The T. Rowe Price Retirement 2010 Fund (TRRAX) is a target-date allocation fund designed for investors already in retirement. TRRAX invests in 16 different mutual funds. As a target-date fund that has reached its end date, TRRAX has a conservative tilt. However, it is a through fund and will keep a higher allocation to equities through retirement.
As a low-cost fund with numerous asset classes under its ticker, TRRAX makes a prime core choice for investors. The fund is internally managed by T. Rowe Price.
| Period | TRRAX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| YTD | 8.9% | -40.4% | 434.9% | 55.34% | 3 |
| 1 Yr | 8.1% | -20.8% | 17.6% | 66.65% | 4 |
| 3 Yr | 4.4% * | -1.6% | 7.5% | 65.29% | 4 |
| 5 Yr | 6.9% * | -0.1% | 12.1% | 70.29% | 4 |
| 10 Yr | 5.1% * | 0.5% | 6.6% | 31.43% | 2 |
* Annualized
| Period | TRRAX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| 2016 | 2.8% | -17.1% | 8.3% | 54.03% | 4 |
| 2015 | -4.8% | -33.1% | 7.6% | 31.82% | 2 |
| 2014 | -0.5% | -33.3% | 21.0% | 46.39% | 3 |
| 2013 | 8.2% | -8.5% | 23.9% | 65.04% | 4 |
| 2012 | 9.7% | -10.4% | 15.8% | 47.08% | 3 |
| Period | TRRAX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| YTD | 8.9% | -40.4% | 434.9% | 55.34% | 3 |
| 1 Yr | 8.1% | -23.4% | 21.2% | 60.56% | 4 |
| 3 Yr | 4.4% * | -1.3% | 13.0% | 59.35% | 4 |
| 5 Yr | 6.9% * | -1.3% | 12.1% | 67.83% | 4 |
| 10 Yr | 5.1% * | -0.1% | 6.6% | 29.69% | 2 |
* Annualized
| Period | TRRAX Return | Category Return Low | Category Return High | Rank in Category (%) | Quintile |
|---|---|---|---|---|---|
| 2016 | 2.8% | -17.1% | 9.3% | 61.46% | 4 |
| 2015 | -0.8% | -25.3% | 7.9% | 27.69% | 2 |
| 2014 | 5.5% | -4.8% | 35.8% | 56.76% | 3 |
| 2013 | 13.8% | -6.7% | 49.0% | 75.00% | 4 |
| 2012 | 15.2% | -13.8% | 43.6% | 62.01% | 4 |
| TRRAX | Category Low | Category High | TRRAX % Rank | Quintile | |
|---|---|---|---|---|---|
| Net Assets | 5.31 B | 437 K | 36.5 B | 2.70% | 1 |
| Number of Holdings | 17 | 2 | 9892 | 3.22% | 4 |
| Net Assets in Top 10 | 4.97 B | 178 K | 36.5 B | 2.18% | 1 |
| Weighting of Top 10 | 91.5% | 2.3% | 111.6% | 7.27% | 2 |
| Weighting | Category Low | Category High | TRRAX % Rank | Quintile | |
|---|---|---|---|---|---|
| Bonds | 53.97% | 0.00% | 101.10% | 2.91% | 1 |
| Stocks | 40.27% | 0.49% | 98.40% | 24.30% | 5 |
| Cash | 4.48% | -32.35% | 97.05% | 11.89% | 3 |
| Other | 1.09% | -3.52% | 47.06% | 10.49% | 3 |
| Convertible Bonds | 0.16% | 0.00% | 4.38% | 2.23% | 1 |
| Preferred Stocks | 0.04% | 0.00% | 7.99% | 2.70% | 3 |
| Weighting | Category Low | Category High | TRRAX % Rank | Quintile | |
|---|---|---|---|---|---|
| Financial Services | 7.34% | 0.18% | 19.16% | 18.03% | 4 |
| Technology | 6.66% | 0.02% | 18.73% | 17.77% | 4 |
| Healthcare | 5.55% | 0.04% | 17.05% | 15.74% | 4 |
| Consumer Cyclical | 4.47% | 0.03% | 14.39% | 17.97% | 5 |
| Industrials | 4.46% | 0.04% | 12.35% | 16.94% | 4 |
| Consumer Defense | 3.68% | 0.03% | 11.77% | 14.29% | 4 |
| Energy | 2.01% | 0.07% | 8.23% | 13.40% | 5 |
| Basic Materials | 1.81% | 0.03% | 8.74% | 13.45% | 4 |
| Communication Services | 1.62% | 0.04% | 4.23% | 9.87% | 4 |
| Real Estate | 1.47% | 0.03% | 21.90% | 15.38% | 4 |
| Utilities | 1.18% | 0.01% | 5.41% | 9.97% | 4 |
| Weighting | Category Low | Category High | TRRAX % Rank | Quintile | |
|---|---|---|---|---|---|
| US | 27.03% | 0.06% | 80.98% | 22.38% | 4 |
| Non US | 13.24% | 0.00% | 54.00% | 21.44% | 5 |
| Weighting | Category Low | Category High | TRRAX % Rank | Quintile | |
|---|---|---|---|---|---|
| Government | 23.34% | -27.29% | 93.78% | 2.70% | 1 |
| Corporate | 15.64% | 0.00% | 53.64% | 6.54% | 2 |
| Securitized | 14.46% | 0.00% | 24.93% | 2.13% | 1 |
| Cash & Equivalents | 4.43% | -46.20% | 97.04% | 12.41% | 3 |
| Municipal | 0.34% | 0.00% | 7.56% | 2.86% | 1 |
| Derivative | -0.03% | -30.52% | 57.07% | 3.32% | 5 |
| Weighting | Category Low | Category High | TRRAX % Rank | Quintile | |
|---|---|---|---|---|---|
| US | 42.80% | -4.11% | 93.78% | 4.10% | 1 |
| Non US | 11.17% | 0.00% | 30.18% | 2.86% | 1 |
| TRRAX Fees (% of AUM) | Category Low | Category High | Rank in Category (%) | Quintile | |
|---|---|---|---|---|---|
| Expense Ratio | 0.00% | 0.00% | 14.71% | 16.25% | 1 |
| Management Fee | 0.00% | 0.00% | 0.93% | 3.82% | 1 |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 1.51% | 1 |
| Administrative Fee | 0.15% | 0.00% | 0.40% | 0.95% | 3 |
| TRRAX Fees (% of AUM) | Category Low | Category High | TRRAX Rank | Quintile | |
|---|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A | N/A |
| Deferred Load | N/A | 0.50% | 5.00% | N/A | N/A |
| TRRAX Fees (% of AUM) | Category Low | Category High | TRRAX Rank | Quintile | |
|---|---|---|---|---|---|
| Max Redemption Fee | N/A | 2.00% | 2.00% | N/A | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| TRRAX Fees (% of AUM) | Category Low | Category High | TRRAX Rank | Quintile | |
|---|---|---|---|---|---|
| Turnover | 11.80% | 0.00% | 333.00% | 7.06% | 1 |
| TRRAX | Category Low | Category High | TRRAX % Rank | Quintile | |
|---|---|---|---|---|---|
| Dividend Yield | 0.3% | 0.00% | 1.21% | 10.45% | 1 |
| TRRAX | Category Low | Category High | Category Mode | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
| Date | Amount |
|---|---|
| Dec 23, 2013 | $0.330 |
| Dec 21, 2012 | $0.380 |
| Dec 22, 2011 | $0.370 |
| Dec 22, 2010 | $0.350 |
| Dec 21, 2009 | $0.390 |
| Dec 21, 2007 | $0.710 |
| Dec 22, 2006 | $0.570 |
| Sep 15, 2006 | $0.000 |
| Dec 15, 2005 | $0.350 |
| Dec 18, 2003 | $0.140 |
| Dec 19, 2002 | $0.070 |
| TRRAX | Category Low | Category High | TRRAX % Rank | Quintile | |
|---|---|---|---|---|---|
| Net Income Ratio | 1.90% | -0.93% | 7.13% | 8.31% | 2 |
| TRRAX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Daily | Annually |
Manager
Start Date
Sep 30, 2002Tenure
14.93
Tenure Rank
0.0%
Jerome Clark is a Vice President of T. Rowe Price Group, Inc. and T. Rowe Price Associates, Inc., and a Portfolio Manager in the Fixed Income Group.Prior to joining the firm in 1992, Jerome was a Captain in the United States Marine Corps and spent three years as a Mathematics Instructor at the U.S. Naval Academy. Jerome earned a B.S. in Mathematics from the U.S. Naval Academy, an M.S. in Operations Research from the Naval Postgraduate School, and an M.B.A. in Finance from Johns Hopkins University. He has also achieved the Chartered Financial Analyst accreditation.
Manager
Start Date
Aug 01, 2015Tenure
2.08
Tenure Rank
2.2%
Mr. Lee became chairman of the committee in 2011. He joined the Firm in 1999 and his investment experience dates from 1997. During the past five years, he has assisted T. Rowe Price portfolio managers in managing and executing the Firm’s asset allocation strategies.
Category Low
0.0
Category High
14.9
Category Average
5.05
Category Mode
2.7
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