T. Rowe Price Retirement 2050 Fund (TRRMX)
T. Rowe Price Retirement 2050 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $24.43, up 0.58% on the session, giving a market capitalisation of $18.22B. Its beta of 1.22 implies it has historically moved more than the broad market.
The fund invests in a diversified portfolio of other T. Rowe Price equity and fixed income mutual funds that represent various asset classes and sectors. The fund’s allocations among underlying T. Rowe Price mutual funds will change over time in relation to the fund’s target retirement date. The fund is managed based on the specific retirement year (target date 2050) included in its name and assumes a retirement age of 65.
T. Rowe Price Retirement 2050 Fund is most often compared with the following Financial Services names: