T. Rowe Price Target Retirement 2020 Fund (TRRUX)
T. Rowe Price Target Retirement 2020 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $12.87, up 0.31% on the session, giving a market capitalisation of $240.1M. Its beta of 0.66 implies it has historically moved less than the broad market.
This fund endeavors to achieve the greatest possible overall return over the long term, balancing capital appreciation with a steady stream of income. It accomplishes this by investing in a varied selection of other T. Rowe Price mutual funds, encompassing both stocks and bonds across numerous asset classes and market sectors. Its investment approach is designed around the specific retirement year of 2020, as indicated in its name, predicated on an assumed retirement age of 65. This target date represents the approximate year an investor intends to retire and is expected to stop making new contributions to the fund.
T. Rowe Price Target Retirement 2020 Fund is most often compared with the following Financial Services names: