T.Rowe Price 2050 Retirement Fund R Class

Frequently Asked Questions About RRTFX

What does RRTFX invest in?

This fund strategically diversifies its holdings by investing in a wide array of T. Rowe Price's proprietary stock and bond mutual funds, thus providing exposure to various asset classes and sectors. The asset allocation among these T. Rowe Price funds will dynamically shift as the fund approaches its target retirement date. Structured around a specific target retirement year of 2050, as indicated by its name, the fund's management strategy is premised on an assumed retirement age of 65.

What is the expense ratio of RRTFX?

T.Rowe Price 2050 Retirement Fund R Class (RRTFX) charges an expense ratio of 1.12%. This is the annual fee deducted from fund assets to cover management and operations.

What is RRTFX's dividend yield?

RRTFX's trailing-twelve-month yield is 3.33%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of RRTFX?

Effective duration measures RRTFX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. RRTFX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of RRTFX?

RRTFX'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 RRTFX?

Yield to maturity (YTM) is the total return you'd earn from RRTFX if every bond in the portfolio is held to maturity at the current price. RRTFX'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.