T. Rowe Price Retirement 2040 I (TRHDX)
| Fund Assets | 25.42B |
| Expense Ratio | 0.43% |
| Min. Investment | $2,500 |
| Turnover | 14.90% |
| Dividend (ttm) | 0.77 |
| Dividend Yield | 2.25% |
| Dividend Growth | n/a |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 34.14 |
| YTD Return | 11.68% |
| 1-Year Return | 14.04% |
| 5-Year Return | n/a |
| 52-Week Low | 27.65 |
| 52-Week High | 34.24 |
| Beta (5Y) | n/a |
| Holdings | 33 |
| Inception Date | Nov 13, 2023 |
About TRHDX
T. Rowe Price Retirement 2040 Fund - I Class is a target-date mutual fund designed to provide a professionally managed, age-appropriate asset mix for investors planning to retire around 2040. The fund seeks the highest total return over time with an emphasis on both capital growth and income, allocating across underlying T. Rowe Price stock and bond funds and adjusting its mix along a defined glide path as the target date approaches and through retirement. Early in the accumulation phase, it emphasizes equities to pursue growth, then gradually shifts toward fixed income to moderate volatility and support income needs, with ongoing adjustments extending up to 30 years past retirement. The strategy is actively managed, drawing on T. Rowe Price’s multi-asset research and diversified underlying fund lineup across U.S. and international equities, real assets, and core fixed income. Positioned within the Target-Date 2040 category, it is benchmarked to the S&P Target Date 2040 Index and is intended to serve as a comprehensive, single-fund retirement solution that evolves with an investor’s lifecycle.
Performance
TRHDX had a total return of 14.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 15.99%.
Top 10 Holdings
80.48% of assets| Name | Symbol | Weight |
|---|---|---|
| T. Rowe Price Value Z | TRZAX | 13.92% |
| T. Rowe Price Growth Stock Z | TRJZX | 13.31% |
| T. Rowe Price US Large-Cap Core Z | TRZLX | 9.45% |
| T. Rowe Price Equity Index 500 Z | TRHZX | 9.14% |
| T. Rowe Price International Value Eq Z | TROZX | 7.91% |
| T. Rowe Price Overseas Stock Z | TRZSX | 7.41% |
| T. Rowe Price International Stock Z | TRNZX | 6.33% |
| T. Rowe Price Real Assets Z | TRZRX | 5.75% |
| T. Rowe Price New Income Z | TRVZX | 4.11% |
| T. Rowe Price Mid-Cap Growth Z | TRQZX | 3.15% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.7697 | Dec 23, 2024 |
| Dec 21, 2023 | $1.5529 | Dec 22, 2023 |