- What does TRRIX invest in?
- This fund invests primarily by allocating its assets across various T. Rowe Price stock and bond funds, creating a broad and diversified portfolio that spans multiple asset classes and market sectors. It is tailored for individuals in retirement who are looking for consistent income and a certain level of stability from their bond holdings, alongside the opportunity for some capital growth from their stock investments. The fund adheres to what T. Rowe Price considers its "neutral" asset allocation for retirees, positioning 40% of its assets in stock funds and 60% in bond funds.
- What is the expense ratio of TRRIX?
- T. Rowe Price Retirement Balanced Fund (TRRIX) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.
- What is TRRIX's dividend yield?
- TRRIX's trailing-twelve-month yield is 5.04%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of TRRIX?
- Effective duration measures TRRIX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. TRRIX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of TRRIX?
- TRRIX'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 TRRIX?
- Yield to maturity (YTM) is the total return you'd earn from TRRIX if every bond in the portfolio is held to maturity at the current price. TRRIX'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.
