Welcome to MutualFunds.com. Please help us personalize your experience.

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

TRRNX T. Rowe Price Retirement 2055

  • Fund
  • TRRNX
  • Price as of: Sep 17, 2019
  • $15.79 + $0.05 + 0.32%

TRRNX - Profile

Vitals

  • YTD Return 18.1%
  • 3 Yr Annualized Return 5.7%
  • 5 Yr Annualized Return 2.7%
  • Net Assets $3.77 B
  • Holdings in Top 10 84.7%

52 WEEK LOW AND HIGH

$15.79
$12.78
$16.33

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.00%

SALES FEES

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

BROKERAGE FEES

  • Turnover 24.90%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$2,500

IRA

$1,000

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Target-Date 2055

Distributions

  • YTD Total Return 18.1%
  • 3 Yr Annualized Total Return 5.7%
  • 5 Yr Annualized Total Return 2.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.33%
DIVIDENDS
  • Dividend Yield 1.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name T. Rowe Price Retirement 2055 Fund
  • Fund Family Name T. Rowe Price
  • Inception Date Dec 29, 2006
  • Shares Outstanding N/A
  • Share Class No Load
  • Currency USD
  • Domiciled Country United States
  • Manager Jerome A. Clark

Fund Description

The T. Rowe Price Retirement 2055 Fund (TRRNX) is a target-date allocation fund designed for investors looking to retire between 2051 and 2055. TRRNX invests in 18 different mutual funds. As a target-date fund, TRRNX slowly becomes more conservative as it approaches its end year. Further, TRRNX is a through fund, meaning it will keep a higher allocation to equities in retirement.

As a low-cost fund with numerous asset classes under its ticker, TRRNX makes a prime core choice for investors. The fund is internally managed by T. Rowe Price.

TRRNX - Performance

Return Ranking - Trailing

Period TRRNX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.1% 4.7% 19.8% 2.92%
1 Yr -2.4% -7.3% 5.2% 90.26%
3 Yr 5.7%* -5.7% 8.4% 23.09%
5 Yr 2.7%* -3.6% 5.2% 20.54%
10 Yr 6.8%* -6.0% 6.8% 0.50%

* Annualized


Return Ranking - Calendar

Period TRRNX Return Category Return Low Category Return High Rank in Category (%)
2018 -14.2% -17.8% -3.6% 94.20%
2017 18.3% -12.3% 20.9% 16.37%
2016 3.6% -4.2% 7.5% 56.33%
2015 -4.5% -13.0% -0.3% 47.51%
2014 2.9% -49.7% 34.8% 23.23%

Total Return Ranking - Trailing

Period TRRNX Return Category Return Low Category Return High Rank in Category (%)
YTD 18.1% 4.7% 19.8% 2.92%
1 Yr -2.4% -7.3% 7.4% 92.86%
3 Yr 5.7%* -5.7% 11.2% 41.48%
5 Yr 2.7%* -3.6% 9.0% 63.64%
10 Yr 6.8%* -4.1% 10.1% 16.42%

* Annualized


Total Return Ranking - Calendar

Period TRRNX Return Category Return Low Category Return High Rank in Category (%)
2018 -14.2% -17.3% -0.9% 96.69%
2017 18.3% -12.3% 24.1% 24.34%
2016 3.6% 0.2% 9.8% 75.11%
2015 -4.5% -9.4% 0.7% 76.41%
2014 2.9% -47.6% 39.2% 59.84%

NAV & Total Return History

TRRNX - Holdings

Concentration Analysis

TRRNX Category Low Category High TRRNX % Rank
Net Assets 3.77 B 111 K 23.7 B 23.55%
Number of Holdings 21 2 123 39.35%
Net Assets in Top 10 3.22 B 80.1 K 16.9 B 23.55%
Weighting of Top 10 84.72% 59.3% 104.7% 39.68%

Top 10 Holdings

  1. T. Rowe Price Growth Stock 19.72%

  2. T. Rowe Price Value 18.88%

  3. T. Rowe Price Overseas Stock 7.83%

  4. T. Rowe Price International Stock 7.51%

  5. T. Rowe Price Equity Index 500 6.77%

  6. T. Rowe Price International Value Eq 6.77%

  7. T. Rowe Price Emerging Markets Stock 4.93%

  8. T. Rowe Price New Income 4.41%

  9. T. Rowe Price Mid-Cap Growth 4.18%

  10. T. Rowe Price Mid-Cap Value 3.71%


Asset Allocation

Weighting Return Low Return High TRRNX % Rank
Stocks
87.51% 15.75% 93.24% 9.19%
Bonds
9.64% -40.53% 79.21% 82.90%
Cash
2.56% -21.93% 112.41% 75.32%
Preferred Stocks
0.15% 0.00% 1.66% 28.87%
Other
0.11% -0.13% 14.87% 23.71%
Convertible Bonds
0.04% 0.00% 1.06% 68.55%

Stock Sector Breakdown

Weighting Return Low Return High TRRNX % Rank
Technology
17.68% 2.10% 19.30% 16.13%
Financial Services
13.51% 3.03% 17.67% 10.48%
Healthcare
12.01% 1.66% 12.99% 13.71%
Consumer Cyclical
10.07% 1.71% 13.08% 23.55%
Industrials
9.09% 1.43% 13.96% 18.23%
Consumer Defense
6.23% 1.02% 10.05% 31.94%
Energy
4.08% 0.69% 7.70% 38.55%
Utilities
3.44% 0.16% 7.34% 8.71%
Basic Materials
3.01% 0.45% 5.30% 39.68%
Real Estate
2.55% 0.38% 9.66% 34.35%
Communication Services
1.76% 0.29% 3.70% 55.48%

Stock Geographic Breakdown

Weighting Return Low Return High TRRNX % Rank
US
57.16% 7.00% 62.90% 10.00%
Non US
30.35% 4.82% 38.88% 6.13%

Bond Sector Breakdown

Weighting Return Low Return High TRRNX % Rank
Government
5.14% -0.51% 75.23% 86.61%
Cash & Equivalents
2.44% -42.81% 112.41% 70.16%
Corporate
2.40% 0.00% 31.66% 73.23%
Securitized
2.19% 0.00% 32.84% 76.29%
Municipal
0.02% 0.00% 6.74% 73.87%
Derivative
-0.02% -82.56% 7.94% 78.39%

Bond Geographic Breakdown

Weighting Return Low Return High TRRNX % Rank
US
6.40% -52.61% 75.23% 92.58%
Non US
3.24% 0.00% 19.32% 62.10%

TRRNX - Expenses

Operational Fees

TRRNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.00% 0.00% 123.84% 99.51%
Management Fee 0.00% 0.00% 0.77% 56.61%
12b-1 Fee 0.00% 0.00% 1.00% 10.96%
Administrative Fee 0.15% 0.00% 0.40% 88.80%

Sales Fees

TRRNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.25% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

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

Turnover 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.

TRRNX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 24.90% 0.00% 165.00% 69.18%

TRRNX - Distributions

Dividend Yield Analysis

TRRNX Category Low Category High TRRNX % Rank
Dividend Yield 1.20% 0.00% 3.02% 32.10%

Dividend Distribution Analysis

TRRNX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History


Net Income Ratio Analysis

TRRNX Category Low Category High TRRNX % Rank
Net Income Ratio 1.33% -0.59% 4.60% 65.48%

Capital Gain Distribution Analysis

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

TRRNX - Managers

Jerome A. Clark

Manager

Start Date

Tenure

Tenure Rank

Dec 29, 2006

12.68

12.7%

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 A. Lee

Manager

Start Date

Tenure

Tenure Rank

Aug 01, 2015

4.08

4.1%

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.


Tenure Analysis

Category Low

0.04

Category High

16.93

Category Average

6.56

Category Mode

7.67