T. Rowe Price Retirement Income 2025 Inv (TRAVX)

Fund Assets	19.99M
Expense Ratio	0.553%
Min. Investment	$25,000
Turnover	39.60%
Dividend (ttm)	0.50
Dividend Yield	4.34%
Dividend Growth	6.23%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 16, 2026

Previous Close	11.43
YTD Return	5.72%
1-Year Return	7.87%
5-Year Return	n/a
52-Week Low	10.77
52-Week High	11.78
Beta (5Y)	n/a
Holdings	26
Inception Date	Jan 17, 2024

About TRAVX

T. Rowe Price Retirement Income 2025 Fund Investor Class is a target-date mutual fund designed to deliver monthly income to investors approaching or beginning retirement around the year 2025. The fund is actively managed and invests in a diversified mix of underlying T. Rowe Price stock and bond funds, spanning multiple asset classes and sectors to help balance growth and income objectives. Its asset allocation shifts over time, gradually reducing equity exposure and increasing fixed income as the target date approaches and into the early stages of retirement, reflecting the changing risk tolerance and income needs of retirees. Key features include its ongoing monthly distribution program and a flexible portfolio that evolves well beyond the 2025 milestone to help sustain withdrawals through retirement. The fund maintains a sizable allocation to both U.S. and international equities, core fixed income, and return-seeking fixed income, supporting diversification and multiple sources of return. While the principal value and income stream are not guaranteed, the fund is intended as a managed retirement solution rather than for lump-sum withdrawals at the target date. It stands as part of the broader family of T. Rowe Price target-date and retirement income offerings, serving investors seeking a professionally managed approach to transitioning from retirement savings to spending.

• Fund Family: T. Rowe Price
• Category: Target-Date 2025
• Stock Exchange: Nasdaq
• Ticker Symbol: TRAVX
• Index: Index is not provided by Management Company

Performance

TRAVX had a total return of 7.87% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.35%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
TRATX	-i Class	0.37%

Top 10 Holdings

70.05% of assets

Name	Symbol	Weight
T. Rowe Price New Income Z	TRVZX	14.51%
T. Rowe Price Ltd Dur Infl Focus Bd Z	TRPZX	10.89%
T. Rowe Price Value Z	TRZAX	8.51%
T. Rowe Price Growth Stock Z	TRJZX	8.34%
T. Rowe Price Intl Bd (USD Hdgd) Z	TRMZX	5.49%
T. Rowe Price Hedged Equity Z	PZHEX	5.38%
T. Rowe Price Equity Index 500 Z	TRHZX	4.81%
T. Rowe Price US Large-Cap Core Z	TRZLX	4.59%
T. Rowe Price International Value Eq Z	TROZX	4.00%
T. Rowe Price Overseas Stock Z	TRZSX	3.52%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 16, 2026	$0.0415	Sep 17, 2026
Aug 18, 2026	$0.0415	Aug 19, 2026
Jul 16, 2026	$0.0415	Jul 17, 2026
Jun 16, 2026	$0.0415	Jun 17, 2026
May 18, 2026	$0.0415	May 19, 2026
Apr 16, 2026	$0.0415	Apr 17, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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