RRTMX: T. Rowe Price Retirement 2015 R

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RRTMX T. Rowe Price Retirement 2015 R


Profile

RRTMX - Profile

Vitals

  • YTD Return 1.4%
  • 3 Yr Annualized Return 0.7%
  • 5 Yr Annualized Return 0.2%
  • Net Assets $6.2 B
  • Holdings in Top 10 77.7%

52 WEEK LOW AND HIGH

$14.52
$13.29
$14.95

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.50%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 16.20%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return 1.4%
  • 3 Yr Annualized Total Return 0.7%
  • 5 Yr Annualized Total Return 0.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.59%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    T. Rowe Price Retirement 2015 Fund Class R
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    May 31, 2007
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jerome Clark

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. Its allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date. The fund is managed based on the specific retirement year (target date 2015) included in its name and assumes a retirement age of 65.


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Categories

Fund Company Quick Screens

RRTMX - Fund Company Quick Screens


Performance

RRTMX - Performance

Return Ranking - Trailing

Period RRTMX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% 0.0% 2.4% 51.95%
1 Yr 9.8% -10.1% 25.2% 63.54%
3 Yr 0.7%* -4.5% 13.0% 80.06%
5 Yr 0.2%* -3.1% 9.5% 74.32%
10 Yr 3.3%* -5.9% 10.6% 45.59%

* Annualized

Return Ranking - Calendar

Period RRTMX Return Category Return Low Category Return High Rank in Category (%)
2019 11.4% -11.2% 23.6% 55.98%
2018 -13.2% -19.1% 0.0% 86.48%
2017 5.6% -12.3% 20.9% 76.53%
2016 3.6% -4.2% 7.5% 56.41%
2015 -5.5% -13.0% 0.0% 66.95%

Total Return Ranking - Trailing

Period RRTMX Return Category Return Low Category Return High Rank in Category (%)
YTD 1.4% 0.0% 2.4% 51.95%
1 Yr 9.8% -10.1% 25.2% 63.29%
3 Yr 0.7%* -4.2% 13.0% 95.79%
5 Yr 0.2%* -3.1% 9.5% 95.14%
10 Yr 3.3%* -4.0% 10.6% 83.59%

* Annualized

Total Return Ranking - Calendar

Period RRTMX Return Category Return Low Category Return High Rank in Category (%)
2019 11.4% -11.2% 23.6% 56.59%
2018 -13.2% -19.1% 0.0% 93.31%
2017 5.6% -12.3% 24.1% 93.11%
2016 3.6% 0.0% 9.8% 76.92%
2015 -5.5% -9.4% 0.7% 89.55%

NAV & Total Return History


Holdings

RRTMX - Holdings

Concentration Analysis

RRTMX Category Low Category High RRTMX % Rank
Net Assets 6.2 B 10 46.6 B 17.41%
Number of Holdings 22 1 652 37.40%
Net Assets in Top 10 4.83 B 88.7 K 46.7 B 16.11%
Weighting of Top 10 77.73% 54.3% 111.3% 61.33%

Top 10 Holdings

  1. T. Rowe Price Equity Index 500 17.93%
  2. T. Rowe Price New Income 16.94%
  3. T. Rowe Price Ltd Dur Infl Focus Bd 13.56%
  4. T. Rowe Price Intl Bd (USD Hdgd) 5.78%
  5. T. Rowe Price Emerging Markets Bond 4.34%
  6. T. Rowe Price Overseas Stock 4.12%
  7. T. Rowe Price International Stock 4.09%
  8. T. Rowe Price US Treasury Long-Term 3.75%
  9. T. Rowe Price Dynamic Global Bond Inv 3.68%
  10. T. Rowe Price International Value Eq 3.54%

Asset Allocation

Weighting Return Low Return High RRTMX % Rank
Bonds
49.86% -40.53% 79.46% 39.36%
Stocks
46.35% 0.00% 93.38% 51.90%
Cash
3.46% -35.61% 112.41% 56.50%
Convertible Bonds
0.22% 0.00% 1.22% 46.38%
Preferred Stocks
0.11% 0.00% 7.24% 52.36%
Other
0.01% -0.27% 100.00% 88.03%

Stock Sector Breakdown

Weighting Return Low Return High RRTMX % Rank
Technology
20.09% 2.62% 21.24% 6.84%
Financial Services
17.70% 3.32% 23.03% 14.95%
Healthcare
13.45% 0.26% 18.93% 35.69%
Consumer Cyclical
11.69% 1.88% 13.97% 14.48%
Industrials
10.47% 1.02% 16.45% 79.84%
Consumer Defense
8.14% 1.02% 12.52% 39.63%
Energy
4.73% 0.59% 13.74% 51.45%
Basic Materials
4.39% 0.76% 7.37% 29.32%
Real Estate
3.47% 0.43% 62.85% 62.69%
Utilities
3.42% 0.00% 12.51% 47.62%
Communication Services
2.47% 0.21% 12.50% 91.31%

Stock Geographic Breakdown

Weighting Return Low Return High RRTMX % Rank
US
30.89% 0.00% 65.01% 52.47%
Non US
15.46% 0.00% 39.15% 53.05%

Bond Sector Breakdown

Weighting Return Low Return High RRTMX % Rank
Government
49.68% 0.21% 99.00% 15.64%
Corporate
24.69% 0.00% 61.96% 23.06%
Securitized
19.13% 0.00% 46.63% 39.75%
Cash & Equivalents
6.44% 0.72% 112.41% 85.17%
Derivative
0.04% -82.56% 29.38% 48.09%
Municipal
0.02% 0.00% 31.11% 77.87%

Bond Geographic Breakdown

Weighting Return Low Return High RRTMX % Rank
US
34.32% -52.61% 74.40% 51.55%
Non US
15.54% -34.01% 29.12% 6.56%

Expenses

RRTMX - Expenses

Operational Fees

RRTMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.50% 0.00% 108.50% 51.96%
Management Fee 0.00% 0.00% 0.77% 51.00%
12b-1 Fee 0.50% 0.00% 1.00% 71.88%
Administrative Fee 0.15% 0.01% 0.40% 72.68%

Sales Fees

RRTMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

RRTMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

RRTMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 16.20% 0.00% 207.00% 47.55%

Distributions

RRTMX - Distributions

Dividend Yield Analysis

RRTMX Category Low Category High RRTMX % Rank
Dividend Yield 0.00% 0.00% 1.21% 93.36%

Dividend Distribution Analysis

RRTMX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

RRTMX Category Low Category High RRTMX % Rank
Net Income Ratio 1.59% -0.45% 4.93% 70.65%

Capital Gain Distribution Analysis

RRTMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

RRTMX - Fund Manager Analysis

Managers

Jerome Clark


Start Date

Tenure

Tenure Rank

Feb 27, 2004

15.85

15.9%

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.

Wyatt Lee


Start Date

Tenure

Tenure Rank

Aug 01, 2015

4.42

4.4%

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.

Kim DeDominicis


Start Date

Tenure

Tenure Rank

Oct 01, 2019

0.25

0.3%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 17.26 5.68 8.0