T. Rowe Price Retirement 2020 I (TRDBX)

Fund Assets	14.86B
Expense Ratio	0.36%
Min. Investment	$500,000
Turnover	n/a
Dividend (ttm)	0.63
Dividend Yield	3.02%
Dividend Growth	13.74%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	20.77
YTD Return	5.89%
1-Year Return	7.63%
5-Year Return	n/a
52-Week Low	19.31
52-Week High	21.32
Beta (5Y)	n/a
Holdings	34
Inception Date	Nov 13, 2023

About TRDBX

TRDBX was founded on 2023-11-13 and is currently managed by Lee,DeDominicis,Merlen. The Fund's investment strategy focuses on Income with 0.37% total expense ratio. The minimum amount to invest in T. Rowe Price Retirement 2020 Fund T. Rowe Price Retirement 2020 Fund-I Class is $500,000 on a standard taxable account. T. Rowe Price Retirement 2020 Fund T. Rowe Price Retirement 2020 Fund-I Class seeks the highest total return over time consistent with an emphasis on both capital growth and income. TRDBX invests in a diversified portfolio of other T. Rowe Price stock and bond mutual funds that represent asset classes and sectors that will change over time in relation to its target retirement date.

• Category: Target-Date 2020
• Stock Exchange: Nasdaq
• Ticker Symbol: TRDBX
• Share Class: -i Class
• Index: Bloomberg U.S. Aggregate Bond TR

Performance

TRDBX had a total return of 7.63% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.32%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FIWTX	Fidelity	Fidelity Freedom Index 2020 Fund Institutional Premium Class	0.08%
FPIFX	Fidelity	Fidelity Freedom Index 2020 Fund Investor Class	0.12%

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PARBX	-advisor Class	0.76%
RRTBX	-r Class	1.01%

Top 10 Holdings

70.10% of assets

Name	Symbol	Weight
T. Rowe Price New Income Z	TRVZX	14.93%
T. Rowe Price Ltd Dur Infl Focus Bd Z	TRPZX	12.78%
T. Rowe Price Growth Stock Z	TRJZX	8.08%
T. Rowe Price Value Z	TRZAX	7.80%
T. Rowe Price Intl Bd (USD Hdgd) Z	TRMZX	5.59%
T. Rowe Price Hedged Equity Z	PZHEX	5.05%
T. Rowe Price Equity Index 500 Z	TRHZX	4.33%
T. Rowe Price US Large-Cap Core Z	TRZLX	4.25%
T. Rowe Price International Value Eq Z	TROZX	3.81%
T. Rowe Price Overseas Stock Z	TRZSX	3.49%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$1.2356	Dec 22, 2025
Dec 20, 2024	$0.8531	Dec 23, 2024
Dec 21, 2023	$1.2099	Dec 22, 2023

Data Sources: Tiingo, Alpha Vantage, and more

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

Last checked:

Oct 4, 2026

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