T. Rowe Price Target Retirement 2055 Fund

Frequently Asked Questions About TRFFX

What does TRFFX invest in?

This fund aims to maximize overall financial gains over the long term, balancing capital appreciation with a consistent income stream. It achieves this by strategically allocating its investments across a diverse array of T. Rowe Price's own equity and fixed-income mutual funds, thereby gaining exposure to various asset classes and market sectors. The portfolio's composition is specifically managed with a target retirement year of 2055 in mind, operating on the premise that investors anticipate retiring around age 65. This target date indicates the approximate year an investor plans to enter retirement and would typically cease making further contributions to the fund.

What is the expense ratio of TRFFX?

T. Rowe Price Target Retirement 2055 Fund (TRFFX) charges an expense ratio of 0.62%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TRFFX?

T. Rowe Price Target Retirement 2055 Fund (TRFFX) manages $312.2M 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 TRFFX actively managed or an index fund?

TRFFX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TRFFX's is 0.62%) in exchange for the discretion to over- or under-weight positions.

When was TRFFX launched?

T. Rowe Price Target Retirement 2055 Fund (TRFFX) launched in August 2013 and is managed by T. Rowe Price.

How has TRFFX performed?

TRFFX'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.