock | 2.47% |
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