T. Rowe Price Target Retirement 2060 Fund (TRTFX)
T. Rowe Price Target Retirement 2060 Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Baltimore, MD, US. The stock last traded at $20.59, up 0.59% on the session, giving a market capitalisation of $223.3M. On trailing twelve-month figures it carries a trailing P/E of 296.97, a net margin of 4.9%. Its beta of 1.23 implies it has historically moved more than the broad market.
This fund seeks to achieve its objectives by investing in a wide array of T. Rowe Price's proprietary stock and bond mutual funds, encompassing various market sectors and asset categories. The allocation of assets among these underlying T. Rowe Price funds undergoes adjustments over time, correlating with its designated retirement year. Designed with a specific target date of 2060 in mind, as reflected in its name, the fund's management strategy presumes an investor's retirement at the age of 65.
T. Rowe Price Target Retirement 2060 Fund is most often compared with the following Financial Services names: