T. Rowe Price Retirement 2020 Fund Class R
RRTBX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
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 2020 Fund Class R (RRTBX) is a target-date mutual fund offered by T. Rowe Price Group, Inc., designed for investors planning to retire around 2020, featuring a glide path that gradually shifts from growth-oriented equities to income-focused fixed income over time to support long-term retirement withdrawals; the fund maintains a substantial equity allocation even post-target date for potential longevity risk mitigation. Core holdings include T. Rowe Price New Income Fund Z Class (approximately 14%), Limited Duration Inflation Focused Bond Fund Z Class (12%), Value Fund Z Class (7%), Growth Stock Fund Z Class (7%), and International Bond Fund (USD Hedged) Z Class (6%), with overall asset allocation comprising 34% U.S. stocks, 32% U.S. bonds, 15% non-U.S. stocks, 11% non-U.S. bonds, and 8% cash as of recent data; it invests across large-cap blend equities, mid-quality bonds with moderate interest-rate sensitivity, and diversified sectors like technology (13%), financial services (8%), and industrials (5%). The fund, launched on October 31, 2003, is managed by Wyatt Lee (since 2015), Kimberly DeDominicis (since 2019), and Andrew Jacobs van Merlen (since 2020), with total net assets of $13.92 billion, a share class size of $495 million, and a net expense ratio of 1.02%; minimum initial investment is $2,500 ($1,000 for IRAs), available to U.S. investors through daily pricing. T. Rowe Price Group, Inc., founded in 1937 and headquartered at 100 East Pratt Street in Baltimore, Maryland, operates globally with offices in 17 countries serving clients across 55 nations, managing over $1.6 trillion in assets focused on active investment management including U.S. and international equities, fixed income, multi-asset strategies, and retirement solutions. The Retirement 2020 Fund belongs to T. Rowe Price's Retirement Funds series, targeting individual and institutional retirement savers such as 401(k) participants and financial advisors, with geographic exposure spanning the United States (36%), Eurozone (4%), United Kingdom (2%), Japan (2%), and emerging Asia (2%). In recent developments, T. Rowe Price announced a strategic partnership with Goldman Sachs in September 2025, involving a $1 billion investment for a 3.5% stake to expand private-market access, including co-branded retirement funds blending public and private assets launching by mid-2026; additionally, the firm acquired Oak Hill Advisors in a $7.5 billion deal (74% cash, 26% stock plus $900 million in milestones starting 2025) to bolster private credit capabilities for wealth, retail, and institutional clients, building on its 2021 Oak Hill entry into alternatives. These moves reflect T. Rowe Price's inorganic growth strategy amid public market outflows, enhancing retirement product diversification without altering the core target-date fund glide path or operations.