T. Rowe Price Target 2030 (TRRWX)
T. Rowe Price Target 2030 operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $15.99, up 0.25% on the session, giving a market capitalisation of $557.4M. Its beta of 0.81 implies it has historically moved less than the broad market.
The fund pursues its objective by investing in a diversified portfolio of other T. Rowe Price equity and fixed income funds mutual that represent various asset classes and sectors. It is managed based on the specific retirement year (target date 2030) included in its name and assumes a retirement age of 65. The target date refers to the approximate year an investor in the fund would plan to retire and likely stop making new investments in the fund.
T. Rowe Price Target 2030 is most often compared with the following Financial Services names: