T. Rowe Price Target Retirement 2005 Fund (TRARX)
T. Rowe Price Target Retirement 2005 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $12.11, up 0.25% on the session, giving a market capitalisation of $46.2M. Its beta of 0.62 implies it has historically moved less than the broad market.
This fund aims to deliver the maximum possible overall return over the long term, balancing both capital appreciation and income generation. It accomplishes this by allocating its assets across a broad range of T. Rowe Price's own stock and bond mutual funds, covering diverse asset classes and market segments. The fund's investment strategy is specifically tailored to its namesake target retirement year of 2005, assuming an investor intends to retire around age 65. This target date signifies the approximate year when an investor is expected to cease employment and typically stop contributing new capital to the fund.
T. Rowe Price Target Retirement 2005 Fund is most often compared with the following Financial Services names: