T. Rowe Price Retirement 2035 I (TRFJX)

Fund Assets	22.14B
Expense Ratio	0.41%
Min. Investment	$500,000
Turnover	n/a
Dividend (ttm)	1.13
Dividend Yield	4.33%
Dividend Growth	103.73%
Payout Frequency	Annual
Ex-Dividend Date	Dec 19, 2025

Previous Close	25.93
YTD Return	11.47%
1-Year Return	16.71%
5-Year Return	n/a
52-Week Low	22.68
52-Week High	26.15
Beta (5Y)	n/a
Holdings	30
Inception Date	Nov 13, 2023

About TRFJX

TRFJX was founded on 2023-11-13. The Fund's investment strategy focuses on Growth & Income with 0.42% total expense ratio. The minimum amount to invest in T. Rowe Price Retirement 2035 Fund T. Rowe Price Retirement 2035 Fund-I Class is $500,000 on a standard taxable account. T. Rowe Price Retirement 2035 Fund T. Rowe Price Retirement 2035 Fund-I Class seeks the highest total return over time consistent with an emphasis on both capital growth and income. TRFJX 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 2035
• Stock Exchange: NASDAQ
• Ticker Symbol: TRFJX
• Share Class: -i Class
• Index: Russell 3000 TR

Performance

TRFJX had a total return of 16.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 17.09%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PARKX	-advisor Class	0.83%
RRTPX	-r Class	1.08%

Top 10 Holdings

74.35% of assets

Name	Symbol	Weight
T. Rowe Price Value Z	TRZAX	12.83%
T. Rowe Price Growth Stock Z	TRJZX	11.40%
T. Rowe Price New Income Z	TRVZX	8.92%
T. Rowe Price International Value Eq Z	TROZX	7.01%
T. Rowe Price Equity Index 500 Z	TRHZX	7.01%
T. Rowe Price US Large-Cap Core Z	TRZLX	6.70%
T. Rowe Price Overseas Stock Z	TRZSX	6.63%
T. Rowe Price Real Assets Z	TRZRX	5.26%
T. Rowe Price International Stock Z	TRNZX	5.24%
T. Rowe Price Intl Bd (USD Hdgd) Z	TRMZX	3.35%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 19, 2025	$1.1254	Dec 22, 2025
Dec 20, 2024	$0.5524	Dec 23, 2024
Dec 21, 2023	$0.9058	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:

Aug 26, 2026

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