T. Rowe Price Retirement 2045 Fund (TRRKX)
T. Rowe Price Retirement 2045 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $29.03, up 0.38% on the session, giving a market capitalisation of $19.76B. Its beta of 1.20 implies it has historically moved more than the broad market.
This fund strategically allocates capital across a broad spectrum of T. Rowe Price equity and fixed-income mutual funds, encompassing diverse asset classes and market sectors. The composition of these underlying T. Rowe Price investments is progressively adjusted, evolving as the fund nears its specific target retirement year. Designed for those aiming to retire in 2045, its management approach presumes an investor's retirement at age 65.
T. Rowe Price Retirement 2045 Fund is most often compared with the following Financial Services names: