TRRDX: T. Rowe Price Retirement 2040 Fund - MutualFunds.com
Continue to site >
Trending ETFs

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

T. Rowe Price Retirement 2040

TRRDX - Snapshot

Vitals

  • YTD Return 3.4%
  • 3 Yr Annualized Return 10.9%
  • 5 Yr Annualized Return 12.4%
  • Net Assets $15.8 B
  • Holdings in Top 10 83.2%

52 WEEK LOW AND HIGH

$31.59
$19.17
$31.81

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.09%

SALES FEES

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

BROKERAGE FEES

  • Turnover 15.70%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2040

Compare TRRDX to Popular Target-Date 2040 Funds

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$45.49

-0.29%

$35.84 B

1.58%

$0.72

2.76%

-

$30.16

-0.27%

$33.38 B

1.62%

$0.49

2.76%

-

$12.22

-0.41%

$27.46 B

1.01%

$0.12

4.00%

-

$19.08

-0.42%

$24.13 B

0.76%

$0.14

2.75%

-

$31.47

-0.38%

$15.76 B

0.79%

$0.25

3.42%

-

TRRDX - Profile

Distributions

  • YTD Total Return 3.4%
  • 3 Yr Annualized Total Return 10.9%
  • 5 Yr Annualized Total Return 12.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.51%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    T. Rowe Price Retirement 2040 Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Sep 30, 2002
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Wyatt Lee

Fund Description

The fund invests in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors. Its allocation among T. Rowe Price mutual funds will change over time in relation to its target retirement date. The fund is managed based on the specific retirement year (target date 2040) included in its name and assumes a retirement age of 65.


TRRDX - Performance

Return Ranking - Trailing

Period TRRDX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.4% 1.7% 4.0% 17.98%
1 Yr 18.1% 8.2% 20.0% 10.18%
3 Yr 10.9%* 5.3% 11.8% 8.33%
5 Yr 12.4%* 8.0% 13.0% 12.64%
10 Yr 10.5%* 6.0% 11.1% 7.20%

* Annualized

Return Ranking - Calendar

Period TRRDX Return Category Return Low Category Return High Rank in Category (%)
2020 12.5% 1.3% 14.9% 20.83%
2019 17.5% 4.1% 22.6% 45.24%
2018 -15.5% -23.1% -6.9% 59.89%
2017 17.4% -15.1% 18.8% 22.86%
2016 2.8% -0.2% 8.2% 72.55%

Total Return Ranking - Trailing

Period TRRDX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.4% 1.7% 4.0% 17.98%
1 Yr 18.1% 3.6% 20.0% 9.42%
3 Yr 10.9%* 3.6% 11.8% 7.92%
5 Yr 12.4%* 6.9% 13.0% 12.22%
10 Yr 10.5%* 6.0% 11.1% 6.50%

* Annualized

Total Return Ranking - Calendar

Period TRRDX Return Category Return Low Category Return High Rank in Category (%)
2020 12.5% 1.3% 14.9% 20.83%
2019 17.5% 4.1% 22.6% 45.24%
2018 -15.5% -23.1% -5.5% 75.40%
2017 17.4% -15.1% 26.3% 52.00%
2016 2.8% -0.1% 10.6% 88.89%

NAV & Total Return History


TRRDX - Holdings

Concentration Analysis

TRRDX Category Low Category High TRRDX % Rank
Net Assets 15.8 B 150 K 35.8 B 8.62%
Number of Holdings 23 1 529 37.99%
Net Assets in Top 10 13.1 B 117 K 35.6 B 8.73%
Weighting of Top 10 83.18% 38.0% 100.0% 57.89%

Top 10 Holdings

  1. T. Rowe Price Value Z 18.71%
  2. T. Rowe Price Growth Stock Z 17.58%
  3. T. Rowe Price Equity Index 500 Z 9.89%
  4. T. Rowe Price International Value Eq Z 7.22%
  5. T. Rowe Price Overseas Stock Z 7.11%
  6. T. Rowe Price International Stock Z 7.00%
  7. T. Rowe Price Emerging Markets Stock Z 4.19%
  8. T. Rowe Price Mid-Cap Growth Z 4.03%
  9. T. Rowe Price New Income Z 3.97%
  10. T. Rowe Price Mid-Cap Value Z 3.50%

Asset Allocation

Weighting Return Low Return High TRRDX % Rank
Stocks
89.75% 40.01% 90.28% 3.06%
Bonds
8.21% 1.95% 91.81% 86.03%
Cash
1.90% -57.70% 9.85% 65.07%
Convertible Bonds
0.08% 0.00% 0.94% 80.79%
Preferred Stocks
0.04% 0.00% 0.93% 46.72%
Other
0.01% -0.21% 39.56% 91.70%

Stock Sector Breakdown

Weighting Return Low Return High TRRDX % Rank
Technology
20.66% 12.42% 21.81% 13.10%
Healthcare
14.00% 9.99% 17.02% 20.09%
Financial Services
13.94% 11.21% 17.16% 56.33%
Consumer Cyclical
12.92% 9.42% 13.45% 26.20%
Industrials
10.56% 9.05% 14.46% 62.01%
Communication Services
8.85% 6.03% 11.10% 44.10%
Consumer Defense
5.30% 4.95% 12.32% 95.63%
Basic Materials
4.51% 2.53% 7.10% 46.72%
Utilities
3.37% 0.79% 4.53% 16.59%
Real Estate
3.37% 1.86% 9.80% 62.45%
Energy
2.51% 1.64% 4.02% 62.01%

Stock Geographic Breakdown

Weighting Return Low Return High TRRDX % Rank
US
58.54% 9.38% 65.08% 14.85%
Non US
31.21% 11.77% 44.85% 32.75%

Bond Sector Breakdown

Weighting Return Low Return High TRRDX % Rank
Government
34.82% 8.94% 61.68% 35.37%
Corporate
28.82% 0.10% 59.91% 46.72%
Cash & Equivalents
18.50% 1.16% 48.09% 54.59%
Securitized
17.76% 0.00% 32.81% 42.79%
Derivative
0.05% 0.00% 25.89% 45.41%
Municipal
0.05% 0.00% 13.58% 69.00%

Bond Geographic Breakdown

Weighting Return Low Return High TRRDX % Rank
US
5.39% 0.38% 45.07% 90.39%
Non US
2.82% -11.02% 65.92% 23.14%

TRRDX - Expenses

Operational Fees

TRRDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.09% 0.01% 12.08% 93.33%
Management Fee 0.69% 0.00% 0.88% 93.01%
12b-1 Fee N/A 0.00% 1.00% 8.51%
Administrative Fee 0.15% 0.01% 0.30% 50.98%

Sales Fees

TRRDX 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

TRRDX 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.

TRRDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 15.70% 2.00% 101.00% 25.00%

TRRDX - Distributions

Dividend Yield Analysis

TRRDX Category Low Category High TRRDX % Rank
Dividend Yield 0.00% 0.00% 0.15% 41.38%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

TRRDX Category Low Category High TRRDX % Rank
Net Income Ratio 1.51% 0.18% 6.94% 70.64%

Capital Gain Distribution Analysis

TRRDX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Dividend Payout History

View More +

TRRDX - Fund Manager Analysis

Managers

Wyatt Lee


Start Date

Tenure

Tenure Rank

Aug 01, 2015

5.42

5.4%

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.

Kimberly DeDominicis


Start Date

Tenure

Tenure Rank

Oct 01, 2019

1.25

1.3%

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.

Andrew van Merlen


Start Date

Tenure

Tenure Rank

Jan 01, 2020

1.0

1.0%

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 16.18 5.43 1.0