About TRHRX
T. Rowe Price Target 2040 Fund Investor Class is a target-date mutual fund designed to help investors accumulate and manage assets in preparation for retirement around the year 2040. The fund’s primary function is to deliver a blend of capital growth and income over time, with an investment strategy that actively adjusts the allocation between U.S. and international equities, fixed income, and real assets as the target date approaches. In the early years, the fund maintains a higher allocation to equities, promoting growth; as retirement nears and through the retirement years, it gradually increases fixed income holdings to reduce market risk and support income needs. The portfolio consists of diversified underlying T. Rowe Price stock and bond funds, offering broad exposure across asset classes and sectors, including large-cap U.S. equities, international stocks, and a range of fixed income instruments. With its periodic rebalancing along a defined glide path, the fund plays a significant role in retirement planning by offering a professionally managed, all-in-one solution for investors seeking both growth and income leading up to and throughout retirement.
Fund Family T. Rowe Price
Category Target-Date 2040
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol TRHRX
Index S&P Target Date 2040 TR
TRHRX had a total return of 11.58% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.64%.
