TRRKX: T. Rowe Price Retirement 2045 Fund - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$24.11

-

0.66%

$0.16

0.62%

Vitals

YTD Return

14.8%

1 yr return

30.4%

3 Yr Avg Return

15.3%

5 Yr Avg Return

14.7%

Net Assets

$9.72 B

Holdings in Top 10

83.7%

52 WEEK LOW AND HIGH

$24.31
$18.52
$24.65

Expenses

OPERATING FEES

Expense Ratio 0.62%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 21.80%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund

Investment Style

Target-Date 2045


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$24.11

-

0.66%

$0.16

0.62%

TRRKX - Profile

Distributions

  • YTD Total Return 14.8%
  • 3 Yr Annualized Total Return 15.3%
  • 5 Yr Annualized Total Return 14.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.51%
DIVIDENDS
  • Dividend Yield 0.7%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    T. Rowe Price Retirement 2045 Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    May 31, 2005
  • 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 mutual funds that represent various asset classes and sectors. Its allocation among T. Rowe Price mutual 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.


TRRKX - Performance

Return Ranking - Trailing

Period TRRKX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.8% 3.4% 16.2% 5.68%
1 Yr 30.4% 20.8% 31.0% 4.68%
3 Yr 15.3%* 9.9% 15.4% 1.34%
5 Yr 14.7%* 10.8% 14.8% 2.65%
10 Yr 12.7%* 9.1% 13.0% 4.80%

* Annualized

Return Ranking - Calendar

Period TRRKX Return Category Return Low Category Return High Rank in Category (%)
2020 13.4% 1.6% 15.5% 25.35%
2019 18.3% 5.3% 23.0% 46.97%
2018 -15.3% -27.7% -6.9% 57.80%
2017 18.2% -18.3% 20.0% 19.14%
2016 3.0% -4.8% 7.7% 73.43%

Total Return Ranking - Trailing

Period TRRKX Return Category Return Low Category Return High Rank in Category (%)
YTD 14.8% 3.4% 16.2% 5.68%
1 Yr 30.4% 15.0% 31.0% 5.07%
3 Yr 15.3%* 7.8% 15.4% 1.46%
5 Yr 14.7%* 9.7% 14.8% 2.86%
10 Yr 12.7%* 9.1% 13.0% 4.88%

* Annualized

Total Return Ranking - Calendar

Period TRRKX Return Category Return Low Category Return High Rank in Category (%)
2020 13.4% 1.6% 15.5% 25.35%
2019 18.3% 5.3% 23.0% 46.97%
2018 -15.3% -23.9% -5.5% 79.19%
2017 18.2% -18.3% 26.2% 66.05%
2016 3.0% -2.6% 12.3% 95.80%

NAV & Total Return History


TRRKX - Holdings

Concentration Analysis

TRRKX Category Low Category High TRRKX % Rank
Net Assets 9.72 B 433 K 43.8 B 9.09%
Number of Holdings 27 2 534 22.50%
Net Assets in Top 10 8.07 B 197 K 43.2 B 9.17%
Weighting of Top 10 83.68% 38.3% 100.0% 58.65%

Top 10 Holdings

  1. T. Rowe Price Value Z 20.26%
  2. T. Rowe Price Growth Stock Z 18.88%
  3. T. Rowe Price Equity Index 500 Z 8.90%
  4. T. Rowe Price International Value Eq Z 7.44%
  5. T. Rowe Price Overseas Stock Z 7.21%
  6. T. Rowe Price International Stock Z 6.90%
  7. T. Rowe Price Mid-Cap Value Z 3.80%
  8. T. Rowe Price Mid-Cap Growth Z 3.76%
  9. T. Rowe Price Emerging Markets Stock Z 3.76%
  10. T. Rowe Price Small-Cap Stock Z 2.77%

Asset Allocation

Weighting Return Low Return High TRRKX % Rank
Stocks
89.70% 64.89% 101.68% 25.00%
Bonds
4.03% 0.09% 70.15% 91.67%
Cash
3.98% -79.67% 27.69% 27.08%
Other
2.24% -2.78% 20.82% 15.00%
Convertible Bonds
0.03% 0.00% 1.43% 90.00%
Preferred Stocks
0.02% 0.00% 0.38% 50.42%

Stock Sector Breakdown

Weighting Return Low Return High TRRKX % Rank
Technology
18.65% 14.96% 22.41% 67.50%
Financial Services
16.04% 12.91% 18.39% 25.83%
Healthcare
13.25% 9.70% 14.89% 23.33%
Consumer Cyclical
12.73% 8.99% 15.07% 22.92%
Communication Services
11.14% 7.00% 11.20% 2.08%
Industrials
10.65% 9.55% 14.78% 62.50%
Basic Materials
4.75% 3.18% 5.69% 29.17%
Consumer Defense
4.29% 4.26% 10.93% 97.50%
Real Estate
3.58% 1.78% 9.61% 50.83%
Utilities
2.46% 0.40% 6.27% 51.25%
Energy
2.46% 1.75% 4.15% 85.00%

Stock Geographic Breakdown

Weighting Return Low Return High TRRKX % Rank
US
58.47% 30.69% 68.78% 30.83%
Non US
31.23% 18.25% 46.94% 54.58%

Bond Sector Breakdown

Weighting Return Low Return High TRRKX % Rank
Cash & Equivalents
50.61% 0.91% 66.76% 7.50%
Government
29.26% 0.09% 70.42% 42.50%
Corporate
11.45% 0.97% 65.02% 84.58%
Securitized
8.53% 0.00% 29.46% 68.33%
Derivative
0.08% 0.00% 33.66% 50.00%
Municipal
0.07% 0.00% 31.31% 59.58%

Bond Geographic Breakdown

Weighting Return Low Return High TRRKX % Rank
US
2.90% -0.23% 52.17% 94.17%
Non US
1.13% -29.37% 17.98% 54.58%

TRRKX - Expenses

Operational Fees

TRRKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.62% 0.06% 1.87% 51.45%
Management Fee 0.62% 0.00% 0.90% 92.41%
12b-1 Fee N/A 0.00% 1.00% 9.13%
Administrative Fee 0.15% 0.01% 0.30% 54.00%

Sales Fees

TRRKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

TRRKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

TRRKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.80% 0.40% 115.00% 33.48%

TRRKX - Distributions

Dividend Yield Analysis

TRRKX Category Low Category High TRRKX % Rank
Dividend Yield 0.66% 0.00% 0.14% 45.45%

Dividend Distribution Analysis

TRRKX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

TRRKX Category Low Category High TRRKX % Rank
Net Income Ratio 0.51% -0.25% 6.89% 91.71%

Capital Gain Distribution Analysis

TRRKX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

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TRRKX - Fund Manager Analysis

Managers

Wyatt Lee


Start Date

Tenure

Tenure Rank

Aug 01, 2015

6.09

6.1%

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

1.92

1.9%

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 van Merlen


Start Date

Tenure

Tenure Rank

Jan 01, 2020

1.67

1.7%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 16.84 4.98 1.67