- What does TRRLX invest in?
- This investment vehicle's primary objective is to achieve the greatest possible overall return over an extended period. It accomplishes this by strategically balancing growth in asset value with the generation of current income. The fund implements its strategy by allocating its assets across a diverse range of other mutual funds managed by T. Rowe Price, specifically those focused on stocks and bonds. The precise mix of these underlying T. Rowe Price funds is not fixed; instead, it progressively evolves as the fund approaches its designated retirement year. This particular fund is structured around a target retirement date of 2060, as indicated in its name, and its management approach anticipates an investor retiring at approximately 65 years old.
- What is the expense ratio of TRRLX?
- T. Rowe Price Retirement 2060 Fund (TRRLX) charges an expense ratio of 0.64%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is TRRLX?
- T. Rowe Price Retirement 2060 Fund (TRRLX) manages $7.16B 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 TRRLX actively managed or an index fund?
- TRRLX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (TRRLX's is 0.64%) in exchange for the discretion to over- or under-weight positions.
- When was TRRLX launched?
- T. Rowe Price Retirement 2060 Fund (TRRLX) launched in June 2014 and is managed by T. Rowe Price.
- How has TRRLX performed?
- TRRLX'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.
