How risky is the T Rowe Price retirement 2030 fund?
T. Rowe Price Retirement 2030 Fund has an expense ratio of 0.64 percent. All investments have a level of risk, but Morningstar rates this fund as high risk relative to its category. Because this fund has a heavier concentration in stocks than other target-date funds, it has more exposure to stock market volatility.
What is retiree 2030 fund?
Retirement 2030 Fund Invests in a diversified portfolio of other T. Rowe Price stock and bond funds that represent various asset classes and sectors. The fund’s allocation between T. Rowe Price stock and bond funds will change over time in relation to its target retirement date. TRRCX CUSIP 74149P309
What does the T Rowe Retirement fund invest in?
The fund invests in a broadly diversified portfolio of other T. Rowe Price stock and bond funds representing various asset classes and sectors. Allocations become more conservative as the fund nears its target retirement date, based on a predetermined glide path.
What is the minimum exposure to equity for retirement funds?
• Reallocation to a more conservative asset mix over time out to 30 years past expected retirement date. • Minimum equity exposure of approximately 30% reached 30 years after expected retirement date. For a complete list of the members of the fund's Investment Advisory Committee, please refer to the fund's prospectus.
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What is the parent pillar of TRRCX?
The Parent Pillar is our rating of TRRCX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Will TRRCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
About TRRCX
This fund’s objective is to provide the highest total return over time, with an emphasis on capital growth and income. The fund invests in a broadly diversified portfolio of other T. Rowe Price stock and bond funds representing various asset classes and sectors.
Rankings
U.S. News evaluated 230 Target-Date 2030 Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
Investment Strategy
This fund is intended for investors seeking long-term capital appreciation who also want a broadly diversified, professionally managed mutual fund portfolio. Investors should choose the retirement fund with the target date closest to the year in which they turn 65.
Management
Manager Jerome Clark has overseen the fund since 2002 and has been with T. Rowe Price since 1992. He was part of the team that created the target-date funds at the firm. He won the 2013 Award for Excellence in Fund Management from fund researcher Lipper.
Performance
The fund has returned 13.55 percent over the past year, 17.25 percent over the past three years, 12.53 percent over the past five years and 11.47 percent over the past decade.
Fees
T. Rowe Price Retirement 2030 Fund has an expense ratio of 0.64 percent.
Risk
All investments have a level of risk, but Morningstar rates this fund as high risk relative to its category. Because this fund has a heavier concentration in stocks than other target-date funds, it has more exposure to stock market volatility.
How long are futures trading delayed?
Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle.
Is a 10 year return annualized?
3, 5, and 10 Year Returns are Annualized
What is turnover rate in equity?
For Equity Funds, turnover rate is a measure of the fund's trading activity calculated by dividing total purchases or sales of portfolio securities (whichever is lower) by the fund's net assets. For the fixed income investments, duration estimates how much a bond fund's price will change with a change in comparable interest rates. Weighted average maturity is a weighted average of all the maturities of the securities held in a fund. WAM can be used as a measure of sensitivity to interest rate changes and markets changes. For money market funds, weighted average life is the weighted average of the life of the securities held in a fund or portfolio and can be used as a measure of sensitivity to changes in liquidity and/or credit risk. Generally, the higher the value, the greater the sensitivity. Close tooltip
What is Quarter End Average Annual Total Return?
Quarter-end Average annual total return is a rate of return on a quarterly basis that, if achieved annually, would have produced the same cumulative total return if performance had been constant over the entire period. Average annual total returns smooth out variation in performance; they are not the same as actual year-by-year results. Close tooltip
What is a target date fund?
The target date funds are designed for investors expecting to retire around the year indicated in each fund's name. The funds are managed to gradually become more conservative over time as they approach their target date. The investment risk of each target date fund changes over time as its asset allocation changes. They are subject to the volatility of the financial markets, including that of equity and fixed income investments in the U.S. and abroad, and may be subject to risks associated with investing in high-yield, small-cap, and foreign securities. Principal invested is not guaranteed at any time, including at or after their target dates. Additional risk information for this product may be found in the prospectus or other product materials, if available.
What is Morningstar data point?
This data point, usually shown as a graph, shows how the value of a hypothetical investment of $10,000 in a fund would have changed over time. It can also be used to compare the fund's historical performance against a benchmark or Morningstar Category average. This measurement does not include fees, although it assumes the reinvestment of all dividend and capital gains distributions. Close tooltip
