- What does RPTFX invest in?
- This fund aims to achieve the greatest possible overall return over the long term, balancing capital appreciation with income generation. It accomplishes this by allocating its assets across a diverse mix of T. Rowe Price's own stock and bond mutual funds, covering a wide range of asset classes and market sectors. The fund's management strategy is tailored to its designated target retirement year of 2045, based on the assumption that investors will retire at approximately 65 years of age. This target date signifies the approximate point when an investor anticipates retiring and is likely to cease making additional contributions to the fund.
- What is the expense ratio of RPTFX?
- T. Rowe Price Target Retirement 2045 Fund (RPTFX) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations.
- What is RPTFX's dividend yield?
- RPTFX's trailing-twelve-month yield is 4.84%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of RPTFX?
- Effective duration measures RPTFX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. RPTFX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of RPTFX?
- RPTFX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of RPTFX?
- Yield to maturity (YTM) is the total return you'd earn from RPTFX if every bond in the portfolio is held to maturity at the current price. RPTFX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
