T. Rowe Price Retirement Funds Inc - Retirement 2070 Fund (TRGQX)
Fund Assets | 663.03K |
Expense Ratio | 1.14% |
Min. Investment | $500,000 |
Turnover | n/a |
Dividend (ttm) | n/a |
Dividend Yield | n/a |
Dividend Growth | n/a |
Payout Frequency | n/a |
Ex-Dividend Date | n/a |
Previous Close | 10.35 |
YTD Return | n/a |
1-Year Return | n/a |
5-Year Return | n/a |
52-Week Low | 9.97 |
52-Week High | 10.52 |
Beta (5Y) | n/a |
Holdings | n/a |
Inception Date | n/a |
About TRGQX
T. Rowe Price Retirement 2070 Fund – R Class is a target-date mutual fund designed for investors planning to retire around the year 2070. Its primary function is to offer a professionally managed, all-in-one retirement investment solution that automatically adjusts its portfolio over time. Early in its lifecycle, the fund emphasizes growth by allocating a higher proportion of assets to equities across U.S. large-cap, mid-cap, small-cap, international, and emerging markets, as well as real assets. As the target retirement date approaches and passes, the fund systematically shifts toward a more conservative asset mix, gradually increasing exposure to fixed income and diversifying among core bonds, high yield, international, and inflation-focused securities. This glide path continues out to approximately 30 years past retirement, ultimately achieving a mix of about 30% equities and 70% bonds to balance growth and income needs in retirement. Designed primarily for defined contribution plans and other long-term investors, this fund plays a significant role in reducing the complexity of retirement planning by adjusting to investors’ changing risk profiles over time through a diversified blend of underlying T. Rowe Price funds.