TRROX: T. Rowe Price Target 2010 Fund - MutualFunds.com

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T. Rowe Price Target 2010

TRROX - Snapshot

Vitals

  • YTD Return 5.2%
  • 3 Yr Annualized Return 5.6%
  • 5 Yr Annualized Return 6.6%
  • Net Assets $71.6 M
  • Holdings in Top 10 79.9%

52 WEEK LOW AND HIGH

$12.39
$9.86
$12.50

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.36%

SALES FEES

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

BROKERAGE FEES

  • Turnover 42.80%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification


Compare TRROX to Popular Target-Date 2000-2010 Funds

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$16.04

+0.19%

$5.38 B

1.92%

$0.31

2.75%

0.52%

$11.64

+0.17%

$3.81 B

1.97%

$0.23

3.93%

0.37%

$19.01

+0.21%

$3.68 B

2.21%

$0.42

5.44%

0.07%

$14.42

+0.14%

$1.28 B

2.22%

$0.32

5.26%

0.07%

$14.48

+0.21%

$1.20 B

1.86%

$0.27

5.46%

0.71%

TRROX - Profile

Distributions

  • YTD Total Return 4.5%
  • 3 Yr Annualized Total Return 5.6%
  • 5 Yr Annualized Total Return 6.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.04%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    T. Rowe Price Target 2010 Fund
  • Fund Family Name
    T. Rowe Price
  • Inception Date
    Aug 20, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • 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 2010) 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.


TRROX - Performance

Return Ranking - Trailing

Period TRROX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.2% 1.7% 6.9% 26.67%
1 Yr 7.4% 3.9% 9.8% 45.90%
3 Yr 5.6%* 3.8% 6.6% 35.42%
5 Yr 6.6%* 3.5% 7.3% 45.65%
10 Yr N/A* 2.7% 7.0% N/A

* Annualized

Return Ranking - Calendar

Period TRROX Return Category Return Low Category Return High Rank in Category (%)
2019 11.3% -1.8% 13.0% 16.24%
2018 -8.0% -12.5% -4.2% 42.70%
2017 6.8% -11.0% 8.8% 37.50%
2016 3.9% -0.1% 5.5% 29.87%
2015 -3.3% -8.6% -1.4% 11.76%

Total Return Ranking - Trailing

Period TRROX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% 1.6% 6.9% 36.67%
1 Yr 7.4% -1.3% 9.8% 42.62%
3 Yr 5.6%* 2.6% 6.6% 35.42%
5 Yr 6.6%* 3.0% 7.3% 44.57%
10 Yr N/A* 2.7% 7.0% N/A

* Annualized

Total Return Ranking - Calendar

Period TRROX Return Category Return Low Category Return High Rank in Category (%)
2019 11.3% -1.8% 13.0% 16.24%
2018 -8.0% -12.4% -2.5% 66.29%
2017 6.8% -11.0% 12.5% 75.00%
2016 3.9% -0.1% 8.0% 63.64%
2015 -3.3% -6.6% -0.1% 57.35%

NAV & Total Return History


TRROX - Holdings

Concentration Analysis

TRROX Category Low Category High TRROX % Rank
Net Assets 71.6 M 120 K 5.38 B 68.03%
Number of Holdings 24 7 47 50.00%
Net Assets in Top 10 57.2 M 88.8 K 4.34 B 60.66%
Weighting of Top 10 79.93% 72.0% 100.0% 42.62%

Top 10 Holdings

  1. T. Rowe Price New Income Z 19.74%
  2. T. Rowe Price Ltd Dur Infl Focus Bd Z 18.90%
  3. T. Rowe Price Equity Index 500 Z 11.95%
  4. T. Rowe Price Intl Bd (USD Hdgd) Z 6.67%
  5. T. Rowe Price Emerging Markets Bond Z 4.97%
  6. T. Rowe Price High Yield Z 4.69%
  7. T. Rowe Price Dynamic Global Bond Z 4.16%
  8. T. Rowe Price US Treasury Money Z 2.98%
  9. T. Rowe Price Value Z 2.95%
  10. T. Rowe Price International Stock Z 2.92%

Asset Allocation

Weighting Return Low Return High TRROX % Rank
Bonds
57.93% 47.89% 70.74% 25.41%
Stocks
35.13% 18.01% 42.27% 36.89%
Cash
6.31% 1.11% 20.40% 51.64%
Convertible Bonds
0.46% 0.00% 1.00% 76.23%
Preferred Stocks
0.16% 0.00% 0.59% 27.05%
Other
0.00% -0.53% 12.31% 72.13%

Stock Sector Breakdown

Weighting Return Low Return High TRROX % Rank
Technology
19.94% 11.49% 21.94% 21.31%
Healthcare
15.01% 10.61% 17.04% 11.48%
Financial Services
14.88% 11.95% 17.46% 45.08%
Consumer Cyclical
10.64% 5.41% 12.94% 67.21%
Industrials
9.50% 8.53% 12.56% 46.72%
Communication Services
8.77% 5.48% 10.39% 64.75%
Consumer Defense
6.86% 6.12% 11.00% 35.25%
Basic Materials
4.33% 2.96% 6.75% 72.95%
Real Estate
3.49% 1.96% 18.67% 36.07%
Energy
3.35% 2.11% 5.78% 64.75%
Utilities
3.23% 1.92% 7.45% 37.70%

Stock Geographic Breakdown

Weighting Return Low Return High TRROX % Rank
US
23.19% 9.79% 28.05% 35.25%
Non US
11.94% 7.84% 19.59% 62.30%

Bond Sector Breakdown

Weighting Return Low Return High TRROX % Rank
Government
43.91% 23.65% 93.05% 22.95%
Corporate
28.87% 0.29% 61.50% 33.61%
Securitized
17.40% 0.00% 30.01% 41.80%
Cash & Equivalents
9.67% 2.00% 27.13% 70.49%
Derivative
0.08% 0.00% 3.47% 35.25%
Municipal
0.06% 0.00% 2.52% 81.97%

Bond Geographic Breakdown

Weighting Return Low Return High TRROX % Rank
US
41.18% 36.29% 69.74% 88.52%
Non US
16.75% 1.00% 17.42% 3.28%

TRROX - Expenses

Operational Fees

TRROX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.36% 0.01% 1.75% 70.34%
Management Fee 0.47% 0.00% 0.57% 76.23%
12b-1 Fee N/A 0.00% 1.00% 8.09%
Administrative Fee 0.15% 0.01% 0.28% 36.36%

Sales Fees

TRROX 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

TRROX 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.

TRROX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 42.80% 5.00% 96.00% 69.42%

TRROX - Distributions

Dividend Yield Analysis

TRROX Category Low Category High TRROX % Rank
Dividend Yield 0.00% 0.00% 0.00% 20.49%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

TRROX Category Low Category High TRROX % Rank
Net Income Ratio 2.04% 0.81% 3.05% 48.33%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

TRROX - 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
0.59 18.01 5.51 0.75