T. Rowe Price Retirement 2040 Fund Class R (RRTDX)
T. Rowe Price Retirement 2040 Fund Class R operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $37.69, up 0.35% on the session, giving a market capitalisation of $28.00B. Its beta of 1.15 implies it has historically moved more than the broad market.
This fund primarily allocates its capital across a wide array of T. Rowe Price's proprietary equity and fixed-income mutual funds, spanning diverse asset classes and market sectors. The fund's asset allocation within these underlying T. Rowe Price funds is designed to progressively adjust over time, aligning with its specific target retirement date. Structured around the year 2040, as reflected in its designation, it is tailored for investors aiming to retire around that time, typically assuming an age of 65.
T. Rowe Price Retirement 2040 Fund Class R is most often compared with the following Financial Services names: