T. Rowe Price Retirement 2010 Fund (TRRAX)
T. Rowe Price Retirement 2010 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $16.88, up 0.30% on the session, giving a market capitalisation of $3.36B. Its beta of 0.73 implies it has historically moved less than the broad market.
The T. Rowe Price Retirement 2010 Fund strategically invests its assets across a diverse array of other T. Rowe Price mutual funds, encompassing both equity and fixed-income options that span various asset classes and market sectors. The composition of its underlying T. Rowe Price fund holdings is periodically rebalanced, progressively altering its asset allocation as it draws closer to its specified retirement horizon. This fund's investment approach is tailored to the target retirement year of 2010, as reflected in its title, and operates on the presumption of an investor retiring at age 65.
T. Rowe Price Retirement 2010 Fund is most often compared with the following Financial Services names: