T. Rowe Price Retirement Income 2025 Inv (TRAVX)
| Fund Assets | 19.99M |
| Expense Ratio | 0.53% |
| Min. Investment | $25,000 |
| Turnover | 39.60% |
| Dividend (ttm) | 0.77 |
| Dividend Yield | 6.61% |
| Dividend Growth | 15.24% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 16, 2026 |
| Previous Close | 11.56 |
| YTD Return | 5.77% |
| 1-Year Return | 12.56% |
| 5-Year Return | n/a |
| 52-Week Low | 10.77 |
| 52-Week High | 11.68 |
| 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.
Performance
TRAVX had a total return of 12.56% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.57%.
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
69.91% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price New Income Z | TRVZX | 15.02% |
| T. Rowe Price Ltd Dur Infl Focus Bd Z | TRPZX | 11.16% |
| T. Rowe Price Value Z | TRZAX | 8.30% |
| T. Rowe Price Growth Stock Z | TRJZX | 7.56% |
| T. Rowe Price Intl Bd (USD Hdgd) Z | TRMZX | 5.53% |
| T. Rowe Price Hedged Equity Z | PZHEX | 5.35% |
| T. Rowe Price Equity Index 500 Z | TRHZX | 4.55% |
| T. Rowe Price US Large-Cap Core Z | TRZLX | 4.38% |
| T. Rowe Price International Value Eq Z | TROZX | 4.26% |
| T. Rowe Price Overseas Stock Z | TRZSX | 3.79% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 16, 2026 | $0.0415 | Jun 17, 2026 |
| May 18, 2026 | $0.0415 | May 19, 2026 |
| Apr 16, 2026 | $0.0415 | Apr 17, 2026 |
| Mar 17, 2026 | $0.0415 | Mar 18, 2026 |
| Feb 18, 2026 | $0.0415 | Feb 19, 2026 |
| Jan 16, 2026 | $0.0415 | Jan 20, 2026 |