T. Rowe Price Retirement 2045 Fund (TRRKX)

15.63
Net Asset Value
+1.10%
1 Day
+0.13%
Year-to-Date
Overall Morningstar Rating
Target date 2041-2045
Style or Category
No Load
Sales Expenses
0.76%
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 2045) included in its name and assumes a retirement age of 65. While the fund is non-diversified, it invests in diversified underlying holdings.

Performance

1 month-5.73% 3 years+14.89%
3 months-4.64% 5 years+11.32%
1 year+5.09% Since inception+7.74%
Data through --

Peer Comparisonvs. Target date 2041-2045

 TRRKXCategory
Performance 5-yr return+11.32%+11.10%
Expense ratio0.76%1.01%
Risk 5 year sharpe ratio0.940.86
Net assets$6.5B$904.0M
Average market cap$29.3B$33.0B
Average P/E19.618.3
Portfolio turnover15%15%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyT. Rowe Price
Fund manager & tenureJerome Clark / 9 Years
Minimal initial investment$2,500.00
Minimum IRA investment$1,000.00

Holdings

U.S. stock57.72%
International stock29.57%
Fixed income9.54%
Cash2.88%
Other0.29%
Top 5 Sectors
Portfolio weighting
Financial service 17.44%
Industrial materials 15.52%
Energy 11.15%
Consumer service 9.39%
Telecommunication 8.16%
Top 10 Holdings
Portfolio weighting
PRGFX T. Rowe Price Growth Stock21.69%
TRVLX T. Rowe Price Value20.35%
TRIGX T. Rowe Price Intl Gr & Inc7.99%
PREIX T. Rowe Price Equity Index 5007.40%
TROSX T. Rowe Price Overseas Stock7.26%
PRITX T. Rowe Price International Stock Fd6.83%
PRCIX T. Rowe Price New Income6.23%
PRMSX T. Rowe Price Emerging Markets Stock4.63%
PRAFX T. Rowe Price Real Assets3.67%
TRMCX T. Rowe Price Mid-Cap Value3.27%

To view my watchlist

Not a member yet?

Sign up now for a free account
Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.