About RRTFX
T. Rowe Price Retirement 2050 Fund – R Class is a target-date mutual fund designed to help investors accumulate assets for retirement, with a target retirement year of 2050. Its primary function is to provide a diversified investment solution that dynamically adjusts its allocation between equities and fixed income over time, becoming more conservative as the target date approaches. The fund employs an actively managed, multi-asset strategy by investing primarily in a variety of T. Rowe Price’s stock and bond mutual funds, which represent different asset classes and sectors, including U.S. and international equities, fixed income, and real assets. Notably, the fund follows a glide path, starting with a high equity allocation to pursue growth and gradually increasing its fixed income allocation as participants near and enter retirement. With total assets exceeding $15 billion, the fund plays a significant role in the retirement planning market, particularly within defined contribution plans such as 401(k)s, offering a comprehensive, age-based investment solution for individuals planning to retire around the year 2050.
Fund Family T. Rowe Price
Category Target-Date 2050
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol RRTFX
Share Class -r Class
Index S&P Target Date 2050 TR
RRTFX had a total return of 14.79% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.85%.
