T. Rowe Price Retirement Balanced Fund (TRRIX)

Net Asset Value
1 Day
Overall Morningstar Rating
Allocation--30% to 50% equity
Style or Category
No Load
Sales Expenses
Expense Ratio
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. 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. While the fund is non-diversified- it invests in diversified underlying holdings.


1 month+0.49% 3 years+4.61%
3 months+0.27% 5 years+5.51%
1 year+5.19% Since inception+6.28%
Data through --

Peer Comparisonvs. Allocation--30% to 50% equity

Performance 5-yr return+5.51%+4.65%
Expense ratio0.56%1.15%
Risk 5 year sharpe ratio0.970.85
Net assets$2.4B$2.0B
Average market cap$42.2B$63.4B
Average P/E18.418.0
Portfolio turnover12%12%

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Fund Management and Purchase Info

Fund familyT. Rowe Price
Fund manager & tenureJerome Clark / 15 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00


Fixed income60.47%
U.S. stock24.24%
International stock12.55%
Top 5 Sectors
Portfolio weighting
Financial service 18.04%
Industrial materials 14.95%
Energy 11.36%
Healthcare 9.75%
Consumer goods 8.72%
Top 10 Holdings
Portfolio weighting
TRBFX T. Rowe Price Limited Duration Inflation Focused Bond Fund30.51%
PREIX T. Rowe Price Equity Index 500 Fund17.99%
PRCIX T. Rowe Price New Income Fund16.12%
TROSX T. Rowe Price Overseas Stock Fund3.62%
TRIGX T. Rowe Price International Value Equity Fund3.55%
PREMX T. Rowe Price Emerging Markets Bond Fund3.26%
PRITX T. Rowe Price International Stock Fund3.13%
RPIEX T. Rowe Price Dynamic Global Bond Fund Investor Class3.10%
TNIBX T. Rowe Price International Bond Fund (USD Hedged)2.93%
PRULX T. Rowe Price U.S. Treasury Long-Term Fund2.58%