T. Rowe Price Retirement Balanced R
- RRTIX
- Price as of: Apr 16, 2021
-
$16.43
N/A N/A
- Primary Theme
- U.S. Conservative/Balanced Allocation
- Fund Company
- T. Rowe Price
- Share Class
RRTIX - Snapshot
Vitals
- YTD Return 4.2%
- 3 Yr Annualized Return 7.9%
- 5 Yr Annualized Return 7.3%
- Net Assets $2.24 B
- Holdings in Top 10 77.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.56%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 29.40%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
-
Primary Theme
U.S. Conservative/Balanced Allocation
- Fund Type Open End Mutual Fund
- Investment Style Allocation--30% to 50% Equity
RRTIX - Profile
Distributions
- YTD Total Return 4.2%
- 3 Yr Annualized Total Return 7.9%
- 5 Yr Annualized Total Return 7.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.31%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NameT. Rowe Price Retirement Balanced Fund
-
Fund Family NameT. Rowe Price
-
Inception DateOct 31, 2003
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerWyatt Lee
Fund Description
The fund invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. It is intended for retired investors who seek income and relative stability from bonds along with some capital appreciation potential from stocks. The fund's "neutral allocations," which are what T. Rowe Price considers broadly appropriate for investors during their retirement years, are 40% stock funds and 60% bond funds.
RRTIX - Performance
Return Ranking - Trailing
Period | RRTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -4.3% | 15.1% | 40.26% |
1 Yr | 27.2% | 8.3% | 92.2% | 33.83% |
3 Yr | 7.9%* | -1.4% | 25.2% | 36.52% |
5 Yr | 7.3%* | 2.0% | 22.0% | 46.76% |
10 Yr | 5.6%* | 2.4% | 9.0% | 66.67% |
* Annualized
Return Ranking - Calendar
Period | RRTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 1.8% | -10.6% | 40.7% | 75.68% |
2019 | 11.4% | -9.5% | 22.1% | 37.25% |
2018 | -9.6% | -21.7% | -3.5% | 52.67% |
2017 | 5.0% | -7.3% | 13.7% | 63.10% |
2016 | 2.9% | -9.0% | 23.3% | 51.72% |
Total Return Ranking - Trailing
Period | RRTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 4.2% | -4.3% | 15.1% | 40.26% |
1 Yr | 27.2% | 3.9% | 92.2% | 30.13% |
3 Yr | 7.9%* | -2.6% | 25.2% | 32.58% |
5 Yr | 7.3%* | 1.8% | 22.0% | 42.44% |
10 Yr | 5.6%* | 2.4% | 9.0% | 61.02% |
* Annualized
Total Return Ranking - Calendar
Period | RRTIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 1.8% | -10.6% | 40.7% | 75.68% |
2019 | 11.4% | -9.5% | 22.1% | 38.25% |
2018 | -9.6% | -21.7% | -2.0% | 84.98% |
2017 | 5.0% | -5.9% | 16.6% | 89.96% |
2016 | 2.9% | -5.0% | 23.3% | 84.67% |
NAV & Total Return History
RRTIX - Holdings
Concentration Analysis
RRTIX | Category Low | Category High | RRTIX % Rank | |
---|---|---|---|---|
Net Assets | 2.24 B | 2.64 M | 71 B | 21.84% |
Number of Holdings | 24 | 3 | 20223 | 62.84% |
Net Assets in Top 10 | 1.71 B | -28.7 M | 13 B | 16.76% |
Weighting of Top 10 | 77.38% | 7.7% | 100.0% | 38.58% |
Top 10 Holdings
- T. Rowe Price Ltd Dur Infl Focus Bd Z 24.53%
- T. Rowe Price New Income Z 14.40%
- T. Rowe Price Equity Index 500 Z 12.06%
- T. Rowe Price Intl Bd (USD Hdgd) Z 4.93%
- T. Rowe Price Value Z 3.90%
- T. Rowe Price Growth Stock Z 3.79%
- T. Rowe Price Emerging Markets Bond Z 3.63%
- T. Rowe Price High Yield Z 3.41%
- T. Rowe Price International Stock Z 3.37%
- T. Rowe Price Overseas Stock Z 3.35%
Asset Allocation
Weighting | Return Low | Return High | RRTIX % Rank | |
---|---|---|---|---|
Bonds | 51.99% | 0.00% | 87.33% | 42.26% |
Stocks | 40.23% | 7.89% | 90.89% | 51.37% |
Cash | 7.36% | -22.94% | 33.88% | 23.86% |
Convertible Bonds | 0.30% | 0.00% | 56.32% | 82.70% |
Preferred Stocks | 0.12% | -0.02% | 70.28% | 53.37% |
Other | 0.01% | -7.41% | 38.71% | 57.38% |
Stock Sector Breakdown
Weighting | Return Low | Return High | RRTIX % Rank | |
---|---|---|---|---|
Technology | 20.05% | 0.00% | 39.97% | 30.24% |
Healthcare | 14.36% | 0.00% | 23.31% | 27.50% |
Financial Services | 14.05% | 0.00% | 47.16% | 60.29% |
Consumer Cyclical | 11.88% | 0.00% | 23.41% | 40.07% |
Industrials | 10.12% | 0.00% | 24.66% | 60.66% |
Communication Services | 8.75% | 0.00% | 22.45% | 41.71% |
Consumer Defense | 6.65% | 0.00% | 22.65% | 59.74% |
Basic Materials | 4.82% | 0.00% | 22.39% | 24.95% |
Real Estate | 3.51% | 0.00% | 100.00% | 62.48% |
Utilities | 3.10% | 0.00% | 39.68% | 46.81% |
Energy | 2.71% | 0.00% | 25.44% | 67.03% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | RRTIX % Rank | |
---|---|---|---|---|
US | 26.27% | -4.34% | 85.89% | 61.02% |
Non US | 13.96% | 0.00% | 25.49% | 24.59% |
Bond Sector Breakdown
Weighting | Return Low | Return High | RRTIX % Rank | |
---|---|---|---|---|
Government | 49.64% | 0.00% | 99.98% | 7.83% |
Corporate | 21.70% | 0.00% | 98.24% | 79.05% |
Securitized | 15.58% | 0.00% | 51.41% | 65.94% |
Cash & Equivalents | 12.27% | 0.00% | 68.00% | 34.79% |
Municipal | 0.79% | 0.00% | 100.00% | 26.59% |
Derivative | 0.03% | 0.00% | 36.71% | 49.00% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | RRTIX % Rank | |
---|---|---|---|---|
US | 39.43% | 0.00% | 68.24% | 54.46% |
Non US | 12.56% | -12.10% | 52.66% | 20.04% |
RRTIX - Expenses
Operational Fees
RRTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.56% | 0.01% | 7.06% | 68.50% |
Management Fee | 0.50% | 0.00% | 1.39% | 62.27% |
12b-1 Fee | 0.50% | 0.00% | 1.00% | 57.44% |
Administrative Fee | 0.15% | 0.01% | 0.70% | 64.90% |
Sales Fees
RRTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
RRTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
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.
RRTIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 29.40% | 2.00% | 395.00% | 31.44% |
RRTIX - Distributions
Dividend Yield Analysis
RRTIX | Category Low | Category High | RRTIX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 4.90% | 14.98% |
Dividend Distribution Analysis
RRTIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Annually |
Net Income Ratio Analysis
RRTIX | Category Low | Category High | RRTIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.31% | -0.41% | 6.42% | 82.62% |
Capital Gain Distribution Analysis
RRTIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Monthly | Annually |
Dividend Payout History
Date | Amount |
---|---|
Mar 29, 2019 | $0.023 |
Feb 28, 2019 | $0.008 |
Jan 31, 2019 | $0.009 |
Dec 31, 2018 | $0.067 |
Nov 30, 2018 | $0.011 |
Oct 31, 2018 | $0.010 |
Aug 31, 2018 | $0.010 |
Jul 31, 2018 | $0.008 |
Jun 29, 2018 | $0.021 |
May 31, 2018 | $0.008 |
Apr 30, 2018 | $0.005 |
Mar 29, 2018 | $0.017 |
Feb 28, 2018 | $0.005 |
Jan 31, 2018 | $0.005 |
Dec 29, 2017 | $0.056 |
Nov 30, 2017 | $0.006 |
Oct 31, 2017 | $0.006 |
Sep 29, 2017 | $0.021 |
Aug 31, 2017 | $0.006 |
Jul 31, 2017 | $0.006 |
Jun 30, 2017 | $0.021 |
May 31, 2017 | $0.006 |
Apr 28, 2017 | $0.007 |
Mar 31, 2017 | $0.007 |
Feb 28, 2017 | $0.006 |
Jan 31, 2017 | $0.006 |
Dec 30, 2016 | $0.062 |
Nov 30, 2016 | $0.006 |
Oct 31, 2016 | $0.005 |
Sep 30, 2016 | $0.020 |
Aug 31, 2016 | $0.006 |
Jul 29, 2016 | $0.005 |
Jun 30, 2016 | $0.019 |
May 31, 2016 | $0.005 |
Apr 29, 2016 | $0.006 |
Mar 31, 2016 | $0.011 |
Feb 29, 2016 | $0.006 |
Jan 29, 2016 | $0.005 |
Dec 31, 2015 | $0.058 |
Nov 30, 2015 | $0.005 |
Oct 30, 2015 | $0.006 |
Sep 30, 2015 | $0.023 |
Aug 31, 2015 | $0.006 |
Jul 31, 2015 | $0.007 |
Jun 30, 2015 | $0.021 |
May 29, 2015 | $0.006 |
Apr 30, 2015 | $0.006 |
Mar 31, 2015 | $0.020 |
Feb 27, 2015 | $0.005 |
Jan 30, 2015 | $0.004 |
Dec 31, 2014 | $0.065 |
Nov 28, 2014 | $0.005 |
Oct 31, 2014 | $0.005 |
Sep 30, 2014 | $0.021 |
Aug 29, 2014 | $0.006 |
Jul 31, 2014 | $0.005 |
Jun 30, 2014 | $0.020 |
May 30, 2014 | $0.006 |
Apr 30, 2014 | $0.006 |
Mar 31, 2014 | $0.010 |
Feb 28, 2014 | $0.007 |
Jan 31, 2014 | $0.006 |
Dec 31, 2013 | $0.055 |
Nov 29, 2013 | $0.006 |
Oct 31, 2013 | $0.006 |
Sep 30, 2013 | $0.019 |
Aug 30, 2013 | $0.006 |
Jul 31, 2013 | $0.005 |
Jun 28, 2013 | $0.019 |
May 31, 2013 | $0.005 |
Apr 30, 2013 | $0.005 |
Mar 28, 2013 | $0.019 |
Feb 28, 2013 | $0.005 |
Jan 31, 2013 | $0.005 |
Dec 31, 2012 | $0.061 |
Nov 30, 2012 | $0.006 |
Oct 31, 2012 | $0.006 |
Sep 28, 2012 | $0.020 |
Aug 31, 2012 | $0.007 |
Jul 31, 2012 | $0.006 |
Jun 29, 2012 | $0.025 |
May 31, 2012 | $0.007 |
Apr 30, 2012 | $0.007 |
Mar 30, 2012 | $0.020 |
Feb 29, 2012 | $0.007 |
Jan 31, 2012 | $0.006 |
Dec 31, 2011 | $0.055 |
Nov 30, 2011 | $0.007 |
Oct 31, 2011 | $0.007 |
Sep 30, 2011 | $0.023 |
Aug 31, 2011 | $0.009 |
Jul 29, 2011 | $0.019 |
Jun 30, 2011 | $0.039 |
May 31, 2011 | $0.030 |
Apr 29, 2011 | $0.020 |
Mar 31, 2011 | $0.031 |
Feb 28, 2011 | $0.014 |
Jan 31, 2011 | $0.011 |
Dec 31, 2010 | $0.054 |
Nov 30, 2010 | $0.013 |
Oct 29, 2010 | $0.014 |
Sep 30, 2010 | $0.030 |
Aug 31, 2010 | $0.014 |
Jul 30, 2010 | $0.015 |
Jun 30, 2010 | $0.028 |
May 28, 2010 | $0.014 |
Apr 30, 2010 | $0.016 |
Mar 31, 2010 | $0.027 |
Feb 26, 2010 | $0.016 |
Jan 29, 2010 | $0.013 |
Dec 31, 2009 | $0.057 |
Nov 30, 2009 | $0.016 |
Oct 30, 2009 | $0.017 |
Sep 30, 2009 | $0.030 |
Aug 31, 2009 | $0.016 |
Jul 31, 2009 | $0.018 |
Jun 30, 2009 | $0.035 |
May 29, 2009 | $0.018 |
Apr 30, 2009 | $0.017 |
Mar 31, 2009 | $0.034 |
Feb 27, 2009 | $0.019 |
Jan 30, 2009 | $0.018 |
Dec 31, 2008 | $0.073 |
Nov 28, 2008 | $0.020 |
Oct 31, 2008 | $0.025 |
Sep 30, 2008 | $0.039 |
Aug 29, 2008 | $0.025 |
Jul 31, 2008 | $0.024 |
Jun 30, 2008 | $0.039 |
May 30, 2008 | $0.024 |
Apr 30, 2008 | $0.023 |
Mar 31, 2008 | $0.038 |
Feb 29, 2008 | $0.025 |
Jan 31, 2008 | $0.025 |
Dec 31, 2007 | $0.063 |
Nov 30, 2007 | $0.029 |
Oct 31, 2007 | $0.027 |
Sep 28, 2007 | $0.039 |
Aug 31, 2007 | $0.030 |
Jul 31, 2007 | $0.027 |
Jun 29, 2007 | $0.044 |
May 31, 2007 | $0.029 |
Apr 30, 2007 | $0.026 |
Mar 30, 2007 | $0.042 |
Feb 28, 2007 | $0.026 |
Jan 31, 2007 | $0.024 |
Dec 29, 2006 | $0.062 |
Oct 31, 2006 | $0.023 |
Sep 29, 2006 | $0.041 |
Aug 31, 2006 | $0.025 |
Jul 31, 2006 | $0.023 |
Jun 30, 2006 | $0.046 |
May 31, 2006 | $0.024 |
Apr 28, 2006 | $0.022 |
Mar 31, 2006 | $0.038 |
Feb 28, 2006 | $0.021 |
Jan 31, 2006 | $0.018 |
Nov 30, 2005 | $0.022 |
Oct 31, 2005 | $0.019 |
Sep 30, 2005 | $0.035 |
Aug 31, 2005 | $0.020 |
Jul 29, 2005 | $0.020 |
Jun 30, 2005 | $0.033 |
May 31, 2005 | $0.018 |
Apr 29, 2005 | $0.019 |
Mar 31, 2005 | $0.028 |
Feb 28, 2005 | $0.016 |
Jan 31, 2005 | $0.015 |
Dec 31, 2004 | $0.052 |
Nov 30, 2004 | $0.015 |
Oct 29, 2004 | $0.015 |
Sep 30, 2004 | $0.026 |
Aug 31, 2004 | $0.014 |
Jul 30, 2004 | $0.015 |
Jun 30, 2004 | $0.028 |
May 28, 2004 | $0.017 |
Apr 30, 2004 | $0.019 |
Mar 31, 2004 | $0.027 |
Feb 27, 2004 | $0.014 |
Jan 30, 2004 | $0.014 |
Dec 31, 2003 | $0.038 |
RRTIX - Fund Manager Analysis
Managers
Wyatt Lee
Start Date
Tenure
Tenure Rank
Aug 01, 2015
5.67
5.7%
Wyatt Lee, CFA is a Vice President and Portfolio Manager at T. Rowe Price. Mr. Lee became chairman of the committee in 2011. He joined the Firm in 1999 and his investment experience dates from 1997.
Kimberly DeDominicis
Start Date
Tenure
Tenure Rank
Oct 01, 2019
1.5
1.5%
Ms. DeDominicis originally joined T. Rowe Price in 1998 and returned to the Firm in 2003. Her investment experience dates from 1999. Ms. DeDominicis has served as an associate portfolio manager for the target date strategies during the past five years.
Andrew van Merlen
Start Date
Tenure
Tenure Rank
Jan 01, 2020
1.25
1.3%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.06 | 27.56 | 6.0 | 1.25 |