T. Rowe Price Retirement 2005 Fund
TRRFX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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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
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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
- Mar 1, 2004
- CIK
- 0001177017
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Retirement 2005 Fund (TRRFX) is a target-date mutual fund managed by T. Rowe Price Group, Inc., offering a professionally managed portfolio that gradually shifts from growth-oriented investments to income-focused assets as the target retirement year of 2005 approaches and passes. The fund provides retirement savings solutions through a diversified mix of T. Rowe Price equity, bond, and money market funds, including U.S. and international stocks, fixed income securities, and short-term instruments; it employs a glide path strategy that reduces equity exposure over time while incorporating inflation-protected bonds and alternative assets for risk mitigation. Targeted at investors nearing or in retirement, the fund operates primarily in the United States with global investment exposure through underlying funds, and T. Rowe Price Group, founded in 1937, is headquartered in Baltimore, Maryland. The fund's core holdings encompass T. Rowe Price Growth Stock Fund, Blue Chip Growth Fund, Overseas Stock Fund, Spectrum Income Fund, and New Income Fund, among others, delivering a balanced allocation that as of recent reports stands at approximately 30% equities, 55% bonds, and 15% short-term reserves to prioritize capital preservation and income generation for retirees. T. Rowe Price Retirement 2005 Fund maintains low expense ratios typical of the firm's offerings, with automatic rebalancing and no-load share classes available through retirement plans, broker-dealers, and individual accounts. Geographically, while domiciled and primarily marketed in the U.S., its underlying portfolios invest worldwide across developed and emerging markets.