What does T. Rowe Price Retirement 2005 Fund do?

T. Rowe Price Retirement 2005 Fund (TRRFX) 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 TRRFX's market cap?

T. Rowe Price Retirement 2005 Fund (TRRFX) has a market capitalization of approximately $1.19 billion, as of July 22, 2026, based on the most recent share price and shares outstanding.

Does TRRFX pay a dividend?

Yes — T. Rowe Price Retirement 2005 Fund (TRRFX) pays a dividend annually, with a trailing-twelve-month yield of 5.32%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

TRRFX

T. Rowe Price Retirement 2005 Fund

NASDAQ·Asset Management · Financial Services

$13.24$0.00+0.00%

Market cap$1.19B·Market closed·Jul 22 8:00 PM UTC

Price Chart

$13.24+$0.00 (+0.00%)today

−11.44%CAGR −2.40%

Select date range

FromTo

Mar 1, 2004Jul 23, 2021 → Jul 23, 2026· 5.0 yrsJul 23, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)5.32%

Annual Dividend (FWD)$0.71

Dividend Growth (5Y)−10.1%

Dividend Safety—

Payout Ratio123.8%

FCF Payout Ratio—

Most Recent Dividend$0.705

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

PRO

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About T. Rowe Price Retirement 2005 Fund

To achieve its financial goals, this fund invests in a broad and varied selection of other T. Rowe Price stock and bond mutual funds, ensuring exposure to diverse asset classes and market segments. Its investment strategy is explicitly designed around the 2005 target retirement year found in its name, operating on the premise that investors will retire 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-2005-fund.html

Peers

Peers Tab

TBLGX

T. Rowe Price Retirement Blend 2030 Fund I Class

Cap

$1.7B

TBLWX

T. Rowe Price Retirement Blend 2030 Fund

Cap

$1.7B

LTFIX

Principal LifeTime 2055 Fund

Cap

$1.2B

Latest News

News Tab

No recent news available.

Frequently Asked Questions About TRRFX

What does T. Rowe Price Retirement 2005 Fund do?: T. Rowe Price Retirement 2005 Fund (TRRFX) 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 TRRFX's market cap?: T. Rowe Price Retirement 2005 Fund (TRRFX) has a market capitalization of approximately $1.19 billion, as of July 22, 2026, based on the most recent share price and shares outstanding.
Does TRRFX pay a dividend?: Yes — T. Rowe Price Retirement 2005 Fund (TRRFX) pays a dividend annually, with a trailing-twelve-month yield of 5.32%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.