T. Rowe Price Retirement Blend 2060 (TRBNX)
| Fund Assets | 203.85M |
| Expense Ratio | 0.44% |
| Min. Investment | $500,000 |
| Turnover | 17.90% |
| Dividend (ttm) | 0.19 |
| Dividend Yield | 1.50% |
| Dividend Growth | 27.76% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 12.63 |
| YTD Return | 15.28% |
| 1-Year Return | 18.01% |
| 5-Year Return | n/a |
| 52-Week Low | 9.70 |
| 52-Week High | 12.63 |
| Beta (5Y) | 0.90 |
| Holdings | 21 |
| Inception Date | Jul 26, 2021 |
About TRBNX
T. Rowe Price Retirement Blend 2060 Fund is a target-date mutual fund designed for investors planning to retire around the year 2060. This fund seeks to achieve the highest total return over time, with a focus on both capital growth and income generation. It employs an active management approach, investing in a diversified mix of underlying T. Rowe Price stock and bond funds that span various asset classes, sectors, and geographic regions. At inception, and for the early years, the fund maintains an equity-heavy allocation—approximately 98% in stocks and around 2% in bonds—providing significant exposure to U.S. large-cap, mid-cap, small-cap, and international equities, with a modest allocation to real assets and emerging markets. As the target retirement date approaches, the fund’s allocation gradually shifts toward fixed income to reduce risk and provide more stability. The blend of active and passive investment strategies aims to balance growth potential with cost efficiency, making it a comprehensive single-fund solution intended to support investors from the accumulation phase through retirement and beyond.
Performance
TRBNX had a total return of 18.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.74%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| TBLNX | -i Class | 0.26% |
Top 10 Holdings
89.21% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Equity Index 500 Z | TRHZX | 30.01% |
| T. Rowe Price International Equity Index Fund Z Class | TLIEX | 14.76% |
| T. Rowe Price Value Z | TRZAX | 10.47% |
| T. Rowe Price Growth Stock Z | TRJZX | 9.61% |
| T. Rowe Price Real Assets Z | TRZRX | 6.42% |
| T. Rowe Price International Value Eq Z | TROZX | 5.44% |
| T. Rowe Price International Stock Z | TRNZX | 3.49% |
| T. Rowe Price Mid-Cap Index Z | TRSZX | 3.46% |
| T. Rowe Price Em Mkts Discv Stk Z | TRFZX | 2.93% |
| T. Rowe Price Emerging Markets Stock Z | TRGZX | 2.59% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.1887 | Dec 23, 2024 |
| Dec 21, 2023 | $0.1477 | Dec 22, 2023 |
| Dec 21, 2022 | $0.1525 | Dec 22, 2022 |