T. Rowe Price Retirement 2020 Fund Class R (RRTBX)
T. Rowe Price Retirement 2020 Fund Class R operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $20.58, up 0.19% on the session, giving a market capitalisation of $13.38B. On trailing twelve-month figures it carries a trailing P/E of 10.45, a net margin of 11.6%. Its beta of 0.79 implies it has historically moved less than the broad market.
This fund's primary objective is to generate the strongest possible overall return over an extended period, balancing both the growth of your initial investment and the income it produces. To achieve this, it constructs a diverse portfolio by investing in various other T. Rowe Price funds that hold stocks and bonds across different market segments and asset types. The mix of these underlying T. Rowe Price investments is dynamic; it gradually shifts over time as the fund moves closer to its designated retirement year. Specifically, this fund is tailored for individuals aiming to retire in or around 2020, based on an assumed retirement age of 65.
T. Rowe Price Retirement 2020 Fund Class R is most often compared with the following Financial Services names: