TOORX: T. Rowe Price Target 2050 Fund - MutualFunds.com

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T. Rowe Price Target 2050 I

TOORX - Snapshot

Vitals

  • YTD Return 2.5%
  • 3 Yr Annualized Return 7.5%
  • 5 Yr Annualized Return 10.3%
  • Net Assets $159 M
  • Holdings in Top 10 81.5%

52 WEEK LOW AND HIGH

$14.82
$10.05
$15.23

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.22%

SALES FEES

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

BROKERAGE FEES

  • Turnover 34.70%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000,000
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2050

Compare TOORX to Popular Target-Date 2050 Funds

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$39.90

-2.78%

$22.98 B

2.14%

$0.88

0.33%

$26.30

-2.74%

$19.51 B

2.19%

$0.59

0.31%

$11.87

-2.63%

$13.82 B

1.48%

$0.18

-2.06%

0.75%

$16.72

-2.73%

$13.78 B

0.81%

$0.14

3.08%

0.36%

$15.79

-2.89%

$7.48 B

1.23%

$0.20

1.87%

0.35%

TOORX - Profile

Distributions

  • YTD Total Return 2.5%
  • 3 Yr Annualized Total Return 7.5%
  • 5 Yr Annualized Total Return 10.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.71%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    T. Rowe Price Target 2050 Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Feb 26, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Wyatt Lee

Fund Description

The fund pursues its objective by investing in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. It is managed based on the specific retirement year (target date 2050) included in its name and assumes a retirement age of 65. The target date refers to the approximate year an investor in the fund would plan to retire and likely stop making new investments in the fund.


TOORX - Performance

Return Ranking - Trailing

Period TOORX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -12.8% 7.5% 12.73%
1 Yr 10.4% 1.6% 14.6% 30.63%
3 Yr 7.5%* 3.5% 9.3% 15.50%
5 Yr 10.3%* 6.3% 11.6% 15.47%
10 Yr N/A* 5.4% 10.7% N/A

* Annualized

Return Ranking - Calendar

Period TOORX Return Category Return Low Category Return High Rank in Category (%)
2019 18.9% 6.3% 23.2% 43.93%
2018 -12.1% -25.1% -7.4% 25.65%
2017 17.1% -20.0% 20.1% 45.81%
2016 N/A -1.7% 8.2% N/A
2015 N/A -16.1% -1.5% N/A

Total Return Ranking - Trailing

Period TOORX Return Category Return Low Category Return High Rank in Category (%)
YTD 2.5% -12.8% 7.5% 12.73%
1 Yr 10.4% -3.5% 14.6% 27.85%
3 Yr 7.5%* 2.3% 9.3% 15.15%
5 Yr 10.3%* 5.9% 11.6% 15.08%
10 Yr N/A* 5.4% 10.7% N/A

* Annualized

Total Return Ranking - Calendar

Period TOORX Return Category Return Low Category Return High Rank in Category (%)
2019 18.9% 6.3% 23.2% 43.93%
2018 -12.1% -25.1% -5.6% 46.60%
2017 17.1% -20.0% 26.5% 74.30%
2016 N/A 0.6% 11.1% N/A
2015 N/A -16.1% 0.8% N/A

NAV & Total Return History


TOORX - Holdings

Concentration Analysis

TOORX Category Low Category High TOORX % Rank
Net Assets 159 M 130 K 23 B 57.94%
Number of Holdings 23 2 495 27.39%
Net Assets in Top 10 129 M 109 K 23 B 60.43%
Weighting of Top 10 81.46% 40.3% 100.0% 71.56%

Top 10 Holdings

  1. T. Rowe Price Growth Stock Z 19.03%
  2. T. Rowe Price Value Z 17.90%
  3. T. Rowe Price Equity Index 500 Z 7.91%
  4. T. Rowe Price International Stock Z 6.74%
  5. T. Rowe Price Overseas Stock Z 6.62%
  6. T. Rowe Price International Value Eq Z 6.50%
  7. T. Rowe Price New Income Z 5.48%
  8. T. Rowe Price Emerging Markets Stock Z 4.25%
  9. T. Rowe Price Mid-Cap Growth Z 3.83%
  10. T. Rowe Price Mid-Cap Value Z 3.19%

Asset Allocation

Weighting Return Low Return High TOORX % Rank
Stocks
84.98% 45.41% 116.59% 68.70%
Bonds
11.36% -4.31% 122.90% 22.17%
Cash
3.41% -94.88% 17.57% 45.22%
Convertible Bonds
0.13% 0.00% 0.89% 22.61%
Preferred Stocks
0.11% 0.00% 0.39% 34.35%
Other
0.02% -0.11% 43.27% 72.17%

Stock Sector Breakdown

Weighting Return Low Return High TOORX % Rank
Technology
21.12% 10.25% 23.12% 11.30%
Financial Services
15.07% 10.38% 17.51% 32.61%
Healthcare
14.70% 10.62% 18.07% 11.30%
Consumer Cyclical
11.52% 9.05% 13.56% 54.78%
Industrials
9.48% 8.86% 14.48% 86.96%
Communication Services
8.80% 6.26% 11.25% 51.30%
Consumer Defense
5.24% 5.09% 12.28% 96.96%
Basic Materials
4.07% 2.12% 7.29% 63.91%
Utilities
3.57% 0.79% 4.81% 10.43%
Real Estate
3.24% 1.94% 9.40% 66.09%
Energy
3.19% 1.69% 7.87% 29.13%

Stock Geographic Breakdown

Weighting Return Low Return High TOORX % Rank
US
55.55% 10.52% 71.34% 55.22%
Non US
29.43% 15.59% 46.05% 71.74%

Bond Sector Breakdown

Weighting Return Low Return High TOORX % Rank
Government
31.05% 3.00% 69.36% 31.30%
Corporate
29.18% 0.08% 59.76% 33.91%
Cash & Equivalents
22.62% 1.00% 92.27% 67.83%
Securitized
17.01% 0.00% 36.48% 33.91%
Derivative
0.10% 0.00% 44.66% 38.70%
Municipal
0.04% 0.00% 3.13% 68.26%

Bond Geographic Breakdown

Weighting Return Low Return High TOORX % Rank
US
7.38% -4.62% 51.81% 44.78%
Non US
3.98% 0.00% 107.26% 9.57%

TOORX - Expenses

Operational Fees

TOORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.22% 0.01% 26.33% 85.38%
Management Fee 0.52% 0.00% 0.93% 85.65%
12b-1 Fee N/A 0.00% 1.00% 11.15%
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

TOORX 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

TOORX 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.

TOORX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 34.70% 0.00% 171.00% 61.99%

TOORX - Distributions

Dividend Yield Analysis

TOORX Category Low Category High TOORX % Rank
Dividend Yield 0.00% 0.00% 2.26% 3.43%

Dividend Distribution Analysis

TOORX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

TOORX Category Low Category High TOORX % Rank
Net Income Ratio 1.71% -0.35% 7.86% 53.21%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

TOORX - Fund Manager Analysis

Managers

Wyatt Lee


Start Date

Tenure

Tenure Rank

Aug 20, 2013

7.12

7.1%

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.

Jerome Clark


Start Date

Tenure

Tenure Rank

Aug 20, 2013

7.12

7.1%

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.

Kim DeDominicis


Start Date

Tenure

Tenure Rank

Oct 01, 2019

1.0

1.0%

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

0.75

0.8%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 15.42 5.28 0.75