T. Rowe Price Retirement 2020 R (RRTBX)

Fund Assets	20.91B
Expense Ratio	1.02%
Min. Investment	$2,500
Turnover	n/a
Dividend (ttm)	1.11
Dividend Yield	5.45%
Dividend Growth	55.25%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	20.29
YTD Return	5.95%
1-Year Return	15.28%
5-Year Return	34.98%
52-Week Low	18.68
52-Week High	20.29
Beta (5Y)	n/a
Holdings	32
Inception Date	Oct 31, 2003

About RRTBX

The T. Rowe Price Retirement 2020 R (RRTBX) seeks to provide the highest total return over time consistent with an emphasis on both capital growth and income.

• Fund Family: Price Funds - R Cl
• Category: Target-Date 2020
• Stock Exchange: NASDAQ
• Ticker Symbol: RRTBX
• Share Class: -r Class
• Index: S&P Target Date 2020 TR

Performance

RRTBX had a total return of 15.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.84%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
TRDBX	-i Class	0.37%
PARBX	-advisor Class	0.77%

Top 10 Holdings

70.29% of assets

Name	Symbol	Weight
T. Rowe Price New Income Fund Z Class	TRVZX	15.70%
T. Rowe Price Limited Duration Inflation Focused Bond Fund Z Class	TRPZX	13.24%
T. Rowe Price Value Fund Z Class	TRZAX	7.76%
T. Rowe Price Growth Stock Fund Z Class	TRJZX	7.03%
T. Rowe Price International Bond Fund (USD Hedged) Z Class	TRMZX	5.82%
T. Rowe Price Hedged Equity Fund-Z Class	PZHEX	5.02%
T. Rowe Price Equity Index 500 Fund Z Class	TRHZX	4.10%
T. Rowe Price U.S. Large-Cap Core Fund Z Class	TRZLX	4.05%
T. Rowe Price International Value Equity Fund Z Class	TROZX	3.91%
T. Rowe Price Overseas Stock Fund Z Class	TRZSX	3.67%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$1.1054	Dec 22, 2025
Dec 20, 2024	$0.712	Dec 23, 2024
Dec 21, 2023	$1.1134	Dec 22, 2023
Dec 21, 2022	$2.1279	Dec 22, 2022
Dec 21, 2021	$2.757	Dec 22, 2021
Dec 22, 2020	$2.160	Dec 23, 2020