T. Rowe Price Target Retirement 2010 Fund
TRROX
NASDAQ- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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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
- Aug 22, 2013
- CIK
- 0001177017
- Website
- troweprice.com
- Similar Companies
- Business
- T. Rowe Price Target Retirement 2010 Fund (TRROX) is an actively managed open-end mutual fund that seeks the highest total return over time consistent with an emphasis on both capital growth and income. The fund invests in a diversified portfolio of other T. Rowe Price stock and bond mutual funds representing various asset classes and sectors, including equity funds such as T. Rowe Price Growth Stock Z, T. Rowe Price Value Z, and T. Rowe Price Hedged Equity Z; fixed income funds such as T. Rowe Price New Income Z, T. Rowe Price Ltd Dur Infl Focus Bd Z, T. Rowe Price Intl Bd (USD Hdgd) Z, T. Rowe Price Emerging Markets Bond Z, T. Rowe Price Dynamic Global Bond Z, and T. Rowe Price High Yield Z; and cash equivalents such as T. Rowe Price US Treasury Money Z. Its allocation glides toward a more conservative mix over time relative to its 2010 target retirement date, assuming retirement at age 65, with approximately 55% in stocks at the target date declining to 20% about 30 years post-target, balancing the remainder in bonds and cash. Launched in 2002 as part of T. Rowe Price Group, Inc.'s target-date series, the fund is headquartered in Baltimore, Maryland, and operates primarily in the United States, targeting retirement savers in defined contribution plans and individual retirement accounts who plan gradual post-retirement withdrawals. Top holdings as of late 2025 include T. Rowe Price Ltd Dur Infl Focus Bd Z (19.58%), T. Rowe Price New Income Z (18.51%), and T. Rowe Price Intl Bd (USD Hdgd) Z (6.96%), reflecting a current emphasis on fixed income amid its post-target conservative phase with roughly 36-38% US bonds, 30% US stocks, 13% non-US stocks, 11% non-US bonds, and 7% cash. In recent developments, Morningstar downgraded the fund's Medalist Rating to Neutral from Bronze in 2025, primarily due to a drop in its Process Pillar rating amid assessments of its investment process and portfolio construction. T. Rowe Price highlighted the active management outperformance of its Retirement Funds series, including those like TRROX, relative to passive portfolios through December 31, 2024, with ongoing portfolio adjustments to adapt to market conditions while adhering to the glide path. No major acquisitions, partnerships, funding rounds, or product launches specific to TRROX were reported in 2024-2025, with operations focusing on systematic allocation shifts and underlying fund optimizations.