What does T. Rowe Price Target Retirement 2005 Fund do?

T. Rowe Price Target Retirement 2005 Fund (TRARX) operates in the Asset Management industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.

What is TRARX's market cap?

T. Rowe Price Target Retirement 2005 Fund (TRARX) has a market capitalization of approximately $46.1 million, as of July 23, 2026, based on the most recent share price and shares outstanding.

Does TRARX pay a dividend?

Yes — T. Rowe Price Target Retirement 2005 Fund (TRARX) pays a dividend annually, with a trailing-twelve-month yield of 5.76%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

TRARX

T. Rowe Price Target Retirement 2005 Fund

NASDAQ·Asset Management · Financial Services

$12.08$0.05−0.41%

Market cap$46.07M·Market closed·Jul 23 8:00 PM UTC

Price Chart

$12.08−$0.05 (−0.41%)today

−8.48%CAGR −1.76%

Select date range

FromTo

Aug 21, 2013Jul 23, 2021 → Jul 23, 2026· 5.0 yrsJul 23, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)5.76%

Annual Dividend (FWD)$0.70

Dividend Growth (5Y)+4.1%

Dividend Safety—

Payout Ratio132.2%

FCF Payout Ratio—

Most Recent Dividend$0.696

Ex-Dividend DateDec 22

Payment DateDec 23

EarningsEarnings Tab

EPS (FWD)—

P/E Ratio (FWD)—

EPS Growth (1Y)—

EPS Growth (3Y)—

EPS Growth (5Y)—

Next Earnings Date—

Last Report Date—

Reported vs Estimate—

Earnings Surprise—

Income Statement Flow

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About T. Rowe Price Target Retirement 2005 Fund

This fund aims to deliver the maximum possible overall return over the long term, balancing both capital appreciation and income generation. It accomplishes this by allocating its assets across a broad range of T. Rowe Price's own stock and bond mutual funds, covering diverse asset classes and market segments. The fund's investment strategy is specifically tailored to its namesake target retirement year of 2005, assuming an investor intends to retire around age 65. This target date signifies the approximate year when an investor is expected to cease employment and typically stop contributing new capital to the fund.

Sector: Financial Services
Industry: Asset Management
Exchange: NASDAQ
Website: www.troweprice.com/financial-intermediary/us/en/investments/mutual-funds/us-products/target-retirement-2005-fund.html

Peers

Peers Tab

TRROX

T. Rowe Price Target Retirement 2010 Fund

Live Oak Health Sciences Fund

Cap

$52.7M

Latest News

News Tab

No recent news available.

Frequently Asked Questions About TRARX

What does T. Rowe Price Target Retirement 2005 Fund do?: T. Rowe Price Target Retirement 2005 Fund (TRARX) operates in the Asset Management industry within the Financial Services sector. Full company description, peers, and segment breakdown are on the page above.
What is TRARX's market cap?: T. Rowe Price Target Retirement 2005 Fund (TRARX) has a market capitalization of approximately $46.1 million, as of July 23, 2026, based on the most recent share price and shares outstanding.
Does TRARX pay a dividend?: Yes — T. Rowe Price Target Retirement 2005 Fund (TRARX) pays a dividend annually, with a trailing-twelve-month yield of 5.76%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.