TRRGX: T. Rowe Price Retirement 2015 Fund - MutualFunds.com

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T. Rowe Price Retirement 2015

TRRGX - Snapshot

Vitals

  • YTD Return 3.0%
  • 3 Yr Annualized Return 6.1%
  • 5 Yr Annualized Return 7.8%
  • Net Assets $5.59 B
  • Holdings in Top 10 77.2%

52 WEEK LOW AND HIGH

$15.16
$11.67
$15.43

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.07%

SALES FEES

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

BROKERAGE FEES

  • Turnover 23.70%

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 2015

Compare TRRGX to Popular Target-Date 2015 Funds

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$15.74

-1.07%

$15.23 B

2.38%

$0.38

3.69%

$23.86

-1.04%

$8.99 B

2.40%

$0.58

3.78%

$12.92

-1.30%

$7.92 B

1.86%

$0.24

0.31%

0.56%

$14.93

-1.52%

$5.59 B

2.11%

$0.32

2.97%

0.07%

$12.03

-1.56%

$5.39 B

1.98%

$0.24

1.43%

0.36%

TRRGX - Profile

Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return 6.1%
  • 5 Yr Annualized Total Return 7.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.97%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    T. Rowe Price Retirement 2015 Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Feb 27, 2004
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • 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 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 2015) included in its name and assumes a retirement age of 65.


TRRGX - Performance

Return Ranking - Trailing

Period TRRGX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -5.7% 7.3% 30.25%
1 Yr 8.1% -1.5% 11.4% 36.36%
3 Yr 6.1%* 4.5% 7.3% 16.83%
5 Yr 7.8%* 4.7% 7.9% 6.90%
10 Yr 7.6%* 4.1% 7.6% 1.41%

* Annualized

Return Ranking - Calendar

Period TRRGX Return Category Return Low Category Return High Rank in Category (%)
2019 11.5% -1.5% 14.1% 29.46%
2018 -13.2% -16.3% -4.3% 74.73%
2017 5.6% -19.2% 10.4% 64.29%
2016 3.7% -1.0% 5.6% 45.33%
2015 -5.5% -15.2% -2.0% 37.29%

Total Return Ranking - Trailing

Period TRRGX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -5.7% 7.3% 30.25%
1 Yr 8.1% -6.2% 11.4% 33.33%
3 Yr 6.1%* 2.6% 7.3% 16.83%
5 Yr 7.8%* 3.5% 7.9% 6.90%
10 Yr 7.6%* 3.6% 7.6% 1.41%

* Annualized

Total Return Ranking - Calendar

Period TRRGX Return Category Return Low Category Return High Rank in Category (%)
2019 11.5% -1.5% 14.1% 29.46%
2018 -13.2% -16.3% -2.7% 87.91%
2017 5.6% -19.2% 14.3% 89.29%
2016 3.7% -1.0% 8.5% 72.00%
2015 -5.5% -8.0% 0.0% 76.27%

NAV & Total Return History


TRRGX - Holdings

Concentration Analysis

TRRGX Category Low Category High TRRGX % Rank
Net Assets 5.59 B 124 K 15.2 B 5.79%
Number of Holdings 24 6 510 42.15%
Net Assets in Top 10 4.3 B 86 K 15.2 B 5.79%
Weighting of Top 10 77.20% 48.5% 100.0% 52.25%

Top 10 Holdings

  1. T. Rowe Price New Income Z 16.78%
  2. T. Rowe Price Equity Index 500 Z 14.07%
  3. T. Rowe Price Ltd Dur Infl Focus Bd Z 11.97%
  4. T. Rowe Price Growth Stock Z 6.60%
  5. T. Rowe Price Value Z 6.42%
  6. T. Rowe Price Intl Bd (USD Hdgd) Z 5.48%
  7. T. Rowe Price Overseas Stock Z 4.07%
  8. T. Rowe Price Emerging Markets Bond Z 3.99%
  9. T. Rowe Price International Value Eq Z 3.94%
  10. T. Rowe Price International Stock Z 3.87%

Asset Allocation

Weighting Return Low Return High TRRGX % Rank
Stocks
50.55% 19.96% 53.94% 2.48%
Bonds
45.05% 12.98% 74.98% 79.34%
Cash
3.86% 0.37% 16.75% 71.07%
Convertible Bonds
0.39% 0.00% 3.84% 76.86%
Preferred Stocks
0.15% 0.00% 5.71% 36.36%
Other
0.01% -1.56% 28.39% 69.42%

Stock Sector Breakdown

Weighting Return Low Return High TRRGX % Rank
Technology
20.51% 2.43% 21.95% 13.22%
Healthcare
14.90% 8.03% 17.04% 12.40%
Financial Services
14.89% 9.78% 19.50% 37.19%
Consumer Cyclical
10.95% 5.66% 12.94% 50.41%
Industrials
9.46% 7.59% 13.40% 71.90%
Communication Services
8.86% 5.40% 10.11% 47.93%
Consumer Defense
6.27% 6.06% 10.77% 85.12%
Basic Materials
4.15% 1.35% 6.50% 71.07%
Real Estate
3.38% 1.97% 22.22% 65.29%
Utilities
3.34% 1.94% 8.12% 41.32%
Energy
3.29% 1.72% 7.15% 54.55%

Stock Geographic Breakdown

Weighting Return Low Return High TRRGX % Rank
US
33.88% 10.31% 41.25% 5.79%
Non US
16.67% 4.61% 23.79% 25.62%

Bond Sector Breakdown

Weighting Return Low Return High TRRGX % Rank
Government
42.99% 15.85% 99.39% 33.06%
Corporate
30.71% 0.00% 59.34% 33.06%
Securitized
18.39% 0.00% 29.35% 39.67%
Cash & Equivalents
7.75% 0.61% 26.12% 73.55%
Derivative
0.09% 0.00% 23.21% 38.84%
Municipal
0.06% 0.00% 2.60% 91.74%

Bond Geographic Breakdown

Weighting Return Low Return High TRRGX % Rank
US
31.46% 9.28% 74.98% 98.35%
Non US
13.59% 0.00% 16.97% 6.61%

TRRGX - Expenses

Operational Fees

TRRGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.07% 0.01% 37.60% 96.36%
Management Fee 0.55% 0.00% 0.76% 93.33%
12b-1 Fee N/A 0.00% 1.00% 12.24%
Administrative Fee 0.15% 0.01% 0.28% 68.75%

Sales Fees

TRRGX 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% 1.00% N/A

Trading Fees

TRRGX 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.

TRRGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 23.70% 6.00% 99.00% 28.57%

TRRGX - Distributions

Dividend Yield Analysis

TRRGX Category Low Category High TRRGX % Rank
Dividend Yield 0.00% 0.00% 3.53% 54.55%

Dividend Distribution Analysis

TRRGX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

TRRGX Category Low Category High TRRGX % Rank
Net Income Ratio 1.97% 0.11% 3.79% 57.98%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

TRRGX - Fund Manager Analysis

Managers

Jerome Clark


Start Date

Tenure

Tenure Rank

Feb 27, 2004

16.6

16.6%

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

5.17

5.2%

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

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
0.41 16.6 5.22 0.75