T. Rowe Price Retirement 2020 Fund Class R

Frequently Asked Questions About RRTBX

What does RRTBX invest in?

This fund's primary objective is to generate the strongest possible overall return over an extended period, balancing both the growth of your initial investment and the income it produces. To achieve this, it constructs a diverse portfolio by investing in various other T. Rowe Price funds that hold stocks and bonds across different market segments and asset types. The mix of these underlying T. Rowe Price investments is dynamic; it gradually shifts over time as the fund moves closer to its designated retirement year. Specifically, this fund is tailored for individuals aiming to retire in or around 2020, based on an assumed retirement age of 65.

What is the expense ratio of RRTBX?

T. Rowe Price Retirement 2020 Fund Class R (RRTBX) charges an expense ratio of 1.01%. This is the annual fee deducted from fund assets to cover management and operations.

How big is RRTBX?

T. Rowe Price Retirement 2020 Fund Class R (RRTBX) manages $13.14B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is RRTBX actively managed or an index fund?

RRTBX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (RRTBX's is 1.01%) in exchange for the discretion to over- or under-weight positions.

When was RRTBX launched?

T. Rowe Price Retirement 2020 Fund Class R (RRTBX) launched in October 2003 and is managed by T. Rowe Price.

How has RRTBX performed?

RRTBX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.