What does T. Rowe Price Retirement 2020 Fund do?

T. Rowe Price Retirement 2020 Fund (TRRBX) 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 TRRBX's market cap?

T. Rowe Price Retirement 2020 Fund (TRRBX) has a market capitalization of approximately $13.07 billion, as of July 23, 2026, based on the most recent share price and shares outstanding.

Does TRRBX pay a dividend?

Yes — T. Rowe Price Retirement 2020 Fund (TRRBX) pays a dividend annually, with a trailing-twelve-month yield of 5.77%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

TRRBX

T. Rowe Price Retirement 2020 Fund

NASDAQ·Asset Management · Financial Services

$20.79$0.12−0.57%

Market cap$13.07B·Market closed·Jul 23 8:00 PM UTC

Price Chart

$20.79−$0.12 (−0.57%)today

−15.76%CAGR −3.38%

Select date range

FromTo

Oct 1, 2002Jul 24, 2021 → Jul 24, 2026· 5.0 yrsJul 24, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)5.77%

Annual Dividend (FWD)$1.20

Dividend Growth (5Y)−11.7%

Dividend Safety—

Payout Ratio134.8%

FCF Payout Ratio—

Most Recent Dividend$1.20

Ex-Dividend DateDec 19

Payment DateDec 22

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 Retirement 2020 Fund

This fund primarily allocates its investments across a diverse selection of T. Rowe Price's own stock and bond mutual funds, covering a wide array of asset classes and market sectors. The underlying blend of these mutual funds is not static; it is strategically rebalanced over time as the fund approaches its specific retirement horizon. Its investment approach is precisely calibrated to the 2020 target retirement year, as indicated in its name, and operates on the premise of an investor retiring at age 65.

Sector: Financial Services
Industry: Asset Management
Exchange: NASDAQ
Website: www.troweprice.com/financial-intermediary/us/en/investments/mutual-funds/us-products/retirement-2020-fund.html

Peers

Peers Tab

TRRAX

T. Rowe Price Retirement 2010 Fund

Cap

$3.4B

TRRCX

T. Rowe Price Retirement 2030 Fund

Cap

$29.7B

TRRHX

T. Rowe Price Retirement 2025 Fund

Cap

$17.1B

Latest News

News Tab

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Frequently Asked Questions About TRRBX

What does T. Rowe Price Retirement 2020 Fund do?: T. Rowe Price Retirement 2020 Fund (TRRBX) 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 TRRBX's market cap?: T. Rowe Price Retirement 2020 Fund (TRRBX) has a market capitalization of approximately $13.07 billion, as of July 23, 2026, based on the most recent share price and shares outstanding.
Does TRRBX pay a dividend?: Yes — T. Rowe Price Retirement 2020 Fund (TRRBX) pays a dividend annually, with a trailing-twelve-month yield of 5.77%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.