T. Rowe Price Retirement 2055 Fund
RRTVX
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
- May 31, 2007
- CIK
- 0001177017
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Retirement 2055 Fund (RRTVX) is an actively managed target-date mutual fund that seeks the highest total return over time, consistent with an emphasis on both capital growth and income, through investments in a diversified portfolio of underlying T. Rowe Price equity and fixed income funds representing various asset classes and sectors; its allocation shifts over time toward a more conservative mix as it approaches and passes the 2055 target retirement date, maintaining substantial equity exposure both before and after to balance growth, income, longevity, and inflation risks. Core holdings include T. Rowe Price Growth Stock Fund Z Class, Value Fund Z Class, Equity Index 500 Fund Z Class, U.S. Large-Cap Core Fund Z Class, and International Value Equity Fund Z Class, comprising approximately 59% of the portfolio; the fund features roughly 65% U.S. stocks, 32% non-U.S. stocks, minimal bonds and cash, and sector emphases in technology, financial services, industrials, consumer cyclical, and healthcare. Launched on May 31, 2007, the R Class share has a net expense ratio of 1.13%, minimum initial investment of $2,500, and is available primarily to U.S. investors through retirement plans and individual accounts. The fund operates as part of T. Rowe Price Group, Inc., a global investment management firm founded in 1937 and headquartered in Baltimore, Maryland, with operations serving clients in over 50 countries through 17 international offices. In recent strategic developments, T. Rowe Price Group announced a major collaboration with Goldman Sachs in September 2025, under which Goldman Sachs committed up to $1 billion in open-market purchases of T. Rowe Price common stock to support expanded access to public and private market portfolios for retirement and wealth investors; this includes co-branded target-date strategies incorporating private markets via T. Rowe Price, Goldman Sachs, and Oak Hill Advisors (OHA), new model portfolios blending SMAs, ETFs, mutual funds, and private vehicles for mass-affluent and high-net-worth clients, and multi-asset offerings in private equity, credit, and infrastructure. Additionally, in December 2025, T. Rowe Price expanded its relationship with Charles River Development by migrating to the SaaS-deployed Charles River IMS for multi-asset investment management to enhance operational efficiency and innovation. The firm also launched four new active fixed income ETFs in November 2025, including short-term, long-term, and high-yield municipal bond funds plus the multi-sector T. Rowe Price Multi-Sector Income ETF (TMSF), broadening its core fixed income lineup amid ongoing product diversification efforts.