T. Rowe Price Retirement Balanced ClassI

Frequently Asked Questions About TRJWX

What does TRJWX invest in?

The Fund seeks the highest total return over time consistent with an emphasis on both capital growth and income. Under normal circumstances, the Fund pursues its objective by investing in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent various asset classes and sectors.

What is the expense ratio of TRJWX?

T. Rowe Price Retirement Balanced ClassI (TRJWX) charges an expense ratio of 0.34%. This is the annual fee deducted from fund assets to cover management and operations.

What is TRJWX's dividend yield?

TRJWX's trailing-twelve-month yield is 5.03%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of TRJWX?

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

What is the credit quality of TRJWX?

TRJWX'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 TRJWX?

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