T. Rowe Price Retirement 2010 Fund

Frequently Asked Questions About TRRAX

What does TRRAX invest in?

The T. Rowe Price Retirement 2010 Fund strategically invests its assets across a diverse array of other T. Rowe Price mutual funds, encompassing both equity and fixed-income options that span various asset classes and market sectors. The composition of its underlying T. Rowe Price fund holdings is periodically rebalanced, progressively altering its asset allocation as it draws closer to its specified retirement horizon. This fund's investment approach is tailored to the target retirement year of 2010, as reflected in its title, and operates on the presumption of an investor retiring at age 65.

What is the expense ratio of TRRAX?

T. Rowe Price Retirement 2010 Fund (TRRAX) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.

How big is TRRAX?

T. Rowe Price Retirement 2010 Fund (TRRAX) manages $3.20B 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 TRRAX actively managed or an index fund?

TRRAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TRRAX's is 0.49%) in exchange for the discretion to over- or under-weight positions.

When was TRRAX launched?

T. Rowe Price Retirement 2010 Fund (TRRAX) launched in October 2002 and is managed by T. Rowe Price.

How has TRRAX performed?

TRRAX'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.