T. Rowe Price Retirement 2045 R (RRTRX)
| Fund Assets | 18.72B |
| Expense Ratio | 1.11% |
| Min. Investment | $2,500 |
| Turnover | 13.00% |
| Dividend (ttm) | 0.86 |
| Dividend Yield | 3.32% |
| Dividend Growth | 153.30% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 19, 2025 |
| Previous Close | 25.76 |
| YTD Return | 5.36% |
| 1-Year Return | 20.11% |
| 5-Year Return | 50.55% |
| 52-Week Low | 18.68 |
| 52-Week High | 25.97 |
| Beta (5Y) | 0.86 |
| Holdings | 29 |
| Inception Date | May 31, 2007 |
About RRTRX
T. Rowe Price Retirement 2045 Fund - R Class is a target-date mutual fund designed to pursue long-term total return with an emphasis on both capital growth and income. It is an actively managed “fund of funds,” allocating across T. Rowe Price’s underlying stock and bond funds to provide diversified exposure to multiple asset classes and sectors. The fund’s allocation follows a glide path that starts heavily in equities decades before retirement and gradually increases fixed income exposure as the 2045 target date approaches, seeking to balance growth potential with risk reduction over time. Notable underlying holdings span U.S. large-cap growth and value, international equities, and real assets, complemented by core fixed income sleeves. The strategy is benchmarked to the S&P Target Date 2045 Index and aims to deliver a professionally managed, all-in-one portfolio that adjusts automatically as investors age. With a long track record since 2007 and sizable assets, it serves as a core retirement solution for participants seeking systematic, age-based asset allocation within a single vehicle.
Performance
RRTRX had a total return of 20.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.88%.
Top 10 Holdings
84.14% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Value Z | TRZAX | 15.17% |
| T. Rowe Price Growth Stock Z | TRJZX | 14.83% |
| T. Rowe Price Equity Index 500 Z | TRHZX | 9.91% |
| T. Rowe Price US Large-Cap Core Z | TRZLX | 9.04% |
| T. Rowe Price International Value Eq Z | TROZX | 8.85% |
| T. Rowe Price Overseas Stock Z | TRZSX | 7.93% |
| T. Rowe Price International Stock Z | TRNZX | 6.32% |
| T. Rowe Price Real Assets Z | TRZRX | 6.05% |
| T. Rowe Price Mid-Cap Value Z | TRTZX | 3.03% |
| T. Rowe Price Em Mkts Discv Stk Z | TRFZX | 3.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 19, 2025 | $0.8554 | Dec 22, 2025 |
| Dec 20, 2024 | $0.3377 | Dec 23, 2024 |
| Dec 21, 2023 | $0.7908 | Dec 22, 2023 |
| Dec 21, 2022 | $1.2612 | Dec 22, 2022 |
| Dec 21, 2021 | $1.474 | Dec 22, 2021 |
| Dec 22, 2020 | $0.890 | Dec 23, 2020 |