What does T. Rowe Price Retirement 2045 Fund do?

T. Rowe Price Retirement 2045 Fund (TRRKX) 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 TRRKX's market cap?

T. Rowe Price Retirement 2045 Fund (TRRKX) has a market capitalization of approximately $19.47 billion, as of July 23, 2026, based on the most recent share price and shares outstanding.

Does TRRKX pay a dividend?

Yes — T. Rowe Price Retirement 2045 Fund (TRRKX) pays a dividend annually, with a trailing-twelve-month yield of 3.43%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.

TRRKX

T. Rowe Price Retirement 2045 Fund

NASDAQ·Asset Management · Financial Services

$27.87$0.25−0.89%

Market cap$19.47B·Market closed·Jul 23 8:00 PM UTC

Price Chart

$27.87−$0.25 (−0.89%)today

+16.51%CAGR +3.11%

Select date range

FromTo

Jun 1, 2005Jul 24, 2021 → Jul 24, 2026· 5.0 yrsJul 24, 2026

Key Metrics

DividendDividend Tab

Dividend Yield (FWD)3.43%

Annual Dividend (FWD)$0.96

Dividend Growth (5Y)+0.1%

Dividend Safety—

Payout Ratio82.4%

FCF Payout Ratio—

Most Recent Dividend$0.957

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 2045 Fund

This fund strategically allocates capital across a broad spectrum of T. Rowe Price equity and fixed-income mutual funds, encompassing diverse asset classes and market sectors. The composition of these underlying T. Rowe Price investments is progressively adjusted, evolving as the fund nears its specific target retirement year. Designed for those aiming to retire in 2045, its management approach presumes an investor's retirement 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-2045-fund.html

Peers

Peers Tab

TRRHX

T. Rowe Price Retirement 2025 Fund

Cap

$17.1B

TRRMX

T. Rowe Price Retirement 2050 Fund

Cap

$18.4B

TRRBX

T. Rowe Price Retirement 2020 Fund

Cap

$13.1B

Latest News

News Tab

No recent news available.

Frequently Asked Questions About TRRKX

What does T. Rowe Price Retirement 2045 Fund do?: T. Rowe Price Retirement 2045 Fund (TRRKX) 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 TRRKX's market cap?: T. Rowe Price Retirement 2045 Fund (TRRKX) has a market capitalization of approximately $19.47 billion, as of July 23, 2026, based on the most recent share price and shares outstanding.
Does TRRKX pay a dividend?: Yes — T. Rowe Price Retirement 2045 Fund (TRRKX) pays a dividend annually, with a trailing-twelve-month yield of 3.43%. Full distribution history, payout ratios, and growth rates are on the Dividend tab.