T. Rowe Price Retirement 2010 Fund Class R
RRTAX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 East Pratt Street Baltimore MD United States of America 21202
- IPO Date
- Oct 30, 2003
- CIK
- 0001177017
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Retirement 2010 Fund Class R (RRTAX) is an open-end mutual fund that seeks the highest total return over time consistent with an emphasis on both capital growth and income for investors targeting retirement around 2010; it invests in a diversified portfolio of underlying T. Rowe Price equity, fixed income, and multi-asset funds representing various asset classes, sectors, and regions, with allocations that glide over time in relation to the target date. Core holdings include T. Rowe Price Limited Duration Inflation Focused Bond Fund Z Class, New Income Fund Z Class, Value Fund Z Class, Growth Stock Fund Z Class, and International Bond Fund (USD Hedged) Z Class, comprising approximately 49% of the portfolio; asset allocation features US bonds (38%), US stocks (30%), non-US stocks (13%), non-US bonds (11%), and cash (6%), with sector emphases in technology, financial services, and healthcare. The fund, launched on October 31, 2003, maintains a net expense ratio of 0.99%, total net assets of $3.33 billion, and is available to US investors with a $2,500 minimum initial investment. Part of T. Rowe Price Group's Retirement Funds series, RRTAX operates within the Target-Date 2000-2010 Morningstar category and follows an enhanced glide path implemented starting in 2020, which raised early-stage equity allocation to 98% from 90%, held it longer, and adjusted post-retirement allocations to approximately 55% equities at the target date declining to 20% about 30 years later to support long-term income needs amid volatility. T. Rowe Price Group, Inc., the fund's investment manager founded in 1937 and headquartered in Baltimore, Maryland, provides these funds alongside a broad suite of mutual funds, managed accounts, retirement plan services, and subadvisory offerings to individual, institutional, and intermediary clients globally across 17 offices in 55 countries. Recent developments for T. Rowe Price Group include the January 2025 acquisition of Oak Hill Advisors for $7.5 billion (74% cash, 26% stock plus milestones), integrating $53 billion in private credit assets into its private markets platform to expand alternative strategies for wealth and retail clients; a strategic partnership with OHA and Aspida announced in February 2025 to manage public/private assets and develop insurance-linked products; and December 2025 launch of four co-branded model portfolios with Goldman Sachs Asset Management using T. Rowe Price funds and ETFs for mass affluent and high-net-worth investors, with a fifth direct indexing model planned for 2026. These moves reflect T. Rowe Price's focus on inorganic growth in private markets and collaborative retail offerings amid ongoing glide path optimizations for its Retirement series, including RRTAX, with no fund-specific restructurings reported. The firm serves primarily US markets but extends globally through its international presence.