- What does TRHRX invest in?
- The fund seeks to accomplish its objectives by investing in a broad array of T. Rowe Price's proprietary stock and bond mutual funds, encompassing diverse asset classes and market sectors. Its management strategy is specifically tailored to the designated target retirement year of 2040, as reflected in its name, and operates on the premise of an investor retiring at age 65. This target date denotes the approximate year an investor intends to retire and, typically, discontinue making additional contributions to the fund.
- What is the expense ratio of TRHRX?
- T. Rowe Price Target Retirement 2040 Fund (TRHRX) charges an expense ratio of 0.57%. This is the annual fee deducted from fund assets to cover management and operations.
- What is TRHRX's dividend yield?
- TRHRX's trailing-twelve-month yield is 5.63%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of TRHRX?
- Effective duration measures TRHRX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TRHRX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of TRHRX?
- TRHRX'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 TRHRX?
- Yield to maturity (YTM) is the total return you'd earn from TRHRX if every bond in the portfolio is held to maturity at the current price. TRHRX'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.
